The video analyzes BTCUSDT, noting a breakdown from a double top formation with a current price of $109,966. A daily close below this level is seen as confirmation of a bearish trend, targeting a potential retest of the $107,000 bull and bear market support band. The video also analyzes ETHUSDT, observing it is holding strongly above a bullish pennant formation, suggesting continued outperformance against Bitcoin. The price for ETH is 4358 and target is 6000 and it will fail if the price gets to 3700. Finally the analysis shows that ETHBTC will face some rejection but finally the price will continue going to the upside. The altcoin market, excluding ETH, is currently valued at 1.01 trillion and is at bear market lows.