Bitcoin: Five-Wave Correction Nears End, Watch Endpoint 44
Bitcoin is currently in the final stage of a five-wave corrective structure. The critical level is endpoint 44 at $58,110. If BTC can hold above this level, the correction may be complete and a new uptrend could begin. A breakdown below would suggest further downside. Short-term traders should treat $58,110 as a pivot and set strict stop-losses.
HYPE: Wave 56 of Correction – Double Bottom in Focus?
HYPE token is now in wave 56 of its five-wave correction. Technically, endpoint 56 needs to form a double-bottom pattern to confirm a bounce. If confirmed, a rebound rally could follow. If not, lower supports may be tested. The current support zone offers potential buying opportunities, but volume confirmation is required.
Dynamic Operation Plans: Three Scenarios (A/B/C)
The article outlines three dynamic plans: Plan A – chase longs after breakout confirmation; Plan B – accumulate on dips into support levels; Plan C – short into resistance with quick exits. The overall strategy leans toward buying at support, shorting at resistance as a secondary approach, with strict risk control and position sizing.