Give the market some time, what time? Time for retail investors to buy the dip. If you don't buy the dip, who will bear the cost of the subsequent decline?

Hello everyone, a new week begins, and it's a brand new month. Friday was the closing day for Bitcoin's monthly chart. The hunter provided a strategy to short repeatedly after breaking below 109500. From Friday to the weekend's specific market fluctuations, I wonder if everyone has grasped the significance of the word "repeatedly." To put it simply, I never follow the market's fluctuations; instead, I predict the market trajectory in advance and then choose when to act. Long before the Federal Reserve's interest rate decision was announced, I clearly told everyone that the overall trend for Bitcoin is downward, but this decline will not be a straight line; it will be accompanied by strong washouts, and it won't easily give a one-sided trend. This means that the strategy and trend must resonate with each other.

Here, I must mention again the strategy we discussed earlier: the market will decline in October, but it absolutely cannot break below the weekly bull-bear line, which is at 106000. Looking at the market after last week's Federal Reserve interest rate decision, the lowest point was 106200, so precise. It seemed that a gentle push could break it, but it still held the bottom support and continued to wash out upwards. At this point, I was actually ecstatic because this is exactly the situation the hunter wants to see. This means that in November, we can wait for the break of the bull-bear line and take the absolute top short position. This batch of continuously added short positions (112300 short, 111500 short, 109500 short) will no longer bear the risk of being stopped out by short-term washouts. When you no longer have to bear risks, doesn't that mean you have enough confidence to hold long-term?

Now, let's talk about today's market. After last week's closing of the May line, the entire weekend's market repeatedly tested the support above 109500 and confirmed it before rebounding upwards. At six o'clock in the morning, it briefly broke below 109500 before rebounding again, and then it was a straight drop. Currently, the market is hovering around the 108000 level. Now you understand the significance of my statement about shorting repeatedly after breaking below 109500, right? I knew this damn market wouldn't let the bears enjoy it so easily. The more it doesn't let me enjoy it, the more I want to enjoy it because your actions have already exposed your intentions. The subsequent trend is a one-sided decline; the back-and-forth washout is just to prevent us from holding our short positions.

Over the weekend, you repeatedly tested the support around 109500, confirming it before rising again. On one hand, this is to lure in more buyers, and on the other hand, it prevents short positions from entering. Early in the morning, you swept in a wave to chase shorts and then dropped straight down. Now the market is in a middle position. Even if retail investors realize that the market is starting to decline, they are afraid to chase shorts because the 106000 level is the weekly bull-bear dividing line. This support is right there, and they fear they might chase it down to the floor, with limited space and amplified risks. I admit you have successfully created a fear of chasing shorts in the market, but your intentions have also been completely exposed. Now is the time to test courage; now is the time to chase shorts. Don't be afraid of the floor. I've talked so much about the breaking of the weekly bull-bear line, including the timing of the break, the specific performance of the break, and the rhythm of the washout before the break. Now everything has been confirmed one by one, so what is there to worry about? We're just one step away from crossing this mountain at 106000, and once we do, we will take the epic top short. Why hesitate at the last moment? Act, act, act!

Current price is around 108000-108500; go short directly. Let's not talk about anything else; set your stop loss at 109500. Whether it's the current short position or the previous top short, pay attention to your take profit, which should be a dynamic take profit. You need to constantly observe the specific performance of the break at 106000.

Situation 1: If the market hovers and oscillates around 106000, then all short positions should continue to be held. This is a market for trend shorts, and the subsequent explosive volume will be very considerable. It can be said with certainty that the subsequent trend will be a one-sided decline, so the top short is established, and there is no need to set any take profit. Your subsequent thought should be to keep adding positions during the decline, not to reduce positions or take profits.

Situation 2: If the market does not form oscillations around 106000 but chooses to break down directly, this could be more troublesome. We need to see the strength of the decline after the break. If the break is only around 1000 points, it can still be held. This kind of break is meant for another washout later, but it does not affect the bearish trend. Essentially, it is to clear out the chasing shorts that prevent the break. However, if the break's downward strength exceeds 2000 points, for example, down to 103000-104000, this situation will certainly make the market's bears rejoice and make you feel happy. But it is precisely this situation that is likely to lead to a strong reversal after an overshoot, so don't hesitate. If this happens, run immediately and close your positions.

Follow for more updates; the hunter will take you on the fast track.

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