The analysis discusses several factors impacting the crypto and stock markets. It highlights MicroStrategy's situation and potential influence, mentioning that Bitcoin's increasing price could nullify its negative impact, plus the analysis mentions Tom Lee's perspective on market makers potentially forcing liquidations. A concern about the dumping of crypto by Arthur Hayes and discusses Peter Thiel's Founders Fund cutting its Bitmine stake are considered. The analysis also points to a $40 billion investment in AI infrastructure in Texas by Google. The analyst prefers Meta, but thinks Google also will perform well over the next 12 months. It suggests to monitor Microstrategy, Nvidia earnings, and the overall S&P 500 performance, the goal is to correlate with SPX500. The analyst notes Bitcoin moves with the S&P 500, so S&P performance is key. Mentions rising Q3 revenues across the board. The analyst indicates they are expecting S&P500 higher and is still bullish, so Bitcoin also will continue this trend. Ethereum and BTC have falling wedges that it needs to sustain.