Morning Analysis on 8.8:
Yesterday, the price of Bitcoin soared to the position of 117500, and Ethereum was also driven up by Bitcoin, reaching the level of 3935. This is indeed not very friendly to the bears. In such a favorable environment, with such positive support, the intraday strategy should mainly focus on low long positions following the trend!
Suggestions:
Bitcoin: Long from 116300 to 116800, with a target of 118000-11500
Ethereum: Long from 3810 to 3870, with a target of 3960-4000
