March 22 Evening BTC/ETH Rice God Strategy

The dispute between Iran and the US regarding the strait continues, with both sides' conditions appearing difficult to accept. The market is also concerned about negotiations breaking down leading to another conflict. Don't worry too much about news-related matters, as they're beyond our control anyway.

BTC: Early session rapidly tested lows, then attempted to rebound and repair the lower half of the 69000-71400 range. Unfortunately, resistance is too strong, and bears subsequently broke through 69000. The good news is that by publication, there hasn't been significant deviation from early lows. If a double bottom pattern forms, the key to whether it holds is whether price can stabilize within the 69000-69500 small consolidation box. If it holds here, we can view the 698-708 thousand-point space through a double bottom rebound logic. The above is the logic and thinking for long positions. For short positions, the overall environment is bearish, so entry points can be more flexible. Simply open shorts on rebounds to resistance levels and maintain proper stops (see chart for specifics).

ETH: Early session touched 2038-2075 long stronghold then rapidly rebounded. Constrained by 2139 resistance, it failed to continue and subsequently pulled back to the 2038-2075 area. So currently this is a pivot point for long/short reversal. If this stronghold breaks down, support below is seen at 2000-2015. During night session, pay attention to whether there's resistance attempt from the stronghold or if it extends to the next support platform. The 2038 and 2000 consolidation lower rails have decent risk/reward ratios and profit/loss comparisons; you can attempt to participate in these low-long opportunities. Shorts can choose slightly looser positioning; if highs don't pull back, it's difficult to participate in high shorts. $BTC ‌$ETH ‌