$BTC 4.17 Afternoon Bitcoin and Ethereum Market Analysis and Trading Suggestions

This wave of daily chart-level consecutive bullish days has been quite solid. Especially worth emphasizing is — before each rebound, the market first completes a dip below the bottom. This “break first, then establish” pattern is much more reliable than a direct upward move. If it were just a simple continuous rise, today would be more cautious about chasing the high; it’s precisely because of the structure of breaking the bottom and then recovering that the bulls have the confidence to continue bullish.

Remember a core principle: the lower support cannot be broken again. Currently, on the chart, the top-to-bottom transition point has moved up to around 73,800, which is the lifeline for the bulls. As long as it holds here, the structure remains intact.

Another important signal comes from the lower shadow of the candlestick. Yesterday’s long lower shadow closed beautifully, indicating strong buying support below. Especially at the low of 73,300, which is very likely the starting point for this wave of rally to hit new highs. Regardless of how the market fluctuates afterward, this level will repeatedly serve as a solid support for rebounds.

The current strategy is very clear: use the 73,300–73,800 zone as a defensive bottom line, with the space above already open. As long as this structure is not broken, new highs are only a matter of time. Every retest confirms an opportunity for a bullish strategy. #山寨币强势反弹