$BTC has arrived near 112000 again. Right now, I don't really want to enter. Objectively, the highs of the Bitcoin (大饼) have been consistently decreasing, and tonight's volume is not as high as last night or this morning. Therefore, I think a better entry point would be if there is more volume closer to the 112000 position, or if it breaks down and then returns with volume back to 112000.

Subjectively, because the altcoin (二饼) is too strong, the altcoins have not dropped much this week. I feel that the current drop in altcoins is far from enough to shake people out. If the market is too heavy, it will be difficult to see significant gains after interest rate cuts. So, subjectively, I believe the market will inevitably face a deeper correction in August. However, subjectivity is not as important as objectivity, and if there are trading logic conditions that align, one should still proceed with the trade.

Right now, I can't help but want to enter directly, but there are just three situations: First, if it goes up, I will take another position; second, if it goes down, I will increase my stop-loss a bit; third, if it breaks down and then recovers, I will have to wait for it to wear down before re-entering.

$ETH is just one view: if Bitcoin stops dropping, consider finding other varieties to go long. Opening Bitcoin is likely not as good as going long on altcoin, as objectively, in the past two days, altcoin has been stronger than Bitcoin.

$SUI If anyone is paying attention to this variety, it is also a viewpoint. Sui's 3.3 is about the same as Bitcoin's 112000 threshold. If it touches or drops first and then immediately recovers with volume, there are many people willing to take action here.