8.8 Afternoon Bitcoin Analysis
Bitcoin and Ethereum are currently both on the rise, August 8 is the day! Ethereum has reached new highs this year, and the rise is significant!
In the morning, the market had a surge, and in the afternoon, there is likely to be a small level of correction. This correction is not for fans to short, but to find opportunities to go long at lower levels. As long as Bitcoin's daily level does not fall below 115000, after a small level pullback, it will still move upwards. Today is Black Friday, let's see if anything unexpected happens tonight?
Currently, Ethereum's market experienced a slight surge breaking the 3950 level around noon, and the overall market has again shown a correction adjustment state. The overall market is in a high-level tug-of-war state. The 4000 level is very close; has Bitcoin grasped this market opportunity? Always complaining about the lack of market activity, when the real market comes, have you truly seized the opportunity? Have you caught the timing? Don't always watch others profit; while they hesitate, thinking about where to exit, you should be thinking about where to enter. This is the essential difference.
Bitcoin can be bought around: 116100 - 115600, target 117500 - 118500
Ethereum can be bought around: 3875 - 3900, target 3960 - 4000 $BTC $ETH