Will BTC retest 75,000? Is it possible to see 98,009 again? These are questions that have been troubling many people recently.



Let me start with an interesting phenomenon: After a double zigzag corrective wave is completed, if the price neither breaks below the starting point nor surpasses the ending point—what happens in this situation?

Previously, we discussed several evolutionary paths for double zigzag corrective waves. Today, let's dig deeper into this topic. The core premise needs to be clarified first:

The point marked in blue is the beginning of a larger-scale rebound.
The green segment represents the double zigzag corrective wave.
The black segment is a single zigzag, which does not reach the starting point of the blue line.
After the point marked in green, the price continues to rise, hitting a new high above the blue line’s peak, and this green line segment displays a 5-wave impulse structure.

The most critical judgment is: the green line must be a standard 5-wave impulse. If this assessment is wrong, the subsequent evolution will be completely different.

When the wave pattern looks unclear, try switching to a line chart for better clarity. On the line chart, the green line indeed fits the characteristics of a 5-wave impulse. But here's the issue—a new high appears after the green line.

This raises a question: After the green mark, could another 5-wave impulse have formed? Or perhaps an ending diagonal? If so, the entire structure may have already formed a zigzag corrective wave.

Pay special attention to the yellow highlighted area in the chart. Is this spot forming an extremely rare expanding ending diagonal? Or is the end actually a 5-wave impulse? Or perhaps a contracting ending diagonal?

These possibilities directly affect the judgment of the next move. Subtle differences in market structure often determine whether the price will continue rising or undergo a deep correction. At this point, more candlesticks are needed to confirm the final pattern.
BTC1.58%
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RugpullTherapistvip
· 12-08 05:20
Even the wildest troublemakers are afraid.
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Deconstructionistvip
· 12-07 11:51
Pattern is more important than price
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ArbitrageBotvip
· 12-07 11:47
The market really knows how to play with waves.
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SelfCustodyIssuesvip
· 12-07 11:26
Wait for the market to evolve naturally
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SurvivorshipBiasvip
· 12-07 11:25
Emotion is more important than technique.
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GateUser-beba108dvip
· 12-07 11:22
Wait and see is the best strategy.
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