The video analyzes BTCUSD. The video notes that BTCUSD broke a symmetrical triangle on the four hourly with price target reached. A pullback to higher time frames and weekly analysis indicates BTCUSD is near a support zone. While a bounce off the EMA ribbon on the weekly is positive, the speaker will become more bullish upon breaking $110,000 USD and seeing a retest of that level. The analysis suggests a $126,000 USD target if BTC breaks $110,000 USD, but a failure to hold around $68,000 USD would invalidate the analysis.