The daily chart shows a continuous decline, although there has been a slight rebound attempt to recover, the overall downward trend has not been reversed. On the four-hour chart, the bears still dominate the scene, with K-lines repeatedly hitting new lows and downward pressure continuing to manifest.

From the hourly perspective, the correction after the decline shows signs of improvement, but the MACD indicator's death cross has widened again, indicating that bearish momentum is re-accumulating. Based on this, the current rebound is likely just a brief respite within the downtrend. Once the correction is complete, the market will still face further downward pressure.

Bitcoin is positioned to short around 90700, with a target of 89000; Ethereum is shorting around 3110, with a target of 3000.