In the cryptocurrency market, after Bitcoin's price surged to around 110,000, it encountered resistance and began to adjust. From a technical analysis perspective, three large triangular formations have formed consecutively. It is noteworthy that the trading range of these three triangular formations is continuously narrowing, and the time span is also getting shorter.

Currently, the last triangular formation is in the process of being constructed, with its price range approximately between 76,600 and 85,000. Generally speaking, after three triangular formations have undergone adjustments and the trading range is gradually shrinking, it often indicates that the downward momentum is gradually exhausting. Therefore, from a technical analysis standpoint, the market is likely to end the adjustment that started from the 110,000 price level after the second test of the bottom of the third triangular formation. Of course, there is also another possibility that the price may briefly fall below the range of 85,000 to 76,600 of the last triangular formation, creating a 'pit' downward, but it would quickly rebound to recover, thus completing the adjustment.

For investors, it is essential to pay attention to the second test of the bottom opportunity in the large triangular formation at the range of 85,000 to 76,600. If the price breaks below the third large triangular formation and creates a downward pit, it is also a rare bottom-fishing opportunity. From the perspective of the market trend development, this bottom-fishing opportunity is likely to be one of the most valuable layout opportunities in the first half of the year, promising substantial returns for investors.