是小九没错

On August 4th, I published the first piece of copy on Binance, with the content being a two-way movement type. Movement 1 is the wave 5-3 plan that breaks the previous high, and movement 2 is the wave 4 plan that ends wave 5-3. The boundary for choosing strength and weakness is set at 115,800 USD, which is the 4-hour EMA at that time. Above the average line is bullish, below it is mainly bearish.
As the market evolves with the movements, the structure becomes more and more complete. The final choice is the continuation plan of wave 5-3.
The overall structure of wave 5-3 is a wedge, specifically manifested as an initial surge, followed by a decline, and then exhaustion.
As shown in the figure:

The internal structure of wave 5-3/ or the overall internal structure of wave 5 will be elaborated below as a possibility of wave 5

July 31, 2025 Bitcoin forecast, quotes sourced from Binance.
Today, I mainly refined the larger structure as the framework for my subsequent analysis and predictions.
Weekly chart as shown:

Weekly structure chart
When it was at 109XXX USD, I had hypothesized a plan for the end of wave 5. The yellow lines in the chart ran a total of 5 strokes, and both the structural strength and time match very well. Wave 5 is viewed as the conclusion of the main bullish rise since 15XXX in wave theory. However, things didn't go as planned, and the market moved in the opposite direction, creating a new historical high.

Therefore, the hypothesis that wave 5 of the weekly structure has ended is naturally invalid. The only existing type of movement in the market is that wave 5 has not ended but has formed an ending wedge structure. Specifically, as shown in the diagram below: