April 17 Early Morning BTC/ETH Market Analysis



BTC and ETH, after experiencing a deep decline and rebound correction phase, encountered resistance and pulled back after reaching short-term highs. The moving average system shows short-term moving averages turning downward and long-term moving averages continuing to weaken, indicating that the rebound momentum is significantly diminishing. The bearish force is regaining dominance, and the short-term trend is leaning towards sideways downward movement.

BTC Trading Suggestion: Buy near 74,500-75,000, target 73,500-74,000
ETH Trading Suggestion: Buy near 2,335-2,345, target 2,310-2,290
BTC0.35%
ETH-0.79%
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