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March 2nd BTC/ETH Mishi Strategy
Bitcoin: After the event occurred, Bitcoin's liquidity was fully drained, and the capital influx was obvious. It directly recovered from yesterday’s冲突跳水 (conflict plunge) starting point, even reaching near the consolidation platform from February 26th. This platform had two days of consolidation without stabilization. So, the first time today it pulls back under pressure here is normal; consolidating chips actually indicates a higher outlook. Below, 65377-65950 is the plunge zone caused by the US-Iran conflict. Normally, if the bulls recover and reclaim this area, it shouldn’t be lost again, and it can be used as support. Resistance is at the 68000-69000 platform. The first target upward is 69000-71400, the second target is 71400-74400. Support below is at 64135-65377. If this is broken again, it indicates the recovery is invalid, and more severe events are likely to occur. Market sentiment will turn very pessimistic, possibly even breaking below 6. Operation-wise, first confirm the direction, then enter according to my support and resistance levels. (See the chart for details)
$BTC
Second Coin: Yesterday’s low-buy position at 1875 has been fully profitable. Tonight, I also provided the 1975 entry point for topping up and entering the market. Don’t be fooled by the small number of points; Second Coin is overall cheap, and a slight percentage increase can be quite profitable. Intraday, it also touched the 2038-2075 platform. This resistance was emphasized earlier. If it can’t break through, it will test the support at the 1940-1965 watershed area. Since the night session approached the 1965 level and rebounded, and as of now, it hasn’t stabilized. So, if in the early morning the price revisits and likely breaks below 1965, I recommend buying at 1912-1941 for a cost-effective entry. If the 1872-1912 range is also recovered by bears, market sentiment will be very pessimistic. The downside space is quite large. Overall, in turbulent times, don’t panic; use your emotions wisely and avoid being manipulated by them. (See the chart for details)
BTC-2,43%
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