March 16 BTC/ETH Mi Shen Strategy

The consolidation over the weekend broke through to a directional move in the early morning today. The major trend hasn't concluded yet. Remember the ultimate targets Mi Shen mentioned earlier for this round - Big Pie: 71400-74400-78500. Second Pie: 2100-2270-2359. Everyone should memorize these levels. Even if we don't reach them this round, no matter which subsequent attempt happens, we can't avoid these levels. This is Mi Shen's confidence.

BTC: Currently at the 72300-73000 pressure level. At this level, you can try shorting on the smaller timeframe, but don't be greedy - use 73350 as your stop loss. On the major trend, I'm bullish. The short positions here are purely for favorable risk/reward ratio, betting on the chance that we don't break through Friday's high point so quickly. If it dips, watch for potential opportunities to add longs near 71400 intraday. The first target for long positions is Friday's high of 73800, then follow the major targets.

ETH: Starting to challenge Friday's high near 2208. There's still sufficient upside space. Recommended short entry levels are first 2257-2314, second and third 2330-2379. These are also the target levels for longs. For long positions, watch intraday to see if there's a chance to add positions near 2139. If that opportunity doesn't present itself, then look for a pullback confirmation after breaking through 2200 before entering.