The obstacle above is unchanged by the rebound. Glassnode data shows nearly 8% of Bitcoin's $BTC ‌supply was acquired between $80,000 and $82,000 — the largest concentration at any comparable range — with the US spot ETF cohort's average cost basis in the same band and the 50-week moving average at $81,081. Bitcoin reached $82,284 last week before the pullback, and the golden cross confirmed Tuesday after a run from $62,000. Four prior crossovers since 2021 produced the same pattern: the bulk of the rally before the signal, a pullback after it. Clearing $80,000 to $82,000 requires absorbing the densest supply in the market. A 2.68% daily gain does not accomplish that.#AugustCoreCPIBeatsExpectations #GateTop4MainstreamCEX #GateMeme

After missing the first wave of the decline, I did not chase the short. I waited until $SUI rebounded to around 0.7630 and clearly weakened before entering the short, avoiding repeated wicks at a key level. After entry, it moved sideways for a while, with no sign of the bulls taking the initiative to counterattack. The hourly moving averages gradually converged into a bearish alignment, while each rebound reached a lower level than the previous one. Before the moving-average structure turned bullish, I chose to continue holding the short. The actual drop came faster than I expected, followed by a continuous grind lower after breaking below the range. I first took profit on 80% of the position, held the remaining 20%, and ultimately closed it all out around 20%. The end of this trade only means the target was reached; it does not mean the bottom is in. If SUI fails to reclaim the previous high, I will continue waiting to short the rebound. Holding the key zone firmly would indicate that the bearish structure has broken down, so I would exit and stay on the sidelines. $BTC $ADA

Core CPI rose 0.3% in August against 0.2% expected — the single figure in the release that missed, and the one that annualizes to roughly 3.7%. Headline came in at 0.4% monthly and 3.4% annually, both in line, with core at 2.4% year-over-year, also in line. Three readings matched and one came in hot. A market that spent Thursday selling off through a soft core PPI print might reasonably have sold this harder.#AugustCoreCPIBeatsExpectations $BTC ‌$GT ‌