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 @AltcoinGordon, BTC dominance just printed its first monthly MACD bearish cross in four years. Source: Gordon @AltcoinGordon on X, Aug 15, 2025. He notes that the last time this signal appeared, altcoins rallied for roughly four months, with large caps doing about 10x and mid- to low-caps surging 20x-50x. Source: Gordon @AltcoinGordon on X, Aug 15, 2025. He characterizes this as the altseason switch flipping and states the signal is now live, indicating a potential rotation into altcoins per his view. Source: Gordon @AltcoinGordon on X, Aug 15, 2025.