If you’ve been following the recent updates, I believe you were well-prepared for this move.
For the past few days, I repeatedly emphasized that we may not break through the supply zone in one go—and now, those who entered short positions likely enjoyed some solid profits.
Currently, we’re seeing a strong rebound from the second support zone.
This is the first real, sharp correction we’ve seen since the strong bullish trend began from the 74K–83K region, and that alone should remind us to proceed with caution going forward.
To maintain the broader uptrend, the market needs to do one of two things:
Either preserve the local low formed during the latest drop and climb from there (ideal scenario),
Or, if it dips lower once more, form a sideways base before recovering again.
This structure would confirm that the trend remains healthy and intact.
Right now, we must assess whether this bounce leads to continuation or if it’s just a relief rally before a deeper wave down.
If we break the structure and revisit previous demand zones, we want to see price hold and reverse from those levels—that’s the key confirmation.
The previous slow grind-up ("step-by-step climb") has now been disrupted.
This shift increases the likelihood of a deeper retracement before any new highs, especially with today's CPI data potentially triggering strong volatility and head-fake moves in both directions.
If price fails to push higher from here, we may see a breakdown below the psychological 100K level.
We’re still observing a bearish structure on the lower timeframes, as the price fails to make higher highs—so please, avoid jumping into positions impulsively.
This is the correction we’ve been waiting for, and those who followed the updates likely navigated it well.
However, be aware:
When a market climbs on strong green candles, the subsequent drop can be equally harsh, especially if profit-taking meets negative macro headlines.
So, wait for confirmation—whether it’s a bounce that protects support or a break that reclaims structure. Entering after such confirmation will always get you better entries than acting out of fear.
As I’ve said many times:
You don’t need to FOMO into every pump.
Opportunities always come again. And history shows us—trading out of impatience or greed rarely ends well.
Stay focused, stay patient, and I hope your next trade brings another solid win.
For the past few days, I repeatedly emphasized that we may not break through the supply zone in one go—and now, those who entered short positions likely enjoyed some solid profits.
Currently, we’re seeing a strong rebound from the second support zone.
This is the first real, sharp correction we’ve seen since the strong bullish trend began from the 74K–83K region, and that alone should remind us to proceed with caution going forward.
To maintain the broader uptrend, the market needs to do one of two things:
Either preserve the local low formed during the latest drop and climb from there (ideal scenario),
Or, if it dips lower once more, form a sideways base before recovering again.
This structure would confirm that the trend remains healthy and intact.
Right now, we must assess whether this bounce leads to continuation or if it’s just a relief rally before a deeper wave down.
If we break the structure and revisit previous demand zones, we want to see price hold and reverse from those levels—that’s the key confirmation.
The previous slow grind-up ("step-by-step climb") has now been disrupted.
This shift increases the likelihood of a deeper retracement before any new highs, especially with today's CPI data potentially triggering strong volatility and head-fake moves in both directions.
If price fails to push higher from here, we may see a breakdown below the psychological 100K level.
We’re still observing a bearish structure on the lower timeframes, as the price fails to make higher highs—so please, avoid jumping into positions impulsively.
This is the correction we’ve been waiting for, and those who followed the updates likely navigated it well.
However, be aware:
When a market climbs on strong green candles, the subsequent drop can be equally harsh, especially if profit-taking meets negative macro headlines.
So, wait for confirmation—whether it’s a bounce that protects support or a break that reclaims structure. Entering after such confirmation will always get you better entries than acting out of fear.
As I’ve said many times:
You don’t need to FOMO into every pump.
Opportunities always come again. And history shows us—trading out of impatience or greed rarely ends well.
Stay focused, stay patient, and I hope your next trade brings another solid win.
🔥이룸 스페이스 커뮤니티 가보기!🔥
►►litt.ly/_erum
🔥이룸 스페이스 BB 지표 신청하러 가기🔥
►►litt.ly/_erum
👉Kakaotalk 코인랩스 카톡정보방
►►bit.ly/Coinlabs_Kakao / 비번 1111
👉코인랩스 공식파트너 🔥BingX🔥
►► bit.ly/bingx_coinlabs
►►litt.ly/_erum
🔥이룸 스페이스 BB 지표 신청하러 가기🔥
►►litt.ly/_erum
👉Kakaotalk 코인랩스 카톡정보방
►►bit.ly/Coinlabs_Kakao / 비번 1111
👉코인랩스 공식파트너 🔥BingX🔥
►► bit.ly/bingx_coinlabs
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🔥이룸 스페이스 커뮤니티 가보기!🔥
►►litt.ly/_erum
🔥이룸 스페이스 BB 지표 신청하러 가기🔥
►►litt.ly/_erum
👉Kakaotalk 코인랩스 카톡정보방
►►bit.ly/Coinlabs_Kakao / 비번 1111
👉코인랩스 공식파트너 🔥BingX🔥
►► bit.ly/bingx_coinlabs
►►litt.ly/_erum
🔥이룸 스페이스 BB 지표 신청하러 가기🔥
►►litt.ly/_erum
👉Kakaotalk 코인랩스 카톡정보방
►►bit.ly/Coinlabs_Kakao / 비번 1111
👉코인랩스 공식파트너 🔥BingX🔥
►► bit.ly/bingx_coinlabs
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.