Market Analysis - Bitcoin's recent pullback with low volume suggests it's a healthy correction, not the start of a bear market [1] - A breakout above the descending trendline on the daily chart could attract more buyers and test previous highs [1] - Liquidity (stop-loss orders) above the recent high acts as an attractive target for price movement [1] - The analyst is primarily bullish on Bitcoin, advocating for a "die-hard bull" strategy in an uptrend [1] - Ethereum has completed a small-scale AMD (Accumulation, Manipulation, Distribution) pattern, indicating a potential move towards 2990 [2] Technical Indicators - On the hourly chart, breaking below previous lows and then recovering suggests a potential rally [1] - Volume is increasing with price, and open interest is steadily rising, indicating a healthy uptrend [1] - The analyst is cautious about shorting Bitcoin, especially while liquidity above remains untapped [1] Trading Strategy - Consider taking partial profits at the AMD target level for existing long positions [1] - The analyst prefers to enter long positions after a false breakdown of previous lows, rather than chasing breakouts [1] - The analyst will turn bearish if there's a clear fake breakout with high volume and a sharp decline [2] Exchange Platform - Bybit is the preferred exchange for technical analysis, and Binance offers a 40% fee discount [2]

Bitcoin Analysis - The analysis suggests a potential pullback to fill gaps from rapid gains and test previous upper shadows, viewing any subsequent dip as a B-wave correction after an A-wave rise, seeking support for further upward movement [1] - The report highlights the importance of observing price action near the previous all-time high after breaking parallel highs, cautioning against potential false breakouts if the upward movement is too rapid [1] - The analysis identifies a 4-hour chart gap that remains valid, noting previous resistance around the 0618%-066% retracement level of a prior all-time high fakeout [1] - The report points out a small-scale bearish divergence, with increasing long positions failing to drive prices higher, suggesting a possible A-wave correction and a need to fill lower gaps [1] Ethereum Analysis - Ethereum's chart pattern shows a breakout from a downtrend line followed by consolidation, currently in a daily chart consolidation range, potentially forming a fake breakout pattern [1] - The recommendation is to take profits on 50% or more of long positions due to the ongoing consolidation, with a plan to re-enter if the price drops lower to clear out long stop-losses [2] - The analysis indicates that an AMD (accumulation, manipulation, distribution) pattern has completed, advising against chasing further gains at the current level [2] Trump Coin Analysis - Trump coin is showing a lack of trading volume, suggesting a potential further decline to fully fill the gap, with a recommendation to monitor for increased volume and a breakout of a downtrend line before considering a trade [2]