Price structure analysis and directional assessment of ETH and BTC on August 2:

(1) Taking ETH/USDT perpetual as an example, if the earlier analysis expectations are consistent, after breaking below 3731, the bearish momentum further released on August 1, below 3725, continues to be bearish. During the continued downward movement of the bears, there is a pull on BTC. The operational strategy focuses mainly on short positions at the daily level, with a long position at the 1-hour cycle as a supplementary model.
(1) Taking BTC/USDT perpetual as an example, if the previous assessment expectations are consistent, the price is below 118862. Under the influence of ETH, the bearish momentum is further released, reaching a new low on August 1; continue to be bearish below 116000, with the operational strategy mainly focusing on daily level short positions, supplemented by long positions using the hourly cycle bullish turning point model.