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In the previous two posts, I already mentioned that BTC is weak. Let me explain why I think it's weak: 1. First, after the CPI was released last night, I clearly felt that BTC could catch up with a rebound: firstly, the recent ETF funds haven't shown much negative feedback; for many days before, there were large net inflows, and only in the last two days has there been some slowdown and net outflow. Secondly, most other major coins have risen stronger than Bitcoin, such as HYPE, BNB, OKB—these platform tokens, I think, should have a driving effect on Bitcoin. But the final result was very poor, with a very smooth decline. 2. From the price action perspective and watching the market: for example, in this chart, you can look at the rebound marked 1 and 2. If you put this on a slightly stronger asset, you would at least see some continuity, but the very next candlestick after these points completely wiped out the previous upward momentum. For the holding experience, it clearly feels like there is no bullish momentum; the bulls seem to be dead. So I have been holding the short positions I opened today. Today I opened two short positions, one on Hynix and one on BTC. Both were opened at the daytime highs today. Relatively speaking, I can hold them to watch the volatility during the US stock market session tonight. Judging from today's performance of the major A-shares, the US tech and semiconductor sectors should see a correction tonight. The above is just my personal trading record and does not constitute investment advice. #7月CPI平稳落地，9月加息预期降温 $BTC