Analysis of Aunt Big Cake's Market on Friday Afternoon, August 8

Regarding Bitcoin, it showed a steady upward trend during the day yesterday, with a total increase of 2500 points. In the evening, after a brief pullback following a strong opening in the U.S. stock market, it surged again, reaching a high of around 117600. Based on trend analysis, 117600 is not the end point of this upward move; a pullback presents an opportunity to enter long positions!

For Ethereum, it also exhibited a relatively strong oscillating pattern. The short-term upward structure remains unchanged, and the pullback process can be viewed as a buying opportunity.

Trading Suggestions:

Ethereum: Enter long positions in the 3860-3880 range, targeting around 4020.

Bitcoin: Look for long opportunities in the 115800-116300 range, targeting around 118600.

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