On Wednesday, the Bitcoin market has been showing a fluctuating upward trend since the morning, with prices climbing to a high point of 95186. Subsequently, in the evening, there was a strong downward movement, with the market hitting a low point of 92848. The Ethereum market also experienced a similar pattern, rising to a high point of 1816 in the morning before retracing, with the evening price dropping to a low of 1730. Brother Sheng's intraday layout included two short positions in Bitcoin and one short position in Ethereum, all of which were successfully executed. The Bitcoin short position set up in the early morning was entered near 95250 and exited near 93216, capturing a space of 1500 points. The evening Bitcoin short position was entered near 95089 and closed near 93216, capturing 1800 points. The Ethereum short position was entered near 1810 and closed near 1749, capturing 61 points. The two short positions in Bitcoin totaled 3300 points, while the Ethereum short position captured 61 points. Brother Sheng firmly believes that the path to success is not crowded because there are not many who persist. It is wonderful to see that every student's perseverance has ultimately brought them substantial rewards. This is not just an increase in wealth, but also an affirmation of Brother Sheng's ability and value.

Based on the current market situation, from a four-hour perspective, the market experienced a significant downward breakout below the lower Bollinger Band, and after testing support, the downward momentum has slowed. With sufficient space released, the downward trend is gradually weakening, entering a correction phase, and bulls are showing some rebound. From a one-hour perspective, the market is below the middle Bollinger Band, with moving averages trending upward and indicators showing signs of turning. The market is exhibiting a relatively strong pattern. Although there will still be a period of rebound, the overall trend remains unchanged. One can seize the opportunity for a bullish rebound, first looking at the rebound magnitude, then continuing to short thereafter.

Bitcoin can be shorted near 94500, with a target of 92500.

Ethereum can be shorted near 1800, with a target of 1730.