May 23 Night BTC/ETH Mishi Strategy

Today is Saturday, but the volatility is not small at all. The morning tweet updated everyone on the left-side support zone, and the night session perfectly verified Mishi's judgment. Those who read the tweet should be able to grasp it. Mishi always strives to clearly explain the levels and logic, so the article is a bit longer. Thank you all for patiently reading and supporting Mishi, because you are my motivation to keep updating.

BTC: The morning tweet indicated support at the lower boundary of the large box at 74,400. As of the time of writing, there is still about 1% room. The near-term resistance is around 75,500-76,000. Going higher, it’s the long-term sideways box at 76,666-77,300. Once broken, it turns into resistance. The operation is simple: if you want to short in the resistance zone, add to your position; use the upper boundary for defense, for example, if you don’t expect a recovery around 75,5-76,0, just defend at 76,0. Similarly, if you didn’t add support at 74,400 in the afternoon, chasing now might have a lower cost-effectiveness. You can see if it will return to the 74,400-74,900 zone for a second confirmation. If a second confirmation occurs, defend at 74,400. The morning also indicated that if Bitcoin unexpectedly drops to the lower large box at 72,250-73,000, it’s recommended to accept panic chips, with a defense at 71,400, which offers a good risk-reward ratio. (See the chart for details)

ETH: The point level chart attached to the morning tweet marked the oversold zone and indicated that it’s possible to buy dips. Ideally, buy at 2007 with a defense at 1989. So far, it’s at 2045, and the profit-loss ratio of 18:38 is very cost-effective. Of course, this requires good personal operation skills, but the zone has already been filtered for everyone. After all, the morning tweet was updated at 9 am, and the position was given at 3 pm. Watching the night session is also simple: return to the familiar 2038-2075 zone. Currently, pay attention to whether the 2055 midpoint can hold. If it does, look for opportunities to buy dips in the 2055-2078 range, with a defense at 2078. If you missed the initial support, it’s a bit difficult to jump in halfway; see if there’s a chance to buy back in the 2015-2025 zone later in the night, with a defense at the intraday low of 2007. (See the chart for details)