8-18 BTC Weekly Analysis of Ideas

On July 18th, I shared the idea that the market would rise to around 125,000. Although it did rise, I believe many people were unable to seize the opportunity last week due to such market fluctuations. The reason for the sharp rise and fall in the market, in my opinion, is the news of interest rate cuts in September and market sentiment leading many retail investors and whales to lay low at this stage. However, the big players will definitely slam the market hard; this is something everyone can think of, and the big players can see it too. I have also communicated this point to my students.

To get back to the point about this week's market, the weekly K-line has closed with a bearish reversal. At this stage, there will definitely be many people continuing to think about positioning for September or bottom-fishing. However, whether for the sake of controlling coin prices or from the perspective of market manipulators, it is certain that the market will not be allowed to rise too high before September. Overall, the outlook for this week is bearish. Here are some reference points for short-selling targets: 112000 110500 108500.