The early morning pancake market continues to show a weak downward trend, and the rebound is merely to accumulate strength for breaking out. The overall trend currently presents a weak pattern, with the results of the rebound being devoured by pullbacks, resulting in a bearish daily close. The market clearly lacks upward momentum and continuity! Therefore, in the context of a weak intraday market, maintaining a bearish outlook is advisable.

Operational Suggestions:

Bitcoin: Short around 96100 - 96600, targeting 94000 - 93000.

Ethereum: Short near 3650 - 3680 on Tuesday morning, targeting 3550 - 3500.