April 29 Midday Bitcoin and Altcoin Market Warning! The bearish trend is still evident, and a rebound is an opportunity to short!



1-hour channel breaks downward, the oscillating weakening pattern is clear, buying and selling volume frequently switch, repairing rebounds are hard to change the downward rhythm; 4-hour channel narrows and faces resistance at the upper band, bullish momentum is weak and powerless, the range-bound movement is weak, moving averages show no reversal signals, and smaller timeframes also show a downward demand. Short-term rallies will definitely fall back, with a clear high-short strategy!

Short positions around 77,800 for Bitcoin, targeting 76,800-75,800;
Follow-up short positions around 2,350 for Altcoin, aiming at the 2,300-2,250 range!#以太坊基金会解质押约4890万美元ETH $BTC $ETH
BTC0.31%
ETH1.78%
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