4.17 Bitcoin/Ethereum Market Analysis and Strategy Reference

The current daily high price of Bitcoin has reached 85500, with a low of 83300. It has been in a high-level sideways consolidation for several days. This kind of box fluctuation has a large operational space, but frequent operations are not advisable, as too many transactions can lead to problems. Currently, MACD continues to expand upwards, with DIF and DEA spreading upwards from the low. After the Bollinger Bands have stabilized, the K-line remains above the middle track, with the upper track resistance at 87600. There are profit opportunities for long positions in the short term, but attention should be paid to the upward pressure, and shorting at the current market requires caution.

The flag pattern on the four-hour line is more pronounced, with the EMA fast line forming a support point at 83000. Combined with the contraction of the EMA trend indicator, the market shows a trend of top divergence, which should not be taken lightly. MACD continues to shrink, with DIF and DEA gradually contracting above the 0 axis. The Bollinger Bands are sideways, and the four-hour K-line tests the upper track at 85700 and the lower track at 83000. This repetitive wash trading can easily mislead judgment; investors should stick to their own plans and consider going long at support levels, ensuring proper risk control, setting stop-losses, and patiently waiting for returns.

Go long from 83800 to 83200, add to positions at 82800, set stop-loss at 82300, with targets at 84500 to 85000 and 85500

Go short from 87000 to 86300, add to positions at 87500, set stop-loss at 88000, with targets at 85500 to 85000 and 84500

For Ethereum, the upper resistance level can be shorted from 1620 to 1700, add to positions at 1750, set stop-loss at 1790, with targets at 1580 to 1500 and 1470

Go long from 1560 to 1500, add to positions at 1450, set stop-loss at 1410, with targets at 1620 to 1660 and 1700

I repeatedly remind everyone that investing in the cryptocurrency market requires a well-thought-out trading plan in advance. Once the plan is complete, execute strictly according to the plan and leave the results to time for verification. As long as these are accomplished, profits will likely follow. I wish everyone the best of luck in achieving substantial returns in the cryptocurrency market through scientific trading methods! #加拿大推出SolanaETF $BTC