This is a short one. The full issue comes next week, and it is the one I have been building toward for a while, because it is where the new TechDev platform finally launches. Today is just a quick check on the short term picture for Bitcoin and Ethereum and where the ETF trades stand.
First, thank you to everyone who voted in the poll and sent feedback. The result was clear, and I know exactly what you want to see first. You will have it next week.
Ethereum
Last issue I said Ethereum had a little more to run, with the local top in the $2680 to $2880 zone. It ran straight into it, pushed to about $2780 on September 21, and has spent the two weeks since holding inside the zone around $2700.
Nothing about the structure has changed, and next I expect is a double top in the green zone followed by the retrace to $2100 to $2300.
Bitcoin
Bitcoin did the same thing, just with a bit more push. I had the local top at $83.5K to $85.5K. Price went a couple thousand dollars past it, to about $87K on September 23, and is back near $86K today.
I do not read that as a change in the picture. I still expect the pullback to roughly halfway up the breakout move, $70.5K to $72.5K.
The ETH ETF Trades
The swing map is proceeding exactly as planned.
✅ DONE - Sell ETHU at ~$32. Ethereum inside $2680 to $2880.
✅ DONE - Buy ETHD at ~$23.
Sell ETHD at ~$45. Ethereum back at $2100 to $2300.
Buy ETHU at ~$20. Where the correction should end.
Hold ETHU to ~$85 minimum.
Nothing on that list has moved. I will keep confirming each step here as it executes.
Next Week
The full issue lands next week with the first piece of the new platform. I will also have the updated short term charts, the status of every step on the swing map, and a fresh Gem Score board.