The analysis is on BTCUSD. The speaker notes the presence of three buy signals at lower levels, indicating increased demand. Price is pushing back above a blue midline but approaching structure resistance at $113,500. Whale money is moving into the market, which is typically bullish but trades in favor showing 82% chance of drop. The speaker indicates any entries are high risk and that risk management is key. The speaker points out that if this candle break the previous high of $113,480 we will likely see it move back up, targeting $117,500 or higher, and that if the whale money begins selling that we will reject to the down side, back down to $109,900 or $107,250. He cautions that the upward momentum is close to an overbought reading. The analysis depends on whether the price breaks the resistance line at $113,480.