8.14 Big Cake 63800-64000; Qing Cang Ting; target 63000/62200
Around 63000, watch for consolidation/absorption; defend 62700; target 63800.

After a sharp 1H drop, there’s repair/recuperation. In the 63000 area, clear absorption has appeared. The short moving averages are starting to turn upward, but overhead pressure remains at 63550-63800.

The CPI/PPI gives the market some breathing room, but what we truly need to guard against is a sudden geopolitical news shock. If the situation around the Strait of Hormuz flares up again, price action can expand volatility at any time.

At this position, I don’t chase. I’ll wait for a pullback to enter; if it breaks down, I withdraw.

9 years of trading—I’ve seen too many market moves.

Opportunities are never afraid of waiting; what’s scary is using up your bullets before the opportunity even arrives. $BTC
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