Looking at the Crypto Total Market Cap, we can already count five clear and well-defined impulsive waves following classic Elliott Wave structure (1-2-3-4-5).
However, this does not necessarily mean the top is in at 3.72T.
There’s still a valid possibility that we’re in an extended Wave (3), which could push prices even higher before any meaningful correction sets in.
The chart also shows the early stages of a potential (A)-(B)-(C) corrective structure, but at this stage, it's too early to confirm that scenario.
Right now, the best move is to stay patient and wait for structural confirmation before assuming either a final top or a continuation to new highs.
Let the market show its hand.
However, this does not necessarily mean the top is in at 3.72T.
There’s still a valid possibility that we’re in an extended Wave (3), which could push prices even higher before any meaningful correction sets in.
The chart also shows the early stages of a potential (A)-(B)-(C) corrective structure, but at this stage, it's too early to confirm that scenario.
Right now, the best move is to stay patient and wait for structural confirmation before assuming either a final top or a continuation to new highs.
Let the market show its hand.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.