The analysis begins with a review of market news including the SEC approving Grayscale Digital Large Cap Fund (covering BTC, ETH, XRP, SOL, ADA) and generic listing standards for ETFs. TOTAL2, the altcoin market cap, shows a potential breakout underway. ETHUSD consolidates in a symmetrical triangle, awaiting a breakout above 4700 or a fall to 4300 with observable support. Ethereum faces short and long-term targets. The market currently awaits new lows to establish a bottom line. The analyst identifies some altcoins, such as ADA, DOGE and LTC. Cardano is analyzed with a target of $1.05 and notes significant bullish momentum, however cautioning against assuming up only momentum.