Market Analysis & Predictions - The analysis suggests a potential "trap" at the parallel highs, indicating a possible short-term downward movement before a potential upward surge [1] - The analyst anticipates a possible B-wave pullback in Bitcoin's price, but remains confident in reaching higher levels [1] - The analyst estimates a 75%-80% probability of Bitcoin revisiting its all-time high [1] - Ethereum shows signs of a potential breakout, but a failure to sustain upward momentum could lead to further consolidation [1] - The analyst identifies the 2900 level as a critical resistance for Ethereum, with a successful breakthrough potentially leading to new all-time highs [1][2] Technical Indicators & Observations - A "morning star" candlestick pattern on Bitcoin's daily chart suggests a potential bottom, but the analyst expresses caution due to the context and lower trading volume [1] - The analyst points out a gap in the 4-hour chart of Bitcoin, suggesting a possible retest of lower levels [1] - The analyst notes a decrease in open interest during Bitcoin's consolidation phase, coupled with bearish divergence, indicating potential downward pressure [1] - Ethereum's recent price action shows a "cross star", with substantial trading volume, which could signal potential exhaustion of the uptrend if the price retraces [1] Exchange Recommendation - Bybit is recommended as the most suitable exchange for technical analysis, while Binance is preferred for spot trading due to its 40% fee reduction [2]