Calon_Sultan

Calon_Sultan

Bitcoin double top and now create triangle bearish continuation if triangle breakout it will push dump and more dump to CME gap maybe like just wick

Calon_Sultan

Altcoin will rug hard when Bitcoin Dominance still rising to the star No altseason a head No liquidity in global market No more betting on memecoin

Calon_Sultan

If we break 90k then most likely go to 86k or lower to 76k refill CME gap, this is make sense cause if we change to candle chart its double top here But if 76k break we will see this scenario will be true But this is just in case

Calon_Sultan

Bitcoin Dominance seems create EW and will go to final phase of wave 5 if this happen altcoin especially meme will rug hard and no alt season ahead this cycle is different Bitcoin driven by ETF volume, no retail volume

Calon_Sultan

- Double top formation - Bearish triangle pattern breakout - Global lead memecoin absorb liquidty -> no volume in the real market - News about Bitcoin x Nation FOMO Its make sense is bitcoin now is in top, if u in high timeframe i.e Weekly, Bitcoin also forming on EW 5 waves/ last wave, this is also know final distribution phase If price break below 90k its really...

Calon_Sultan

Based on price action this is most likely same Flow : - Massive dump - Refill Wick - Sideways Sideways range 2000 - 2800 this is insane mirroring as no liquidity to push this coin

Calon_Sultan

ETH Retesting wedge after breakout under support trendline It can rug to 2k again if still not back to above of trendline

Calon_Sultan

Bitcoin cant break to back to trendline this is signal Bitcoin can go lower in around 91k and if 90k break we will see 76-80k

Calon_Sultan

OTHERS dominance brekaout so it can be no alt season ?

Calon_Sultan

Bitcoin has double top pattern yet And you must know in 08/02/2025 successfully create candle outside trendline after create 2 doji's and failed closed above trendline I think in few days/ weeks we can see price around 90k if bitcoin still breakdown trendline And if 88k break best opportunity is around 75-76k to full refill CME gap also match with 0.38 fibonacci fan

Calon_Sultan

If ETH can't go back above 2.9k, i think sentiment will drive to fill in gap or maybe more lower price around 1.5k or 1.2k and no alt season in this cycle

Calon_Sultan

After successfully break wedge and failed to retest back above line this is indicator if trend reversal continuation will see 1.7 - 2% SOL Dominance

Calon_Sultan

If dominance of ETH can't handle 10% we will see dominance around 7% because double top pattern on monthly - weekly timeframe But if not break we will see some consolidation here and waiting for other news

Calon_Sultan

LDO rejected on 2.4 trendline so it can't go back to bull trend maybe if we not break 2.4 we will see double bottom around $1

Calon_Sultan

Its like end of cycle for altcoin especially KAS HnS pattern in big timeframe is scary

Calon_Sultan

I think OP if break 0.8 is most likely posible to down go to 0.4 cz HnS pattern

Calon_Sultan

ETH still in downtrend in mid timeframe on 4H and 1D or maybe big sideways on 1D But if we continue down and break below 2k i think we can see cycle is over and posible to go to 1.2k And take a note buying presure altcoin is low

Calon_Sultan

Bitcoin double top has created in big timeframe, you can see in 1D or 1W we will see massive downside "IF" we break below 88k Support is around 76k because it has CME gap "BIG CME gap" and most posible to refill