ETHUSDT Analysis by @CryptoGooss

The analysis suggests that Bitcoin is approaching a bottom, with a bullish divergence forming on the 4-hour chart. Funding rates are declining, indicating that many traders are shorting Bitcoin, which sets up for a potential short squeeze. A head and shoulders pattern has formed with price currently at the right shoulder, suggesting an upward move towards the all-time high resistance neckline. After breaking through that resistance a new bullish movement is expected. The analyst is targeting 124000 and below 96000 would invalidade it. Ethereum is also discussed which is still trading within a range. A similar pattern to 2024 is developing. A move to 3000 is expecte with a fail bound being below 2400