The analysis focuses on Bitcoin using a daily chart. It suggests Bitcoin has had a quiet long weekend with not much movement, and anticipates the trading week will start tomorrow. The speaker suggests that Bitcoin could still be in a larger correction phase. The analyst labels this potential correction as Wave 2, following a Wave 1 high. This is considered the 'blue scenario,' suggesting a larger correction could unfold while still maintaining an overall bullish outlook. A possible target price would be 83165. It's noted that it's still early to confirm this correction, but it's something to watch for.