The long waiting game for DOT/USD seems to be still intact. In my count, I consider the current correction, primary 2 for a long long cycle. Of course, having a cycle with primary pink 3 at $1089 can be a dream (for some) and just a matter of time (for others).
The current idea will be invalidated either if the price falls below $10.26 or the market will start a long consolidation without breaking the top $54 with a convincing strong increase volume.