Yes, I am using a small 15-minute timeframe to estimate that we are in corrective wave 4.
The possibility of a real and very long altseason is not in the current cycle but might be somewhat delayed in wave 5 of the larger timeframe, which will be after the series of corrections of the large corrective wave 4 has truly finished. In the small timeframe, if there is an increase from the current decline, we might only feel the initial fractal of the cycle, like a regular price recovery, but not an explosion like a real altseason.
Because it is still part of the corrective wave 4.
Later, when the corrective wave 4 in the larger timeframe structure is finished, we will then enter the actual wave 5 in both the larger and smaller timeframes (synchronized).
So, if we look at the extension of the previous correction and yesterday's movement where the market trend reversed immediately because of Tr*mp, it makes sense that the extension of the previous correction is due to insiders who already knew that the market would be dropped and anticipated by selling first. This resulted in the extension of the correction, making this small timeframe wave 3 somewhat delayed, somewhat flawed, and short.
