The analysis focuses on Bitcoin and Ethereum, examining on-chain data and technical charts to gauge market direction. Current price is around $116,893 for Bitcoin. The analyst indicates long-term holders selling to short-term holders.The volume is weak, approximately $35 billion. There's a higher open interest and increased risk for long positions. Bitcoin has resistances above at 117870 and 119387. A target for Bitcoin is 120000 with invalidation below 113513.74. Ethereum is valued at $4493, with resistance at 4878 and support expected to form from resistance. A sell the news event would be a 112000 selloff. Ethereum's target is 4797 and will be invalidated if the price drops below 4393.91. The crypto market is analyzed from a neutral perspective.