As long as Bitcoin does not fall below the support line MA30, the third sub-wave of the fifth wave may still be incomplete. In this case, Bitcoin will continue to rise to complete the third sub-wave of the fifth wave, followed by a significant correction that could reach around 90,000.

Currently, the main issue with Bitcoin is that the position size is too high, creating a demand for deleveraging. Therefore, it is difficult to say whether it has reached a bottom; if Bitcoin can reduce its position size through fluctuations in the near future, the possibility of further declines will decrease.