Buying on pullbacks in Bitcoin and ETH remains the preferred strategy; don't miss out on the profits.

Chu Yuechen: Bitcoin/ETH Trading Reference (August 25) This round of price increases was driven by a combination of spot buying, ETF inflows, and short-selling pressure. On-chain data confirms the authenticity of the capital inflows. However, the psychological barrier of $80,000 is facing heavy selling pressure. Short-term funds are dominant, and contract open interest is high, so we need to be wary of the risk of a pullback after a surge. Last night, Bitcoin attempted to break through $80,000 again, and it came quite close, but unfortunately, it failed and has now slightly retraced. This should have been expected. There are two factors contributing to the pullback near this level: one is profit-taking by long positions at lower levels, and the other is the attempt by short positions. It's a normal psychological game. As I discussed in previous articles, going long on pullbacks is the preferred strategy. There are two possible entry points for short positions: around $80,000 and $83,000. Yesterday morning, we went long at $77,000, exited at $79,000, and went long again at $78,000 on the pullback in the evening. The two trades yielded a profit of over 3,000 points, which is quite good. I've also clearly felt that everyone's enthusiasm has increased. There have been significantly more people contacting me to trade together these past few days, which is a very good start. We're sure to achieve even better results in the second half of the year. Today, let's avoid aggressive trading and carefully manage our entry points, leaving ample profit margins. For long positions, consider two levels: around 78,000 (with a small stop-loss) and the 76,000-75,000 range. Place a stop-loss below 75,000, with the target still set at $80,000. That's all for today. We'll need to observe market changes before making any specific moves. There are many opportunities every day. If your trading isn't going well, if you haven't achieved your expected returns, or even if you've incurred losses, we can collaborate. See my profile for more information; it'll be much more effective than trading alone!