$BTC 7.25 Bitcoin price today: Since the decline from the 123,300 line, Bitcoin has been moving sideways for almost 10 days now. The oscillation structure of the fourth wave is still ongoing, and the market has not provided a clear direction. From the overall structure, the rise that started from 98,115 has clearly established a five-wave structure for Bitcoin. This sideways adjustment is currently in its fourth wave, and after the fourth wave finishes, there will be a rise in the fifth wave.

Currently, from the wave pattern perspective, if this is indeed a large triangle, the five structures of ABCDe have gradually been completed, and we are likely at the tail end of wave E. After this ends, we can start the rise of the fifth wave. However, the market is too indecisive, and wave E itself may also form a small triangle internally, dragging out this final phase a bit longer. In summary, it is already at the tail end of the fluctuations.

Based on the above analysis, for the 4th wave's oscillation structure, we have chosen to trade according to the large triangle structure, so we will persist for another day. The 4th wave's oscillation is at its final stage, and the market can start at any time; if following the yellow route, the market has already started, and yesterday was the 5-1 wave, currently in the 5-2 wave correction, and the next is the 5-3 wave rise; if following the white route, it indicates an expanded oscillation of the triangle's E wave, with E wave further oscillating in a triangle.