GM 👋 #Bitcoin was cleanly rejected again within my decision zone, meaning Sub-Sub-Wave 5 (orange) is continuing. 👀 $BTC reacted precisely as the primary scenario anticipated, within the range of $76.1K to $78.9K. The zone was sold off again, the red dashed resistance line was retested—and once again clearly rejected. This strongly suggests that Sub-Sub-Wave 4 (orange) has now completed at $78.36K, and #Bitcoin is now progressing into Sub-Sub-Wave 5 (orange). Important to note: As long as the market does not sustainably reclaim the $79K zone, downward pressure remains intact. Thus, the broader picture remains unchanged for now: The ongoing Wave a (red) is likely still active. 🎯 Target zone for Wave a (red): $52.3K – $45.6K However, a closer look beneath the surface reveals something interesting: The DAA metric (Daily Active Addresses) simplistically measures whether network activity confirms or contradicts price movement. Recently, we’ve seen a slight internal improvement here—a first bullish early signal potentially hinting at an eventual bottom formation. But: This on-chain stabilization is not yet sufficient to invalidate the current bearish Elliott Wave scenario. In summary: Short-term, my primary scenario remains bearish. Medium-term, however, it’s essential to monitor on-chain data, as it may turn earlier than price itself. Nothing is yet definitively confirmed. But currently, the market continues to unfold cleanly according to my primary scenario. Elliott Wave Chart (Medium-Term) 👇 https://t.co/XEolv6N7A2 Let’s go 💪 KNOWLEDGE IS WEALTH. RECOGNIZE TRENDS. TRADE PROACTIVELY. TSC | Trend Serra Capital.