Recent market conditions have repeatedly declined, and the Bitcoin market only began to show signs of rebound after falling below around 93,000. The market has now returned to around 95,000. Currently, the downward trend is evident, and the main strategy for the day is still to focus on shorting during rebounds. Continue to pay attention to the breaking situation below 93,000. If it falls below again, a right-side trading approach can be adopted with a light position to chase shorts.

At the short-term level, the pressure above for Bitcoin is first at 96,200, followed by 98,000. The selling pressure above is still quite severe. From a technical perspective, the bears have the advantage. Looking at the hourly chart, there is a slight rebound, but the strength is expected to be limited. Both the four-hour and daily charts are predominantly bearish, so today's strategy is to focus on shorting at high levels.

Now let's take a look at Ethereum; the Ethereum market is also dominated by bears. Currently, the market is still in a rebound, but the subsequent market trend will follow Bitcoin. This rebound is likely coming to an end. The pressure above is first at 3,390, followed by 3,550. A strong breakout would indicate the possibility of a trend reversal.

Bitcoin: Short around the rebound of 96,000-96,500, targeting 95,000-94,500-94,000

Ethereum: Short around the rebound of 3,390-3,420, targeting 3,350-3,310-3,270