Bitcoin has shown signs of a spike and a second test at the 4-hour level, indicating a temporary rebound.

However, from the perspective of Bitcoin's hourly chart, although a rebound has occurred, the strength of the rebound is relatively weak, and there is still a possibility of price dropping.

Therefore, in terms of short-term trading, it is still recommended to focus on shorting at highs.

Regarding Ethereum, its price has shown a 'door painting' pattern after reaching a high of 4087, with strong pressure from the previous high.

Currently, Ethereum's short-term support level remains at the 3500 level, and it is crucial to monitor whether this level will be broken. Once broken, there will be further downside risks.

In the afternoon session on Wednesday, for Bitcoin, if its price is around 98000, it is advisable to prioritize shorting operations, with target prices set at 96000 and 95000, remaining unchanged.

For Ethereum, shorting operations can be conducted in the 3700 - 3730 area, targeting 3500.