ETH is great to trade but has no real use case similar to BTC (in my opinion) not shitting on ETH, just wondering where would the buyers come from? So, it has fallen alongside BTC but it is overall in a very High Time Frame range. So, it can keep falling, but it has left multiple untapped structure levels (first image, daily chart) so a squeeze is possible, and likely, I believe. The correlation with bitcoin should end at some point, will be checking charts later and posting what I figure then. For now, range bound, bottom forming, and no real bias (second image, hourly chart).

Been way way off on my analysis this week, which is fine, we're still positive in terms of profit, so being right isn't what counts - being consistent is. That said, BTC has fallen faster and harder than I could have thought, we're back in the hardly tested area of the 80s, only priced during Feb-April of this year, meaning the market won't really know what to do with these levels. So, 2 paths I see, next week sees consolidation (orange path) or we form a structure level today that can be broken next week for a rally higher. I'd lean towards consolidation, the 80k area hasn't had much historical bidding so the market will be uncertain, choppy, and bottoms take time to form.

ETH and BTC have been correlating a lot recently, and I expect that to break soon; it is looking a low weaker on the chart, and I can certainly see it continuing lower from here - however, if it remains tied to bitcoin, I think we'll see a range forms from 2800 to 3600. No real bias from a trade perspective but I'll take any setups that present.

Two paths I see ahead for BTC, first is simple, we continue the stair step lower (first image, daily chart, purple path) before capitulation towards the mid/low 80's, or we start ranging/basing here for a relief rally next week (orange path). Low time frame (second image) shows that we are likely entering a high probability range so I'm leaning towards a rally, momentum to the downside is slowing so we could definitely see a push if it refuses to go lower.

Has lost a previous range and failed the reclaim, currently in freefall. I am debating the short on screen, though haven't entered yet. My VWAP system won't produce a good entry until we drop to 2700 area, so I'm currently sidelined unless I get a low time frame trigger for the trade here. I still believe the likely direction is down here though.