Analysis of BTC on April 17:
In terms of the overall trend yesterday, it was relatively stable, and there was no further decline. However, it still fell three times during the day to below 61,800, and liquidated the high leverage of the contract! Yesterday, it rose to around 64,350 at its highest, and fell to around 61,500 at its lowest. It is currently running around 64,000!
Trend: The overall entity column formed an important support at the six-hour support level, and it withstood multiple attempts, and rebounded from the bottom. The time is close to the halving cycle of the big cake, and the trend is still running at the bottom of the range. The Bollinger Band trend track begins to show an inflection point upward trend. More short-term pressure around 66,000 needs to be paid attention to!
Daily operation suggestions:
62,650 first position, 61,870 for replenishment, stop loss below 61,300, bullish target 67,800-68,000! A way with a relatively cost-effective profit and loss ratio!
