BTC and ETH market analysis on August 8:
Today's highlights
BTC: 1-hour and 4-hour levels are lower than healthy levels, and the daily level is lower than healthy levels. BTC continues to test the resistance range and wait for a deterministic signal. The big cycle continues to be bullish. The upper resistance is 57700-58200 during the day, and the lower support is 54200-54700. Pay attention to the breakthrough of the resistance level today. The callback can be partially hidden. Wait patiently
ETH: 1-hour and 4-hour levels are lower than healthy levels. The daily level enters the oversold range. Pay attention to the callback during the day. If it can stabilize, there is a chance of a rebound. It can be lightly followed up and hidden. The upper resistance is 2530-2580 during the day, and the lower support is 2330-2380 during the day. Today's callback can be partially hidden. Wait patiently
