The rally that started in 1981 with the second wave reached a high of 2436, and the 5-wave upward structure has already shown clear signs of exhaustion.

The current market is oscillating narrowly around 2300, which is not a sign of consolidation for energy buildup, but a signal that the upward momentum is exhausted.

From a wave perspective, the main upward five-wave move has likely already completed, and we are currently in the early stage of a Wave A decline. If a Wave B rebound occurs after this phase, caution is needed for a trap of a false rally.

Key points to watch next:
Resistance zone 2350-2400, Wave B retracement short-selling window

Support level at 2280; if broken, it will confirm an accelerated downtrend, heading towards the 2150-2200 range.
The core of trading is to follow the trend; when the upward logic no longer holds, a decisive shift in perspective is necessary.
But also be prepared for risk control: if the price volume breaks through 2400 and stabilizes, it indicates the bearish outlook has failed, and strategies should be adjusted immediately.
The market is never short of opportunities, only lacking clear judgment and strict execution discipline! $BTC #加密市场行情震荡