April 8 BTC/ETH Misen Strategy

Congratulations to everyone who followed the buy-the-dip strategy and got to “eat meat”!! You successfully called the Iran-U.S. ceasefire! All the logic is in the previous tweets—if you’re interested, go back and review it; it will definitely be of great benefit to you.

With the Iran-U.S. ceasefire, the dust settles. For judging what you expected, that’s the value you can get. The agreement is only short-term for two weeks; what kind of agreement can be reached within these two weeks is the next stage of expectations.

BTC: Riding on the positive news, it completed a box-range repair from 69,000 to 71,400, and pushed up to the next level inside the box-range of 71,400 to 74,400. So within the day, it may pull back to confirm the upper support of the lower box-range in the 70,600 to 71,400 area. The target is to expand the highs upward along the rhythm of 723-730-739-744. The idea here is to judge how optimistic the market is about the resolution: since the news is scattered and there’s still some information about mutual attacks, it’s recommended to either dip back around 706 or add positions there. Between major countries, it shouldn’t be so lacking in credibility. For short positions, just look for the resistance level to enter and try it.

ETH: Benefiting from the positive news of the resolution, it reached the 2268 level. Near-term support is at 2171-2197-2215. These three levels form two box-range intervals—this is the place to consider “adding positions and making it count” (adding the orders) . For short positions, it’s the same: look for the resistance level on my chart to try, and place the defense (stop) at the next resistance level.

All the plotted levels in the chart are valid for the long term. Dashed lines are generally for reference, and the bold solid lines have all gone through long-term market verification.