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Bitcoin has experienced a red daily candle, failing to break above the 50-period moving average on the daily chart. The price remains within a descending triangle pattern, where a break below its lower boundary (approximately 86000, correlating with the 50 MA on the weekly chart) could lead to a significant decline, potentially reaching the 57000-60000 range or the lower boundary of a broader descending channel at 67000. Options data for the coming week shows strong put interest at 84000 and calls at 100000, suggesting a potential trading range between these levels, with 95000 acting as a key resistance. Bitcoin also displays a bearish flag pattern on the 30-minute chart, implying further downside if breached. Ethereum exhibits a symmetrical triangle or ascending channel, currently resting on its lower trendline. A bearish breakdown from this pattern, potentially preceded by a head and shoulders formation, could see prices targeting 2950. The USDT dominance chart shows a descending channel, indicating potential for upward movement, which would generally be bearish for cryptocurrencies. The analysis suggests a prevailing bearish sentiment across the market if key support levels are compromised.