$60k tested again.

Just like the cycle top in October [x.com/CryptoCapo_/st…], with a triple tap at 123k...

...an important local bottom could be forming here, with a triple tap at 60k.

First bullish confirmation above 66k, second above 82k.

Good times ahead imo.

$ETH / $BTC

Chart shared in July on the TG channel.

Still looking good.

The crypto market is finally starting to show strength.

We just saw the first bullish confirmation, with $BTC reclaiming $66k and even touching $70k.

Altcoins looking strong too, led by $ETH.

Much higher imo.

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Good move so far from the lows. First bullish confirmation almost reached.

Once again, good times ahead.

Crypto looks very ready for one of the most hated rallies in a long time.

Potential last retest of $60k - $62k, but this looks like a clear local bottom formation across the entire crypto market.

Have a good Sunday!

$BTC is back at $60k levels.

The analysis is not playing out yet, thus I'm wrong so far. High time frame (HTF) analyses take time to play out. Timing matters, but getting the perfect timing is never easy. As long as you catch the main idea and the macro move, that's what truly hesis is and remains:

-This is an HTF strong support zone, same as in February.

-Sentiment is now even more negative, with many expecting lower.

-Several reasons to think the Middle East conflict shouldn't escalate further and have a proper temporary ceasefire ($Oil chart looking bearish short/mid-term, football World Cup, summer…)

-Stocks could have been leading these past months with those strong rallies, and I believe rotation can happen from stocks to crypto in the last stages before a major bear market (will expand further on this)

-Altcoins have been holding much better than $BTC, which is a sign of strength.

-Many altcoins are 90%-99% down, without proper DCBs. This is not time to sell, but to buy.

-I think regulations will bring more focus to digital money, especially ISO 20022 coins, which could benefit from it ($XRP, $XLM, $QNT, $HBAR…). So in parallel, privacy coins should also perform well as it’s the counter narrative ($XMR, $ZEC ...)

Important to say I don't expect this rally to be a new bull market… I just think this could be the last rally before a proper bear market across most assets, including crypto, stock market, housing market… with some categories diverging (precious metals, rare earths…)

Why?

I will expand further on this, but as you might know, I'm bearish for the coming years. There might be some catalyst, apart from the Middle East war which should be reactivated later, that will trigger an economic crisis. Many pay attention to the Strait of Hormuz, but few do pay attention to the Strait of Taiwan. In my opinion, that will be the main trigger of the crisis and it will come as a domino effect, unveiling the underlying fragility of the current system. Eyes on China-Taiwan for later this year / next year.

But for now, and focusing on what matters (the present moment), I believe we are in an accumulation phase for crypto. The move up could last some weeks/months, and it would be one of the most hated rallies.

So basically my plan remains the same. I’m bullish and accumulating solid altcoins for the next few weeks/months, for the first time in years.

Time will tell.

It's true the last weeks haven't been the best PA wise, and a bounce was (and is) expected.

But also, let's not forget this is a clear HTF S/R flip and that the worst is over.

Not concerned. I think the real move is still ahead.

$XLM - HTF view

"Silence reveals what noise hides"

#Gold could be starting a hyperwave with $4500 as long term target.

#Gold and #Silver just had their short-term corrections, exactly as expected.

Local bottom is likely in, and new highs should be next.

Good bounce so far for both #Gold and #Silver, since the local bottom call.

Bullish setups.

The next leg up is when altcoins should really start outperforming.

78k-80k reached.

Bullish continuation soon, imo.

#Gold and #Silver just had their short-term corrections, exactly as expected.

Local bottom is likely in, and new highs should be next.

Potential quick pullback to 78k-80k, to shakeout late longs.

Then bullish continuation to 85k-90k.

Let's see.

So now that healthy debate is back, I would like to know your opinion on the market.

Ignore my analysis for a moment. Where do you think this is going, and why?

Discuss.

"It's not things that upset us but our judgments about things" - Epictetus

This might sound cliché already, but it has a deep truth within it. You don't fully choose what happens to you, but you choose what it means to you.

Sometimes, everything hits you at once. Life forces and recalibrate your path. It is in those moments of silence and struggle that you truly realize who is genuinely by your side, and who was only ever there for the 'good times.' Also, it makes you re-evaluate some of your thoughts, habits, certain beliefs...

Life is full of ups and downs. Expansion and contraction. Happiness and sorrow. Human experience is dual. We all fight our own demons. We all experience the same emotions. Understanding this is essential to develop empathy.

And it's not about denying reality. Acknowledgment and acceptance are the first steps. Once you distinguish what is under your control and what is not, you regain your power and things start to align.

But in the end, while perspective doesn't change certain facts of reality, it is one of the most powerful tools we have to navigate through life.

We move forward.