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May 16 BTC/ETH Mijin Strategy
Happy weekend, simple mode.
**BTC:** Support level at 78,500. When doing short, use this position as defense; look for upside space at 79,300-79,750-80,200. Gao Kong has two options. The first is that if you believe this platform has been moving sideways for a long time and must eventually fall, then use 79,500 as defense and short below this level. The second is to look for a rebound signal at 79,750-80,200 before shorting. The goal is to break 78,500 and then look for the lower large box space at 74,400-78,500. (See chart for details)
**ETH:** This is the same issue. If it only stops falling but does not rebound, then the default trend may still continue. During the day, watch these three small resistance zones: 2,233-2,250-2,268. If you want to short, you can use 2,250 as defense; the target is to break 2,197 to look for the space below. For low long, use 2,197 as defense, and add longs when price approaches just above this level—great cost-effectiveness. In a chaotic consolidation period, it takes time; even without a clear direction, you can still enjoy the weekend well. (See chart for details)#Gate广场五月交易分享 $BTC