Update $BTC on August 4:

- D1 Frame: BTC recovered strongly yesterday from 1118xx - 1148xx and continues to rise around the 115k range today. I caught this recovery of BTC accurately and informed the team since yesterday, thanks to that all Long ETH - BTC orders have been profitable. I also advised the team to temporarily exit all around the 1149xx range, okay team?

The D frame is still in a downtrend.

Support: 111-112

Resistance: 115 - 117

- D2-3-4 Frame: All D2-3-4 frames are being pulled down very quickly towards a downtrend. This is a very bad signal. Therefore, I advise the team to exit all positions around BTC 1149xx to wait for new signals.

The likelihood of BTC continuing to go down is very high.

- W Frame: The W frame is still in an uptrend; however, last week's candle closed very poorly. The current strong support area is around 112500. If it breaks, BTC could drop another 4-5k in price.

=> Assessment:

• BTC is at the intersection of many large and small frames, making it very difficult to assess.

• However, the market outlook for a decline in the first half of August has been communicated to the team early. Therefore, it is highly likely that BTC will continue to drop deeper this week before officially rising strongly again to create a new ATH.

• For now, I have advised the team to take profits on all Long orders during this wave and continue to wait for new signals.

• Detailed plans are updated regularly in the thread. Wishing the team success.