Bitcoin & Altcoins Are WAKING UP (Almost Time)

0:00Welcome in to discover crypto and not only to people that use the out currency we call poor, but also those who bought the hunter Biden meme coin that came out this morning. This thing has rugged in this might be record time came out. It was trading around a hundred and twenty billion dollar market cap. And I saw it this morning coming in at eight hundred and fifty million only down by ninety nine percent on its first day of release. Shout out to hunter Biden for releasing a meme token right before the vote on clarity act. It makes you really feel special doesn't it, TJ? It does. It does. It's like, uh, I don't it really makes it really shows how much of a joke this whole ethics thing is. I'm making all this big deal about ethics and Trump and Trump family and all this different stuff. And then like you said a week before they're supposed to vote on it. We've got a, you know, pure crime season, you know, joke of a coin launching. Like you said, 98 percent down in the first couple of hours. I don't even know how that's possible. I mean, it's just about is criminal as

1:03criminal can be, but hey, he's got a pardon, you know, so he can, you know, he can, he can do what he wants. I mean, who wouldn't trust that face? This is a man that you can trust a legion of how on this. Well, and it's one of those, you know, like if somebody's down on this, I have no sympathy for you. I mean, maybe that's wrong of me to say, but you know, place two big games, wins, two big prizes, that whole deal. Uh, if you didn't learn from Melania and some of those other ones, and you thought this was going to be it, you know, like I don't know what to say, but, uh, I would imagine most of the people watching the show are not buyers of this coin because you guys are smart. And you guys are qualified investors and are savvy investors and you're, uh, and doing good stuff. But yeah, this is interesting. Like you said, you mentioned that right before the show, a week before clarity act, we've got this going. And you know, if you really think ethics is what is going to make or break Washington, then you're really not paying attention. So,

2:03I don't think it's going to pass. I don't think it's going to matter. You know, the big money has found their way around all, you know, Congress, basically, Congress is just a bunch of paid chills anyway. So, um, yeah, one week, another amazing timing that he rolls us out a week before this, it's on a boat. I mean, this is, that's the hilarity in this situation is that we have to wait for quite some time to get another vote on the clarity act. If this September 15th meeting does not go through. And there's a lot going on, monitor. I mean, we're going to have some new economic data coming out over the course of this week. Mm-hmm. And a lot of pressures on the Federal Reserve because of that, right? We're having the, um, basically, the Federal Reserve has their meeting very, very shortly. I wanted to show you the fed see-in. Next week. Next week, 15th, 16th, or, I mean, I guess it'll come out on the, I guess the, their meeting is beginning in next week, in the middle of next week, it, you know, actually drops. But right now it's leaning towards a rate hike. Right now, as the leading towards a rate hike. And this is where, you know, the big discussion

3:04of the war she's going to raise rates next week. That's a big discussion right now on how risk assets will perform if we do see an interest rate hike come from Federal Reserve Chairwashed. And now also a big chunk of the news and kind of what we're highlighting, we knew what's coming is, the Golden Cross is starting to play out on Bitcoin. Bitcoin, this we confirm that Golden Cross signaling a bear market low may be in. History suggests a sharp pullback could come first crypto analyst, Kev Capital on Tuesday noted that Bitcoin's 50-day moving average has crossed that 200-day moving average after more than 300 days in a bear market. This is a pretty big deal, I would say, from Bitcoin. It does only happen. But once a bear market in these extreme lows, but you have to keep in mind, even in bull markets, this moving out will come into connection and actually touch cross under and keep the continuation of the upside. What we're currently going through

4:05right now, we'll move this X so you can see, the blue line is the 200-SMA and the kind of gold orange yellow line here is the 50-SMA. We are just now crossing this level. And some of the T.A. behind this and kind of comparable motions in Bitcoin's history that we can compare this time for him to is right here when we crossed this on the February 19th of 2023 timeframe. February 19th of 2023, when we did make the same cross after being in a bear market for a few months in a row. Now, the sharp, short pullback I can see playing out from what we've seen in history's past. This is just generalized Bitcoin volatility in my opinion, though, when you start getting that break back to the upside, you're going to have people getting out of position. What this caused was that about 11% pullback from that local top. Bitcoin is at 25K and it dropped down to $21,000 over the course of the next few trading days after that golden cross came into effect.

5:08And we look back to this 2019 timeframe. This is the last time we were in a bear market, again, for a few months being held under that 200 SMA. And then we finally see that crossover where the golden cross, the bullish confirmation comes into play. And now this movement, it did cause another, and when you're really looking at these things from a step back point of view, I mean, they're tiny from, you know, the long-term perspective. But this one again, another 11 to 12% dump after that golden cross went into place. The timeframe before, you know, in Bitcoin's history, where as much, much smaller market cap, this is a harder comparison of what to expect in terms of price action after this signal played out because the market cap was so much smaller, Bitcoin didn't necessarily lose that range capitulation low at $155, but it locally did wash out from high to low midterm about 36%. So I'd say out of all the data that we have about when the golden cross comes into play

6:12on this chart, 11 to 12% dumps on a larger market cap. And now we're sitting above, you know, our current range, we are sitting above a key point that we have not retested around the $74,000 mark. That would kind of play into a dump, you know, let's see what that's measured that out. Trying to run like 6, 7%, 6, 7, that joke hasn't gotten old to me, by the way. Maybe I feel like I feel like such a boomer holding out. Yeah, that's what's just saying, because it's your boomer. The kids that the kids have moved on and the adults are hanging on. I can't let go of it. It's funny. We clicked. Yeah. I mean, to me, and just for, I know we have a lot of people that listen on audio. So we've got Ethereum coming in a little over 25, 259, and then 79, 252 right now, at least on CoinMarketCap for Bitcoin. So in it's holding that 78, 79, like you said, those ranges, it's holding that right now. And like, I mean, just very simply, that looks like a bull flag. Now I'm not a big chart guy pattern might not be exactly right, but like, look, big straight up,

7:17you're building the pennant out over there. And to me, the longer this price holds, and it's kind of in the middle, like everybody's been saying, like you could very easily break up, it could also still very easily break down. But it's the longer every week that goes by that we hold near 80, with 79 in change, kind of between 78 and 80, the stronger the case gets that it will continue to hold. So to me, hang on, like I do think next week is going to be somewhat of a decision week. Obviously odds are leaning towards hike. I could be posturing. I think he's talking tough somebody in the chat did say like they think I'm where to go that he's going to just kind of like allude to a hike and then hope to market corrects and all that sort of stuff. We'll have to wait and see. I did want to highlight though that I'm going to call this bluff right now to you. Okay, call it. What do you got? He can't raise rates while the real estate industry is locking up. I don't think that you can reasonably do that. There are pockets where real estate's hot,

8:20but it aggregates sellers are outwing buyers by a long shot right now. How do you raise interest rates and cause even more of a stance on the housing industry? I think it's the yeah, I don't think he can. I mean, you know, that interest rates are only a piece of it. It's really the bond yields in my opinion that has the bigger impact on mortgage rates and yes, and mortgage rates are absolutely what's causing the housing market to seize up. But you know, it's really war should present and Trump and the whole kind of administration figuring out how do we get these bond yields under control. And we'll just have to wait and see. I've got some stuff about what he's saying. We'll get to a little bit later in the show. But sent had some pretty big comments and I did want to highlight this real quick because we've got Venice again, making another run just blows my mind. You know, just can't stop once. I was I was I was talking with somebody in school who was talking about trying to take some profits on it and hope to buy back on the dip, you know, and not an unreasonable strategy. What's sort of like

9:23arrow, for example, massive pump pull back, you know, you can catch that dip, get back in whatever you want. But man, Venice, just, you know, uncontrollable run and then near, which is another one that I think is going to benefit from Venice. Anzik. So if you if you look at this, obviously some of the top movers in the last week, you know, radium as well. By the way, I hold a little radium, a little near decent amount of Venice. I don't hold Z cash. But it was like, Hey, I got all the top three today. So that always feels good when you wake up in the top rivers, the you own all three of the top. But Z cash obviously has been a story for a while. Venice has been a story near is infrastructure for both Venice and Z cash. And so I think near is another interesting one that hasn't quite taken off yet. It's been, you know, and it has a pretty high upside. A lot of compression and good looking chart. So near, I would not surprise me. I mean, okay, it's moved 40% in the last week. So I can't say it hasn't taken off. But I think we could see another 100% real quick and easy

10:26on near. Now, obviously, if if this current environment continues, but again, to me infrastructure, DeFi and AI, you know, you get some privacy in there. But and that's what I love about Venice is it hits privacy and AI. But if you need privacy, basically, and of any kind, and if you, you know, you're going to probably a lot of that's getting built on near intense. So interesting to look at. I mean, if you continue down the line, you've got plenty of other DeFi, DeFi, DeFi, you know, layer two, DeFi, infrastructure, AI, you know, so I've been saying this about as loud and as long as I can probably for over a year at this point that DeFi and AI were going to be the the narratives to watch, you know, with a little bit of privacy in RWA sprinkled in. If I had to pick dominant narratives, it's going to be DeFi and AI. And then kind of the beta narratives would be RWA, you know, tokenization, whatever you want to call it, you know, that kind of crosses over DeFi. But RWA and privacy would kind of come up and round it out. And that's proving out to be

11:32very much the case. So yeah, I'm feeling good about the portfolio. Like I said the other day, I think it's kind of sit back and wait season. Interestingly, we have a funny feeling right now because it sounds like too good to be true. This really in the bear market is kind of feeling. Maybe we just moved to a lot of conviction that what we were calling was the low, you know, and so we're experiencing a little bit of that fun early. AIOZ, by the way, yeah, nothing, I'm strong project. I don't hold it, but yeah, it's it's good. Yeah, starting to mean to cut you off. I just saw the chat there. No, I mean, there's so much I want to talk about with that kind of peak. We the near chart in and of itself was interesting for the last few weeks. And so I have been mapping this thing out. And the thing that caught my attention was the moving averages under the MACD on the weekly timeframe. We're coiling up. They're setting higher lows. And this thing really has not taken off anywhere. And honestly, in my opinion, it's already very close to cracking this downward trend line, which would be quite incredible for me to see because this is a general altcoin structure that's played itself

12:38out for the last few cycles on these altcoins. That actually stands to potentially be broken with how things are positioned. And these are some of the funner charts that I have in my back pocket that we're going to be covering today in terms of the altcoin sector. Morpho, I'll absolutely map out today, but near on a weekly timeframe, the first and foremost thing that is catching my eye is very, very strong correlation of higher lows on these MACD moving averages crossing back over. It's setting its third impulse back into the green on MACD. Now, money flows and a whole another story. So I'll move that down. Money flow is very aggressively coming back into the green. These are an extremely weak momentum wave that was clipped right back to the upside on near. It is still around kind of its release level range. I'm looking at this fixed range volume profile just in its local price action area. And a very interesting spot to see if we can flip into support would be $3 on near. I'd be cracking the 200 SMA on the day on the weekly timeframe to be a very

13:44good deal. And we're simply bouncing off of the 50 SMA right now on the day on the weekly timeframe as well. So near is actually quite interesting. And DJ mentioned some pretty important infrastructural tie-ins. You have near intense, which is being integrated with ZCASH and the AI privacy narrative. It is something that we feel like we're already there and we've already experienced it. But all it takes is for Bitcoin dominance to drop by 5, 10 percent. And the chaos that happened in December 24, March 24 comes back in the blink of an eye. And that's where Bitcoin on a chart basis is one thing. We're looking about this flag that we're basically building out right now. We're trading within the range. And the lower end of this range where you know, longs will probably have a lot more fun than shorts is around the $77,000 mark. I think that this is a defendable location. Should we fall down to the bottom end of this channel as long as things don't really break down and we can hold on to this. There are headwinds that are going against, you know,

14:48this red dot on the daily for money flow. This is still pushing us down. And the weekly timeframe is looking a little rougher than Ethereum. So looking a little rougher than even the altcoin sector in general when you look at the money flow. But as long as we're still holding this general range and painting this flag from 75 K on up, this is a situation we're about to break into bullish continuation territory. It's honestly a lot closer than people feel. And when another Bitcoin chart that I found fascinating when you talked about this one with TJ, the Bitcoin to gold chart. This is the one that I've showed this on the two week timeframe on MacD. The depth of our pain that we've experienced in Bitcoin when you compare it and price it in gold. Very powerful metric, right? Because gold is a great historic store of value. Now the depth of each of these red money flow bear market waves is pretty much in line with what we just went through in Bitcoin. So even though the regular Bitcoin, you know, US dollar chart, you might see

15:54this money flow wave or the general bear market flows to the downside. I'd be like, ah, that wasn't really that bad. That was barely anything. That's just the start of the bear market. When you look at it priced in gold, I mean, this bear market is very, very similar to the one of 22 and 2019, this is kind of a heady concept for us where we're, you know, it is very difficult to continually value Bitcoin in dollars because they just continually print. This is such an interesting chart to me, TJ. Yeah. Like pretty much all the smartest people I know in Bitcoin and crypto are looking in talking about this chart, you know, the Bitcoin pricing Bitcoin and they've been tracking Bitcoin against gold. It's very similar to the concept ice to tell people all the time of don't track your all coins against dollars, track them against Bitcoin. You know, you need to track it against, where you started and really gold is a much like you said, a much better serve store value. You're tracking a hard asset against another hard asset where the dollars inflating like crazy.

16:56And so it can do some interesting things to the chart where gold is a much more consistent store value, hard money supply, all that sort of stuff. And so tracking Bitcoin against gold is probably the is going to give you a much more accurate story, a much better date, a much more reliable data. And there's a lot of things showing that if Bitcoin goes on a run against gold, like it has in the past and like it's coiling up to do, this could, this again, like you just said, we have experienced the right amount of drawdown. We have experienced, you know, again, gold is repricing. You got that whole debatement trade going on and Bitcoin could make a violent move, extremely violent against the dollars, but pretty a par for the course against gold. And I could see that happening very soon, very quickly. And even we've got this here, let me see if I can pull this up. You know, percent was out there making some of these comments, you know, basically saying,

17:56if China were to pull away from the US and AI, nothing else would matter. We can't pause. And there is no day after tomorrow of China wins. And that was really my take is, okay, this is the crisis. You know, every time they need to print a ton of money, they need a manufactured crisis, not saying this is purely manufactured, but this is the perfect cover for why the treasury needs to step in. The feds going to need to step in. We're going to have to stimulate, stimulate, you know, build, build, build, AI race, infrastructure, power. I mean, we should have power. We should be doing nuclear and all that sort of stuff. But this is a perfect crisis to do it in an emergency, in a reason to print a ton of money. Now that also, you know, coincidentally helps them, inflate away their debt. But to me, this is the perfect cover and the perfect crisis for a massive money print that's coming. And there's really no way around it at this point for our economy. You almost have to do a massive money print to effectively bail yourself out.

18:56So yeah, percent had some very interesting comments. That was one of them. I think I had the, yeah, this was the other one that was interesting where he's basically saying, don't bet against me. You know, I'm saying, bet against Besson is the new like, don't fight the fed. Like, don't bet against Besson. You know, people say all the time, don't fight the fed. Don't try to overthink it. And when the fed is increasing their balance sheet, just go with it. And he basically came out. This was in response to, you know, everything that's happening with the, the yen in Japan and treasuries and all that where he said, you know, feel free to counter trade me if you want. But he said, I'm, I'm the house now. I feel like it's the Walter White meme, like, I am the man who knocks, but I am the house now. So when we intervene with the Japanese yen, I'm pretty good insight into what the Japanese, what the bank of Japan is going to do, what Japanese policy makers are going to do. And you can bet against me if you want. So he's basically like, I'm the house. I am the inside information. I know what's going to happen. Now, obviously, it's his job to protect project

19:59confidence a little bit. And there's definitely some of that in this. Yeah. But I think, you know, it comes back to that last moment, that last comment I just said is he knows not only what they're going to do, but also the other tools that we have an R tool about, which is treasury deploying more to show confidence. And ultimately the fed increasing their balance sheet, the M2 money supply going up. And a, you know, again, another massive money print. That's the, that is the play that always tends to play out throughout history, throughout time, throughout civilization. There's really no other way around it, other than a massive money print. And that's why Bitcoin matters, that's why gold matters, that's why you see people flocking to gold, that's why you see people flocking to Bitcoin, stablecoin issuers play a major role in that because they become the major holders and buyers of US treasuries. And all of the pieces are in place. Now we just have to watch that play out. And when that money print comes, it's going to be much like we saw in 2020

21:01in 2021 where they, you know, they're going to print an ungodly amount of money of dollars that increases the total supply. And again, that'll bring that brings us back to your gold Bitcoin chart is to why dollars not necessarily the best unit of account for what we've got going on with Bitcoin. Gold and Bitcoin, you know, they're going to make you, well, if you hold gold Bitcoin in land, you're going to be okay. You know, I'm sure some growth stocks too, but you know, even those feel a little bit scary right now, but probably going to be fine with growth stocks and AI and all that sort of stuff. So, um, yeah, I just can't get over how much that's. That was my rant to say by Bitcoin for the day. I mean, it makes sense, man, I mean, when you, when you're really just comparing Bitcoin and how it's doing against gold, this looks like off the cuff looks like an Ethereum chart. Right. Well, it does look like a multi cycle Ethereum chart where you're getting a slightly higher high, you're getting consolidation in kind of the range of 2022 where we fell down to as well.

22:04So it feels like you've been in a kind of a market for like six years. When you're comparing Bitcoin to gold, and when I see weekly timeframe money flows look like this, where they create kind of this secondary tail, that that's basically exactly what hyper liquid did. That's what a lot of these, you know, all that are sending to new all time highs, they had a money flow that kind of develops a tail like this and absolutely starts sending. So I would see, I see a lot of repressed aggression there for Bitcoin against gold. And then when I look at Bitcoin dominance, talk about repressed aggression, talk about altcoins, the AI run of 24, all it took was a was a second, 11% dip on Bitcoin dominance. Bitcoin dominance over the last few weeks is still printing to the downside within this channel. Now, the main point that I'm watching on this is about 58.52%. altcoins are looking like they have the momentum to get there. Maybe Hunter Biden didn't really

23:07help. And just real quickly to cover this again, Hunter Biden released a meme coin. It's hilarious, but also a rug. And he since Trump, people who bought the Trump token that lost money, were air dropped this token. So just immediate sell pressure from that chart has not survived. I mean, we're still sliding down hill. It's right around $88 million market cap right now, down from 10s and 10s of billions of dollars or not hundreds of billions of dollars. So this seems like it's not going to happen. The clarity act at this rate, I'm going to have to make a decision. Is the clarity act actually going to move forward on September 15th? I got to feel like no, I got to feel like no, I got to feel like yes, from the price action, but it's probably just from the SEC moving forward and making their regulatory framework that they can put together without Senate or Congress being involved for the time being. Like, are this where you're landing, TJ? Do you think that

24:08there's any hope that they vote this clarity act into play? I mean, I've given up on this for a while, you know, ever since they moved in and moved in and moved in. If I had if I was going to place a bet on it, yeah, I would place no, you know, obviously they haven't gotten it done yet. They're the the people pushing it sound pretty desperate. And you know, their only thing left to say is like, you got to do it or we're going to lose the China. And I don't think that's really the case either. So I do think crypto is moving on without Congress and nobody wants to hang their hat on this. It's become politicized. I don't enjoy predicting politicians. I think it's all a clown show in my opinion. So yeah, if I was going to bet, I'd say no, but I'd say it matters less today than it ever did. You know, if it happens, great, sure, fun. You know, and a lot of my understanding is there's a lot of negative stuff in there. So it might even be better for the industry. If this doesn't go through, we get everything the SEC and CFTC will just move forward with everything we need

25:09anyway, without all the junk, with all the, you know, again, political stuff that gets forced into these bills. So me capping DeFi like they're planning to do. Yeah, all the crap. So I don't really care anymore. Just get, you know, I just wanted to be over. You know, I'd love it for them to push it out to 2030 so we can stop talking about it. But, you know, I'm much more interested in what Warsh is going to do. And, you know, he may or may not, and even that like raise rates a couple basis points, don't raise rates. I don't think it's really going to have a massive impact one way or the other. Maybe, you know, if he raises, maybe we get a slight pullback, me, you know, I said a couple months ago when we were wondering if this price would hold that I think this could be the decision we get. Clarity failing and rate hikes that could push us back down. But at this point, if we get Clarity fails and a rate hike, which, you know, there's decent odds that that happens. And the price doesn't go back down to, you know, 70k. That's so bullish. That is how it is bullish

26:16it gets because that's just another sign where negative news that in the past would have massively impacted the price has no impact. You know, then it's like, okay, just buckle up because we're, we're going to be pumping ahead of schedule. And again, that gold chart is really the one that I like to watch. You know, you've got a lot of other indicators saying, you know, that this cycle, this four year cycle is going to be very, very different than things we've seen in the past. So yeah, I'm getting more bullish by the day. And cautiously hesitant. We were talking about this the other day with like, it's almost scary seeing all these all its move at insane rates where it's like, hey, you know, this kind of feels a little 2024, you know, 2024 all season. It gives a little like February March AI pump by where it's like, you know, this could be very short lived and we could go back into the gold dreams for a while because, you know, that's what we've seen in the past. So it's like, like you said, it's almost too good to be true. It's almost, you know, we're seeing

27:16these pumps and it's like, hey, everything we thought was going to happen is starting to play out, but it's like, nobody move, nobody touch anything. This could get this may not last as, you know, like it's just a little, it's almost scary when it goes right, you know, I know. And this is where I must counter our, you know, caution here. I must counter our caution. It's not too soon to be true. This is the Ethereum to Bitcoin chart. Yeah. It's been in the red and this on the two week time frame, it's been in the red for a thousand one hundred and fifty five days and still in the red. Right. Like on the weekly timeframe, we're just now peeking our head into a green money flow against Bitcoin on Ethereum. Ethereum is not like it's proven itself to be a useful. I mean, this, this is where all the stable coins is the whole infrastructure of smart contracts and a lot of different things built on top of this. So maybe we were just nuts enough to be yolowing in at the actual bottom again. Like we did it last time. Yeah. I'm good.

28:17100% confident we nailed the bottom. I'm just saying it's more the, I'm not really worried about Bitcoin or even Ethereum. It's more the other all coins that we're seeing these pumps on like is, you know, like VVV, for example, should I be dumping it all to Bitcoin right now? Like, I'm not. I have a much longer term play on VVV and it was even interesting. Like, by the way, if you want some stats here, I mean, this guy did Austin Brock did a barrack, however you say, it did a really good post on kind of highlighting it, but these are the numbers. I mean, and these are insane. You got over a hundred million annualized revenue projected a three X for 2027. So just looking at their own revenue numbers is extremely bullish. You know, you could argue, it's still underpriced. And I did share this on the Discover CryptoX count. But the other thing that was really interesting that happened yesterday, if you follow the AI world, there was a very complex math problem that has been stomping mathematicians for a very long time that got solved yesterday with open AI. And a big debate on, you know, basically this mathematician mathematician

29:24was very close to solving it. And he was using codex for about a year and open AI hears about it. And they're like, oh, I wonder if our models can do it. And then it turns out they solve it. And there's a big debate on did they steal his work and how much of, you know, basically, anthropic and open AI are definitely using all of your work to train their models. And so if you want to actually protect your IP, if you want privacy, if you care about any of that, like the really most viable option at this point is Venice. And so I think that's going to continue to happen. Either you're running local models or you're using something like Venice to protect your own intellectual property. Because, you know, open AI, look, somebody was using their product for a year to try to figure it out. And turns out, oh, hey, now, now we can do it right before you were about to release it. So not lost on me that that happened yesterday. And we're seeing just exponential pumps on, on Venice is token. But this is when you're looking for a crypto project and you're looking for economics, like sure there are on chain economics that really matter, you know, obviously revenue matters.

30:31This is revenue and a retail facing product that has very clear on chain usage and also very clear just real world everyday user. People that want to have private AI and AI that they don't give away all of their data to anthropic or open AI. And a lot of people don't trust open AI for good reason. Great, great model though. I will say Astra is very, very good. Why shouldn't we trust in anthropic and, you know, all these major conglomerate of AI with this? I mean, you saw, you showed it as the anthropic employee in the graphic. There's a former and current anthropic employees are now posting that they earnestly believe AI could kill all humans. Within a decade, by the way, within a decade, yeah. Within a decade. So people that work there are now sounding the alarm that we're all going to die from what they're building in 10 years time or less. What's the overdone under on this? I mean, who's to collect on the bet if you win that everyone's going to die

31:31from AI? I mean, no one really wins in that situation. So it's not really a good bet to take, I guess. I'll take the other side. I'll take the other side. I think humans are very resilient. I think some of these people, like there's also a debate. This is marketing, you know, like, you know, their IPOs about to come out and they're saying, oh, these things are so powerful, so good. They tend to do this a lot of times right before they have a big thing. Like, oh, you know, the government has to stop it because it could break the world. And I think sometimes these guys are a little too close to this stuff. It is a little sketchy. Some of the stuff that's going on. But I think humans are going to be fine. I think we'll be all right. Well, here, I mean, look, if you bet on it and humanity's still going and you bet against it, then you get paid. If you're wrong and it does end the world, you don't really owe anybody. So it's not really a bad bad move. It's good. Ben. Yeah, man. Well, obviously, we're sitting here and shocking off about our bets on all coins. Right? I mean, the signals were there. The movement from our school and our bags was there.

32:34And we've been performing pretty damn well. This is the crypto total market cap. These are the altcoins. These are everything outside of Bitcoin, Ethereum and stable coins is things like Solana, XRP, Cardano, all the altcoins put together in this metric. And what we've seen is a bounce off this trend line that I've been operating off of for a little bit of time here, a couple of bare bull markets. And we're up by around 33% against the kind of overall backdrop. Now, this chart looks again like that gold to Bitcoin chart. And the thing that I want to kind of focus on here is that this has been a very repressed secondary or I guess you could call it third cycle that altcoins have just gone through very short, barely even peaking about 23 on the money flow height for the green money flow. This is a repressed market. And you're seeing higher lows in the bear markets as well. I think that there is something to stand in the idea that over the

33:39course of the next few years, we're going to see a lot of this repression, not only for gold and Bitcoin's chart, but also for this chart because altcoins in their usefulness is only increased the stablecoin expansion, the RWA expansion. It's all there. And I could see this making a big, big move. And other tokens I saw you guys bringing up Morpho. Let's go check out Morpho. I moved back into Morpho. And I do still enjoy, I'm a Morpho enjoyer. I guess you could say, let's go to Morpho. So here's the general buy boxes plan. I acted on this buy box right here at the $2 mark. It worked out well so far. Wouldn't be surprised we come back down to test it though. On the money flow timeframe, let's look at this. So we have a red dot printing, a very strong red dot printing on the weekly timeframe. We got the, oh yeah. So yeah, it looks like we're going to be finding out. I mean, it could very well go give a vibe check at $2 again. Very well give a vibe

34:41check at $2 again. Right now, you know, from the long term, this chart, I'm not going to be surprised. It's just a slow stair step grind back to the upside. Morpho kind of trades in staircases, I say. And right now, we got some pressure to the downside. Now this could turn around very, very quickly. But for right now, you know, making a move back at least to this additional, you know, kind of a DCA point from my bag would make sense for it. It hasn't really broken out. There's a lot of altcoins that are going absolutely ballistic though. I want to go to coin market cap and just give a quick glance. We still have radium, a salana auxiliary. Radium is very interesting. Gido, very interesting. Huge pieces of salana that are still, I mean, yeah, seven days, it's up by seven a percent. Radium is very beat down from where it was in the last bull market. A lot of salana ecosystem here as well as I'm saying, Piff, Piff, get guests ish salana hyperlick new all-time high recently. Pullback on a hype is something I know a lot of folks are probably thinking about as well.

35:47So it's what people have been wanting to pull back on hype since hype started. Yeah, I know. And like, I had this zone where I just had to like, you know what it was, is my wife. She's like, why don't we have hyperlick with it? And you know, I was like, it's basically at this previous all-time high. I'm going to get spotted. I'm going in. It worked out so far. It worked out. Liner, if you're looking, a lot of people that feel like they missed pump went into lighter and that's really reasonable to me. Yeah. Lighted a much smaller market cap and kind of a same vein of competition here. Yeah. And it continues to run. And then you also mean a lot of people bought ponds on Robin Hood chain. So, um, God, I mean, this is scary though, that buying this. But I wouldn't want to buy it now. I mean, it's just like the last, what, three, four weeks have been insane. But right. And but that's what makes that's what makes some of these so tough because it could, this could still continue to run for a long time. I mean, sure, it's up and you're buying a top, but a lot of times things like there's some stats. If you're looking at the stock market,

36:49buying into all time highs, oftentimes performs really well when something's in discovery. So, um, yeah, it's tough. It's tough when things are at all time highs, but I think that's where it's going to get really people. I think a lot of retail is going to get paralyzed in this cycle where they weren't positioned in all coins. All coins are run in. They're waiting. They're waiting. They're waiting. And then by the time they finally make that move, that's when you get a pullback. And that's that's kind of what I'm saying. It feels a little like the market feels like pullback would be healthy at this point and kind of reset some of this stuff. So I'd be careful to, you know, go crazy in with your dollars here, but it's tough. Like it's a really indecisive, you know, we're coming up to a decision moment, but nothing has really called it one way or the other. And it's we've been sitting here and sitting here. And again, another week or two, if the price doesn't, if the price holds through next week, I'm getting a lot more bullish. But it'll be interesting because it almost prefer clarity doesn't pass. We get a little bit of a rate hike and then we can kind of reassess and

37:53see how the market reacts because I think that's good. That would give us a lot of really good intel. Yeah. So we'll just have to wait and see. Yeah, this week's going to be a little bit nuts because we got the Federal Reserve release and we got the clarity action news. The clarity is probably going to be a little bit of pressure on the charts, I'd imagine because it doesn't look like the clear to X going through. I'm seeing batow tensors sitting here just like hanging out at $260 and I know that this is an important spot on the charts. Let's go look. So the 50 SMA is what we're running into right now on tell. And it's been very clearly bouncing out of this support zone. I mean, I basically had this marked out even all the way back here, I think to 2024. But it bounced nicely out of that zone. I did get in a position right now. I mean, this has more room to run to the upside actually. I this actually angles like the moving averages and the stochastic and regular RSI. This sharply angled to the upside. Usually mean you got some velocity to break

38:57through some glass sealants here. That glass sealant is right where we're at $261 is where that 50 SMA is at for the moment being. So looking at towel just briefly, it actually looks like one of the more bullish things out here right now. What is that? Super chat here? I got a little of the. It wasn't super. It was just somebody saying the market's going to price and clarity not passing, which I think it already arguably already has and the Fed holding rates or rate hike. I agree. I you know, so it'll be interesting to see. I think it and then somebody else was asking if we could look at some can I know you hold. Yeah. Now I know you were a can't. Yeah. I'll can't it. I bought it at like eight cents and haven't done anything else at the bag. But let's see here. Just real quick on towel. So all right, turbulence 278. Real main target for this. If we get if this velocity on the RSI plays out like it looks like it wants to, this volume noted just over $300 seems like it's

39:57within towels targets right now. Well, that's that's kind of what I mean. Like if it's very obvious that that's a high obvious rejection level and we could go back down to the bottom end of the range. But if we can get above it and hold above it, you know, there's some there's some very bullish action coming for a lot of these things. So again, we're just sitting right at the decision point and it's not giving us a clear signal one way or the other. So I'm I'm I'm in wait and see mode still. I mean, I'm positioned and like it kind of doesn't really matter with my portfolio. Like with the DeFi stuff, it covers a lot. If we go sideways, I'm still heavy Bitcoin Ethereum. I've got some all, you know, probably plenty of all coin exposure and I'm, you know, enjoying some of these pumps. I'm I'm making up pretty good clips on my Bitcoin goal because again, I tracked everything in Bitcoin. So but before like if I was thinking about breaking up a Bitcoin and putting it into all coins, I'm not I'm not at that decision point yet. I'm still I need more data to say that that

40:59is a sensible decision because right now I think it's too risky. Oh, I mean, absolute risk. I'm you know, I kind of feel like Tao is going to be a couple thousand bucks though. I know that that sounds insane, but that's what I think. This is one of the bigger AI projects out there. It's easy to talk to regular people about what the fixed supply and it's got one of the better structures of any all coins out there. I think right now we got the local velocity to breach above this point of control. So, you know, obviously this week's going to be a little crazy. We could dip down to the two two hundred or something like that, but I could see us ripping up to that 300 spot and then proving this 270 as support before continuing up. I can actually see this happening for Tao. Just taking a close look at it. And now Canton, Canton, Tugan, I have it. I don't really map it out because Canton is like one of those things. It's such a weird project like it's not easy to fake treasury repose. Obviously, I don't feel like it's a fake project and it's got a lot of RWA

42:06movement so far. I can't remember where I found the actual here it is. Okay, I'm cracking. That's where the coins are actually. We're writing a buy box. I have mapped out here. So it's vibe checking the 10 cent range. I believe that this was developed. Can't remember exactly how I developed that 10 cent range. Let me go look at it on the coin market cap real quick. So now I just marked out spots where it's likely going to bounce that green box. Let's go here Canton. All right, so we're at 10 cents right now. And this one, it's already at number 22, number 22. So we got to keep this in context when we're looking for moon math on Canton. It's at a four billion dollar market cap already. Right? So, um, you know, 39 billion token circulating toll supplies at 39 built. But this it's got a mint and burn equilibrium. So the tokenomics are a little skew it really depends on usage. I can see why I had this 10. This is essentially the bottom end of this wicks being tested. It looks very slopey though. It does look very slopey.

43:11I haven't seen any, you know, this is interesting. It hasn't had any sort of bid during this kind of really strong altcoin resurgence, I guess. 10 cents being tested right now. This one is tough. I have a very small amount compared to the big one of the altcoins, but I don't know what to do with this one. T.J. Because it's already at 22. It's already at, um, what's that? Number 22 in size of market cap. So it's already a pretty big market cap. I don't know. I don't know. I would actually like to see a bounce off this and create higher lows. Yeah, strong. It's a strong project. I think it will perform well in a bull market, but for exactly that read the market cap is part of the reason that I'm not messing with it as much. I know a lot of people love it, um, but it's a little outside of my general thesis. And that's that's what we talk about a lot in school that's,

44:12you know, you have to develop your own plan of thesis and stick to it. I actually wrote a post today about the alpha beta method and kind of talked about what my portfolio and kind of how I view a lot of this stuff and Canton doesn't, you know, what you would say that the narrative or the niche is RWA, right? For Canton or yeah, that's the tokenization or yeah, it's they do Treasury repose and then they have a massive amount of value on chain, right? You know, they came on to RWA XYZ. And so I do think that's going to be viable. It's just for me, I'm much, I'm much more focused on Define AI, you know, and so at the further outside of that, you get the less likely I am to hold it and you can only hold so many things, you only track so many things. Like I said at the top of the show, I think Define AI will be the dominant narratives and I think RWA and privacy will also be relevant, but I think AI trumps it. I think Define will trump it with all of these

45:13things coming on chain. So to me, it just doesn't quite fit into the risk reward and you know, it's newer. I don't know what the inflation or how many are left to come out. Yeah, it has a kind of a mint and burn equilibrium. So the more transactions go through, yeah, but how much of the supply is circulating? I'm just curious. The total supply is circulating as it reads right. Well, that's good. That's good. But you know, there's the max supplies listed in infinity and it has a lot of complex things that happen when the usage of the chain goes up, then more tokens are burned, etc. But I will have to check in on this because I know that they've continued to operate like Swift, it was able to announce the chain link integration first and then they were openly saying that Canton going live this year, right? Very odd chart to have Swift integration going live first and foremost because stellar

46:15is the next one in line. And that's not till I think March of 2027 is when Stellar actually goes live with it as well. Man, I don't know. This is a tough call for me because the glow up the moment of it's happening right now and the chart, I mean, what I'd like to see is a higher low developed out of this. But you know, you're going to be sniffing around six cent token price. If you lose nine and a half cents and you're only a breath away from that. So this one's, this one's not looking the most bullish right now. I got to be honest and I hold this token. You know, very interesting. And really, you know, when I did buy this thing, crank was the one that convinced me to take a good chunk of profits at 18 cents. Oh my God. There he is. Yeah. I was just saying you were just sensitive. He just popped in. What up cranking to see? Yeah, that's good. Yeah. So when we were talking about this on here, we were at like 18 cents. He's like, dude, just take some profit. You know, and I was like, yeah, fine, fine. I left some behind though, obviously.

47:17I would like to see a bounce off of the midpoint here, which it's already sort of doing so far, but a little bit of confirmation that this is a higher low. So this one, I actually all pay attention to a little bit more closely as we close out the week to see where this candle, if we close below this 8.7 cent mark, there's probably going to be some serious pain. So just keep an eye on that if you're in Canton. Another one, I'm having a lot of fun doing TA real quick on do V chain. I've, I've seen V chain brought up a lot. What is this 2021? What did we do? What just happened here? Did we just enter the V super cycle? That's good. V chain might be 2018, 2017. When did V chain come out? It's a throwback. I'm curious. I don't even remember. It feels like that was a 2017 coin, but I could be wrong. I can see why people are hooting and hollering about it. I mean, it really, almost like a chain link level accumulation pattern there. It was 2018. Was it? Yeah, then it launched in the depths of a bear market in 2018. All right. Well, that's right. I got

48:20its run, you know, May 21. I'm going to, I'm going to act like I have none of the cynicism about V chain already built into my bones. Now, let's look at this for the main objective point of view. Let's go a two week time frame. Let's look at the holes. Kitten to boot. Oh my god. So we're down to cool. You know, we're down to eight percent. Yeah, 98 99 99 percent. But it is up 70 percent on the week. Right. So we got a little bit of life here showing. Looking at the spotted bounce from it's a literal original release accumulation zone. So you have not missed out on anything on this token. If you bought it in 2020, it never sold. Like this is, it's returned all the way back home. As friend of the show Ben Kallen would say, now, let's look at the money flow. So this is on the two week time frame. And we got, oh, Lee, this thing got kicked in the teeth. Look at how deep that money flow wave was.

49:25It's sharply moving back to the upside. I haven't seen much actually go live or like, actually, I mean, that's the thing. Will these charts bounce off the bottom? Sure. You could probably get up to the, the, you know, make a lower low, you know, type of thing like, you know, the bot. You can see there's another area that it could hit. But I just don't understand trade. And maybe this is a trader's mentality thing. You know, like if you're a pure trader and you say, like, oh, yeah, I could get up to right about there where that volume just jumped to, like, right. And you could get a decent decent run off that. Like two cents. Yeah. To me, I just don't like chasing on these things that haven't effectively delivered anything, right? Like they haven't, you know, they're supposed to be supply chain, you know, and I don't see that happen. Narrative is done. Did they should not try to go with that narrative again? For all and to be fair, I haven't looked into this long time. They could have completely abandoned that and moved on to something else. But to me, there's so many interesting projects out there.

50:26And if you're looking at this, you're probably jaded. You're probably not jaded. Isn't the right word? You're probably have been exposed to this before and you're just kind of holding on to the home. So I don't know. I don't like to move into these coins that are just making new lows, new lows aren't really delivering. Been out for a long time. Now, will they pump? Yes. You will catch a pump. But to me, I'd much rather be in something new and innovative because again, crypto generally rewards, more, you know, recency bias. And it's probably because you can hold on to a little bit more of a dream. And that's that, you know, they're actually going to deliver on what they're promising where this is feels like, okay, they've been trying to deliver on this for, you know, eight years. Doesn't seem like it's happening. Can you catch a small pump off of bottom? Sure. But is that really, you know, or you could just fade into obscurity? You know, and so I do think when we do see a lot of all to move, we will see some move aggressively and some move minorly. And this to me, once it gets to that where that white line is, you know, which again,

51:31that's going to be that's a pretty good pump. If it goes from where it is to where that white line is, what I mean, how much how much gain is that? I mean, you could buy I could see a doing that 300% yeah. So you could get you could get that for sure. But what else is going to be happening in the meantime? What happens after that? Are you really taking profits? So to me, I'm more of a longer term investor with a lot of these things. I like to buy things that I have long term conviction in that are actually relevant and viable and making a different again. I can't really argue that Ethereum and Salana are impacting this infrastructure and delivering on their vision similar with a lot of these other ones like Morpho Arrow Ave, etc. So I don't know, like you can't have pumped sure. Have the guts to sell is the real question here. We have your in it, right? Because a lot of people will get to this white line if it does ride there like now. Well, yeah, they're going to be looking at the next highs and it's just and again, all these there's so many coins out there that will pump. But to me, then again, this is what we teach in school. We have our extra by the way,

52:36have our community called today where we're going to be looking at different trading patterns and kind of the most common patterns to keep an eye on. I actually did a whole post in there today about again, about my portfolio and what I call the alpha beta method. That's a virtual pattern workshop coming up to coming up at two o'clock today. So hop in there. But there's free trial on it, by the way, if you guys haven't tested it yet, you should at least come in there and do it for free for a little while. So yeah, to me, it makes a lot more sense to actually have a plan and actually have a thesis. And that's if you come in, that's in the free trial version. That's what it's going to take you through is writing out your own thesis, creating your own buckets, having an actual plan to follow and then following it. And to me, this is so far outside of things that are interesting to me. I'm not looking at it. But I guess for the one guy in the chat, there you go. There's your VChain coverage. Yeah. You know,

53:36it was just a few people. When I see something fly by my face a few times from different Yeah, sure. Even avatars, you know, and really I think people are saying that we're dumping right now. Let's see what we're actually doing right now. I think we're at 78. Okay, we pushed down to 78. We're getting some price action here. Let's see here. So we broke from that value area high. Pass the point of control. England downtown. I told you again, you know, I take my job seriously when I come in here and decide if we're going up and down in the local timeframe because that's that's tough to do. And there we go. So we're at the value area high. Feel a little bit rollovery. The bigger thing that I'm thinking here is where ETH to Bitcoin goes. Now we'll see Bitcoin kind of writhing around in this 74 to 78 range. I feel like for a little bit of time. But the ETH to Bitcoin chart, this is one of the more exciting things out there because we've been cooking up in this channel for months, absolute months. It's respecting the bottom end of this channel. We're getting a lot

54:40of down. Let's go here. Let's go. I'm going to go here. This is exciting for me. I love when the volatility comes back to the market. So I left this morning's trades alone. Let's see what we got. Yeah, Aira, a lot of the big gainers are given a lot of it back. I mean, obviously, yeah, I mean, somebody was talking about chain link. I think it gave up a lot of its pump over the way. Yeah, down 5%. We got ponds creating a little opportunity here. Yeah, when things run 60% again, this is kind of what I was talking about. All it's we're feeling like they wanted to give some of this back. So we can be very interesting to see if this trend continues over the next few days in the next week. Right. And it's pretty healthy, by the way. But again, this is signal. This is what I what I tell you guys, what it's worth paying attention to when the market moves, the coins that move more, I mean, it seems like it should be very obvious. But like when things pump and you got a handful of things that move 5 to 8% but then you've got some things that are moving 20, 30, 50, 60% in a 80% in a week, that is signal that you should latch onto and pay attention to now.

55:46And then when they get their pullbacks, you know, start to build your positions in there because those are going to be there's very likely to be coins that over index when the market gets hot and stays hot. And that's what I like to do. The coins that pump the most when things are moving get my attention and the coins that pull, you know, kind of show resilience in a bear market, get my attention. So. Right. Yeah, I'm kind of thinking about what my trading set of is going to be now. We're getting some action on the charts here. So let's just check liquidity levels. See what we got here. And if you are trading trade on two bit, we got great partner and two bit. Another link for Blowfin. If you if that's your jam and zoom X as well. So we just washed out some leverage here. We just washed out some longs that were kind of early, you know, right after the market open freaks. Now we've seen this wash out in a local time frame. Let's see what the larger time frame is because I'm still feeling like 70 something about that 70 mark 77 flat.

56:48Here's 77 five coming up on the three day time frame. So let's go back here. And yeah, okay. I could see that just above this value area alone. I could see that. So I'll keep it on out for this potential setup here because I am feeling a little bit froggy. Once I see that trend line matched up with on the bottom end of this parallel channel and the value area low in our local range. Go for a little bit of a scalp here. And I'll keep the stop loss. I don't want to go for a little bit lower than entry. You know, maybe high 76s and keep that stop loss nice and tight. So I don't die trying to make more to other here. So that's something. And I'm going to be watching this chart. And if I do end up popping in a trade, I might be able to go live later on today. It's a great time to be alive though. Great day to be in crypto. Be very careful out there. Right. There are some scam stories as well, like people losing their XRP to some XRP health care app. Whatever the hell that is. I understand why we're let's let's tackle the health care industry

57:53after we, you know, let's all finance first, right? We're supposed to be good at that. Let's do that. Let's focus on that. It's crawl before you can walk type these and shout out to my son. He freaking, I got to give shout out to Bronson real quick. This kid, he came to me, wanted to play baseball. I hadn't played in years. And he had a best friend that wanted to join the baseball team. I'm like, all right, dude. So for the last six months, every single night, we've been going out for an hour to two hours, but it worked out for me. I feel like I've kind of gotten in shape from him. He went out there first at bat in the park home run, smashed it onto the home plate. Tears were flowing like wine. And he is absolutely addicted to playing baseball now. So that was, that was so awesome. He showed me, he showed me the video today. And I know because you've been telling me the story you've been out there every day, throwing with him, hitting with him. Like you said, I think you mentioned it on the show yesterday. You guys spent half of the weekend, most of the holiday weekend out at the batting cages, hitting. And this was his first official game,

58:55right? First, first official at bat, right? First official at bat. First official at bat. Here's a home run. And he got up to three balls and two strikes. The pressure was on. No way. Yeah. Pressure was on flow count. It was so sick, man. And he just nailed it. I mean, it was a double at least that, I mean, ball into the outfield at his age, at least a double. Even without any other trouble. They're like missing the ball. You know, for this hand. Yeah, he made it all the way to third, miss handled the throw at third and then made, took it all the way home. So in the park home run, first at bat, you know, Branson, shout out to you, man. You go into the show. We'll see, you know, hopefully you can get us tickets when you're in the, when you're in the big show. That's right, man. I mean, ball markets are cool. But have you ever experienced your son hitting an in the field home run? No, just have to set his expectations because that's no different. That's very similar to somebody getting into crypto and then getting an instant, you know, an instant 10 acts, be like, Oh, this is easy. You know, uh, so you got to lock in. Locked in. I was called everyone in school. Yep. All right. Here you go.