The medium to long-term WXY decline structure of Bitcoin suggests that the X wave rebound may continue to fluctuate. Has the broad-range squeeze of the X wave truly ended? Not necessarily! When most major influencers and retail investors are bearish together, the market often does not move as most expect. Currently, the X wave may rise again, so it is not recommended to chase short positions. After the X wave completes, look for a Y wave decline to break below 70,000.
Risk Warning This is only an analysis of market structure and does not constitute any trading advice.
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$BTC 1.22 Bitcoin Price Trend Analysis
The medium to long-term WXY decline structure of Bitcoin suggests that the X wave rebound may continue to fluctuate.
Has the broad-range squeeze of the X wave truly ended? Not necessarily! When most major influencers and retail investors are bearish together, the market often does not move as most expect.
Currently, the X wave may rise again, so it is not recommended to chase short positions.
After the X wave completes, look for a Y wave decline to break below 70,000.
Risk Warning
This is only an analysis of market structure and does not constitute any trading advice.
#BTC走势分析 # Bitcoin Price Trend Analysis