In the one-hour timeframe, the price quickly pumped from the lower band to near the middle band, followed by a long upper shadow and a significant narrowing of the body. This pattern clearly reflects that the upward momentum at high levels has noticeably weakened, representing a typical "oversold repair and resistance fatigue" signal. The subsequent market retreated to the middle band area, entering a sideways consolidation, with bulls lacking continuous upward attack strength, and the rebound rhythm significantly slowed down, confirming the strong selling pressure above and exposing the insufficient willingness to absorb below.

Overall, the current trend is more inclined towards a rapid rebound followed by high-level stagnation and a topping process, rather than a structural trend reversal. The short-term market shows a weak repair pattern with a lack of strength in upward movement.

It is recommended to open short positions near 93000 and 93800 for Bitcoin, with the first target at the 90000 level, and if it breaks, extend the target to 88000; for Ethereum Classic, enter short near 3150 and around 3180, with the first target at 3050, and if it breaks down, look down to 2860.