4.17 Midday Analysis$BTC $ETH

The overall long-term cycle for Bitcoin still maintains a strong bullish structure. On the daily chart, the upward structure remains intact. In the short term, it has entered a technical pullback and consolidation phase, while the hourly chart is showing weakness with choppy price action as it repairs. No trend-reversal signal has emerged from the multi-timeframe convergence. This current pullback is just normal consolidation and a shakeout while the bulls are still pushing upward; it is not a sign that the trend has turned bad.
On the trading screen, do not blindly follow the trend and chase short or sell—risk is extremely high. Keep the core focus on the strong support range of 74,300–73,900. As long as this support is effectively held, the bull’s upward structure will not be broken, and a continuation of the rebound and upward move is still expected. If it effectively breaks below the 74,000 level, then view the extended downside pullback space accordingly.

Trading Suggestions
Buy in batches of Big Pie around 74,300–74,700, with targets at around 76,000–77,000

Buy in batches of Ethereum around 2,310–2,330, with targets at around 2,400–2,440