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Bitcoin's performance this round has indeed been fierce. It is only 1 percentage point below last month's high, while Ethereum still needs to catch up by 7 points, with a clear gap. Looking at the daily chart, BTC has been making higher lows for 8 consecutive days. After breaking above the 60-day moving average, the MACD has also moved above the zero line. Under this pattern, the correction strategy is to adopt a low-buying approach—definitely avoid shorting.
From a Chan theory perspective, Bitcoin is currently in the third phase of the daily rebound wave on the weekly chart (see the reference chart), with a target range of 95,000 to 96,000. The key now is to patiently wait for a correction opportunity on the four-hour chart. According to the rhythm, this opportunity should surface tomorrow, and specific strategies will be updated then.
To put it simply, BTC's shallow dips and quick rebounds are signs of strength. Rather than obsessing over short-term fluctuations, it's better to stay in sync with the rhythm, wait for the four-hour correction wave to complete before entering, which will lead to a more stable win rate.