April 24 Evening BTC/ETH Mishi Strategy


The news sentiment is too vague, and the market feedback is just range-bound oscillation with no clear direction. Subjectively, I believe that a second round of negotiations is highly likely to start, after all, the stage has been set. Extending the ceasefire and personnel arriving in Beijing, it’s unreasonable for the other side to continue ignoring. As for the negotiation outcome, the uncertainty is too great. Subjectively, I think there will be a recent deep dip to confirm the long-side chips, combined with news to make an upward breakout move. The logic is “hoping for world peace.” (A separate analysis of this logic will be posted over the weekend)

BTC: The current focus is whether 78,500 can break through to open up the space from 78,500 to 79,750. If you’re eager to add positions and gamble on a breakout, you can add above 77,300, using last night’s low of 76,900 as a defense. For those bullish, use 78,500 as a defense; any position below this level can be shorted. Long positions are attempts on the left side, with news sentiment being quite influential. The target for bears is to go downward along the rhythm of 77,300-76,650-76,000-75,500-74,400. The target for bulls is to break above 78,500 and go upward along the rhythm of 79,000-79,750-80,400-81,000-81,700. That’s all for now. If a sudden positive pulse reaches near 81,700, it’s possible to go long high. For conservative positions, wait and watch the key levels, as the panic spread from black swan events is much greater than greed.

ETH: Currently, 2,330-2,380 is the critical zone that needs to be taken quickly. If it can’t go up for now, a consolidation down is not a bad thing. Bears can defend at 2,330; any position below this can be shorted, with support levels at 2,268-2,233-2,197-2,170-2,140. If the negotiation collapses, these areas can only be used for the first panic rebound, making a V-shaped reversal unlikely. For upward targets, 2,380-2,417-2,460-2,505-2,540. If you want to buy low during the night session, keep 2,268 as a defense. It’s okay to gamble a little above this level; if it really breaks below 2,268, remember to exit to avoid risk. That’s all for now. It’s better to wait until the news sentiment becomes clearer to better determine the direction. #加密市场行情震荡 $ETH
ETH0.13%
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