The market is meticulously creating a wave preparation area, the only thing missing at this stage!

As we saw over the last weekend, BTC continuously fluctuated around the 101 - 103k range without any strong selling pressure from institutions, indicating that there is now a consensus among some smart money organizations in the market to stop trying to force individual investors out and instead begin a new process. Is this new process a bull trap, a continuation of removal, or a new price push for BTC? Let’s take a look at the overall market to see if the smart money is ready to push prices on the top coins and if the money that is not yet ready is just standing by and continuing to pressure retail investors to the point of frustration in leaving the market!

Looking at the TOP coins like ETH, SOL, and BNB, we see that BNB is in the BU zone (the area preparing to enter the price push phase according to WICKOFF), ETH and XRP are in the LPS zone during phase D (the final supply-demand check phase before mobilizing smart money), and SOL is in the testing zone during phase C (having removed individual investors and starting to mobilize funds from other institutions). This shows that the driving teams of these top coins are very ready for a new uptrend process along with BTC; however, the only thing these driving teams currently lack is the support of institutional funds participating in pushing BTC's price. If the preparation process from before is completed, there will be an overall uptrend like in the period of 6-11-2024.

If in the upcoming period we continuously see money maintaining with increasing volume and price rising on BTC and the...