On the morning of the 12.8th, sharing of operational suggestions and directions for Bitcoin and Ethereum.
The bullish outlook was once again validated in the early hours, with the price accurately reaching our focal points. We suggested entering a long position for Bitcoin near 89100, and for Ethereum near 3060. Bitcoin has gained over 2400 points, while Ethereum has gained over 63 points. From the current market view, the 1-hour level shows that after breaking through the upper band, the price is currently operating above the middle band area. Up to the previous price, it still belongs to an upward inclined state, with moving averages displaying a bullish arrangement, and the overall upward channel is intact. In the short term, some consolidation is still accompanied, preparing for the next rebound stretch. In the upcoming strategy, we primarily focus on pulling back to long.
Bitcoin can be bought around 89500 to 90000, with a focus on 92000.
Ethereum can be bought around 3050 to 3020, with a focus on 3160.
