8.8 Friday Analysis
Recently, capturing the trend has mainly focused on low longs, and the results are evident to everyone; those who kept up have reaped substantial rewards.
Four-hour level: Unilateral rise, stable structure, higher highs, bullish strength being released; breaking resistance levels will accelerate with increased volume.
One-hour level: There may be a short-term technical pullback, but it does not affect the upward trend; it seems to be building strength for the next surge. Combined with the hourly chart, the candlestick shows strength, and bullish momentum is increasing; subsequent pullbacks should be bought.
BTC: Long around 1158—1163, target at 118500.
ETH: Long around 3830—3870, target at 3950.