Currently, looking at the 4-hour chart of Bitcoin, a clear downward posture has formed, and the bearish candlestick has continued to the west. The K-line rebounds and the bearish candlestick directly plunges, indicating a super selling trend. There is no rebound in a strong manner, and the K-line is consistently bearish while also showing upper shadows. The moving averages continue to maintain a downward trend. Short positions are advisable, and if there is a slight rebound, continue to short!

The morning trading strategy is to short directly between 98000-98500, with a target of 96000.