BTC 2025.04.29

145
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Following the idea published on the 22nd, we are now shifting from the long (buy) perspective, which we have consistently maintained for an extended period, to a short (sell) outlook in the near term.
We sincerely hope that many of you were able to achieve meaningful results during the previous uptrend. Now, however, we are detecting clear signs of a market transition and, accordingly, we present a short-side strategy.

From a technical standpoint, the current chart is delivering highly significant signals based on Elliott Wave Theory.
Notably, the ongoing 5th wave has extended precisely to 1.618 times the length of the 1st wave — a textbook example of an extended 5th wave under Elliott principles.
Such structural completion statistically suggests a heightened probability of a major trend reversal.

Visually, each wave is forming with remarkable precision and natural flow, without any signs of forced interpretation or overfitting.
It represents an ideal wave structure — clean, coherent, and organically developed.
Taking all these objective and structural factors into consideration, we believe this is a highly appropriate juncture to consider exiting long positions and exploring short entries.

For those who share this view, please refer to the following target levels when establishing your strategy:

1st Target: 90,868

2nd Target: 87,831

As always, we strongly encourage you to accompany any position entry with thorough risk management and flexible operational strategies.
The market can always move beyond expectations, and maintaining a posture of humility and preparedness will be your strongest defense in protecting your capital.

This is a time that demands sharp insight and decisive action more than ever.
We wish all of you wisdom, clarity, and strength in making your next strategic move.

Disclaimer

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