【April 17】Bitcoin / Altcoin Market Analysis and Strategy

After fluctuating for a few days, there was finally some movement yesterday—breaking below 73,600, taking a small step down, but then quickly pulled back.

The daily chart remains overall upward, but indicators are showing slight overbought conditions, and the upward momentum has weakened.
Below around 73,000 is a soft support; if it can't hold, it will go lower. Above around 76,000 is a minor resistance; if it can't break through, it will retreat.

The 4-hour chart is still in an upward channel, but momentum has diminished, and it’s oscillating and resting between 74,000 and 75,000.
The 1-hour chart shows a stalemate between bulls and bears—if it drops below 74,000 again, it will test 73,000; only if it stabilizes above 75,000 can it continue to surge.

The overall trend remains bullish, but don’t chase highs; wait for a pullback to enter.
As long as it doesn’t surpass 75,500 on the upside, consider deploying positions at higher levels.

In the short term, continue to use oscillation strategies, trading within the range—more stable than betting on a single direction.

April 17 Bitcoin Trading Strategy:
1. Buy near 73,500, protect at 72,200, target around 75,300
2. Short near 75,500, protect at 76,500, target around 73,500

April 17 Ethereum Trading Strategy:
1. Buy near 2,270, protect at 2,230, target around 2,370
2. Short near 2,365, protect at 2,410, target around 2,280