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Night of June 24 BTC/ETH Mi Shen Strategy
BTC: A morning tweet suggested that only stopping the fall without fixing the issue is a major problem. The market moved to around 60800 as anticipated. Because there is a one-candle gap between this level and ETH, there was no meaningful rebound in the 608–618 range. So the target needs to be adjusted downward. Keep an eye on whether ETH will enter the 1575–1607 area; then when that happens, circle back to find BTC’s position. For left-side trial entries, 60200–60800 is still acceptable to try, using 59500 as the defense level for the left-side trial. For the right side, just watch the synchronization signals between BTC and ETH.
ETH: In the afternoon, around 1690, it was pointed out that adding rebounds was captured the value of this overnight adjustment. As expected, watch whether there will be an early show above the lower core support area. The ideal scenario is that after 1575–1607 shows a response, you go for the rebound toward 1575–1607; in the extreme case, a wick could spike up to the core support midline upper rail and then rebound from the 1550–1575 zone. In either case, if 1533 breaks, leave decisively. (See the chart for details.)