May 13 Night BTC/ETH Misen Strategy


Today's intraday high-level thinking should have captured good value, whether it's Bitcoin, Ethereum, or altcoins like PEPE, all provided strong feedback. I still hope everyone maintains an overall perspective; mainstream coins and mainstream altcoins complement each other. Sometimes signals from independent assets can be confusing, but synchronized signals are more trustworthy.
Pay attention to three major news events: 1. The meeting of the two big brothers. 2. The new Federal Reserve Chair. 3. The U.S. monthly options expiration on May 15. These three events are significant and worth noting.

BTC: The early strategy was to defend below 81,700, using it as a safeguard. Proper execution can yield substantial value. Currently, the price has broken the 80,000 integer level, with the first support at 79,300 and the second support at 78,500. The current rate is a bit alarming; if the first and second supports can't hold, consider looking at the oversold core area of 76,666-77,300. I’ve marked these levels on the chart. When signals appear at these levels, you can try to catch the rebound, using the lower boundary of the box as a defense.
The bears didn't get an early entry with Misen during the day; jumping in halfway means just following the trend. Following the trend doesn't require much technical analysis. If you can pass the mental hurdle and accept the defense position, you can try to go in. (See the chart for details)

ETH: The early warning was that there was a chance to buy back below 2,330, using it as a safeguard. The risk-reward ratio is quite good, and executing the strategy should also bring significant gains. Currently, it’s testing the 2,233-2,268 range, which played a support role on May 8. If this support is broken, pay attention to the strong support levels at 2,170-2,200 and 2,140-2,170. (See the chart for details) #Gate广场五月交易分享 $BTC
BTC-1.07%
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