BTC's current wave structure in the 4h timeframe

BTC price is moving between Swinghigh and Swinglow.
Currently, the small wave inside it has crossed the bullish CHOCH position. Therefore, it is likely that the price will continue to rise and surpass the Swinghigh (Weak) peak.

Kommentera:

After overcoming the CHOCH position, the price decreased and continued to increase, breaking the Swing High peak to form a new structure.