Bullish wave still have the last one, the upper space is limited
From the chart, it's easy to see that trend is moving in the 4th wave, using theory of 5 waves theory, there should be the last bullish wave currently, however, the last bullish space shouldn't be expected too optimistic, investors could directly focus on 10500 if the next rebound can happen and stabilize on 10000.
Halving will be end in today and the halving effect and profit has been digested by the market, i believe that trend will come into another 3 waves pullback waves after the next bullish wave recently.
Bullish traders can still have the last chance to build positions around 8200~8450, and close at 9000 and then 9400, the current 4th pullback wave may still last for a period, may be before this weekend. So investors should be patience and also should notice that if this 4th wave fall to 7500, may means that this pullback wave can be a expanded one, will last longer than expected.
Halving will be end in today and the halving effect and profit has been digested by the market, i believe that trend will come into another 3 waves pullback waves after the next bullish wave recently.
Bullish traders can still have the last chance to build positions around 8200~8450, and close at 9000 and then 9400, the current 4th pullback wave may still last for a period, may be before this weekend. So investors should be patience and also should notice that if this 4th wave fall to 7500, may means that this pullback wave can be a expanded one, will last longer than expected.
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