The Trust Layer for Market Analysts

The analyst discusses the possibility of a Bitcoin bear trap, highlighting a support line that Bitcoin has been bouncing from. The current price of Bitcoin is approximately $110,824.95, with a potential target of $150,000, however, he warns a resistance in the short term. A warning is issued for the short term, noting a rejection at a specific level. He is also still open for the scenario of Bitcoin dropping to $103,000 level. He also highlights Ethereum's potential move, and provides his position, building up to $30k in position size, open to add a little more limit orders at $3.6k, or $3.45k levels. He also mentions that Bitcoin may lead before altcoins take over, and Ethereum will catch spotlights. Also, states that we are now in somewhat of a transitioning phase into the most bullish quarter of the year. Also highlights 5.3k and 6.4k Ethereum bullish target levels. For Ethereum versus Bitcoin, states that It is heavily oversold.