April 26th BTC/ETH Mishi Strategy (Super Week is Coming)

A somewhat dull weekend is about to pass, and next week from April 27 to May 1 will迎来 a super central bank week and earnings report week. The Federal Reserve, Bank of Japan, Bank of England, European Central Bank, and Bank of Canada will successively announce interest rate decisions, while the US-Iran second round of negotiations will be held on April 27 after a pause. Is the recent trend about to brew a big move? Let's wait and see.

BTC: Technically, it has been lurking below 78,500 for a long time, with the nearby support zone at 76,600-77,300 also not yet tested to break. This area is only 2% away from the recent high. On the daily chart, the entire region from 78,000 to 83,780 is a waiting and repairing zone. Subjectively, I hope the entire ecosystem can shake off the impact of the October 11, last year's event. From a practical perspective, it’s still about taking one step at a time to go higher. First, see if 78,500 can break through; if it does, whether it can then trend upward to take down 79,500. Therefore, the short position is to enter within the 78,500-79,500 range, using the new high as a defense. Without considering other factors, just do the subtraction first. If you want to add positions to gamble on a breakout during the weekend, then use the weekend low of 77,000 as a defense, with the target naturally being the new high. Before clear news emerges, these two operations still belong to left-side trial and error. If you win, don’t be proud; if you lose, don’t be discouraged. Victory and defeat are common in trading. Before placing a trade, think clearly about your purpose, so you won’t be anxious during the process. (See the chart for details)

ETH: After weekend adjustments, the Sunday night session started to push for the 2330-2379 range. Last Tuesday, ETH and BTC had a positional difference; ETH spent more time digesting external factors. It’s reasonable to supplement the position here. During the night session, focus on whether the upper half of this range, 2355-2379, can be taken. If you want to gamble, aim for the 2379 resistance; conservatively, short at 2380 with 2400 as a defense. Aggressively, short below 2379, with 2379 as a defense. Currently, it seems that the missed opportunity was around 2300 during the weekend sideways accumulation. The first factor to consider when getting in is whether the defensive zone is acceptable. If you want to do a short-term long, use 2330 as a defense; if confident in a breakout, use 2299 as a defense. Calculate your risk-reward ratio yourself; if suitable, get in. (See the chart for details)