INTERVIEW: EXCAVO View 12/12/25
In my previous post, I invited you to ask any questions you had about the current market, the cycle structure, Bitcoin dominance, altcoins, timing, and everything in between.
You asked - and here are the detailed answers.
This is the continuation of our interview series.
I have taken every question from the comments, grouped them under your usernames, and provided full, transparent explanations based on my current market view.
Let's dive in.
@just5
Q:
Why do you say the bear market started in November? If it started earlier, why not in October?
Where does the 126k top come from?
Why is Bitcoin dominance so high?
Why haven't many altcoins (ETH, SOL) broken their previous highs? How far can they fall?
Your analysis is based on past cycles and fractals. Do you admit you can be wrong?
A:
I do not define the beginning of a bear market strictly by the date of the absolute top. For me, the trigger is the structure on the weekly timeframe. The formal high was reached in October, but the signal that confirmed the start of the bear phase was the first strong red weekly candle, which appeared in November. That is why I mark November as the beginning of the bear market.
The 126k level is not something random - the market simply traded there (around 126,250 USD depending on the exchange). So the level itself is not in question.
As for Bitcoin dominance - it is very simple. We have one main instrument in the market: BTC. It defines the weather for the entire crypto market.
When BTC rises, some alts rise and others lag.
When BTC falls, everything falls - especially assets with weaker liquidity or fundamentals.
Historically, people traded a lot of alt/BTC pairs. Many even believed altcoins were created mainly to accumulate more BTC. Today this logic still works: liquidity

INTERVIEW: EXCAVO View 12/12/25
In my previous post, I invited you to ask any questions you had about the current market, the cycle structure, Bitcoin dominance, altcoins, timing, and everything in between.
You asked - and here are the detailed answers.
This is the continuation of our interview series.
I have taken every question from the comments, grouped them under your usernames, and provided full, transparent explanations based on my current market view.
Let's dive in.
@just5
Q:
Why do you say the bear market started in November? If it started earlier, why not in October?
Where does the 126k top come from?
Why is Bitcoin dominance so high?
Why haven't many altcoins (ETH, SOL) broken their previous highs? How far can they fall?
Your analysis is based on past cycles and fractals. Do you admit you can be wrong?
A:
I do not define the beginning of a bear market strictly by the date of the absolute top. For me, the trigger is the structure on the weekly timeframe. The formal high was reached in October, but the signal that confirmed the start of the bear phase was the first strong red weekly candle, which appeared in November. That is why I mark November as the beginning of the bear market.
The 126k level is not something random - the market simply traded there (around 126,250 USD depending on the exchange). So the level itself is not in question.
As for Bitcoin dominance - it is very simple. We have one main instrument in the market: BTC. It defines the weather for the entire crypto market.
When BTC rises, some alts rise and others lag.
When BTC falls, everything falls - especially assets with weaker liquidity or fundamentals.
Historically, people traded a lot of alt/BTC pairs. Many even believed altcoins were created mainly to accumulate more BTC. Today this logic still works: liquidity

INTERVIEW: EXCAVO View 12/12/25
In my previous post, I invited you to ask any questions you had about the current market, the cycle structure, Bitcoin dominance, altcoins, timing, and everything in between.
You asked - and here are the detailed answers.
This is the continuation of our interview series.
I have taken every question from the comments, grouped them under your usernames, and provided full, transparent explanations based on my current market view.
Let's dive in.
@just5
Q:
Why do you say the bear market started in November? If it started earlier, why not in October?
Where does the 126k top come from?
Why is Bitcoin dominance so high?
Why haven't many altcoins (ETH, SOL) broken their previous highs? How far can they fall?
Your analysis is based on past cycles and fractals. Do you admit you can be wrong?
A:
I do not define the beginning of a bear market strictly by the date of the absolute top. For me, the trigger is the structure on the weekly timeframe. The formal high was reached in October, but the signal that confirmed the start of the bear phase was the first strong red weekly candle, which appeared in November. That is why I mark November as the beginning of the bear market.
The 126k level is not something random - the market simply traded there (around 126,250 USD depending on the exchange). So the level itself is not in question.
As for Bitcoin dominance - it is very simple. We have one main instrument in the market: BTC. It defines the weather for the entire crypto market.
When BTC rises, some alts rise and others lag.
When BTC falls, everything falls - especially assets with weaker liquidity or fundamentals.
Historically, people traded a lot of alt/BTC pairs. Many even believed altcoins were created mainly to accumulate more BTC. Today this logic still works: liquidity

EURUSD Next Buying Move Analysis
The chart is showing EUR/USD with two key zones marked
Strong Support Level (bottom blue zone):
Price has bounced from this area multiple times, meaning buyers tend to enter here.
Strong Resistance Level (upper blue zone):
Price has been rejected here several times, meaning sellers tend to enter here.
What the drawn idea on the chart indicates
The sketch on the chart suggests a bullish scenario:
1. Price pulls back slightly
2. Forms a higher low
3. Breaks above the resistance zone
4. Continues up toward the Target Level (around 1.17)
This is a typical support consolidation breakout continuation idea.
Reminder
This is only a technical analysis illustration, not a prediction or trading recommendation. Real market conditions can behave differently.

INTERVIEW: EXCAVO View 12/12/25
In my previous post, I invited you to ask any questions you had about the current market, the cycle structure, Bitcoin dominance, altcoins, timing, and everything in between.
You asked - and here are the detailed answers.
This is the continuation of our interview series.
I have taken every question from the comments, grouped them under your usernames, and provided full, transparent explanations based on my current market view.
Let's dive in.
@just5
Q:
Why do you say the bear market started in November? If it started earlier, why not in October?
Where does the 126k top come from?
Why is Bitcoin dominance so high?
Why haven't many altcoins (ETH, SOL) broken their previous highs? How far can they fall?
Your analysis is based on past cycles and fractals. Do you admit you can be wrong?
A:
I do not define the beginning of a bear market strictly by the date of the absolute top. For me, the trigger is the structure on the weekly timeframe. The formal high was reached in October, but the signal that confirmed the start of the bear phase was the first strong red weekly candle, which appeared in November. That is why I mark November as the beginning of the bear market.
The 126k level is not something random - the market simply traded there (around 126,250 USD depending on the exchange). So the level itself is not in question.
As for Bitcoin dominance - it is very simple. We have one main instrument in the market: BTC. It defines the weather for the entire crypto market.
When BTC rises, some alts rise and others lag.
When BTC falls, everything falls - especially assets with weaker liquidity or fundamentals.
Historically, people traded a lot of alt/BTC pairs. Many even believed altcoins were created mainly to accumulate more BTC. Today this logic still works: liquidity

GOLD 1H CHART ROUTE MAP UPDATE & TRADING PLAN FOR THE WEEK
Hey Everyone,
Please see our 1h chart levels and targets for the coming week.
We are seeing price play between two weighted levels with a gap above at 4306 and a gap below at 4270, as support. We will need to see ema5 cross and lock on either weighted level to determine the next range.
We will see levels tested side by side until one of the weighted levels break and lock to confirm direction for the next range.
We will keep the above in mind when taking buys from dips. Our updated levels and weighted levels will allow us to track the movement down and then catch bounces up.
We will continue to buy dips using our support levels taking 20 to 40 pips. As stated before each of our level structures give 20 to 40 pip bounces, which is enough for a nice entry and exit. If you back test the levels we shared every week for the past 24 months, you can see how effectively they were used to trade with or against short/mid term swings and trends.
The swing range give bigger bounces then our weighted levels that's the difference between weighted levels and swing ranges.
BULLISH TARGET
4306
EMA5 CROSS AND LOCK ABOVE 4306 WILL OPEN THE FOLLOWING BULLISH TARGETS
4334
EMA5 CROSS AND LOCK ABOVE 4334 WILL OPEN THE FOLLOWING BULLISH TARGETS
4362
EMA5 CROSS AND LOCK ABOVE 4362 WILL OPEN THE FOLLOWING BULLISH TARGETS
4395
EMA5 CROSS AND LOCK ABOVE 4395 WILL OPEN THE FOLLOWING BULLISH TARGETS
4430
BEARISH TARGETS
4270
EMA5 CROSS AND LOCK BELOW 4270 WILL OPEN THE FOLLOWING BEARISH TARGET
4231
EMA5 CROSS AND LOCK BELOW 4231 WILL OPEN THE FOLLOWING BEARISH TARGET
4184
EMA5 CROSS AND LOCK BELOW 4184 WILL OPEN THE SWING RANGE
4150
4102
As always, we will keep you all updated with regular updates throughout the week and how we manage the active ideas and setups. Thank you all for you

China: Domestic demand weakens Standard CharteredNovember IP growth remained solid at 4.8% y/y thanks to an export-growth rebound after the trade deal. Real estate and infrastructure FAI declined deeper; policy makers vowed to stabilise

INTERVIEW: EXCAVO View 12/12/25
In my previous post, I invited you to ask any questions you had about the current market, the cycle structure, Bitcoin dominance, altcoins, timing, and everything in between.
You asked - and here are the detailed answers.
This is the continuation of our interview series.
I have taken every question from the comments, grouped them under your usernames, and provided full, transparent explanations based on my current market view.
Let's dive in.
@just5
Q:
Why do you say the bear market started in November? If it started earlier, why not in October?
Where does the 126k top come from?
Why is Bitcoin dominance so high?
Why haven't many altcoins (ETH, SOL) broken their previous highs? How far can they fall?
Your analysis is based on past cycles and fractals. Do you admit you can be wrong?
A:
I do not define the beginning of a bear market strictly by the date of the absolute top. For me, the trigger is the structure on the weekly timeframe. The formal high was reached in October, but the signal that confirmed the start of the bear phase was the first strong red weekly candle, which appeared in November. That is why I mark November as the beginning of the bear market.
The 126k level is not something random - the market simply traded there (around 126,250 USD depending on the exchange). So the level itself is not in question.
As for Bitcoin dominance - it is very simple. We have one main instrument in the market: BTC. It defines the weather for the entire crypto market.
When BTC rises, some alts rise and others lag.
When BTC falls, everything falls - especially assets with weaker liquidity or fundamentals.
Historically, people traded a lot of alt/BTC pairs. Many even believed altcoins were created mainly to accumulate more BTC. Today this logic still works: liquidity

INTERVIEW: EXCAVO View 12/12/25
In my previous post, I invited you to ask any questions you had about the current market, the cycle structure, Bitcoin dominance, altcoins, timing, and everything in between.
You asked - and here are the detailed answers.
This is the continuation of our interview series.
I have taken every question from the comments, grouped them under your usernames, and provided full, transparent explanations based on my current market view.
Let's dive in.
@just5
Q:
Why do you say the bear market started in November? If it started earlier, why not in October?
Where does the 126k top come from?
Why is Bitcoin dominance so high?
Why haven't many altcoins (ETH, SOL) broken their previous highs? How far can they fall?
Your analysis is based on past cycles and fractals. Do you admit you can be wrong?
A:
I do not define the beginning of a bear market strictly by the date of the absolute top. For me, the trigger is the structure on the weekly timeframe. The formal high was reached in October, but the signal that confirmed the start of the bear phase was the first strong red weekly candle, which appeared in November. That is why I mark November as the beginning of the bear market.
The 126k level is not something random - the market simply traded there (around 126,250 USD depending on the exchange). So the level itself is not in question.
As for Bitcoin dominance - it is very simple. We have one main instrument in the market: BTC. It defines the weather for the entire crypto market.
When BTC rises, some alts rise and others lag.
When BTC falls, everything falls - especially assets with weaker liquidity or fundamentals.
Historically, people traded a lot of alt/BTC pairs. Many even believed altcoins were created mainly to accumulate more BTC. Today this logic still works: liquidity

INTERVIEW: EXCAVO View 12/12/25
In my previous post, I invited you to ask any questions you had about the current market, the cycle structure, Bitcoin dominance, altcoins, timing, and everything in between.
You asked - and here are the detailed answers.
This is the continuation of our interview series.
I have taken every question from the comments, grouped them under your usernames, and provided full, transparent explanations based on my current market view.
Let's dive in.
@just5
Q:
Why do you say the bear market started in November? If it started earlier, why not in October?
Where does the 126k top come from?
Why is Bitcoin dominance so high?
Why haven't many altcoins (ETH, SOL) broken their previous highs? How far can they fall?
Your analysis is based on past cycles and fractals. Do you admit you can be wrong?
A:
I do not define the beginning of a bear market strictly by the date of the absolute top. For me, the trigger is the structure on the weekly timeframe. The formal high was reached in October, but the signal that confirmed the start of the bear phase was the first strong red weekly candle, which appeared in November. That is why I mark November as the beginning of the bear market.
The 126k level is not something random - the market simply traded there (around 126,250 USD depending on the exchange). So the level itself is not in question.
As for Bitcoin dominance - it is very simple. We have one main instrument in the market: BTC. It defines the weather for the entire crypto market.
When BTC rises, some alts rise and others lag.
When BTC falls, everything falls - especially assets with weaker liquidity or fundamentals.
Historically, people traded a lot of alt/BTC pairs. Many even believed altcoins were created mainly to accumulate more BTC. Today this logic still works: liquidity