$ETH is coiling tight — daily range shrinking, price action compressing hard. We're sitting on a spring here. All we need is one solid sentiment shift, one macro catalyst, and this thing rips.
Watch the breakout zone. If we clear resistance with volume, you've got your entry. Stop under structure, target the next liquidity pocket. Don't chase — let it prove the break, then load. Tight stops, big move potential.
This is the setup. Sentiment flips, $ETH flies.
$BTC sitting at $64,155 — right back inside the 2021 all-time high zone. This is the exact same setup we saw in 2022, and it was a bear trap then.
Old ATHs don't stay resistance forever. They turn into flush zones where the last weak hands get shaken out before the real move.
2022 playbook: price dropped into the 2018 ATH range, bottomed at $15,500, then never looked back.
2026 setup: same box, same structure, four years later.
If this pattern holds, we're looking at a $150K projection.
Inv...
$BTC
Bitcoin may have put in a local top for wave 3, with the next key area to watch being the $64,119–$63,616 support zone for a potential wave-4 pullback.
As long as BTC holds this range, the broader wave structure remains constructive and another move higher is still possible. However, a decisive breakdown below $63,616 would weaken that count significantly and suggest the pattern is turning bearish.
For now, the reaction around this support zone is more important than the pullback itself...