Completion, the heavens do not follow human wishes.

The world is full of twists and turns.

BTC, the direction chooses to go down.

One cannot say that the bull market is over, but it may go back to test the previous high again.

Now is the time for another gamble, the calls for the Federal Reserve to cut interest rates,

have calmed down these past few days.

Whatever it is, doing trades cannot rely solely on the current perspective to view K-line patterns.

Wall Street is all premeditated, operating in reverse to retail investors.

Trump has not been talking about the economy these days.

One day he is cozying up with Putin, planning to divide Ukraine; after all, Ukraine has ties to the Russian bloodline, inherently tough as diamonds.

No matter how Trump schemes or coerces, I personally feel that Zelensky cannot compromise. No one wants to be nailed to the pillar of historical disgrace in their own country. Losing rights and dishonoring the nation, ceding land for peace. Carrying the shame for millennia.

However, the Russo-Ukrainian war, after so many years and numerous talks, ultimately ends in unhappy separations. In fact, Ukraine understands Russia's true nature; only by uniting the nation's strength and fighting to the end can they achieve true peace.

These past few days, negative news should be frequent; without harvesting the leeks or acquiring bloody chips, how can there be another explosive rise after the Federal Reserve cuts interest rates?

Stay steady, stay steady.

Currently, from the daily chart perspective, MACD has crossed down, indicating a need for further testing; with the trendline support being broken, the situation is indeed not good. The moving averages have crossed down. Before a spike occurs, it is advisable to remain observant and not enter the market temporarily. Support is around 112000.

On the four-hour level, there’s a volume drop without a spike; temporarily do not go long. Unless there is a spike afterward. The short-term direction is chosen to go down. Therefore, this wave must capture liquidity. It is advisable to go long at 112600 and add positions at 112000. Stop loss around 110000.

On the weekly level, it has broken the upward trendline; the current situation is not very optimistic. However, the previous high of 112000 has not been broken, and the large cycle bullish structure remains intact. One can consider entering near the previous high. Altcoins can also be bottom-fished near the previous high.

The bull market has not ended.

You can be worried but do not despair.

The manipulative actions of the market makers, I personally believe that the probability of an interest rate cut in September is very high.

Don't be afraid, near the previous high, key support, enter in batches.

Do you want the last wave of chips? $BTC