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4.30 Morning Analysis, Support Breakout, Bearish Continuation
Bitcoin 4-hour chart shows clear resistance, after a rally encountered resistance and continued to decline, the highs and lows of the market keep moving lower, forming a complete downtrend pattern, with the bearish trend dominating the market.
The market shows increased volume with a downward decline, heavy selling pressure from above, bulls unable to defend the market and absorb the sell-off, key support levels have already been broken. The current rebound is just a weak correction, old support turns into new resistance, and if it cannot return to this range, the downtrend will be hard to reverse, and the market will likely continue to fluctuate downward.
Trading suggestions:
Short between 76,800 and 77,300, target 74,500 to 75,000
$BTC $ETH $DOGE #比特币现货交易量新低 #加密市场小幅下跌 #美联储利率不变但内部分歧加剧