Strategy for BTC/ETH on the morning of March 13th

Night session: Iran breaking news "continuing to blockade the Strait of Hormuz", combined with BTC and ETH reaching resistance zones, causing wide-range fluctuations. We need to look beyond the surface and not be fooled by illusions.

BTC: The area below 71400 is a short-term resistance platform. The bullish target is to break through 71400 and open up the space to 74400 above. Intraday has made a deep retracement above 69000. Thus, support is set at 69000. If broken, it signals that this round of three attacks will fail, watch out for a return to the watershed zone of 67150-68300. The bearish strategy is to use 71400 as defense, shorting below this level, and exit honestly if broken. Bulls can try to add positions at 69300-69800, using 69000 as stop loss. (See chart details)

ETH: 2075-2100 is already a very clear resistance zone that urgently needs to be broken. Currently, the consolidation time is completely sufficient. Bulls have repeatedly failed to push higher, and bears have not opened down space either. Thus, bulls here are gambling on the breakout to find space above 2100. Bears are firmly defending the 2075-2100 suppression zone, trying to make bulls "exhaust themselves through repeated attempts and fall back". So here, bears should use 2100 as stop loss to enter the trade. Bulls have no position to build, recommend waiting for a breakout of 2100 before adding positions. Or wait for a deeper retracement later before adding longs. Please refer to my chart markings for details.

Trading Suggestions:
BTC:
Short: 70650-71400 resistance zone, place shorts in the zone, stop loss above 71400
Long: 69300-69800 light position low absorption, stop loss at 69000. Recommend looking for opportunities to add after breaking through 71400

ETH:
Short: 2075-2100 short-term suppression is obvious, place shorts in the zone, stop loss above 2100
Long: Gambling on breakout, no low absorption position, wait for a breakout above 2100 to look for opportunities to add positions