🐳 BTC Update April 27
BTC has broken the hard psychological support zone, now it is extremely easy to fall directly to 60,600-61,500. There's no need to predict anymore, sideways and then gradually decreasing, occasionally scanning a few parallel Increase-Decrease bars to kill liquidity, but the main trend in the short frame is already bearish.
👉 Indicators show that approaching 60,800 is a good point so we can rely on the market's reaction to recover.
👉 Preparing for May, Sell In May, is also a spiritual event that Crypto Traders always worry about because May will almost always be the month when the market is red.
👉 The short-term and long-term trend right now for me is both price reduction. But the 30-day range still has an upward span before going into a long-term decline. The increase is not small, so it is also the time when we can set up a big sell and take profits.
In addition, ETH is the same, I will update 30 minutes after this article. The update may seem negative but we need to look at reality. I will continuously update and follow the market with you