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$BTC price reversed to the downside before breaking above $79,829.
I have slightly adjusted the wave count and changed the pattern to a diagonal.
BTC
+0.72%
AnalystSiZhe
2026-08-30 21:41
As the hype fades, the illusion of $Bull Run’s surge has been shattered.
As the thematic hype-driven market fades, four-hour candles have continued to close with upper wicks, with repeated attempts to move higher facing resistance. Incremental capital on the market has dried up, while large amounts of high-level holdings have fled. Combined with order book signals, a short position setup was given in the chat room.
The bearish trend is steadily continuing, but beware of a short-term rebound as take-profit levels approach. It is recommended to take partial profits and lock them in, while setting a strict stop-loss for the core position to protect realized floating gains. $ACE #HYPE续创历史新高 $BTC