The analysis focuses on BTCUSDT, noting its stability over the weekend with slightly higher volume compared to the previous weekend. It anticipates a potential short-term dip to $114,500 or even $113,000, however, the analyst believes the price is very likely to rally to $119,000-120,000, potentially reaching $130,000. Open interest is decreasing, suggesting leverage is leaving the market, but spot buying indicates underlying strength. A coinbase bitcoin premium supports this. If the trend is followed, SPX500 should reach a target of $6700.