June 20 BTC/ETH Míshén Strategy

On the news front, last night the largest-ever S&P 500 index options settlement was completed, with over $5.1 trillion in open interest smoothly absorbed, and the market did not experience the expected sharp volatility, which is a good sign.
Vance's press conference last night has also been implemented, and there are no new escalation signals in the US-Iran situation for now, maintaining relatively stable macro sentiment.
On-chain, ETH's largest short position "pension-usdt.eth" continues to take profits and reduce positions, with total liquidations exceeding $20 million, and the retreat of the big shorts is worth ongoing monitoring.
During the Dragon Boat Festival combined with the weekend, liquidity is relatively thin, so today's trading pace should slow down, mainly light positions, and wait for signals before acting.

BTC: The technical side shows a small double bottom pattern, and last night’s night session revisited the low point of 62,300 from the early morning of the 19th.
Currently, it has returned to the first resistance zone of 62,888-64,100 within the range, with weak liquidity during the holiday, and the upward target remains the continuation of the previous three major resistance zones.
In short-term trading, you can use the upper band of 64,100 as a defense to participate in high positions, or look for opportunities around 62,888 to buy the dip, aiming to confirm the double bottom structure.
The natural stop-loss is at 62,300. (See the chart for details)

ETH: Similarly, a small double bottom pattern was formed at 1,669.
The current technical cycle length is generally short-term, so it can only serve as a reference.
Therefore, breaking through 1,715 is not feasible directly, and short-term operations can be based on the small platform of 1,715-1,732 for short positions.
Buying the dip again at 1,669 is not cost-effective; it’s better to buy around 1,687 in advance, using 1,669 as a stop-loss.
Míshén personally prefers a deep pressure test, directly targeting a spike in the 1,607-1,669 range, which would be more comfortable for buying the dip. (See the chart for details)#美伊谈判推迟