April 25 Night BTC/ETH Mishi Strategy


A calm weekend, which can be viewed as the calm before the storm. On April 26-27, both delegations will hold a "relay" style of talks. Mishi also just heard of this mode for the first time, which means A and B discuss, then B conveys to C for further discussion. I personally hold a conservative attitude towards this indirect negotiation, and I am waiting for clearer news to determine the direction.

BTC: The technical aspect is very clear now. The near-term resistance is at 78,500, with support below at the 76,650-77,300 range. Currently, it is oscillating narrowly between these two levels, waiting for the news to settle before pushing the trend in a chosen direction. Key possible movements to watch for include: first, a direct breakout—if positive news comes out, a sharp rise can be expected, and riding the trend is sufficient. Second, near the news release point, the market may initially reverse sharply (commonly called bull trap or bear trap), then move in the correct direction. Overall, for this kind of reaccumulation and consolidation, once an agreement is reached, the potential space is very large. Participants should not follow the market fluctuations emotionally but must have the resolve of "Mount Tai collapsing without changing expression." (See chart for specific levels)

ETH: Near-term resistance is in the 2330-2380 range, with support below at 2268-2300. It is also oscillating narrowly within this range. The same two possible scenarios should be guarded against. If you want to try your luck, you can set some entry points at key levels or take a break, but be sure to pay attention to the news event nodes and not be deceived by short-term calmness. (See chart for specific levels)
ETH-0.57%
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