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🔥April 17th — Bitcoin Cash Public Strategy
Bearish momentum continues to deplete, and bullish stabilization and rebound signals are clear. The window for a steady layout is officially opening!
During the day, after the price retraced to the 2282.7 low, it quickly stabilized and did not continue falling. Instead, it repaired by relying on the support zone. The current price has moved back above 2340; the bullish defense pace is clear, and bearish selling pressure has clearly weakened! The 2300-2320 support range has been verified through multiple pullbacks, with sufficient buy-the-dip strength, laying a solid foundation for the following upside.
💥Steady signal confirmation:
Sustained low-level capital absorption continues to intensify, and the volume-backed stabilization signal is clear. This is not a short-term impulse rebound, but a sign that the bulls have taken control of the rhythm again.
The moving average system turns and repairs; the price is back near MA7 and MA30. The MACD indicator turns at low levels; bearish momentum is gradually converging. Signals that the trend shifts from weak to strong are forming, and the groundwork for the main upswing wave is being completed.
🎯Trading suggestions:
Go long following the trend. When the price retraces to 2300-2330, target 2360-2400.
$ETH #美伊局势和谈与增兵博弈