Bitcoin is hovering around 77,200 after a failed attempt to reclaim 78k yesterday. The current wave structure presents two scenarios: either a pullback to form a central accumulation zone, followed by a continuation upward. For now, it's wise to close existing long positions, take short-term shorts, and wait for a dip before flipping back to longs. Quick in-and-out plays are the name of the game during this consolidation phase. Ethereum is showing more volatility, with the smaller timeframe also building a central accumulation structure. Once this pattern completes, the bias remains bullish. No shorting here, just patience for a corrective dip to enter fresh longs. The broader view aligns with Bitcoin, where wave x ends and wave z begins. Speed and discipline are key. On the altcoin front, Near has surged over 20%. Since it's still far from support, taking profits and rotating into other positions makes sense. Eigen caught my eye recently, with a perfect inverse head and shoulders pattern that just broke the neckline. There's limited room for a pullback, so holding looks reasonable. Remember, all plays require strict risk management. The market is volatile, and capital preservation comes first. Stay sharp out there.