I’m looking to buy between $1.50 to $1.64. The price is now testing a critical high-timeframe support level, aligning perfectly with a Golden Pocket between the 0.5 and 0.618 Fibonacci retracement zones. After locking in profits on my leveraged positions above $2, I’ve shifted focus to gradually re-accumulating and increasing my spot exposure to FET. The current price action reminds me of the bottoming structure from early November, which preceded a sharp 100%+ rally.

Key warning signs are starting to surface, even as I’ve updated my revised targets for Bitcoin. Months ago, I flagged the potential for a “Danger Zone,” defined by narratives like a soft landing and Trump’s endorsement of crypto—both of which are now coming into focus. We’re also entering the Emotional Gap phase, where fear and anxiety quickly give way to euphoria and greed. This shift often clouds judgement, pushing investors toward emotionally-driven decisions and confirmation bias.

$BTC - Keep in mind, we're still in Wave 5, which is typically the shortest phase in an Elliott Wave count. I anticipate we’ll reach the peak much sooner than many expect, so I plan to start de-risking shortly!

As mentioned in my last post, the cool-off period for BTC and altcoins has started. We will be taking some positions in the market again soon. I will be sharing some further updates soon, but we took a nice trade on FLOKI recently.

FLOKI up 19.5% since post. You can take profit here.