9.5 Military Commander Bitcoin Market Analysis $BTC
Bitcoin is currently in the adjustment zone of ABC, and wave C has not yet ended. Wave C is a five-wave decline and is now in the consolidation zone of the fourth wave. After the fourth wave is completed, it is necessary to go down to the fifth wave, and then end this C wave to start the rising market cycle.
There are two possible moves in the fourth wave: one is to break directly and complete the fifth wave, and the decline will be relatively deep; the other is to continue to fluctuate and move into a relatively long consolidation zone, and the decline will not be too deep. At present, the main trend is shock. It is recommended to participate with a light position, or wait for the small five waves to play out before participating.
Currently, both Bitcoin and Ethereum are experiencing volatile market conditions and are not suitable for high-leverage operations. It is recommended that everyone arrange their main positions before participating in the rising market after the shock is completed.
