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UPDATE: Massive #EGLD bear market bottom ⁉️ tracking - dates back Q1 2026 Some thoughts, some analysis ... ✍️ tl;dr - @MultiversX is moving and it's currently in the middle of a breakout. 📰 Highly anticipated major EGLD upgrade #Supernova slated for September 10, 2026. ❌ HIGHLY VOLATILE, HIGH RISK, PROCEED WITH CAUTION. Let's get into the analysis: For 5 years I've been invalid. Countless tries to call out a bottom. 5 years. From $520 to $2. Follow all quote tweets if you want, but the tide is shifting: From a $2.40 low in late June (last month, 2026) A subsequent bounce to a high point (mid-July) at $3.60 and then: 🟧 HIGHER LOW #1 - ✅ Now officially, in order to stamp an official BULL MARKET, we need (say it with me now!) A SERIES: OF HIGHER LOWS FOLLOWED BY A CONTINUATION OF HIGHER HIGHS. #EGLD is moving fast. But technically speaking, we are basically only 50% into validating this move as a definitive motive (or impulse) wave. We have confirmed ONLY: 1. Low ➡️ High ✅ 2. Higher Low #1 ➡️ Higher High #1 ✅ We still need: 3. Higher Low #2 ➡️ Higher High #2 ❌ 4. Higher Low #3 ➡️ Higher High #3 ❌ 👉 Moving forward: We will mark our final Higher High #1 point once EGLD halts it current BREAKOUT. Major Caution ahead: After "HIGHER LOW #1" (labeled in the chart below), price has continued upwards into consolidation zone #1, broke out and consolidated again, broke out again, and is now pausing. If we are consolidating before the next move up, this is a clear BUY zone. BUT technically speaking ⚠️⚠️ we have NOT YET RETESTED OUR HIGHER LOW #1. ⚠️⚠️ 👇 That is super dangerous because we don't just expect - but we PLAN and we REQUIRE - for our "Higher Low #1" to be retested! That is the only way we can validate our thesis that "EGLD has bottomed", and right now, the next hurdle to pass is in fact "Higher Low #2". We need to retest higher low #1, and that's as much as -50% lower from where we're at right now. So there is good and bad to when something like EGLD starts moving so fast: we don't get an evenly-built foundation of support. We get what we have now: a more volatile, unstable, risky, and speculative move. It makes it 100x harder to add more because of downside risk, but then you open yourself up to fear of missing out. I am here to track. I am here to relay insight. This is not financial advice. The time to act is always behind us. When we feel "thirst", our bodies needed water too long ago. When we feel "hunger", our bodies needed food too long ago. and when crypto starts moving for real? The time to build your own position has passed; it's now time for you to play catch up. The 'hindsight is 20/20' fallacy hits hard. For many people: They have actively been following @MultiversX over the 5-years' bear market. They actively preceded any coming bull market. They deployed capital as price fell. And now? they get to sit on their hands and let the tables turn. They get to let their earliness/eagerness to buy during the bear market run all bull market. you cannot put a price on psychological advantage, and that's what you do during the bear market. The good news: Zoom out. The entire price history within image #1 turns to nothing in scope of the entire price history of EGLD. Price is still fairly classified as undervalued by marketcap. EGLD is #211 on @coingecko and #152 on @CoinMarketCap. As I publish this EGLD sits at a market cap of $148.44M The uncertainty: EGLD tokenomics have changed. NO longer will there ever only be 31.4 Million EGLD. Now: - Supply cap removal. - Tail inflation - "Adaptive burn mechanism" - "Reflexive Strategic Minting" #DYOR Therefore, it's harder to say now with higher certainty that will ever reach new all time highs beyond $540. The fact has become beyond clear/evident that that EGLD is here to stay: @MultiversX continues building, iterating, and sustaining. elrond-erd-2:native --/// More to come, more to track, always more I could say, but if you've read this far and you FEEL me. Drop me a comment and say hey. Let's start anew with an #EGLD movement. Dare to Believe, Dare to be Different. ✊