It is predicted in cointelegraph that altcoin and bitcoin price will dip. Check this link: https://cointelegraph.com/news/bitcoin-ethereum-ripple-bitcoin-cash-eos-litecoin-cardano-stellar-iota-tron-price-analysis-august-01. We are already in the ghost month and this is the time of the year that most business are closed. So people don't have enough money to invest anything. In Chinese tradition, it is also said that releasing of financial assets is a bad luck if done this month. Wait next month and everything will be bullish again.