The analyst reviews the S&P 500 E-mini Futures, noting a 4% drop over two days, resetting to early July levels, attributing this to tariff news rather than unemployment data. He then analyzes Bitcoin matching S&P 500's performance, emphasizing a 5% drop placing it below a 2017 support line, but remains macro bullish. He discusses possible unemployment concerns due to the 4-year halving cycle, expecting unemployment spikes in 2026. Mentions the Bitunex exchange, noting a 15% trading fee discount with the referral link and up to 8000 USDT in rewards. The technical analysis addresses that if dropping below 110,000 USD is likely is a sign of a bear market and the analyst specifies that 124,000 USDT for Bitcoin is a major resistance point, also mentioning Ethereum, highlighting potential major triggers of momentum shift.