4.30 Morning Poetry Perspective: The short-term pattern continues, key positions should be strategically laid out!

Did the short sellers make a killing yesterday? Those who have held onto their short positions for two days can now observe the subsequent developments! Early morning in the US market, the trend was entirely bearish. After the Federal Reserve rate decision was announced, the market surged with volume, with Bitcoin dipping to around 74,800 before rebounding. The altcoins also weakened simultaneously, falling to around 2,220 before stopping the decline, and are now rebounding to around 2,250.

The Federal Reserve's decision leaned hawkish, with Powell and Trump’s statements fluctuating, creating a chaotic news environment. Focus on technical patterns for trading.

The 4-hour chart clearly indicates a medium-term weakening. Bitcoin has formed multiple peaks between 78,500 and 79,000, with strong selling pressure at high levels. It has broken below the 76,000 neckline and the MA120 support line, forming a high-level trapped zone between 74,000 and 79,000. After breaking the middle Bollinger Band, the weakness continues. Key support below is at 74,500-74,000. If this area is lost and 76,000 cannot be reclaimed, the 4-hour downtrend will be confirmed, further breaking below 73,000.

Bitcoin suggestion: Short around 76,000-76,500, target near 74,000
Altcoin suggestion: Short around 2,260-2,280, target near 2,200
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