May 19th BTC/ETH Miken Strategy

Today is an important day in the history of the crypto world, commonly known as the 5/19 Memorial Day. Those interested can look into it.
The night session in the US canceled the original strike plan, and the market is迎来 a rebound opportunity.
Currently, the news sentiment is heavily influencing the market, so continue to watch the final negotiation results between both sides, and also pay attention to what policies the new US Treasury Secretary will implement.

BTC: During the night session, the price stopped falling near the middle of the large box at 74,400-78,500, around 76,000.
The natural goal for the intraday correction is to attempt to push towards the upper boundary of 78,500.
Yesterday’s sideways range was between 76,666-77,300, and it has not fully broken through this box yet.
It is recommended to add positions near the lower boundary of 76,666 to test the easing of the relationship, with a stop-loss at the night session low of 76,000.
Due to the easing of news sentiment, it is advisable to attempt near 78,500 at higher levels, or after creating a new low, to add positions in line with the trend, aiming for the lower boundary of the large box at 74,400 to find value space. (See chart for details)

ETH: During the night session, it still touched the familiar threshold of 2038-2075.
Combined with news sentiment, a rebound appeared, and intraday just needs to verify this rebound signal.
Yesterday’s early morning low and the early morning low today temporarily form a double bottom.
Yesterday’s sideways range of 2100-2120 was broken and then recovered again.
The key point for verification is whether this range can hold; if it fails, watch out for a return below 2075.
The target for intraday correction is at 2139-2171 and 2171-2197.
Due to the more neutral news sentiment, it is recommended to wait until reaching the target levels before entering a position. (See chart for details) #加密市场下跌15万人爆仓 $ETH