The analysis begins by discussing Bitcoin, noting a morning sell-off bringing the price down to key levels around $109614. The narrator suggests watching these levels closely and explores the potential for a next leg down, but states the Bitcoin is sitting in the key spots right now and is currently a bearish market. For ETH, the presenter says that ETH is fighting back on this day, then proceeds to state where he expects to see support resistance. From 2.8 to 1.8 which signals significant profit taking.