4.18$BTC Market Analysis Fans Break Thousand Daily Red Packets Please Follow

Hello everyone, I am Panda Brother. Today I was too busy and delayed posting to the square.

To get straight to the point, overall, I am bearish. Below is the specific market analysis.

$BTC Although the 4-hour level channel is upward, the daily level is in a downward channel.

Following the principle that smaller time frames obey larger time frames, the overall trend is still to short at highs.

The green slope line at the 4-hour time frame has currently formed a converging triangle, and a direction must emerge at the position of the red arrow. Positions around 84911 or above the green slope line can be shorted. Currently, 86443 is the high point within the cycle, and there are spikes and multiple resistance levels suppressing below this high.

Shorting to 83000 currently seems fine, just short the market of $ETH aggressively. There are currently 5 moving averages suppressing above and also spikes suppressing, and with Bitcoin going down, it can't rise even if it wants to.