$BTC 5.7 Bitcoin Market Analysis: Bitcoin’s intermediate-term structure has reached a critical turning point. From last August’s prediction of danger above $120K, followed by a crash to the $70K range, to this January’s downward revision of the target to $65K, and then the February rebound near $60K, the endpoint of Wave 5-4’s correction has now been confirmed. The current market is highly likely to have initiated a new upward cycle, with this rally targeting $150K. On smaller timeframes, the rally that began near $60K has formed a leading wedge structure, indicating that the first upward wave is nearing completion, followed by an intermediate-level Wave 2 correction. This pullback is not the start of a new downtrend but rather a consolidation phase to build momentum for the next major upward wave. The expected retracement range is between $70K and $65K. Ethereum has also undergone a structural shift. Previously, the market anticipated another new low for ETH, but the chart now shows that a short Wave C following a descending triangle has completed, and the subsequent diagonal structure likely marks the beginning of a major Wave 1. After completing its Wave 2 correction, Ethereum will follow Bitcoin into a new upward cycle. Trading Recommendation: The intermediate-term trend has confirmed a bullish reversal, but avoid chasing prices in the short term. The ideal intermediate-term entry zone for Bitcoin is during the Wave 2 pullback between $70K and $65K—while you may not catch the absolute bottom, the risk-reward profile at this secondary low is highly favorable. Similarly, wait for Ethereum’s pullback to enter positions; there’s no need to wait for a new low. Risk Warning: This analysis is based on current wave structure interpretation; market conditions remain uncertain. If price breaks below the $60K level, the conclusion that Wave 5-4 has ended may be invalidated, requiring a reassessment. Always maintain strict position sizing and risk management when trading futures.