$BTC May Be Entering Wave 3 — Volatility Could Accelerate

$BTC is showing a structure that suggests the recent move may have completed a Wave 2 correction (zigzag). If this interpretation holds, the market could now be approaching Wave 3, historically the strongest and fastest phase of the trend.
Wave 3 environments often bring expanding volatility and rapid moves toward liquidity zones.
Key level to watch:
• $58K–$55K — major support and potential liquidity pocket.
If downside momentum builds, price could move into this zone quickly as positions from the recent bounce get forced out, potentially triggering panic-driven volatility.
Invalidation:
• A reclaim and hold above $74K would weaken this bearish wave scenario and suggest the market is regaining strength.
For now, the key question is whether selling pressure continues to build.