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July 6 Night BTC/ETH Mith Strategy
Good evening, rice noodles. The trend is in line with expectations, as the previous resistance levels were very clear. If they couldn't break through, they would pull back to find support. In tonight's post, I need to remind you of a few points. First, BTC and ETH have once again developed a positional difference, which is the common sign of asynchrony. Therefore, you should be more cautious when going long, and pay close attention to the synchronization signal.
BTC: Bitcoin has already tested the support/resistance zone of 60,800-61,800. Considering the positional difference with ETH still exists, the entry point should be more conservative. It is recommended to move down to the mid-axis of the 59,500-60,800 range for a more cost-effective long entry, i.e., boarding near 60,250, with defense at the lower rail of 59,500. Of course, if you have already entered at 60,800-61,800, you can exit anytime now, or set the defense at the lower rail of 60,800 and let the system trigger automatically. In short, don't worry too much about the market movements. Reduce personal speculation and let the system automatically filter out some emotional fluctuations. (See the chart for details)
ETH: Currently, the specific manifestation of ETH's positional difference is that it hasn't yet reached the 1,669-1,715 range. If the night market gives this level, still follow the plan: use the lower rail of 1,669 as defense, find the mid-axis of the range to add long positions, and at the same time pay attention to the synchronization signal from BTC. If you want to add short positions, look for opportunities near 1,755, with defense at 1,775. There is still some room here. (See the chart for details)
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