This is a technical analysis of BTCUSD. He states it could retrace to $104,000 due to the weekly pivot and golden pocket region aligning. The speaker states that ETF activity shows an increase in bitcoin purchases from those funds. Looking at the ETF market and the Fear and Greed index, he states both crypto and stock markets are neutral so he defaults to technical levels for analysis. After discussing year open price levels as key indicators, he identifies the upside target near 135000 based on a AB=CD harmonic pattern. He states that dropping below 93371.5 would invalidate his analysis.