Today is September 23rd, BTC price: 113030 The market experienced a flash crash yesterday. No matter what, we have to accept the fact that the big bearish candle has disrupted the structure. Although I don’t think it will drop much (since this wave of growth is limited, the downside space is also limited), it will still take time to recover. For those who prefer going long, wait a bit longer—wait for a divergence or oversold signal. For those who prefer shorting, you can use the rebound to play some short trades. Be patient for 1-2 days, and don’t listen to those saying we need to fill some $80K or $90K gap or whatever. That’s nonsense, and anyone who’s been saying that over the years has been slapped so hard they’ve lost their teeth. Back to the chart: Yesterday, we drew two ladder levels—first ladder and second ladder. Currently, we’re hovering around the first ladder. BTC had a second dip this morning, followed by a small rebound in the afternoon, which shows this area is still in a tug-of-war and needs more time to observe. Bottom-fishing can be considered when the 4-hour MA250 is broken again, or if it continues to dip to the second ladder near 107000. Offline, our strategy is always conservative—don’t rush it and don’t let your trades become passive. Let’s wait together for a bullish candle.