March 13 Early Morning BTC/ETH Rice God Strategy

Night Session: Iran sudden news "continuing blockade of Strait of Hormuz", combined with BTC and ETH running into resistance zones, causing wide-range fluctuations. We need to look past the phenomena to see the essence, and not be deceived by illusions.

BTC: The area below 71400 is short-term resistance platform. Bulls target breaking through 71400 to open space up to 74400. Intraday made deep pullbacks above 69000. Thus we set support at 69000. If broken, it signals the third attempt of this rally has failed, beware of returning to the watershed zone 67150-68300. Bears' idea is to use 71400 as defense, shorting below this level, exit honestly if broken. Bulls can try adding at 69300-69800, use 69000 as stop loss. (See chart details)

ETH: 2075-2100 is already very clearly the pressure zone that urgently needs breaking. Currently the consolidation time is more than sufficient. Bulls attack repeatedly but can't get above, bears also haven't pushed down space, so bulls here are betting on breakout to find space above 2100. Bears stubbornly defend the suppression zone 2075-2100, trying to let bulls "fail from repeated attempts and collapse". So bears short here using 2100 as stop loss to enter, bulls have no position so suggest waiting for breakout above 2100 before adding longs. Or add after subsequent deep pullback. Refer to my chart markings for specifics.

Operation Suggestions:
BTC:
Short: 70650-71400 resistance zone, place pending shorts, stop loss above 71400
Long: 69300-69800 light position bottom fishing, stop loss 69000. Recommend adding after breaking 71400

ETH:
Short: 2075-2100 short-term suppression obvious, place pending shorts, stop loss above 2100
Long: Bet on breakout, no low-buy position, wait for breakout above 2100 to add position.