Do not blindly believe in any existing theoretical system and use it to subjectively guide your actions. The only thing worth believing in is continuously testing externally, obtaining valid feedback, improving the tests, and then revising the theory. Valid feedback means that external energy has been input; in a free market, put simply, someone is willing to pay, and the money has already arrived. $BTC ‌

8.31, Monday, BTC, good evening everyone! Recently, the market pattern has been very clear: after pushing higher, it falls back to test support, and this has become the norm. Every time a wave reaches a new high, it is basically followed by a pullback. However, the highs keep rising! Last week’s weekly candlestick closed with an upper shadow. After the surge in volume, the upward momentum weakened somewhat, but the bulls still have expectations of filling this upper shadow. The short-term market has now entered a consolidation period, with prices likely to move back and forth in a tug-of-war. It is important to understand that this is merely a pullback and consolidation within a bullish market, not a reversal into a bearish trend. The pace of the rise has only slowed down, while the overall direction remains unchanged. The weekly and daily chart patterns still have the momentum for another push higher, so the overall outlook remains bullish. Go long at 77500‑77000, with a target around 80000. #Gate首发上线日股交易 $BTC

$BTC has been showing signs of a breakout. one to watch