According to PANews, Fundstrat analyst Mark Newton said on X that common technical indicators are being misused to call a crypto market top and outlined five reasons the uptrend remains intact, source: PANews; Mark Newton on X, 2025-11-02, x.com/MarkNewtonCMT/status/1984376764299133214. Newton stated the Elliott Wave structure shows no topping pattern, which argues against a finalized peak, source: Mark Newton on X, 2025-11-02, x.com/MarkNewtonCMT/status/1984376764299133214. He added the monthly DeMark exhaustion signal has not triggered, removing a key top confirmation often used by systematic traders, source: Mark Newton on X, 2025-11-02, x.com/MarkNewtonCMT/status/1984376764299133214. Newton noted MACD turning negative during range-bound action is not decisive without a confirmed sharp five-wave decline from the highs, reducing the weight of the recent bearish cross, source: Mark Newton on X, 2025-11-02, x.com/MarkNewtonCMT/status/1984376764299133214. He emphasized the medium-term trend since 2022 still shows higher highs and higher lows, keeping trend-following bias intact, source: Mark Newton on X, 2025-11-02, x.com/MarkNewtonCMT/status/1984376764299133214. Finally, Newton said market sentiment is far from levels that typically accompany major crypto tops, suggesting positioning and funding dynamics have not reached blow-off extremes, source: Mark Newton on X, 2025-11-02, x.com/MarkNewtonCMT/status/1984376764299133214.

According to Trader Tardigrade, Bitcoin (BTC) is currently forming a corrective wave pattern within a contracting triangle, which is a classic Elliott Wave triangle variation. This structure is typically observed during wave 4 of the Elliott Wave sequence and is characterized by a steady decrease in both trading volume and market volatility. Traders should note that such technical formations often signal a period of consolidation before a potential breakout. The ongoing decline in volume and volatility suggests limited immediate price action, making risk management and patience crucial for BTC traders at this stage (source: Trader Tardigrade on Twitter, June 13, 2025).

According to Trader Tardigrade, Dogecoin (DOGE) has reached the end of its wave 4 consolidation, indicating that a significant price move in wave 5 may be imminent. This technical setup, based on Elliott Wave analysis, suggests traders should closely monitor DOGE for breakout opportunities and increased volatility in the short term. Source: Trader Tardigrade on Twitter.