Market conditions change rapidly, trading is all about the present moment, sing whatever song fits the mountain you're on. The current market is in a precarious phase, entering a counter-trend moment, which requires us to be bolder in our actions. Since Bitcoin broke the zero axis on the daily chart, we face a new operational choice. In the next two to three weeks, we will see a bottom rebound phase, aiming to break through the upper level of $106,000, which is the upper boundary of the daily descending channel. This level will trigger an epic rise in the third wave, and in three to four months, Bitcoin will reach a bottleneck, hitting a peak state of a bull market. If you can't hold on in these months and make bold choices, if you have a very large amount of capital, say $10 to $20 million, you might opt for a more conservative strategy. However, if you have around $2 to $3 million, I believe you can be bold in your operations. At this point, it's about luck and courage.

Recently, the market capitalization of stablecoins continues to evaporate, and Bitcoin spot ETFs are showing a state of outflow. This is the first time in months that we've seen such a continuous outflow over several days, which raises our caution. Currently, the fear and greed index remains at 73%, and Bitcoin's rainbow chart still indicates a phase for considering dollar-cost averaging and buying. The increase in Bitcoin wallet balances indicates that some people are selling Bitcoin, which is why we say the current market is in adversity. Don't be fooled by the strong rebound; it is merely a washout action. After the rebound, it will still come down, and then continue to rebound again. If you trade by shorting at highs and going long at lows, that will work. When opportunities arise, I repeatedly remind you, in every session I remind you. If you still don't understand, there's nothing I can do; just keep watching until you do. That's all for today. #灰度提交Horizen信托文件