Wednesday Morning Market Analysis and Trading Ideas

Last night's movement was quite volatile — Bitcoin rebounded from the low of 91,209 to around 93,806 but then lost momentum and dropped again. Ethereum also followed its big brother, rising from 3,180 to 3,299, then also correcting downward.
Interestingly, the strategy I shared in the early hours was completely validated: Bitcoin accumulated long positions in the 91,500–92,000 range, and Ethereum in the 3,200–3,220 range, and the market moved as expected! This demonstrates the advantage of focusing on key support levels.
Looking at the current chart, after testing the previous high, prices are starting to face pressure, and the overall pattern is a typical range-bound consolidation. If the key resistance levels above still cannot be突破, then the market will likely continue to oscillate within this range. In this scenario, taking small short positions near resistance is a viable approach.
Specific trading suggestions:
**Bitcoin**: Consider short entries around 93,500–94,000, with targets near 91,500
**Ethereum**: Short around 3,280, with targets around 3,200–3,180
The key is to manage risk carefully. During range-bound periods, small positions are recommended—avoid over-leveraging.