The analysis identifies a rising wedge pattern forming on the Bitcoin daily chart, which the analyst interprets as a bearish signal. The current Bitcoin price is around 116265. The analyst anticipates a price decrease to approximately 74932, a potential failure of the pattern could be if the price reaches 125322. For Ethereum, the analyst notes a bullish pattern and expects a price increase targeting approximately 4799, the trend would be invalidated if ETH fell below 4197. Mentions of resistance and support levels are made. Mentions of Elliott Wave count are given.