April 17th Bitcoin Summary

Today, the Silk Road precisely defined the key attack-and-defense range
74,000 is the short-term core support; once price stabilizes, you can follow through with long positions;
The key resistance above is centered around 75,500-76,000, using it to control the long-and-short tempo

Looking at today’s market
The price met resistance at the first upper pressure level and pulled back; then it stabilized and formed a bottom by relying on the first lower support, starting a steady rebound
After touching the vicinity of the secondary resistance, it was expectedly met with pressure and pulled back; the retreat reached a thousand-points-and-then-more level, with key long-and-short levels precisely realized— the attack-and-defense structure fully matched the forecast

Meanwhile, a reminder: macro disturbances are frequent in the market right now; as news-driven disturbances intensify, they become the core catalyst for short-term price action, so you must stay closely attentive
As evening approaches, Bitcoin is driven higher by favorable news; bullish momentum concentrates and erupts in a single surge, breaking through two layers of tightly stacked resistance in one move, and producing a one-way extension that shows an extra-large move of more than three thousand points

Forecast is the framework; adaptation is the soul;
Once all support and resistance levels have been fulfilled, we adjust based on how the market moves
Forecast first, and countermeasures follow; every market segment is kept within our grasp
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