Both long and short positions are favorable for Bitcoin and ETH. Congratulations to those who followed!

Chu Yuechen: August 18th Bitcoin/ETH Trading Reference. The current market is in a weak rebound pattern – technical oversold correction combined with short-selling pressure is driving the price up, but there is a lack of sustainable driving factors. On-chain data shows that exchange supply is recovering, ETFs are experiencing continuous outflows, and liquidity is low, indicating that the supply and demand balance is biased towards sellers in the short term. $65,000 is a strong resistance zone, and if it breaks below $63,200, it may retest the $62,000 support. Pay close attention to the impact of this week's White House crypto conference and CFTC meeting on regulatory expectations. Overall, the rebound is not strong. The long positions we opened below $63,000 over the weekend were closed this morning, yielding a good profit of over 1,000 points. A small short position can be attempted between 64,300 and 64,500, with additional short positions added at 65,000, and a stop loss at 65,500, targeting the 63,000-62,000 range. ETH is also being traded in parallel: a short position near 1920, targeting 1850, with a stop loss at 1960. For further communication, please join our group chat. I will promptly remind those who have followed my trades. Our overall returns in August have been very good, as those who have been following us closely should know. The market has also been quite cooperative, consistently fluctuating between 65,000 and 62,000. This type of market is relatively comfortable to trade, offering sufficient profit margins with minimal risk. We're now halfway through August, and we've already gained over 10,000 points on Bitcoin. Congratulations to those who have consistently followed! In the second half of August, let's keep up the good work; another 10,000 points shouldn't be difficult! For medium- to long-term positions, we shouldn't be impatient. I believe there will be another significant downward reshuffling to maximize fear levels before the next upward move can begin. Therefore, patiently wait for the opportunity. I will promptly remind you to plan your medium- to long-term positions. Those who want to follow me can check my profile for more information!