4.17 Morning Silk Road

Bitcoin near 84800-85500, target 83500-82500

Ethereum near 1620-1650, target 1550-1500

Due to Powell's hawkish remarks in the early morning, Bitcoin prices initially surged and then retreated. Fortunately, the 83000 support level remained strong and was not broken, with prices still fluctuating within the recent 83000 - 86000 range. However, based on current news, there is uncertainty regarding the support at the lower end of this range. In terms of operations, a high leverage strategy is relatively stable.

83000 is a key support level, having been tested multiple times, with significant support effects. If this level is broken, it is likely to trigger a mid-level correction. The strong support area below is in the range of 81000 - 80000.