April 17th, Thursday Hongding Trading Strategy:

Yesterday, Bitcoin and Ethereum should have been positioned without stop-losses, and there were slight gains. Today, let's get straight to the analysis.

Bitcoin has strong support at 83000, which has held multiple times. Despite the significant drop in the US stock market yesterday, Bitcoin remained robust. Currently, it looks like it is testing the bottom and rising again. So how should we view today? Personally, I suggest shorting on a rebound at 850-855, with a stop-loss at 865, and a target of 830-835, depending on the breakout situation below.

For Ethereum, enter short in the 1630-40 range, with a stop-loss at 1670 and a target of 1560-70.

Let's also give a strategy for Sol: enter short at 138, with a stop-loss at 140 and a target of 130-132.

The above strategies are for reference. Thank you all for your likes! Don’t forget our live session every night at 9 PM!!!! $BTC $ETH $SOL