The analysis begins with Bitcoin at $116,000, noting a correction from $116,600 down to $114,600. The speaker mentions a lost support level. He notes an increase in long positions in the futures market, and a loss of $10 billion in open interest. He also states a new $2.474 billion investment by Michael Saylor. For ETH, the analyst infers that it will outperform BTC, and the reason is strong ETF flows. Also is mentioned a $113600 area acts as long liquidation zone. The analyst is long at $115700. He is long, as the long term trend looks very bullish. There's low probability of a rate cut.