The analysis covers a Monday dump in the crypto market, particularly focusing on Bitcoin, Ethereum, Cardano, and Chainlink. For Cardano, a bearish divergence is noted, targeting an entry price of 0.77. Chainlink, despite a recent 12% increase, also exhibits a bearish divergence. Ethereum is currently at 4.2 and the analyst highlights a possible buying opportunity, although a pull back to 3.77 is a possibility. A Bitcoin CME gap has been filled and the spot chart's support is at 111940. The analyst foresees a potential further correction before a bounce. Overall, the analyst leans bearish near term.