March 22 BTC/ETH Meme God Strategy

Middle East tensions escalate, can the strait remain open? Political actions surrounding the Strait of Hormuz continue. Technically, prices have retreated to last week's launch area. Can the bulls hold their stronghold? Let's look at today's strategy together.

BTC: Yesterday's strategy highlighted the bull resistance level at 70960-71400, which validated the old saying "consolidation prolonged leads to decline" – consolidation without repair is weakness. Early session dropped sharply due to events, touching the key watershed box's upper half at 67150-69000. Thus, intraday short-term support is at 68300-69000. If it can stop the decline, it forms a double bottom signal with the March 19 night session point. Whether the signal is effective depends on today's intraday recovery. If it returns to the 698-706 midline area of 69000-71400, we'll watch the double bottom repair afterwards. If it breaks through and heads to 67150, we should be more pessimistic and cautious.

ETH: Still our old friend 2038-2075 performing well. Meme God caught the first wave of rebound value here. Yesterday's post also suggested that with small probability events, you can boldly catch bulls in this area. This is a very critical area for the entire secondary coin from February until now and there will definitely be resistance. Currently testing the pressure box at 2100-2139. Support remains at 2038-2075 below. Operationally, bulls can establish positions at any level – refer to my point chart. $ETH ‌$BTC ‌