This video provides a technical analysis of Bitcoin and Ethereum. The recent price action of BTCUSD on the daily chart shows crazy price action, particularly a large reversal candle. Previously the trading range was between 116,000 and 120,000. Recent price drop was a release of Producer Price Index. Given Bitcoin's high sensitivity to inflation data, the analysis suggests careful consideration is needed as Jerome Powell is expected to speak on monetary policy. There's a mention of where bitcoin is in a 4 year cycle. Analysis of Bitcoin monthly returns and states that August is looking weak. Ethereum is faring better, showing 17% gains at the time of recording.Alt 5 sigma is buying 1.5 Billion of trump backed financial tokens and it talks a little about the trend.