$BTC BTC: It is precisely where it was necessary that the bears intervened to keep the white scenario in play - and so far they have halted any significant breakout. The upward movement from Monday's high is clearly a three-wave rally rather than an impulsive one, which leaves the door open for a larger correction in line with the white scenario.

However, the yellow scenario still remains in play, although it is less convincing at this stage. If this happens, it will likely need to turn around as the ending diagonal of the fifth wave. For this to occur, the market must hold above Monday's low of approximately $100,780.

📌 Minor support for the yellow scenario:

$101,640 – $103,356 → A reaction will be needed here to maintain the "yellow" value at its current level.

A breakout below $101,640 will significantly weaken this viewpoint.

Continued in the next post.