#美国政府关闭 This wave of rebound on Wednesday is essentially the last lure for the bulls.

It has been clear since Monday that the long-term bearish window has opened. The rally on Tuesday to around 107,000 was the best entry point. The technical signals have been evident for a while—the market structure has been turning bearish since the beginning of the month, and any decent rebound should be treated as an opportunity to offload.

At this point, the right-side signals are very clear. Don't ask whether to buy the dip; before strong support appears, everything is just risking blood on the edge.

The current strategy is simple:
Hold long-term positions steady; the first target is 99,000. Conservative traders can reduce some positions around 103,000.
For short-term trading, consider short positions in the 104,000-104,500 range, with a target of 100,500. If it truly breaks below 100,000, then consider trying for a rebound.

Market patience is most tested at times like this. Those who didn't profit in the bull market still have opportunities to recover in the bear market. $BTC $ETH We are now at a critical juncture; the future direction will be revealed by the market itself.