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Approaching the monthly close, there will be a complex oscillating contract-killing range here. After the monthly close, it might dip slightly before going up, but it will still perform a fake move. Mainly, if it doesn't hold around 80,000 and breaks below, it should still be a bullish trend. If it breaks and doesn't recover, I will do a detailed structural assessment in the live broadcast.

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Live broadcast at 10 PM tonight as usual. The break below 85,000 continued a short bearish phase. Where will the small structure in the overall uptrend find support? After Ethereum broke below 2715, where will the small structure's pullback end before continuing to rise? See you tonight $BTC $ETH

The biggest possibility for $ETH right now is that there won't be a significant pullback until it reaches $3000 to let more people get on board. If a major pullback happens, it should be above $3000. It will be another short squeeze rally, doubling from $1500, then starting to pull back, waiting for people to FOMO in before beginning to trap them. What are your thoughts?

Is a pullback still possible? Can it still drop further for a bottom-fishing opportunity? This is a concern for many who missed out. I can say that it's very unlikely there will be a major pullback here to let people get in. Think about it: this time the rise was very rapid, almost no pause between 68,000 and 74,000, which caught people off guard. So those trying to do high sell and low buy in these ranges also missed out, those waiting for October to act missed out, and those waiting for the final drop also missed out. Many are too anxious to chase now, so a vast number of people who missed out are waiting below to catch the next move. Expecting a big pullback to pick up a huge number of people who missed out? Clearly unlikely. Some are even still waiting for a 30,000-level start, so I don't think a big drop is coming. There should be some pullback below though. $BTC $ETH

So many unusual movements in Ethereum, what's going on? It could be that institutions are staking ETH to borrow more stablecoins but don't want to sell ETH. They are transferring nearly $1 billion worth of WETH into the Aave protocol as collateral to borrow more USDT! Most likely, they are buying more ETH, so this behavior strongly indicates that institutions are very bullish on the market outlook. Or large funds believe there is still room for price appreciation here. In summary, I think institutions believe there is still upside potential. They are using loop loans to hold large long positions in ETH. Of course, institutions are building positions, and in the short term, they will clear liquidity and stop-loss retail orders back and forth, which needs attention! $BTC $ETH

I was absolutely convinced at 60,000 that it was a major bottom because every logic supported me going all-in on spot at 60,000, then betting that if it broke, I'd eat 💩. That night, watching it break down, I knew I was slapped in the face, which was very embarrassing for me. For the sake of the show, I prepared some curry and ate it live, otherwise the haters would definitely keep chasing me. After eating, I said: Anyway, I went all-in on spot at 60,000, time will prove who is right. The market has now reached the current high near 87,300. I know I am right, it's just that the main force forcibly faked a break below 60,000 to hunt longs at that integer level. Now I can be sure the bull market has already arrived, and it is still in the hesitant upward phase. I have said those waiting to bottom-fish in October will definitely miss out, and that has proven true. The bull market arrived earlier than before, and perhaps it will end earlier too. Rules and patterns are meant to be broken. $BTC $ETH

The bear market should be over, 60,000 is the point for you to go all-in on spot, for those who missed out, just wait for how long it takes for a three-stage drop to give you the last chance to get on board $

85000 didn't hold steady, right? You guys are so excited, it was just a touch. Overall, the market is watching to see if the bearish trend will continue next week. The market being hit from both long and short sides is quite tough, so be careful $

Afternoon temporary live broadcast for a while, brothers who can't watch the live can watch the replay, wish everyone a happy Mid-Autumn Festival