April 28 BTC/ETH:

This Thursday will be the Federal Reserve interest rate decision, which may also be the last meeting attended by the Fed Chair, Powell. Going forward, the Federal Reserve’s monetary policy may tilt in some direction. Meanwhile, the Iran–U.S. talks this morning made no substantial progress. The BTC rally has weakened and already pulled back 2,000 points from the high. Previously, emphasis was placed on not chasing after highs. The rebound is not a reversal. On-chain data shows that 24-hour liquidations have reached 280 million!

BTC
The four-hour chart has broken down below the key level, and the candlesticks show a three black crows bearish reversal pattern. The daily chart shows a bearish engulfing with expanding volume. The MACD is about to form a death cross. During the day, pay attention to the 7,650–7,600 support zone. If price breaks down through it, the daily downtrend will be completely damaged, and it is highly likely to test the 7,000 support level again. For smaller time frames, rebound resistance is at 7,740. If the hourly timeframe cannot stabilize, it indicates the rebound lacks momentum. Overall, the market is mainly a rebound consolidation.

Range around 7,730–7,770. Defend at 7,840. Target 7,650–7,480; if it breaks down, look lower toward 7,360.

ETH
Range around 2,302–2,324. Defend at 2,368. Target 2,263; if it breaks down, look toward 2,216–2,1701$BTC #加密市场小幅下跌