The video provides a technical analysis of Bitcoin and Ethereum. The analysis indicates that Bitcoin long-term holders have sold some holdings, while short-term holders have increased their positions. There is a noted long dominance of Bitcoin. The video suggests that Bitcoin's exchange balances aren't greatly decreased. The discussion covers potential support and resistance levels, with targets near $116,600 and $4690 for Bitcoin and Ethereum respectively. A future test is suggested to be 2000 for Ethereum. The analysis mentions an upcoming crypto ETF that is said to be coming to life on September 11, and reviews the chart patterns of both assets. Long term uptrend of bitcoin will reach 126600 if it cross $120600.