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.