The recent trend has finally become clearer. Regarding the correction pattern since the 80524 level, I’ve organized a few personal ideas:
**Three Possible Correction Patterns**
The green line indicates my understanding of this wave correction. It could be a sideways consolidation or a repeated zigzag downward. Specifically:
First: View this correction as a sideways consolidation of wave Y on the blue line, ultimately forming a wave XX structure. If so, the top should be imminent.
Second: Still focusing on wave Y of the blue line, but following a zigzag pattern. In this case, the rebound ceiling is around 105644.
Third: This correction wave has been descending from the 126296 top in a zigzag pattern, with no clear upper price limit.
**Mid-term Confirmation Conditions**
To form a relatively complete correction pattern, a drop below 80524 is necessary to confirm the move is in place.
**Two Directions in a Larger Cycle**
Regarding the market after 74500, I see mainly two possibilities:
**Most Likely: Super Cycle Waves 3 to 5** This correction level is similar in scale to the move from 69000 to 15450. Generally (though not absolutely), the correction bottom should be above 69000, with a specific cheap zone between approximately 70878 and 83956.
**Less Likely: Super Cycle Wave 5 has Ended** In this scenario, 126200 is the major top. The market would then see a decline exceeding 53591 USD, meaning the price could drop below 72609, with a cheap entry zone between 48245 and 72609.
A common saying: these are just personal chart-based analyses and thoughts, purely for interest and hobby, with no trading advice implied.
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GigaBrainAnon
· 16h ago
Has 80524 been broken? That's the key point; everything else is nonsense.
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BlockchainGriller
· 20h ago
Is this 80524 really that important? It seems like every time there's a point that gets broken, and then it's just a matter of another explanation.
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OneBlockAtATime
· 20h ago
Whether 80524 breaks or not is the key; everything else is nonsense.
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ImpermanentPhilosopher
· 20h ago
Well, wave theory is back. Is this hurdle at 80524 really that critical?
View OriginalReply0
0xSherlock
· 20h ago
Waves waves waves, it's the wave theory again. Whether 80524 can break through is really hard to say.
$BTC $ETH $BNB latest market data
The recent trend has finally become clearer. Regarding the correction pattern since the 80524 level, I’ve organized a few personal ideas:
**Three Possible Correction Patterns**
The green line indicates my understanding of this wave correction. It could be a sideways consolidation or a repeated zigzag downward. Specifically:
First: View this correction as a sideways consolidation of wave Y on the blue line, ultimately forming a wave XX structure. If so, the top should be imminent.
Second: Still focusing on wave Y of the blue line, but following a zigzag pattern. In this case, the rebound ceiling is around 105644.
Third: This correction wave has been descending from the 126296 top in a zigzag pattern, with no clear upper price limit.
**Mid-term Confirmation Conditions**
To form a relatively complete correction pattern, a drop below 80524 is necessary to confirm the move is in place.
**Two Directions in a Larger Cycle**
Regarding the market after 74500, I see mainly two possibilities:
**Most Likely: Super Cycle Waves 3 to 5**
This correction level is similar in scale to the move from 69000 to 15450. Generally (though not absolutely), the correction bottom should be above 69000, with a specific cheap zone between approximately 70878 and 83956.
**Less Likely: Super Cycle Wave 5 has Ended**
In this scenario, 126200 is the major top. The market would then see a decline exceeding 53591 USD, meaning the price could drop below 72609, with a cheap entry zone between 48245 and 72609.
A common saying: these are just personal chart-based analyses and thoughts, purely for interest and hobby, with no trading advice implied.