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
$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
Really want to focus on the coins that ppl aren't talking about as much. everyone already knows about $HYPE , zec, pump ,$TON all of those coins. I like looking for coins that are under owned. $VVV was a perfect example; seems like ppl mostly were sidelined (myself included) for a while.
coins that could be under the radar:
BIO (I think entry could be soon)
Sportfun
ONDO
some of the TON/Privacy beta could be interesting but only if the leaders hold up
The way crypto works is that 1 coin becomes the super leader $ZEC and then anything related to that sector starts to also move. So we're now seeing anything related to privacy have strong days, such as $NIL $STRK AZTEC and many others. These go as long as the leader holds #ZEC
$VVV is a great coin that seems criminally underowned and just keeps grinding higher; the best type of trade. I haven't traded this one since the $6s, good work for anyone still in it. #VVV
$BTC For those wondering, yes, I’m still in my swing short.
BTC is currently testing a major area: the previous highs before the breakdown to 60K. If this level holds, there’s a possibility we continue pushing higher.
I still believe we eventually retrace and test the 75–76K region where I placed my scalp long limits, but risk management has to come first. Because of that, I’ve decided to derisk 50% of my short position at a loss. Not because I’ve lost confidence, but because protecting capital is more important than being right.
As I mentioned previously, most of my swing shorts didn’t experience this much deviation. Looking back, I mentioned that I entered too early, and the smarter move would have been waiting for acceptance.
So at this point, 50% of the short is closed, while I’m holding the remaining 50% targeting either sub-70K or my SSL at 84K.
My invalidation level was only briefly missed. This current retrace has given me the opportunity to reduce exposure for just a -0.3R loss while still keeping part of the position open. Given the circumstances, I’m comfortable with that.
Could derisking 50% end up being a mistake? Maybe. I still expect price to retrace below my entry. But I always have to remain open to the possibility that I’m wrong as well. #BTC
📊 Market Structure: Oil still looks very active with liquidity yet to be fully cleared. Even if price pumps higher, we should still remain cautious because unfinished liquidity below (around $89) can still attract price later.
Bias: (⚖️Indicision zone) Expecting a rise back toward $101. I’m still watching that $89 region closely because price hasn’t cleared that liquidity before reversing but all will depend on the 4hr direction and candle close #oil
$MON is a really strong one lately and it looks like those fib regions were the bottom. I never fired or got in but was trading some other coins overall. I think there's going to be a pullback around those highs at $0.037 but it should keep going higher as long as BTC is stable. Monad is still a great project.
If I were looking for an entry, I'd wait for that pullback near the high and then consider buying the dip. But will need to see how it plays out. #MON
$BIO I'm all out of bio and I dont like this slow twap price action. Its clear they are selling in an efficient manner and I think a deeper pullback is probably going to happen. It's still a good coin with a strong narrative but probably needs to chop around for a bit. Maybe 0.04 is a decent area to buy? #BIO