The analysis evaluates Bitcoin dominance and Ethereum's potential breakout. Bitcoin dominance is currently bearish and analyzed through moving averages on a daily timeframe, with an inferred target of 54.60. The invalidation level is 65. Ethereum is trading around 4212. A push above the resistance around 7011 would be extremely bullish, but a support around 3700 at the 20 and 50 day moving averages must be tested. A failure on this test could trigger a bearish all season. If it broke upwards would invalidate the whole analysis. The analysis suggests keeping emotions in check and monitor the risks, while waiting for further consolidation.