1. BTC has initiated three upward trends from the historical low (marked by the blue line in Figure 1), with the third rally being 1.236 times the size of the first; after this pullback, the market may extend to complete a full five-wave upward structure.

2. Once the current bullish structure is completed, the market will undergo a deep correction, after which there will be 1-2 rounds of rallies at the same level. The complete projected path is detailed in Figure 2.
3. Practical trading rules: Roll over positions with small additions on minor declines, and increase the rollover position on major declines; if a rollover order triggers a breakdown, stop loss independently, and if the overall trend breaks down, exit all positions uniformly.
$BTC $GT $ETH