$BTC 1.15 Bitcoin Price Today: Bitcoin is currently trading above 97,000, with an intraday high approaching 98,000. From a technical perspective, Bitcoin is still in an oscillating rebound process within an X wave. This rebound has not yet completed structurally; it is currently only in a consolidation upward phase within the X wave, and there are no signals indicating it has ended.

In terms of timing, it took nearly 19 days to rise from around 80,000 to 94,000. The current rebound from the starting point to now has only been about three days. Both structurally and in terms of time ratio, this is not enough to support the idea that this trend will end immediately. Therefore, a more reasonable understanding at this point is that the oscillation is slowly moving upward.

In summary, the X wave is expected to continue for some time from a timing perspective. During this period, it’s still worth looking for opportunities in small-cap coins.