Wave Theory Interpretation:

Based on today's illustration, BTC is currently at a critical turning window of the blue main upward wave segment 3, with the price once again approaching the structural critical point of 99064. This point not only serves as the core resistance of the previous dense oscillation zone but also is a key confirmation point to determine whether the current upward movement initiated from 74508 has the nature of ending the green downward wave and transitioning into the main upward wave channel. If it can successfully break through 99064, it would imply that the subsequent trend is likely to extend from the previous high of 109588, with a target range tentatively set not to exceed 125000, forming a complete five-wave upward prototype; conversely, if it touches multiple times without success, there remains the possibility of a delayed adjustment, especially as the probability of a pullback to the support at 95041 increases. The current overall wave structure shows progressive characteristics, with short-term bulls still in control, but if 99064 is blocked again, one should be wary of the risk of the structure evolving from a main upward trend into a platform consolidation or even an expanding adjustment. Therefore, the contest at 99064 has become the decisive moment for confirming the mid-term trend of bulls and bears. $BTC