4.17 Market Analysis:

In the past few days, shorting has earned several wins, but over these days, many altcoins have been going up. A lot of people say this is the prelude to a bull market, but personally I don’t think it looks good. The start of a bull market requires a narrative—it can’t just turn bullish for no reason. And in the past few months, there hasn’t been anything particularly noteworthy in terms of narrative. So everyone should still be more cautious.

BTC:
Today, pay attention to the 74,500 level. As long as price retraces but does not break this level, the bullish trend will strengthen and continue upward. First, look at the previous high of 76,000. If this level can’t be strongly broken through on the smaller time frame, it will come back down again. Only a strong breakout can take it higher.
Resistance: 77,500 - 79,300 - 81,500
If today the price breaks below 74,500, then on the 4-hour level a pullback will begin. First, look at yesterday’s previous low of 73,250. If this level is not broken, there will still be a rebound; if it breaks, then it will go lower.
Support: 72,500 - 70,500 - 69,130

ETH:
Today, pay attention to the 2,345 level. Only if it rebounds and holds above this level will there be momentum upward on the 4-hour level. Continue to look for the previous high of 2,385. If this level can’t be strongly broken through on the smaller time frame, it will come down again. Only a strong breakout can take it higher.
Resistance: 2,415 - 2,455 - 2,500
If today the rebound can’t get up to the 2,345 level, that means the rebound on the smaller time frame doesn’t have much strength. Down below, first look at yesterday’s previous low of 2,283. If this level is not broken, there will still be a rebound; if it breaks, then it will go lower.
Support: 2,265 - 2,215 - 2,175

SOL:
Today, pay attention to the 87 level. As long as price retraces but does not break this level, the bullish trend remains strong. Continue upward first, looking at the previous high of 90. If this level can’t be strongly broken through on the smaller time frame, it will come back down again. Only a strong breakout can take it higher.
Resistance: 93 - 95 - 97
If today the price breaks below 87, then on the 4-hour level a pullback will begin.
Support: 84 - 82 - 79

In short, control the position size well for each trade. Mainstream normal position size: 5% 50x
For any trade, be sure to set a stop-loss. For trades made based on key levels, the stop-loss room is about 1% - 1.5%.