I still primarily expect that we are entering a Wave 4 correction.
Key correction zone: $4,285 – $3,535
Rule: corrections usually retest the previous internal Wave 4 → so we should at least see a lower low under $4,062.
Wave 4 corrections are time-based → likely we’ll see an extended sideways range before continuation.
On the right side of my chart, I’ve sketched an alternative scenario: Wave 4 already completed, which would mean we push directly into Wave 5. In that case, the target zone would be $5,700 – $6,800, but that would also imply the completion of this upward structure, followed by a much larger correction.
I favor the Wave 4 sideways scenario for several reasons:
Wave 3 itself was very extended → not typical for a clean new 1–2 setup.
Within Wave 3, Wave 4 to Wave 5 was extremely extended → extended 5s often appear in Wave 3s.
$BTC Congratulations to Bitcoin for the largest bull trap of all time at this 7 year higher high false breakout. If we fall below $110,000 ranges, the range that took 6 months to break above, the bull market is over. #MarketPullback
Bought some $JTO and waiting for some other trades right now...I think we bounce soonish. Don't know how strong this bounce will be but will play it level to level #JTO🔥🔥🔥
Debated buying some $OPN but chart still looks like it needs a bit more time to chop.
Going to check out another one today called $LMT limitless. It's on Coinbase spot which is pretty nice but the chart is pretty hard to read...it did a 2x recently from the lows but still unclear levels for me.
The exchange itself reminds me of a sports betting website, the UI and all. Volume looks pretty miniscule and I'm guessing these are going to play out a bit how regular exchanges do- the bulk of the volume is on 1 cex and then you have several other incumbents. Both Kalshi and PM will prob still be #1/#2 but there should be some decent repricing if and when Polymarket comes out with their token.
Going to keep checking others out too I think and make a list. #OPN
$TON I still really like this coin/ chart , not in it anymore due to greed in terms of entry but just watching....will probably put in a starter position and then buy more if it comes down to my levels. #TON
$NEAR : Everyone is shilling this one, I haven't traded it in a bit. It's always one of the better coins for a lot of reasons: It's AI adjacent, it's a L1, it's also got great tokenomics and high float (no VCs to dump on you). It's got a cracked team and the narrative is there.
With that said, TA wise, it's right near the 200d EMA, always an area to watch out for (BTC is also in the same area ironically). It's had an s/r flip of that recent high but overall, I would probably be a bit cautious in the short term given the BTC price action.
If this is a longer term position, I think you make money though. Zoom out and you can see this coin got utterly decimated (as every other coin did too) #NearBullish
$BTC lower time frame look, price looks a bit heavy right now in the short term. Not sure why price is grinding down but this area was always something I was looking at (200d EMA). If we continue grinding lower, I'm looking around the 200 EMA 4h around 76k. #BTC
$BTC the last time price had this type of setup was Jan 2023, where price was deep under the 200d EMA and started to react with it. Yes, price had other interactions with the 200d EMA throughout the years but price/EMAs were much more compressed back then.
Still wouldn't be surprised to see more chop/ consolidation around this current area for a while longer to be honest. Last few weeks have been awesome trading conditions though #BTC
$TON been watching this level but reaction is poor + this region has already been tapped a few times. Maybe not a horrible area to take a stab at but I'm going to try to wait a bit longer for $2.15 region or so I think. #TON
Still just mostly waiting for some trades right now...really want to buy any of these a bit lower: BIO ONDO $ZEC $TON . Also have some spot coins from lower that I'm not really trading, just holding. Looks like another pretty muted Sunday yesterday #BIO
$VVV is pretty much the best type of coin- seemingly under owned, great fundamentals, relevant narrative, and just keeps grinding higher, leaving most of us sidelined because we aren't top blasting at these levels. I am not firing here and haven't traded it since the $6s but insane moves, congrats to all who were in it. #VVV
Native Crypto traders have been struggling and somewhat depressed the last few months but I imagine that we are still happier than DeFi farmers... there's virtually no new yield, no new innovations, and not much opportunity in that landscape. Those who believe in crypto fundamentals are likely horribly disappointed and I don't see much out there right now.
Ofc this is eventually going to change and there will be some new good strong farms (there might even be some now; the best ones are usually under the radar). But there haven't been too many cooks in the DeFi landscape for a while.
Everyone in crypto knows that these tokens are dogshit and worth mostly $0 but at least traders are able to trade momentum and find new plays. There's always something trading in crypto (though the last 2 weeks have given some amazing opportunities relative to the last few months).
Good luck to the farmers out there, I hope you find some cooks soon #AirdropAlert
$BILL I dont have a damn clue what this does (I think it's AI related) but it's nice seeing some TGEs give a few x opportunity to retail instead of being down only. I'm sure this is going to crash to $0 eventually but still, a beautiful move. I scanned it on TGE but never fired fml #BILL
$PLUME definitely an interesting chart...it had a strong pullback (as everything did) but if RWA is going to be a legit narrative ( $ONDO is doing pretty well right now), I think Plume could be a decent pick. It's got a great team and it can still go several x from current prices without much effort. I'm an investor and still think it could run. #ONDO
I've been talking about $SOL for a bit now and still think that it's going to lead if bullish conditions continue. Risk on behavior is coming but we do need to see Solana break out of this area it's been consolidating in. Probably $120+ if that happens imo #solana