8.2 BTC ETH evening strategy

The US stock market is under bearish pressure, and short sellers may welcome a continuous opportunity to exert force.
Recent strong U.S. economic data has continued to push U.S. stocks to new highs, but the non-farm payroll report for July released yesterday was below expectations, leading to a lower open and a decline of over 2% in the Nasdaq. Meanwhile, Trump signed an executive order to implement "reciprocal tariffs," with rates ranging from 10% to 41%, significantly increasing trade pressure. Considering the macro expectations for the second half of the year and the current market sentiment, the market may enter a two to three month adjustment period, with bearish forces expected to be concentrated and unleashed.
From a technical perspective, the trend remains bearish.
The current price is running along the lower band of the four-hour Bollinger Bands, with an overall weak trend; after a large bearish candlestick, only a small bullish recovery is seen, with rebound lacking volume and clear characteristics of strong bears; the Bollinger Bands are widening, the lower band is probing downwards, bear momentum continues, and there is no clear support, with no signs of a bottom appearing. The short-term trend has not changed, and within the day, the main inclination remains to short on rallies.
Personal suggestion
BTC: 114800-115600 entry range, target down to 112000, long-term target 108000
ETH: Enter at 3550-3580, target down to 3400-3320, long-term view at 3100 #6 BTC全民空投限时派送中#