The analysis utilizes Elliott Wave principles and Fibonacci retracements to evaluate market movements, specifically focusing on Bitcoin (BTCUSD) and selected altcoins following a rate cut. For BTCUSD, an initial upward movement was observed, fulfilling prior expectations. The primary focus for BTCUSD is a projected bullish push towards a target zone, referred to as the 'blue box,' encompassing price levels such as 96,214.95, 97,111.09, and a final Wave 1 target at 98,630.86. This ascent is anticipated to manifest as a leading diagonal. A subsequent correction phase is expected, followed by a continuation of the upward trajectory, potentially completing an ABC corrective structure or a full 1-2-3-4-5 impulse wave, with a long-term projection towards 200,000. The invalidation point for this bullish BTCUSD scenario is stipulated at 91,190.22. Conversely, while traditional markets like Nasdaq and Gold exhibit strong bullish trends, the broader cryptocurrency market, including altcoins such as SUIUSD, RENDERUSD, and ETHUSD, is characterized by perceived weakness, significant selling pressure, and market manipulation, indicating a prevailing bearish sentiment for these assets, despite intermittent upward spikes. For SUIUSD, a potential Wave 1 target is indicated at 2.079. The commentary suggests a focus on liquidation within the altcoin space.