June 23rd BTC/ETH Mi Shen Strategy

The technical outlook remains valid; congratulations to those who are following the rhythm.
On the news front, both the US and Iran have sent positive signals about reaching an agreement within the next 60 days, causing crude oil prices to retreat and global risk appetite to recover.
It is worth noting that analysis indicates the increasing correlation between Bitcoin and US tech stocks.
Under the background of continuous institutional capital inflows, the speed of transmission of geopolitical, interest rate expectations, and liquidity changes to the crypto market is accelerating.
Additionally, Circle has issued an additional 250 million USDC on Solana, and stablecoin liquidity continues to expand, which is a positive signal for market liquidity.
Overall, the external environment is neutral with a slight preference; proceed according to the plan.

BTC: The idea given in yesterday’s tweet was completely correct.
Bitcoin encountered selling pressure and pulled back during the process of moving from zone 2 to zone 3.
After reaching the upper boundary of zone 2 near 65,400, it started to adjust, currently retracing inside zone 1 seeking support.
Previously, it was mentioned to watch whether a double bottom pattern might form on a larger scale, which would allow for greater potential later.
The reversal zone for Bitcoin at the beginning of the month was 59,500-60,800.
In the oversold area on June 18th, it was 61,775-62,888.
Ideally, if a double bottom forms around 60,800-61,775, a very beautiful technical pattern will emerge.
Currently, the positive news has been exhausted, but the recovery effect is moderate.
Intraday, consider looking for short positions around the midpoint of zone 2 at 64,800, with the upper boundary at 65,400 as a stop-loss.
Be cautious with signals from the lower zone or refer to the point level chart in the image.
(See the chart for details)

ETH: The high-altitude strategy given yesterday was perfectly validated.
It indicated an entry opportunity between 1,755-1,791, with a high of 1,778 for entry, and the current price is 1,728.
Using 1,791 as a stop-loss offers a risk-reward ratio of up to 1:5.
Intraday resistance remains at 1,755-1,791.
Support levels are at 1,669-1,715.
The positive momentum has been exhausted, but the recovery is unusual.
Likewise, Mi Shen’s subjective speculation suggests the possibility of testing a large-scale double bottom.
Pay close attention to whether the price tests the 1,607-1,669 zone, as sometimes a break is necessary for a new start.
A deep retracement confirming support is effective, giving more confidence for upward movement.
The core support levels at 1,533-1,575 remain unchanged.
(See the chart for details) #美伊谈判第一轮结束 $BTC