Wednesday Market Review: Bitcoin showed a stair-step decline intraday, facing resistance around 93,743 in the morning, and dropping to a low of 90,987 in the evening. Ethereum's performance was synchronized, falling from a high of 3,301 in the morning to 3,142 in the evening.

From a technical perspective on the four-hour chart, the price successfully broke through the middle band support, establishing a triple moving average turning point pattern. The MACD remains below the zero line with the histogram continuously expanding. The KDJ indicator's three lines are all below 50 and maintain a dead cross. These signals all suggest the possibility of continued bearish volume. Turning to the hourly chart, after testing the middle band resistance and falling back, the Bollinger Bands are clearly expanding outward, with the price short-term operating within the middle and lower bands. The 90,000 level below is a key observation point.

From the rebound rhythm, several intraday rebounds encountered resistance at high levels and retreated, indicating selling pressure still exists above. In the short-term strategy, it is recommended to consider short positions at rebound highs.

Operational suggestions:
Bitcoin around 92,000~92,500 can consider short positions, with targets focusing on breaking through the 90,000 level.
Ethereum around 3,200~3,220 can consider short positions, with targets looking toward 3,070.

$BTC Continued attention is needed to whether these two levels can be effectively broken. A break below will further confirm the continuation of the bearish trend.