🌀 Codex VI — The Pivot: Wave 4’s Coil Between Trap and Ignition

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Codex V — ETH Speaks Before the Final Wave was written just before ETH topped at $4,955 — a warning of wave 4 even as momentum roared. But the breakout itself had already been logged earlier, before $4K was cleared.

On July 9, I posted “Final Wave” with ETH at $2,600 — already long from $2,445 (11 Silent Entries). Reloaded mid-wave at $3,390 (Bounce Echo). ETH rallied to $4,955 while BTC stayed flat. I dropped “ETH Speaks” at the top — a warning before wave 4 began. That post ended with: “Let’s see if ETH plays out. Like all the others did.”
It did.

Now Codex VI takes the baton. ETH has coiled above $4K for weeks. No collapse. No breakout. Just tension. The pivot.

Now we’re reflecting: how does wave 4 end? Trap or ignition.

I’m publishing this post before confirmation — not because I’m certain, but because rhythm whispered.

If you wait too long: - → Wave 5 may already begin, and the post becomes retrospective instead of rhythmic
- → Codex VI loses its role as a pivot log — and becomes just another recap

But by posting now: - → I document the tension before resolution
- → I let the reader stand in the coil with me — not just read about it after

Wave 3 is complete. Wave 4 is active. This isn’t a forecast. It’s a reflection. What happens next decides whether the final crescendo begins — or waits for one last trap.

Codex Timeline So Far

Each phase was mapped before hype, traded in rhythm, and now archived in sequence — from the first whisper to the current coil.

From the first impulse to the current coil — every phase logged before the move, then revisited after.

ETH Rhythm Recap — After “ETH Speaks”

• Aug 22: Short $4,800 (range high) → hedge re-entry
• Aug 25–26: Long golden pocket → +3R
• Aug 30: Second bounce same zone → +2R
• Aug 31: Swing long avg $3,869 → TP crescendo

Twice I shorted the top, twice I scalped the golden pocket — all logged before confirmation.

Coil Was Already Whispering — Reflection from Codex V

Before writing this post, I left a reflection on Codex V — ETH Speaks:

“Technically, this is an SR flip — reminds me of Nov 2023 when ETH held above $2,150 for 60 days before rallying. Now we’re above $4K for 4 weeks. Same coil. Same rhythm. Wave 4 might not be a dump. It could be the sideways consolidation we’re seeing now — just like in 2023. If macro aligns, wave 5 ignites.”

That reflection was posted before confirmation — and now, Codex VI expands on it. The coil held. The rhythm echoed. And the pivot is here.

ETH’s Dual Fractal — Structure Echoes Twice

Fractal 1: ETH is doing the BTC 2020 cycle - BTC broke out of a symmetrical triangle in late 2020
- Consolidated just under its previous ATH at $20K
- Then ignited into a full rally to new highs
- ETH has now broken out of its own symmetrical triangle
- Hit $4,800 (ATH), and is consolidating just below — exactly like BTC did

Fractal 2: ETH is repeating its own 2023 rhythm - In 2023, ETH broke out of a 2-year ascending triangle
- Then held above $2,150 for 60 days in a 25% range before igniting to $4K
- That wasn’t a coil inside structure — it was post-breakout consolidation
- Now, ETH has held above $4K for 4 consecutive weekly candles — also in a 25% range
- Same rhythm. Same structure. If the range holds, ignition follows

Conclusion: These two fractals — one from BTC, one from ETH’s own history — both suggest the same structure:

→ ETH may not go under $4K again
→ The next move is the breakout — the crescendo

Personal Reflection — Final Wave Patience

In my opinion, now it’s the last trade. Why? Bulls have been spoiled — I documented 3 entries from April’s bottom on the way up — all gave 10–20R.
Some were already logged in previous Codex posts.

This is the final wave if we get it. 🙏

Invalid on weekly close below — it’s simple: this is a breakout of a 2-year descending broadening wedge.

“The wedge target sits at $11.5K — but Fibonacci extensions also point to $7.7K and $9.8K as earlier melt-up zones.
But structure doesn’t scream at the top — it whispers. And when it does, exit becomes the hardest trade of all.”

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Screenshot — ETH wedge breakout holding above $4K for 4+ weeks, mirroring the ascending triangle breakout in 2023.

Macro & BTC Shadow

If macro aligns, the BTC 2020 fractal doesn’t just echo — it ignites.

Macro holds the trigger. If Fed pivots, risk ignites. BTC shows exhaustion: triple bear divergence since May 2024, weekly MACD crossing, momentum fading.
Line in sand: $96K weekly 50MA. Break it → history calls bear.

And BTC.D? - Two red monthly candles. Clear trend change.
- BTC.D is about to accelerate to the downside. - BTC may push one last higher high…
- That means rotation. ETH. Alts.
- Ignition fuel for wave 5.

I could dive into the $2,400 trap we might echo, the 25% range that’s just consolidation disguised as chaos, and the emotional dumps that always precede ignition. But Codex isn’t about explaining noise. It’s about logging rhythm before it becomes obvious. Macro may trigger the move — but structure already whispered.

The Flip I Didn’t Take

This time, I’m choosing to show a miss — not a win.
Instead of a screenshot of trades from this phase as in previous post, I’m sharing the flip I didn’t take.

In June, I mapped ETH/BTC at 0.02 → now 0.04. The rhythm was clear. But I didn’t flip. Not because I didn’t see it — but because I didn’t trust it.

I didn’t miss the rhythm. I missed the flip. And that’s part of Codex too.

Reflection includes the trades you didn’t take — especially when they whisper louder than the ones you did.

I still caught multi +15R trades on ETH. But the flip? It never happened.
Lesson: trust your own memory more.

Screenshot June 10 journal entry — ETH/BTC at 0.02 mapped.

Codex Reflection

Edge isn’t just setups. It’s memory in motion. Reflection before confirmation. Trust before proof. I mapped before noise. I traded before hype. And now Codex has taught me:

Edge without trust = silent coil.

Closing the Pivot

Wave 4 is in play. The next phase is written in rhythm: → Either dump → reload → ignition
→ Or sideways coil → sudden crescendo

I’m waiting for the whisper. And when it comes, I’ll be ready. Codex isn’t prediction. It’s timestamped reflection. Wave 5 may arrive in days — or wait for one last trap.

Mapped before noise. Executed before hype. Now the echo plays out.🚀

One morning, you’ll wake up and see ETH at $6K. Alts pumping 100%. Twitter screaming “bull market confirmed.” But it’s not the beginning. It’s just wave 5.

And that’s when Codex VII drops — most likely titled:
“The hardest trade is to exit — especially when structure is disguised as bullish continuation.” 😏

But first. Do we ignite from $4K — or trap one last time before crescendo? Drop a comment if you’re listening to the rhythm too.

Tradejournal Links (Private Archive)

These aren’t signals. They’re echoes — timestamps left behind in my private journal. Codex is memory in motion, and these links are the proof. For my own reference.

🔗 ETH/BTC at 0.02 → 0.04 — June 30 🔗 ETH $2,445 entry — June 30 11 Silent Entries
🔗 ETH $3,390 reload — Aug 3 Bounce Echo
🔗 ETH $4,800 short — Aug 22 ATH hedge
🔗 ETH golden pocket scalp — Aug 25–26 🔗 ETH golden pocket scalp 2 — Aug 30
🔗 Account screenshot — Aug 31 swing long avg $3,869

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Latest post, check out :
ETH Speaks Before the Final Wave

Christopher

Kristiansand, Norway

Source: Photos are chart-screenshots by me from Tradingview.com

Legal Disclaimer : Never invest more than what you can afford to lose. I am not a financial advisor and I am sharing my opinion based on speculation. This post is for informational purposes only and provides only my personal opinion. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

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