# March 13 Early Morning BTC/ETH Rice God Strategy



**Night Session:** Iran sudden news "continue blockade of Strait of Hormuz," combined with BTC and ETH running into resistance zones, resulting in wide-range oscillations. Here we need to look past the phenomenon to see the essence and not be fooled by illusions.

**BTC:** The area below 71400 is short-term resistance platform. Bull target is to break through 71400 and open up space to 74400 above. Intraday made deep retest above 69000. So support is set at 69000. If broken, it signals this round of three attacking attempts will fail. Watch out for falling back to watershed area 67150-68300. Bear thinking is to use 71400 as defense and short below this level, exit honestly after breakout. Bulls can try 69300-69800 to add position, using 69000 as stop loss. (See chart for specifics)

**ETH:** 2075-2100 is already very clearly the urgent resistance zone to break through. Currently consolidation time is completely sufficient. Bulls repeatedly failed to attack above, bears also didn't create downside space, so bulls here are betting on breakout to find space above 2100. Bears are holding firm at 2075-2100 suppression zone, trying to make bulls "exhaust repeatedly and fall back." So here short would use 2100 as stop loss to enter, bulls without position suggest waiting for 2100 breakout before adding. Or add after subsequent deep retest. Please refer to my chart annotations for specifics.

**Operation Suggestions:**

**BTC:**
- Short: 70650-71400 resistance zone, zone entry, stop loss above 71400
- Long: 69300-69800 light position low absorption, 69000 stop loss. Recommended to find opportunity to add after 71400 breakout

**ETH:**
- Short: 2075-2100 suppression obvious in short term, zone entry, stop loss above 2100
- Long: Bet on breakout, no low absorption position, find opportunity to add after 2100 breakout
BTC-0,34%
ETH0,02%
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