On April 17, 2025, the market has been operating near the middle track for the 6th day, with increasingly smaller fluctuations. First, let's see if BTC $BTC can break through the 85053 level in one hour, and if it can break through 85500 in four hours. It has been operating above the middle track in four hours. Based on today's candlestick, the possibility of a false breakthrough is relatively high. We will wait for opportunities to appear for averaging down; currently, the high position fluctuation is mainly to attract funds to enter the market.

Today, BTC fluctuated, but most altcoins are still mainly declining. We should first observe and wait for BTC to stabilize and move upwards before building positions, which is a bit steadier. At least the intensity of the retracement will be smaller, and losses will be within a controllable range.

In the current market situation, the most important thing for us is to control our positions well, to act less and observe more, and not to hang all our positions halfway up the mountain where we cannot move at all. I hope the daily analysis will provide some help for everyone's trading.