
🌙 Good evening! After the birthday weekend, it’s time to get back to the charts. Yesterday, Bitcoin:NATIVE dropped to around $79,200, and once again, we saw a significant amount of liquidations. Due to being away from my computer, I didn’t react to the situation at the time. But what now? In my view, we’re currently experiencing wave 4 within wave C 🌊 on BTC and many altcoins. This suggests that the declines should resume and conclude next week. This could coincide with the FOMC meeting—so 📉 leading up to the FOMC, followed by a gentle sideways consolidation until the elections, then 📈. The sentiment index also supports further downside. We haven’t yet reached the extreme fear zones—I believe the market bottom will align with extremely 🔴 sentiment index readings. PS: The only thing I noticed is that during yesterday’s drop, my limit order for $UNI filled at $6.71—so I now have 66% of my allocated capital invested in this project.

