The 40 billion sell-off pressure in Mentougou welcomes a turning point. The repayment of the 140,000 BTC arrears approved by the Tokyo court will be extended for another year. It has been 9 years since the Mentougou incident in 2014. I wonder if those customers who lost about 750,000 BTC at that time still have the patience to wait for the repayment day? 
This is also why we have always not recommended everyone to play in small exchanges and risky projects. Recently, JPEX was described as a "big-scale network financial fraud (ZP) case," so we have always reminded not to play in small exchanges or be cautious about any movements in large exchanges. How much you earn depends on yourself, but if the platform disappears, there will be nothing left. This is also one of the reasons why we have not encountered a major crisis or crash in B⭕ for so many years. Is it not good to have continuous and stable wealth growth within the scope of cognition?
In short, most of the historical trends in September have been declining. From 2018 to the present, they have generally started to decline in mid-August. In 2021, after rebounding from 519 to around 50,000, it was also a good time to rest for about a month before getting back in. Just a little experience sharing from a small investor.
Bitcoin
Yesterday's closing was a doji star, indicating a continuation of the downtrend. The two-day line is a strong sell signal, indicating a bearish outlook. There is still about a week left in this month. Even if it falls back to around 24,900, it is not the best opportunity for me to enter. I will only consider a large fund speculation for a one-way rebound opportunity if it falls below or retests the weekly MA60. This aligns with my prediction of the second half of the year's trend since 8/25. We will continue to update and analyze.
Ethereum
The probability of further pullback for Ethereum is higher. It's better to short at high levels than to bottom fish casually. If the weekly MA60 support cannot hold, pay attention to the support around 1400 near the uptrend line since 881 on the weekly chart. After a short-term oscillation adjustment, it is expected to continue to fall below 1530.
If you like my views, please like, comment, and share. Let's go through the bull and bear markets together!!!
The article is time-sensitive and is for reference only, subject to real-time updates.
Focus on candlestick technical research, win-win global investment opportunities. Official account: Trading Master Fusu
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