Bitcoin has not experienced much of a pullback these past few days, yet many people calling for a major drop have been numerous. Although many coins are in pullback, they had all risen before, and now they are just completing the pullback of those previous gains.

Overall, the weak coins have not broken the low point of August 5, while the strong coins are continuously raising their bottoms, which is a sign of strong bullish behavior.

Whether it's Bitcoin or Ethereum, the overall trend context is a bull market, and Bitcoin is in a mid-cycle consolidation phase of the bull market.

Ethereum is in a pullback during a bull market, and the decline has stopped. The major pullback has ended, so what is there to worry about a major drop?

Currently, the competition between Trump and Harris has entered a heated stage, and many are starting to worry. But what is there to worry about? Regardless of who is elected, it will only affect the short-term market trend and not the overall trend. This is also the reason I mentioned observing in the short term yesterday.

Why does it only affect the short-term trend and not the overall trend? Just look at the market. Bitcoin is encountering the pressure level formed by previous highs, initiating a consolidation phase, but the overall weekly trend belongs to a new round of upward trend; there are currently no signs of a major drop.

Looking at the ETF fund inflow situation, the massive inflow of funds is not something ordinary retail investors can achieve; only institutions have such strength.

The market trend over the past six months resembles the main force building positions, but retail investors feel like they are experiencing a rebound drop, leading to fear and reluctance to compete with the main force for chips, which is exactly the effect the main force wants.

The main force took 7 months to build positions, and the positioning is now nearing completion. Once the accumulation is complete, there will inevitably be a rally; we are just waiting for an opportunity for that rally.

After the election, there will be a monetary policy meeting, which is the opportunity. Regardless of who is elected, the trend will not change significantly; no one can alter the trend.

These are not hearsay or speculation; they are derived from analyzing market trends after learning the Qianlong battle method. The market trend is always the most authentic and can be reflected in advance.

When the main force starts to rally and the market begins to rise, all doubts will be shattered, but by then, the price will have already risen, and entering the market will mean chasing high.

Panic comes from the unknown. When you can understand the essence of market movement, you will naturally not panic.

The above analysis represents personal views and does not constitute any investment advice.