Bitcoin $100K! Resume ETH Bull RUN?!

boys welcome back to Off The Drop my name is Ron Martin here and today things are looking really really good a lot of greens on the market BTC hit as high as a hundred and four K and big really really big and ETH coming back above two thousand well above two thousand yes sir so the big question is what are we looking out for in terms of key levels right so we've come back to 100k are we gonna see BTC go even absolutely more insane and find new all-time high and more importantly for ETH can we see ETH at least get back to four thousand dollars then we can consider a potential all-time high for ETH let's also discuss that so guys welcome been a long time since we streamed yep we back at it today this is a very big news to cover in terms of on the price action side okay so for BTC in case you guys haven't checked out our crypto trading guide for beginners series we have published part one this one discussing key levels in fact we also touched upon the current key levels for Bitcoin and ETH so a bit of updated need to do here in terms of the price action itself but if you are beginning if you're a beginner in trading and you really want to learn you can watch this one and just this is a foundational skill to have identifying key levels okay so for BTC now we are well at 102k so if we all right it does this mean this white range is still in play all right let's take a look so what I want to see is this week so we'll look at the weekly time frame for BTC all right so we're in this candle right now preferably I want to see this week the body okay closing above our range high the range high being at $95,000 if we have a solid body closing above range high then yes things are looking even better for a continuation of a potential all-time high but as of now we're still seeing resistance from 104k now why 104k because long time ago back in December all the way to February this was our range right let me draw it out here this candle on December 5 2024 was a significant imbalance which actually served as the entire key level from December to February right so now let's see how we're looking right here so not even close to touching 104k but looks like it could get there if we have this next week closing green okay and it's important to see this level 104k specifically 104.698 to be flipped then a continuation upwards okay all right now what do I think about the mid-range being retested so that still can happen right because if you zoom out on the high time frame zoom all the way out here it's actually looking really good right so any sudden move to the downside the mid-range would be a very strong low to be protected okay now in terms of ETH ETH ETH looking even better so ETH has come back to our mid-range let me move the yellow one first the yellow one is our old range our current range is the white range okay so it's come back to 2155 same thing as always weekly body close above can potentially hold that area but looks like it's just a small tap inside that area but once it's confirmed close above then we hold 2155 level then this entire area would be a deviation then 3500 4000 is a magnet that area will be retested okay so the probability of us seeing four thousand dollars is actually much higher now than seeing eight hundred seventy seven dollars awesome yes that is if we see uh confirmation reclaim of mid-range preferably in the next few weeks it'll take time to develop be very patient um and also another thing to note is the ETH BTC chart ETH BTC chart on the ETH BTC chart is uh not looking as strong as the ETH USDT so a very strong sign of people sorry a very strong sign of ETH pumping even harder is when people will be selling Bitcoin for ETH so as of now uh this level right here is a big candle but obviously look at the previous sell-offs that happened since January 27th right so this area needs to be reclaimed for an actual alt season for ETH to go higher nice this is a great chart yes sir and BTC dominance how are we looking on the dominance so we're at 64.31 percent we're getting closer to 65.78 percent i think once it touched there it'll look to reject and this is where you'll see our alt season and also keep in mind for the others right so in case we don't have a reclaim of the mid-range for ETH at 2100 and it might fall back down uh this would be in line with the others dominance so we still haven't seen this area getting retested so if ETH dumps then alt will want to have one final dump in here then resume bull run okay all right all in all things are looking great things are looking good resume bull run what do you think the new all-time high is going to be for bitcoin base case 150 150 right bull case maybe this cycle 250 200 something damn like peak okay maybe maybe i mean some people what did CZ say oh oh oh yeah CZ say right so i'm very uh pessimistic comparing to CZ he said a million a million dollars but that would be like the next next cycle i think i think so yeah i will definitely get there i'm sure in the next 10 years within the next 10 years so yeah all right but good news to everyone who have been holding yep so you guys have been rewarded yes sir keeping those diamond hands strong send all the meme coins to a billion um yeah meme coins uh things are looking good in the trenches too okay dev to worry says uh eh i told you not to do that my bro okay that's why he says i lost my college fee in one trade please help me please you'll let us know how we can help you man yeah dude i mean we've already warned you time and time again not to do cross margin leverage okay because that is mathematically dangerous but i hope you get back there okay let this be a lesson learned because i've done this too i've done this many many times before two years ago yeah right i think i think it happens to everyone we all have lost our money several times yeah we have to make it all back and you have to learn through it yeah all right uh uh uh uh uh uh uh uh uh uh uh