Today, you should be seeing BTC over 70,000 for the last time this month.

Just now, BTC on the hourly level has broken down through the 30-day moving average, and on the 2-hour level has broken the upward trend line, touching the middle Bollinger Band. This is a bad pattern. It indicates that bearish forces are increasing, with motives for downward selling.

From the perspective and mindset of the market makers, they do not want a direct drop today, as it would be detrimental to their overall monthly K-line pattern. The market makers' layout. Price movements have cycles.

Currently, it seems that BTC should retrace to the 5-day moving average and then continue to consolidate for two days, forming a high-level fluctuation that confuses those expecting it to rise to 80,000, creating a pattern that seems it cannot drop further. Honestly, sometimes, you shouldn't trade at special positions, especially since many people like to take a gamble at this position with a short-term long. Little do they know, as long as you relax a bit, have a drink at night, and go find a technician for a massage, forgetting to set a stop-loss. Thinking that the next day you can use the margin from going long to cover your losses. But when you wake up the next day, a big bearish candle might scare you into never recovering.

I have repeatedly advised against taking long positions after BTC reached 70,000. I have only suggested reducing positions on the way up and looking for short opportunities when seeing a coin's pattern at a high level. Is it a bit stubborn, or is the betting nature too large?

The news from outside is changing every day. A few days ago, I thought Trump was almost guaranteed to win the presidential election, but after looking at more information and analyses recently, I began to waver. It seems Harris now also has a chance to win the election. Many who support Harris are mysterious family organizations, political veterans, and real tycoons. In contrast, it seems Trump only has Musk running around. Perhaps behind the scenes, there is more competition and fighting that we cannot see.

However, one thing is certain: regardless of who wins, a big drop is inevitable. It's just a matter of time. When BTC reaches 70,000, many capital and interest groups have already made a fortune. Even if it continues to rise, it won't be absurdly high. Sideways consolidation to attract retail investors to chase high and take over positions, distributing chips, should be the task at hand. Going short on BTC around 72,000, I hope everyone holds for two weeks to see, because I am also holding; if we lose, we lose together, if we win, we win together; just don’t slap me in the face if we lose. $BTC