Today is August 29th, BTC price: 111740. Yesterday, I worked hard to write a long post: First, I advised you not to chase longs—the daily chart still hasn’t shaped up well. Second, I reminded you that when opening positions, you need to account for margin of error. Third, the likelihood of BTC continuing to dip further is very low. Especially for the second point: when opening positions, always pay attention to the timing margin of error. Don’t go all-in with high leverage recklessly, especially since BTC’s price is still below the 4-hour MA250. Prioritize defense. (Check the video for details.) As for the trend, although BTC’s price is above the 5-day line, the direction of the 5-day line hasn’t turned upward yet. It’s only slowly correcting and hasn’t fully stabilized, but the chances of a major crash with high leverage are basically low. The good thing is that strong coins haven’t fully followed BTC’s movements yet—they’re performing better than BTC in terms of trend. So, when opening positions, it’s a good idea to go long on some altcoins with stronger breakout potential while BTC is pulling back. Finally, let me emphasize again: margin of error, margin of error, margin of error. Below the 4-hour MA250, don’t even think about going all-in with high leverage. Once the trend stabilizes, you can sell your wife and buy a house to go all-in—I won’t stop you then.