Liquidity Incoming?📈Technical Analysis @EvanAldo

Liquidity is starting to pour into the market today. We'll break it down with you. We've got a special trader on, so we'll get into all of that. You've probably heard me mention Uphold before, and there's a reason I keep talking about them. Uphold makes it incredibly easy to bridge the gap between your portfolio and the real world. This has not been done before. Their Uphold debit card is the best example of that. It lets you spend your crypto or your cash anywhere Visa is accepted, all while earning 4% back in XRP on every purchase. It's the easiest way to stack rewards on your daily spending. Download the Uphold app for more and get started. Let's kind of start off first with a clip because this gets into the potential of where this could be going with especially on the S&P over the next 18 months. Take a look. >> We're going to 10,000 or beyond by the end of the decade. The roaring 20s in full effect. Why? Because earnings are amazing. Evercore this morning, long-term stock market trend continues to be higher. We have the potential for a FOMO driven overshoot. S&P 9000 is attainable in the next 12 months. >> I think you can get to 10,000 in the next 18 months. I think really what's happening as you move towards the end of August is the market's becoming more tactical. Okay? The market is identifying opportunities. That is not a reason to sell. That's actually indicative of a market that is waiting to reacelerate as we move into the fall and broaden out once again. >> Okay. >> All right. So, listen guys, you know me, I'm a perma bull. I believe uh I look at this though in a reality and I just say, okay, there's yes, the earning seasons have continued to perform. At some point though, I think we are going to run into a challenge, I think, with what's going on in the AI stock. So, I thought, hey, let's bring one of our traders in. How are you, Evan? doing well. Great to be on, Paul. Um, man, that that's that's a lot of opium with the S&P 500 right there. >> What do you think about that? That's a that's quite a target, right? So, >> and it's coming from CNBC. >> Yeah. My my main view and that's that's interesting that, you know, I mean, my main view has always been that towards the end of this decade, we top somewhere between 8 to 10K. So, it kind of aligns with that, but 10K that quickly is kind of, you know, that's a little over. Yeah, that's a little bit that's like an third what 30% gain, you know, or 25% gain in that amount of time though. That doesn't Yeah. >> Yeah, that might be the best performing uh period ever, I think. Now, granted, there's a lot happening in the markets, by the way. I didn't want to cut you short, but I do want to make sure everybody knows where to follow you, and that is over on Evan Aldo on YouTube. You guys can catch Evan out there >> doing everything on trading. He also does a great um live stream which teaches you how to use some of these market tools. So, check it out over there. Um, one thing though, Evan, I want to lead off with, you know, beyond that, you look at the US economy, 162,000 jobs in August. This, of course, expectations were at 55K. This was crazy. Uh, way overperformance. Were you expecting jobs to come in this hot? >> No. No. It was high. Unemployment is going down. I mean, we'll see if that can last, but you know, no, unexpected. But the thing is, Bitcoin's still kind of going down. So the market's kind of already factored that in. So that that it's kind of, you know, it doesn't make me change my mind about potentially seeing a correction between now and midterms, which makes sense for seasonality. You kind of want a healthy correction. September and October are going to be more of your bearish months typically um right now. And in addition to that, if we look at the uh the chart here on Bitcoin versus the S&P 500, you know, obviously last time 74% correction downward. This time 61%, you know, correction downward. in this bare market. I mean, the old one was 83. So, you notice the pattern here. It gets less catastrophic every time. I do think when you look at some of these time frames here, your your momentum wave is starting to clip down and it would align with potentially a very healthy correction. And this is Bitcoin against the S&P 500, maybe a 10% drop down between now and midterms. And also, if you look at Bitcoin itself, it would align for a very healthy correction around, you know, 15% down. I'm looking at between now and midterms potentially. um you are losing a little bit of steam. I think it's a little bit early to say if this rally is completely over. You could see some more, you know, wicks upward, but I think a lot of it is over. And when you do get this next VWOP coming down, momentum shift on the daily, that's a bullish diver bearish divergence potentially forming. That could be a correction down about 15% down to some of these areas, maybe even down to 65 between now and midterms. But that's a healthy correction. So, >> okay, so that's with a correction. We had Tom Lee on earlier this week talking about September could be a bullish month. You're telling me that September, October most likely bearish. I don't know which one you guys believe out there. Let me know in the comments, you know, down below if you believe Evan's right or or Tom Lee is right. One thing is for sure, the system's broken. Uh, you know, the system's broken when stocks are falling after the US unexpectedly added this much job growth. And of course, that's the whole point. Why would we see that if we're continuing to see the job market tripling? >> Yes, you are missing something. It actually is that. Did you see the tweet or the Trump true social Trump is now threatening WSH trying to negotiate or threaten him if he doesn't cut rates? So, how does Walsh agree to that? This is some issue. >> Well, I think the issue is is that uh because I agree with Tim. I don't think uh I don't think Trump uh actually understands how the Fed works. If this is actually what he's trying to do, saying, "Hey, we're going to actually threaten to be able to go into countries out there and this has nothing to do, especially on the trading side, has nothing to do with what's happening with the Fed." So, I think you're right. This But again, don't you think the market has seen enough of his rhetoric to not trade it? Well, I think that I think a lot of people there's that seasonality to that September October and if there's the the the fa the betting odds are in favor on Cali and Poly market for actually a hike right now. So, and it's close. So, it's not really factored in when it's like 51 50/50 kind of generally. So, oh man, you know, I I think that seasonality is going to get the best of us here and you're going to see a healthy kind of pullback between, you know, now and midterms. And if you just back test that in your S&P 500, basically every single time since the7s, you generally always see that. So healthy correction. Let's go with that. Healthy correction. >> All right. Well, and there you have it right now on the no change at 49. Now we have a 52% because of what the jobs came in. That's up quite a bit because this was trending down at around 40% just yesterday. And then of course the bump up on jobs. uh now where Worsh has to kind of deal with the data that everybody was concerned about and now it's here. Um you've got also ETFs pouring in right now and it's coming in in a big way. Uh they recorded 863.2 million in net inflows. This was on September 3rd. This is for Bitcoin products. 72 723 million of that. Uh when you look at ETH funds, 140 million in capital. Previous week 447 440 million. Uh, and then the current quarter remains down 340 million. All right, so I want to go into the news really that kind of I think shook some of this. And this is Clarity Act now before midterms is essentially dead. Uh, they're canceling the September sessions. This is only 4 days left until after the until the elections for midterms. So this changes everything around it. But does the market really need it when you look at Bitcoin and even some of these other altcoins trading where they are right now? Evan, is this important or not? >> I don't think it's too important, but you know, I don't have much hopes given that I saw there was a whale bet put $500,000 on the cleric not passing between now and the end of the year, but I don't think we need it just yet. So, it's not that big a deal. I think the main thing is that we're going to keep going up. We probably will, you know, for ETH, for example, we're going to see probably some type of correction down to 3,000. I mean, it's tough to say. You could have a little bit more legs on you, maybe come up to 2,700 before that happens. But in all likelihood, you see a healthy correction between now and midterms. But I mean, obviously, I wouldn't try to time the market. I wouldn't sell my ETH for this. ETH is still in a very good holding position. And your quarter 1 goal for this is probably going to be around 3,100 3,000. I think it's a little bit too optimistic to say 3,000 by the end of this year, but quarter 1, quarter 2, 3,000 absolutely in the cards here. Looking good. >> Okay. All right. So, you like 3K in early 27. What about Salana? How would you play that? right now with what's happening with clarity. >> Very similar to ETH. It's been following ETH a lot. You know, you got your kind of momentum shift right here. In all likelihood, you're going to see some type of healthy correction, maybe down 15%, maybe 20. I like 90 bucks for this. And then after that, your quarter 1 goal probably is going to be around 120. And then hopefully sometime next year, you know, sky's is the limit. 150. We'll see what happens. We'll play it by year. But you do have >> you do have a nice technical target. Okay. It's only at 130, but you do. Yeah. I mean, some people would even argue you could be a little bit more lenient with your technical target. You already broke outward. 150, I think, is a good goal for middle of next year and then maybe even >> middle of next year. 150. Uniswap, another one of my picks uh going forward. What do you think? It has been climbing here in the last few weeks. Where does this stand end of year? So I think like a lot of other things in all likelihood you're getting kind of on your last legs of this jump up and you're you're screaming for a healthy correction would be which would be really healthier. So some type of correction downward. I don't know exactly where maybe down to like five bucks somewhere in the fours maybe and then end a year hopefully kind of recovering and then getting up to that 7 $8 mark in quarter 1 and then sky's is the limit for this. It's tough to say Paul obviously for you know something like this but I could see 12 bucks eventually. Why not? Yeah, I could see 12 bucks eventually sometime next year. >> So, you're still more on the camp that the this next real major next move is going to happen in early 2027. Nothing really toward end of year. I mean, every analyst almost every analyst including I mean I think Tom is Tom Lee's been the most vocal that his thesis is that this is an endofear bull run uh catalyst as opposed to an early quarter one catalyst in 27. You're you're >> I'm a contrarian. >> All right, there you go. >> Yeah. I don't I don't think Tom Lee really is is cares about seasonality and cares about these other things. He's more of a price cheerleader. It's a different >> Yeah. >> different different situation. So Evan, let's go to a clip real quick. This is Matt Hogan and he's talking about why Bitcoin could be a little bit more resilient around what we're seeing in the markets right now. Take a look. You look the big whale of a story is the $40 trillion of debt going to $50 trillion going to hundred trillion. The traditional portfolio of 60% stocks and 40% bonds is 100% fiat currency. You're completely exposed to that. What Besson has said is he'll grow his way out of this thanks to the AI boom. He may be right. We may get that one in a million chance that it plays out exactly perfectly. So own AI stocks. If he's right, you get that. If he's wrong, the other way governments get out of this is by inflating away the debt. In that case, Bitcoin is the fastest horse. So, you want to own that. >> All right. Bitcoin fastest horse. That's the debasement trade we've all been working on probably really since Bitcoin hit 59K. When you look at that and the fact that we have Bitcoin ETFs now showing massive strength, where do you call Bitcoin toward the end of the year, Evan? >> So, yeah, great question. I'll tell you what I think is going to happen. We get a healthy correction, maybe down to 69, maybe down to 65, and then end a year, probably after that, you get a little crabish, bearish, you know, as the economy kind of, you know, shuts down for a little bit around the holidays. But end a year, maybe back to 80, maybe back to some of these areas. I would say the highest I could see end of year is maybe 90 if all go kind of goes well after kind of the correction, but my guess would be around 82. And then your 90 is going to be your quarter 1. That's going to be somewhere between January to March. in all likelihood. So something like this is my my main prognosis here. >> Okay. So you've got a nine toward the end of year or early January? >> January to March would be 90. End of year if I had to guess a number between 70 to 80 probably around where we are right now. >> So kind of flat for the rest of the year. All right. So other things happening of course one catalyst that hit the market was Robin Hood. It jumped almost 17% in overnight best session of the year. uh Wall Street quite a bit bullish here and of course Robin Hood doing a lot in terms of really making this a market run and now they're having a little bit of a challenge at least with Robin Hood chain got paused today. Uh there are some other issues happening around tokenized securities that could challenge this as well. But when you look at the Robin Hood stock, is this one that you would continue to invest in long-term or is this more of a trade and, you know, kind of just do, you know, swing trading on it? Where would you stand on this one? >> Yeah. So, Robin Hood, to answer that question, it's a long-term hold. I think I think this is going to do well for the next few years. I think it's generally going to follow some type of trajectory like this and hit at least 200, somewhere between two to 300, you know, within the next 2 three years. Now shorter term I think seasonality you will probably see some type of healthy correction pull back you know between now and midterms but after that I do think you will continue forward and in 2027 potentially by the end of 27 200 is a good goal. So I think Robin Hood's pretty good. Um does this outperform Bitcoin? Tough to say. Um I think it will perform similar to Bitcoin. I think it will perform similar >> similar to Bitcoin. I like it. Uh I want to go on the opposite side of ETH. Look at BMR. If you look at the the big players out there, you could say BMR, M Micro Strategy Circle. Um, those are plays I think that many people who are looking at at crypto but don't want direct exposure are are doing right now. Where would you put BMR? Obviously, you like ETH for first quarter. Would you follow up with that with BMR? >> Yeah, it's a good hold right now. It's definitely a good hold. The thing I like, I mean, it's obviously hitting a speed bump. You know, this is big resistance around 27 right here. you're probably going to see some type of healthy correction. You're going to form one of my favorite, you know, long-term bullish patterns, which is going to be a nice reverse head and shoulders. And then after that, you're probably going to break upward to a nice technical target, which is going to be Yeah, I mean, you got a technical target probably around at least at 40, at least 3940, which could be a good quarter one goal. 40 bucks. This could run, man. Yeah. >> Evan, I want to go to your watch list for the end of the year. So, if we get this dip, this technical uh dip that you're mentioning right now on almost all the assets, you you believe there's a retracement coming for this, where would you deploy capital if you weren't in the market right now? Top three tokens. >> So, I would definitely be looking at Hyperlid on a dip. I think there's definitely going to be a future of the te tokenized assets that could have a good run for the next few years. Absolutely would be looking at chain link is one I'm keeping my eye on. and I took some profits on that, but that could be a kind of a sleeper hit. And like we mentioned, there's a few things like Uniswap, that could be one that I'm definitely keeping my eyes on right now, too, for um potentially lower risk, high reward. You need a stop-loss, Max, though. You need to look at your Bitcoin evaluations. But yeah, >> Hyperlid had a pullback off of its all-time high again, uh yesterday, was up at 87, back down to 85. Where would be your entry if you were going on on Hyperlid? Where would you be? Would you look at >> Yeah. At least 20% down, which is going to be >> 20 to six low 60s. I would hope for I would hope for >> 60s >> hopefully. Yeah. >> All right. I like that. I like that list. You know, there's a handful of others we'll probably try to get to. We definitely have to get >> another one to have. >> We got to do a buy a buy list for the audience. um especially if this plays out based on what your your thesis is >> because I there could be some other good good tokens for shopping list toward the end of the year. Good Christmas shopping or holiday shopping list uh for tokens. So, hey Evan, thanks so much for coming in today. Uh we'll definitely have you back. >> Yeah, thanks so much Paul. It was an honor. >> If you like this video, hit like and subscribe. Drop a comment down below and also join our free private member group. The link is in the description.