11.8 Current Structure Trend of Bitcoin According to Wave Theory At the four-hour level, we see that the Bitcoin yellow line is above the zero axis, hanging high open. At this time, it will oscillate repeatedly at high levels, including today's Federal Reserve interest rate cut. This means that the world is gradually entering an era of massive monetary easing. In this period of massive liquidity, funds in global capital markets will rise with the tide, whether in the cryptocurrency market, U.S. stocks, or A-shares. This wave will be an opportunity for many to change their fate. Everyone must seize this opportunity during this cycle to improve themselves and become stronger, obtaining financial freedom from this market. Bitcoin is still in a bullish pattern. For those of us trading in waves, we need to pay attention to the small-scale price fluctuations. Of course, the overall larger scale is strong, and it is not ruled out that it will continue to grow upwards. This is not a big issue. To trade in waves, one must adhere to the discipline of wave trading, and you will definitely be able to earn more. The first point of wave trading is speed, and the second and most important point is to roll small capital into large capital. However, the premise is that one must accept the possibility of being trapped and the expectation of selling at a loss. This is wave trading. A warning for short-term operations is to follow your own feelings and rhythm. For larger cycles, maintain the larger cycle level and exit whenever a bearish signal appears. The most important point is that every time it reaches a historical high, leverage will be cleaned out. You must guard against positions you chase at high levels. How to grasp your rhythm with low costs is the core. According to the current situation of the Federal Reserve cutting interest rates as expected, the world will enter an era of massive monetary easing, and both the cryptocurrency market and U.S. and A-shares will rise with the tide.