4.30 Bitcoin Market Outlook | Bearish News Hits, Bears Take Control of the Rhythm


This morning's sharp decline was straightforward,
Affected by hawkish interest rate decision, Bitcoin directly dropped to around 75,000,
And it just fulfilled our short target from yesterday.
The current market is very clear:
No strength in the rebound, pushed down as it rises, the rhythm is entirely in the hands of the bears.
The core point of this decision is—
The rate cut expectation has been pushed back, and funds are unwilling to continue pushing upward.
As soon as the bulls weaken, the market naturally moves downward.
So there's no need to overthink:
As long as the rebound can't go higher,
It's highly likely to continue oscillating downward, testing support levels.
The trading strategy is simple: continue shorting on intraday rebounds, avoid blindly chasing longs.
Trading reference:
Bitcoin: 76,400 / 77,000 targets to short in batches, watch for a break below 74,800, then look at 73,500.
The bearish space has opened up, and rebounds are opportunities; following the trend to short is the main theme. #比特币现货交易量新低 #Strategy吸筹速度超挖矿两倍 $BTC $GT $ETH
BTC-0.37%
GT-0.68%
ETH-1.53%
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