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Market update for #BTC :
The main rhythm of Bitcoin has been updated, with the previous rise defined as "Wave 1" and currently in the adjustment phase of "Wave 2."
The technical aspects indicate that the Fibonacci retracement level of 0.618 (approximately 108000) is expected to become the endpoint of the second wave.
After the main force has cleared out most short-term bulls, it is expected to start the "3 major waves" of the main upward market.
🎯 Strategy: 108000 is the bullish layout area for the starting point of the 3 major waves, with a defense level at 106000.
🚀 Bulls who dare to challenge the bottom may be the first to ride the main wave.