BTC now, it is not too high, but in terms of value, it is not low. It is one of the assets with the top capitalization in the world.

The current price increase is due to the great influence of MM and politics. The war is happening from Central Europe to Asia. Or the US election and Trump's support, the price increase, BTC price is too high compared to the general level but Altcoin is lower than the real value. (Regarding the valuation of the real value of each coin, we all have different opinions)

BTC needs to get a liquidity support to end the short wave before the adjustment step, so pulling up 1-2000 price or 3000 price is possible, but in my opinion, it cannot reach the peak again. And there has not been a high 7x or 8x case. But it will return to the big 5x and small 6x before really entering the long wave. In the end, this is just a stepping stone for the wave foot.

What do you think about this? This is also my opinion on the current market. Don't care about the chart yet. Let's discuss it with me at the end of the day.