The video analyzes ETHUSDT using technical indicators. The analyst expects a short-term move up to $3800, based on hitting a support level, but anticipates a reversal from that resistance, back down. A break above the $3800 will invalidate the analysis. The analyst also refers to the strong support from fundamentals and the general strength of the stock market and BTC. BTCUSD fundamentals are also good and it is trading relatively strongly. A similar pattern is expected for BTC.