The analysis suggests a bearish short-to-medium term outlook for Bitcoin and Ethereum, while maintaining a bullish long-term perspective. For Bitcoin (BTCUSDT), despite Bitfinex longs reaching a cycle high and smart money buying during a recent breakdown, the daily chart shows a confirmed bear flag pattern, indicating potential further decline. A significant support zone is identified between 70,000 and 74,000, where a long position would be considered. The current price is approximately 88,000, with an inferred target of 72,000 and a failure bound at 95,000. Rejection at the yearly open level of 94,000 reinforces the bearish sentiment. For Ethereum (ETHUSDT), currently around 2,940, the price action is expected to track Bitcoin. The weekly chart displays a bearish crossover, with the 50-weekly moving average falling below the 100-weekly moving average, and a sustained failure to close above the 50-WMA, signaling weakness. An inferred target for Ethereum is set at 2,600, with a failure bound at 3,400. Macroeconomic data, including US Non-Farm Payrolls, Unemployment Rate, and CPI figures, are highlighted as catalysts for market volatility. The anticipated Bank of Japan rate hike is noted for its historical correlation with Bitcoin price declines, suggesting another potential dump. Michael Saylor's continued Bitcoin acquisitions are mentioned, but the asset's persistent dumping despite these buys is interpreted as a sign of underlying market weakness.