The Market Still Wants Lower Prices

The read

The setup has not changed much.

BTC and ETH are in the buy zone, but neither has reclaimed support.

The market still prices one more flush as a real outcome: BTC $55K and ETH $1,500 are both near 70% touch odds before 2027.

We are partly filled, with more capital armed below the market. We are still not chasing HYPE near its highs.

Market Map

Where We Are in Cycle

Our Posture

What We Are Watching

• BTC holds low-$60Ks: The floor is being tested now. If support starts to rebuild, we can turn less defensive.

• ETH holds $1,500: That is the clean major-coin line in this report. Holding it keeps the accumulation case intact.

• HYPE pulls back toward discount levels: Strength is not the same as value. Only a real pullback changes the no-chase stance.