Many people think that the recent sale of $BTC by the Trump family is bearish, but one possibility is that they are reducing their holdings to comply with the Ethics clause, which is a prerequisite for the Clarity Act to pass. Everyone knows that we are currently in the bottom range of the BTC bear market, and the Trump family naturally knows this too. Selling at this time might be a kind of "sacrifice." If the Clarity Act unexpectedly passes, it could trigger an epic bull market rush.

People are always waiting for a lower price, waiting for the final drop liquidation, waiting at 60K for 57K, waiting at 57K for 54K, but never pulling the final trigger. Just like Chen Yongren said, we are always thinking about what tomorrow will be like, but never consider if there will be a tomorrow.

$BTC weekly level, MACD and RSI bullish divergence. A similar situation occurred 4 years ago.

$ETH daily chart, logarithmic scale, downtrend line, has broken through and pulled back. The slope of the downtrend has quietly changed.

He violated every single rule, all at once, at the most critical moment. Liu Qiang, the author of "The Big Player's Chronicles of Futures," has taught countless people how to trade. During the financial crisis, he multiplied his assets by 20 times, managing over 2 billion in assets. In 2015, the Shanghai Composite Index plunged sharply from 5178 points, with thousands of stocks hitting daily limit downs and liquidity drying up. According to the rules he wrote himself, one must exit immediately when key moving averages are breached. He should have liquidated his positions at once. But he didn't. He was fully invested at the top, going long on stock index futures, continuously adding positions through off-exchange financing to lower his cost basis. The futures company issued multiple forced liquidation warnings, but he ignored them. In 20 days, 2 billion was wiped out. The book repeatedly emphasizes several points—stop loss is the lifeline, don't fight the market, don't overleverage, don't go against the trend. He understood every one of them. He taught them all to others. In July, he posted his last blog titled "Some Reflections on This A-Share Market Crash," ending with the sentence: "Being alive is what matters." Fourteen days later, he jumped from the top floor of the Huamao Center. Recently, I saw some traders' reviews and reflections, and coincidentally read this story again. Trading is dancing with the devil. We can understand all the principles but cannot always resist when our strength is weak. Salute to everyone engaged in trading; may we all have better trading lives.