This is a technical analysis of Bitcoin and Ethereum. The analysis identifies a yellow support line for Bitcoin dating back to 2017, now acting as a support after previously being resistance. The key level is $110,000; a break below this level would turn the outlook bearish. The analysis uses a power law chart, noting that it indicates a resistance at $124,000. The support level is $110,000. Ethereum's monthly chart RSI showing has resistance zone from its one-month chart RSI. It also compares Bitcoin's performance to Ethereums, with the latter outperforming by a factor of three since April. The short term, the chart shows a triangle formation, with the high being $123,000, and it shows that the price has reentered a triangle formation after a double bottom.