$BTC April 18 Cryptocurrency Market Analysis (300 Chinese characters)

Today (4.18), the crypto market surged strongly with broad-based gains across the board, and weekend sentiment showed a higher volume of optimism. Bitcoin is quoted at $77,190, up more than 3.3% in 24 hours, breaking through the prior range-bound high; Ethereum is quoted at $2,436, rising by nearly 4%. Mainstream coins moved upward in sync, altcoin themes exploded, and some niche tokens surged by as much as double.
In the past 24 hours, nearly 170,000 traders were liquidated across the entire network, with a total amount exceeding $700 million, and shorts were concentrated and squeezed. Technically, BTC is overbought in the short term; the RSI is blunted at high levels. There is clear resistance above at $78,500, while support below is at $75,000.
On the news front: the Middle East situation is steady, US stocks are strong, and institutional capital has positive momentum, with risk appetite continuing to recover. The options structure shows there is sell-side pressure from market makers above, making it difficult to sustain a one-way explosive surge in the short term.
There may be a choppy consolidation after spiking at high levels in the short term—be cautious of a rapid pullback and correction. Don’t chase highs to go long; strictly control position sizing and stop-losses, and wait for pullback opportunities to buy the dip.
⚠️Risk warning: Crypto volatility is extremely high. The above is for analysis only and does not constitute investment advice. #山寨币强势反弹