On Wednesday midday, Bitcoin experienced a rebound after an early morning correction and is currently testing the 92,500-93,000 range repeatedly. From the 4-hour candlestick chart, there have been two consecutive bearish candles, with MACD and KDJ indicators both pointing downward, indicating that the bearish momentum is still building.

From a technical perspective, this rebound appears to be more of a trap. The 93,500 level can be considered for short positions, with a target down to the 89,000 area. Before entering any trades, remember to set stop-loss levels based on your own position size and risk tolerance to avoid being caught off guard by sudden reversals.

Ethereum is currently following Bitcoin's lead and does not have any particularly independent signals. In the short term, it still depends on Bitcoin's movements. The market is in a hesitant phase right now, and patiently waiting for clearer directional signals would be a better approach.