Currently, BTC is rising in a five-wave structure. From the wave pattern perspective, it is currently in the final phase of wave five, and this wave five may be coming to an end. We need to observe whether the price can stabilize above 100,700. If it can, then the upward drive starting from 98,200 has not ended, and at least one more upward push of the same magnitude will follow. If it cannot hold, then the legitimate adjustment low point is not at point Y on the chart, and we need to find a new low point to start the upward movement. All declines are paper tigers, and all adjustments are preparations for the next stronger upward movement.