Total Quality
Score
0.02558
0.0220000000
0.03512
ETHBTC
1H
The analysis focuses on Bitcoin and Ethereum, setting target prices and assessing potential risks. For Bitcoin, a crucial level to watch on the RSI is identified, and breaking above the Power Law trend line is seen as a bullish signal. A major warning is issued: failure to break above the Power Law could lead to a fall to $100,000. The analyst conservatively targets $135,991. Ethereum's breakout of a range is highlighted, setting a target of $3,960 based on Fibonacci extensions. The ETH/BTC chart is analyzed with a positive outlook, pointing to a rotation into Ethereum, with the analyst observing that positive netflows have started. A bearish trendline has broken on the monthly scale which serves as a bullish trend shift.
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