BTC may continue to fall next week, targeting 110000 dollars.
Technically, the weekly upward trend is weakening, entering a period of fluctuation with insufficient demand; the monthly line is facing pressure. After two consecutive weekly bullish candles, if a large bearish candle engulfs them, or if it breaks the previous high after consolidating and quickly falls back, these could all be bearish signals.
In terms of the market, if the "Great Beauty Act" is implemented, the issuance of U.S. bonds will withdraw about $486 billion in liquidity (equivalent to about 15% of the total market

I still remain bullish on the medium term, just a pullback for a short-term consolidation.

I have held onto the long order I set up last night without making any moves. The liquidity was a bit poor over the weekend, and for those without orders, they can swing trade within the range of BTC 112800-114000 and ETH 3440-3530. Personally, I prefer to go long on low pullbacks. Last night's one-sided fall has cleared a lot of liquidity below, and the pullback is still an opportunity to go long 📈.
The current market structure is still upward on a larger scale, with no small breakouts on the 4-hour and daily levels, and it has also recovered. The cost-effectiveness of short positions has de

The downtrend of the US Dollar Index has formed.
Regardless of how this thing moves in the middle, the depreciation of the dollar is an inevitable trend, and it has already begun in recent years. I highly agree with Ray Dalio, the founder of Bridgewater Associates, regarding the judgment on the depreciation of the dollar. No matter how the short-term and medium-term movements go, they cannot affect the long-term depreciation. The depreciation of the dollar is beneficial for US stocks, cryptocurrencies, gold, and commodities.

The recent market is bleak, with no trends and no fluctuations. It's a back-and-forth loss, and many people are expressing that they are losing money.
It is clear that we are currently entering the range of adjustment waves. During this adjustment, the market is strange. It might be a good idea to take this time to improve oneself and learn something beyond trading.
What I want to share today is my insights on position management:
Position management is primarily about three key points:
①Clear Stop Loss
② Reasonable Profit and Loss Ratio
③ Smaller capital withdrawal
So what we can do regarding

August is really good like this, allowing those who are unbalanced in their hearts to slowly move towards balance, and letting those who are shaken no longer be shaken.
The clown has quickly carried the order back, just as last night's September interest rate cut was raised again, from 69.2 to 82.2.
If subsequent inflation data shows a rebound in inflation with some stickiness, Powell will face the dilemma of whether to save the job market or to save inflation.
Moreover, according to Powell's past philosophy, he will definitely prioritize inflation, and if the job market truly "collapses", it

The pullback is still continuing, the US Non-farm Payrolls (NFP) created a bull trap, and we are gambling on a long order at the key level on the 4-hour chart.