Today there are many things, so I didn’t watch the charts closely. I knew Bitcoin was going to enter a short setup, so I entered at 658. After returning to the office, I reviewed it—actually, the best entry points were 665 and 662. No way to avoid missing them.

Chongqing is getting heavy rain to bring prosperity and fortune—indeed, I have to thank the heavens for letting me make money.

Bitcoin has already broken below the channel and hasn’t rebounded. The support levels below are at 644 and 636. My personal view is that the support likely won’t hold; there’s a relatively high probability of a strong sell-off. A possible hawkish Federal Reserve could also be a factor. Although the Bank of Japan’s rate hike didn’t look very forceful at the time, there’s actually an undercurrent—capital returning is inevitable. I think there are still variables regarding US and Iran.

Tonight—at 2:30 AM—there will be a policy meeting. Then we’ll see whether I can go live and chat with everyone.

$BTC