4.30 Bitcoin Operation Strategy Analysis | Hawkish Rate Landing, Short-term Bearish Dominance

Last night, after listening to Master Bao's speech, I thought I would "send him off," but it turned out to be just a different way of saying more hawkishness.

This time, the Federal Reserve kept interest rates unchanged, and the overall stance remains cautious, emphasizing that inflation pressures are still present, and market expectations for rate cuts this year continue to shift later. After the news was released, risk aversion sentiment increased, funds flowed out in the short term, driving Bitcoin to fall back as expected overnight, and it precisely tested the key support at 75,000.
Bitcoin surged yesterday to test near 77,800 but faced resistance and fell back. After the interest rate decision was announced early morning, the bears took advantage and gained momentum.
Currently, the daily and 4-hour charts have already broken below short-term moving average support, and the moving averages are beginning to turn into a bearish alignment, gradually forming a short-term downtrend structure.

The current trend is very clear: upward movement lacks sustainability, rebound heights are limited, indicating that selling pressure above is still obvious.
The bulls now are like employees working overtime—they have ideas but lack strength.

Today's trading idea: in the short term, focus on the resistance area around 77,000. If the rebound fails to break through, continue to follow the trend and set up short positions.
Reference range:
Bitcoin: pressure near 76,800—77,000, can short if resistance holds
First target: 75,000
Second target: 73,800

In a weak market, don’t think that a rebound means spring has arrived.
Many times, that’s just a brief window opened by the bears.
The current rhythm remains bearish; it’s safer to participate in high-level resistance with the trend.