The video discusses Bitcoin's price action within a symmetrical pattern, identifying resistance around 120,000 and a support level at 111,900. Price has repeatedly attempted to breach the resistance and failing to sustain the increase. The speaker notes the breakdown of support but identifies the levels as 111,900 as major level. On smaller trend following analysis and given multiple touches the speaker draws a green ascending trend line in the chart. The speaker predicts a potential upward move if the trend line is respected. The presenter discusses Ethereum, highlighting its position above the 4000 mark with a support at 4000. A potential upward movement towards 4116 is predicted, while respecting a support. Overall major liquidations were highlighted at 115,500.