Lin Bao's morning thoughts on Bitcoin's 4H level, a struggle between a peak and a tower-shaped bottom, with resistance above and support below. Incremental trading is possible, but it is not yet a trend opportunity.

From the daily chart perspective, after breaking through resistance, the price has not had enough consolidation time and has not fully repaired the downward move, which does not support a sustained price increase. A period of adjustment is required, and specific changes need to be observed in the intensity during the small-level pullback process.

From the 4H chart perspective, the current market has reached the first support mentioned earlier with a large bearish candle. This kind of bearish candle usually accompanies downward aftershocks, and the support from this kind of movement usually results in slow declines.

For Bitcoin, it is recommended to short around 95600-95800, targeting 92000-91000.

For Ethereum, it is recommended to short around 3350-3360, targeting 3260-3150.