Observing the daily chart, as time slowly passes, the accumulated risks continue to increase. Coupled with the gradual downward pressure in certain areas, the level around 92100, viewed as a point for long-term shorts, shows limited room for rebound. In this situation, this level should mainly be treated as a defensive position for holding positions. If we observe levels of 4 hours and below, it can be clearly seen that the price has been lingering in a lower structure over the past 10 days. The internal levels have not only failed to show an effective repair structure, but the upper pressure band is also quite dense. Meanwhile, the rebound expectations brought about by short-term support shapes are extremely weak, and instead, one must remain vigilant for new daily level pullbacks in price.

Bitcoin: Short near 94500-94000, target 92000

Ethereum: Short near 3370-3390, target 3250