Recently, the Bitcoin market has shown weak performance, with several consecutive days of long bearish candlesticks, clearly indicating that bears are in control, and a downward trend is evident in the short term. However, it is worth noting that, from a technical indicator analysis, the strength of the bears has shown some signs of weakening, but a clear trend reversal signal has not yet appeared.

In terms of the moving average system, the Exponential Moving Average (EMA) continues to show a downward oscillating trend, indicating that the market is likely to continue its oscillating pattern in the short term, with a possibility of further declines. Observing the MACD indicator, its value has turned from negative to positive, indicating that there is some rebound momentum in the market, but given the current market environment, this momentum is still insufficient to change the overall downward trend. Therefore, in terms of operations, it is still recommended to primarily adopt a bearish approach, and it is essential to set stop-loss limits strictly to avoid blindly holding positions.

For Bitcoin, short positions are suggested near the rebound level of 95300-95800, targeting a drop to 93500 and continuing down to 92000.

For Ethereum, short positions are suggested near the rebound level of 1830-1850, targeting a drop to 1780 and continuing down to 1700.