4.22 Morning Thoughts

Yesterday's large buying pushed Bitcoin up to 88,000, but it did not hold. While many altcoins rebounded, they did not rise nearly as much as Bitcoin. After Ethereum surged to 1660, it experienced a significant pullback, dropping over 120 points.

The daily chart shows three consecutive bullish candles, with the price touching the upper band before pulling back, forming an inverted line. The Bollinger Bands are opening up, and the trading volume has significantly increased. Currently, the bulls still have momentum on the daily chart, but caution is needed to prevent capital withdrawals.

There are no positive news supports at the moment, so it is recommended to focus on short positions today.

Short Bitcoin at 884-888, target 873/866, with a stop loss at 890#币安HODLer空投HYPER #币安Alpha上新 $BTC