At the moment it looks like both BTC and Ethereum have demand to top off.
RSI oversold also needs to be repaired.
Here, after the pullback to 78900 that fails to break through, it should test 76500 and bounce; it may not be able to reach 77700. If the body breaks and holds below 76500, then look for 74200–73700.
If the pullback fails to break 76500, look bearish toward 71500–7w.
Timing: watch the 28th and the 4th.
For a deep retracement, look for a daily-level third buy around 68000.
I’m not calling trades right now—let’s rest for a bit.
Only providing ideas for your reference: $BTC .
If 57800 is confirmed as the bullish bottom, then what we’re in now is the big third wave.
Then the big fourth-wave correction could be a double zigzag or a platform-type pullback—depending on time-based projection and confluence with price support.
After that, chasing for the big fifth wave still has one more opportunity to reach 83000–85000.
RSI oversold also needs to be repaired.
Here, after the pullback to 78900 that fails to break through, it should test 76500 and bounce; it may not be able to reach 77700. If the body breaks and holds below 76500, then look for 74200–73700.
If the pullback fails to break 76500, look bearish toward 71500–7w.
Timing: watch the 28th and the 4th.
For a deep retracement, look for a daily-level third buy around 68000.
I’m not calling trades right now—let’s rest for a bit.
Only providing ideas for your reference: $BTC .
If 57800 is confirmed as the bullish bottom, then what we’re in now is the big third wave.
Then the big fourth-wave correction could be a double zigzag or a platform-type pullback—depending on time-based projection and confluence with price support.
After that, chasing for the big fifth wave still has one more opportunity to reach 83000–85000.