Bitcoin ($BTC ):

The market has rebounded slightly in a V-shape after a round of oversold, but the pressure from above is relatively large and it is in a sideways adjustment stage. It is expected that after testing the support below, the market will continue to rise. Therefore, the subsequent operation recommendation is mainly low-long.

Operation recommendation:

Bitcoin (BTC):

Entry point: long at the current price of 58500-59000

Target point: 60500-61500

Stop loss: 57500

Ethereum ($ETH ):

Entry point: long at the current price of 2600-2630

Target point: 2700-2800

Stop loss: 2580

Focus:

This week, investors need to pay special attention to the upcoming US inflation data, including the July Producer Price Index (PPI) released on Tuesday and the Consumer Price Index (CPI) on Wednesday. These data will have a significant impact on market sentiment and price trends. Especially in the context of the current uncertain economic situation in the United States, the market's expectation that the Federal Reserve may cut interest rates in September will affect the trend of BTC and ETH. Therefore, investors should remain vigilant when operating and pay close attention to the release of economic data and market reactions.