#BTC There is a slight rise, but in the reaction view of the decline, this upward move is still continuing. If it closes above 82,885 on the daily and weekly timeframes, then it would form the first high peak based on the most recent drop wave. This is a positive signal that the rally may continue further.

On the 4-hour chart, as long as it keeps holding the 61,306 level, the possibility of the moves I outlined remains. We are within the first move. After a rise toward 67,500, there could be a pullback, and then it may break through the 67,500 resistance and rise toward 75,000. If it stays above the 67,500 level on the daily, then there will be a chance that the rally continues toward 82,885.
If, on the weekly timeframe, it reaches the 102–107 thousand range, then this area will be an important resistance. A new decline could occur.
When the weekly close falls back below 57 thousand again, the likelihood of the decline continuing increases, and the drop may continue toward the 49–50 thousand support levels.