On the morning of April 30th, analysis of the four-hour timeframe shows that Bitcoin faced resistance when surging higher and then pulled back. The market is displaying a pattern of higher highs and lower lows, with a clear downward structure forming, indicating a very obvious bearish trend.

The trading volume continues to increase as the candle closes downward, with persistent selling pressure above, and the bulls' ability to support is severely lacking. The price has already broken through previous support levels, and the overall trend is extremely weak. The current slight rebound is merely a consolidation correction within the ongoing decline.
The previous support level has now turned into an important resistance level. If the price cannot regain and stabilize above this zone, the bearish pattern will be difficult to reverse, and the market is likely to continue oscillating downward.
Trading suggestions:
Short at 76,200-77,100 for Bitcoin, with a target of 74,500.
Short at 2,270-2,310 for Ethereum, with a target of 2,170.