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Big Pancake Aunt Ethereum Evening Short Positions Take Profit, Continue to Rebound and Re-enter Short Positions at Highs in the Early Morning: 4/17
The market overall shows a V-shaped trend in the evening, rising from around 74,200 to about 75,200, then pulling back with increased volume to around 73,300, currently rebounding to about 74,800. The daily chart shows a shrinking bearish trend with a long shadow and a bearish candlestick, the four-hour chart shows increased volume with a long-shadow doji candle, and the hourly chart shows a shrinking volume rebound with a doji candle.
Analyst Xiao Ma's Daily Trading Advice:
Big Pancake around 75,000-75,500 short, target around 73,800-72,800.
Aunt Ethereum around 2,350-2,370 short, target around 2,290-2,260.