Now Bitcoin $BTC has basically completed a three-wave rise. All long orders have been eliminated near 26600, and the resistance level is around 26,800. After the overall three-wave rise is completed, the long order starting from the position of 24,880 has ended. It will be followed by a three-wave decline.
The overall downward retracement may reach the next platform, which is around 26,000 or slightly deeper. If it can reach around 25,600, we will place long orders again.
Bitcoin long orders are out near 26600. If it retraces to around 25600, long orders will be placed again.
