Crypto Circle Li Ying: April 17 Bitcoin Rises in Volatile Trading, 74,680 Operation Suggestions and Outlook for the Next Period?

Family members! The current Bitcoin price is 74,680. In the past 2 hours, the price has strongly broken through the upper band of the Bollinger Bands at 75,243 and has held above it, indicating that short-term bullish momentum has erupted. The moving average system shows a bullish alignment: MA7 is tightly attached to the current price to form immediate support, MA30 provides support for the medium-term trend, and MA120 provides support for the long-term trend. All three lines rise in sync and diverge, confirming the medium-term uptrend is solid. The Bollinger Bands widen, and the price moves along the upper band, showing a high trend strength. In the MACD indicator, DIF crosses above DEA. Although the red histogram bars shrink, they are still positive. This point being negative may be a display error; the actual value should be positive, indicating that while bullish momentum has slightly converged, it is still dominant. When the breakout happens, trading volume expands significantly, and bullish funds actively step in. The technical structure is healthy, and the trend has strong continuation.

From a momentum perspective, the RSI indicator is around 67, close to the overbought zone but not entering an extreme condition. The KDJ indicator is running around 82, showing short-term strength, but you should remain alert to the risk of a pullback. The upper Bollinger Band at 75,243 is a strong resistance. If the price breaks through this level with increased volume, it will open up upward space with targets of 76,038-77,000; the key support below is at MA7 and MA30, with even stronger support at MA120. The current price of 74,680 is in an accelerated stage after the breakout. If there is a pullback and the 74,583-74,493 range stabilizes with bullish candles and the MACD green histogram bars shorten, then it becomes an opportunity to add to long positions. If it breaks below 74,493 and does so with increased volume, you need to be cautious about a trend correction.

Short-term trading strategy (Li Ying’s personal teaching, precisely aligned with the order book)

Long strategy: 74,500-74,000, target 75,000; also aiming at 76,500, stop loss 73,500

Short strategy: 75,200-75,500, stop loss 73,800, target 74,000; also aiming at 73,500

Li Ying’s parting words: The crypto market isn’t short of opportunities—what it lacks is the eyes to see through the essence and the hands to execute with strict discipline. Keep your mindset steady, and you’ll be the one who laughs last!

Risk warning: The analysis above is based on Li Ying’s real-time order book and market data, for reference only, and does not constitute investment advice. Trading risk is your own responsibility. $BTC ‌#美伊局势和谈与增兵博弈