If $BTC closes the monthly candle below 58K - September collapse is real.

Looking at the BTC daily frame, it seems like waiting for which side has more Long Shorts and then doing the opposite.

You keep hesitating for a few K and then the price goes back to normal, but it's enough to make most#Altcoinsretest the previous support zone.

There's only 1 day left until BTC closes the monthly candle, everything is quite stable at the moment. However, I'm a bit worried if BTC closes the monthly candle below 58K.

We can easily see - in the past, if the monthly candle body closes below the EMA line of the following month, it's mostly bad and tends to continue to decrease.

The best scenario is that today you go up 6x and close the monthly candle there. At the beginning of September, you can decrease or sw, then go up at the end of the month like the last 3 months, add the combo #fed interest rate reduction so that the financial market in general and crypto in particular can return to the uptrend, then there will be no more sauce.