Hello and welcome, everyone. It's Martin here with CryptoGains. We're beginning our discussion with the supply crisis that is forming in Ethereum based on comments from notable analysts and, of course, based on on-chain data from Glassnode. Of course, as we know from economics, for market forces to be equalised when we have a supply crisis, for demand to be equalised without supply, we need to see higher prices. And this is one of the key reasons behind the current rally in Ethereum.

Next, another exciting development is that Cardano prepares for Plutus-powered smart contracts. This is a very substantial upgrade to the Cardano network, which is one of the reasons why Cardono is increasing. And, when we move to the technical analysis on the charts, we're going to see how we can trade Cardano based on these developments.

In addition to that, ChainSafe unveils that they're launching Polkadot Index Network, and six projects have already committed to this PINT token, which, of course, is also very good news for Polkadot.

And finally, we have Chainlink, which has reached new all-time highs and is also going to be one of the cryptocurrencies that we're focusing on today with trading ideas and insights.

But let's begin with Bitcoin versus Tether. On the one-hour chart, we can see that the pivot point is $62,700. Above that level, you can initiate long positions, with the initial target at $63,400 and then at $64,600. Conversely, if we fall below the level of $62,700, we could see declines all the way down to $61,800 and $61,400.

Next, we're moving to Ethereum and seeing how that supply crisis is affecting prices. Looking at the Ethereum chart, we have stable support around $2445. Above that level, opportunities to buy, with a target near the new all-time high around $2478, and then subsequently to $2520. Conversely, if we fail and break below the support level of $2445, we could see declines all the way down to $2405.

And now, let's move to Cardano. To me, the critical pivot point for Cardano is $1.46. Above that level, I'm seeing opportunities to buy. The initial target is $1.50, and then $1.56. Let me just put that mark for you so that it's clear on the chart. As well that, the initial target is $1.50. Conversely, below $1.46, it's likely that the downside will prevail, taking us near the recent support level around $1.413 if you're initiating short positions.

Now, let's move to Polkadot and see how that announcement of the new index is affecting its price. The pivotal level for Polkadot is $42, and above that level, we have an opportunity to initiate long positions, with the initial target at $44 and then subsequently at $46. Conversely, if we break below $42, we can see that there is a very good support area around $40, so this is going to be our first target on the short side. But if we break below $40, we could see further declines to the next support, which is around $37.80.

And finally, let's briefly discuss Chainlink. As we can see from the chart, Chainlink is correcting some of the recent gains, and currently, it's trading below $42, which, as you can see, is a critical level. Below that level, I'm looking for short positions, so I'll be selling it with targets at $41 and $39.80 in case we break below $41. However, conversely, above $42, I'm seeing an opportunity to buy Chainlink with targets at $43 and then $44, which is going to provide some very good trading opportunities.

Thanks for joining me today. As always, keep learning with the video education section in the CryptoGains marketing site subsection and remember to join the Crypto Signals Made Easy channel for lots of insightful articles, trading ideas and insights. Thanks for joining me today. Trade wisely, and I will see you soon. Bye-bye.