If BTC falls below the 110,000 mark before the end of the month or before September 4th, the short-term buying position will be in the range of 107,450 to 106,666. The room for a pullback is very limited. Many people seeing below 100,000 are too subjective and do not support this view. Because if it falls below 107,000, this round of the bull market will be over, which clearly does not conform to the current market logic. Although the interest rate cut in September is currently an undecided option, there is no clear data showing that there will definitely be no rate cut on September 18th.

Look at it step by step for the safest approach. In the short term, one can only see more clearly when they have moved a certain distance; if you look too far ahead too early, even if you are ultimately correct, 99% of the time it just means you guessed right. After all, there are always opportunities to go long or short every day, and this has nothing to do with you seeing BTC drop to 80,000 or 60,000 every day, nor does it have any practical significance. You are not a market maker, let alone an institution; the market changes rapidly, and you must know when to hit the brakes.