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Good morning everyone, today is the 8th of August.
Yesterday, the crypto world was really lively. The favorable policies from the Trump administration and unemployment benefits injected a powerful boost into the cryptocurrency prices, breaking through various barriers with ease. Bitcoin surged to a high of 117,500, while Ethereum also showed its strength, rocketing to around 3,935. This is undoubtedly a heavy blow for the bears.
Today we will continue to follow the trend and choose a low long operation.
Pancake suggestion: Go long at 116300 - 116800, target towards 118000 - 117500
Ethereum suggestion: Long in the range of 3840 - 3870,
Target 3950 - 4000