Bitcoin is currently going through a distribution phase according to the Wyckoff model.
📉 As soon as we break out of this range to the downside, I expect a sharp move lower toward the green zone.
The longer price remains inside this range, the more confident I become in my scenario of another leg down.
🧠 In my view, it’s still too early to look for LONG entries.
By the second half of October, we’ll see whether the market is finally ready for buying opportunities. For now, I’m working primarily from the SHORT side.
⚠️ Not financial advice. This is my personal opinion. Manage your risk.
For Ethereum, I’ve marked the zone where I’ll be looking to buy for the long term, provided we get confirmation of a LONG setup on the daily timeframe after a retest of this zone.
⚠️ Not financial advice. Manage your risk, and have a great and productive week!
Over the past 24 hours, this asset has gained more than 35%.
On the chart, I’ve marked the areas where I believe large players were accumulating the asset.
Between November 2025 and January 2026, the asset broke its previous bearish structure, and I believe $17 was the bottom for the bears.
Because of that, I don’t expect to see this asset trading below $30 again.
However, that doesn’t mean I expect it to keep rising from the current levels. This move could simply be another large-player accumulation phase ahead of a future rally. For now, I actually expect a pullback.
🎯 My plan:
If the asset drops toward $50±, I’ll buy with a portion of the capital I’ve allocated to this asset.
Then, on every significant decline, I’ll continue adding — all the way down to $30, if we get there.
🧠 Remember: if you wait forever for the perfect entry, you might never get it.
But jumping into an asset during an aggressive, overbought rally isn’t necessarily a good idea either. You can end up freezing your capital, waiting for the price to recover, and eventually exiting at breakeven before the real move even begins.
Patience and proper positioning matter.
⚠️ Not financial advice. This is my personal opinion. Manage your risk and protect your nerves!