Good evening everyone, I am Chicken Father.

Today I placed two short positions, one short on JTO at 2.91, and got stopped out at 3.03. One short on CATI at 0.449, and I will prepare to take profits soon. I actually shorted JTO at the 2.8 level yesterday as well, and got stopped out at 2.9. I won't touch it for now; I've already gone back and forth with this coin a few times, so I'll just consider these two losing trades as giving back to it. Moreover, I probably won't trade JTO anymore this year, as I have already sold my spot at 2.88, and I tend to pay less attention to coins I've already sold.

The reason I am specifically posting this short message is that in my recent comments section, whenever I say it's possible to attempt going short, there are comments saying “fuel.” I think going without stop losses is fuel, but with stop losses, it can't be called fuel. If it can’t blow me out, whether I am betting on a short-term pullback or a long-term bearish outlook, to put it simply, it’s all a gamble, it’s an attempt, what does that have to do with fuel?

In addition, there have always been people asking me to recommend some altcoins. I particularly recommend $TIA , which is at a long-term low, but if you look at it on a weekly level, the volume has been continuously flowing in. I mentioned this coin in someone else's chat room once, just a few days ago. My cost for TIA is 4.7, and I set a sell price at 6.8.

Besides TIA, I think $1000SATS and $FET also still have relatively high potential for catch-up gains. Then there is ONDO, which I also expect to see significant recovery.

To be frank, currently, it seems doge should still rise. I sold at 166, and it seems I confirmed I sold too early, but I have no regrets.

Currently, all my spot holdings, since Ethereum surged above 2800, are only ton and not in a loss state. I entered ton at the beginning of July, when Binance had not yet listed ton's spot, so I went long with a 2x contract, and I still have significant losses, which is quite frustrating. Logically, I should recommend ton because of its good narrative, good technology, good prospects, and long-term low prices, but since I have been stuck with this coin for nearly half a year, it feels inappropriate for me to recommend it to you.

Regarding mainstream coins, I will post the weekend's analysis tonight. I have almost finished writing it, but I found I can't let it go, and I think these points are also quite important, so I'm writing an additional short message. Overall, my expectations for Bitcoin in the coming month are roughly as shown in Figure 3.