The analysis focuses on Bitcoin and Ethereum, emphasizing technical chart patterns, levels of resistance, and support. Bitcoin faces resistance around $124,000, derived from long-term charts, and consolidation is seen above the trending support . A drop below $110,000 would invalidate the bullish outlook. Ethereum exhibits strong outperformance compared to Bitcoin, targeting $4000. It shows short-term correction, but overall momentum indicator shift and double bottom formation suggests bullish potential. The broader altcoin market is mentioned as a context for Ethereum analysis. The analysis suggests that a move upwards is likely on Bitcoin in the next move and for Ethereum.