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- #Will BTC Hit a New High?#
BTC has broken past $100,000 and is now consolidating near its peak. What’s your outlook on the next move? With bullish sentiment on the rise, could BTC reach a new all-time high?
#Crypto Market Rebounds#
The crypto market is rallying across the board — altcoins are gaining momentum, and Memecoins are heating up! 🔥MOODENG is up over 100%, while PNUT and VIRTUAL have each gained more than 45%. The total crypto market cap has now exceeded $3.22 trillion!
What’s next for the market? Which rebound tokens are you most bullish on?
Post your insights and trading strategie
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The current trend of BTC can be further analyzed.
a0g8=a0g1+(g1d2+d2g4+g4d5)+d5g8
a0g8=a0g3+g3d5+d5g8
Note: The current uncompleted trend of d1+dn+1 can continue indefinitely. The above decomposition only applies to the structures that have already occurred.
The first type of decomposition (94160-92800.01) is just a 30-minute central oscillation. Only when the secondary level departure segment targets (94160-92800.01) generates a third type of buying and selling point can the oscillation here be concluded.
The second breakdown narrows the operational range to (g6d6+d6g7+g7d7). As last night's rapid decline did not break below d5, this breakdown now has significance. Similarly, when the sub-level departure segment generates the third type of buy and sell points for (95228.45-93757.63), one needs to be cautious. At the same time, there is no consolidation divergence for the 30-minute level, so this is an unfinished trend.