Bitcoin: Native If the yellow box breaks downward, it’s better to stand aside for now. There was no segment that could reasonably be called wave 4, given the duration and structure of wave 2, which has left me uneasy— I just took a short position. It might be the hardest-to-predict ABC running flat, or even an impulse where waves 3–5 are truncated and wave 4 is forming sharply. This is likely the first time I’ve mentioned Elliott Wave analysis. I have all the details in mind—I just don’t bring them up. Because until it becomes clear, mentioning it only complicates the thinking and introduces bias—even for me, the one explaining. I’ll continue to rarely mention it going forward.