April 17 Midday Analysis of the Second Bitcoin


✅Long Position Strategy:
A short-term pullback to the 2310-2315 range stabilizes, consider a small position to go long, target 2335-2345, stop loss below 2300.
✅Short Position Strategy:
A rebound to the 2345-2355 range faces resistance and falls back, consider a small position to go short, target 2320-2310, stop loss above 2365.
Technical Logic
4-Hour Cycle
• BOLL Bands: Price broke below the middle band (2344.23), currently trading below it, upper band 2383.49, lower band 2304.98, Bollinger Bands are converging, after high-level oscillation, it begins to weaken.
• MACD: DIF=20.77, DEA=27.01, Histogram -12.48, death cross persists, bearish momentum continues to release, bullish trend is weakening.
• RSI: 45.77-56.41, in neutral zone, not overbought/oversold, but overall trending downward.
1-Hour Cycle
• BOLL Bands: Price oscillates near the middle band (2332.53), upper band 2358.75, lower band 2306.30, Bollinger Bands are converging, short-term direction unclear, in weak oscillation.
• MACD: DIF=-2.98, DEA=-2.06, Histogram -1.84, after death cross, bearish momentum is weak, no volume decline, indicating a weak correction.
15-Minute Cycle
• BOLL Bands: Price broke below the middle band (2327.36), currently trading below it, upper band 2338.05, lower band 2316.66, Bollinger Bands opening downward, short-term bears dominate.
• MACD: DIF=-0.25, DEA=-1.92, Histogram 3.33, after golden cross, bullish momentum is weak, rebound lacks strength.
• Key Support/Resistance: Support at 2316 (Bollinger lower band + previous platform), resistance at 2338-2350 (upper band + previous high).
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