$BTC 7.15 Bitcoin price today: Bitcoin peaked yesterday at around 123,300. We can say that we have fully captured this wave of rise. That is to say, we successfully took profits on most of our positions at the high point, and now only 10% of our long orders remain, waiting to see if there is a chance to catch the tail end.

This wave of pump started from 98,115, and it is highly likely that it has already completed three waves and is now entering the consolidation phase of the fourth wave. So the current strategy is to wait, wait for the fourth wave correction to finish and the structure to clarify before entering to catch the last rise. It is not appropriate to randomly add positions at this level; only when it corrects to near the support, such as around 115,000, can it be considered to re-enter.

In summary, if Bitcoin retraces to the range of 116000-115000, we can enter another long order, and if Ethereum retraces to around 2810, we can also enter another long order. It may consolidate for three to four days, so be patient and wait.