$BTC has just been rejected right at the projected Lower High zone.
This channel structure has been in play for months, and every major LH has led to a sharp downside move:
1. $126K → top formed → drop toward $80K
2. $97K → top formed → drop toward $60K
3. $82.8K → recent rejection
If this pattern continues, the next major downside zone sits around $42K–$40K.
Bear market cycles typically last ~365 days, and we’re currently around day 219 — meaning there may still be significant downside volatility ahead before a true bottom forms.
As for a return to ~$100K+ levels, that’s possible in a longer-term recovery, but likely only after a full cycle reset — not in the immediate term. $ETH $BNB
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#GOLD ( $XAU ) is holding a strong buy zone after the recent pullback. Entry Zone: 4,500 – 4,540 SL: 4,400 TP1: 4,800 TP2: 5,000+ Buyers are actively defending this support area, showing strength at current levels. If price continues to hold above support, a strong bounce toward resistance is likely. A breakout above 4,800 could trigger accelerated bullish momentum toward higher targets.
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