April 30th Midday Analysis


Currently, market sentiment is subdued, and the afternoon continues the bearish trend.
The Bitcoin price extended its downward weakness in the early trading session, breaking below 760 with no resistance.
After the Federal Reserve decision was announced, it directly broke below 750, with the lowest reaching 748 before barely stabilizing.
Subsequently, the rebound to 760 was very weak, and the bulls had no momentum for a counterattack.
Currently, both technical indicators and market sentiment are overwhelmingly bearish, and every short-term rebound is an opportunity to follow the trend and short.
Bitcoin continued its weakness in the early session, repeatedly hovering around 760, with no strength in the rebound, typical of a downward decline.
After the Federal Reserve decision overnight, bearish sentiment intensified, and Bitcoin quickly broke below 750, with the lowest dropping to 748 before a brief stabilization.
Then, it rebounded to the 760 area, but remained weak throughout, with no upward momentum.

The current market situation is very clear: both technical and sentiment aspects are bearish.
The daily chart shows consecutive declines, with all indicators in a bearish alignment; the 4-hour and hourly charts are synchronized in a downward resonance, and short-term rebounds seem unlikely.
In the midday session, the price is still weakly oscillating around 760, and rebounds are opportunities to short.
Every small rally is a window for trend-following entries.

Trading Suggestions
✅ Mainly short positions: enter in batches around 762 and 767, watch for a move to 745, and if broken, target 730 directly.
Don’t be greedy; securing profits is the most important.
BTC-1.99%
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