The line is closed, and the daily chart has formed a perfect bearish candlestick. If tomorrow’s close breaks down below 680, the perfect bearish pattern will be completed and confirmed with 3 4-hour and 12-hour K-lines. I have reason to believe that the “5-figure” biscuit is about to arrive.

Of course, it’s possible that Bitcoin could surge straight to above 717 today. After all, there are too many short positions down below; if it’s going to drop, it also needs to go up first and clear out the shorts. It just depends on what the big players decide to do!

At the same time, the time to estimate when the U.S. dispatches ground troops has also come. Let’s see whether this week will get things moving. Why do I persistently and firmly believe that the U.S. military will act? Global oil prices have risen; the party with vested interests is the United States—it’s an exporter. The countries in the Middle East also benefit. If oil prices are allowed to drop just like this, and the U.S. deploys so many troops, the losses would be tens of billions to hundreds of billions—who will make up for it?! Who will pay for the money for Trump’s midterm election?!

Last night, during the live broadcast, I was short at 69480. It fell to 684, and I closed part of the position to secure profit. I’ve set the stop-loss and take-profit, waiting near 673. At least I’m not losing money.

Overall, I’m bearish. If it rises, resistance is at 704 and 717. Downside support is at 679, 673, and 661. Thanks to the market for following my prediction and letting me eat some meat. If it drops even harder, I’ll turn it back—making back the loss and then some!!! $BTC