Bitcoin is currently in the final stage of the rebound cycle. From a technical perspective, this rebound is the last C wave in an upward wave pattern. Based on the current momentum, if the decline exceeds $4,000 later on, it will signal the end of this rebound rally. The key point to watch now is whether this $4,000 level can hold, as it will directly determine the future direction of the market. In the context of increased market volatility, this price level has also become a focal point for many traders.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
22 Likes
Reward
22
6
Repost
Share
Comment
0/400
BlockchainTalker
· 16h ago
actually, if we examine this through the lens of wave theory... the whole "c-wave capitulation" narrative is kinda sus tbh. 4k drop threshold? that's just resistance theatre. empirically speaking, support levels are way more fluid than people think. sources: literally every crash ever lol
Reply0
RektDetective
· 01-08 18:54
Can the 4000 level really hold? To be honest, it's a bit uncertain.
View OriginalReply0
SatoshiChallenger
· 01-07 04:53
Interestingly, it's always this kind of "key support level" talk, and then what? Data shows that the accuracy of such predictions historically is only about fifty-fifty [smirk]
View OriginalReply0
LiquidityOracle
· 01-07 04:37
Here comes wave C again. I'm tired of hearing this explanation... Let's see if we can hold the 4000 level first.
View OriginalReply0
down_only_larry
· 01-07 04:31
The 4000 line definitely needs to be watched closely, but I feel this analysis is a bit too idealistic... In reality, the decline is often even more brutal.
View OriginalReply0
MetaverseLandlord
· 01-07 04:31
Is the $4000 threshold really that critical? It feels like there's always a new "life or death line" every time, haha.
Breaking through doesn't necessarily mean a true collapse; I've heard so many rebound end theories that my ears are getting calloused.
Whether it can hold this time depends on the performance in the next few days. Anything said now is just talking to no avail.
Bitcoin is currently in the final stage of the rebound cycle. From a technical perspective, this rebound is the last C wave in an upward wave pattern. Based on the current momentum, if the decline exceeds $4,000 later on, it will signal the end of this rebound rally. The key point to watch now is whether this $4,000 level can hold, as it will directly determine the future direction of the market. In the context of increased market volatility, this price level has also become a focal point for many traders.