July 22 BTC/ETH “Mi Shen” strategy

I woke up after a nap, and chip stocks went “crazy” again. In the night session, US stocks collectively rose. Storage chips have once again returned as king. With Morgan Stanley’s institutional endorsement + SK Hynix senior executives’ statements + real South Korea export data all landing as triple positives at the same time, a resonance-driven, violent rebound formed on both the sentiment and data fronts. The key test is how sustainable it will be.

BTC: Congratulations to Duo Tou for successfully taking down the upper band target at 66,740. In this rebound, “Mi Shen” has consistently emphasized three ranges and three targets. You don’t need to consider other factors at all—stay locked on the three major ranges, use the upper band and lower band, and this rebound can capture abundant value. Now that the target has been achieved, what needs to be considered in terms of positioning structure is whether to take profit and stop or press on to open up upside space. This kind of divergence needs time.

Let me share “Mi Shen’s” subjective judgment: Big pie is moving along a trend to reach this level. If you consider a trend reversal, there are only two scenarios. ① After the market accelerates, it quickly reverses—the focus is the sequence of acceleration—needle (spike)—and re-absorption/engulfing. This kind of move has a clear impact on sentiment. ② At the pressure position, it forms a long horizontal platform to digest Duo Tou’s patience, and under a slow platform, acceleration downward appears. Currently, neither of the two signals has fully appeared, so in terms of trading, it’s still necessary to be cautious. What you’re really betting on is certainty (the odds-to-value ratio).

Trading plan: For the short-term high short, you can use 66,900 (night session high) as defense. Participate near 66,700. The target is to seek the opportunity in the second range to the downside. If Duo Tou wants to add more positions, either (1) after breaking 66,700, follow through and chase the rise, or (2) pull back to the area below and wait for a signal before entering again—stay patient. (See the chart for details)

ETH: Yesterday already broke the new high since June. Currently it is still consolidating sideways around the July 15 platform. This kind of sideways movement is healthy, because there are internal disagreements in the positioning that need to be digested. Here, it has the basic conditions for a short-term double top. But in terms of trading, I only recommend short-range trial-and-error. If things go wrong, you must exit immediately. For defense, you can set it at 1,955. In short, if it breaks the new high, exit first. If you trade against the trend, you need to recognize your mistake in time. For adding more positions, watch for signals in the 1,880–1,900 area. (See the chart for details) #特朗普同意Clarity法案纳入伦理条款