Good morning ✌️

Greetings, everyone. Here's a detailed breakdown of the current market situation:

Over the past few days, many traders have been chasing price highs as though fueled by pure adrenaline. However, by the time you feel confident enough to enter, seasoned traders with well-structured systems have already exited or are locking in profits incrementally. Why do you often find yourself buying at the top, inheriting others' sell orders, and consistently incurring losses?

The answer is simple: you lack a systematic trading strategy and enter trades impulsively. Without the ability to distinguish between genuine and false orders, it’s inevitable to fall into traps set by more experienced market participants.

The majority are driven by an insatiable desire to strike it rich quickly, and that’s precisely why most people fail to build lasting wealth. Only a small group understands the value of patience and self-discipline, leading them to financial independence.

It’s time to step back from impulsive trades, reflect, and focus on developing a trading framework that suits your style and goals.

Market Overview and Structural Analysis

General Market Outlook:

The macro trend shows that altcoin weekly structures have weakened significantly, while monthly structures remain intact. This suggests the broader market is still bullish, but the focus should now be on managing risks rather than chasing trades blindly. With numerous bullish traps emerging, it’s crucial to exercise caution as altcoins align with the broader market’s correction phase.

In terms of trading strategy, maintaining a cautious approach is vital. While it’s wise to avoid opening shorts at this stage, it’s equally essential to take profits at higher levels and wait for favorable re-entry points. The presence of monthly structures still supports a bullish medium-term outlook, but patience is key.

Key Levels to Watch in the Major Market:

The 4-hour timeframe shows the price is testing previous resistance levels, with significant selling pressure evident around $97,500 and $98,500.

The daily cycle reveals divergence, indicating potential for further corrections.

The weekly structure is no longer supportive, signaling an ongoing adjustment phase, but the monthly structure remains strong, suggesting the broader bullish trend is still intact.

Ethereum: Bullish Divergence with Resistance Ahead

Ethereum has displayed upward divergence but is now approaching levels where adjustments are likely.

On the 4-hour chart, Ethereum is testing previous highs with resistance zones identified at $3,500, $3,800, $4,200, and $4,600.

While short-term corrections are expected due to selling pressure at these levels, the medium-term outlook remains bullish, supported by a firm monthly structure.

Ethereum Weekly Structure: Weakening
Ethereum Monthly Structure: Stable

Altcoins: Consolidation in Progress

Altcoins are entering an accumulation phase, waiting for broader market adjustments to conclude.

Out of 350 altcoins monitored, fewer than 50 retain weekly structures, and only 120 maintain monthly structures, highlighting a significant drop in stability.

A strong altcoin season is likely only if the monthly structures exceed 150 altcoins, or if the combined weekly-monthly structures surpass 110 altcoins.

Key Structural Insights (Comparison of Yesterday vs. Today):

Weekly Structures: Reduced from 52 to 45.

Monthly Structures: Dropped sharply from 250 to 110.

Combined Weekly-Monthly Structures: Declined from 48 to 42.

These figures underscore a cooling market sentiment, particularly among altcoins.

Guidance for Traders:

1. Avoid Emotional Trading: Stop chasing pumps without a plan. Most quick profits have already been taken by experienced traders.

2. Focus on Learning: Take this opportunity to build a robust trading system tailored to your goals. The ability to differentiate between real and false market movements is crucial for success.

3. Adopt a Conservative Approach: With bullish traps present, avoid shorting, but take profits on spikes. Look for re-entries only after proper corrections.

4. Embrace Patience: The current market adjustment phase is a time to observe and refine strategies rather than overtrade.

Final Note:

For a limited time, I’m offering complimentary guidance to 10 individuals on creating their own trading systems. Check the acknowledgment letter for details.

⚠️ Important Disclaimer: All shared insights are based on personal experience and should not be construed as financial advice. Always conduct your own analysis and manage risks responsibly when trading.