$BTC 8.14 Bitcoin price today's market: Bitcoin reached a historic new high this morning, breaking the previous high, reaching the 123,680 level. The overall structure remains unchanged, still within the Elliott Wave Theory, and it is the last segment of the fifth wave. The current trend has broken the previous high, which means the fifth wave has not ended, but is continuing.



The overall structure of Ethereum is also in the fifth wave. From a structural perspective, the market could end at any time, but there are external factors beyond the technical aspects that could interfere, leading to the possibility of an extension. Therefore, even if the structure seems complete, one should not recklessly go all in; at most, wait to position during its attempt to break through the upper channel line.

In summary, the view on the details of the medium-term structure remains unchanged, and we will touch the short details again once the C wave is complete.
BTC-1.36%
ETH-5.2%
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