August 13: A-Tai has been making his way through obstacles and is charging towards historical highs: the last madness of the bull turning into a bear?

Let’s talk about A-Tai first. The A-Tai ETF has seen inflows of nearly 2 billion dollars for six consecutive days. This continuous influx, combined with institutional involvement and various favorable factors, has allowed Ethereum to break through recent highs like a rocket. It is now just a step away from its historical high. Looking at the weekly and monthly charts, there are no signs of the bulls reducing their strength. In the previous videos, I've always mentioned that whether the bull market ends depends on how Ethereum performs. I'm glad to have always been a loyal believer in Ethereum. I even mentioned during last year’s live stream that I believe Ethereum will reach 10,000 dollars, but it needs time to accumulate rather than breaking through directly. Many brothers ask if Ethereum will reach 10,000 by the end of the year. To be honest, the chances are very slim, but in the future, it will definitely exceed 10,000. If Ethereum breaks through its historical high, the next target will test the 5150 level. If it breaks through and holds there, it will then aim for 5800. From my personal perspective, I believe this round's high point is unlikely to exceed 6800. As usual, we should hold our positions based on our lowest point for at least 10 years, and when we look back, we will be grateful for our current selves. Anyway, what’s inside is all lR, so there’s nothing to fear. Compared to Ethereum, Bitcoin's inflow is relatively low, causing Bitcoin to oscillate around 112000. I’m not very optimistic about Bitcoin here; my lack of optimism doesn’t mean I’m pessimistic about the future, but rather that I won’t have high hopes for this round of the bull market, nor will I easily go long on Bitcoin because the technicals are leaning towards a top divergence pattern. This is why I say we need to wait for Ethereum’s rise to end before the bear market gradually arrives. The daily chart showed a second attempt to break above resistance two days ago but did not hold. The key position right now is whether it can hold above 112000. Only if it holds can it continue to push against the trend line's resistance. If it doesn’t break and hold, there will still be a need for a pullback. Both the daily and weekly charts are lacking in volume. It’s best for non-professionals not to touch contracts, as the fluctuations are large, and it’s advisable not to move unless you can secure your positions. For Bitcoin, I think short-term operations can be around the 118000-120000 range.