Old Vine Summary:

At the end of the month, fluctuations are amplified, and whale sell-offs and forced liquidations are the direct triggers for the recent pullback; funds are short-term rotating from BTC to ETH, making ETH appear relatively strong.

Operational Discipline: Light positions with low leverage, strict stop-losses, and phased accumulation in support zones; focus on buying the dip for spot trading, and short-term for contracts, avoid holding losing positions.

Key Time Point: September 18th FOMC Interest Rate Decision — Before this date, volatility and liquidations will continue, and only after the results are announced will there be a clearer direction.

I will continue to gradually build small long positions at support levels; if the direction is correct, hold; do not chase highs or add to positions against the trend in the short term.