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Regarding the recent trend of Bitcoin, I would like to briefly share some technical insights.
From a long-term perspective, the previously shared ascending wedge pattern has been broken, and the completion of the first wave indicates that the market has entered a correction phase. Currently, it is in the second correction wave, and the key moving forward is to closely monitor the dynamic changes of this correction wave.
Refining to the medium and short term, the correction wave is currently operating within the 3-4 wave range. This stage tests timing, and short-term traders should focus on the breakdown of the correction wave structure to identify buy and sell points at highs and lows. The overall approach is still to follow the trend, waiting for the correction pattern to become clearer before making decisions.