With this round of surge, don’t treat it as the main impulse and blindly go bullish—it’s far too optimistic.

I’m more inclined to judge that this round’s peak is the complete fifth wave, and the short-term emotional push has already played out completely.
Going forward, the market won’t keep charging upward mindlessly; most likely it will enter a phase of pullback and correction.

The next move is very clear: the ABC pullback structure is basically set.
First, look at the A-wave decline. The first target range is 72.8k—73.7k, which is the core support that determines whether the bulls can continue.
Once it effectively breaks down, the bullish structure will weaken directly—not just a simple pullback.

Next, there will be a B-wave rebound. Riding on market repair and the “new moon” opening sentiment, it’s easy to form a wave of lure-up rally,
looking like a strong recovery, but in fact it’s only a rebound designed to bait and mislead retail traders who chase the highs.

The real risk is in the final C-wave: the down move will accelerate and weaken,
and the key targets below are the 65k—68k macro-cycle core positioning area.
At this level is where the next round of bull-bear tug-of-war and re-pricing will hinge—the crucial bottom zone.

One reminder: don’t see a pullback and rush to scoop and add to your position.
Right now, this pullback is only in the middle stage; if you enter blindly, it’s easy to buy at the halfway point on the mountain. $BTC $ETH $SOL