The analysis covers Bitcoin, equities, volatility (VIX), and the dollar strength index (DXY). For Bitcoin (BTCUSDT), the current price is around 108953.91. Support is noted at 107000, with a potential move to 112000, contingent on positive news, before potentially reaching the next resistance level at 113500.00. The speaker expects stability but is not convinced of a rally. Regarding S&P 500 (SPX), despite a recent pullback, equities are still in an uptrend, although short-term price action isn't strong. The VIX remains elevated, and the DXY is at resistance. Overall, Bitcoin held up relatively well against weaker fundamentals in broader markets, forming a local bottom at a high timeframe support level. There is potential price stability at the current level (108953.91), but it is less likely it will rally without positive news. A conservative target is indicated at 112000.