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Good morning everyone! Level Read #11 broke. My bitcoin:native line was wrong on any daily close below 76,041, and Thursday Nov 5 closed at 76,010. Sunday’s weekly close was 74,717.75. Level Read #12 is hyperliquid:native on the weekly chart. Yesterday’s HYPE Read covered why it fell. This one is where I think it stops. The structure: · HYPE’s third wave ran from 20.50 in January to 97.98 in the week of Sep 21. My count has that wave finished and a fourth wave correcting it. · The first floor sits at 70.57 to 70.64. Two separate measurements land there: the third wave matching the first wave’s length, and a 0.618 pullback of the August rally from 53.74. · Just below, 68.38 is a 0.382 pullback of the whole third wave. · The count itself breaks below 59.39, the top of the first wave. A fourth wave can’t close inside the first wave’s range. Tuesday it traded down to 70.36, right into the floor. The read: this correction finds its floor between 68.38 and 70.64. This read is wrong if HYPE closes a week below 68.38 on any Sunday through Nov 22. Graded on the weekly close, plainly, either way. Structure, not a trade call.

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