June 30 BTC/ETH Michael Strategy

News: The Don mentioned that Iran has voluntarily requested talks in Doha. Pay attention to whether there will be new developments. The previous memorandum was not implemented well. If a new agreement is reached, it may boost the market. Keep an eye on this content.

BTC: Still the familiar 60800 cannot be broken. Resistance above is 608-618, support below is the triple-tested area near 58500. Recently, it has been oscillating between resistance and support. Yesterday's morning low was 588, and I recommended using it as a defense for the long side to find room for repair. The night session did give the theoretical maximum space but failed to break 608, leading to another pullback and confirmation. In the near term, watch the support effect near 595. Still can use 588 as a defense to attempt. If 588 is lost, watch whether the triple-test zone near 580 can hold. If it fails to resist, be wary of acceleration downward to the 55800-50500 range, which is the large box for 2024. (See chart for details)

ETH: Congratulations to the longs for getting this morning's surge. Whether it is the entry position (the axis of 1533-1575) or the target position (1607-1639), everything can be executed strictly according to the strategy. Those interested can backtest it. Focus on the upcoming market action. The night session reached the target but failed to hold 1607. If it pulls back to confirm here, the core area below remains 1575. Considering that a lot of time was spent consolidating in the core area, if the morning spike is completely reversed by the shorts, it would be a weak performance. So you can try to see if there is resistance above 1575, with the defense level at 1575, and look for entry opportunities at 1585-1595. The target is to return to the 1607-1639 box. If it dips again to 1575, be careful of a new round of adjustments starting. Below that, there is still a large space of 1380-1475, which cannot be ignored. (See chart for details) #美伊冲突再升级 $ETH