In the cryptocurrency world, short-term fluctuations do not represent eternity; only sustained perseverance can allow us to stand firm amidst the waves. Success never favors anyone; it only favors those persistent souls. At midnight on Wednesday, the Bitcoin market showed a pattern of initially declining and then rising, with the price dropping to a low of 103426 before stopping, and then starting to rebound, reaching a high of 105098 in the early morning. Ethereum's market moved in sync with Bitcoin, with the price dropping to a low of 2469 before rebounding, reaching a high of 2540 in the early morning.

According to the current market situation, the four-hour level shows that after experiencing four consecutive bearish candles, bulls have provided a strong bullish rebound, but the overall market hasn't retraced its overall decline; currently, the bullish rebound appears somewhat weak. The MACD indicator's fast and slow lines have turned upward below the zero axis, but a golden cross pattern has not yet formed, and the histogram has contracted, indicating insufficient rebound momentum and difficulty in maintaining a certain degree of continuity. From the one-hour level, the market showed a three-consecutive bullish rebound before stopping and pulling back, with the price not breaking through the previous rebound high. As the rebound high continues to decline and the pullback low continues to refresh, it indicates that the overall trend is dependent on the bears. Therefore, in the morning operations, we will adopt a strategy of shorting after the rebound.

Bitcoin can be shorted near 105500, targeting 103000.

Ethereum can be shorted near 2550, targeting 2450#BTC☀ .