May 7th BTC/ETH Mishi Strategy

The short-covering plan hinted at last night is still successful.
Currently, we are constrained by the unpredictable news sentiment, so we need to learn to do less.
When there are no signals, don’t overthink; when signals appear, boldly verify.
Operate cleanly and decisively, making value-taking simple and effortless.
News sentiment: Last night, the atmosphere between the US and Iran became tense, and the market plunged accordingly.
Mishi believes this is because there is a strict requirement to reach a conclusion within 48 hours.
Negotiations will always try to pressure the other side before the result is out to maximize their own benefits.
So, the outcome is still uncertain.
In short, if the world peace holds, we can remain optimistic; if it worsens again, we should be pessimistic.

BTC: After reaching the target last night, a high-confidence signal appeared,
prompting everyone to short at 81,700.
The night session provided many entry opportunities, and we took full advantage of the value.
The intra-day trading approach remains focused on two zones:
The first horizontal zone is 80,750-81,700.
The second zone is 79,300-79,750.
If both are broken, then pay attention to the 78,500 support level, which must hold,
or consider the end of the correction.
The short entries are also near these zones for trial and error,
or enter on the right side after signals appear. (See the chart for details)

ETH: The price correction last night was weak.
The tweet suggested a rebound at 2,380 to short, but there was no significant attack on 2,380,
indicating internal panic among the traders.
Later, after a weak consolidation around 2,355, the price lacked support in the early session and broke below 2,330.
According to the opportunity, watch the 2,299-2,330 range,
and further down, key levels are 2,268, 2,233, 2,197, and 2,171.
(See the chart for details)

Focus on news developments within 48 hours. $BTC ‌#BTC回调 #Gate广场五月交易分享