The market experienced a clear correction during the early hours. Bitcoin faced resistance around 91,400, then dipped to around 90,500 before finding support, and subsequently rebounded. Ethereum followed the trend, reaching 3,138 before encountering resistance, then falling back to 3,087 to stabilize. Overall, the volatility is not significant, and the market is still testing repeatedly. The previously bearish short-term outlook has already played out quite a bit, and currently, it remains in a weak, oscillating state. Moving forward, follow the trend—short when appropriate, buy when the market rises.

From the four-hour chart, after three bullish candles, the momentum has noticeably weakened. The price is still trading below the middle band of the Bollinger Bands. Although there is support below, multiple attempts by the bulls to break through have failed, indicating that buying strength has not yet caught up. The short-term decline is not fully complete; this is a process that requires patience.

The daily chart provides a clearer picture. After a series of consecutive bullish candles, there are now three consecutive bearish candles, indicating that the bearish momentum is still being released. Even though each bearish candle has long lower shadows, suggesting some bottom-fishing activity, the overall weak trend has been fully established. Even if there is a rebound later, it will be just the last gasp of the strong force—essentially a corrective move within a downtrend, not changing the overall direction. The trading strategy is clear—continue to be bearish, and trade short accordingly.

Specific suggestions: Bitcoin can be shorted around 91,500 with a target of 89,000; Ethereum can be shorted around 3,150 with a target of 3,030. Timing is crucial—don’t rush to bottom-fish; wait for clearer signals before taking action.