Bitcoin has fallen below the 110,000 mark, and the index has dropped below the 4,500 level, accelerating downward to welcome a second bottom test, everything is progressing as expected.
The big pie indicates that this wave is looking down to 105,000. Even though it couldn't hold 113,000 at the beginning of the week during the rebound, it shows how weak this trend is, and the index continues to hold.
The index started to drop from the top of 4,950, and even as it dipped to around 4,300, it staged a rebound. However, on Friday, it directly gave back all gains, catching traders off guard, and it continues to look down towards the 4,000 mark.
Tonight:
The big pie is holding above 110,800, looking down towards around 108,000.
The index: holding above 4,420, looking down towards around 4,200.
You can choose an aggressive or conservative approach based on personal circumstances, after all, this trend is too weak. $BTC