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BTC this wave is indeed strong. After a historic rally, it managed to hold at high levels, and the structure remains very solid. Currently, it is consolidating around the key support zone of 86.6K–80.6K. The previous move was too aggressive, so taking a breather is normal.
This looks like a classic high-timeframe bull flag. Every time it dips, someone is stepping in, and the bulls haven't let go. The market has reached this point, and the trend is quite clear. The overall direction is still in the hands of the bull market, and institutions as well as big players share a pretty consistent consensus.
As long as the 80.6K support holds, this position is likely gathering strength, and the probability of continuing towards 98K and even above 100K remains high. In a bull market, don't easily guess the top; as long as the trend is intact, follow and hold. Pullbacks are actually opportunities.
Hold your spot positions well, stay patient, the bull market is not over yet.