$BTC Bitcoin Price Today: Currently around 87,000. If a small-degree triangle is confirmed later, then a downward move at the end of the triangle would form a relatively clear ABC structure.

As long as this ABC structure holds, it can be basically confirmed that Wave W has already completed in the current zone, and all subsequent oscillations and fluctuations should be classified as part of Wave X. The characteristics of Wave X are complex, repetitive, elongated in time, and weak in directional sense. Therefore, the current oscillating market is entirely consistent with the nature of Wave X.

If a small triangle is indeed formed later and the final downward move is completed, a relatively safer zone for a corrective wave to extend will appear below, corresponding to the end of the medium- to long-term Wave X and preparing for the subsequent rise of Wave Y.

In summary, if Bitcoin drops after completing the wave, it is generally judged that Wave W ends at 80537, and one can consider buying the dip to position for the upward movement of Wave C within Wave X.