Crypto market made another bigger decline, impacted by stock market sell-off, but we still see it trading within a higher degree wave 4 correction, where ideal support comes at 1.7T – 1.4T area. It’s still a summer consolidation, so as long as Crypto total market cap chart is above trendline and 1.2T invalidation level, there’s still a chance for a bullish continuation for wave 5. It's actually already bouncing strongly from daily support zone, so looks like correction in wave 4 is completed and bulls for wave 5 back in the game, especially if recovers back above 2.45T bullish confirmation level, just watch out on short-term pullbacks.
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