June 9th BTC/ETH Míshén Strategy

Recently, the effectiveness of technical analysis has been highlighted, and the points mentioned in these days' tweets have been perfectly validated, which also indirectly indicates that market sentiment has eased, no longer following the irrational adjustment route like before. There are more opportunities to participate within the day, but one must not be complacent, strictly executing entry and exit strategies as well as defensive positions. Pay appropriate attention to the news side, and return focus to the market itself.

BTC: Yesterday’s tweet mentioned that after Bitcoin completed the first two resistance levels at 62,888-64,135-65,377, attention should be paid to potential pullback confirmation. During the late night, a pullback occurred according to the strategy. Today, focus on the possible levels for a second retest; if the second retest is confirmed, the larger timeframe can be viewed as a stage bottom, and the recovery target can be set higher. If the second retest performs poorly, it may weaken further or consolidate, and even break new lows is entirely possible. In summary, wait for the information from the second retest before making decisions, and do not scare yourself emotionally. There are two major support zones below: 59,500-60,800 and 60,800-61,800. Watch whether the second retest can reach these levels. The operation is simple: look for signals within these zones during trading, for example, if the 60,800-61,800 range gives a buy signal, add to the position, then defend with the lower boundary at 60,800. It’s recommended to pay attention to signals near the midpoint of the zone, as resistance usually prevents prices from directly touching the lower boundary. The near-term pressure remains unchanged; just watch the pink line segment along the way. To short, use the recent pressure line as a defense. (See the chart for details)

ETH: Yesterday’s tweet indicated that 1715 was confirmed as a high point in the early session. Throughout the day, it served as an anchor point to observe breakout effects. After multiple attempts to push higher failed, a correction was chosen, and now it has returned to the critical level of 1669. The current trend is a rebound from oversold conditions, with a focus on whether a pullback at resistance confirms the rebound’s validity. In terms of operation, watch whether 1669 provides support for a rebound. Without a second retest, a short-term rebound can be added, with 1715 as the defense. If it directly moves downward to find support (since the space for Bitcoin is larger), the core support for this rebound is between 1533-1575. A break below this could trigger panic. The key support levels above are 1575-1607-1639, which are good points for a second retest or bounce-back signals, and can be used during trading, defending with the lower boundary. (See the chart for details) #伊朗袭击以色列