June 3rd early morning BTC/ETH Mishi Strategy

Time is tight, tasks are heavy. Tonight, the main focus is to clarify the original plan with everyone. This fully meets expectations, and the target position has been reached. Congratulations to those who entered the market early, but the real battlefield is just beginning.

Bitcoin: Yesterday’s unexpected correction directly reached the April starting zone, centered around 66,740-67,150. Those who have been paying close attention to Mishi should be familiar with this level. This is where the first stop-loss signal appeared; for now, trust it. If you missed the first entry, keep an eye on the second dip opportunity in this range. Defensive measures should be relaxed to allow for 66,700. Positioning in this range should be done in multiple entries because of high uncertainty. Always leave room for backup. After entering the main position, consider rolling over or adding more if the market moves as expected. The first resistance above is 68,300-69,000, and the second resistance is 69,800-70,400. If 66,700 breaks down, then the extreme zone at 62,880-65,400 from early this year will come into play. Going there tonight would definitely be a black swan event, with unpredictable magnitude. We only need to remember that we visited this zone earlier this year. The exact bottoming point is unpredictable for both of us. (See chart for details)

ETH: Recently, ETH has shown relatively strong resistance. Not sure if there are big players secretly selling behind Bitcoin, but ETH has indirectly maintained its ecosystem. Although it dipped again tonight, it’s within expectations, reaching 1,909. Yesterday’s tweet also marked the extreme touchpoint at 1,859-1,883. Looking back, the margin of error was very small, so the original plan is uncertain. Since a signal just appeared, trust it for now. Watch whether ETH makes a second dip below 1,859-1,883. A small trick with ETH: it often shows a lower second retest at major bottoms, which is characteristic of its behavior. So, a new low cannot be ruled out. The first resistance above is 1,940-1,965 (divided into two zones). If it surpasses 1,965, then look at 1,965-1,985-2,000 sequentially. Lastly, if 1,859 also fails tonight, that would be another black swan event. The resistance zone from early February at 1,772-1,825 will come into play. Since black swan events are unpredictable, all we need to know is that this is a zone. (See chart for details) #微策略出售32枚比特币