September is a thrilling month. For a whole month, the strategy has been spot on. Last week, I even set up a short position at the highest point, predicting a drop to ten thousand points. Now, the price of Bitcoin is around 6,000 points, truly a stroke of genius. Do you remember? Friends who come later can check it out. I'm not saying this to show off, but rather to help those who are struggling in the market to gain better insights and avoid unnecessary detours. The September million turnover plan is recruiting, sincerely looking for a dedicated analyst who trades with heart.

Returning to the charts, the four-hour technical chart shows that the K-line price continues to decline, even forming a breakout pattern. Now that it has dropped halfway, it has already lost nearly 6,000 points. In the previous article, I mentioned a long-term bearish outlook for ten thousand points, and now it has already dropped halfway. Regardless of whether the final trend falls to that level, this wave of long positions has been perfect. The accuracy of the thought process can be seen in the above chart, so there are still signs of further declines, with the attached indicators showing a continuous increase in bearish momentum.

The current pullback has just begun. The K-line has closed with a bearish candle, forming an engulfing pattern, so returning to the previous low is just a matter of time. Throughout the day, I will continue to focus on a bearish outlook around the rebound. Reference the 113100-113500 area to continue shorting, looking at around 107000.

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