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Bitcoin: Native First, regarding the common first corrective decline among the two main scenarios, we’ve already profited from a short position—so that’s taken care of. Now, whether or not the yellow box area is touched, the direction going forward will depend on what happens after the next upward move. Yes, Bitcoin’s price action right now is extremely difficult and brutal. But I want to communicate this as simply and clearly as possible. Since I’m also thinking through multiple possibilities, I’m just sharing the one I believe has the highest probability. The triangle convergence scenario here is undoubtedly frustrating, but in my view, it’s the most balanced and gentle outcome. Since wave 2 moved sideways, wave 4 should normally be a sharp move— meaning we’d need to break below the 76K low and plunge sharply, perhaps to around 73K–71K. But the very fact that it’s forming a convergent pattern suggests strong market strength, so it’s better understood as a consolidation rather than a sharp drop. If the yellow box area is touched, open a long position with a tight stop-loss, set a short take-profit target, and then remove risk afterward. I often say this: spot buyers at the bottom shouldn’t be shaken at all. Just hold with conviction.

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