A prominent trader has noted that Bitcoin has completed its five-wave adjustment, with the technical structure indicating a potential bottom may have formed.
2026.07.22 21:34:38
Renowned trader Killa (@KillaXBT) published an analysis noting that Bitcoin’s historical bear markets typically complete a 5-wave correction and form two key peaks. The first peak often occurs during the first sharp rebound after the market top—this is the "complacency peak" where the market widely believes a bull market has returned—after which prices usually go on to hit new lows. He points out that a similar structure has been observed in the 2014, 2022, and 2026 cycles. After the complacency peak forms, the market typically sees a "dead cat bounce" that establishes a temporary bottom; as market sentiment worsens and short positions become concentrated, a short squeeze then drives a price rebound, with the final bottom usually forming after a second key retest. Killa argues that BTC has now swept through the bottom formed by the dead cat bounce and completed a 5-wave correction structure similar to past cycles. From a structural perspective, the correction wave is complete, and the low point may already be in place. However, he remains cautious about the timeline: past bear markets typically lasted around 365 days to form their final bottom, but if the current cycle’s low has already emerged, it has only taken roughly 260 days—about 100 days ahead of historical timelines. He currently holds a 50/50 outlook, but believes the likelihood of a higher low forming next is greater than that of a significant new low.
NVIDIA's dark pool trading jumped more than 4% at one point, amid reports that Jensen Huang is considering returning to the company.
9 minutes ago
ASTER experienced rollercoaster price swings this morning, rallying 30% in one hour before plunging 32% in the following 15 minutes.
9 minutes ago
NVIDIA CEO Jensen Huang is discussing plans to return to the company with his allies, while Silicon Valley executives plan to form a "war room" to lobby the firm's board of directors.
9 minutes ago
Monday price preview for US and South Korean stock markets: SK Hynix is projected to open down approximately 3.8%, with most US stocks trading lower in pre-market hours.
9 minutes ago
Binance will adjust the contract size of the ANTHROPIC USD-margined Pre-IPO perpetual contract and rename it to ANT.
9 minutes ago
The number of signatures on the petition calling for Jensen Huang's return has surpassed the 150,000 mark, with well-known public figures including Elon Musk and Tom Lee having publicly expressed their support.
9 minutes ago
Hot feeds
A trader profits $448K by monitoring #Binance's new listings!
2024.12.13 17:37:29
Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.
2024.12.16 14:48:36
A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address.
2024.12.14 10:35:27
NFT project Ptah has launched, with its trading volume exceeding $900,000 in just half a day; its minting mechanism mandates the use of a Binance Agent ID.
2026.10.23 10:16:30
When Elon Musk tweeted about Moltbook, the meme coin MOLT experienced a short-term 30% price surge, hitting a new all-time high of $114 million.
2026.01.31 18:37:29
A smart #AI coin trader made $17.6M on $GOAT, $ai16z, $Fartcoin,$arc.
2025.01.05 16:05:18
MoreHot Articles

How did I turn $1,000 into $30,000 with smart money?
2024.12.09

10 promising AI Agent cryptos
2024.12.05

The 30-Year-Old Entrepreneur Behind Virtual, a Multi-Million Dollar AI Agent Society
2025.01.22

10 smart traders specializing in MEMEcoin trading on Solana
2024.12.09

A trader lost $73.9K trading memecoins in just 3 minutes — a lesson for us all!
2024.12.13

What is $SPORE? Let us take you through the on-chain records to show you how it works.
2024.12.25

