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After enduring a prolonged and painful correction, Ethereum has tested the patience of many crypto investors, particularly those anticipating the long-awaited arrival of altcoin season. Sentiment across the space has remained cautious, as repeated failed rallies and a lack of follow-through have left many questioning whether the broader alt market will ever regain momentum. However, there are now early indications that conditions may be shifting. A notable bounce has occurred from the overall low anchored VWAP—a level that has historically acted as a key reference point for value and trend continuation. The presence of responsive buyers at this level suggests it may be establishing itself as a strong demand zone, potentially forming the foundation for a broader structural reversal. Additionally, subtle but important changes in market structure are beginning to emerge. We're seeing higher lows form on shorter timeframes, alongside a reduction in selling pressure—both of which are early signs of a possible trend change. If Ethereum can sustain its hold above this support and reclaim key resistance levels with strength, it could ignite renewed confidence across the altcoin market. Should this prove to be a meaningful low, it may very well set the stage for alt season to finally take shape—bringing with it a rotation of capital into high-beta assets and broader participation across the crypto space.First TP hit at the previous VALTaking 70% profits on the massive move, leaving some running

Bitcoin is currently facing significant resistance at key technical levels and may be positioning for a potential sharp decline heading into Thursday, particularly as markets close and geopolitical tensions in the Middle East threaten to escalate. Two key technical confluences support this thesis: 1. Bullish Gartley Harmonic Pattern: This setup is developing with highly precise ratio alignments, targeting a convergence at the Point of Control (POC) alongside multiple anchored VWAP levels. While the pattern typically involves a sharp decline, it often precedes a powerful reversal once liquidity is swept from the lows, making this a potentially attractive risk-reward inflection zone. 2. Failed Auction Structure: Price action has demonstrated an inability to sustain a breakout above the established fair value range, instead reverting back within the bounds of a parallel channel. This failed breakout—confirmed by a rejection at the upper end of the volume profile—suggests heightened probability of a move back toward fair value, marked in blue, which coincides with the POC and represents the market's most accepted / traded price. We’ll observe how the setup develops from here.Low might be in at 98k, I have started to build my long positions on equities related to BTC. Additionally, ETH looks very interesting.So far , the current range is rejection the value area low. Should we get the drop back to the lows at the POC, I will compound the position. However, we did get a nice bounce from the anchored vwap from the 70k lows on the hourly, which is a nice sign.We could be seeing a completed ABC correction now, for a rotation back to ATHWhat now looks to me as a failed breakdown, and rotation to the high of the range to comeCurrently at some big resistance coming upFirst target hit! Nice melt upNice bounce off the VAH of the range, as well as the anchored vwap at the low

After surpassing recent all time highs, the Bitcoin price has seen a slight rejection from the $112k price point, and now potentially forming what may be a corrective structure prior to continuation of the uptrend. I have charted an elliott wave combination correction featuring a flat, and 2 following zig zags, also knows as a WXY correction which is simply multiple ABC corrections merged to form a larger WXY zigzag. The target for this correction is a third and final sweep of the low, being a reversal move and not a continuation to the downside. This is somewhat consistent with a triple three correction, with multiple liquidity grabs before resuming in the direction of the original trend. I will be watching closely over the week to see if we can get a sweep below $106k , where I will look for potential long trade entries.Here is the 1-1 extension based on the WXYInvalidation for this pattern is for price to break above X pivot, therefore it is not valid.Elliot wave invalidatedWow, crazy fakeout on BTC. This pattern is still now back in play with the big fakeout droptarget hit for long trade 105kWould like this 618 retracement to hold and rotate higherBig drop to 104k, I will be keeping the trade open and in fact adding some to the position here. Preference is to hold the 104k low, otherwise I will stop out and look for better entries.Currently slightly offside on this prediction by a few percentage points, but I do still believe that BTC can continue higher. I will plan to scale this position larger up until the Value Area Low is lost being below 102k. For now, the overall trend remains bullish, and the stop loss is within just 3%.Looking like we are getting a bounce at the POC

Bitcoin has exhibited a notable resurgence following a significant decline into the lower $70,000 range, where it encountered key structural support zones. This retracement catalyzed a pronounced rebound, signaling a potential shift in short-term market sentiment. At present, price action has reclaimed the prior all-time high (ATH) range but has encountered resistance at the current Point of Control (POC)—the most heavily traded price area—indicating active participation from sellers. Sustaining the Value Area Low (VAL) in conjunction with the downtrend-anchored VWAP around the $93,000 level will be pivotal for confirming a full rotation back toward the upper bounds of the value area, near $102,000. This upper region represents a significant liquidity cluster, where a potential bull trap or liquidation cascade could unfold as late entrants enter the market under the assumption that the corrective phase has concluded and a new impulsive leg is underway. However, this area also marks the apex of the value range, where a reaction is statistically more probable—much like the recent rejection seen at the POC. Should Bitcoin successfully defend the VAL, a broader value area rotation would be expected before any renewed downside pressure. A subsequent pullback toward the previous value area high could then act as a confirmation of breakout support, validating the bullish structure. Ideally, this scenario—characterized by respect for value area dynamics and rotational momentum—would align most cleanly with market structure and auction theory. As price oscillates between value zones, each range is sequentially validated as either support or resistance, providing a framework for interpreting market behavior with greater precision.Currently, I want to share this overall rotation into the Value Area, following a tap at the POC, and now maintaining the downtrend anchored VWAP from the ATH as a support. This is generally a sign that the trend is reversing/ showing strength as long as it holds the VWAP.On the lower time frame, if this the daily vwap bounce then I would want a new impulse to start off a 618 bounce like this.MACD crossing , lets see how it plays outPerfect bounce at the 618, and layered anchored vwaps. This is a strong support, I will be looking to 102k for the larger short trade. Be aware of the POC at 97k for an SFP, but clearing the range would make it more probable for a full value rotation to the value area high and monthly level.Almost at the targetLooking for short hedge protection at these levels. Losing the monthly level would be a great sign of weakness.Looking for the short from the VAH here, first target will be 97k POC (most traded zone) and we will see if the price decides to bounce or continue lower!Just note, I have pulled the fixed range for this entire price action above 80k, which is the reason the value area high is now at 105kMarket currently seems to be consolidating sideways, on not quite giving me the reaction I want. Will hold the short for now as a hedge in case we drop. But I do feel like the highest probability is for higher prices to come.And perfect like clockwork, we get the drop, bounce at the vwap for a textbook Elliot Wave ABC correction

Gold has proven to be an exceptional hedge against the prevailing uncertainty in global markets, with much of this volatility driven by geopolitical tensions and policy unpredictability stemming from the influence of Donald Trump. Amid this backdrop, investors have increasingly sought safety in tangible assets, and gold has emerged as a preferred store of value. Presently, GOLD has reached a significant technical milestone — the 1.618 Fibonacci extension level from the 2015 bear market low — after delivering a remarkable 100% appreciation over the past decade. This confluence of long-term Fibonacci projections and a sharp acceleration in price suggests that gold may be approaching a key inflection point. Given the speed and magnitude of this recent rally, a period of consolidation or even a short-term pullback appears likely. Traders and long-term holders may begin to lock in profits, especially as valuations in gold become stretched relative to historical norms. The capital generated from this profit-taking could be rotated into other asset classes that are currently oversold or undervalued, potentially igniting a broader rebalancing across financial markets. In this context, I see gold not only as a barometer of risk sentiment but also as a potential trigger for cross-asset shifts. Should profit-taking in gold accelerate, it could act as a catalyst for renewed interest in equities, commodities, or even emerging markets — areas that may offer more attractive risk-reward profiles at current levels. As such, I’ll be closely watching gold’s price action, not just in isolation, but for the signals it may send about broader market dynamics and capital flows.How I am approaching GOLD moving forward for a potential 5 count wave , where the common target for 3 is the 1.618 extension, and the 4th wave can be a great buy for a blow-off top when the federal reserves begins quantitive easing and stimulus.Here comes the breakdownSo far, wrong on the breakdown sees like gold wishes to continue trading higher. Well be monitoring this one for further developments

The markets have started to recover the recent downtrend showing some signs of strength by hitting key levels, and looking to change the overall direction of the downtrend. You can see the support being built up on BTC with this move higher, constantly bouncing and making higher highs and higher lows. We do have some key support below us, namely the point of control, cc fib, vwap, monthly level. Quite a large support. If lost, this could be quite bearish, however there could also be an argument for the bulls to really step in here and show the support to pump bitcoin above the key price of 90k. Lets see how it plays out!Taking the long at the key levels. I will watch for stops below 83k if we start closing lower

With Donald Trump officially assuming office on January 20, 2025, the United States is set to inaugurate what is widely regarded as the most pro-cryptocurrency administration in history. Whether this development will ultimately prove beneficial or detrimental to the financial markets remains uncertain.For cryptocurrency investors, particularly those who closely follow market patterns, it is crucial to consider key principles of Elliott Wave Theory and broader market cycles.Elliott Wave Theory is a technical analysis framework that seeks to predict market movements by identifying repetitive patterns rooted in collective investor psychology. According to this theory, markets tend to oscillate between extremes of optimism and pessimism in a series of waves.There is reason to believe that the current market environment may foster a sense of optimism, particularly if the U.S. government were to announce the establishment of a strategic Bitcoin reserve. Such an initiative would likely generate significant positive sentiment among investors. However, as Elliott’s principles suggest, this could also signify excessive optimism—a warning sign for those attuned to market cycles.A retrospective analysis of previous cycles, combined with an assessment of the current Elliott Wave (EW) count, indicates that the market is likely in the fifth and final wave of the overall EW cycle, which comprises five waves in total. Elliott theorized the possibility of an "extended wave," often occurring during the third or fifth phase of a market cycle. These extensions typically arise from external interventions, such as government policies, which can either amplify or suppress natural market dynamics. While such interventions may alter the scale of a wave, they do not disrupt the overarching five-wave structure.At present, it appears the market may be on the cusp of an extended fifth wave, potentially leading to a significant "blow-off top" in the ongoing cycle. By employing trend-based Fibonacci extensions, it is possible to project key price levels. Measuring the start of the cycle to the projected peak of wave 5 suggests a top around $107,000, followed by a corrective move bottoming near $89,000. This analysis yields potential upside targets of approximately $123,000 and $145,000 respectively.Despite the apparent upside, investors should remain cautious at these levels.If the U.S. government announces a Bitcoin strategic reserve, the event could prompt a "sell-the-news" reaction, heightening the risk of a sharp market correction. In my assessment, the potential downside risks may outweigh the anticipated gains.Ultimately, only time will reveal the full impact of these developments on the cryptocurrency market.Here is the current count I have. Although there may be some imperfections, the overall structure is quite clearly to be in the final 5th wave.Looks like we may have potentially finished a WXY correction here, and now looking for Bitcoin to move into its final wave

XRP forming an EW 5 count triangle , aka bull flag. Looking to set point E for a bounce and potentially longer term hold.Longer term trend is still currently bullish as this may simply be a continuation pattern.Noticed my triangle was a bit incorrect here, still looking for the lower E wave to be put in

Bitcoin has been consolidating sideways for the last few weeks after taking the highs at 108k and moving back down to the lower portion of the value range. I am looking for a potential ABC corrective structure here after a rejection at the 0.618 from the recent bounce, leading me to believe we may see the 1-1 extension of this corrective move down towards the mid 80k range, in particular around 87k. We are moving downward here with some stronger momentum as the downtrend has provided significant resistance to price, and support levels such as the weekly at approx 94k failed to provide a strong zone of support. I will be looking for a large potential liquidity grab over the coming days for a potential long trade back to the highs. Only time will tell!Looking for a bit lower to the 1-1 extension around 86k for new long trades!Into the POC, potential short trade back to the lows hereBlasted through the POC and now changing the overall market structure. New compound zone at the anchored vwap and 100k zone.Adding some flavourPotential top of the market based on elliot wave coming up between 120k -140k for the final 5th wave!Another potential whoopsie coming upInterested in the short trade here after a large SFP of the previous pivot to set a lower highLooks like there was no real confirmation or chance at the short just yet. We may be forming an EW triangle with a failed breakout at the moment due to a lack of volume. I would not be surprised if this is simply a continuation higherEnded up playing out

XLM also known as Stellar was exposed to a less than stellar launch back at the peak of the 2021 bull market. However, after a massive beat down to les than 10cents, XLM has recently rallied back to all time highs on the notion that American made crypto holders can realize gains without capital gains tax. Not only that, but XLM offers low-cost transfers which allows cross-border transactions between any pair of currencies. At the moment, I have been watching XLM consolidate after a huge move, which may be a potential signal that this crypto is coiling up for its next move higher. I have taken this long trade at the Value Area Low, and would like to see new all time highs made. We've also bounced off the anchored vwap from the beginning of this recent pop upwards. Lets see how this one plays out!Coming back into the buy zone hereThere it iswelp Stopped out