Today marks my 550th consecutive day of posting updates, with no breaks. Every post is prepared with care, not just rushed. [微笑] If you think I am a serious person, you can follow me, and I hope the daily content can help you. The world is vast, and I am small. Click follow to make it easier to find me. [微笑][微笑]

Bitcoin is now a game of heartbeat. After surging past 90,000, it quickly fell back to around 86,000. This recent market move wiped out $148 million in positions, with $109 million in short positions. The most terrifying level is at 85,000, where the liquidation chart shows dense clusters; if it drops to that level, the long liquidation strength can reach as high as $1.052 billion. Conversely, if it can hold steady above 88,000, the pressure on shorts upward is only about $371 million.

The main view remains to watch for range-bound oscillation, with an important support below. As long as it doesn't break below this support, there is a possibility of a rebound. If it breaks down next week, be prepared for the worst-case scenario. The worst case is falling below around 83,000 and then undergoing a 5-wave correction. At that point, it’s not the time for us to be accumulating; spot traders should not rush in blindly. Only after a clear bottom forms and the trend starts to move can we enter the market. Right-side trading remains the most reliable strategy.

Don’t think about eating the whole fish at once; be content and know when to stop. Overeating can lead to losses. Don’t aim to eat from the fish head to the tail; the risk is too high, and many people cannot control it well. Usually, right-side trading is the most stable strategy in the market—only eating the fish body, not the head or tail. Support today can be around 85,000.