The daily chart shows Bitcoin closing with a doji candlestick, and the overall rebound strength remains weak. It has been mostly in the lower half of the box structure, with a top at 94,500, a bottom at 84,500, and resistance around the 90,000 level. Currently, the market is consolidating within a narrow range! Ethereum continues to close lower, still operating in the lower half of the box, with a top at 3,320, a bottom at 2,770, and resistance near 3,030. It is also consolidating within a narrow range!

On the 4-hour chart, after Bitcoin broke below the support at 88,000, which was built during the recent sideways consolidation, it has been oscillating downward. Today, it touched this level and then pulled back under pressure. There is still some room down to the bottom at 84,500. Although Ethereum has pulled back, it has not broken below the support at 2,920, which was established during the recent sideways phase. A break below could see it drop toward 2,770!

Currently, the market is under pressure at the middle resistance of the box structure. Multiple attempts to break through have failed. The high-level short positions established yesterday are currently in profit. Future operations suggest shorting at high levels!

Trading ideas:

Short Bitcoin at 88,000-88,500, targeting 87,000-86,000, with a stop above 89,500;

Short Ethereum at 2,950-2,970, targeting 2,880-2,780, with a stop above 3,010;

Strategies are time-sensitive; specific guidance will be provided privately in real-time!