4.9 Bitcoin Afternoon Update: Bears in Control, Rebound Is a Shorting Opportunity!

1-hour narrow-range consolidation is not a reversal; it’s just a weak struggle after a pure decline! Coupled with the Strait geopolitical disturbances, capital surges into USD and gold, draining liquidity from the crypto market. During the daytime, liquidity dries up, and the bulls have no power to fight back!

Technical analysis directly confirms: the price is firmly pressed against the middle Bollinger Band, grinding on the ground, with the upper band at 71929 acting as a strong resistance, causing rebounds to break apart instantly; the highs are gradually decreasing, and all bullish candles are false signals, with bears fully dominating the rhythm! The KDJ indicator shows a death cross downward, indicating that the bearish momentum has not been exhausted—it's just tired from the decline, and a further drop could start at any time!

No hesitation in trading—go short directly.
In the 71,500-72,000 range, go short with your eyes closed. The target is directly at 69,500-70,000. This is a bear market rally—don’t be fooled into buying on weak rebounds!