August 8 midday strategy

$BTC

After Bitcoin's surge and subsequent pullback, short-term attention can be given to key support areas for positioning opportunities: if the price can hold above 116200 or form effective support around 115600, consider lightly entering long positions, with a profit target aimed at the 118300 area.

It is important to pay attention to the operations; you need to wait for the confirmation of support validity (such as the appearance of a stop-loss signal) before entering the market, and also set up stop-loss protection to prevent the risk of support failure.

$ETH

Ethereum's market has reached a critical breakthrough point today, and the direction for bulls and bears is about to be decided. In terms of operations, one must wait for a clear breakthrough or breakdown signal before entering the market: for long strategies, wait for a valid breakout above the resistance at 3965; after confirming the breakout, one can follow the trend and enter long, aiming for the 4120 area. For short strategies, one should wait for the price to break below the support at 3940; only after confirming the breakdown signal should one consider entering the market. At this stage, it's advisable to maintain patience, avoid premature predictions, and take action only when signals are clear for a more prudent approach.