4.26 Big Cake Afternoon Thought Analysis!

From a short-term rhythm perspective, in the hourly timeframe, the price is hovering at the middle track while attempting to recover upward but has not been able to sustain it, showing a dive that has pierced through the lower track. The weak market has not effectively reversed, and the volume has shifted to bearish entities, clearly indicating a strong demand for the bears. Although there might be a certain rebound recovery demand during the downward exploration, there will not be a significant counterattack, so our intraday strategy remains aligned with the daily level's pullback demand, mainly focusing on shorting at high positions.

From a technical structure perspective, looking at the four-hour technical structure, the price channel continues to exhibit a narrowing oscillation, with bearish volume arranged in solid columns, and moving averages maintaining a downward release. The small cycle's oscillation and pullback show a strong demand for bottoming recovery, with the overall rhythm appearing very slow.

Bitcoin Personal Trading Advice: Short near 95000-95500, targeting 94000-93500.

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