ETHUSDT Analysis by @cryptocurrentlyYT

The analysis posits an imminent upward move for Bitcoin, targeting a price range of $130,000 to $140,000, contingent upon sustaining levels above $109,000. Key indicators, such as the short-term holder cost basis model and the Fear and Greed Index, are evaluated to suggest a growing market excitement that is not yet at extreme levels. Seasonality trends are noted, pointing to a potentially bullish August. Profit-taking is recommended in the expensive region, with increased aggressiveness above a 150% extension from the 200-week moving average. A weekly close below $109,000 would invalidate the bullish outlook. Ethereum's chart is assessed positively with target to range high at $4000 while a drop below range low at $3100 would invalidate it, boosted by significant ETF inflows, while Solana faces range high rejection at $202, requiring a weekly close above this level to target the all time high price at $300, $122 would invalidate it. A rising trend in transactions and the second-highest TVL market dominance are cited. On a rolling 1-year basis, Solana and Ethereum are positive, with the analyst favoring Solana as a hedge.