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The Bitcoin trend at the end of December can be understood using the WXY structure. Currently, it is stuck in the downward phase of wave W, and the future movement is still uncertain.
From a technical perspective, there are two possibilities:
One is that the rebound has not fully completed, and there will be another upward C wave. In this case, the outlook remains bullish.
The other is that this ABC rebound has already peaked, and the next step is to continue downward, entering a new decline cycle.
In the short term, the direction is indeed unclear, as both structural scenarios have their technical conditions. It’s advisable to wait and see, and act only when clearer signals emerge.
It should be noted that this is purely a technical analysis based on market structure and should not be used as the basis for trading decisions. The specific approach should also consider your own risk tolerance.
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Wait, is Wave C coming or is it just dropping straight down? I can't figure out this probability puzzle haha
Both are possible, isn't that what I just said? Watching and waiting is the most honest attitude
I've stepped into this kind of trap too many times; if the signal isn't clear, don't move recklessly
You can talk about both bullish and bearish signals, technical analysis is really interesting.
It's that time again to decide whether to hold or run.
Better to stay on the sidelines; anyway, I don't know what to do right now.
Waiting for a signal? By the time the signal comes, it's probably too late.
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WXY’s theory gives me a headache. It’s better to look directly at the funding situation for more concrete information.
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Basically, I don’t know which way it’s going. I love hearing “wait for the signal.”
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I really can’t learn this kind of dual-direction analysis technique that can win either way.
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C wave really arrived, I got in early. Now, this position is a bit awkward to talk about structure.
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Anyway, if it’s short-term uncertainty, I agree not to move for now.
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Both possibilities exist? Then what’s the point of analysis? Just flip a coin.
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Technical analysis is just for listening; funding is the real boss.
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Wait, usually during these stalls, there are black swan events, right?