Matthew Dixon - Veteran Financial Trader

The Triangle could even already be completed for #OIL which should mean Bullishness for risk assets #BTC & #Crypto immediately with further "fuel" at the #FED meeting next week https://t.co/VjVw8DbHkV

TWO OPPOSING SCENARIOS - Take your pick and which ever you choose, manage risk reward for profitable outcome!

Supporting further potential downside in a powerful C wave, the move from the #BTC ATH to $BTC $60k can be counted as a completed A-wave.
Weekly RSI is nowhere near the extremes normally associated with major bear market bottoms.
Geopolitical shocks often produce panic lows that get retraced.
A rally toward the 0.618-0.786 retracement zone ($85k-$95k) would be typical for a B-wave, then targeting $45k ish. in wave C

However.....

The biggest issue is the proposed target around $40k-$45k.
And for that to happen, #Bitcoin would likely need:
A genuine recession or credit event.
Sustained ETF outflows.
Major deterioration in liquidity.
A completed macro bull market.

At the moment, none of those are clearly established.

So my ALTERNATIVE IS.....
BTC finds support between $58k-$65k.
Strong rally develops toward $80k-$95k.
Pullback follows.
Eventually new highs above the previous ATH.

Your thoughts please.....

I don't see a major negative $Zcash specific event

In fact, recent news around #Zcash has generally been positive:
Development continues around quantum-resistant wallet technology and governance upgrades.
Reports of a Zcash network outage were largely attributed to explorer/reporting issues rather than a protocol failure.
The broader privacy-coin narrative has actually strengthened over the past year, attracting renewed investor attention.

Remember, #ZEC had an enormous run from late 2025 into 2026, at one point outperforming most of the crypto market. Assets that rise that quickly often experience violent corrections whenever sentiment weakens.
So today's weakness is likely:
#Bitcoin weakness.
Iran/macroeconomic risk-off sentiment.
Profit-taking in a token that has already had a huge move.
General crypto leverage being unwound.
Longer-term
Ironically, the investment case for Zcash today is stronger than it was a few years ago because it now has a clear narrative:
Privacy in increasingly important in the digital world.
That's the reason institutions and high-profile investors have recently revisited ZEC.
My view:
If Bitcoin stabilizes, ZEC can rebound sharply.
If Bitcoin loses major support, ZEC will likely continue lower regardless of its own fundamentals.
The biggest driver of ZEC right now is probably not technology but the privacy coin narrative and broader crypto liquidity conditions.

DESPITE visible weakness compared to other assets, #LTC has a serious chance of a decent bounce.
Its just that other assets will likely bounce harder https://t.co/KyZ6SIeDAg

While I think $LTC can certainly rally hard if #alt season returns,
The real question in my mind is, why own #LTC instead of #SOL, #HYPE, #BTC, or another asset?

More of a cyclical trading vehicle than a long-term conviction investment imo.

Short-term, expect one more low is more likely than not.

Medium-term, a significant bounce from the $35-$45 area is likely if the broader crypto cycle remains intact.

Long-term, I expect LTC continues to UNDERPERFORM the strongest crypto networks unless a new narrative emerges.

Looking at the weekly chart, I would say the probability of LTC going lower is still slightly higher than the probability that the ultimate low is already in.

Litecoin has been making lower highs for years.
Every major rally since 2021 has failed.
The recent breakdown from the $120-$140 area was severe.
Price is now sitting just above a major support zone around $40-$45.
The worrying thing is that LTC has massively underperformed many #Crypto assets
That suggests capital is leaving LTC rather than accumulating.
Im sure many disagree but I am stating facts not spouting Hopium

We now have price confirmation on #LTC that the area in the pink box was indeed a Bear Flag as indicated and though we may now get a modest correction higher is is virtually certain that the $LTC low for this cycle is not in yet - still projected for probably Oct this year at the bottom of the #BTC cycle

NOT THE TIME FOR PAPER HANDS

Right now, some are throwing in the towel.
This is not the time to give up imo
We have Hidden Bullish Divergence showing on #BTC
We are have oversold RSI and the beginning of a +ve candle formation to conform it.
We called this correction in advance and I cautioned NOT to take Long $BTC or #Crypto positions

As we can see from the comparative performance with some major #Crypto, $ICP is making a very strong showing today.
#ICP has been a favourite of late because of all the reasons mentioned in previous posts
Also we can see a base is forming, beginning with a potential leading diagonal before a sharper impulsive looking move up
However, holding support is critical at this stage, so caution is still warranted despite the many positives.

#ADA is a very interesting and revealing chart.
Notice that the most recent low was a NEW LOW. This means that we MUST count the large move up as A and NOT 1 (because wave 2 cannot retrace more than 100% x 1)
So the move down appears to be B and will likely go lower before the turnaround. The good news is, we should exceed $ADA 1.3278 in the Bull run expected to begin late this year.
RSI is near the bottom but can go lower in a capitulation scenario

PICK OF THE MONTH

#NEAR Protocol is one of the more interesting “survivor” Layer-1 projects right now because it has:
real technology, strong developer tooling and a clear AI narrative,
AND it avoided becoming a completely abandoned ghost chain.
But can it regain major mindshare and sustained user/network growth?

$NEAR held the $1 support zone and never had a decisive breakdown and that likely created a large accumulation base.

The recent move higher is impulsive! and accompanied by very strong #RSI momentum and the chart currently looks more bullish than bearish short-to-medium term.

So we have a multi-month base completed with momentum breakout that has reclaimed prior range.
We therefore have a "POSSIBLE" macro trend reversal beginning
However RSI is now very overbought so some pullback/consolidation is probable after this surge.
Important resistance zones

If NEAR breaks into the old 2024–2025 congestion area:
upside can accelerate quite fast because the chart becomes relatively thin structurally.

NEAR has strong Fundamentals that make it genuinely interesting.
AI narrative + chain abstraction
AI agents,
AI-native apps,
cross-chain interaction,
and “invisible blockchain UX.”
That narrative currently fits one of the strongest themes in crypto imo.
AI + blockchain convergence.
And Technically NEAR still has strengths such as,
Nightshade sharding
fast finality
relatively low fees
good UX
developer-friendly architecture.
And importantly:
developer activity appears to have remained reasonably healthy.
If you are into long term buy and hold then NEAR makes sense to me.