*? btc - Bull Market's setup*For those who didn't open a deal in previous times - we may have brought the best twex in #short , the decision is definitely yours, @AlomaVentre and I are in position and increased the volume.

Opinion hasn't changed, weak jump to 300$, and everywhere else is already positive, let's wait for 1d close and see how positive it will be there.

The key level is still 34000, yesterday we couldn't close lower, the probability that we will close it lower on the weekend is high, let's see.

In my opinion, we are in a very comfortable phase of the market, nobody believes in growth, there are no fomo's, ETF's have already been accepted with one hand, geopolitics is a mess, the dance of potential black swans is a great distraction, rascorrelation with the stock market etc..

So I think the spot should be held, there is absolutely no need to move.

But this does not mean that the market will be simple, it will be maximally irrational and inadequate, also the worst alts of the 10th echelon will fly away, ETF ticker will be added and removed 10 times a day like yesterday, etc., but those who will adjust to this inadequacy and will earn the most.

In the nearest days I will publish a new game-plan, which I hope will be as perfect as the last one, ❤️‍? - if you are waiting.

*? btc - Chao Jang's analytics*I don't change my opinion on the local situation with #btc, locally we need a cold shower and most likely without sharp dumps, so that every small decline provokes to open #long , which will end with a stop or liquidation.

At $35000 there were good tweaks for entry point into #short, and in principle everything above 34000 should be a good tweak, the main support is at $33000, below that there may be acceleration and some more aggressive dump.

For now we continue to consider only downward movement within the local situation, but on alta as I said it can affect only super-locally, "slowdown" of any of bitcoin directions now, for alta it is a great opportunity for dump and liquidity entry.

*? btc - Chao Jang's analytics*Absolutely nothing is happening, volatility is shrinking into an elongated thread, positions specifically on #btc should not be opened before testing the upper or lower boundary of the flat, but I'm still waiting for a decline.

There are about 2 weeks left until the official SEC response on ETF applications from BlackRock, VanEck, Fidelity and others, I think they will postpone and postpone, the first date is September 2, this will be constantly manipulated and create volatility in the near future.

Like I said above, there is something to do now only in viola, all the recent buys are taking place, they are #sui, #lpt and #rune, also kind of starting to unfold #rif, worth a closer look.

*? btc - Chao Jang's analyticsI still believe that we are at the local top*, so we do not leave attempts to open a large #short deal with increased volume, we try not to enter at once with a large size, and increase it when moving into the profitable zone.

Locally the main resistance is 29500-29600, we may still move towards 29800, but I would not bet on it yet, but use the current levels to open a deal, we have already opened a new #short, so far with standard volume, but if the situation changes, we will increase it.

The main targets, I remind you, are at 28000, a little bit of flatness and it's time to continue the decline, boring boring flatness with a downward trend is still here.

But if suddenly we somehow break the range of 30000-30500 and consolidate above, the scenario should be reconsidered towards the beginning of a reversal and the emergence of a new uptrend wave.

*? btc - Chao Jang's analyticsMoving according to plan, slowly but surely down towards 31000*, the series of hourly candles looks very bearish, so far everything is also looking down.

With @cryptonomy_finance we continue to hold #short which we gained at the very top, fixation is out of the question, we haven't seen a normal downward movement yet.

If we consolidate under 30000, we will absorb all yesterday's daily growth and the bulls will be very unpleasant, the picture will immediately change from neutral and uncertain to permanently bearish, then we can start diving under 30000.

*? btc - Chao Jang’s analytics*

Very high quality move, read the move beautifully, took both the weak muv up and the whole move down, so far everything is in favor of the bears.

4h reversal, 1d reversal, jewelry exit from the wedge, there is a fixing below 30500, the final nail will be the departure under 30000, but despite this in the club partially fixed the profit on the position and pull the stop in the profit.

Those who opened #short after the publication of the set-up already has profit, the main targets for this movement at 30000, medium-term it is most likely not the end, everything within the game ?

*? btc - Chao Jang’s analytics*

After yesterday's review we went down, everything worked out, with @cryptonomy_finance we closed #short with a small movement, then we gave part of the profit to the stop on the #long deal.

Since the situation is quite ambiguous - we trade with extremely short stops, so it turns out to take a small but profit, even in flat.

Now I still see a potential decline, today US CPI data will be released at 15:30 and with 99% probability there will be a chopper, hopefully closer to 31000 will give an entry point to #short

? btc - Chao Jang’s analysis

Yesterday on the push to horizontal resistance even took the muv from @cryptonomy_finance, from 30400 to 31000, but despite this, while the pressure of the seller is stronger and the trend is locally turning downward.

As long as we are below 30500, the potential for price movement is still the same, to 29000, with a consolidation above 31000 again there will be chances for a break, but even through the break I expect a decline.

I repeat like a parrot the same thing in every publication, so we are going down on smaller TFs, only they are worth discussing locally now and most likely it will continue in the next month(s).

While with @cryptonomy_finance waiting to enter #short trade, hopefully give a good entry point.

? btc - Chao Jang’s analytics

As expected, on the weekend nothing happened on the chart and everything moved exactly according to the markup, after a weak muva upward sprinkled to 30000, there as I wrote in the last review - opened #short, everything came together.

The reaction to 30000 is weak, but the position has naturally already been put in the boo, while we are watching the chart with @cryptonomy_finance and waiting for the breakdown of 30000, then we can quickly come to the level of 29000.

There is no bullish structure on the 1D TF too, I think that in the near future we are going to see exactly the kind of market I am talking about in game plan.