# Trend reappears fast drop, still need to pay attention to this area
① 20:30 US initial jobless claims for the week ending July 29
② 22:00 US ISM non-manufacturing PMI for July
③ 22:00 US factory orders for June
**Bitcoin**
1. Daily chart: After the price retraced to the 25000 level, it continued to rise. Pay attention to its change in form later.
2. 1-hour chart: Short-term trend once again fell to test the 29000 support level. If this support is not broken, there is still a trend of rebound.
**Ethereum**
1. Daily chart: After the price tested the 1630 level, it rose again. Pay attention to its change in form later.
2. 1-hour chart: Short-term trend once again fell to test the 1820 support level. If this support is not broken, there is still a trend of rebound.
**Bitcoin**
Yesterday's view:
Summary: After the price broke through the 29600 level in the short term, there was a slight pullback. If the pullback does not break this support, there is still a trend of continued rise. Pay attention to resistance at 30450 and 31500. If the trend breaks the support, it will continue to decline. Pay attention to support at 28800 and 28300.
Later trend: The trend continued to fall and broke through the 29600 level, successfully reaching the first target at 28800, with the lowest reaching the 28906 level.
**Ethereum**
Yesterday's view:
Summary: After the price broke through the 1880 level in the short term, there was a rebound. If the rebound does not break this resistance, there is still a trend of continued decline. Pay attention to support at 1810 and 1770. If the trend breaks the resistance, it will open up for another rebound. Pay attention to resistance at 1930 and 1980.
Later trend: After being blocked by the resistance at the 1880 level, the trend continued to fall, reaching the lowest level at 1820.
**Bitcoin**
Summary: The short-term trend once again fell to test the 29000 support level. If this support is not broken, there is still a trend of rebound. Pay attention to resistance at 30000 and 31400. If the trend breaks the support, it will continue to decline. Pay attention to support at 28200 and 27400.
**Ethereum**
Summary: The short-term trend once again fell to test the 1820 support level. If this support is not broken, there is still a trend of rebound. Pay attention to resistance at 1880 and 1930. If the trend breaks the support, it will continue to decline. Pay attention to support at 1760 and 1640.
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