What does BTC want to do recently? If the structure is not clear, it is difficult to reap rewards whether you go long or short. On July 19th, a tweet stated that the first rebound high from 57800 would be at 66900, and on July 21st, BTC rose to 66956, confirming this viewpoint. It has been 20 days since 66956, what is Bitcoin doing? 57800-66956 is a daily level rise, and 66956 has been running a correction against this daily level rise. The ink on the path is very normal, which precisely confirms our view that BTC is already in the main fundraising stage. The longer the horizontal consumption time, the less subsequent torment there will be, and every day is one step closer to the end of the bear market. The important pressure level 65400 mentioned in the video on August 9th has once again exerted force, so we have taken a short position and are currently holding it. If we still cannot reach 65400 this week, the adjustment is likely to continue. The important observation point below is at the green Gann angle line 61800. If it does not fall below this position, it will still be horizontally organized with the blue and green Gann angle lines as the upper and lower boundaries. If it falls below, it may develop into a deep correction. In the next few days, pay attention to the key positions above and below to reflect.