August 28, and the crypto world has really got Sun Yuchen—absolute dominance in terms of traffic. He’s made headlines by basically doing a “refund request without hassle” for the entertainment industry yesterday, and it directly blew everything up. As for whether Bitcoin is currently in a distribution phase—everyone should watch how it behaves around the previous high point: is it churning up and down repeatedly, and then forming hourly-level bearish candles with volume? If the price instead prints bullish candles but with shrinking volume, that works too. Through this incident involving Sun, one point is clear: beauty is worth nothing compared to money. And in an indirect way, it shows that traffic matters more than money. A top-level billionaire with a net worth of $8.5 billion just used a few lines of text to “tug at people’s attention” and get everyone buzzing and widely sharing it! So to sum up: in today’s society, traffic is the key to making money. That’s also the answer to the question the classmate asked the host in a livestream the day before—how can ordinary people make money?
The meeting is tomorrow. The US dollar index is rising, and gold is falling. This logic the head of the office mentioned—it matches our judgment. A strong dollar is paving the way for payments.
Bitcoin isn’t dropping; instead, it’s also rising along with the US dollar index. This was something I mentioned separately this morning—an overlooked point the head of the office at the time didn’t consider. For Bitcoin, doing digital payments is basically good news for its “ancestor,” so a strong dollar doesn’t necessarily have to affect it immediately and push it down.
So it’s made us go analyze the market—so frustrating. It should have been a pullback, but it isn’t.
🟢 Next, what Wosh says may cause Bitcoin and the US dollar index to rise together, gold to pull back, and stocks to pull back as well—what a weird pattern. But the question is: will Bitcoin keep rising all the time? Because recently Bitcoin has already been the focus of the financial markets. A strong dollar is the real key point. The focus just needs to be seen—and used for what it’s meant to be used for!
August 25, Bitcoin has surged to 80,000. We’ve always been hoping there would be a pullback, but this correction isn’t large—about 2,000 points or so. For the current market, it’s more like a minor adjustment. Yesterday, a classmate said that in the crypto market, a small-probability event might happen with a higher likelihood. Under this kind of minor adjustment, could there be another rise? 🟢 If it drops, on the technical side, the 76,600 level that the analyst mentioned must be broken down—if it’s decisively broken, then there would likely be a larger pullback. 🟢 If it rises, as shown in the hourly chart, this top box range: 80,150 must not be a fake breakout. It should be a substantial breakout; after that, it can pull back and then continue upward. The market must not fall below the box’s midline at 77,900. Which probability is higher? Honestly, it’s better to wait for clearer breakout signals—especially since the price reached this level on the 21st and today is the 25th. It’s been churning for several days; the later it gets, the more complicated it becomes. If you don’t break out and you keep opening trades recklessly, it’s easy to end up suffering losses.
On August 24, the Bitcoin weekly candle closed above the EMA60 in the West. Last week, a massive bullish spike candle directly pushed into the midpoint of the top model on the left. Next, we still need to see whether this can pull back again. 🟢 Today is also a turning-point node. It doesn’t necessarily mean a crash is required; it’s more like a reminder for us to be careful—today and tomorrow could bring market action. Generally, in high positions, the move is most likely a pullback; it’s rare for prices to keep surging strongly from high levels. So the advice is: first, watch whether support on lower time-frame moving averages and trendlines will break.
Since Bitcoin and Ether have been rising these past three days, the first death cross on the hourly moving averages has formed—this is what the video director discussed today. Everyone, take note: the market is currently undergoing an appropriate exhaustion-and-correction phase; the strong rally has stalled.
On August 21, Bitcoin closed at 8 p.m. There was absolutely no sign of a bottoming out. Not even on the hourly timeframe did it show any reversal—it's been moving steadily upward along the EMA7. We reminded everyone last night that if 72,450 couldn't be held down, it might move higher. Today it seems it couldn't hold it and only pulled back slightly. If it moves higher again, then the two key levels at 75,000 and 76,600 come into play. If it can get through those, then 80,000 is next.
This move is being attributed to the rise in U.S. Treasury yields. The Ministry of Finance’s share buyback has doubled as well—what we discussed yesterday about that guidance. Now it looks like ETF inflows over the past couple of days have been very large. So has Bitcoin in this phase been suppressed for long enough to continue its sustained rally?
Take a look at the funding rate. The sentiment among traders currently chasing longs is still quite strong. In this kind of situation, the big players don’t even need to push the market aggressively themselves. They only need to hold it back slightly at key levels, and then it can continue higher—for example, 72,450 from last night.
Also, students who are trapped in positions should pay attention: don’t randomly average down at the wrong times. For those who haven’t opened a trade yet, don’t go opening shorts out of nowhere unless you reach the key level!
Bessent’s remarks include the following, which are all positive for gold. Everyone should pay attention: first, it’s more than 4 billion. The long-term bond market is currently in a very bad state. Everyone can see that interest rates have risen again, which indicates that the market isn’t buying the narrative. The Ministry of Finance has indeed taken a position, but there isn’t enough real money. Second, relations with Iran still cannot be eased. Then for gold, that’s also positive.
Gold XAU, before, I told everyone that 4523 here is the Fibonacci 0.618 pressure point. Last night, good news pushed it to this level, but this morning it got stuck here and slowly retraced. Next, let's see whether 4415 has any reversal support. Personally, the most important pressure point for me later is 4680.
Liquidity Here, Ushu Technology. This funding fee is also ruthless! Most people in the market think this price is inflated, and there are more users opening short positions. Have any of you participated in Ushu Technology today? Within 12 hours, according to liquidation data, Sandisk is first and Ushu is second. While I’m typing this, it dropped by 123. I think it should be about time—should I try it? ctm
Which classmates look better? Bitcoin went up, and Director wants to use another Bitcoin to get a motorcycle ride! Listen to reason—should we buy or not? Last time we bought a Mercedes, and the jokes from everyone ruined it. At the time it was definitely trendy, and we lost a ton. This time, give Director some advice and he will definitely listen!
$UNITREE 📣Attention division heads, today he didn’t upload a video. His throat is inflamed. Then I spent the whole day looking up information related to Unitree Technology. My personal bias is: is a market value this high a bit inflated? I previously saw Unitree robots too, and their sales didn’t seem all that great. It’s the same logic as SPX— you expect very good things, but once it goes public, it needs performance and results, not just expectations or showcasing a few robots doing various actions. Today, Wang Xingxing didn’t look very happy. 🧐 If we take a conspiracy-theory angle, is there a logic where you do the work and someone else makes the money? 🥲 Recently, no matter the finance world—stocks, the crypto circle, or the bond market—things haven’t been going well and there hasn’t been much of a hot topic. Then suddenly, a hotspot appears and attention gets focused. That’s when the “bagholding” greenhorns show up. If it were you, would you be happy? 🟢 This is only the division head’s personal bias—just treat it as entertainment. In an environment where the founder isn’t particularly good at creating traffic and IP, focusing only on the storefront doing technology, it’s also a bit hard to continuously generate liquidity. 🟢 This is quite different from DJI and InfiRay. With those products, we can afford them on an individual level—unless tomorrow robots cost 5,000 yuan each. The division head has bought various DJI cameras, but you want me to spend tens of thousands to buy a robot—I find it hard to accept. 🟢 If you look at it from this dark angle, could this行情 drop gradually as the hype cools off—maybe even get cut in half? ✍️ Of course, this analysis isn’t saying you should immediately go in and short it to death. According to the price action, it will definitely mark a high and a low. If the low gets broken but the high can’t be reclaimed, then once liquidity decreases, a prolonged sideways-to-down drift may present an opportunity!