Evening Analysis on 7.8
The target level of 108500 for Bitcoin given during the day has been reached in the morning, followed by a pullback to around 107500. Relying on this support level to make a move, it is challenging the strong resistance level of 108500 again. Currently, 108500 has become a watershed for Bitcoin; if it breaks through and stabilizes, it is expected to trigger a new round of market sentiment;
Suggestions
Bitcoin: Range between 108500-109300; look for levels around 107400-106300
Ethereum: Range around 2555-2580; look for levels around 2535-2490
