‼️August 3rd ‼️

# Mainstream Market Analysis

1. US stock market trends:

--Market closed yesterday

2. #BTC Trend:

--Inertia-driven decline, signs of stabilization, here we only look for a rebound and temporarily do not consider a reversal. Conclusions will be drawn based on the height of the rebound over time. At the hourly level, there is a rebound that breaks the daily M head and neck line, pay attention to the support at the position of the one-time space, with the first support position below at 109862.

3. #ETH trend:

-- The strategy remains unchanged, focusing on a rebound at the key level of 3160 points. There is a demand for a rebound, and light positions can be taken near 3200 for speculation, while most of the short positions should be closed for profit.

4. The current key support level for #BTC is:

The core performance of the Nasdaq in the US stock market last night brought BTC down with inertia.

• Upper resistance: 115334, the original support has become a resistance level, with a small support at 111920 below. It is not advisable to heavily invest in long positions. Most positions in short positions should take profits while holding the current positions unchanged.

Note: Control the position size for long positions with small sizes to play for gains, small losses should not become large losses, and stop losses should be executed in a timely manner.