$SOL: Price is trading within my ideal zone for a potential low. A reversal in this area is likely, however, as long as price remains below $171, one more low is still possible.
$ETH: Price has reached the 50% Fib retracement level and the 100% Fib extension to the downside. A wave-4 bounce to the upside appears likely from this region. Key resistance is located between $2,953 and $3,360.
$BTC: If the recent price action has indeed established a local low, we should expect at least a wave-iv corrective rally to the upside. Key resistance sits between $87,947 and $96,897. The white roadmap outlines how a potential bullish structure could unfold from here.
$BTC: A move back toward 40 on the weekly RSI by week's close is needed. If it doesn't occur, it may signal that a bull-market top has been set and the yellow scenario is playing out.
$TRUMP: The chart failed to form a 5 wave pattern to the upside. A 1-2 setup is still possible but less reliable now. A sustained break below this zone would be the first warning sign that the pattern is breaking.
$BTC dominance chart The move to the downside looks too corrective to qualify as a reliable wave-3 in white. The key level to watch remains 57.28%. A decisive break below this level would indicate that we are dealing with a third wave.
$SUI has reached the 100% Fib extension to the downside, with the daily RSI now in oversold territory. Let's see whether buyers step in to initiate a potential reversal.
$ADA: The price is approaching the 100% Fib level at $0.427, which I communicated multiple times. As long as the price remains below the trendline, further extensions to the downside are still possible.
$XRP: As noted earlier, price has reached the 100% Fib level at $1.98, which aligns with an ideal downside target for wave-c. A 5-wave structure to the upside would offer a first-degree confirmation that a low has been established.
$ETH: Still no sign of a low. The price is likely aiming the yellow support area. As long as the price remains below the descending trendline, I expect lower prices. The RSI on the daily timeframe is also in the oversold territory.
$BTC daily RSI is oversold, yet there's still no bullish divergence. A bottom could be approaching, so it's a good moment to stay cautious and watch price action closely.