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April 30, 2026 Bitcoin Market Analysis:
1【The contract market’s bearish fuel has not yet been cleared, and the bullish logic still exists】
Today's decline may be a panic sell-off, and if the downward trend is not smooth, a high-level consolidation is likely to begin. After consolidation, there is a high probability of reaching a new high to absorb all the liquidity from the bulls (if the price breaks below the range, the view becomes invalid).
2.【Spot market continues to absorb selling pressure】See Chart 2CVd for ongoing absorption of sell-offs.
3.【Avoid opening trades in the middle of the range】Dog whales are best at oscillating and grinding, and both long and short positions will be harvested here. Therefore, it is recommended to refer to the market reactions at key levels in Chart 3 for long/short entries.