While I was away using the restroom, the candlestick chart had already wiped out my losses for me. A few days ago, I entered $MAGMA at 0.17163 in the early hours. The key level held, but the bottoming process was so grueling it made me want to delete the app. Now it’s at 0.51853, with +3989.33% secured—the gains feel great. The market is waited out, and profits are held onto. Staying out of the market isn’t a crime; opening positions recklessly is the mistake. Take 80% off the table first, and move the stop-loss on the remaining 20% to breakeven. For those who haven’t gotten in yet, take it from me: now is not the time to rush in. Wait for the next shot—I’ll call it when the signal appears. $XRP $ETH

🔥【8.29 BTC Review】The 80k level has been lost! The Fed’s one sentence triggered a thousand-point plunge—are the bulls panicking? --- 📊 Yesterday’s price action: Rally followed by a sharp pullback and brutal shakeout · Surged to 81,281 in the morning, a new three-month high, then abruptly reversed lower · Broke below the 80,000 psychological level, hitting a low of ~76,900 · Ultimately closed at 77,700-77,900, down approximately 3% for the day 💥 Trigger: Waller’s hawkish remarks sent rate-hike expectations soaring · The probability of a rate hike in September climbed above 60%, while U.S. Treasury yields jumped · Risk assets retreated across the board, with the crypto sector following; SOL and XRP both fell more than 4% · BTC’s correlation with gold rose to 50%+, and although the safe-haven asset narrative remains intact, it is still under pressure in the short term 📈 What is supporting the bulls? · Spot Bitcoin ETFs saw $1.14 billion in net inflows this week, with cumulative inflows exceeding $3 billion over the past nine days! · The medium-term moving averages (50/100/200) are all below price, keeping the bullish structure intact · The “digital gold” narrative, combined with U.S. Treasury debt surpassing $40 trillion, leaves the long-term scarcity-asset thesis unchanged 🔑 Key levels · Support: 76,500-77,000 (critical line); 75,000 (stronger) · Resistance: 79,000-79,500 (short term); 80,000-81,000 (pressure zone) 💣 Liquidation data · Total market liquidations reached $380 million, including $308 million in long liquidations and only $71.93 million in short liquidations · When Bitcoin fell below 77,000, $200 million in long positions were liquidated within 60 minutes—the bulls suffered a brutal wipeout 🧐 Outlook · Galaxy Digital research: In the past five bear markets, the bottom was confirmed in four cases after the first upward breakout of the 50-week moving average · If 76,500-77,000 holds and a volume-backed rebound occurs, the medium-term uptrend will continue · Crypto figure Jiang Zhuoer has sold half of his ETH holdings. Can BTC stay out of trouble? Will you buy the dip or stay on the sidelines?

I was just about to go to the forum and rant, but then I saw my balance. Forget it—the market is always right. While everyone else was running, I kept my eyes on the chart and held my ground. The key level wasn’t broken, and the bottoming sideways action has been getting more solid by the day. I’ve seen this structure too many times. The long signal came in, and I entered at 9.352. Back then, some people even laughed at me, saying I was catching a falling knife. Now it’s 11.429, +1577.74%—feels damn good! It was truly sluggish at first, but once it broke out, it was truly sweet. A word on position management: take 80% off the table first. Nothing feels more real than locking profits in your pocket. Raise the stop-loss on the remaining 20% and let the bullets fly a little longer. Don’t let profits inflate your ego, and don’t despair over a pullback. For those who haven’t gotten in yet, take it from me: chasing now is just lifting the sedan chair for someone else. There will be more opportunities later. Wait for a more comfortable entry in the next round, and I’ll give you a heads-up right away. $XRP $BTC