This week’s trend, my personal view is as follows: #数字资产市场观察

The recent pullback of Bitcoin aligns with the characteristics of the WXY correction structure, and it is currently in the downtrend of the W wave. Many people think that the rebound a few days ago indicates a trend reversal, but from a structural perspective, it resembles more of a rebound correction of the C4 wave, and this C4 is taking a double zigzag pattern - now this rebound is almost at its peak.

Next, we are very likely entering the C5 wave downward phase. According to this pace, the decline in the C5 segment may directly bring the price down to the 70s range.

At the current position near 92000, I tend to place short orders on rallies. The target range is initially set around 76000 to 79000; if it breaks that level, I can continue to hold. Of course, technical analysis is just one reference dimension; the market changes rapidly, and adjustments should be made based on the real-time market.

You can also pay attention to similar logic in the trend of $BTC .