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July 1 BTC/ETH Myson Strategy
A new month begins, wishing everyone a victorious start.
BTC: The major-level thinking still assumes the double bottom is valid. The current downward momentum and upward momentum are not particularly obvious, but historically it is at a relatively low level, so the risk-reward ratio for betting on the double bottom is slightly higher. The only key point for the double bottom to hold is that the neckline position must be repaired. Operation is very simple: use the latest low as a stop-loss, follow the trend to enter and test after the low appears, and exit if a new low is made. Even if this test triggers a stop-loss, there is no need to worry; it is part of the normal process. Last night's post indicated a liquidation level at 57640 below. The early morning low hit 57746, with obvious capital intervention. Assuming the liquidation has been completed, use this low as a stop-loss for operations. Find a position between 580-585 above this low to add longs. The upper targets remain 608-618-628. (See 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, always using the midline of 1550 as support, without testing the triple-support level. So the operation idea remains unchanged: since 1533 has not been triggered, it indicates support is valid. It is recommended to use it as a stop-loss for all long positions. More aggressive traders can use 1550 as a stop-loss, adding longs above this level to try again. The upper targets remain 1607-1639-1669 unchanged. For those who do not trust this, simply find a resistance level to add shorts. (See chart for details)#Gate完成141只股票股息派发 $ETH