The analyst discusses Bitcoin's weekly chart, noting that it's testing an important support level: the 100-week moving average around $85535. A break below this level could lead to a significant further decline. The Bitcoin Longs on Bitfinex are still increasing aggressively, contrary to the overall market movement. There's also mention of an upcoming FOMC meeting that may be crucial in determining the direction for the crypto markets. The analysis then touches on the Coinbase Premium Index and suggests mixed signals, making it difficult to make concrete predictions. Yen Carry Trade crash is addressed and the analyst suggests it does not look like it will happen again. Switching to Ethereum, the analyst is still holding ETH trade but will close it if BTC breaks the 100 weekly moving average. Mentions that the Fusaka hard fork upgrade for ETH is coming soon and we may see another bullish catalyst for ETH. Also the analyst mentioned the Alts versus BTC ratio and it needs more liquidity in order to see altcoin season. Finally is discussed what to expect in the market and is that the FED will continue cutting rates, a positive thing for the market. All are technical insights based on trend lines and moving averages.