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April 9 Night BTC/ETH Míshén Strategy
There will be US CPI data tomorrow noon, worth paying attention to. Other verbal battles don't require much analysis; the intraday trend is also forming a weak consolidation.
BTC: The morning tweet indicated an intraday target of 71,440. Currently, the price has touched this level but has not stabilized. The current trend remains in a sideways pattern, indicating that the direction is still unclear. For swing trading, consider shorting the upper boundary of the 70,600-71,440 range and going long at the lower boundary, with a breakout to exit. For those who dislike swing trading, look for opportunities to go long near 69,800-70,600. For short positions, look for opportunities around 71,800. Refer to the support and resistance level chart for other points.
ETH: The higher-level resistance of 2,139-2,171 has been broken and turned into support. Today, the price just touched the upper boundary of this support zone at 2,171 and stopped falling. Intraday, it moved within a consolidation range of 2,171-2,197. The range is mainly about whether the upper or lower boundary can be broken. Swing traders should short at the upper boundary and go long at the lower boundary, exiting on a breakout. If the upper boundary is broken, watch the 2,197-2,215 range; if the lower boundary is broken, naturally, focus on the 2,139-2,171 zone. For other points, please refer to the level chart. $ETH