May 1st Evening Double Candle Open Strategy | End of the rebound, continue to look short and take profits tonight


The current market situation is very clear: the rebound is only a correction, not a reversal.
Bitcoin remains in a downward channel on the daily chart, with resistance above not broken, and several attempts to test higher levels during the day failed to hold, indicating insufficient bullish momentum. The short-term rally looks more like a trap to lure longs, with the main trend still controlled by the bears. As long as it cannot break above the key resistance, it is likely to continue falling tonight.

The second candle on the 4-hour chart shows a typical weak rebound structure, with obvious selling pressure above 2300, and the rebound volume gradually weakening. As long as it fails to push higher, it is likely to retest lower levels, even further weakening market sentiment.

Bitcoin: Short around 77500-77650
Target: 76800 / 76000 / 75500
Stop: 78050

Second candle: Short around 2295-2310
Target: 2250 / 2220 / 2200
Stop: 2335

Tonight's mindset is simple: rebounds present opportunities, declines are for profit-taking. Chasing longs at high levels is risky; patience and waiting for the right entry points to short is the correct approach.
A slow grind upward is mostly a fake move; a clean and decisive decline is the real trend.
#美联储利率不变但内部分歧加剧 $BTC
BTC2.73%
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