$BTC BTC at the Crossroads: A Battle of Direction and Patience. From the daily chart, BTC has formed a relatively clear upward channel. The price has been moving within the channel for a long time and has now touched the upper resistance near 97,900. The daily candle closes are not strong, indicating that the short-term bullish momentum is weakening. Structurally, this gradually narrowing ascending wedge suggests a slowdown in momentum, which also aligns with the need for technical correction.
According to wave theory, wave 4 has already broken below the high of wave 1, implying that the ideal