The market has retreated more than 5018 from the highest point, which completely negates the yellow line as the first part of the rise. At present, there are only two other possibilities left on the market. Find the end point of the adjustment. The retracement may be deeper. The support below is 61782-59824 area

1. The orange line is a complete push wave. After the orange line is the diffuse adjustment wave, the blue line is the first part of the adjustment, and the yellow line is the second part. Now the third part of the adjustment is being carried out. It usually returns to around 63456 or falls below, and then looks for support and continues the orange line increase

2. The blue line is the fourth part of the orange line, and the yellow line is the fifth part. This possible retracement needs to be greater than 5018, usually going to the 63320-59565 area, and then continuing the orange line increase

Wait for the decline to go on for two days before giving the conditions to judge the bottom. Don't rush for the time being#BTC#ETH