#ALTCOINS

I'll just leave this here.

Have a great week!

Chances that this is a local bottom before altseason have increased even more.

I’m ready.

Don't get scared if we see another 5%-10% drop to form a higher low.

Just hold/buy the dip. This really looks like a local bottom formation.

$ENA update

It reached $0.55 and bounced from there. Now it got rejected again. Next support could is around $0.40. This doesn't change the plan for a new ATH in the next few weeks.

Check out the potential roadmap on the chart.

#Memecoins

Memecoins have retraced 60%-80% on average over the last few weeks (and they could still drop further).

Since a local bottom should be forming soon, they might see a bounce during the rest of February. However, I don't think most of them will reach a new ATH.

From now on, the focus should be on L1s, AI, RWA...

Maybe $88k-90k for BTC.

Current view: https://x.com/CryptoCapo_/status/1887822635104457087

Patience.

Idea playing out so far.

Even if the main plan remains the same, you can't ignore signs. Adaptation is key.

Not a permabull, not a permabear. Just a trader.

$ETH update

The $2,800-3,000 support zone didn't hold. Next support zone is $1,900-2,200, which should be tested again soon and is where the local bottom should be forming.

Main target remains new ATH, probably over $5k. That move would trigger the altseason.

Have a good weekend!

GM

Once again, this move feels like a bull trap. Watch out.

Yes, I mentioned the other day’s drop might have been the last shakeout, but adapting to current circumstances is key.

From current levels, altcoins could drop another 20%-40% in this second shakeout, potentially followed by a quick recovery.

I call it a “shakeout” because panic-selling during these sudden moves is a mistake. The right move is to stay calm and add to your position, since this should be an accumulation zone.

Let's see!

This also looks like a bull trap, in my opinion—basically the same pattern they’ve been pulling these past few days.

Stay safe.

$ETH

Main support zone: $1,800-2,100

When I talk about a 20%-40% drop, I’m referring to an average scenario. Here’s the breakdown:

-BTC usually drops the least. In this case, it might see around 15%-20% (targeting $80k–$85k), though I’m not ruling out a lower wick.

-Altcoins could drop 20%-40%, with stronger ones correcting around 20%-30% and weaker ones around 30%-40%.

-Memecoins, once again, might be the most affected in this second shakeout, potentially dropping 50%-60%.

And yes, nobody wants this scenario, but it’s not about what we want—it’s about what the market gives us. Adaptation is key.

In any case, let's see how it plays out.

Stay safe and enjoy the weekend!

Potential quick 5% pump, followed by a strong dump (bull trap).

BTC could reach 100k. ETH 3k. Then down.

$ETH - Zoomed in

Expecting something like this.

So the current plan would be:

◻️ 5%-10% quick pump (bull trap) – soon
◻️ 20%-40% drop (second shakeout) – next few days, probably this week
◻️ Altseason (epic) – after the second shakeout