The video analyzes altcoins, focusing on potential gains after Ethereum's recent surge. According to a Coinbase report, altcoin season might be approaching with Ethereum L2 solutions showing promise. After reviewing a Coinbase report that at least 75% of the top 50 altcoins by market cap outperform Bitcoin, it then focuses on some ETH betas, with Arbitrum having already pumped to 0.57 USD from 0.42-0.43 USD (34% increase), LDO gained 58% MTD, and the two potential runner-ups being OP and ENA. For OP, the price needs to use the 20 and 50 day exponential moving averages as support, with targets near $1.50, though it is also in hidden bullish divergence on the daily chart. For ENA, bearish divergence is a strong theme and the analyst does not believe it can currently be considered a hot token, as it still needs to have its day.