The presenter reviews a Bitwise report, indicating a brewing Bitcoin supply shock due to accelerated buying by BlackRock's Bitcoin ETFs, with holdings now exceeding 1.1 million coins. This occurs amid collapsing Bitcoin treasury companies. Smaller Bitcoin holders are returning to the market, buying approximately 65,000 coins weekly. Institutions are re-entering in anticipation of rate cuts set on Wednesday, increasing the risk appetite. Rate cuts from the FED usually lead to investors seeking riskier assets. Bitwise data suggests institutions are re-entering. With potential rate cuts, traders are gearing up for volatility. Bitcoin bulls have a clear resistance level at $117,000. The presenter also mentions the Bank of Thailand freezing over 3 million accounts as governments attempt to control digital currency, while bitcoin cant be seized in the same way.