There are two predictions for the upcoming market trends. The first is a relatively optimistic scenario: if Bitcoin can stabilize and even break above 120,000, it may continue to rise to 130,000 and even challenge 150,000 USD. Ethereum may also break 4,800 and push towards 5,000. However, this kind of trend requires strong market sentiment support, which currently seems quite difficult.
The second scenario, which is more likely, suggests that the recent peak of 123,000 for Bitcoin may be a short-term high, followed by a pullback. If it doesn't drop below 100,000, it may find a bottom in the range of 102,000-107,000 before rising above 130,000. However, if it drops below 100,000, it could fall sharply to 90,000-95,000, followed by a rebound that forms a double top structure, leading to a deeper correction.
If Ethereum follows the first scenario, it may first retract to 4,200-4,400 before starting the next wave of increase.
Currently, Ethereum is at a bargain price.


