$BTC 11.20 Bitcoin price today: Bitcoin is currently around 90,600, it dipped a bit last night, but the overall big framework has not changed. The framework remains unchanged, small fluctuations are just that, as long as the direction hasn't changed, don't get whipsawed out of positions.

Bitcoin is currently following the large structure of W-X-Y that has been emphasized before. The W wave decline has basically ended, and we are currently in the retracement phase of the X wave. The essence of the X wave is to oscillate, repeatedly oscillate, and oscillate endlessly—it does not go up in a straight line; it must oscillate upwards. The entire segment from 126,272 downwards is actually a complete three-wave decline, and this part is almost finished, so what we are experiencing now is the retracement of the X wave.

In summary, the X wave is relatively volatile, with the first small structure forming a 335 platform structure. The overall large structure remains unchanged, and long positions in the X wave can continue to be held; for those without long positions, Bitcoin is currently around 91000, and Ethereum is around 3000, which can be directly bought long.