The video provides a technical analysis of Ethereum (ETH) and Bitcoin (BTC). The analyst points out that Ethereum has reached a new all-time high and expects ETH to reach $8000 within the next 6 months, but warns of a short-term correction, potentially down to $3902. He notes a bearish divergence in the short term and suggests caution regarding positions. He is buying Ethereum even if dips happen, adding to positions on Weex, and maintaining a satisfied portfolio. The analysis also covers the Bitcoin dominance chart indicating that it is capitulating on the monthly timeframe, showing that altcoin season is coming. Bitcoin is expected to fill a CME gap at $117235 next week before ETH has a correction.