Yesterday's market,

On the edge of life and death, trembling, life and death pressing.

Some have already seen 70,000, while others opened shorts at the bottom.

The candlestick chart always confuses people,

But these are what the market makers want you to see.

I mentioned a few days ago,

On the weekly level, BTC has not seen a massive outflow of funds, I am certain this wave of bull market is not over yet.

And indeed, Powell helped,

Last night released a rate cut signal, BTC surged in response, countless shorts were wrecked.

I looked at the candlestick patterns myself, on the 1-hour level, I immediately reminded everyone to buy at the bottom.

Although this wave indeed won. But at that time, amidst widespread panic, when everyone was crying out in despair, I did have a bit of a gamble.

I also said, as long as BTC does not effectively break below 112,000 this time, I will still be a bullish trader.

To my fellow bulls, I have not betrayed the party and the people, I am still holding our fundamental stance, bulls will never be enslaved.

In fact, the Federal Reserve has turned dovish this time, Trump really used both soft and hard tactics, constantly grinding, coercing and enticing, with frequent dirty tricks, if they don't cut rates soon, the U.S. government won't be able to hold on. The previous round of tariff maneuvers, squeezing money from various countries, is not enough to cover the interest on U.S. debt.

A rate cut in September is almost a certainty. The market is expected to rise significantly and continue for a while.

Currently, from the daily candlestick pattern, there is a large bullish candle rebound, with significant funds entering to buy at the bottom and support the market. The MACD shows a golden cross, indicating continued rebound demand. However, it faces resistance at the trendline, and there is a need for a short-term pullback. Recently, I do not recommend shorting; since the direction is upward, we should continue to aim for upward breakthroughs. It is recommended to focus on buying on the pullback. Currently, the support is near 112,000. After the pullback, it will continue to rise.

On the 4-hour level, there is a strong upward movement; buy on the pullback near 115,100, add positions at 114,500, stop loss around 114,000, target near 118,500.

On the weekly level, as long as the previous high of 112,000 is not broken on the pullback, the bullish trend remains intact. It is recommended to continue holding coins bought at the bottom earlier. Focus on buying on the pullback. Currently, it should be in a sideways oscillation market.

That's how it is, in despair, the market reverses. This round of bull market is not over yet.

What we see is always what the market makers want us to see, whether it is candlesticks or external news. What I can do is always go against the emotions. $BTC $ETH