$COIN #PriceDiscussion #Analsis The price has seen a very deep pullback, which can still be interpreted as a wave 4 within a diagonal, although the structure is becoming less typical. A wave 4 in a diagonal is allowed to retrace toward the 61.8% level, which in this case is around $181.36, and even slightly beyond. The formal invalidation level remains the wave 2 low at $162.70. Given the depth of the pullback, the structure is less clean, but it has not been decisively invalidated. The current focus is on whether the market can form another high. Due to the deep retracement, a full extension toward $250 appears less likely. A more reasonable upside target for a potential wave 5 would be around $229.70.
$ETH #Analysis The price got rejected from resistance and is still working on wave 3 to the downside. Resistance for wave 4 is defined between $2290 and $2334.
$TAO #analysis #MarketDirection TAO has not provided any new structural information and remains under pressure. The price is attempting to stabilise within the Fibonacci support zone, but there is no confirmation that a low has been established. The reaction from the April low lacks impulsive characteristics, which reduces confidence in a sustained recovery and keeps the structure vulnerable to further downside. The next support to watch is at $226.70. On the upside, the first resistance remains at $282–$283, which would need to be broken to indicate a potential shift in structure.
$BTC Bitcoin has reached an important support level. This is the 78.6% retracement level at $74,968, which is important for the orange scenario. Should the price break decisively below this level, then probabilities will shift to the white scenario. However, both scenario show a corrective pullback for now, which keeps the door open for higher prices.
$BTC Bitcoin has seen another sharp rejection and is now testing the support zone between $74,968 and $75,910. As expected, volatility is increasing, but there are still no decisive structural breaks at this stage. The move remains within the broader corrective phase. Both the orange and the white scenarios remain valid. Technically, both still allow for higher prices once the current correction is complete.
$SOL The daily RSI on Solana hit the most oversold reading in its history. The weekly RSI matched December 2022 levels. Both of those are facts. What you do with those facts depends on your timeframe. Short term bounce was expected. Long term bottom not confirmed.
$INJ A break above $3.70 would make it more probable that wave (4) is still unfolding. If we see a rejection from this price region, then this could indicate a price top in wave B.
Ethereum is approaching the descending trend line from October. Everyone is watching for a breakout. But without five waves up, any break above it is most likely a fake breakout. A brief overshoot, maybe 10 to 30 percent, and then the real sell off begins. Do not confuse price movement with trend change.
$HBAR Still no confirmation that wave (2) / (B) is complete. If my interpretation is correct, then one more low is likely and we should soon see the start of the c-wave decline.
Should the price break above the intraday high a larger B-wave bounce becomes likely. All parameters remain unchanged. A first signal that wave 2 has topped would be a break below $77,640
$SOL The initial micro resistance zone is defined between $86.82 and $88.46. A break above this zone would be required to indicate that a local low may already be in place. However, as long as price remains below this zone, the white scenario continues to lead.
$BTC Our first support area remains located between $74,968 and $77,253. Bitcoin is currently testing this support zone. There is no sign that a major price top has formed, but a pullback in wave (B) or wave (2) remains likely. As long as the price holds above $74,968 this pullback can be interpreted as B-wave pullback in the orange scenario. The lower boundary line of the trend channel can potentially offer some additional support.
$FET #indication The Fetch.AI price is currently consolidating after finding support around $0.204, which can be interpreted as part of a B-wave within the broader structure. The market is in a holding pattern at this level, but as long as price remains below the red resistance at $0.222, downside pressure remains intact. A break above $0.222 would indicate increasing upside momentum and opens the door to a potential extension higher under the blue scenario. This area also represents the region where a wave 4 low could form, but there is no meaningful upside reaction yet.
$BTC Sometimes the most honest thing an analyst can say is we are not there yet. The target zone is 82K to 94K. We have not reached it. The top is not confirmed. The support is holding. There is nothing to be bearish about yet. Patience. $BTC #Bitcoin❗
Ethereum is approaching the yellow trendline, which could provide resistance. The 100% extension target for wave C is located at $2679. This is an ideal target for a C-wave.