On the daily chart, the candlestick has continuously formed multiple patterns with long upper shadows, encountering strong selling pressure from a dense trading area above. Each time the bulls attempt to break through key resistance levels, the bears quickly sell off, pushing the price down, making it difficult for the price to achieve an effective breakout in the short term. On the 4-hour chart, although the MACD's downward momentum has not completely exhausted, the overall trend shows that the price is still within a short-term downtrend channel, and the downward trend has not been effectively reversed. The short-term bearish dominance continues, and the short bearish market is likely not yet complete.
Bitcoin: Short around 95,500. Short-term target 93,500.
Ethereum: Short around 1,820. Short-term target 1,750.