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I got to try to short the market.
Contexto "so I got to try to short the market. Got to be fancy. I try to be fancy."
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Just imagine missing what's about to come. The bears got to be shaking right now because the four-year cycle bros waiting for the perfect 40k bottom in October may be sorely disappointed based on the data. We got the latest on Bitcoin for you. We've got Ethereum DeFi to break down. Robin Hood DeFi, Salana DeFi, the hottest thing happening in meme coins right now. They're taking like memes and they're putting stocks on them or kind of like vaguely linking them. Anyway, we got that story. It's going to be interesting. We've got a lot to cover, so we better get the heck straight into it, guys. First and foremost, Quinn posted this one. Imagine getting the chart you spent years praying for and being too much of a [ __ ] to buy it. His words, not mine. Dude, look, it's never comfortable buying low. And everybody gets greedy near the bottoms. I've seen it every single bare market in 2018 when we were at 3K. Everyone was convinced we're going down to $1,000. We had to. who was destined in the charts. Didn't happen. When we got to 15K, everybody said, "Well, now it's got to go under 10K back in 2022. Didn't happen. Got down to 57K." Well, it has to go to 40K just like we saw in 2022 with that kind of big collapse because something something strategy is going to blow up. Something something the end of the world, World War II, all that kind of stuff. Well, guess what? Here we are. $80,000 BTC and the world has not ended. Yeah. Uh, founder of CryptoQuan posted this. The peak of this bull cycle likely driven by institutional money and ETFs outside the US. Korea still has no spot ETF. Nor does Japan or a lot of other countries. These are two of the biggest markets, of course. Plus, if we ever get access for mainland China to buy Bitcoin ETFs, buckle the f up. It's an interesting theory, but there's a lot of money out there still sidelined. It's not just, you know, crypto natives who are rushing back in because they're realizing the 40k BTC in October may not be coming, but it's all the institutional money that for one reason or another is not buying yet because they don't have the right ETF products or like in the USA, they don't have the Clarity Act yet. So on so forth. Woo blockchain post this Black Rockck's Mitchnick says $40 trillion US debt strengthens Bitcoin's long-term case. Black Rockck digested head said rising US debt and persistent fiscal deficits are returning as a core market risk pushing some investors toward alternatives values Bitcoin and gold as federal debt reached 40 trillion $40 trillion. Ah it's crazy. Adam Livingston posted this clock is running out for the four-ear cycle bros the shallowest Bitcoin bare market ever. Now, here is the thing. For those who wanted a perfect repeat of the previous two cycles, had to have the exact percentage draw down, had to have the exact 12-month whatever. Okay, here's the deal. ETFs have changed the game. We had a new all-time high before the Bitcoin having. We've had all kinds of interesting structural changes under the surface. Perhaps this bare market ends up being the shallowest bare market so far in Bitcoin's history simply because the players in the game have changed. Institutional Money saw Bitcoin at $60,000 at $57,000 and bid like crazy. They front run all the guys waiting for 40k. We ran out of sellers. You want to go down to $40,000? You need a [ __ ] ton of sellers to step up. You need some kind of systemic crisis. We had a cold wallet hack. We had strategy FUD all over the timeline. Sailors going to blow up. We had some digital asset treasury companies literally closing shop and shutting up and going bankrupt and distributing Bitcoin back to the holders of the shares and stuff like this. All this stuff happened. The AI trade blew up in Korea. All this stuff happened. Bitcoin didn't go to 40k. So now bears need to find a new crisis in the next five weeks that's going to see Bitcoin drop 50% in that time period. Good luck guys continuing. It's interesting actually. This is uh the inner circle of course if you want to join the inner circle link below 7day free trial. No serious it's awesome. It's awesome. We built these incredible tools for you guys. So this is the Bitcoin chart. You can type in of course any chart up here but we're looking at Bitcoin chart right now. What's interesting current regime strong bully strong trend at the moment. It's interesting this little detail right here over by Yeah, that one right there. Since flip 44 days since we flipped into the bull regime, which happened right here. Now, I missed this because I was uh, you know, busy getting ready to go on summer vacation with the family. But right there, it happened. July 15th, the price of Bitcoin is $64,000. Since then, its price is up 23%. Taking all the guessing out of the game. All you had to do is sit back, relax, wait, and watch for the flip to happen. Boom. Since then, it's up 23%. Not bad. Not bad. I like it. Of course, you will get all these tools when you join the inner circle. Bitcoin currently consolidating in this rising wedge. Now, here's the thing. Go all the way back to the 57K bottom. Boom. There. Yeah, this 7K all the way back to the 6K bot. Anyway, this uh previous bare flag right here that broke down to the 57k bottom maybe. Okay, so we've come up now and hit the exact support line from that bare flag two times. One time here, two time second time today. Very fascinating behavior in the charts currently. If you look short term, we're talking since the last seven days. What are we forming? a rising wedge pattern currently. Now, technically a bearish chart pattern, but we're going to see. We are seeing the MACD slowly lose momentum. RSI is remaining very elevated. We can easily go either way here. And the thing is, we have to wait and see where the breakout's going to happen. Are we going to break above the top orange line? Are we going to break below the bottom orange line? That'll tell us about a $5,000 move implied in either direction. So, it'll be an 82 to $87,000 move if we break out from the top. Tops at 82,000, break 82,000, goes to 87. That's the implied move here. On the bottom, you break down under 79,000, you go down to about uh 74,000 implied. So, we're going to see how this plays out here over the next couple days. is we're running out of time for this uh wedge here. So, let's see how it plays out. Of course, I of course few days of getting bored, so I got to try to short the market. Got to be fancy. I try to be fancy. Anyway, if I if I lose on this trade, I'm only losing a couple hundred bucks. So, or a few hundred dollars, not a couple hundred. Sometimes I say a couple, but I actually mean a few. Anyway, besides the point. This is growing up in Pennsylvania school systems, guys. Anyway, currently $229 in unrealized losses. That's fine. The stop loss on this set is set at 80K, which is extremely close to the price. Currently, the entry on this, as you can see, was $79,270. The target on this is $73,500. We do have Jackson Hole today, which is of course the big the big event for the Fed. Kevin Morris is giving his Jackson Hole speech. Let's see some volatility around that particular move. I would still love to see just for the health of the market a nice juicy retest down here. 20-day EMA retest. Come on, let's go. Boom. Let's see. Anyway, if you want to join trading over on Bit Unix, there is a link down below. You can win some money. By the way, when you click on that link, we got to draw draw some winners here real quick. Let's refresh this page. Draw some winners. Give out some money. That's what we're going to do. Bada bing, bada boom. Got Thursday's winner. Yesterday, didn't do a video. We got to do Friday's winner today, too. Use the link down below here. Okay, go sign up to Bit Unix. This is probably the exchange you've been looking for. If you want a place where you can trade everything in one place, you want to trade crypto, you want to trade metals, you want to trade oil, you want to trade stock index, you want to trade individual stocks like Tesla and Nvidia and stuff, they got it all covered, man. All you have to do, uh, 41544, that's your user ID code. Congratulations, you got a,000 bucks. Boom. Here's the thing. This all runs on native crypto rails, so it's available to anyone, anywhere. All you have to do, click down below, start your account, deposit USDT, and you can trade any markets you want. It's fantastic. Go check it out. I've been trading over here, well, basically since Big Unix started off. Uh, jso at kico.ca. Let's go. Thousand bucks. Congratulations to today's winners. If you want to be a winner next week, you want to claim your juicy thousand slice of the $5,000 weekly giveaway, click on the link down below. Go get it. Deposit USDT. Mega trade. You'll be in to win. Okay. Now, in case you think, gosh darn, I'm so late, man. Bitcoin just went from 57K to 80K. Salana's up from 60 bucks to $110 today. Pumps up 300%. Oh, look at all these Robin Hood memes. Here is the effing Coinbase app. The Coinbase app, not even in the top 50 of Finance, not even in the top 500 of all apps. That means no one gives a [ __ ] about crypto right now. No one's paying attention. It's a lot of crypto native money coming back in. But new money is not coming in. There's no FOMO. There's no euphoria. People aren't losing their minds right now. It's just we've had a nice short squeeze, had a nice move. People are making money on chain. So, the money is starting to flow around a little bit. Few new entries are coming in now. Maybe maybe we can't we can't track Coinbase anymore. People aren't buying Bitcoin, man. They're going to Poly Market and betting on the weather in France or they are going to FOMO app and you know copy trading a bunch of influencers are dumping on them on their sidewalls. But you either way maybe we should be tracking FOMO app or pump fun as uh app rankings to see more clearly because memecoin super cycle you know all that kind of stuff. Anyway, I still think the Coinbase app will be a relevant metric at some point in the future and it is far from showing that there's any sort of overheating going on in the market currently. Even though it might be short-term corrections, we are not reaching any kind of insanity points. Narolf only four categories show clear relative strength right now. Ethereum DeFi, Robin Hood ecosystem, Salonom infrastructure, Hyperliquid, and you can say lighter and stuff like that as well really just lighter. There's a few other competitors out there, but I don't think any's really holding a candle to hyperlquid or lighter right now. Robin Hood ecosystem, everything's on fire in a in a good way. Warm fire, not, you know, burning your building down kind of fire. Salana memecoin infrastructure memes and uh, you know, stuff like Pump Fun, Ethereum Defi, in fact, speaking of Ethereum DeFi, the Athena Foundation posted this today. Okay, so we're so excited. Now, four updates regarding the ecosystem. They bought out early investors. Anybody who sold any single token within the last nine months, they bought them out. The Ethere Athena Foundation have reached an agreement on master framework whereby IP and ownership of value accured by the protocols assigned to the foundation exclusively and governed by token holders and no residual cash flow due to equity investors in the labs entity. Revenue buyback. Governor proposal now live for the implementation of a fee switch whereby net revenue acrewed across all business lines under the Athena brand will be used programmatically to buy back the ENA token. removal of monthly VC unlocks. Pretty damn big news. Market liked it. Now it is up 94% since well last week. Good. Obviously uh this was posted on the 27th of August. The pump started on the 20th of August. Now I'm not going to say that some people knew an announcement was coming, but people knew announcement was coming. Anyway, currently up 94% which again, it's one of those things. I missed the train. Well, still down 80% from all-time highs for perspective. New fundamentals that change the equation potentially for it. Programmatic buybacks is good. Buying out a bunch of the people who are early investors also good. These are positive things, positive elements. We like it. Uh, by the way, speaking of uh, broader DeFi and um, key areas to cover, we actually just did a report for inner circle members, link down below, 7-day free trial, by the way. We just did a report on lighter. This is actually our second report. So, we did a report back in I think it was January, last January. So, we did a report on it, dived into it, and you know, everybody likes the lighter exchange, but the token model was not fantastic back then. Things have changed significantly since that point. But the question is, have the changes under the hood, will they be enough to continue to justify the current valuation? Do we need to see more revenue? All that stuff. Well, we answer all those questions here in our report. Of course, inner circle members get that link down below. But this is the kind of stuff that you will get as an inner circle uh member, these sort of deep dive reports. So the token update I think is a very interesting part of the conversation there. You can of course pause the video and read that real quick. But I think these anything with buybacks, anything sort of cashing in on the revenue model right now is big. And we're seeing some other a new niche form up which we're going to get to in just a second. So do stick with me guys. Hans now was funny again. Saw this here at $5 million market cap. Did not ape in time. Expensive 15 minutes that I decided to do. I don't know, something else with packing a suitcase. Great job, Lark. Anyway, bought it later on. Uh, average into a position sort of around $25 million. Uh, average entry up about 300% on this position right now for pawns. Pawns, of course, is the launch pad for most of the meme insanity that's currently hitting Robin Hood. Daily revenues are strong. $100 million market cap currently. It doesn't seem insane considering it's leading position right now on Robin Hood. Decent pullback. I may even add some more to this position. We shall see. Subscribe to channel. Not subscribed yet. You subscribe. It's free. It's actually free to subscribe. Did you know that's pretty awesome? Salana absolutely ripping, man. All these buys, all these weekly buys back through this zone. I'm telling you, when we're at a $1,000 uh salana here in a year or two, it's going to feel good, man. And I'm just going to smash sell like there's no tomorrow when that happens. Anyway, that's for later us to think about. Crazy pump, beautiful move. 19 August right up to here. Look, bada bing, bada boom. Absolutely ripped. Now, here is the dealio. I love to see the strength that we're seeing above the 200 day EMA. MACD is pumping nice and strong. We got over our area of key price resistance at around $97. Fantastic. This is exactly the kind of strength we want to see here. We want to see a continuation now up to about 120 or so, which is of course previous price support back in this area. That would then be maybe a nice place for a bit of consolidation. We'll see. Or we pull back into this $97 area. Kind of in no man's land right now. like I wouldn't just blindly long Salana right now. It's kind of stuck between, let's say, a rock and a hard place. Either want to retest the hard place or break through the rocks. So, let's see how it plays out here. Carlos posted this. Pump generated $2.47 million in revenue yesterday. Half that, of course, goes to buybacks. Pump Swap also recorded its third highest daily revenue ever. Even with the buyback allocation reduced 50% of revenue, daily buybacks are now back to March levels. Big big numbers, dudes. Do not fade pump fun by any means. Abdul says holding pumps on IQ test. Poly market in talks for fundraising round at more than 20 billion valuation. Pump made 5x Poly Market's revenue yesterday. That's insane. So uh you got to think about this. Pump is just wildly undervalued. And we've all forgotten how to dream in crypto. Everybody's so psychologically scarred from everything that's happened over the last, you know, year and a half. Really, almost two years. We only had a three or four week altcoin season and then it was down only. Thanks, Donald launching [ __ ] Trump. Now, Melaniacoin is really when things ended. Anyway, we've all forgotten how to dream. If you weren't here in 2021, if you weren't here in 2017, you don't even know what a [ __ ] altcoin season looks like. You don't even understand what the pump can happen. Pump Fun is one of the best products. You may not like the casino, okay? You may think meme coins are a cancer. Fine. But it's the casino and you can own the casino, right? And so holding the pump token is a way to express your interest in owning the casino. So if you own the casino, guess what? The casino makes a lot of money every single day. And they plow half that money into buying back their token programmatically off the market. And if they keep up these kind of revenues, then they're going to be buying I mean a crazy and this is this we are still basically in the bare market. I know we've had a great pump recently and it could be the end of the bare market and we this first little green shoots of spring of the bull market. Fantastic. Again, what's Pump Funds rev daily revenue going to be in the middle of a raging bull market? $10 million a day, $20 million a day. Geez Louise, guys. We sent [ __ ] Cardano to a hundred billion dollar market cap and it didn't have smart contracts on it last in 2021. You think pump fund can't go to 20 40 50 billion? Hundred billion dollars? Dream bigger, my friends. Dream bigger. Anyway, currently bull flagging. Let's see if it continues. If it does continue, it's got interesting implication for the price because it's an implied 0.002 move of a breakout here. So that would be imply a move on a break of 0.005 which would be the top of the bull flag sending it up to 0.007 on the downside. If we fail the bull flag formation here, what I'd look for is a retest here around 0.004. I think that would be a juicy spot to go long on a per swap trade for this. We'll see. Otherwise, I think spot accumulation is still pretty interesting. Despite the fact that it's up a lot, fundamentals have g basically never been better. Now, there's a whole new thing going on. We got to talk about this real quick. I know the video is running on a bit. Stick with me. This is very interesting. This is the new thing. Dog coins referenced against the price of stocks. Yeah, I know what you're thinking. This is what Grock had to say about it. Bottom line, it's a meme dog coin whose liquidity is quoted in tokenized Nvidia and whose fees slowly stuff a community stock token pot and shrink supply. So this is about artificial enu AI dog token. So the reference uh is versus Nvidia, right? So when it's basically every time somebody's buying or selling it adds a little more Nvidia to this uh vault and it burns a little bit of artificially new. But as Grock says here the product is the narrative and the pair. There is no AI agent, no Nvidia ownership, no Nvidia partnership. Nvidia has literally nothing to [ __ ] do with artificially new. Okay, just just so you understand. And no redemption of the vault. So even though there's ah let's say there's a million dollars in stocks there. I don't think it's a million dollars. It's 100,000. Let's just say it's a million bucks. Current market cap's like $80 million. So it's like owning the token does not give you a ownership of stocks. Just so you understand. Treat it like any other high beta meme with extra stock token gimmick. Well, that stock token gimmick is worth $80 million. And it went up from just two days ago. Oh my god. Yeah, I saw people posting about this on my timeline. I just thought it was Yeah. What is this? This is ridiculous. Oh, apparently apparently I don't like making money. Geez Louise. Anyway, 20x later went from $5 million to almost $und00 million today. Two days time. People like dogs in Nvidia, I guess. Anyway, it's crazy move here and it's now creating copycats. There are new players coming out, new and you thought there wasn't going to be anything new to gamble on. Oh, sunshine, there's always something new to gamble on. NFTts are making a comeback and now it's NFTTS that get air dropped token that air dropped tokenized stocks. Oh, that's a new thing. We got a new thing going on. Now we have dog coins referenced against hot stocks. We have there's a new Ponzi thing. I can't remember what the name is on um Robin Hood. There's a new Ponzi thing on Robin Hood that basically is like crazy toki Ponzi tokconomics with like mind-blowing yields, but also there's like stocks involved some like this stuff's starting to happen where you have these sort of links being made and it's very very popular and people are pumping it like crazy. Now to be clear that is not a chart I want to rush into and buy. huge distribution will be happening from people who bought at $5 million. Just FYI. That being said, there's always opportunities out there. Now, I put um there's another one on Salana. So, that's on Robin Hood. There's another one on Salana that is getting a bit of attention, and that is Stonk. Here we go. So, uh quick breakdown here. Stonk fun. The narrative is actually solid. Stunk fun is the first major salon launchpad, letting you pair meme coins with real tokenized stocks, preipos, and commodities. They've generated over $500,000 revenue today with $300,000 in buybacks and burns. That's real utility driving real cash flow in a space full of vaporware. Twitter sentiment is bullish. Multiple calls for $20 million market cap. Comparisons to pump at $1.1 billion. And people posting serious P&L screenshots. Salana ecosystems backing this thing hard with mentions at the Salana conference and radium support. top 10 holders got about 20% of supply which is decently centralized uh decentralized for 34 token. This isn't your typical Salana casino token. It's got real revenue institutional backing and narrative that makes sense and the RWA cycle at $15 million is either early innings or something big and something big or a well executed pump waiting for a retrace. The fundamentals suggest the form but in crypto fundamentals and price don't always sync up. Currently $13 million. So this is this is interesting right? There's a lot of interesting stuff starting to form up now. The narrative, whether or not that narrative has legs and juice and really is worth throwing your money into, who the [ __ ] cares? The fact is people are gambling on it and prices are going up. So, the fundamentals for some of this stuff, well, if you can take something and bring it all together, you get revenue buybacks, real world assets, meme tokconomics, all the best stuff of crypto in one place. Anyway, currently I've not bought either stonk or artificially new or my current wallet. My current my current Robin positions are wallet, cash, and pawns. See how those go. Currently, they're all up nicely. We'll see how if that continues. Anyway, you're awesome. Hi.
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