The analyst discusses Bitcoin, noting a resistance level around 105,000 to 105,500 and the potential for a short trade after an upward move. Support is at 85,000. The analyst states they expect a small correction before prices continue higher, expecting a retracement to 97000. For ETH, the target price is 2110 with the failure bound 2465 and a similar trading setup involving key levels and imbalances is being observed around 2210. In addition the analyst considers the two potential Elliott Wave scenarios for Bitcoin, including a bearish regular flat and a more bullish five wave structure, observing also PENGU for a potential long entry at 0.01311, they are expecting two different levels from now.