Mu Feng's Trend Analysis: 4/17 Early Morning Market Analysis with Operation Suggestions

From a technical perspective, the current technical indicators of Bitcoin/Ethereum at the daily level have not changed much. The daily main chart and the range chart indicators are both in the short position arrangement and resonance and large volume stage. However, the current BOLL lower track opening of the ultra-short-term is not large, which means that the short-term decline space is blocked (of course, except for the absolute funds breaking the position, but this is also a low-probability event). At the 4-hour level, the current coin price is consolidating on the lower track. There are signs of stabilizing the bottom support in the short term. The rhythm is slow to repair. Combined with the recent morphological structure, the market still has the momentum to explore again in the future. It is recommended to operate in the early morning with a low-multiple idea of ​​​​retreat. The specific points can be referred to:

Bitcoin: 62300-61800 more, target 64200

Ethereum: 3030-3000 more, target 3120

The above is a personal early morning market analysis for your reference only. If you are not sure about the trend and entry point in the future market operation, you can follow the "Official Account: Mu Feng Watch Trends". Welcome to communicate and learn together! #etf #比特币减半 #大盘走势 #新币挖矿 #非农数据