8.9 Evening Bitcoin and Ethereum Analysis
The current market is characterized by continuous pullbacks and upward movements, with a steady and measured trend.
In terms of Bitcoin, 115500 has not been broken, and pullbacks have consistently held key support, indicating that the bullish structure is still in place.
With the strong momentum from Ethereum, it is expected that there might be an upward adjustment in the early morning, potentially challenging the 117600—118500 range.
In terms of operations: within the 115800—115300 range, look to establish long positions on dips;
If it surges to 117600—118500, turn to short when encountering resistance.
Ethereum is simply fierce!
The current pace is heading towards 4100—4200. If it hasn't broken 3900 on a short-term basis, consider entering long with a light position, and subsequently add positions on the right side to increase profits.
The market is fierce, but defense is the bottom line🔥🔥🔥
Finally, here’s a picture to make everyone happy🤑
