This is a cryptocurrency market analysis covering Bitcoin, Ethereum, Chainlink, and XRP. Starting with Bitcoin, the analyst identifies key support between 110,000 and 112,000, and a major resistance level at 117,000. He anticipates Bitcoin to test the candle wick low and stabilize, foreseeing short-term weakness. For Ethereum, a major resistance is around 4,800 to 4,900 and is still struggling. The analyst warns to wait for a break out confirmation. Chainlink, has confirmed a bearish divergence, but also if the Bitcoin dominance continues to be bearish that means it can be benefitial for the altcoin market. XRP has a bearish divergence on the weekly chart, expects possible consolidation over the next few days. This suggests potential sideways movement, acknowledging the already confirmed bearish divergence in the larger time frame.