April 10 BTC/ETH Miken Strategy


Will March CPI explode?! The U.S. may experience the month with the sharpest price increases! The final answer will be announced at 20:30 Beijing time. Focus closely!

BTC: The night session's big pancake correction has reached a new high for this phase, but my support is not obvious, including the second pancake and altcoins, which haven't kept up with the rhythm. We need to wait for market synchronization. The phase target is to break through the large box of 71,440-74,400, which is divided into three smaller boxes (see the specific level chart). In the near term, watch the resistance at 72,280-73,000. It is recommended to try light positions around 72,650 to add on dips, using 73,000 as a stop-loss, betting on continued selling pressure. The larger timeframe still favors the performance of the Doudou. Those who do not want to go against the trend can choose to wait for a pullback to add positions, or buy on a breakout and retest. The high rebound and pullback range is not good for adding Doudou halfway.

ETH: Yesterday during the daytime, the platform consolidation supported the price to surge above the starting platform, specifically after consolidating in the 2170-2197 box, it pushed up to the breakout platform of 2233-2268. At 6 a.m., the testing attempt faced heavy selling pressure, and the price returned to the consolidation box. Today, watch whether it will attempt to retest the resistance again; if the second attempt fails, combined with weekend factors, the market may continue to fluctuate within a wide range. Pay attention to the CPI data at 20:30 tonight. In the short term, it is recommended to short around 2215-2233, betting on continued selling pressure. For a dip, observe yesterday’s box performance; compared to the first retest, the risk-reward may not be as high, so continue to watch the 2139 level. The oversold area remains between 2102-2139, providing opportunities for low buying to ride the wave. $ETH @米神策略 #Gate广场四月发帖挑战
ETH0.24%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin