Haej,
IN the case of bcash. WOuld you consider it to be in limbo becuase of buyers that bought the top are now sellers looking for some sort of relief awaiting sells to get filled at important areas of resistance? If so can this effect the wave count. I believe many fomo buyers are waiting to sell off and we may not see those highs???
You're trying to extrapolate cause and effect at level of fundamentals.
They matter none.
Only the price action which is upstream of the news/events/people actions.