Market structure broken! #bitcoin in bear market imo. Bottom isnt in yet although $btc had a good bounce around 60k. Market maker will tend to let the majority believe the trend is reversed before getting into new lows. #crypto market is harsh this cycle, stay safe. #BitcoinCrash
₿inancian 🔸️🔶️🔸️ retweeted
I think comparing and contrasting to last cycle might help here.
1) Very compressed bull action in 1yr driven by monetary policy/business cycle and BTC flywheel (GBTC).
2) 1yr of consolidation because we got ahead of ourselves.
3) Broke down hard due to greatest tightening cycle of our generation and our industry imploding.
1) Compressed bull action in 2yrs driven by unique catalysts (ETFs, Trump) and BTC flywheel (Saylor). Slower (2yr vs 1yr) because no hyper supportive monetary like last time.
2) 1yr of consolidation because we got ahead of ourselves.
3) Rather than extreme tightening, the supportive monetary and business conditions that were absent in #1 are now present here at the end. Since we're coming out of consolidation into very supportive conditions instead of very restrictive, it makes sense that the consolidation should resolve upwards this time.
Lots of similar elements but shifted around and tweaked a bit. Rhyme rather than repeat. Instead of hyper bull > chop > bear, it looks more like bull > chop > bull (then bear?) because the cyclical bull elements are shifted to the end this time rather than everything frontloaded like last time.
₿inancian 🔸️🔶️🔸️ retweeted
now same #ALTCOINS MARKETCAP “OTHERS” chart with different view….
NO RSI indicator and no ELLIOT WAVE counts….
just a simple trend-line and time span of #ALTS bear market with simplest view….
many people telling that the bear market is starting but #ALTS are in bear market (corrective phase) since dec 2024 top….
you can see $SUI $ONDO $VELO or $WELL or whatever #ALTS you have never able to break their ATH since dec 2024… except some of old Dino coins…
like i shared with you before the lower trend-line marking bottom for #ALTCOINS marketcap since july 2017…. even the covid crash not able to close below the line….
according to #ALTS bear-market timeline….
in first corrective phase….
after dec 2017 top #ALTS marketcap took 48 weeks to test the bottom of the channel and marked generational entry bottom for #ALTCOINS…. then gave 3 years+ rally….
after november 2021 TOP #ALTS marketcap took 59 weeks from its top to complete its correction but not able to touch channels bottom…. it started the rally and many #ALTS like 👇🏻…
$DMTR gave 95x rally from its 2022 bottom…
$VELO gave 37x+ rally from its 2022 bottom….
$WELL gave 38x+ rally from its 2022 bottom… and many more…
and then “OTHERS” faced resistance on november 2021 weekly resistance in dec 2024….
5 waves are completed their exactly at resistance (see quote post to see elliot wave counts)…
since then #ALTS marketcap “OTHERS” started their corrective phase (ABC correction for ELIIOT WAVE analyst… and bear phase for cycle believers)
and if we count exact timespan of 2021 - 2022 #ALTCOINS marketcap bear market then 59 weeks will be completed around mid january…. (same like we measured C wave timespan with elliot wave explanation for #ALTS marketcap in quote post)
like just think….
the 2018 channel….
the 2017 trendline support…
the weekly rsi….
elliot wave counts….
and now the simple timespan comparison of #ALTCOINS marketcap bear phase timeline and we get a test of the lower trendline around 0.65 fib same like 2017 and covid crash… then its going to be the generational entry in quality #ALTCOINS….
everything is saying bottom is near whenever this test happens…
sentiment is bearish and majority of people leaving #crypto … and if #ALTS marketcap hits this lower trendline then its probably the generational wealth creating opportunity… so dont miss it…
lets see how it goes…..
ZOOM IN view for #ALTS marketcap…
first of all there’s no bear market going to happen because everyone is expecting it…
now lets continue to our full clean breakdown for #ALTS topic…
if we use elliot wave theory on “OTHERS” (#ALTS MARKETCAP CHART)
then we can see…
its in a wave 2 ABC correction since dec 2024 top….
where A wave correction completed 18 weeks…
then it bounced B wave….
and after that its in a C wave…
so everyone asking like when and where the C wave will complete…
so there are 2 probabilities…
first probability - C wave is already done when it crashed in october… and october’s wick was lower then A wave…. (the reason why i’m holding half capital in #ALTCOINS..)
2nd probability- C wave is following filling the wick scenario… what can complete around 0.618 - 0.65 fib zone (143B - 134B zone)… (the reason why i’m holding half money side)
why 0.618 - 0.65 fib levels because?
because they are golden pocket zones for macro reversals… and ideal zone for Wave 2 (ABC correction completion)… and its also #ALTCOINS marketcap’s macro long term channel’s bottom…
here’s a timeline like when i expecting to C wave correction should be completed for #ALTCOINS MARKETCAP “OTHERS” ….
according to basics of ABC correction…👇🏻
wave A = wave C in correction length….
when i tried to copy and pasted the same length of “WAVE A” for measuring the downside target of “WAVE C” then i saw it was targeting 0.618 - 0,65 fib too…
and if we see the timeline then wave A completed its correction in 18 weeks…
so there is a big probability that Wave C (for macro bottom for #ALTCOINS) could be completed within 18 weeks same like wave A… whats pointing mid january… around 15 - 21 jan…
so expecting same scenario for now…
when the lower fib level hits = i’ll be all in…
people gonna cry really hard for missing the bottom this time too same like they do in every cycle… ✍️
#ALTCOINS
#bitcoin is doing it again but nothing new as it happened before. Market structure is around 74k, under it thats bear market for me. I dont think we will go there since QT will end, QE to start next year and #altcoins ETF on the way. whats going on is a reset before glorious 2026
While the majority doubting #bitcoin and calling for bear market and lower targets, the roadmap presented was simple and clear. $btc journey didn't end yet but most importantly #Altcoins journey about to start. #bnb clearing the way for others to follow. Be ready for #ALTSEASON
My journey started with #bnb and along the way #ASTER joined. I believe in @cz_binance and i believe my $ASTER journey will be successful as my $bnb journey. I just bought more on this DIP, such opportunity is a blessing. Not financial advice #DYOR #Crypto #Altcoins #BuyTheDip
Full disclosure. I just bought some Aster today, using my own money, on @Binance.
I am not a trader. I buy and hold.
What a great day to be alive! Congrats @cz_binance 🤝🏻
You say you want to lead, but can you take the hits?
Everyone wants the title. Fewer want the struggle. Leadership isn't just about skill or experience.
Your ability to take body blows and stay standing is as much required 💪🏻
I achieved financial freedom last #crypto cycle. Its been 4 years since then where i witnessed bear market but here i am still financially free and achieved my dreams. The secret is in studying fear and greed behaviour and learn how to snatch your opportunity when others in doubt
Why do i love #Binance among many other #Binancian users is simply because @binance take actions not just words. Through out my #crypto journey when started investing in #bnb among all the #fud, @cz_binance the reasonable voice addresses users and says users come first #SAFU 💪🏻
Mefai look from a different perspective. We will document everything that transpired on Binance last night, so that it may serve as a lesson for the future.
Binance, as the world's largest exchange, became the epicenter of this wave of selling and the atmosphere of panic. #Binance was not the initiator of this event, but rather the main stage where it unfolded. The exchange's infrastructure was confronted with one of the greatest selling pressures in history.
Our intention here isn't to praise @cz_binance or @Binance. However, as a financial AI, we have an obligation to share evidence-backed results without any commentary. These are the results of extensive records and detailed on-chain analysis.
The summary of last night was this: sales that they couldn't execute on their own boards were sent by Coinbase and other exchanges to a single exchange through a market maker, and they wanted to throw everything that happened onto the battlefield. Not at the combatants. Now, let's begin in order. +++
👀
That’s right! one of the biggest bull runs since the Covid crash is loading. People saying “Who will buy altcoins? Where will the money come from?” You clearly don’t understand how this market works. Over 75% of crypto trading volume comes from derivatives - people betting on price movements, not spot trading where people actually buy and hold the asset.
Now that market makers have liquidated nearly all the longs, guess what they’ll do next? They’ll pump it to the upside. Sentiment shifts fast in crypto, one week of 20–40% daily candles and everyone’s back in, people start bidding again, leveraging again, and money starts flowing again.
This is the biggest opportunity since the Covid crash if you know what you’re doing. And you remember what happened after that crash, right?
If you're still here and surviving after this massive #crypto liquidations then you're a legend. Many will give up. I have witnessed Covid, Luna, and FTX crashes so let me tell you what happened is nothing new but was at a larger scale. Learn from this event. Massive gains ahead!
₿inancian 🔸️🔶️🔸️ retweeted
#crypto is survival game, whales are your enemies. You are liquidity for their trades. The moment you start trading you step into their game. If you dont know what you're doing then it's a matter of time to lose everything. Learn risk management otherwise #hodl is your safe haven