$BTC 1.28 Bitcoin Price Today: The overall market structure is clear (W-X-Y), but the operability is extremely low. The mid-term X wave is oscillating, and its internal structure has multiple possible paths. It is currently impossible to confirm whether it has ended, is constructing the B wave, or is part of a more complex sub-wave, making it unusable for guiding trades. On a smaller scale, the five-wave decline from $98,000 has ended, and the market is currently in a rebound phase, but whether a reversal trend will form remains uncertain. The only technical level to reference is the small-scale resistance near $93,000 above. When the directions at all levels are unclear, the best strategy is to remain patient and trade less actively.