The analysis begins with a bearish outlook, anticipating BTCUSDT to decline to $105,000-$104,000, possibly even $101,000, before the FOMC meeting. The content predicts sideways movement and bearish sentiment before the meeting. It is expected negative news in the next couple of weeks. The presenter assumes the cycle will continue until early or mid-2026 and there is conviction that the current cycle has not ended yet. Mentioned, many indicators will show its time to buy and has not flashed yet. There are $20B in shorts and longs are decimated. Expects the trend to continue into 2026.