During this time, I have been saying that Bitcoin is still in an upward trend wave, specifically the small fifth wave of the purple line (3-5-1). After nearly two months of increase, a correction is due. And indeed, this is the case: if the decline that started on May 22 reaches around 90,000, then this decline has a high probability of being the fourth wave adjustment in the purple line, namely 3-5-1-4. Once the fourth wave of the purple line ends, it will be followed by the last wave, breaking through the peak of the third wave—111980. Then a larger correction of the green line second wave will begin, namely 3-5-2. Overall, Bitcoin is still viewed positively.