Take a carefull look at the blue/red degrees labeling and highlated rectangles. This is a wave degrees labeling and norms where any ensuring reaction should last.

1) If the markup is correct, the whole structure is a first wave.

2) The current reaction is a micro degree wave, the blue numbers. Consequently, a bearish 5 wave, micro-degree, may be ahead of us!

3) This fifth wave ends the sequence of wave 1, the minor degree. The first waves are usually corrected almost completely, 60-80%. That is, we could see another rise, within the 2nd wave, minor degree.

However, the 3rd waves usually are the strongest in the sequence, that is, stronger than what we had from 2024 December to April.

#Elliottwave $USDC