According to the current market analysis, Bitcoin (BTC) has shown weak performance recently, failing to effectively rebound after breaking through important support levels, and is currently continuing to operate below the support level. Various technical indicators are showing a downtrend, and a daily downtrend has already formed. If there is no favourable information to stimulate the market, it may continue to dip in the future.

From the four-hour chart, Bitcoin has experienced a significant fall, completely giving back the previous gains. After a brief oversold reaction, the market is showing a fluctuating trend of alternating bullish and bearish movements, currently hovering in the low range. The divergence in the MACD indicator is intensifying, and overall it remains biased towards a bearish outlook.

In light of the current market situation, it is recommended that investors adopt a cautious strategy, considering short-term operations of shorting at rebound highs and covering at lows. Specific operational suggestions are as follows:

Bitcoin (BTC):
- Shorting range: around 116000-116300
- Target level: around 115000

Ethereum (ETH):
- Shorting range: around 3640-3670
- Target level: around 3550

It is important to note that the cryptocurrency market is highly volatile, and investors must pay attention to risk control, set reasonable stop-loss levels, and avoid excessive leverage. At the same time, keep a close eye on market dynamics and potential Favourable Information, and adjust strategies in a timely manner. Before making any investment decisions, it is advisable for investors to conduct thorough research and analysis, and make judgments based on their own risk tolerance.