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Quick thoughts on trading: The market seems to have hit a short-term bottom, but it’s not the time to jump in blindly. Since I mentioned going long on gold around 4030 on July 8, I haven’t posted updates on the subsequent moves. But I’ve been reviewing the market every day. There are daily opportunities for short-term trades, but at this stage, it’s really only suitable for holding low-position longs or staying on the sidelines. It’s not a good time to jump in mid-way and chase high positions. I won’t go into detailed fundamental and technical analysis for now. If you’re interested, follow me, and I’ll update during future reviews. For today, here’s a rough direction: BTC: $57K is expected to be the short-term rebound bottom, but it still lacks a secondary confirmation. There will be more opportunities to enter at lower levels later. XAU (Gold): Gold is also showing signs of a short-term bottom, but it’s not confirmed yet. Around 4000 would be a great secondary low point. Crude Oil: Refer to the previous post for details.

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Today 2026-08-22
23:25

Cardone Capital purchases 350 bitcoins worth $26.9 million

23:04

Grayscale Zcash Trust stock will begin trading on the NYSE on August 25th

22:35

Wintermute holds a $160 million position in Hyperliquid, with short selling accounting for 91%

21:12

Brian Armstrong: Agents can now trade derivatives in the United States

20:43

Standard Chartered Bank predicts that the price of Bitcoin will reach $500000 by 2030