The video presents a technical analysis of Bitcoin and Ethereum. For Bitcoin, a rising wedge pattern is identified, typically a bearish signal. It notes resistance around the 117000 level and support at 74500. The presenter suggests a potential target of 75000 if the pattern breaks down and indicates a bearish divergence based on higher highs in price and lower lows on the RSI. For Ethereum, the analysis points out an ascending broadening wedge, also considered bearish. It highlights potential support around 3200. The presenter considers that the price could rebound and seek new all-time highs, although, the bearish pattern still points to downward momentum.