$BTC has broken above the descending trendline and successfully retested it as support. For now, the move still looks like a 3-wave structure. We need to see waves 4 and 5 develop before we can have stronger confirmation that wave-(2) has bottomed. #BTC Price Analysis# #Bitcoin
$SOL Solana is still stuck in corrective price action. The bounce from the June low remains a 3-wave recovery, with no clear confirmation yet that a meaningful bottom is in. #Solana #SolanaETF
$BTC : This is the first warning sign for me. Price has broken below the 78.6% Fib retracement, while the reaction from the 88.7% Fib level has been pretty weak. That’s a reason to stay cautious for now. However, if BTC manages to break above the descending trendline, it could signal that the bulls are starting to regain control. #BTC Price Analysis# #Bitcoin