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Friday, April 17 Review
Today’s overall market moved upward, with only a few opportunities for a pullback after the spike.
The intraday low was around 74,500. After a long period of consolidation, it gradually began to move up, then at around 5:30 PM reached the 76,350 zone to start the first round of correction, rapidly dropping by 1,300 points to 75,030, before beginning the next round of northbound momentum.
At 8:45, a key watershed point was reached—entering the rally phase. After the news about the Strait of Hormuz came out at 9:00, it was unstoppable: in the span of one and a half hours, it surged by nearly 2,000 points. For the full day, it moved a total of 3,800 points—nearly 4,000 points of room.
The current market trajectory is upward, and the bulls still hold the advantage. Short-term pullbacks are technical adjustments; when the trajectory turns downward, that’s when the bulls’ momentum will end and the next directional selection will begin. $BTC $ETH #GatePreIPOs首发SpaceX #Gate13周年现场直击 #山寨币强势反弹 #Anthropic与OpenAI竞争升级
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Dan