The view remains unchanged; we do not choose to bottom fish here. The big coin can only be called a B-wave rebound now. We will continue to wait. If those who caught the rebound at 4000 points on the big coin congratulations to you, but currently, it seems that 112000 is not the bottom. ETH should at least wait for a second bottom to observe. This time, the ABC three-wave correction of the big coin has nothing to do with the month; it’s just that the market has reached this point. It’s not a matter of carving a boat to seek a sword. Every time we reach a key node, volume, price, and time will change. Of course, those who bottomed around 3400 yesterday may have made a good choice. After all, in a bull market, it is better to avoid shorting (I had given this pullback expectation at the 3400 position ten days ago), but if we look at the overall situation from August to September, if the Federal Reserve's interest rate cut in September has already been priced in, global capital has already priced in the rise of US stocks. Now, US capital needs to consider whether to price in the US economic recession. In the short term, there is at least a 50% probability of a pullback in demand. Furthermore, from the K-line pattern, a phase pullback of the big coin is necessary. The big coin and ETH still need to maintain faith. When we reach a critical point, we should go up if we need to, but here I choose to observe for a period of time. There are also some opportunities for short positions. A few days ago, I mentioned that Bitcoin assets can no longer be defined by bull or bear; it is sufficient to define them as crypto assets. There will definitely be buyers in the value depression, and a phase bull is enough.

There is significant resistance near 116000 for the big coin and 3650 for ETH. We need to stabilize here to form a reversal market. Near 168 for SOL, I usually look at trends above 20000 for the big coin and above 500 for ETH. I will also trade short-term, but short-term needs to be flexibly grasped. Balancing long and short positions is essential for continuous profit.