There are always some people who look down on reading candlestick charts and Chan theory structures, thinking these are useless, fake, and deceptive.

However, for this recent BTC top and big drop, those who saw it coming were basically all technical analysts. The other camps—macro, value, data-driven, or orthodox Wall Street elites—seemingly none of them did. At least, I didn’t see any.

During last month’s and early this month’s livestreams, when predicting the overall trend for BTC, only Chan theory told me that the weekly uptrend was about to end. At that time, almost no one online was talking about a bear market; everyone was still indulging in all kinds of bull market fantasies. Now that it’s dropped to 80,000, many are only just realizing things have turned bad.

I had already sold most of my BTC on August 14th. Although I didn’t sell at the very top, it was still relatively close. Even if BTC halved from 80,000, the remaining position would still break even. Looking back from the start of this bull run at 15,476 to the peak at 120,000, I’ve basically made accurate calls on every bottom and top during my livestreams or posts. I’m quite satisfied with my performance.

Let’s keep it up—the market is always unpredictable, and only by constantly growing can you avoid falling behind.