#On Wednesday evening, the Bitcoin market showed a range-bound fluctuation pattern. After dipping to the low point of 103750, the price stopped and rebounded. The market rebounded to the high point of 105300 but faced pressure again, leading the price to decline to the low point of 104061. Ethereum followed a similar trend, rebounding from the low point of 2467 to the low point of 2541 before stopping and subsequently starting to face downward pressure, with the price reaching a low of 2492. Throughout the day, the strategies for shorting Bitcoin and Ethereum were perfectly timed. The Bitcoin short position entered around 105474 and exited around 104233, capturing a space of 1200 points. The Ethereum short position entered around 2544 and exited around 2497, securing a space of 47 points. In the evening, short positions for both Bitcoin and Ethereum were arranged, entering around 105191 and 2533 respectively, and exiting around 104180 and 2499. The Bitcoin short position captured a space of 1000 points, while the Ethereum short position gained 34 points. In total, the Bitcoin short strategies captured 2200 points, while the Ethereum short strategies secured a total of 81 points.

Based on the current market conditions, the four-hour level shows a series of four consecutive bearish candles. The KDJ indicator is running with the three lines converged, maintaining a dead cross pattern without any reversal signals. The MAZD indicator shows that the fast and slow lines are operating below the zero axis, with the histogram showing a volume contraction rebound followed by a renewed downward volume, indicating an increase in bearish momentum. The RSI indicator's three lines are in a weak range and have failed to break through the 50 midline, forming a downward trend, while buying power continues to weaken. From the one-hour level, the market is oscillating around the middle Bollinger Band, but the overall structure remains within a downward channel. The high points after the bullish rebound are also continuously moving downwards, and the overall trend at this level also shows that bears are dominant. Therefore, during the midnight operation, we will still maintain the idea of shorting after a rebound. At the same time, we need to pay attention to the announcement of the Federal Reserve's interest rate decision at midnight and be prepared for any on-the-spot adjustments. #BTC☀

Bitcoin can be shorted near 105300, targeting 102500.

Ethereum can be shorted around 2530-2550, targeting 2400.