Filecoin, BTC, it is now more than 3:00 a.m. in China Eastern 8 on October 2. Today I will share with you the weekly trend of the market of fil and Bitcoin. The large-scale K-line allows us to analyze the future market more rationally in combination with fundamentals. Recently, A-shares have risen sharply, the Federal Reserve has cut interest rates, and large capital has moved around. There is a high probability that liquidity funds will move in the stock market. Let's take a look at the monthly and weekly lines of Bitcoin, forming a downward flag. There is a possibility of falling below 40,000 U and entering the 30,000 U range. Fil combined with the market drive of Bitcoin, there is also a possibility of falling into the 2.8 range in the future! From the 1st to the 7th of this week, the weekly line of fil has dropped to the deepest position of 3.441, and will fluctuate between 3.4 and 4 in the next few days. In the next cycle, from the 7th to the 14th, it may reach the 3.1 range. The possibility of Bitcoin rebounding upward is also small. Fans who are long on Bitcoin should remember to wait patiently for the overall market to fall into the 40,000 U range. The same is true for fil, and the possibility of breaking through 4.337 is also small. The overall focus is on shorting at high levels. That’s all for today, I wish you all a happy National Day!