Analyst Liangqiu: 4.17 Bitcoin/Ethereum Market Analysis

In the past few days, Bitcoin and Ethereum have experienced multiple back-and-forth consolidations following the drop due to tariff policies, with overall weak continuation in bullish and bearish trends. Our two publicly announced strategies for shorting after a pullback also proved successful yesterday, as Bitcoin and Ethereum both fell several times to around 83000 and 1540. Friends in the market have also secured substantial gains. Currently, the market is rising again, with a continued focus on the resistance levels around 85300 and 1620. If these resistance levels hold, the market will continue to surge and then pull back.

From a technical standpoint, Bitcoin's daily chart displays a breakout upward pattern, firmly establishing above the critical resistance level of 83000. The 4-hour MACD indicator has shown a golden cross, enhancing momentum, while the RSI indicator has risen above 65 but has not entered the overbought zone, indicating a healthy upward trend with further room for growth. Technically, the price is in a narrow range of fluctuations, having tested the 1620 mark multiple times without breaking through. A short-term rise is expected, but the space will not be very large, so we will continue to monitor for surges followed by pullbacks.

In terms of operations, Liangqiu suggests shorting Bitcoin near 84800 to 85300, targeting around 83000; for Ethereum, shorting near 1610 to 1630, targeting around 1550.

Daily strategy analysis is limited, and the market is subject to change, so please rely on real-time information. #鲍威尔发言