4/17 Bitcoin, ETH morning market analysis: continuation of high-level shorts, no change in the oscillation pattern



Bitcoin's auntie V-shaped reversal overnight, heavy pressure at the 75,000 level, rebounded then returned to oscillation, today prioritize high-level shorts, avoid chasing the rally.
Bitcoin overnight dropped from 75,200 to 73,300, now oscillating around 74,800, daily chart shows a long upper shadow bearish candle, rebound is weak; Auntie 2370 retraced to 2290, now oscillating around 2330, the bearish trend remains unchanged.

Trading suggestions:
Bitcoin rebound at 75,000-75,500 to short, target 73,800-73,000, stop loss 76,000; if it breaks below 73,000, look for a move towards 72,500-72,000.
ETH rebound at 2,350-2,370 to short, target 2,300-2,280, stop loss 2,390; if it stabilizes at 2,280, consider light long positions, target 2,320-2,340, strictly control stop loss.

Warm reminder: Market volatility is fast, strategies are for reference only, trade with proper risk management, profit and loss are your own responsibility!$ETH $BTC
ETH-1,29%
BTC-0,26%
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