$ETH Ethereum broke the bear flag and rejected from the yellow trendline. B-wave rally topped in April, now we're in the C-wave decline. Support at $1,550 and $1,400. Bounces from here are corrective, not reversals. Unless Ethereum reclaims the trendline resistance, the structure stays bearish. It hasn't done that yet.
$BTC Fear & Greed Index at 12/100. Extreme fear. Historically this shows up closer to major lows than highs. But that doesn't mean the low is already in. Markets can stay fearful longer than expected. The key is that everyone's expecting lower prices while being emotional about it. That's the observation that matters.
$BTC Bitcoin just reached its 200-week moving average. Historically this has been where bear markets find support before recovering. But 2022 happened. Bitcoin broke below it then too, in June, before finding the actual low. Current structure looks similar to 2022. Support levels matter. Breaks below them matter more. This is macro observation, not a signal.
$ZEC Zcash heading back to wave iv support that got tested in February. Micro resistance at $355-$444. If it holds, you've got a level to work with. If it doesn't, the chart already showed you where support lives. ZEC has the structure. Whether it respects it is the only question.
if the 4-year cycle keeps playing out why does it make so many people angry? almost like they want something different but the math keeps the same. the cycle doesn't care about expectations. it just does its thing. $BTC $ETH $SOL $USDT
$SOL broke channel support. the structure that looked corrective from February still looks corrective. just heading lower now. next major support $62-$43. the rally from Feb was a B-wave bounce. now we're in wave 3. downside the preferred direction.
$XRP testing February lows. under pressure, no bullish setup, wave (c) nowhere to be seen. B-waves can overshoot. so can the next leg lower. break below February and $0.985 comes into focus. structure isn't giving bulls anything to work with.
$LINK is just sitting there. broad sideways range, no meaningful low, structure still corrective. basically doing the minimum to stay alive. $7.45 is the trendline. $11 is the resistance that actually matters. until LINK breaks above $11, it's just trapped. and trapped usually means more time at lower prices first.
$BTC Bitcoin remains under pressure after rejecting from the resistance zone identified for the internal wave 4 bounce. The decline looks complete from a wave count perspective, but there's still no confirmation that a durable low has formed. Here's the tension: Bitcoin is increasingly oversold, which typically precedes bounces. But oversold doesn't equal bottom. A meaningful low would require a micro 5-wave advance and a break abov$69,100 for confirmation. The break below $65,000 shifted focus toward $62,700, followed by broader support around $60,200. Bitcoin continues to show downside pressure intact until proven otherwise. Oversold conditions can exist in bear markets too.
$NEAR Wave 5 of (3) is in progress. Wave (4) should start next, but before that happens, wave 5 of (3) could reach the $3.16-$3.57 target zone first. The structure is still unfolding as expected. NEAR showing more conviction than a lot of altcoins at the moment. The next resistance zone tells the story.
$BTC Bitcoin's realized price is near $54,000 after hitting roughly $56,000 earlier in the cycle. Here's what matters: historically, major bear market lows haven't appeared out of nowhere. Bitcoin has often spent weeks or months fluctuating below this aggregate holder cost basis before a durable bottom emerged. The market is approaching that area again. Will history rhyme once more?
$BTC Bitcoin has reached the trendline. There's some risk that Bitcoin is already in wave (3). The main argument against that? Bitcoin is deeply oversold at this stage. If the larger bearish structure continues, Bitcoin could revisit the $39,000 region sometime in autumn. Power Law says maybe. The chart says it's possible.
$LINK Chainlink has reached a Fibonacci support zone. If a bounce starts from here, the first resistance area for wave 2 is between $9.32 and $10.30. Structure matters more than hope at these levels. Watch how LINK reacts from support and whether the bounce shows impulsive characteristics or stays corrective.