From the early hours of today, the market shows that both Bitcoin and Ethereum are exhibiting typical weak consolidation trends.

Looking at the four-hour chart, after continuous declines, there are signs of a slight rebound, but this rally is clearly weak. The bears still hold strong control; although the price has temporarily stopped falling, the overall downward trend remains unchanged. There is still room below to open up, and the overall trend is still downward.

On the one-hour level, after bottoming out and oscillating, there seems to be some attempt at a bottoming process, but don’t be fooled. In an environment dominated by bears, such rebounds are often false signals or even trap setups. The current rise should be seen as a brief respite during the decline, not changing the bearish control.

Therefore, the next trading approach is very clear: maintain a bearish mindset, don’t rush, and wait until the rebound loses momentum before taking action. If the price encounters resistance at key levels during a rebound, that’s a good shorting opportunity. As always, follow the trend, don’t be fooled by rebounds, and patiently wait for the bears to continue their dominance.

Specifically, consider short positions around 91,500 for Bitcoin, targeting 89,500. For Ethereum, consider shorting around 3,130, with a target of 3,050.