The price of Bitcoin today: Last night, Bitcoin hit a new low again, reaching a minimum of 97,950. The new low indicates that the small-scale structure has changed, but the medium to long term structure that everyone is most concerned about— I can clearly tell everyone here— has not changed.

The logic of the five-wave rise after the five-four wave still holds, but the structure of the five-four wave has become more complex. The current lower low is still within the structure of the five-four wave and has not completed, it is just being extended.
Originally, we thought that the previous decline structure of WXY had ended, but with the appearance of new lows, the structure has been redefined into a more standard ABC decline, and the C wave is showing a terminal wedge. The entire structure coming down from 126,272 consists of three segments of decline, a typical combination of three waves, three waves, and three waves, which is characteristic of a terminal wedge.
In summary, the medium to long term structure remains unchanged, continuing to look for a 5-5 wave upward.