The reversal is confirmed—so why am I talking about a drop? 🫣
Altcoins have exited the downtrend that lasted for about a year. On the major charts, the structure is changing, interest in the market is returning, and some individual coins are already showing strong growth.
▪️But locally, the picture is getting more complicated: on #BTC, #LINK, #BNB, #TOTAL2, and #TOTAL3, the price continues to rise while momentum is decreasing. This doesn’t negate the reversal, but it does indicate a mature stage of the current impulse.
The main danger is to treat the first sharp dip as an ideal buying opportunity. It may turn out to be only an intermediate correction within the still unfinished first wave: after it, the market can update the high and only then move into a larger decline.
▪️In the new video, I explain why the bullish scenario and the expectation of a correction don’t contradict each other—what altcoins are at different stages of the cycle, and after which move the risk-to-potential-reward ratio becomes more attractive.
Friday, September 11 • USA: consumer inflation (CPI) for August, 15:30
The main thing this week: inflation data on Thursday and Friday. That’s what will show whether the thesis about slowing price growth holds, and which direction the Fed’s rate decision for the September meeting will swing.
Almost a year ago, in October 2025, when BTC was trading above 100,000$, I was actively talking about the scenario I’m expecting. Yes, it was negative and seemed unrealistic to many, but after a year—everything is going according to it. It consisted in the fact that we are expecting a reset of the cycle with a prolonged BTC drop to the 70,000 - 90,000$ range, where most will leave the market, but then, without going into a deep bear market—there should start a new wave of growth and a new ATH (see the screenshot).
August turned out to be a completely different month. The market provided more movement, good opportunities for work appeared, and traders continued to steadily take their setups. At the end of the month, the Trading Chat closed August with a win rate of 68.49% — 50 profitable trades out of 73. It’s also interesting to look at the results of each trader:
🌉 Harmony plans to complete its Level 1 work and move the ONE token to Ethereum.
The project, which has existed for seven years, has announced its intention to shut down its blockchain and begin token migration. Validators will be able to start disabling nodes from September 10.
💼 Harmony also announced the launch of a new AI video business, highlighting a shift in the company’s strategic direction.$ONE