1.1 Wednesday Market Highlights:

Today, the US stock market is closed,

which indicates that the cryptocurrency market will remain relatively stable, lacking significant fluctuations.

Therefore, intraday trading strategies should not overthink macro layouts and should focus on short-term trading.

Observing the daily chart's trajectory, the market's short-term trend still shows weakness, continuing to slide amidst volatility. Although there has been a slight rebound, the downward pattern has not been altered by these brief warm-ups.

Similarly, the rebound momentum on the 4-hour chart could not be sustained; after reaching the upper boundary, it encountered resistance and fell back again.

In the context of an overall bearish structure, the rebound is difficult to maintain, suggesting that the market is likely to continue declining.

Bitcoin can be shorted around 94,500-95,000, targeting 92,000.

Ethereum can be shorted around 3,380-3,420, targeting 3,300-3,270.