The analyst discusses Grayscale registering Cardano and Hedera Trust ETFs, focusing on HBARUSDT and ADAUSDT pairs. He notes HBARUSDT is ranging on a daily chart with potential for all-time highs, targeting $0.41. ADAUSDT is also ranging, but with a 13% move to $1.00 within the major consolidation area. Breaking above $1.00, the target price is $1.75 to $2.00 range based on the weekly USD chart. There will be updates to the risk models and customizable alerts as the process unfold.