Hey fam!
Just wrote a blog post with more details on the new storytelling we're rolling out.
Also don't forget the community update in Hegequarters tomorrow Thursday Oct 8 at 16 UTC!
HEGE fam!
This is day posting on behalf of the HEGE team.
We'll keep this brief.
We are happy to announce that, over the past 6 months, we have reimagined our story and mainline content framework, and we're finally ready to go public with it.
As most of you may know, our main storyline has always been closely tied to market cap milestones.
New mc milestone = more story.
This gave us something to look forward to, but it has also resulted in narrative lulls between chapter unlocks.
To prevent that, we decided keep the milestones formula but change its role:
Milestones will no longer determine when new chapters arrive. Instead, they will trigger major turning points in the story, called Levels.
Chapters will drop monthly regardless of price action, keeping a consistent flow of new content.
Milestones become catalysts for bigger narrative developments rather than gates holding the next chapter behind a price target.
"That's it?" of course not lol here's the first new chapter of the Hege story:
We will have a lot more to share about this in the week ahead, but for now here is a blog post with a few more details:
https://hegecoin.com/blog/announcing-the-new-hege-story/
More to come very soon, we hope you enjoy it.
— HEGE DevTeam
Something a little different today. I’m first going to cover HEGE/USD as per usual. But then I’m going to add a bonus section about Solana (SOL), because there are some interesting (bullish!) things going on across the SOL charts.
But first, on the HEGE chart we’re still hanging out just below resistance at 2.2M. I like this chart, but I would like it even more if we could get a decisive break above 2.2M. If that happens, the next major resistance above is around 4.5M.
So all in all, the HEGE chart is still looking promising.
Why do I want to cover SOL today?
Because it’s breaking out in several different ways. (And where SOL goes, we follow.)
First let’s have a look at the SOL/USD chart. It closed the week at 120, on a stronger candle than BTC. Meaning it’s now back above the 40 week EMA, and also back in the old range between 100 and 260. It could now continue up to test the all time highs at 260.
Notice how this setup is similar to what kicked off the bull run in late 2023 (arrows in chart).
SOL/USD weekly chart, 2026-09-28: Back in the range between 100 and 260.
So that looks good.
But now let’s take a step back and look at the wider context that this is happening within.
In short, what’s interesting about the backdrop here is that the altcoin market is heating up.
First off, here is TOTALES, meaning the total crypto market cap excluding stablecoins.
It is possibly breaking out, forming a head & shoulders failure, with a price target up above the prior all time high. I want another strong weekly candle to confirm this, but it’s definitely looking strong — and stronger than BTC.
TOTALES weekly chart, 2026-09-28: Breaking out?
With the total crypto market covered, let’s turn to OTHERS, which is the total market cap of all cryptos excluding the top 10. The altcoin index, if you will.
Here is where it gets interesting.
As you can see on the chart below, OTHERS has clearly confirmed a double bottom breakout. It could now be going for the top end of the range, at the old all time high of 450B.
What’s interesting about this? The altcoin chart actually looks stronger than the total crypto market chart!
Dare I speak the word: altseason?
OTHERS weekly chart, 2026-09-28: Double bottom.
Okay so that was the larger context for the SOL/USD breakout.
Now finally, let’s turn back to Solana again and see how it does against the other three heavyweights BTC, ETH, and BNB.
First, SOL/BTC is also breaking out, in a similar setup to the rally in late 2023. This chart breaking out means that SOL is stronger than BTC right now.
SOL/BTC weekly chart, 2026-09-28: Breakout.
Turning to the second largest crypto, Ethereum, let’s see how SOL/ETH is looking.
Versus ETH, you can see that SOL is possibly forming a bottom, similar to late 2023. But contrary to the SOL/BTC chart we just covered, this has not broken out yet.
This means that SOL and ETH are roughly equally strong right now.
SOL/ETH weekly chart, 2026-09-28: About to break out?
Finally, turning to the third largest crypto, Binance Smart Chain, let’s have a look at SOL/BNB.
Here again, SOL is breaking out after a bottoming pattern, similar to what it did in 2023.
SOL/BNB weekly chart, 2026-09-28: Breaking out.
Okay so that concludes this little walkthrough of the Solana charts.
In summary, Solana looks really strong here, and this could be the start of a new bull run like the one that blew everybody’s brains out in late 2023.
But of course remember as always, there are no guarantees in this kind of technical analysis (TA). TA is simply a tool for finding setups with good risk/reward. That’s it. Use it responsibly!
With all that said.
Hope y’all had a great weekend, and stay tuned for more later today!
💛💛💛
Bitcoin closed the week at 84.5k, above resistance at 83k, but not on a strong candle.
There we go, 83k has been broken on the weekly timeframe!
However, I’m reluctant to call this breakout just yet. I would have wanted a stronger candle, closing right up at the top with little or no wick to the upside. Whenever you have an important level like this, possibly turning a long bear market into a new bull market, you want the level to be clearly broken, without a doubt.
But that’s not what happened. Instead of a strong candle, we got a wick up to 87k, but then it fell back to 84.5k into the close of the week.
Had the week closed around the top of the candle, at 87k, I wouldn’t have hesitated to call this breakout. Now I will wait and see what happens this week.
The honeybadger is not quite out of the woods just yet.
👊
Wrong answers only!
(Sound on)
Note: If the video lags there's something wrong with Reddit. Let me know and I'll try to fix it.
GM Hegends!
Another week of keeping steady (which I take as a good sign — no dellers!)
I’m showing the weekly chart today to get a sense of the big picture. After the rally in August, we have now spent the past three weeks consolidating in a tight area between the 40 week EMA to the downside, and resistance around 2.2M to the upside.
After this consolidation, a clear break up above 2.2M could set off a new leg up. And on the contrary, a break down below the 40 week EMA could set off a deeper correction. I’m favoring the upside because of how strong the rest of crypto market looks right now.
Stay tuned for more this week!
💛💛💛
Despite bad news last week, bitcoin held 76k support. We’re still looking for a break above 83k, but last week’s strength was a good sign.
As far as crypto news goes, last week should have been a particularly bad one.
First, on Tuesday the US senate voted down the Clarity Act. Then on Wednesday, the Fed raised rates, and flagged for more raises to come. This double combo of discouraging news should have been bad for both bitcoin and crypto at large.
Only, it wasn’t…
After a small sell-off, bitcoin held support at 76k, and then rallied up to close the week above 81k. It still hasn’t broken through resistance around 83k, which is the level I’ve been talking about for weeks now. But defiance in the face of bad news like this is a clear sign of strength returning to the crypto market, and a clear break above 83k now would be very bullish.
It’s time to pay attention.
👊
GM Hegends!
We’re hanging steady since last Monday, right above the 40 week EMA (pink line in the chart as usual).
Staying above the 40 week EMA is important because the longer we stay above it, the more clear it will be that the trend is changing from down to up (= bullish!)
As Trib has been pointing out in the chat, the US Senate will vote on the Clarity Act tomorrow (Tuesday 15 September). This is not the final vote to pass this new crypto legislation into law, but it’s an important step along the way. The strength we’ve seen across crypto over the past month could be the market telling us to expect a positive outcome of this vote. Either way, we’ll know tomorrow.
💛💛💛
Bitcoin spent another week chopping around below resistance at 83k, with support now forming around 76k.
On the daily timeframe, an important support level is now forming around 76k, right above the 40 week EMA (pink line in the chart as usual). If this level holds, we could get a breakout above 83k sooner, possibly kicking off a new bull market (exciting!!) If it on the other hand doesn’t hold and bitcoin breaks below 76k, we can get a deeper correction before having another go at 83k, which remains the key resistance level.
Perhaps the Clarity Act vote tomorrow (Tuesday 15 September) will be the trigger.
Whichever way it goes, look for a breakout above 83k, or a breakdown below 76k.
👊
BTC/USD daily chart, 14 September 2026. Consolidating above 76k.
BTC/USD weekly chart, 14 September 2026. Possibly forming a bigger range between 60k and 83k.
GM Hegends!
We’ve bounced a little bit since last Monday and as I’m writing this we’re hanging out right below 1.9M market cap.
Honestly I expected the correction from the run up to 2M to be deeper. So far we found support at 1.55M, right below the 40 week moving average (pink line). You Hegends have strong hands, that’s for sure. Chopping around in this area, saving up some energy for a breakout, that would be great. I still wouldn’t rule out a deeper correction though.
But of course it also depends on the rest of the market. If SOL catches fire (in a good way I mean lol, not crashing and burning), that would pull us along.
Either way, I like our chart more than I have in a long time.
💛💛💛
Daily chart for HEGE USD market cap for 7 September 2026: Looking better and better.
Bitcoin spend the past week consolidating right below 80k. Big picture the levels to watch are still 60k to the downside, 83k to the upside.
I take it as a good sign that bitcoin is not selling off after the big pump two weeks ago. Instead it’s hanging out just below resistance at 83k (see the weekly chart). That’s the setup you want for a breakout: first loading up the spring by chopping around right below resistance, then a strong breakout. If that happens, I’m turning bullish. But resistance is resistance until it’s broken, so let’s not rush into things here.
My conclusion from last week remains: let’s watch 83k like hawks and wait.
👊
BTC/USD daily chart, 7 September 2026. Inverse head & shoulders confirmed and target reached.
BTC/USD weekly chart, 7 September 2026. Possibly forming a bigger range between 60k and 83k.
GM Hegends!
Let’s have a look at the weekly chart today to get a big picture view.
On Friday we peaked at 90% up on the week. Then we met resistance around 2.2M, and dropped down to close the week “only” 45% up. This was a good week! As I wrote last Monday, we should expect corrections after a pump like this. Remember that in the last bull market, we had several corrections where we dropped 75% (or more!) before rallying to new highs.
I don’t know how it’s gonna be this time around, but my point is that the chart will never go straight up, even if the bull market has started. Honestly I hope we get a deeper correction because I know we have a bunch of stuff coming in the pipeline and I wouldn’t mind buying cheaper lol.
Keep it up Hegends!
💛💛💛
Daily chart for HEGE USD market cap for 31 August 2026: Looking better and better.
After a week of consolidation bitcoin closed flat at 77.2k, below resistance at 83k.
The levels to watch are now 60k to the downside, and 83k to the upside. Until bitcoin breaks above 83k, there is still the possibility that this turns into a lower high. Another possibility is a correction over the coming weeks that turn into a higher low, to then break out above 83k, forming an inverse head & shoulders bottom on the weekly timeframe. That would turn me bullish.
So let’s keep an eye on that 83k level and wait.
BTC/USD daily chart, 31 August 2026. Inverse head & shoulders confirmed and target reached.
BTC/USD weekly chart, 31 August 2026. Possibly forming a bigger range between 60k and 83k.
Daily chart for HEGE USD market cap for 24 August 2026: Looking better and better.
GM Hegends!
Bitcoin had a monster week, and we pumped even harder --- up 40% since last Monday!
As you might know I use the 40 week EMA to indicate the trend (pink line in the chart). Below the line = downtrend, above the line = uptrend. We’re still below the line, meaning we still have some work to do before this ship has turned around for sure. But things are starting to look better and better.
I think the bottom is in.
Now we’re looking for the next correction to put in a clear higher low. That will be a good sign the trend is shifting. As long as we get higher lows, corrections are not a bad thing --- slow and steady is better than going up too fast and burning out.
💛💛💛
Hey Hegends. Starting today I'm gonna post my weekly bitcoin updates here on the subreddit instead of on my X as I've been doing before. Enjoy!
Finally some action!
Last week I said to set alerts at 67k and 62k and tune out.
If you did that, the 67k alert triggered on Wednesday, as bitcoin broke out and confirmed an inverse head & shoulders bottom on the daily timeframe.
Taking the height of the pattern from the lowest point up to the neckline and extending it upwards gives a price target around 77k. That was reached on Friday already, and bitcoin is now consolidating right above it.
Does this mean the bottom is in?
I don’t know. Last week was definitely a strong week. The strongest one since the top last October. So there is cause for optimism.
I’m not completely convinced yet though. Zooming out to the weekly timeframe, we can see that bitcoin still needs to clear resistance around 83k before it forms a higher high. Until that happens, this could turn into another lower high, possibly followed by a lower low sometime in the next few months.
I think my main concern is that some on-chain metrics have not reset yet. In past bear markets bitcoin has always dipped below the realized price. But in this bear market it hasn’t done so yet (the realized price is at 53k right now). Could this time be different? Of course it could. But I want to see 83k taken out before I get too excited.
That said, this is definitely a sign that the bull is starting to wake up again.
It’s time to start paying attention.
BTC/USD daily chart, 24 August 2026. Inverse head & shoulders confirmed and target reached.
BTC/USD weekly chart, 24 August 2026. Possibly forming a bigger range between 60k and 83k.
GM Hegends!
The long downtrend line has clearly been broken. We also have the first clear higher low since more than a year back, possibly now going on to form a higher high (above the mid-June high).
Meaning our chart is seriously looking better than it has in a long long time.
It’s always difficult to switch your outlook to bullish when you’re so used to the chart just going down and down and down. And you shouldn’t turn bullish too easily. But at some point the trend will turn up again (because of all you diamond-handed motherfucking Hegends), and you don’t want to be too slow to miss that.
There still isn’t a definite sign that the trend has turned. But now is the time to start getting cautiously optimistic.
💛💛💛
Daily chart for HEGE USD market cap for 17 August 2026: Breaking the trendline.
GM Hegends!
I have nothing new to say about our chart since last Monday. As I said then, I do think the bottoming process has started.
In other news, I was thinking about the AI bubble the other day (yes, it’s a bubble!).
31 years ago almost to the day, in August 1995, Netscape made their IPO. That set off the dotcom boom, which after an insane run finally topped in March 2001. The whole thing took 1,675 days.
Okay so what about the current AI boom? What started it? The obvious answer is the release of ChatGPT. Which happened on 30 November 2022.
Now. Let’s assume the AI bubble will last about as long as the dotcom bubble. Because why not. Where does that take us? It takes us one year out from here, to Friday 2 July 2027.
Is that how it’s gonna play out? Probably not. But food for thought!
💛💛💛
GM Hegends!
After a fat buy came in on Friday, we’re up a little since last week.
Have we bottomed? Honestly I don’t know. But I do think the bottoming process has started. We’ve now spent the past 2 weeks trading above that long downtrend line that goes all the way back from the ATH in December 2024. So that’s a 20 month long trend that could be breaking now. That doesn’t mean the bottom is in. But it does mean something is changing.
Maybe all the sellers are finally out?
I don’t know.
But what I do know is that no matter what the market does, I’m stoked about the next few months!
💛💛💛
Daily chart for HEGE USD market cap for 3 August 2026: Breaking the trendline.
GM Hegends!
We’ve pretty much turned into a stablecoin over the past two weeks lol. I’m still looking for a break up above 850k.
Bitcoin will likely close July green, up from the lows at 58k at the start of the month. While BTC is definitely getting cheap by historical standards, my base case is still one more leg down before it truly bottoms. Partly because it has not yet dipped below its realized price, which right now sits at 53k. In past bear markets, bitcoin has always traded below the realized price before bottoming. So until proven otherwise, I’ll assume this time will be no different.
Hope you’re enjoying your summers fam.
💛💛💛
Daily chart for HEGE USD market cap for 27 July 2026: StableHEGE.
GM Hegends!
No change in the chart. We’re still looking for a break above that trendline and above that horizontal resistance around 850k.
As I wrote in the whale chat the other day, I haven’t been very active here lately. That’s because I’ve been working with Nino on something that we’re really excited about. Can’t tell you anything about it yet, sorry. But I just wanted to mention it to keep you guys a little bit in the loop. It’s the biggest thing I’ve worked on so far in HEGE and when it’s ready we’re gonna need all the help we can get from you fam.
Much love
💛💛💛
