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June 13 BTC/ETH Míshén Strategy
Recent low-delta strategies have been operating very well, and the technical effectiveness is also very good. Don't underestimate the value that can be gained in a choppy market; it is not less than the space in a large trend.
On the news front, the US and Iran are expected to reach a historic reconciliation, and a draft memorandum of understanding has already been circulated. The key point is to watch when the signing can take place.
BTC: It has now stabilized above 62,880, which is a good sign. The near-term focus is on whether the three major resistance zones can be repaired. The first resistance zone has been broken through. Use 62,880 as support during the day, and then look at the larger zones of 64,150-64,800-65,400-66,700.
In terms of operation, all strategies can participate. The news has eased somewhat, and Míshén's subjective view is hoping for a repair. If the repair is strong, it’s possible to see a sharp drop followed by a big rally. Historically, major repairs often involve a shakeout action, so keep this in mind. (See the chart for details)
ETH: It is weakening and consolidating around the 1669 level. The previous target is clear: the high point of this repair cycle at 1715. Support below is at 1639. The sideways range is quite volatile; participate cautiously in your preferred direction. Study the price levels more carefully, as it will give you good ideas.