Total Quality
Score
2621.42
2600.0000000000
3000
ETHUSDT
1H
The video analyzes Bitcoin and Ethereum using technical analysis. Bitcoin has broken down from an upward trending channel, indicating a potential correction. A bearish divergence is observed on the 4-hour timeframe. The worst-case scenario for Bitcoin is a drop to $92,000, although support may be found earlier around $98,900. The analyst mentions taking profits on leveraged positions but is not shorting Bitcoin. Ethereum is holding up well, showing relative strength compared to Bitcoin, and is expected to skyrocket. The analyst expresses confidence in his Ethereum long position. He suggests that Ethereum is about to skyrocket. The music lyric video is mentioned at the end of this analysis.
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