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I would like to share my perspective on the Bitcoin short position as of August 23. The basis for this idea is twofold. First, the upward movement in the 118,684 ~ 117,435 range appears to be an impulse. The reason is that wave 5 forms a 1.272-length ratio of wave 1. Second, if you look at the red trendline, you can see that the downside breakout has begun. Therefore, I believe that adopting a bearish perspective is more reasonable. The target average price for this position is 114,340. I hope you achieve good results. I will continue to track price movements and update this idea to monitor future trends as well. Thank you.

I will present a short position perspective on Ethereum for August 12. This idea is based on the premise that the direction is downward, derived from a strict counting of Bitcoin, and the specific entry point was set based on the Shark pattern. Accordingly, the average take-profit target was set at around 4,126 USDT. I plan to continue updating this idea as the movement unfolds. Thank you.FIRST TP HIT!!

Today, I will introduce my short position outlook for Bitcoin on August 12. There are two grounds for this idea. First, an arbitrary wave X forms a 0.382 length ratio with another arbitrary wave. In general, the 5th wave often has a length ratio of 0.382 compared to the 1st wave. In this case as well, it can be counted in the same way. Second, as a result of applying the Fibonacci in reverse to the wave that appears to be in a diagonal form, the point where the ratio of 2 is formed almost exactly matched the recent high of around 112,360. I often use this kind of “reverse Fibonacci.” Normally, Fibonacci is drawn with the past point as the first point and the future point as the second point, but I do the opposite — setting the future point as the first point and the past point as the second point. In this case, ratios such as 1.618 / 2 / 2.24 / 2.618 / 3 / 3.618 are often used. It is especially effective for measuring ratios between wave pairs that skip one wave, such as between wave A and wave C, or between wave 3 and wave 1. thank you.2TP HIT!!ALL TP HIT!!

Recently, Solana’s price movement has been showing a very classic Elliott Wave pattern. Based on this, I would like to present a bearish outlook this time. The basis for this idea is as follows: Wave 5 = 50% of the length of Waves 0–3 Wave 5 = equal length to Wave 1 (1:1 ratio) In addition, the fact that Wave 5 is forming an ending diagonal pattern strongly suggests the possibility of a decline. Please refer to the chart for more details. Accordingly, the first target price has been set at 175 USDT. I plan to continue updating this idea as the movement unfolds. Thank you.FIRST TP HIT!!

In the August 10th idea I’m sharing today, I would like to focus on the bearish perspective. As a swing trader, I am not particularly tied to the major trend, but I believe that this decline is meaningful enough within the short time frame, and I would like to share this perspective with you. The main bases used in this idea are as follows: -Harmonic 1.902 Crab Pattern -Traditional ratio relationships in Elliott Wave Theory (1.618) -Full Fibonacci 0.618 retracement Based on this, I have set the average target price at approximately 114,500 USDT. As time goes by, I plan to add more specific drawings to support this idea so that you can understand it more easily, and if the target price is reached, I will also share the entry price and take-profit price for your reference. Thank you very much for reading, and I sincerely wish you an overwhelming amount of strong luck. Thank you.

In this idea, I would like to present a bearish perspective on Ethereum. This perspective was derived based on the Elliott Wave Theory. Until this pattern is confirmed, I have been continuously tracking the Elliott Waves and adding reasons for the bearish scenario one by one. As a result, I have concluded that the next major move is likely to be downward, and while searching for a specific entry point, I detected the recent trendline break. If this wave is clearly confirmed, I believe there is a high possibility of a decline to around the average take-profit level of 3763 USDT without much difficulty, and therefore, I am considering entering a short position. All the details have been drawn on the chart, so please refer to it. Thank you very much for reading, and as time goes by and the chart becomes clearer, I will continue to update this idea accordingly. Thank you.

In this idea, I would like to present a bearish outlook on Ripple. There are three main reasons on which this perspective is based. First, an arbitrary wave X forms a 1.272 ratio with another arbitrary wave X. Second, a 1.414 BUTTERFLY pattern has formed. Third, if the consistently formed trendline is broken to the downside, I believe the likelihood of Ripple’s decline will increase. Accordingly, the average take-profit target has been set around 3.145 USDT. Thank you very much for reading, and as time goes by and the chart becomes clearer, I will continue to update this idea accordingly. Thank you.SECOND TP HIT!!

We are the SeoVereign Trading Team. With sharp insight and precise analysis, we regularly share trading ideas on Bitcoin and other major assets—always guided by structure, sentiment, and momentum. 🔔 Follow us to never miss a market update. 🚀 Boosts provide strong motivation and drive to the SeoVereign team. -------------------------------------------------------------------------------------------------------- Hello. This is SeoVereign. My fundamental view on Bitcoin, as mentioned in the previous idea, is that I am anticipating an overall downward trend. In the mid- to long-term, I believe the downward pressure will gradually increase, and this is partially confirmed by various indicators and the overall market sentiment. However, before we fully enter this downward phase, I have been judging that one more upward wave is likely to remain. I have focused my strategy on capturing this upward segment, and I have recently reached a point where I can specifically predict the development of that particular wave. If this upward move unfolds successfully, I plan to set my take-profit range conservatively. The reason is simple: I still believe there is a high possibility that the market will shift back into a downtrend afterward. The core of this strategy is to minimize risk while realizing profits as efficiently as possible toward the tail end of the wave. The relevant pattern and structure have been marked in detail on the chart, so please refer to it for a clearer understanding. In summary, I view this rise as a limited rebound that could represent the last opportunity before a downturn, and I believe this idea marks the beginning of that move. I will continue to monitor the movement and update this idea with additional evidence. Thank you.

The previous idea did touch the average TP price, but showed a rather disappointing rebound, so I will once again attempt to capture the starting point of the rebound. It is still considered that one more upward wave remains. Accordingly, the TP is suggested at 118,057 USDT. As always, I will carefully observe how the chart develops over time and update this idea with further explanations by organically integrating its specific interpretations and underlying rationale. Thank you.1tp hit!!2,3 TP HIT!!

We are the SeoVereign Trading Team. With sharp insight and precise analysis, we regularly share trading ideas on Bitcoin and other major assets—always guided by structure, sentiment, and momentum. 🔔 Follow us to never miss a market update. 🚀 Boosts provide strong motivation and drive to the SeoVereign team. -------------------------------------------------------------------------------------------------------- Hello. This is SeoVereign. I am still holding the long position that I suggested in the idea posted on July 9th. Regarding the upward trend that started around 107,200 USDT, I have consistently maintained my position without much doubt until just before posting this idea, as there were no clear signs indicating a decline. However, at the time of writing this idea, some elements suggesting downward pressure are gradually being detected. Nevertheless, this idea is constructed around the upward scenario. The reason is that, as mentioned in this idea, a ‘single upward move’ is expected to occur with relatively high probability. Whether this rise leads to a trend reversal or serves as a precursor to a downturn will likely depend on how the chart unfolds. The average TP (target price) is set around 119,300 USDT. As always, I will carefully observe how the chart develops over time and will update with further explanations that organically integrate the detailed interpretations and grounds of this idea accordingly. Thank you.average tp 119300 hit!!