Wednesday, April 22 Morning Market Analysis



From the perspective of structure and indicator resonance, the bullish momentum has significantly weakened, the rebound highs are continuously decreasing, and the downward channel prototype is gradually becoming clear. It is very unlikely to see a strong reversal in the short term.

The overall market maintains a weak oscillating downward trend, with resistance layers pressing down from above and support levels constantly being tested. The bulls are retreating step by step, and the bears are taking the lead.

Short-term operations should focus on high short positions, ensuring profit-taking and protective measures, while remaining alert to sudden news impacts. Yellow-haired remarks often trigger unregulated market sweeps; it is essential to hold light positions with stop-loss, prioritizing stability.

Operation Suggestions
Bitcoin: Short around 76,000, target 74,500, 73,500
Ethereum: Short around 2,330, with a downside view of 2,270-2,240
BTC0.33%
ETH0.12%
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