The BTC 4-hour level is very strong. Looking at the first image below, it is currently undergoing a fourth wave correction, but it is estimated that it will not correct deeply like the second wave, likely stopping around the middle band of the 4-hour Bollinger Bands, and then starting the fifth wave to form a non-continuous electronic pulse 12345. I am not a scholar of wave theory; I refer to it as an impulsive rise electronic pulse, but I know that in wave theory, it is called an impulsive wave. The techniques are all interconnected, and we can see that this rise is impulsive.

The fifth wave at the 4-hour level is crucial. Looking at the second image, as long as it breaks through the weekly turning point of 99,475, it will form a dual-level divergence on the daily and weekly charts, which could lead to a significant correction. However, it has already resumed the maximum level of monthly upward movement, so after the correction, the target of the monthly wave 3 will directly point to around 145,000. Once we reach around this point, we will reassess whether a halving will occur.