The early morning market revisited previous lows as expected, stabilizing and rebounding around 98000. Prices quickly surged, currently touching the 10988 line, showing a significant short-term recovery and reclaiming most of the lost ground. Our bearish rhythm judgment has been accurate, with the current price of 99489 successfully hitting the short position.

Currently, the pattern shows that Bitcoin's 4-hour chart has formed a long lower shadow bullish candle with increased volume, indicating effective support below. After a strong bullish candle in the early hours, the hourly chart has encountered resistance at the middle track and is slightly retreating, reflecting that there is still pressure above. The overall structure has not effectively broken through the middle track resistance; this round of upward movement is a technical repair, and the trend has not substantially strengthened. If it cannot stabilize within the 101300-102000 range in the future, it is expected to return to the downward channel. Ethereum's pattern is similar, with the rebound constrained by the middle track, and short-term leaning towards the upper range of the consolidation.

In the morning, after Bitcoin's rebound to 101000-101500, continue to short, looking at around 99700.

Ethereum 2200-2210 short, looking at around 2270.