April 11 BTC/ETH Míshén Strategy:

Weekend main points: Islamabad time morning ( Beijing time afternoon ), the delegation will meet with Pakistani Prime Minister Shabaz as scheduled. According to the White House's previous release, the first round of US-Iran negotiations is also planned during this period, and the special envoy stated that the negotiation results will be clear within 24 hours. Míshén looked in many places but didn't see a specific timetable; stay tuned for real-time updates. Anyway, both sides are making tough statements before the negotiations—failure means risking everything! Failure will be met with double retaliation. The market is also waiting for the outcome; neither side dares to push aggressively for fear of collapse, nor to sell off for fear of peace. But after the meeting starts, some information will definitely leak out. At this level, we can't get first-hand info; just watch the market signals.

BTC: Currently, the bullish trend is intact and has reached a new high for this phase. It’s not willing to go further mainly because the news-related "boots" haven't landed yet. Both bulls and bears are holding steady. Watch for resistance near the upper boundary of the large box at 71,400-74,400. Support is at the 71,800-72,250 consolidation platform from yesterday; ultimately, the support is at the lower boundary of the box at 71,400. If the lower boundary is broken, it’s likely that the negotiation results are not optimistic.
Trading idea: Currently, going long is trend-following, but the difficulty is controlling costs; at high levels, it’s only a gamble on a breakout. If confident in your judgment, just click to chase longs. For short positions, refer to Míshén’s level chart: when you see signals at recent highs, add a short just below the recent high, using the high as a stop. Use this internal logic for trial and error. It’s recommended to wait for the news to clarify before adjusting positions.

ETH: The bullish trend is also complete; currently inside the pressure box at 2233-2268. The highest point of good news on April 8 was also here. Today, watch whether the price can break 2268; if it does, then look at the 2299-2330 area (which has been validated historically). Support is at 2215-2233 overnight, and if broken, look at yesterday’s and the day before’s consolidation platform at 2170-2200.
Trading advice: Bulls should watch for a pullback at support levels before considering adding positions (see diagram). For short positions, use the recent resistance as a stop, such as the nearby 2268, or wait until reaching 2299-2330 to participate in shorting. $ETH ‌#美伊停火协议谈判再生变故 #Gate广场四月发帖挑战