11.29 Bitcoin price today: Bitcoin is now fluctuating around $96,000. After falling from a high of $99,660, it has entered the fourth wave of adjustment. The fluctuation time of this stage is expected to exceed 7 days. It is still running within the range and the overall structure has not changed. The current fluctuation may develop into a platform or triangle, and after the final completion, it will usher in the fifth wave of rise. From the trend, the decline of 99,660 has a three-wave structure, and the current rebound is expected to be three waves, forming an ABC pattern. The B wave rebound may reach the secondary high or even a new high, but there will be a C wave decline afterwards. This C wave is a key opportunity to lay out the fifth wave of long orders. No matter how much the adjustment is, as long as the C wave ends, you can decisively enter the market. In the short term, you can seize the small long order opportunity of the B wave rebound, but you should stop when you see a good opportunity and not be too greedy. The oscillation structure may become complicated and even evolve into an ABCED triangle, but in any case, this is paving the way for the fifth wave of rise. The current focus is to patiently wait for the shock to end and be prepared to welcome the fifth wave of the main upward trend.