Continue to open the sluice to discharge water?

On April 11, BTC and ETH conversion at the bottom, the plunge continues.

Internal divisions within the Federal Reserve are intensifying. After several officials issued cautious signals, the hawkish camp stated that the current interest rate level has not yet reached neutrality, but a significant increase in the rate cut of 50 basis points seems appropriate. Meanwhile, some cautious officials from earlier periods remain open to further rate cuts in December. As developments unfold, expectations for a rate cut in December will gradually rise.

Yesterday, the big Bitcoin was ambushed around 108300 with short positions, targeting near 1054, with a minimum drop to around 1053. After dipping to around 1053, a rebound began. Currently, the BTC market is in a clear downtrend, and technical indicators show that prices are below both short-term and long-term moving averages. Additionally, the classic candlestick pattern of "three black crows" has appeared, creating a strong bearish resonance with the bearish arrangement of the moving average system.

BTC trading suggestion: short between 107200-107600, target 105800 breaking to look at 104900.

ETH trading suggestion: short between 3655-3670, target 3585 breaking to look at 3507, with defense matched according to personal position. $BTC $ETH #加密市场回调