Market Selloff Incoming?

Market Selloff Incoming?

Analyzed Watch on YouTube Requested On
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-0.11%
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Entry is the asset's closing price on the publication date. Current is the last close on record.

  1. 01 BTC CRYPTO BUY +0.02%
    Entry $81,483.00 16 Oct 2026
    Current $81,498.00 17 Oct 2026
    Result +$15.00
    vs. index — BTC is the benchmark here — there is no excess to measure
    Surrounding source transcript
    …rall from now to the end of year. I think quarter one's going to be December could be good though. It's hard to say. It really is hard to say. I think it's very foolish to try to sell Bitcoin right now significantly below an all-time high. I think this is still a buy DCA area. Seasonality and midterm elections and all that type of stuff would probably tell you we will go at least a little bit lower, but there's nothing considerably major, you know, that concerns me right now. Market still looks very good in the …

    I think this is still a buy DCA area.

    AI-extracted context I'm more crabbish for the rest of the year. I do it's hard to say. I do think I do think we consolidate overall from now to the end of year. I think quarter one's going to be December could be good though. It's hard to say. It really is hard to say. I think it's very foolish to try to sell Bitcoin right now significantly below an all-time high. I think this is still a buy DCA area. Seasonality and midterm elections and all that type of stuff would probably tell you we will go at least a little bit lower, but there's nothing considerably major, you know, that concerns me right now. Market still looks very good in the macro.

  2. 02 SOL CRYPTO BUY -0.34%
    Entry $104.79 16 Oct 2026
    Current $104.43 17 Oct 2026
    Result −$0.36
    vs. index −0.3% BTC +0.0% over the same days
    Surrounding source transcript
    …n. So, I think one of these two scenarios is more likely based on seasonality and kind of what we're seeing. You know, probably you correct a little bit more at least and then you kind of recover. So, I mean, in the grand scheme of things, great buy here at $100. Obviously, heavily discounted. I mean, so yeah, it looks good overall. >> What is your pick for this bull run if you're looking you're and I only want two altcoins. I know you're going to pick ETH and Bitcoin, so throw those out. Two altco…

    great buy here at $100.

    AI-extracted context I think one of these two scenarios is more likely based on seasonality and kind of what we're seeing. You know, probably you correct a little bit more at least and then you kind of recover. So, I mean, in the grand scheme of things, great buy here at $100. Obviously, heavily discounted. I mean, so yeah, it looks good overall.

  3. 03 CRCL NYSE BUY +0.00%
    Entry $82.22 16 Oct 2026
    Current $82.22 16 Oct 2026
    Result +$0.00
    vs. index +0.0% SPY +0.0% over the same days
    Surrounding source transcript
    …e profits on it. I still had a small position in it. It looks good, man. Yeah. I mean, I like the two-day here. I mean, it could be a little bit premature, but if I had to guess here, you know, it makes sense. Yeah, circle makes sense. Um, you're making me want to buy more of Circle right now. I mean, yeah, you're making me because this is some good momentum here. Three days to confirm on that, you know. Yeah, this looks good. This looks like one of the best things we looked at. You just got to be careful because you're on you'r…

    you're making me want to buy more of Circle right now.

    AI-extracted context It looks good, man. Yeah. I mean, I like the two-day here. I mean, it could be a little bit premature, but if I had to guess here, you know, it makes sense. Yeah, circle makes sense. Um, you're making me want to buy more of Circle right now. I mean, yeah, you're making me because this is some good momentum here.

Full Transcript
Let's get into the market today. We're going to be breaking down everything like Bitcoin, the AI trade, is it time to do it? And we'll also take a look at some of the breaking news. We've got things coming in from XRP, from Circle, Ethereum in general. I think what we're seeing in the market right now is maybe a little bit of a stall. The question is, does this perform by the end of the year? We'll break into all that good stuff with Evan Aldo, who's going to be joining me here in a moment. Before we get started on that, I do want to of course thank our sponsor, and that is Robin Hood. If you guys have not checked out Robin Hood, I want you to do it right now. And that, of course, is just jump over. You guys can trade 24/7 over on Robin Hood. And it's very easy to set up, too. This is something that you can get into ETFs, options, futures, obviously, stocks, and crypto. Uh, this, of course, also has one of the best tools out there in terms of their new advanced trading tools. And if you haven't checked it out, you need to cuz it is one of the tools I think that uh people will be using more and more. So you guys can use our link. It's going to give you up to 200 bucks in a stock of your choosing. So use the link down below and just get started on using Robin Hood. Let's go into it today. And I want to start off with Evan and look at the market in the sense of whether or not we are in the right trade or not. So I want to welcome in Mr. Evan Aldo. How are you, Evan? >> Doing well. Doing well. Always great talking to you, Paul. >> All right. So, the right trade is the question. You could look at many people saying, "Hey, listen. I'm I'm always looking at diversifying or maybe people are looking at pure narrative trades." And if you've been in the AI narrative trade, if you look at the S&P 500, you can kind of see we have been nothing but up for the most part over since March. So when you look at the AI narrative in general, uh Evan, what's your current position right now? Are you still diversified into stocks and crypto and what else? >> So I don't have too much exposure to AI right now. My view is that Bitcoin potentially would outperform or more very likely would outperform AI in general in the second half of this year and potentially over the next two years because Bitcoin has been so depressed against Nvidia. He was down about 94% I think against Nvidia as of June 31st. So that was my consensus. I am pretty still pretty heavy Bitcoin. I have Ethereum. I have a few I took some partial profits on some of the riskier crypto plays because we've jumped up a lot and I was up 100% on certain proxies and certain things. And then I converted a lot of those over into XLE, which is the energy ETF and oil, which I thought that oil and energy would outperform Bitcoin and AI potentially from October to the end of the year. That's why I made that trade. And so far, that's been doing well. Now, I'm planning on converting that back over to crypto, you know, when the time may be right. That may be as soon as a few weeks up to a few months depending on how the momentum plays out. So yeah, >> you've got uh the US issuing fresh Iranian related sanctions. So this could be a scenario right now where we could see the energy stocks and oil in general continue to move. Is there are there other stocks that you've seen within the energy sector? I know this is the ETF side, but what about getting just direct exposure? Something like a Bloom Energy or something of that nature? >> Yeah, there's a few definitely. I mean, you know, the big ones like Exxon Mobile, there's the accidental petroleum one. I think that's done pretty well. That's the one Bergkshire Hathaway owns. So, there's definitely a few. Yeah. >> What? Okay. So, let's take a quick look at Bitcoin on your chart. And first of all, give me an insight because we saw this start to slide down. It looked like it was going to lose 80K. Were you at all worried that we could see a sub 80K Bitcoin? >> Yeah, I think we probably will just based on seasonality and healthy corrections, but that's not like that the worst thing in the world. Generally around this time that midterm kind of correction thing usually you see at least you know 10 to 20%. Usually it's somewhere between 10 and 20%. So 20% which I would say probably your worst case scenario shy of something crazy happening is probably 69k um you could skate by with you know 74k mid70s in all likelihood you probably do come lower and I would say the thing that would and again I mean I think Bitcoin is still at a pretty good price 82k. I mean I wouldn't sell my Bitcoin. I'm not selling my Bitcoin here, but I think that you may get kind of some trigger waves or something on the two day similar to kind of what you saw back here. So, you may come down a bit more into midterms and then into maybe end of year 92K or quarter one next year. So, something like this kind of the healthy correction area um is I think you know the kind of the most likely scenario. So, some consolidation nothing too too bad. So, yeah. >> Okay. on that uh point with Bitcoin, you've got customer or people out there right now that are considering maybe buying Bitcoin for the first time. Is this the place to buy it right now or do you feel like we could see something closer to this midterm election that could push Bitcoin lower to where it could create another entry point? >> Yeah, I mean I think if you're you know the type of people that don't have any Bitcoin right now, I I think it's kind of foolish to try to wait. I I would at least try to kind of DCA right now. In all likelihood, you will see, you know, something a little bit lower than where we are right now. But keep in mind, you know, if you're somebody who is, you know, waiting at 60K and didn't get in when, you know, we were at peak, you know, extreme fear and all those things and now you're waiting now, like it's kind of like, you know, the 60K area was pretty obvious. The low 60s was pretty obvious if you're looking at fear and greed and history. Now is still a good place. So DCAing from now until end of year makes a lot of sense, especially if quarter 4 >> has more weakness as it typically does in these midterm election years. >> Before we get into Ethereum, I want to take a look at this right here uh because I think this might surprise people uh a little bit and that is what's going on with Tom Lee because this guy just will not stop. He is absolutely I mean come on 5,000 he's he's still calling for 5,000 end of year on ETH now chart ETH for me and tell me this makes sense to you or does it? >> Yeah he he makes sailor sound very bearish here. I mean yeah you know in all likelihood you do your typical kind of correction. I mean, I guess there's a possibility we could skate by with a $2300 bottom, but I think somewhere between 2,000 to 2100, you'd probably hit these areas and then into the end of the year, hopefully recovering back to where we are right now. Maybe 3K, you know, something like that would be kind of more realistic. I I don't know where Tom Lee really comes up with these numbers. Didn't he say 50k the other week? It feels like they change a bit. Well, no, no, he his long-term outlook is 50K on ETH, >> uh, which I I'm still trying to put my head around. The other Well, part of it is within Fundstrap, but I think his Listen, he's talking his book. For many of you guys that are brand new to crypto and maybe watching our show for the first time, just understand that BMR is nearing in on 5% of the supply of Ethereum when that occurs. and he's even gone on record saying that they're going to stop buying and they're going to continue to just earn performance. I think they're going to start to shifting into some other tokens, probably something like Salana and a handful of others. But Evan, I want to play this video for you real quick because this is is essentially where I think he is looking at the market in general, but you'll understand maybe his thesis behind this. Here we go. >> Yes, good morning, Joe. That's right. I think going into last week's jobs report, the market had been working with a maximum hawkish Fed, one that was going to raise three times, including a 75% chance of an October hike. This jobs report has been softer. Um, we get an inflation report in two weeks for September. It does, in our view, we believe there's these one-offs rolling off. And so I think there's over the next six months softer readings on inflation. And that allows not only the Fed to kind of walk back from its hawkishness, but I think it's going to allow bond yields to actually sort of >> I want to stop stop it right there because he said softer inflation over the next 6 months. Are you in that camp of that we could see softer inflation in the next 6 months? >> Yeah, probably. Probably. I I do think your your yields are getting ready to start to finally head down a little bit. >> Look at the 30-year there 5.6 >> 10 year holding at 5.283 and uh the 5year at 5.0 57. So, >> I mean, this would and I talked to Rebecca Waler yesterday and she, you know, off camerara her and I were kind of going back and forth and she said a lot of investors are now looking at these bonds as an alternative. The problem, and she pulled this out in the episode we did yesterday that I think a lot of people miss. If you don't take that bond to maturity, you end up losing money on these deals rather than if you're out there trading in the market. So, just be aware of that. If this is a rotation going into bonds versus maybe holding into other assets including risk, uh be very careful with that. Now with him saying that is that inflation could get softer. You think it can listen to the rest of this. Here we go. >> Normalize because there the inflation sort of uncertainty starts to ease. And I think there's a lot of clues cuz I think tech stocks making new highs and crypto doing so well. These can't do well in the face of tightening monetary conditions. So I think that they're anticipating easier financial conditions ahead. >> So you're reading the tea leaves in in different uh markets for what's going on. That would be significant. Tom, so you you think what when you said yields will normalize, what do you think a normal yield? >> All right. So yields are going to normalize. uh he's basically saying this is going to be a little bit less pressure from the Fed and it looks like right now there's going to be a no change coming this month in October. How much of an impact do you think that has on crypto broader markets? So a lot of times when you see a change or a change from what they've been doing the last one they obviously raised. If you see a no change I think that's going to be bearish. I don't think it's going to be as bullish as people think. I think it could be bearish temporarily like until after midterms maybe a month based on seasonality. Nothing too bad. Like I said, I'm not that bearish. I mean, I think that they going to go to 69K, maybe retest the weekly 200, which would be in the high 60s, low 70s by the time we hit that. Something like that. You likely would see Tradfi cool off a little bit, too. You you could see a 5 to 10% correction for the S&P 500 between now and end of year. It would make sense with seasonality. And then I think once you get to quarter 4 or the FOMC meeting after um October's F FOMC meeting, then you could start to recover and see see more upside. So yeah, >> well, you look at the general market, Charles Schwab just rolled out Bitcoin and ETH uh for trading with 40 million clients. That 40 million clients, guys, just think about that for a second. Their fees are going on crypto are going to be 75% per trade. That's fairly competitive. And here's the other thing. They've got plans to add Salana avalanche chain link this year. So by end of year you're going to be able to trade any one of those Salana Avalanche chain link Bitcoin ETH which is pretty big deal because even if you compare that to other Tradfi exchanges out there something like a Fidelity this has been very comp competitive I think in the sense of the market in general. Do you not think Evan that that is going to draw in more traditional finance people into crypto and start to move the market? Yeah, it probably December December and then quarter 1 definitely for the next couple weeks, next month, probably not too much. >> Okay, >> I would say >> when you look at Okay, so let's chart ETH for a second because this is and I want to I want to go past year end here. Here we are midocctober. Uh you're basically 75 days out. When you look at Ethereum in general, where do you point this year end and Q1 now? So yeah, year end I would say well I would say temporarily like from now to midterms a little bit lower. We could get away with this bottom year end probably where we are right now if we're lucky maybe 3,000. Now here's where it gets interesting. Quarter 1, quarter two hopefully 4,000. I'm looking at some big you know kind of upside 4,000 could be our quarter 1 February March if we're lucky. Then quarter I think 2027 is going to be a good year. Go ahead. >> What's your thesis for that? right now because you have Paul Tudtor Jones calling for a really bad 2027. Now granted he's talking about tradey markets. Uh you have Tom Lee saying we're going to get the biggest, you know, face ripping, you know, bull run we've ever seen. What's your thesis on why ETH could see a new high in Q1? >> So seasonality number one once you get through that correction and the fundamentals are pretty good on ETH, you know, like you mentioned SWAB and a lot of money potentially going into it. So those two things also I mean usually those are two different extremes. You know Tom Lee that's extreme bullish Jones that's you know very like it's usually somewhere in the middle like it's usually bullish but not as crazy as you know people think. So >> that would be the the main consensus I would think. Yeah. >> Let's do uh a round of uh of potential tokens for people. Um one I want to take a look at has been unis swap. This is a trade we've been in and out of. Uh but unis swap has pulled back here recently. You look at unis swap holding at 740 right now. Uh this thing was trading above 10 bucks had spiked up to what was almost uh what was it? Yeah, just a little almost $11. Is this a trade you would make right now? Would you make a unis swap trade today? Uh potentially. You know, I'm waiting probably I'd probably give it a few more weeks. The thing that I'm waiting for is kind of this two-day right here. So, see this trigger wave that formed? This is momentum wave, you know, kind of a momentum shift and we saw it right here and that was a big jump up after this correction. So, we could have gotten away. You know, this is enough where we could have potentially hit a bottom. Best case scenario, 36%. That's cheaper. You know, for somebody who likes unis swap, this makes sense. I would be a little bit more inclined to wait till this VWAP starts to come up. give it a few more more weeks of momentum potentially around the beginning of November around midterms. So maybe you get one more little drop down or something then you continue forward. But no, I think I think this is good. Pretty good discount. Yeah, I think this is pretty good. >> Okay. Um we talked about the AI trade earlier near protocol hitting all-time high or most recently uh now trading at about $525 and it's been somewhat sideways here over the past few days. Is this something that you would continue to hold if you were holding near? Because we hold near right now. So, this is more for me. >> Do you hold near right here or do you look at an exit, take some profit and um maybe move along? Where would you where would you play near right now? >> Yeah, it's definitely a hold. And I think crypto in general is definitely a hold right now. You're still at a significant discount for anything that's got good fundamentals. I mean, let's look at this. I mean, you're still significantly below the alltime high of $20. 4x just to get >> almost n bucks. >> Long time ago. >> Um, but yeah, I mean, short term, it's likely you see some type of correction, maybe down to four bucks or something of that nature. Probably nothing too too bad though. Um, just based on seasonality, a lot of these things you are losing some momentum. So, I mean, I would be more inclined to look for maybe an entry down here. And that same thing, it's, you know, similar on a lot of these time frames. Once you get kind of an anchor wave, once you lose momentum on the two-day, which you likely will over the next month or something, then get a trigger wave coming up like this, >> that's when things start to look a lot better, especially if you were to come down, maybe high threes, and then that's your quarter for correction, and then you kind of recover a year early next year. So, yeah. >> Okay. Well, with that being the case, you you have two things that could happen. One, we could see a major AI reversal trade that could impact some of the AI cryptos and we could see Bitcoin, ETH, Salana pop off in general. Uh, did you hear Salana got their event cancelled in in China? >> Did you see that? >> Did Yeah, that a little weird, but I I don't know too. Well, they launched and then they took over a building or I don't know how they did it, but uh brilliant marketing on Salana's part, but at the same time, uh the Chinese officials came in and shut it down. Uh which was not surprising. You know, CZ was even commenting on this. I don't know. I wonder if he >> Huh. That's interesting because he kind of called it out that he B&B Binance was not able to get something like that done and that he was surprised that Salana was able to u but you got breakpoint coming up next month in November. What about Salana? Let's take a look there. >> Give me a year-end price for a Salana. Right now it is on the move back reclaiming I think 105. >> Yeah, I mean best case scenario here for your year- end price probably 140 if things go really well. 140 to 150 if things go really well. This is looks stronger than some other things because you have a similar situation here kind of you have that jump up. So if the same things happens, you're looking at 150. Now based on what we normally see in these midterm election years, you know, there's a decent shot you could come down to 97 again, potentially coming down to 90. Um all that would do is probably delay the inevitable of getting back up to 150. These areas, you know, instead of by end of year, it's probably quarter one or quarter two of next year. you know, more extended out if that does happen. So, I think one of these two scenarios is more likely based on seasonality and kind of what we're seeing. You know, probably you correct a little bit more at least and then you kind of recover. So, I mean, in the grand scheme of things, great buy here at $100. Obviously, heavily discounted. I mean, so yeah, it looks good overall. >> What is your pick for this bull run if you're looking you're and I only want two altcoins. I know you're going to pick ETH and Bitcoin, so throw those out. Two altcoins. What's your picks for this bull run? >> Salana could be one of them. And if you look at ETH, Salana versus ETH, that's what came to my mind. It's been outperforming Ethereum. So, as long as you hold these lows here, I do think Salana >> can make can be a bit huge huge player here. Um, in terms of another altcoin, oh man, I'm trying to think trying to think here. Uh >> maybe maybe chain link chain link. All right. All right. >> Maybe. Um that's one I've kept my eye on. As long as you can hold $11, I would, you know, be optimistic on this. So maybe chain link. Maybe >> my uh I have two I still think Uniswap and Jupiter are going to end up being major plays in this neck. Now, those are, you know, considerably different, you know, market caps, you know, than what we're talking about when the top 10. But >> I'm still uh holding positions in both those tokens. And I like both of what they're doing, you know, from an ecosystem standpoint. But more importantly, what I like is the fact that we are seeing real advancement in both of the apps, which is going to increase adoption. I think Uniswap obviously uh picking up on the ETH bandwidth uh or ecosystem and then of course Jupiter uh within Salana. Both those I think could be doing very well for sure. Uh let's talk about this right here and that is the Cross River deal with Ripple. So, Cross River Bank, everybody remembers this is one of the, you know, crypto friendly banks out there, but they're now embedding Ripple uh RLUSD, Ripple's USD stable coin, uh on the XRP ledger into its core banking infrastructure, which is expanding faster payment. Now, I know many of you guys say, "Well, Paul, you just did a video that said, you know, our XR uh R or XRPL is not getting adopted." And and you know, to this point, it still is not. These deals that they're making are great for I think Ripple and maybe long term definitely as we start to see adoption happening. The real question is how long before that occurs when we actually start to see transactions coming in because when you look at the RLUSD stable coin we haven't seen a lot of growth in it and that has been the concern I've had. I love to see these kind of things, but what does that do to the XRP price right now? Remember, Ripple's still holding a ton of XRP, and they divest a certain amount every so often. So, you just have to look at the amount that they're starting to uh sell obviously to fund operations and acquisitions and partnerships like this right here. XRP chart XRP right now and give me a point by end of year. >> Yeah, I'd love to. So XRP looks better than a lot of things right now. You're making a higher low right here. That looks pretty good. Your daily has some potential. Your daily has some potential. Even if you do, I mean, I don't think you're going to go back to that 114 area. Even if you do go a little bit lower here, it's probably going to be some type of double bottom. and your two day is going to save you. So, I mean, end of year, it's tough to say exactly. Maybe$150, maybe a$160. I don't think you're going to break up to, you know, $2 by the end of the year. I think that's more of a quarter one, quarter two type thing. But I think if all goes well, $160 potentially. >> So, okay. Well, that'd be a pretty big reversal, you know, for XRP. Granted, if you were looking at XRP, you know, for the bull run, you know, in potential of playing it as one of your primary tokens or let's say your top five, where would you say it's possible for XRP to go? Do you think it reclaims its uh all-time high here in the next 6 months into 2027? >> Uh so next, yeah, into 2027. Let's see how much that is. I mean, it's not impossible. No, because that's only, you know, a little over, you know, 160%. That's not impossible. So, you know, you would see an upward trajectory in 2027. You see a complete upward trajectory, you know, it's probably not going to be as crazy as over here. But, you know, like a situation like that, that's not surprising. And that would be, you know, from where we are right now, that would be early 28. So, something like that. I mean, probably not an all-time high. Yeah, >> that's more of a quarter 4 thing. early 2028 type thing. It would probably take a little bit of time. Um, so yeah, but I think it could, you know, I would say 240 is definitely a great goal for, you know, next year almost a double in the next 12 months. I think that's a good goal if all goes well. I mean, this thing does this thing moves weirdly. This thing moves crazy at points. So, it's this one's a tough one to predict. I mean, I wouldn't put it I would put I wouldn't put anything past XRP. That's awesome. >> Well, think of it this way, too, because they launched support for institutions now on real world asset perpetual swaps. If we see major institutions going in that direction, which I think we will in 2027, and especially now, cuz remember, I think it's October 20th that the SEC um ends its era for basically open comment on many of the rules that it's citing right now. Once that occurs here in next week, I think you're going to see some big announcements coming from all sorts of of blockchain projects out there because I think at that point everybody will understand, okay, this is the this these are the rules we're playing by and they're going to start launching some projects and you look at perpetual swaps on the institutional level. This this could be I think one was out there was called Veru which is trading on RWI swaps. um that's in a position I think that could really get going cuz you're talking about ETFs, metals, energy, FX, you know, this could be everything. So, pretty crazy stuff and that could definitely affect uh obviously the future of XRP. Another thing that could affect the future of crypto in general is what's happening right now in the banking system. And when you look at the banking system, one of the things that I look at, look outside the US, okay? And I want to show you guys this news right here, which is Deutscha Bank. Uh Deutscha is now preparing for crypto custody. Uh and they're going after Asia. So when you look at Asia being the market here, you're in Asia. You know what's going on over there. >> Yep. >> How do you think Asia gets into a position where it becomes the mecca for crypto instead of >> Probably, you know, it's going to It's going to take time, but because the population is so large in Asia, it's 60% of the world's population is in Asia basically. So, because it's so high and they're getting there. I mean, a lot of these I know it's illegal in China, but a lot of the main cities in China are completely cashless. They're completely electronic payments. So, it's getting there. Now, a lot of these other even countries like Thailand, they're taking initiatives to pay electronically. So, I think it will be within the next 20 years. That's just based on population and based on obviously the the east is trending upward, right? >> Hate to say it, the west is not declining. East is trending upward in the last 20 years. Unless that trend changes significantly, Asia is going to be the mecca of crypto. Yes, absolutely. >> It's going to be a major sh Well, it's why we're seeing so much activity in Japan, Hong Kong, this of course happening in Bangkok, uh which is absolutely on fire. Okay. So you're you've had a chance to talk to people in Asia and many countries. How many countries have you been to in Asia? >> I've been to quite a few. At least five, six, seven. I don't know the exact. >> Yeah, I've been to quite a few. >> What is the what is the street level narrative on crypto right now or their temperature? Is it is it very positive? Would you call it neutral? They look at it as this is the future. Where do you think they stand? >> They're positive on it, man. Definitely positive. You see the BYD electric cars all over. Sometimes you'll have a taxi driver that's looking at a damn chart on his uh on his BYD car on your your $3 Uber, your $3 grab ride. So, yes, I I think overall they're they're they're on board. They're on board. I think man, you know, obviously a lot of people don't have the means to be buying crypto, unfortunately, in a lot of the developing countries, but I I think the people that do have the means, they're they're on board. Yeah. >> Well, that that has always been my question is is what is the affluency level? When you look at the number of millionaires that are being printed in the United States every day, that is millionaires that are going into the market and those are are instrumental I think in in terms of adoption and growth. We don't see those kinds of numbers coming out of Asia, the Middle East, even Europe to a certain extent. The United States leads in terms of printing millionaires. So I guess the the key there is it's just going to be pure population is what you're saying. I I think it's population and I think a lot of the millionaires in the US are mainly because the stock market's done so well. It's a lot of the middle-aged people and I think the younger generations because if you look at younger generations in the US, they overall did not have the opportunities that their parents had. It's the complete opposite in China, Vietnam, really everywhere in in Asia. The younger generations had much more opportunity and a much better life overall than their parents' generation. So, I think those younger generations, I I think Asia is really going to develop a lot and I think those younger generations are going to put money into crypto and those things. And yeah, >> Evan, let's take a look at Circle. Uh, Circle is now pushing into, speaking of new markets, 40 new markets. Um, this is a big deal because it starts to pretty much translate to USDC becoming a global currency in essence and pushing US treasuries, which would support the dollar. If you look at Circle, it's been doing great on the charts, but is this a stock you would go into right now? Would it would this be the one for you? Circle is interesting. Let's take a look at Circle here because Circle's one that I held. I took some profits on it. I still had a small position in it. It looks good, man. Yeah. I mean, I like the two-day here. I mean, it could be a little bit premature, but if I had to guess here, you know, it makes sense. Yeah, circle makes sense. Um, you're making me want to buy more of Circle right now. I mean, yeah, you're making me because this is some good momentum here. Three days to confirm on that, you know. Yeah, this looks good. This looks like one of the best things we looked at. You just got to be careful because you're on you're on some thin ice. these things, you know, sometimes they do crash down farther, but no, this looks pretty good. This looks pretty good overall. Yeah, >> we called that uh that purchase for circle uh back at what? Let's see. Let me see where my chart is. Yeah, right at uh yeah, around $69 was our call, last call um on Circle. obviously had that big day yesterday uh spiking, but definitely coming into a zone right now. I think the question is is does it get back to its all-time high anytime soon? Do you like the an all-time high in uh 2026 or 27? >> This year, no, not this year, but um it's going to take time, man. I mean, you know, it's probably going to be a gradual incline. I mean, usually if you just draw, you know, this is kind of the healthy trajectory. Oh, wow. Yeah. Now, I could >> look at that. Look at that chart. Yeah. >> Yeah. Yeah, it could if you were to I mean maybe next year, you know, middle of next year at the earliest probably. I would say it could mid Yeah, mid to late next year. Why not? Yeah, >> this is one of the bigger plays that uh we are in and have been in for some time and and we're going to continue to ride this one for sure. >> Uh which reminds me, if you guys have not joined >> uh in on our free newsletter, make sure and visit Paul Baron Network. You guys can uh of course get uh into our regular email that comes out to you. It's our full-blown research. We do it here uh on the show, but most of the time we'll re we'll release it to people that are on our list early. So, if you're on the list, you guys can of course uh jump in and do that. Uh it's absolutely free, very easy to join, too. Let me pull up this the site for you real quick and you guys can take a look. But just jump over uh just become a market edge member. It's very easy to do. You get a once uh a week email. If you want to get into our other layers where we actually do some uh calls for you, you can do that as well. Uh we've been, you know, of course giving you some calls and all that good stuff, but you guys can do that. Absolutely easy to do. Uh there's our levels which is Ruby and Forge um which is all of our research for everything that we're doing. Evan, the market right now in in terms of are you bullish for the rest of the year or are you in a holding pattern? >> I'm more crabbish for the rest of the year. I do it's hard to say. I do think I do think we consolidate overall from now to the end of year. I think quarter one's going to be December could be good though. It's hard to say. It really is hard to say. I think it's very foolish to try to sell Bitcoin right now significantly below an all-time high. I think this is still a buy DCA area. Seasonality and midterm elections and all that type of stuff would probably tell you we will go at least a little bit lower, but there's nothing considerably major, you know, that concerns me right now. Market still looks very good in the macro. >> Um, I am very bullish through the end of the year. I think we may have a postmidterm run. Um, so look for mid November into December like you're kind of leading to, but I think we may actually have a very healthy run because I anticipate that there could be some major changes on the front in the Middle East. And I also anticipate there will be some major changes with the Fed's narrative going forward, especially on the outlook for the December FOMC. So be on the lookout for that December FOMC. That's when I think you'll see the term starting to set up. And then also just in general, the bullish nature of what's going on with the SEC and the CFTC make me much more bullish into the end of the year. If you guys want to visit Evan Aldo's uh YouTube channel, you can do that. Just search Evan Aldo. He does Bitcoin trading, macro allocation strategies, all that good stuff. What are you offering right now besides trading tactics? Do you do anything else within your your platform? >> It's a lot of macro allocation. Yeah, a lot of trading. It's mainly, you know, longer term swing momentum swing trading. In addition, for people who aren't really traders, it's macro allocation where you're only doing, you know, one few months. Yeah. Following kind of Yeah. the based on the momentum essentially, building portfolios. So, yeah. >> I love it. I love it. All right, guys. We're going to catch you next week. I'll be back in studio. We've got a lot of new guests coming on next week. So, make uh make sure and subscribe to the channel if you haven't done that already. And we'll catch you guys later. 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.

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