The analyst provides a market pulse update. He notes that the current market is showing signs of greed, though it's too early to declare it actionable. Charts for BTC and ETH indicate they have been rallying with ETH outperforming BTC. Analyst expects total altcoin market cap to trade lower in the near term. Analyst highlights and criticizes what he views is low performance from a segment of memecoins and highlights their poor weekly downtrend chart. In addition, while HYPEETH had been a promising market its returns are also trending downwards. He states that institutions are only purchasing BTC and ETH, they are not investing heavily in other markets.