Where will the low point of BTC drop?
1. It may drop to 115,000 (near the red ascending trend line).
2. If it breaks below the multi-day ascending trend line, a rebound is highly likely; we need to pay attention to whether it truly breaks down and the rebound high point (Point B).
3. The short-term decline is not deep, but the amplitude of the five-wave rise and the daily trading volume are both decreasing, indicating a potential significant drop in the future.
4. The current decline is an adjustment to prepare for a higher and stronger rise later on. $BTC $ETH