The presenter discusses the current state of Bitcoin and Ethereum, based on on-chain data and technical analysis. For Bitcoin, the supply on exchanges is increasing while demand weakens, leading to a drop in price to $113,487.12. He also notes that both short-term and long-term holders are selling BTC. He sets resistance at 113.6k. Further, the analysis suggests that with a few actions in US politics it may be hard for the BTC rise and more dump might happen. For Ethereum, in contrast to bitcoin, the price and short trend is bullish, while inflow increases on the exchanges, putting pressure on price. Pullback set in place at 4,585 dollars. He suggests accumulating altcoins to make an Altcoin season happen.