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$SOL
The price is trying to break above the yellow trendline at the moment, but upside momentum is weak. I can only identify 3 waves to the upside so far, and another low in wave (B) remains possible. Please note that CPI data will be released tomorrow, so we may not see significant movements today.
#solana
The price is trying to break above the yellow trendline at the moment, but upside momentum is weak. I can only identify 3 waves to the upside so far, and another low in wave (B) remains possible. Please note that CPI data will be released tomorrow, so we may not see significant movements today.
#solana
Solana Lower Time Frame Analysis
What we’ve seen so far:
A three-wave bounce (A)A three-wave pullback (B)A very small reaction from support
That’s not enough to confirm a trend reversal.
The next potential move could form a C-wave upward, but this depends entirely on structure and breakout levels.
📈 Key Bullish Confirmation Levels
To gain early confidence that a local low is in place, we need:
Break above the yellow trend lineA move toward $89–$90Further continuation toward $96 (April low resistance)$96 is especially important as it’s a prior key level where resistance may reappear.
⚠️ Bearish Risk Levels
Now for the downside risk.
If $SOL loses $72, which is the 78.6% retracement of the last rally, the probability increases that:
A new lower low will form
Price could drop toward $62 region
Below $72, the bullish case weakens significantly.
A three-wave bounce (A)A three-wave pullback (B)A very small reaction from support
That’s not enough to confirm a trend reversal.
The next potential move could form a C-wave upward, but this depends entirely on structure and breakout levels.
📈 Key Bullish Confirmation Levels
To gain early confidence that a local low is in place, we need:
Break above the yellow trend lineA move toward $89–$90Further continuation toward $96 (April low resistance)$96 is especially important as it’s a prior key level where resistance may reappear.
⚠️ Bearish Risk Levels
Now for the downside risk.
If $SOL loses $72, which is the 78.6% retracement of the last rally, the probability increases that:
A new lower low will form
Price could drop toward $62 region
Below $72, the bullish case weakens significantly.
$XAG silver
The price is stabilizing above micro support after the recent advance. The pullback has remained shallow so far, keeping the possibility of a wave 5 continuation alive. Structure has not deteriorated, but a breakout is still required to shift from consolidation to upside trend continuation for one more high.
The price is stabilizing above micro support after the recent advance. The pullback has remained shallow so far, keeping the possibility of a wave 5 continuation alive. Structure has not deteriorated, but a breakout is still required to shift from consolidation to upside trend continuation for one more high.
$BTC
Price continues to move sideways, holding above micro support while remaining capped below resistance. The structure since Friday still resembles a corrective B-wave environment, with no impulsive reaction yet visible.
As long as micro support holds, the consolidation could lead to higher prices. A decisive break above $70,030 would be the first signal that upside momentum is building and that the range may resolve higher.
Until then, the market remains in a holding pattern. No structural change yet, just a slow process of working through support and resistance.
Price continues to move sideways, holding above micro support while remaining capped below resistance. The structure since Friday still resembles a corrective B-wave environment, with no impulsive reaction yet visible.
As long as micro support holds, the consolidation could lead to higher prices. A decisive break above $70,030 would be the first signal that upside momentum is building and that the range may resolve higher.
Until then, the market remains in a holding pattern. No structural change yet, just a slow process of working through support and resistance.
$XLM
Price has reached the blue target zone this week. A break above $0.255 would be the first indication that buyers are starting to take control. A clear five-wave move to the upside would further support the case that a new uptrend is developing.
Price has reached the blue target zone this week. A break above $0.255 would be the first indication that buyers are starting to take control. A clear five-wave move to the upside would further support the case that a new uptrend is developing.
$ETH
Ethereum is now testing the first trendline. I have adjusted micro support to $2000 - $2075. So far the upper support zone continues to hold, which keeps the direct recovery rally intact.
Ethereum is now testing the first trendline. I have adjusted micro support to $2000 - $2075. So far the upper support zone continues to hold, which keeps the direct recovery rally intact.
$ETH
I cannot identify a clear 5-wave move to the upside yet. Should the price break below $1987 then wave (A) likely unfolds as 3-wave pattern with support between $1818 and $1923.
I cannot identify a clear 5-wave move to the upside yet. Should the price break below $1987 then wave (A) likely unfolds as 3-wave pattern with support between $1818 and $1923.
$SOL
The upper micro support zone is still holding but should the price show weakness on Sunday and break below $82.70 then the lower support zone will come into focus. The $72 - $78 area will be relevant should circle wave A form 3 waves instead of 5.
The upper micro support zone is still holding but should the price show weakness on Sunday and break below $82.70 then the lower support zone will come into focus. The $72 - $78 area will be relevant should circle wave A form 3 waves instead of 5.
⚠️ $5.2 BILLION IN SHORTS AT RISK
$BTC hitting $80K would liquidate more than $5.3B in Bitcoin shorts.
$BTC hitting $80K would liquidate more than $5.3B in Bitcoin shorts.
🇺🇸ILLINOIS PROPOSES COMMUNITY BTC RESERVE
Illinois lawmakers have introduced the 'Altgeld Bitcoin Reserve' bill to create a state-level Bitcoin reserve, stored in multi-signature cold wallets.
Under the bill, Bitcoin cannot be traded or sold without the new legislative approval.
Illinois lawmakers have introduced the 'Altgeld Bitcoin Reserve' bill to create a state-level Bitcoin reserve, stored in multi-signature cold wallets.
Under the bill, Bitcoin cannot be traded or sold without the new legislative approval.
Bitcoin Update: Bulls Eye $74.4K as Price Stalls Below $70K
Bitcoin remains relatively quiet as we head into Sunday, with price action still capped below the key $70,000 level. On the daily time frame, BTC continues to consolidate, and the next major objective for the bulls is clear: reclaim the resistance around $74,460.
This level, marked by the red resistance line on the chart, is crucial. A successful break and hold above it would signal renewed upside momentum. For now, the market is watching closely to see whether buyers can generate enough strength to push through this barrier.
Bigger Picture: B-Wave Bounce Still in Play
At the moment, price action still supports the idea of a potential B-wave bounce. That said, another low cannot be ruled out.
If Bitcoin fails to gain upside traction, a deeper retracement could occur, with the $55,000 to $56,000 zone likely being tested before a more meaningful low forms.
On the flip side, should bullish momentum accelerate, the upside targets remain ambitious. In the event of further strength:
$98,000 to $98,500 could be testedThis aligns with the January 14 high
Additional Fibonacci resistance levels to watch include:
50 percent retracement: $86,60061.8 percent retracement: $94,436
These levels also align with prior structural resistance, including the April low and the March 24 high.
This level, marked by the red resistance line on the chart, is crucial. A successful break and hold above it would signal renewed upside momentum. For now, the market is watching closely to see whether buyers can generate enough strength to push through this barrier.
Bigger Picture: B-Wave Bounce Still in Play
At the moment, price action still supports the idea of a potential B-wave bounce. That said, another low cannot be ruled out.
If Bitcoin fails to gain upside traction, a deeper retracement could occur, with the $55,000 to $56,000 zone likely being tested before a more meaningful low forms.
On the flip side, should bullish momentum accelerate, the upside targets remain ambitious. In the event of further strength:
$98,000 to $98,500 could be testedThis aligns with the January 14 high
Additional Fibonacci resistance levels to watch include:
50 percent retracement: $86,60061.8 percent retracement: $94,436
These levels also align with prior structural resistance, including the April low and the March 24 high.
Why a 38% $XRP Rally Does Not Confirm a Reversal
$XRP recently rebounded roughly 37 to 38 percent, which looks impressive at first glance. However, strong green candles alone do not confirm a market reversal.
What matters is structure. So far, $XRP has only formed a clear three-wave move, not a five-wave impulse. Without a five-wave advance that creates higher highs and higher lows, the move remains corrective rather than decisively bullish.
$XRP recently rebounded roughly 37 to 38 percent, which looks impressive at first glance. However, strong green candles alone do not confirm a market reversal.
What matters is structure. So far, $XRP has only formed a clear three-wave move, not a five-wave impulse. Without a five-wave advance that creates higher highs and higher lows, the move remains corrective rather than decisively bullish.
$FET
The first resistance zone to watch is defined between $0.184 and $0.225. The pride reached the 100% extension level, and it is therefore possible that a meaningful low has formed. It is just too early to confirm.
The first resistance zone to watch is defined between $0.184 and $0.225. The pride reached the 100% extension level, and it is therefore possible that a meaningful low has formed. It is just too early to confirm.
$DOT
I would expect a recovery rally from this region, possibly in circle wave 4. The ideal resistance area is defined between $2.76 and $4.78.
I would expect a recovery rally from this region, possibly in circle wave 4. The ideal resistance area is defined between $2.76 and $4.78.
$XLM
A break above $0.183 would be the first and early indication that a low has formed. XLM has reached the blue target zone and the wave structure to the downside could be complete. However, until a 5-wave move to the upside shows, the structure remains very fragile.
A break above $0.183 would be the first and early indication that a low has formed. XLM has reached the blue target zone and the wave structure to the downside could be complete. However, until a 5-wave move to the upside shows, the structure remains very fragile.
$SOL
A break above $107.40 micro resistance (as shown on the short-term chart) could indicate that at least white wave b has started.
A break above $107.40 micro resistance (as shown on the short-term chart) could indicate that at least white wave b has started.
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