Bitcoin is currently sitting at a critical support zone around 64,000. Structurally, it looks like we are in the late stages of a WXY double zigzag correction. The recent breakdown below the 65,000 local low suggests the second five-wave bearish leg is wrapping up. But here is the reality check: catching the bottom here carries serious risk. We need to watch closely for a potential reversal that could spark the X wave recovery. Ethereum remains a bit of a wildcard. The structure is still ambiguous, possibly following a WXY pattern as well, but it is unclear if we are in the third or fifth wave. After yesterday's bounce, selling pressure resumed, pushing price into a zone that demands patience. Better to wait for a clearer structure before jumping in. On the macro side, the US stock market CRCL index dropped from 495 to 130, completing a five-wave rally. It is now in a corrective decline phase, with the smaller degree showing a double zigzag structure. This means a bounce could happen at any time. My take: consider accumulating gradually in this zone with a target around 170. Risk disclaimer: This analysis is based on Elliott Wave theory. Markets are unpredictable. Always align your trades with your own risk tolerance and use strict stop losses.