$BTC 8.9 Bitcoin Trend Analysis: Today I want to give everyone a clear suggestion – close all long orders, take profit on other coins, and there's no need to place open orders either. The reason is quite simple, the market is very strange right now. Ether and smaller coins are surging, continuously reaching new highs, breaking from 3900 all the way to 4070, but Bitcoin is barely moving in this context, and this divergence makes me feel very low about the safety of long order holdings.



Structurally, if Bitcoin has completed its fourth wave, it should follow Ethereum to break out of the trend structure, surpassing the high point of 111,850, and then pull back to continue moving upwards. This is the most standard movement. However, it has been stagnant for a while, which leaves another possibility - it may not have finished the fourth wave yet and could even dip to a lower point before starting its move. If this is the case, we will have a better entry opportunity at the lower levels.

In summary, let's close all positions for long orders, and it's not advisable to place open orders either. Ether keeps hitting new highs, while Bitcoin remains stagnant, which is quite concerning. Let's observe for now.
BTC3.06%
ETH1.68%
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Narsthonvip
· 08-09 22:02
Watching Closely 🔍
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GateUser-95dda941vip
· 08-09 19:35
good night all my sweet dreams
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Kossaimonfilsvip
· 08-09 14:27
Hold on tight 💪
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ShipAtSeavip
· 08-09 02:51
How to enter the community group for a long time, I agree with your sharing after seeing so many analyses.
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