Everyone, please stand up! After the 15th, the long-anticipated bearish trend has arrived!

Reasons for bearishness:
1. The 200-day moving average at 82,000-84,000 faces resistance and is testing pressure,
ETF cost basis zones form strong resistance and have been confirmed effective.

2. Nearly half a month, institutions have been reducing positions in coordination during the rebound (record ETF outflows).

3. On-chain whales and miners are simultaneously transferring chips to exchanges.

4. CPI, PPI, macro inflation, and geopolitical risks continue to suppress the market.

5. The key technical support level of 786 has been repeatedly broken, and the market is searching for new support.

6. Policy uncertainty due to leadership change has intensified.

7. The US stock market has been repeatedly pulling back for several days, showing clear signs of resistance!

At the beginning of the month, I set the direction for everyone: before the 15th, go long on the left side; after the 15th, start shorting on the right side. Currently, the low-long idea around 830 is in place. After the 15th, I personally believe this round of retracement has already started from this 4-hour level of the Tian Di Needle, beginning with the bearish breakdown of 786 on Saturday!

Short-term, I predict it will fluctuate repeatedly, and it will mindlessly reverse like this Tian Di Needle!

But, two words: fearless! I now declare that Ultraman is back in the short-side queue!

All bears, return! The support for this round is at 768-753. I believe there is a high probability it will go down to this range. If it doesn’t break here, it will rebound repeatedly; if it breaks, the momentum will be stronger, piercing through 732, directly reaching 686!

Bears, welcome back! Brothers and sisters! #比特币V型反转 #美国4月PPI同比暴涨6% #美批准中企采购英伟达H200芯片 $BTC $ETH