Today's Foreword: I originally planned not to update over the weekend, but this morning, while scrolling through short videos, I came across many celebrity-certified financial bloggers chatting about the market on various platforms, and I felt like sharing my thoughts with everyone. You might often see phrases like "as long as it doesn't fall below xxx, the market will continue to rise," "if it doesn't break through xxx, the market will continue to fall," and "although the general direction is south/north, we still need to guard against it breaking through xx, or the market is about to reverse." This reminds me of a saying: all Western theories are useless; they are intended for the unidirectional market of NASDAQ. Big brother, you cut interest rates on the 19th, and you say the downward trend is weak; you should be looking for new highs? On the 19th, you got a wave of 4-hour level seven Yin true scripture, and now you want to look for a pullback? If pi could be divided, if there really is a creator, if there really is a four-dimensional space, then K-lines would always exist; we just cannot see the K-lines of the future. Everyone's fate and all their operations on this market data are predetermined. The higher the cognition, the richer the experience, the further into the future one can see. Have you noticed that whether it's long term or short-term, many of your decisions, the visible take profit points, and the visible stop loss points are often quite accurate? This reflects the collective mindset of most people. So why do we see it clearly but can't hold onto it? This is the human nature that most people cannot overcome. Therefore, those so-called "teachers" who can't accurately predict the big direction should be blacklisted. Let me emphasize once again: K-lines exist in the world; the subsequent trends are fixed; we just cannot see the timeline as three-dimensional beings. Please don't criticize me for being materialistic.

#btc
To get back on track, let's talk about why I suggested everyone short at 117900. First, there’s no doubt that the weekly level is bullish, right? Now, let’s assume the pullback on September 1st is in place. Can 117900 break directly through 125000? Since it can’t break, is it likely that Bitcoin will oscillate between 117900 and 107255? You say you can’t see 95k or can’t hold it, ok, but you can hold the lower end of the range, right? Let’s say you entered a position at 115000 on the right side, can you hold it down to 105000? So I say this position is a short, and currently it’s the third leg of a daily level decline. If the third leg doesn’t break out (doesn’t go to 95k), then the probability of range oscillation is greater than that of a direct new high. (Just bored and drew you a short-term chart.) As for Ethereum, I'm not discussing it right now; I mentioned that currently, we’re not shorting Ethereum and should wait to buy at lower levels.

Then for short-term trading, don't look at the levels in my article! I just randomly drew the lines!