August just started, and the market is already shaping up like an inverted triangle! Even so, my outlook for August hasn’t changed. The overall trend will still be wide-range oscillation, with a maximum fluctuation of 10% around 63K. By the end of the month, the closing candle will likely be weakly bearish or weakly bullish, with little chance of major volatility. Right now, we’re once again testing the support near 62K. What’s strange is that the Nasdaq opened higher this morning without much drop, but bitcoin:native first went up and then fell, showing relative weakness. My overall strategy is based on the 10% fluctuation view: buy low when it drops significantly, sell high when it rises significantly, and absolutely no random trades in between!