Bitcoin Traders Aggressively Long...

Bitcoin traders to go to aggressively long baby. Signal or noise. We got that to discuss with you today. Looking at the Ethereum double bottom. We've got the latest news from Kevin Worsh Kog himself. We got the latest inflation news. We got Robin Hood chain cooling off. We got stock up. Gosh, we got so much to get into, man. It's going to be a good show. We better get the heck straight in it. First and foremost, Hyperliquid's top traders are more aggressive on BTC than during its runup to 83K. Now, these are the same guys who went long from 60K BTC up to 83K BTC. These same traders, crowd knowledge of the trader crowd, these same guys are going super long BTC right now. Does that guarantee that they're going to be right now? I don't know. Some crazy [ __ ] can happen. These guys can all get washed out. That's how trading works. But the fact that a lot of these guys are looking at the charts right now, looking at the signals right now and saying it is a damn good time to be long Bitcoin, that in itself I think has signal worth paying attention to. ETF flows, Bitcoin and ETH ETF flows saw net inflows. Good. Good. Not outflows. Now, if you remember on the 13th of July, we had about $400 million of Bitcoin net outflows. That was the start of the week. 180 million inflows yesterday. So the week is still negative, but this is good. I think overall we're seeing chop in the ETF flows. Some days in, some days out, which after our record month in June, where we had record streak of single days of outflows, plus a record outflow month, the fact that we're now seeing positive inflow days is extremely positive. And the fact that we've seen multiple of these days, even if we had some big outflow days, still is showing that interest has started to come back into BTC. People are starting to bid again. Whether it's Wall Street institutions or just retail traders buying ETFs, people are looking at the current price of Bitcoin saying, "I like it. I'm going to buy it." Same way that Hyperlid's biggest traders, the same guys who nailed the 60 to 83K move, are now saying, "I like BTC. I'm going long." Interesting. Bitcoin's long-term holder dominance ratio has hit a 30-month high signaling rapid accumulation. Now, if you look at this chart, you can see this insane peak right here lines up with big peaks that came before big moves. For example, here, for example, here, for example, has actually marked the bottom of 2018 bare market. You can see the big ramp up before the big move here in 20121. Interesting. We're going to put that in the interesting category. Bitcoin came up to tag the 50-day EMA, hit 65K, which means my Bitcoin take-profit order has successfully executed. Good [ __ ] Be breaking that down for you in a second. This becomes the next challenge point for BTC. Break above and stay above the 50-day EMA, blue line on the chart here. So, I will consider going long on BTC again on a breakout and retest of the 50-day EMA. I'm happy with the profits that I got off the trade. All good for now. We'll look for the next trade on BTC. Currently, I'm not going short on BTC. I think there's enough building up to say that we could break through the 50-day EMA, but I'm going to watch and wait mode. If we pull back significantly and I see a new opportunity open up for a long trade, interesting, but I don't know where it's going to go right now, and I don't have a strong feeling about it one way or the other. So, I'm going to stay out of the trade right now, which is fine. Obviously, we all want to see a break above the 50-day EMA with some kind of conviction. That would be fantastic. Let's watch, wait, and see. Want to get the 20-day EMA pulled back up above the 50. And really the target up here at $74,000, the 200 day EMA, that is the big daddy, the bad boy. We need to rally not only up to 74K, but to decisively get over it, which is something that we have not been over for a very, very long time now. I remember back when we got up to 83K, very strong rejection. Very, very strong rejection at that level. The 200 day EMA is an incredibly important line. If we get above it on any future rally, that probably signals that we are back, baby. But trading this far below the 200 day EMA is not a we're so back kind of moment. But nice trade nevertheless on the short term. Ethereum double bottom pattern trade open. Now, I've been long on ETH since about 1750. I shared that with you guys here right about uh over on this candle here. Two lines drawn on top here. So whether you want to measure this here from the candle closes or from the wicks is going to significantly alter your overall takeaway on the takerit target for this trade. because you're measuring from the wicks gives you a little bit more room uh to play here because that's from 1500 all the way up to $1830. So it's about a $350 price target breakout. Whereas if you measure it from just the candle closes, it's a much more modest about $250 target. So I'm a candle wick guy myself personally here. So the trade target here is around $2,100 to $2,200, which also brings us into the 200 day EMA for ETH, which becomes a reasonable target based off the double bottom pattern that's playing out and the of course impending area of price resistance up here at the 200-day EMA. My current price target on this was $2,100. What we want to see now is the price to stay above the 50-day EMA. That's at 1,800 bucks. Pullbacks to these lines, whatever. It's all cool. As long as we stay above the 50-day EMA. I think this remains a valid chart pattern to keep an eye on. Now, of course, we got the Bitcoin long, which has successfully hit the take-profit target. That's always nice to see. Count up them dollars. Let's go. Now, we still have multiple open positions here. We have a Salana trade, which is not doing very much currently, unfortunately. Uh, we have an Ethereum trade that's currently sitting at very nice profits. Again, the entry here is $,750. Current price $1879. The target on this is again $2,100. Maybe I should move it up to 2200, but I feel like 2100, you know what? It's close enough to the 20-day EMA, it's closer to the breakout target. I feel like recently those breakout targets for these sort of chart patterns when I'm just falling like a little bit short each time because we are still in a bare market. So, that would be my target there for that unis swap trade 20 $30 unrealized profit and loss. Let's go. I still think there's a valid trade here, but uh definitely a little bit of momentum is fading on UNI right now because Robin Hood momentum is fading a little bit. We'll got more on that story for you in a second, but genuinely trading over on Bits. There is a link right down below. You can trade stocks, Nvidia, Tesla, they got all the big [ __ ] You can trade gold, silver, they got the metals for you. And of course, you can trade our favorite crypto coins, Bitcoin, Ethereum, Salana, random dog and cat coins, whatever you want to trade, man. It's up to you. Available to anyone, anywhere. link down below. When you click on that link, deposit USDT, make a trade, you'll be in to win a thousand bucks. Gave away a thousand bucks yesterday, gave away, a thous0 bucks on Monday, we're giving away a,000 bucks today. You could be that lucky winner. We're going to find out in just a second. Let's go ahead and click draw. By the way, you also should definitely consider joining the inner circle. This is our private investment and trading group. We're doing regular reports, weekly reports on hot tech stocks, weekly report on hot altcoins, trades of the day, long and short positions on crypto metals and stocks, weekly deep dive trade reports, and much much more. Our told is nuts. Uh sgmail.com, you won a thousand bucks. Congratulations. By the way, if you join the inner circle, you'll get a 7-day free trial and $80 a month back from the guys at Bit Bit Unix a month. That's pretty good. Pretty good. 20 bucks a week. link down below for both of those. Check it out. Okay, continuing. Kog Wars himself. He says, "We are not bailing out anybody, including crypto. Crypto is not going to get a bail out like the banks did." No. Uh what's interesting about this is that look at look at little crypto man. We are at the highest levels of power. Congressional hearing for the Fed chair. They're like, "You're going to bail out crypto?" He's like, "No, we're not bailing out anybody, including crypto. They're talking about us, guys. They're talking about us. Good stuff. Our crypto talk post this Robin Hood versus Salana. Dex volume share in the last 24 hours. Salana 23% Robin Hood 19%. Man, it's insane. It is insane. Look at that. Robin Hood came out of nowhere and it's already taking 20% of the 24hour spot decentralized exchange volume. That is crazy. Now, Hyperlink is down here at 3.4% because Hyperl is primarily a perex. People trade spot there too, but it's not known as a spot exchange. It's a perpetual swaps exchange. So that will be a much higher position. Just FYI. But anyway, Polygon BSC, look at this. Even Bass, Bass, ah man feels old now. Ethereum crazy. Salana still remains dominant, but Robin Hood, man, the story of the town, isn't it? Salana here once again sitting just at the gosh darn 50-day EMA. Come on, man. Now, what I do like about the current structure is that it is playing out that we had, of course, the breakout. We had our first higher high, higher low, higher high, higher low. I want to see us stay above the 20 and 50-day EMAs. That would be nice to see whether or not that's how things play out. Well, I guess we're going to find out next few days. I am currently long on Salana based on that exact thesis. Let's see what happens. Cash Cat, they took the cat back out and shot it. Apparently, Cat Cat pulled back 50% from recent highs. I had this feeling yesterday. I was looking at the charts like, man, is this going to be one of those one of those deals where you get one of these giant pullbacks on this thing? Also, there's this platform called Knoxa, which was the launch pad for uh new meme coins launching on the Robin Hood chain. I guess it rugged or the website was down or it's offline. I don't know exactly what the heck happened, but anyway, that took some of the wind out of the sales of the Robin Hood trade in the short term. Now, look, I think if Robin Hood's going to stick around and Cash Cat's going to remain the meme of the blockchain, then 50% pullback like this is cool and normal. In fact, a 60% drawback. It's crypto, man. I just just look for a quick 60% drop on this thing. 60% pull back to right right around this 80 to90 million market cap range. Well, that's this really the only level of support on this coin except for zero. Okay. Okay. You know what? There's there's strong support at $8 million, guys. There's another 90% drop. I'll go way back down here. Only 97% drop. I mean, that's that's meme coins. They do that. But if this thing is going to bounce, if this thing is going to be the mascot of Robin Hood chain and go on to greater glory, then it needs to bounce around the sort of 80 to90 million level. Maybe it bounces now, maybe it bounces sooner, but a pullback to this level would be totally normal. It's a meme coin, guys. It literally is just a picture of a cat. That's it. This ugly cat right here. That's all it is. Now, if it does pull back here and it does go on to greater glory, then potentially interesting spot to get into. Uh, also, I'd watch for the 4hour MACD to flip over with a bull cross, which has not happened yet. That might signal signal a uh higher fidelity entry on that. There you go. Okay, unis swap. Unis swap pulling back a little bit. We did have this retest here of the uh previous resistance flipped into support. Can it come back down and touch it again? You bet your bottom dollar it can. It certainly can. Will it? We're going to find out pretty soon. But overall, it remains in a nice uptrend pulling back a little bit here. Be totally cool and normal. You want to see this, of course, break above the 200day EMA. Of course, we shared our report on this. So, if you are an inner circle member, are you in the inner circle yet? Why are you not in the inner circle yet? There's a link down below. 7-day free trial. So, if you're an inner circle member, you got our report on unis swap back here and you got our trade alert on it here at $2.90. Members were in. They printed money. Just saying. Link down below. Okay, shameless self promotion over. Continuing lighter is an interesting one. So, as beta bets, if you don't want to play like the memecoin gambling game, which I totally get. Geez Louise, the amount of people losing money in meme coins on Robin Hood right now is epic because everybody wants to talk about the big winners. Not many people want to talk about the losers, which is the vast majority of meme coins that launched on Robin Hood. Anyway, if you want to find beta plays, of course, you can get unis swap, which is a beta play. You can get lighter. Now, lighter right now is an interesting spot because I think if it breaks out here above $2.75, that's a long. You can see we've had multiple areas where that price is stopped out right there at 275. So, if it gets above that and breaks out higher, this is a very interesting move. So, if the price continues to consolidate here and does break above that, that's the long signal and I'd probably go long on it at 275. That being said, I don't see a trade necessarily right now, maybe a pullback to this line could be in order and might be actually a pretty healthy move here for Lighter in the coming days. We'll keep an eye on that, let you know. Wise advice posed to this 57 billion pump worth $90 million unlocked to 121 team and investor wallets. Despite that, pump still trading higher. Bullish unlocks. Bullish unlocks are back, baby. Let's go. That's an interesting thing because usually in a bare market stuff like this is very very bad news. Bad news is bad news and good news is bad news. Well, had a nice little pump off it. What's interesting right here currently is that the price has come back up to a very very critical area of previous price support. You see here support one two three four five six times approximately has acted as support and then one two three times is acted as resistance. So this area of 0.01 016 0.017 right in that zone is the most important level right now for pump. If we close above that level above 0.017 0.00 two zeros gosh darn it 0.0017 then this could be so back and we could be ready for some longs on this. Right now we're right in the resistance. So now I would not be longing pump. I've got spot pump. That's a different story, but I would not be longing this right now into this very obvious area of price resistance. You get above it, then we got something to talk about. Just posted this on Jaitto. What could 100% of JTX uh revenue mean for JTO buybacks? Salana Dex and Per market did over 107 billion volume last month. JTX enters a better execution edge via JO BAM. If it captures captures a 6 to10 billion in 30day volume, which is conservative base case at a speculative uh 0.04 to 0.05% 05% blended fee that would generate $2.4 million to $5 million in monthly fees. 100% that in the JTO buybacks that's 29 to $60 million in annualized fees. Not bad, man. Not bad. That puts it right up there with one of the uh to be a very strong buyback revenue coin. Interesting. Very interesting. That being said, it has pulled back. This was pre-speculation on the fee switch turning on for the JTX exchange. This is the reality and the news being sold, which is cool and normal. Now, what I don't like about the chart currently, I think there's a decent case to go long off of the 200 day EMA. The flip side of that is that we have now lost this trend line. Bearish underside retest on the orange line and on the 20-day EMA. So, for me, I'm not getting into a trade right now on this. I'd like to see it at least get back above the 20-day EMA before I would go long on Jaitto personally. If you're not subscribed to the channel yet, subscribe to the channel. It's actually free. Did you know that? It's free to subscribe. Link down below. Go [laughter] subscribe. Okay, real quick. Now, a few stock stories. So, CPI dropped to a three-month low. Rate hike odds crashed from 43 to 6%. Bullish. Let's go. No, serious. Let's go. That's awesome. Uh, if only there wasn't some systemic crisis to the global energy markets brewing in Iran right now that could send inflation spiking back up in the next couple months. But hey, we'll deal with that later. Short-term markets loved it. MP says literally the best guy we can ask for. They put him in the heat and he stood on business. So everything we had going on before gets steadily strong pro crypto even as contrarian in the room. Fed chair on top. This is insane. Crypto Eevee wasn't even included before this. Worsh literally just testified he'd rather not bail out everything from the crypto, including crypto. So, this is the guy. This is the guy. This guy's not only not going to cut rates, but he is going to rep for crypto, man. Let's go. NASDAQ still in the middle of the triangle. Again, this is usually a continuation pattern and an uptrend and the expectation, the odds would favor a break to the upside. The downside is also equally interesting. If the Iran situation starts weighing heavily on US equities, then a move back down to the 200 day EMA based off of a breakdown from this would be the target to watch out for. Clean sparks secures 20-year lease with high investment grade global technology company. Let's go. Lease totaling $6.6 billion and contracted revenue of up to 11.6 billion after full extension options. Awesome. Let's go. Let's go. Clean Spark. uh initial pump off of the news yesterday fully retraced now pre-market showing it basically opening up at uh yesterday's uh close not fantastic but I think that somebody like CleanSpark Coreeave Marathon Holdings these are all companies that have very strong potential for the AI wave on the next big round up on the market so I'm holding these positions I got Cleansport I got Coree got Marathon they're all decently ly sized positions. So, let's see if they can play out or not. Armani Ferrante says, "Bot did more volume." So, this is Robo Strategy, the one that gives you sort of pre-market exposure to stuff like Figure AI and Appronic. Bot did more volume on Salana on a Sunday than it did on the NASDAQ on a Monday. Think about that, man. This is the This is the promise of onchain tokenization of assets. We're bringing stocks onchain and it gives people the ability to trade them all the time. And it gives the ability for anybody anywhere to get access to this stuff. And it's a whole sort of parallel economy for stocks where literally we have stocks that are now doing more volume on chain than they do on the NASDAQ. Think about how crazy that is, man. Uh bot also in a big fat triangle here. Nothing really much to report right now until this breaks either way. Either top orange line or bottom orange line. That's where the big move is going to come in for this thing. think robotics trade still massively undervalued. Robo strategy, you know, I've got some I own it as a stock spot positions. Um, I don't know. I still there's still two minds about it. Like, yeah, I got all this pre-market exposure to stuff, but they're going to keep, you know, potentially diluting the stock and stuff like that. So, I've seen that play out before, but we'll see. I think it's an interesting um bet anyway to try to get some exposure pre-market to some of these hot robotic stocks. I wanted to give a real quick shout out Tesla, too. I feel like we haven't talked about the stock in a little while. This is the weekly chart, but look at it. Look at it. No, it's actually pretty crazy because it is still sitting right on the support line of this gigantic ascending triangle. Gosh darn it. Break to either side is going to be an epic move here for Tesla, but it has just kept finding support right at this gosh darn line. Last four weeks actually, it's been sitting right on this very line right here. So, the big breakout targets 500 bucks. It breaks out of 500 bucks and it's going to like 750 800. Might take some profits there. Don't know. We'll let you know. Anyway, that's it. You're awesome. See you. Hi.