Analysis of the Evening Pancake Thought on April 23!

From the one-hour technical structure chart, the price channel is oscillating downward, breaking below. The lower channel shows signs of opening up, but due to the slow pace, the pullbacks are accompanied by corrections. The frequent conversion of long and short volume is evident, and the oscillating downward pattern is already apparent. For the upcoming short-term strategy, we will maintain a short position on rebounds.

On the four-hour level, the running channel forms a strong contraction, with narrow pressure on the upper track. The price is weakly descending within the range, and the release of bullish volume is hindered, showing a weak state. The moving averages do not show a significant upward reversal, and the short cycles also indicate further downward demand. The oscillation in the short term is obvious, with upward movements meeting resistance and showing a pullback. In the upcoming strategy, we will mainly participate in high shorts.

Personal operation advice for Bitcoin: short near the area of 95000-95500, with a target of 92000-91000. #加密货币总市值重回3万亿 #特朗普称无意解雇鲍威尔 #加密市场反弹 #币安Alpha上新 #美股下挫 $BTC $ETH