There are many liquidations in this wave, and very few are obedient. I had the idea shown in the chart after it broke below 110,000. The first phase is expected to be completed, and I will continue to track the subsequent movements.

For BTC to hit a new high, the price must recover to 106,000 and stabilize to see that, but it needs to oscillate above 100,000 beforehand (allowing for a spike down to 98,500).

There are many trading opportunities:

1/ Spike down to 99,000-98,000 to go long

2/ After the spike, if the price recovers above 100,000 and forms a 2b pattern, go long

3/ If the price retraces back to 104,000 and stabilizes, go long

4/ If the price stabilizes at 106,000, go long

5/ If the price retraces back to 104,000 and meets resistance, go short

6/ If the price touches 110,000 and meets resistance, go short

7/ If the price reaches 114,000 and completes a standard bearish shark pattern, go short

This is just the trading opportunities seen from the medium-term trend. As the price and indicators adjust, I believe there will be more trading opportunities, but all need to be tracked and monitored for price behavior. If you don't know how to proceed, feel free to leave a message for discussion 🚀🚀🚀 26842174691