April 28 Midday Poem Perspective: The top has already appeared, a bear market is coming!

On the macro level, multiple negative factors continue to resonate: The Federal Reserve's interest rate decision is approaching, and the previous rally has already priced in the rebound gains, with historical patterns indicating that after the rate hike, bears will release their pressure intensively; combined with the opening of the Federal Reserve's leadership transition window, past transition cycles have often triggered significant declines in risk assets; at the same time, geopolitical turmoil in the Middle East has driven up inflation, and expectations for rate cuts have cooled significantly, even with some signs of rate hike expectations returning, creating ongoing pressure on the overall environment and significantly increasing downside risks for the crypto market.
Currently, the market has officially shifted from the previously relatively strong structure to a bear-dominated rhythm, and the probability of a market reversal due to end-of-month fund rebalancing has greatly increased. At this point, it is crucial not to blindly chase rebounds; every rebound is an excellent entry point for short positions in our layout.

Bitcoin suggestion: Short around 77,500–78,300, target 76,000–75,500
Altcoin suggestion: Short around 2,300–2,315, target near 2,250.

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