4.30 Bitcoin Market Outlook | Bearish News Hits, Bears Take Control of the Pace


The sharp decline in the early morning was very decisive,
Affected by the hawkish interest rate decision, Bitcoin directly dropped to around 75,000,
And it just fulfilled our short target from yesterday.
The current market is very clear:
The rebound has no strength, it gets suppressed as it rises, and the rhythm is entirely in the hands of the bears.
The core of this decision is just one point—
The rate cut expectation has been pushed back, and funds are unwilling to push higher.
As soon as the bulls weaken, the market naturally moves downward.
So there's no need to overthink:
As long as the rebound can't go higher,
It's very likely to continue oscillating downward, testing support levels.
The trading strategy is very simple: continue to short on rebounds during the day, and don't blindly chase longs.
Trading reference:
Bitcoin: 76,400 / 77,000 targets for partial short positions, watch for a break below 74,800, then look at 73,500.
The bearish space has opened up, and rebounds are opportunities; following the trend to short is the main theme. #比特币现货交易量新低 #Strategy吸筹速度超挖矿两倍 $BTC $GT $ETH
BTC1.47%
GT-0.13%
ETH0.89%
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