May 15th BTC/ETH Mishi Strategy

Things have been going too smoothly lately, so a cooling-off period is needed. Currently, there are no clear news developments, mainly focusing on the Federal Reserve changing its leadership, and seeing what cooperation agreements are signed during the NO1 meeting. Also, watch out for the potential reconciliation between the US and Iran, which could be a hidden positive factor.

BTC: A significant correction appeared during last night's trading session, directly reaching the 81,700 level, just a step away from the previous high of 82,788. Pay attention to how it reacts around the 80,000 integer level today to determine whether this is a fleeting moment or a genuine rebound. Therefore, consider adding positions here, with a stop-loss at 79,300. For short positions, use 81,700 as the stop-loss. The closer to this level, the more you can try, and if it breaks through, there's no need to hold on; respect the market’s performance. (See the chart for details)

ETH: Recently, it has been dragging behind, with Bitcoin reaching the high point threshold. Meanwhile, ETH remains lukewarm, not even breaking the lower boundary of the 2,330-2,380 range. Of course, there’s still a possibility of a rebound from ETH later, similar to last year when it took a long time before surging to 4,000. During the night session, ETH was suppressed below 2,330, and after losing 2,299, it has not risen again. Today’s key levels are 2,299-2,330, with support at yesterday’s low of 2,233. If it breaks below, look toward 2,139-2,170. Currently, the market remains chaotic with no clear direction. Good entry points can be considered when opportunities arise. (See the chart for details)#Gate广场五月交易分享