8.11 Evening Analysis of Bitcoin and Ethereum
In the afternoon, Bitcoin surged to 122335 before retreating. It is currently trending downwards, mainly testing the CME gap around 120000. Ethereum's trend is synchronized, with the current price stabilizing and bullish momentum still present. The overall strategy for the evening remains focused on buying the dips.
Operation Strategy
Bitcoin: Support below at 120000, if it doesn't break, look to buy on a pullback, target 121500-122000.
Ethereum: Support below at 4160 and 4100, if it doesn't break, look to buy, target 4250-4300.
