$HYPE correction getting deeper than a typical wave 4. The blue scenario is gaining credibility. Stay below $69.53-$74.41 resistance and a retest of the June lows near $53 is very much on the table. Reclaim $74.41 and the picture shifts, wave 4 may have already bottomed in June. For now, the extended correction has the upper hand.
$ETH possibly completed a small 5-wave advance at Monday's high, but the structure is messy and likely needs a diagonal interpretation. Blue 1-2 setup stays valid above $1,691-$1,722. Decline from Monday looks like 5 waves, suggesting wave 2 is still unfolding and the pullback was just wave A. Below $1,691 the blue scenario weakens. Below $1,668 it's gone. Unclear structure means trade carefully.
$DOGE (4h) Resistance at $0.092. Last bounce was a 3-wave move, which means it was corrective. One more low in wave 3 of (5) is possible before wave 4 kicks in.
$BTC Bitcoin dominance still grinding sideways. Another test of resistance can't be ruled out before the decline starts. Altcoins watching and waiting. As always.
$HYPE higher timeframe still favors the bulls. C-wave advance, possibly a diagonal structure. Stay above $38.60 and the bullish case holds. Next stop $87.36, then the real target near $129. One more high still fits. Break below $38.60, especially $38.33, and the whole thing gets reassessed. There's a more aggressive scenario targeting $260+, but that's still speculative. For now, the trend is the trend.
$PEPE still grinding through the correction nobody wants to admit is happening. No 5-wave advance. No proof of a low. Just vibes and hopium below the trendline. Break above it and 0.487-0.738 wakes up. Stay below and 0.249 decides if this gets messy. The chart doesn't care about your bags.
$LINK has been stuck in the same range for years, but it's held up better than most altcoins. Still above the 2023 lows. Bouncing off the same trendline that's worked before. Could be the start of something, could just be another bounce. No proof yet. Just watching $5. Lose that and this gets ugly fast.
$BTC Higher timeframe outlook unchanged. Bitcoin still showing only a 3-wave advance from the June low, which keeps the wave 2 bounce scenario alive. Daily RSI and MACD remain constructive, and the market could still push toward $67K, $69.8K, $72.7K and potentially $77K. No confirmed sign of a top on the daily chart yet. Support at $60,200 is the line that keeps this intact.
$NEAR Good reaction from wave (4) micro support. Wave (5) higher might be starting now. If so, that's one more high in the larger corrective bounce that started in February.
$BTC So far Bitcoin is following expectations with wave (2). Watch the yellow RSI trendline. It rejected Bitcoin before, so it's a key resistance area again. For now, momentum is up, as the MACD shows.