CrediBULL Crypto|11月 14, 2026 22:09
At this point, most coins have hit "last stand" targets that they need to hold to maintain momentum.
BTC has hit our downside target but holds a higher low, ETH has swept the local lows I was looking at but holds a higher low as well, XRP has made new lows into my downside target under .93 as expected, and CVX has hit range lows.
CRV however has breached .20, which means its quite possible we have reset any built up momentum off of our lows.
The only other argument I can see on CRV right now is the idea that our impulse began a bit lower, with my proposed impulse off of .20 actually being a 3rd subwave of a 5 wave move that began a bit lower. I dismissed this earlier- but if you were to ask me if there is any other alternative as opposed to a full reset in momentum, it would be this. That said, it's not something I have high confidence in because at this point it seems like without a BTC reversal not much else will matter in the short term.
Just like the last time we broke the lows at .18 (6 months ago), this is NOT a time to be panic selling holdings. It IS a time to re-assess shorter term ideas/expectations and let PA develop to get more clarity on when we might expect a reversal and the next rally.
At this time, the market is at a massive, pivotal point here. OI on BTC remains at local highs, and a squeeze still seems like the way this bleed will ultimately resolve- but we need to find our footing here asap, because below our key levels that are holding right now there is a lot of free air (on majors like BTC/ETH).
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