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9.8 Evening Thoughts
Good evening
A new week begins!
This week, Bitcoin is focusing on the position of 1135. If it can break through this position, we can expect a daily-level reversal to the upside, looking towards 117. Similarly, we also need to pay attention to the position of 11 on the downside. If it breaks below this on the daily level, then last week's bottom rebound will have ended. On the downside, we should look for support in the range of 108-107, especially since the previous low of 1073 will likely see a rebound as well.
I personally think in the evening.
The pancake is consolidating around 112300-113000, with a target looking towards the vicinity of 111800-111000.
Ethereum is hovering around 4325-4360, targeting the area around 4300-4270.