Chu Yuechen: Trading was light over the weekend; hold long positions in Bitcoin around 62,500 with an upward bias.

Chu Yuechen: August 1st Bitcoin/ETH Trading Reference - Short-term bearish momentum dominates. After failing to break through the 65800 resistance level twice, it declined further. However, the synchronized accumulation by whales and ETFs at the end of July provides potential support below. Currently, we are in a phase of "macroeconomic negative digestion" and "on-chain fund undercurrents." Although yesterday's drop was quite severe, don't be overly pessimistic. The support around 62500 remains relevant. For trading, try placing long orders near this level, with a stop-loss below 62000, and short-term targets of 63800-64000, followed by the 65500 area. Similarly, for ETH, try long orders near the short-term support of 1850, with a stop-loss below 1800, and a target around 1950. Liquidity will be lower over the weekend, so there may be little volatility. We only say to try trading at the given points; there's no need to be afraid. Small stop-losses and large targets have always been my trading strategy. The long position in Bitcoin at 62500 was entered last night and is still being held. Feel free to contact me if you need to discuss this further. Specific trading strategies will be implemented based on real-time market changes. Multiple short-term trading opportunities are available daily, while medium- to long-term strategies continue. A discussion group is open; please see my profile for more information.