$BTC on the 2-week chart The price is holding above the upper boundary of the Gaussian channel. Historically, losing this level has opened the door to a bear market.
The most realistic scenario Rather than a classic "everything explodes" altseason, my expectation is a selective altseason: One where maybe 10--20% of projects perform extremely well and the rest lag or never recover previous highs.
$BTC price has formed a wave-c of (4) to the downside and has reached the 38.2% Fib level, the correction appears to be complete now. A break above $94,175 would suggest that wave-(5) of c of iv has begun.
$ETH has reached the 100% Fib extension to the upside, which is an ideal target for a wave-c high. This doesn't necessarily mean price must reverse here, but keep in mind that the 4H RSI is overbought, so a local top could be near. Watching for bearish divergence.
$BTC: Still no sign that wave-(5) has started to the upside. A decisive break above $94,154 would indicate that wave-(5) has begun. A larger ABC correction within wave-(4) remains still on the table with key support at $90,141.
$BTC on the micro timeframe A decisive break above wave-(3) would suggest that wave-(5) has already begun to move higher. Ideally, however, wave-(4) would unfold in a more complex pattern given the shallow structure of wave-(2).
$BTC: The Stochastic Oscillator has lost momentum and dropped to the 45 level. Historically, a sustained move below this threshold has often signaled the start of bear-market conditions. However, a reversal similar to what occurred in 2021 could send the price toward a new
$BTC on the weekly chart The RSI has reached 36, its lowest level since January 2023. This suggests the indicator may have established a local bottom and could now be targeting the upper boundary of the channel.
$SUI: The price broke above the descending trendline, this is the first sign that the price may have formed a low. As long as the price holds support above $1.30, a wave-(3) launch to the upside could be the next move.
$BTC: A local top may be forming. Key support to maintain upside momentum lies at $90,141. Losing this level with momentum would be an early warning that the pattern is breaking down.
$ADA: A local top in wave-(3) could be near. Current support for a wave-(4) pullback is between $0.426 and $0.412. A 5 wave pattern to the upside would serve as a first degree confirmation that the price has formed a low.
$SOL: Still nothing changed since my last update. First target to the upside is at $146. As long as the price remains below $171, one more low is still on the table.