The current market is still in a range-bound fluctuation. From the four-hour technical structure, yesterday's price broke directly through the four-hour mid-line support. After the top-bottom conversion, there was a rebound test during the evening U.S. stock market session, but it did not break through and instead continued in the lower range. The hourly chart shows that the price is currently testing the upper resistance, with a demand for a rebound. Therefore, short positions during the day should not be too aggressive. The short-term resistance above is focused on the two positions of 96500 and 97500 for shorting. To go long, the first thing needed is to break the resistance level, and then we will look at the two positions of 99500 and 100500.

On Friday afternoon, Bitcoin can be shorted at 96500-97500, with targets focused on 95000-94000.

Ethereum can be shorted at 3370-3360 during the rebound, with targets focused on 3250-3200.