The cryptocurrency circle is really painful. It's no good if Bitcoin goes up, it's no good if it goes down, and it's no good during sideways fluctuations and dead times. Because there are always people trapped and missing out. A few days ago, it was already reminded that the downtrend has ended. The market has started to reverse.

Starting this week, Wall Street's holiday is over, returning to normal working hours, and the retail investors are also back. Just a reminder, on September 1st, the US stock market will be closed for trading, mainly because of the death of former President Carter; the US still has this tradition. A day off for a deceased president.

I have always said that this correction in the Nasdaq is a technical correction, a bubble squeeze. With Trump's rise to power, the stock market surged and flourished. Recently, there has been less news about Trump, which should mean he is sharpening his knives in secret, preparing to take a group of people for a cut. Canada Goose, Dongguo, and Sanpang will probably not have it easy in the future.

However, Trump's buddy, Musk, has been quite busy lately, even meddling in British domestic affairs and elections, which is not so good. Although Super-man is invincible, it's easy to dodge an open attack but hard to defend against a hidden one, and one cannot ensure that there won't be a mishap one day. Overconfidence leads to defeat, and the strong can easily break. Don’t push it too far; my Dogecoin still needs to reach $1 before we talk, okay?

Currently, from a daily chart perspective, BTC's moving averages are in a bullish arrangement, the price has effectively broken through the lifeline, and a bullish trend has formed. Although it is currently in a consolidation zone, as long as it breaks above 99,500, it will continue upward, challenging the previous high.

If there is a correction, it shouldn't be too deep. It’s best if there’s a spike downwards; the support below is around 96,200-94,500-92,500. Remember, if there's a correction, dare to get on board, or the train will really leave.

On the four-hour level, it has effectively broken through the range at 98,500, and the MACD is indicating upward momentum, with a continuing upward trend. Moreover, on the four-hour level, the volume is increasing, and the pattern looks quite good. At this time, I can only say, I don't recommend chasing highs, but for altcoins, it's good to place orders in advance, praying for a spike down to get everyone on board. Those who missed out are now kicking themselves.

On the three-day line, looking at the pattern, the bottom is rising. As long as it forms an upward momentum again, it will accelerate upwards. A one-sided market will continue.

Dear partners, please do not short altcoins recently, okay? You can go long on corrections. If there's really another opportunity to dip, dare to get on board. Is that okay? $BTC