The daily line shows a clear series of consecutive declines, followed by a quick rebound after this round of declines. However, the weak structure has not changed much, and the rebound has not been sustained. Currently, there is also a sign of stagnation in growth. After a sustained weak downward movement on the 4-hour chart, there has been a short-term reversal, but the downward trend remains unchanged, and the price action is still in a weak structure. Therefore, the current rebound does not indicate a change in structure, and the market is still in a weak structure. Thus, we should continue to maintain a bearish outlook!

In the morning, it is suggested to short Bitcoin around 97500-98000, with targets focusing on the 96000-94000 range,

For Ethereum, it is suggested to short around 3480-3500, with targets focusing on the 3400-3300 range.