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A new week has started, and this week is extremely critical. The time length is enough for consolidating and digesting the pressure levels. Whether it’s a mule or a horse, you lead it out for a walk—so you could say the long-vs-short battle is about to break out. This week, your strategy must closely follow “Mi God”’s approach.
July 13 BTC/ETH Mi God Strategy
BTC: The technical picture is clear and simple—do subtraction, and you can see the order book. The night session is still consolidating within the first range’s upper band and the second range’s midline, namely 64135-64800. In the early session, there was a pulse that bounced back after a sharp drop. As always, “a bounce-back is strength.” The more you bounce back, the stronger the longs; the more hesitant/weak the bounce-back, the stronger the shorts. At the time of this post, the short side’s bounce-back is clearly happening. So, looking according to the short trend, all short orders’ defense should be unified at 64400. If price rises above 644 during the day again, cut the position and exit. Current price also might be the “fake dump and wash” action the main force is doing at the pressure zone mentioned earlier. In short, the deception is relatively strong. As long as the entry position is good enough and the value-for-money rate is high enough, you can reduce the impact of the order-book moves. For low-buying, it’s recommended to wait for a clear signal before entering—either after breaking above the second range’s midline and then pulling back to fill shorts, or entering after a deep dip into the support area. (See the chart for specifics)
ETH: In the early session, the pulse box from 1825-1855 did not manage to fully hold above 1825 as of the time of this post. For the placement of orders, shorts should be executed using 1845—the high of the pulse—as the defense. Below that level, add shorts. For longs as well, it’s recommended to get on after a breakout above resistance and stabilization, followed by a pullback entry; or consider adding another ticket if it dips deep near 1755. The current level has relatively strong deception—both the consolidation and the early-stage distribution moves look similar. The key is good defense. (See the chart for specifics) #美伊战争阴云再起 $BTC $ETH