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May 31 BTC/ETH Mí Shen Strategy
End of May, start of June. The first half of the second half of the year is worth giving it your all.
Regarding news, the framework of the agreement between the US and Iran has already been released, but the content still needs modification; both sides are habitually tugging, so just stay tuned here.
BTC: The platform is gradually moving upward, which is a good sign.
Today’s focus remains on whether it can successfully break through 74,400.
After breaking through, there is a large box zone above at 74,300-78,500, which I have marked on the chart.
The first resistance zone is 74,800-75,500.
If there is a pulse into this area, it’s the first attempt at a high point, with a defense set at 75,500.
Further up is the long-term consolidation platform from two weeks ago at 76,600-77,300,
and finally, the upper band at 78,500 facing resistance.
Take it step by step.
For those wanting to buy the dip, first confirm the support zone.
Currently, support has been confirmed after recent sideways consolidation at 72,200-73,000.
If you want to chase a breakout at 74,400, then use 73,550 as a defense.
A proper setup for an early move to gamble on a breakout. (See chart for details)
ETH: Looking back, Mí Shen’s 1965 position is precise down to the units.
Previous resistance is very clear at the familiar zone of 2,038-2,055-2,075.
Those with a bullish outlook can try to see if they can pass this hurdle.
For a short-term buy, look for opportunities around 2,055-2,075.
Support level in the near term is at 1,989-2,015 on this platform.
If you want to chase a breakout, use the 2,000 round number as a defense. (See chart for details) #美伊谈判博弈