Coin Sea Wave: 4.17 Cryptocurrency Market Bitcoin (BTC), Ethereum (ETH) Latest Market Analysis and Insights

Coin Sea Wave: 4.17 Bitcoin (BTC) Market Analysis Reference:
Bitcoin recent trend continues to oscillate within a range, from the daily K-line chart observation, BTC is currently in a clear bullish trend at the daily level, with the price running along the upper band of Bollinger Bands, and consistently staying above all EMA lines, with a complete bullish moving average arrangement, and support strength continuously strengthening.
Although the MACD histogram has slightly narrowed, the DIF line remains above the DEA line, indicating that bullish momentum has not significantly weakened; however, the RSI and KDJ indicators have entered overbought zones, showing that short-term bullish sentiment is overheated, and a technical correction or sideways consolidation may be needed.
The key support below is at the EMA15 line; as long as this level is not broken, the upward trend will continue.
The 4-hour price level also remains in an upward channel, but momentum shows clear signs of weakening: the MACD histogram fluctuates repeatedly, and the DIF and DEA lines are nearly parallel; meanwhile, the RSI and KDJ indicators are approaching the neutral zone. Currently, the price is still constrained by the upper band of Bollinger Bands, with support concentrated at the middle band of Bollinger and EMA7.
In the short term, a continued oscillation with slight pullback is likely. If support holds effectively, there is still potential for a rally. Overall, the rhythm is viewed as oscillating and consolidating, with a strategy mainly based on range trading—buy low and sell high.
Coin Sea Wave: 4.17 Short-term Bitcoin Reference:
Long position: buy within 73500-74000, stop loss 500 points, target 74500-76000,
Short position: sell within 77000-76000, stop loss 500 points, target 75000-74000,
Coin Sea Wave: 4.17 Ethereum Short-term Reference:
Short position: sell within 2430-2380, stop loss 30 points, target 2360-2320,
Long position: buy within 2280-2200, stop loss 30 points, target 2350-2400,
The article delivery may be delayed. These are personal opinions and for reference only. Do not operate blindly!
Hope everyone can stick to their principles on the investment journey, regardless of how the market changes, and maintain rationality and calmness. #美股创下历史新高 #美伊局势和谈与增兵博弈 $BTC $ETH