The malfunction on 10/10 remains unresolved—and it's the core blocker keeping markets stuck in consolidation mode.

We're sitting right on the edge. Nearly every altcoin has retraced back to the wicks by now, which tells an interesting story: those holding have been selling into the hands of whoever should be accumulating. The price action is clean, the pattern is clear.

Right now, it's about recognizing where fair value actually sits. The correction has flushed out weak hands. Whether this triggers the next leg up depends entirely on whether that technical issue gets sorted.