In the recent trend, Bitcoin has been unable to break through the daily MA30 daily average (62K), which directly hindered the opportunity to rise again in August.

Therefore, in terms of trend, if the top pressure is not broken, it can be basically confirmed that the cycle is a volatile trend of shorting at highs. After a sharp drop below 59K in the morning, the short-term trend of the day focuses on looking for suppression near 59K, and looks down to 58K-57.5K.

The center of gravity suppression of Ethereum is around 2.8K, and the short-term suppression of the day should focus on around 2650. Looking for short-term suppression around 2650 can be seen down to the 2580-2550 range.