Morning Thoughts on April 28
The fifteen-minute level shows a clear downward trend, the hourly level has formed a short-term downward trend, and the daily level also shows a clear downward trend. Currently, the bullish force is beginning to weaken, while the bearish force is relatively strong. Switching to the hourly perspective, the market is approaching the lower Bollinger Band, which clearly indicates that the market's downward trend is beginning to emerge, and bearish forces are gradually accumulating. At this moment, we just need to be patient and wait for the bears to exert further strength and achieve a breakthrough.
Bitcoin: Short near 93500-93000, targeting 91500-91000
Ethereum: Short near 1770, targeting around 1700
