April 10 BTC/ETH Mishi Strategy

Will March CPI explode?! The United States may face a month with the highest inflation rate! The final answer will be announced at 20:30 Beijing time. Focus your attention!

BTC: The night market added large positions and recorded a new high in this phase, but support from small players is not clearly visible, including both markets and altcoins unable to keep pace, waiting for synchronized market movement. The medium-term target is to dominate the large range of 71440-74400, divided into three smaller ranges (see specific level chart). Watch the pressure near 72280-73000, it is recommended to try light long positions around 72650, use 73000 as a defense, and stay alert for continued selling pressure. The major levels remain optimistic about Dota's performance. For those who do not want to fight the trend, you can wait for a dip to add positions, or wait for a breakout and retest to add positions, because the upward-downward consolidation area is not suitable for sudden position increases.

ETH: Yesterday afternoon, consolidation occurred on the platform, supporting the price to push upward from the support level, seen from consolidation in the 2170-2197 range, then breaking above in the 2233-2268 range from the support platform. At 6 a.m., the market attempt experienced heavy selling pressure, and the price returned to the consolidation range. Today, watch whether there will be a second attempt to test the pressure; if it fails, and considering the weekend factor, the market may move within a wider range. Pay attention to the CPI data at 20:30 tonight. For the short term, it is recommended to take short positions around 2215-2233, anticipating continued selling pressure. If you want a long position, observe yesterday’s range performance, as the first correction may not be very profitable, keep an eye on the 2139 level, with oversold areas remaining at 2102-2139, offering opportunities to buy back gradually.#GATESQUAREAPRILPOSTINGCHALANGE