$BTC Wednesday's Bitcoin morning trend remains a rebound high

Yesterday, Bitcoin's rebound was slightly stronger than expected, but the bearish trend remains unchanged; the rebound continues to be short, and Bitcoin is expected to fall and take profits!

The hourly moving average has formed a death cross downwards, and Bitcoin still has room to decline; the downward trend is not over yet. The rebound is just an opportunity to continue shorting. Last night's rebound was merely a pressure point at 94700 before dropping again, so Bitcoin will continue to be shorted at high points around the rebound!

In the trend, it’s light and easy; against the trend, it’s chaotic. The bearish trend for Bitcoin is not over; the rebound continues to be short.

Want to catch the bottom? Better wait a bit; at least Bitcoin does not show a clear reversal pattern yet. Although the rebound is significant, it ultimately did not stabilize but instead fell under pressure, indicating that Bitcoin is merely rebounding and has not reversed!

Short Bitcoin in the 92500-93000 area, target 91000-90000!

Short Ethereum in the 3335-3355 area, target 3260-3230!

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