The weekend consolidation broke through with direction in the early morning today. The major trend has not concluded. Remember the ultimate targets for this round mentioned by 米神 earlier: Big pie: 71400-74400-78500. Small pie: 2100-2270-2359. Hope everyone remembers these levels. Even if this round doesn't reach them, in any future surge, we can't bypass these levels. This is 米神's confidence.
BTC: Currently at the 72300-73000 resistance zone. At this level, small-scale short attempts are possible, but don't be greedy. Use 73350 as the defense level. On the major trend, I'm bullish. Short positions here are purely for favorable risk-reward ratios, betting on not breaking above Friday's high too quickly. If it dips, watch for opportunities near 71400 during the day to add longs. The first target for long positions is Friday's high of 73800, then proceed according to the major targets.
ETH: Starting to challenge Friday's high near 2208. There's still sufficient upside room. For short positions, the first recommended level is 2257-2314. The first and second are 2330-2379. These are entry levels for shorts and target levels for longs. For longs intraday, watch for opportunities to add around 2139. If no dip is given to add, then look for the pullback confirmation position after breaking through 2200 before entering.
March 16 BTC/ETH米神Strategy
The weekend consolidation broke through with direction in the early morning today. The major trend has not concluded. Remember the ultimate targets for this round mentioned by 米神 earlier: Big pie: 71400-74400-78500. Small pie: 2100-2270-2359. Hope everyone remembers these levels. Even if this round doesn't reach them, in any future surge, we can't bypass these levels. This is 米神's confidence.
BTC: Currently at the 72300-73000 resistance zone. At this level, small-scale short attempts are possible, but don't be greedy. Use 73350 as the defense level. On the major trend, I'm bullish. Short positions here are purely for favorable risk-reward ratios, betting on not breaking above Friday's high too quickly. If it dips, watch for opportunities near 71400 during the day to add longs. The first target for long positions is Friday's high of 73800, then proceed according to the major targets.
ETH: Starting to challenge Friday's high near 2208. There's still sufficient upside room. For short positions, the first recommended level is 2257-2314. The first and second are 2330-2379. These are entry levels for shorts and target levels for longs. For longs intraday, watch for opportunities to add around 2139. If no dip is given to add, then look for the pullback confirmation position after breaking through 2200 before entering.