#数字资产动态追踪 Wednesday Morning Market Outlook

The low-level long setup I mentioned last night has played out perfectly. Today, let’s continue to discuss the subsequent trading ideas.
From a technical perspective, the market has been oscillating within a large-scale range recently. Yesterday afternoon, the bulls attempted to push higher but failed to hold their ground, indicating significant resistance overhead. Over the past month, the market has repeatedly shown a pattern of "rebound — pullback — consolidation," clearly telling us: there is support below so it won't fall further, and resistance above that it cannot break through. Therefore, the key now is to avoid blindly chasing rallies or rushing to short, and instead exercise patience with a "weakness in the market but bottom support" approach.
Generally, major trend reversals are accompanied by intense volatility. However, the current slow back-and-forth movement is actually building up energy for the next move.
Considering the recent lack of momentum, the suggested trading approach is as follows: initially take light short positions at higher levels to test the strength of the key support levels below. Once the price truly drops to the support zone and stabilizes, then consider going long to catch the rebound and the subsequent correction wave. In simple terms: "first probe short, confirm support, then go long." This strategy better suits the current environment, which is somewhat weak but has a bottom that provides a safety net.
Specific suggestions:
Bitcoin: Take a light short position at the current price in the morning, leaving room for adding positions, with a target of 91,500.
Ethereum: Take a light short position at the current price in the morning, leaving room for adding positions, with a target of 3,100.