July 1 BTC/ETH Mide Strategy

A new month begins, wishing everyone a victorious start.
BTC: The larger-scale assumption remains that the double bottom is valid. At the current position, neither downward nor upward momentum is particularly evident, but historically it is at a relatively low level, so the risk-reward ratio of betting on a double bottom is higher. The only key to a successful double bottom is that the neckline must be repaired. The operation is very simple: use the latest low as a stop loss, enter on a dip following the low to test, and exit if a new low appears. Even if such a test triggers the stop loss, there is no need to worry—it is a normal expected outcome within the strategy. Last night's post indicated a liquidation level at 57,640 below. This morning, the price touched 57,746 at the low, with significant capital inflow. Assuming the liquidation has been completed, use that level as a stop loss, and look for entry points between 580-585 above this low to add long positions. The targets above remain 608-618-628. (See the chart for details.)

ETH: To reiterate, the technical picture for ETH is very clear. In recent days, it has been consolidating around the core support zone of 1533-1575, consistently using the mid-axis 1550 as support, without testing the third support level. So the strategy remains unchanged. Since 1533 has not been triggered, the support is effective. It is recommended to use it as a stop loss for all long positions, or a more aggressive approach would be to use 1550 as a stop loss, and add long positions above this level for another test. The targets above remain 1607-1639-1669. If you are not confident, simply look for resistance levels and add short positions. (See the chart for details.) #Gate完成141只股票股息派发 $ETH