🔹 The structure has been simplified, but all important resistance areas remain as they are.
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🔎 The bigger picture:
📉 The overall trend is still leaning towards: ➡️ More downward movement until 2026
But within this trend: 📈 We might see a corrective Wave 4 upwards)
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⚠️ Very important: • There is currently no clear evidence that the market has formed a true long-term bottom. • The decline since 2021 is still clearly incomplete.
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📍 Key to changing the scenario: 🔴 Breaking the red resistance area.
👉 This breakout: • Opens the door to a more positive outlook. • With potential targets towards: $1.33 and above 🚀
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🔄 Current situation: • Clear change if Wave 4 has started or not. • More focus will be placed on this in Q2.
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⚡️ Summary: • Overall trend: long-term bearish 😈 • We might see a temporary upward correction. • The breakout = key to positive shift. • Without confirmation ➜ the market remains in a complex correction.
💡 ADA currently: ➡️ Weak + needs to prove strength before any real optimism 🔥
🔹 Ethereum has successfully broken through the price channel upwards 🚀 → This gives the first signal that the market is trying to change the short-term momentum
🎯 Ideal target: 🔴 2280$
→ This level represents:
• A potential end for Wave C or Wave 3 • An area where we might see a slowdown or rejection
🔎 What does the breakout mean?
📈 Positive:
• Exit from the fluctuation • Start of an upward movement or at least an extension of the rebound
⚠️ But:
• We need to see continuity and strength • Because the market is still in a B-wave environment / complex correction
⚡️ Summary:
• Breakout = Initial strength signal ✅ • Target: 2280$ • Next area = A real test for the bulls
💡 If the price reaches there: → Watch if the movement is impulsive (continues) or weak (rejection and return) � $ETH
📉 Net Inflow: -$66.6M (Outflow) 📊 7-Day Avg: +$27.7M
🧠 Quick Insight: • Liquidity exit from the ETFs today ➝ short-term selling pressure • But the weekly average is still positive ➝ the larger trend has not changed
⚠️ This type of data often causes: • Volatility 📉📈 • Or a short correction before any larger movement
🎯 Summary: The market is still in correction / volatility And smart money is moving quietly… follow the structure, not just the news 📊🔥
🔻 The drop from the last peak so far is only 3 waves → The same idea as BTC, and this keeps a larger rebound possibility alive 📈
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📍 The critical level: 🟢 Monday Low
👉 As long as the price is above this level: ➡️ The positive scenario is still possible
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🔎 The current scenario:
📈 We might see: • Extended B-wave upwards • Deeper reach within the resistance area
⚠️ This scenario is not mandatory But remains possible as long as the drop stays: ➡️ Corrective (3 waves)
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📊 What to watch? • Continuation of the 3-wave structure ➜ Fluctuation + possibility of rising 🔄 • Transition to 5 waves ➜ Beginning of a clearer trend (likely downward) 😈
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⚡️ Summary: • The current drop = Corrective • Monday's Low = Key to the market • Possibility of Bounce / B-wave is still present • The market is still in a flexible and undecided phase
💡 We are in Chop Zone 🎭 → The true direction only shows with a clear break or impulsive structure 🔥
🔻 So far, the drop consists of only 3 waves → This indicates that the movement is corrective (Corrective) and not impulsive
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🔎 What does this mean?
📉 The current drop might be: ➡️ Just a correction within a larger trend → And not the beginning of a strong new decline
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⚠️ Scenarios:
📈 If a rebound starts from here: • Possibility of continuing upward • Or continuing within a Range 🔄
📉 But: If the drop turns into 5 clear waves → Then the picture shifts to a stronger Bearish 😈
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⚡️ Summary: • The current drop = 3 waves (correction) • No confirmation of a strong downward trend yet • We are watching if it turns into 5 waves or not
💡 The market is still in a deception phase → The shape is more important than the current direction 🔥