I was confused, is there still a pleasant surprise? Will it continue to fall?

It seems that Bitcoin has dropped below a certain level! The parallel bottom of 116,000 is likely not to hold, but as shown in the diagram, Bitcoin's box oscillation may change, the last hope is at 113,500, it looks like we can try to go long here.

Yesterday afternoon, Shu Qin told everyone to short near 119,000, and the market gave you two opportunities to enter, both times close to this shorting point, those who should have gotten on board have probably done so.

When I woke up today, I saw that it had dropped more than we expected, which can be called a pleasant surprise. The short position I opened at 120,000 in the middle of the month has not yet closed, and I expect to take profit when Bitcoin's RSI approaches oversold, which we talked about in Wednesday's video.

I want to emphasize again, extreme greed will be present, and extreme panic will not be absent, this is another round of wealth redistribution, August and September are the traditional off-season for Bitcoin, and October will set sail again. Can you seize this opportunity?