Every day that has not been danced through is a betrayal of life. Even when in a low valley, remember: the mire beneath your feet is also the soil for growth; the fog before your eyes will eventually be dispersed by the wind. Hide your efforts in every moment; there is no need to worry about how far the endpoint is, as long as the direction is correct. Step by step, you will eventually reach where your heart desires.

The overall trend on Wednesday remains bearish, and we have consistently maintained a short position. The market fluctuated little during the midday session, moving relatively slowly, and the price comparison is still oscillating within a certain range. From the current market perspective, it closed with a medium bearish candlestick, with long upper and lower shadows. Overall, the candlestick pattern shows a characteristic of alternating between bullish and bearish. The market experienced a bottom reversal at midday, but the rebound did not last, and the market has entered a correction phase. Switching to the hourly chart, after three consecutive bearish candles, a brief rebound occurred, resulting in a small bullish candlestick, which is a typical corrective market pattern. The price comparison is wandering near the middle and lower Bollinger Bands. Currently, 95000 serves as a key resistance level above the middle band and is performing extremely strongly. Under the pressure of this strong resistance level, it is difficult for the market to experience a significant rebound. The bullish forces are severely lacking, and there is still room for the market to decline in the short term. The bearish forces are continuously building momentum, and we continue to be optimistic about the bearish outlook for the future. This evening, we will maintain a bearish stance.

For Bitcoin this evening, shorts can be placed in the range of 94800-95300, targeting around 93000; for Ethereum, shorts can be placed in the range of 1800-1830, targeting around 1750. #比特币 $BTC