7.7 Bitcoin Market Analysis: Bitcoin is currently in the B-wave oscillation rebound cycle. The B-wave has not yet completed, and the rebound target has not been reached.


From a small-level structure perspective, the rise from the low belongs to the first sub-wave of wave C. It should not be a problem for wave C to rise to the resistance level above.
It is recommended to continue holding long positions. No need to rush to take profit. There may be oscillations today, but the direction is upward.
Ethereum's small-level structure is slightly different from Bitcoin's, more like a 5-wave structure. Currently, this 5-wave has not yet completed.
Hold long positions simultaneously. The overall direction is bullish. After oscillations, continuing upward is the main theme.
Trading suggestion: Continue holding long positions in Bitcoin and Ethereum, do not rush to take profit. Also continue holding long positions in altcoins NEAR and UNI. UNI has broken out of the consolidation range, with an upside potential of about 20%. The overall structural direction remains unchanged.
Risk reminder: Market volatility is high. Proper position management is required, and stop-loss should be strictly set.
BTC-0.30%
ETH-0.62%
UNI-0.94%
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SeaSaltAirdropParticipants
· 1h ago
If Wave B hasn’t finished yet, then yes, you can still take a bit more—just make sure your stop-loss is hung and ready; the worst thing is for the rebound to turn into a reversal.
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