🅰️ Wacy Time: post #546 — TG.ME

The weekly close for BTC is looking weak. My main scenario hasn’t changed, I still expect a retest ~$110k. But with this kind of close, the market will most likely drop into the 76–84k range🤨. Whether it goes there straight away or through a bounce doesn’t really matter, that’s the zone I’m watching. We could still see a move back toward 110k-117k, but even if that happens, I’d treat it as nothing more than a corrective pop within a broader decline. As for my current BTC and ETH longs, won’t touch them. 94k-97k level made sense, and the risk was justified (If deeper pullbacks make you uncomfortable, close the latest entry at a 3–5% loss). Right now I’m mainly watching BTC Dominance and altcoins, they’re still showing strength even as BTC drops. From here, I see two paths: - alts will pump while BTC drifts lower (we’ve seen this setup plenty of times before) - mini-bear phase followed by another sharp leg up And until I see a strong, sustained alts rally lasting 2–3 weeks, I won’t buy into the idea that a full bear market has already begun. It just looks too early and too convenient - almost like they want everyone to believe it’s starting right now. Another theory is the unfilled CME gap near 92k on BTC. Maybe the market goes for it, maybe not - gap talk is mostly speculation. But the market gets smarter every month, so it’s worth keeping it in mind. More people = more complexity. We’ll likely see how it plays out within 2–4 weeks.