In the high skies of these two waves of Bitcoin, fans observing the mountains and rivers should be able to see them. The downtrend of the two waves has also been precisely grasped; there should be plenty of space for these two waves!
But now is not the time to pop the champagne; it is a critical juncture for calm review and continued bearish outlook. The Fed's dot plot suggests only one rate cut within the year, the marginal tightening of US dollar liquidity, and the valuation ceiling for risk assets is moving lower;
Spot traders continue to observe, don't be hijacked by the slogan of 'new highs after the halving'—bear markets often see sharp surges, while bull markets frequently experience sharp declines. The true bottom always appears after everyone has fallen silent;
The feast for the bears has not yet ended; patiently wait for the next main course, shorting around 118200—118800, with targets at 116000, 113200, and 111800! $BTC