July 15 BTC/ETH Mi Shen Strategy

Mid-summer situation: Obviously further escalation. The TSZ (special envoy) discussed a larger-scale offensive against Iran, but the market has shown a clear de-sensitized reaction. The probability of a July rate hike from the Fed has dropped to 16.6%, with an 83.4% chance of staying unchanged. We are currently in a bullish-but-relatively-loose phase.

BTC: After yesterday’s good news pushed price to catch up, the DT (main trend) has not changed significantly. It is currently parking and resting in the upper part of the second range. Still, look for opportunities to fill the gaps. First, watch the support at 64,100. If price reclaims the mid-axis of the first range, 63,400 to the upper band 64,100, that would be a very good gap-filling (补哆) spot. If it breaks below 62,888, then it would retrace/replicate all of last night’s entire rally, and then you have to watch for a reversal of the short-term trend. For downside (高箜), use the recent pressure levels as defense—for example, the recent pressure is the upper band of the second range at 65,400. (See the chart for details.)

ETH: After the second “buns” broke out of 1,825–1,855, it set a new high. During the night session, it met resistance at the integer level of 1,900. So for intraday high-shorts, use 1,900 as the defense uniformly. If it breaks to new highs, don’t consider whether it’s a real or fake breakout—if your left-side (earlier entry) analysis is wrong, you must be decisive. For gap-filling (补哆), below 1,825–1,855 is a level to pay attention to, and also 1,790–1,825. Subjectively, entering around 1,825 is the best; of course, the lower it goes, the better the value-for-money. The key is: don’t break 1,790, otherwise it would be the “high gap” (箜头) retracing the entire yesterday’s rally, and you need to guard against a trend reversal. (See the chart for details.)#Gate现货增速全球第一 #百万充值补贴 $BTC ‌