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.

The first significant pullback is likely to occur around the 110K level, as we're starting to see some signs of weakness forming in the higher timeframe indicators. For me, this marks a sensible point to begin de-risking and gradually rotating into safer assets. This aligns with the approach I've been discussing for the past few weeks, and I intend to stick to my strategy as I always have. While there's a lot of euphoria and hype right now, staying level-headed remains crucial—just as we did in August and September when many were panicking. At that time, I confidently stated that I was accumulating and increasing my portfolio risk without hesitation. Stay tuned and spread the word.