Market analysis on August 2 is as follows:
1. Bitcoin broke through the 64,500 support level yesterday, marking the end of the rally from 53,500 to 70,000. The current rebound is seen as an opportunity to lighten positions.
2. Although the bull market is not over yet, at the weekly level, it is expected to continue to experience volatile callbacks, and 51,000 may become the potential next target.
