BTC at 8.3K is the bull-bear dividing line. If it can't break through, it's just a strong rebound. For those who haven't gotten in yet, don't rush—wait for a pullback and buy the dip. There should be a pullback opportunity before the midterm elections in November. Over the past three years, markets have dipped before elections and risen afterward. But of course, don't blindly rely on past patterns. This rally is also hyped by the September 15th crypto bill. Once the good news is priced in, there will likely be a pullback. Plus, there's a clear bearish factor: Claude's parent company is set to announce its IPO on September 7th, with a listing in October. When that happens, liquidity in the crypto market might get drained. Last night, the Fed leaned hawkish. Currently, there's a bearish engulfing pattern on the daily chart, signaling a potential correction for BTC. The probability of a rate hike in September has surged to 60%. Don't rush to catch the bottom in the short term—the rate hike expectations haven't been fully priced in yet! Avoid chasing dips. Focus on shorting around 78,600 with a stop loss at 80K. If the previous low of 75,500 breaks, we could see a major pullback down to around 69,700.