Latest / The Paul Barron Crypto Show / Robinhood Sparks Bull-Run?🚀Technical Analysis with Evan Aldo ​
Transcript
- 0:00Speaker 1: Robinhood is of course in the mix. Now could they
- 0:03Speaker 1: be sparking a bull run that's starting to happen today
- 0:05Speaker 1: we're going to break it down. I've got a special
- 0:07Speaker 1: guest also joining me. Before we get started, I want
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- 0:48Speaker 1: super app out there. I want to bring in Evan
- 0:51Speaker 1: Aldough today because we've got a huge opportunity here I
- 0:55Speaker 1: think where maybe the bottom may be coming to end.
- 1:00Speaker 2: We'll see how that goes. How are you Havan.
- 1:03Speaker 3: I'm doing well. Great to be in Miami. So yeah, hey, we've.
- 1:06Speaker 1: Got a lot of action in the market. One of
- 1:08Speaker 1: the launches this week, actually today, was a project that
- 1:13Speaker 1: we talked about on a previous video. I think it
- 1:15Speaker 1: was on the most recent video we posted called sk Heinex,
- 1:19Speaker 1: and this is a chip maker that we kind of
- 1:21Speaker 1: broke down yesterday. I wanted to get your opinion. Actually,
- 1:25Speaker 1: let me go to a clip real quick, because this
- 1:27Speaker 1: will explain a little bit more why this is going
- 1:29Speaker 1: to be so big for the AI sector and how
- 1:32Speaker 1: it could handle a little bit of rotation of capital.
- 1:35Speaker 2: Take a look.
- 1:36Speaker 4: It's extremely oversubscribed, but finding an opening price for this
- 1:40Speaker 4: dock is going to be tricky. It's going to be
- 1:42Speaker 4: a massive IPO. It'll take up a lot of the
- 1:46Speaker 4: oxygen in today's market, Nicole.
- 1:49Speaker 5: This would be the second largest share sale ever after SpaceX.
- 1:52Speaker 5: Eske Heinex is bigger, cheaper, and closer to Nvidia. It's
- 1:56Speaker 5: cheaper than the American rival in terms of markets five
- 2:00Speaker 5: almost six times forward earnings versus Micron sevens are not
- 2:02Speaker 5: that much, but still, you know a little cheaper. That
- 2:05Speaker 5: discount existed because US investors couldn't easily buy the Korean shares.
- 2:10Speaker 5: Part of the Korean buildout specifically, the company says could
- 2:13Speaker 5: reach seven hundred and twenty billion dollars. None of that supply, though,
- 2:17Speaker 5: arrives before late twenty twenty seven, which keeps the memory
- 2:20Speaker 5: shortage going and record prior prices high intact for now.
- 2:24Speaker 1: The revenue number I thought was a mistake, and it
- 2:27Speaker 1: read so it's tripled to sixty five billion, and it's
- 2:29Speaker 1: going to triple to two hundred and thirty five billion
- 2:32Speaker 1: this year.
- 2:33Speaker 5: Yeah, that's I think the end to this year.
- 2:36Speaker 3: Right. I saw that what they're providing, that's got to
- 2:38Speaker 3: be a mistake. And these were like this run of
- 2:43Speaker 3: the mill ram, So now threem comes true.
- 2:50Speaker 1: All right, So there you go run of the real
- 2:52Speaker 1: mill ram, which of course everybody understands is driving the
- 2:55Speaker 1: AI craze, and of course now it's bleeding over into
- 3:00Speaker 1: almost every electronic out there. Apple of course jumped their
- 3:03Speaker 1: prices up twenty five percent on all their devices due
- 3:05Speaker 1: to this RAM injection. And this is the problem right
- 3:08Speaker 1: now globally, all these companies are scrambling, which is why
- 3:11Speaker 1: you see this launch Right here, I'm showing the chart here, Evan.
- 3:15Speaker 1: I know it's early on this. I don't anticipate that
- 3:19Speaker 1: you would chart this, but this, of course is the
- 3:21Speaker 1: one minute this launch was today. But if you look
- 3:24Speaker 1: at this versus Micron, that would be a good example,
- 3:27Speaker 1: even though it's much bigger than Micron, but it has
- 3:30Speaker 1: a competitive marketplace to Micron. Do you feel like you
- 3:35Speaker 1: are in still in on semiconductors or not. Would you
- 3:38Speaker 1: buy a new stock like this right now?
- 3:42Speaker 6: Probably not generally because there's been a lot of big
- 3:47Speaker 6: momentum shifts on these chip stocks and all that against bitcoins.
- 3:52Speaker 6: So I think that bigcoin, you know, all of these
- 3:54Speaker 6: have outperform Bitcoin like crazy in the first half of
- 3:57Speaker 6: this year, right but I think you may see that
- 3:59Speaker 6: momentum shift in the second half of this year. And
- 4:01Speaker 6: I think that now you got Apple, they already raised prices.
- 4:04Speaker 6: I think a lot of this stuff is already kind
- 4:06Speaker 6: of priced in, so I think that I don't think
- 4:09Speaker 6: this is a bad buy, but I think that a
- 4:11Speaker 6: lot of these IPOs, six to eight months after the
- 4:14Speaker 6: IPO is the magic kind of time to get in.
- 4:17Speaker 6: So I think the second half of this year, I
- 4:19Speaker 6: think Bitcoin is going to be able to perform, Micron
- 4:21Speaker 6: I perform sand disk I performed this one as well,
- 4:24Speaker 6: and then potentially early next year you may see another
- 4:27Speaker 6: shift back towards the semiconductors.
- 4:29Speaker 3: So okay, right now I would just buy bitcoin instead.
- 4:32Speaker 2: Yeah, Bitcoin.
- 4:33Speaker 1: Speaking of that, crypto quant says Bitcoin's recent rebound is
- 4:37Speaker 1: a bear market recovery, not a trend reversal. So this
- 4:41Speaker 1: is something that everybody's kind of been pointing at. Is
- 4:45Speaker 1: this a fake out or is this a full blown
- 4:47Speaker 1: trend recovery? Where do you stand right now on bitcoin
- 4:50Speaker 1: as you chart it for us?
- 4:53Speaker 6: So when I look at my bitcoin chart right here,
- 4:56Speaker 6: you're getting you know, part of all the lines here,
- 4:59Speaker 6: but you're getting kind of this boldive See this is
- 5:01Speaker 6: forming here in your two weeks similar to kind of
- 5:03Speaker 6: what you saw on the bottom in December of twenty
- 5:05Speaker 6: twenty two, So very similar situation.
- 5:08Speaker 3: So if we do.
- 5:08Speaker 6: Confirm that, and you know that may happen by the
- 5:11Speaker 6: end of this month, I think you might be able
- 5:13Speaker 6: to have an earlier bottom. And obviously, you know, if
- 5:15Speaker 6: you don't count the FTX capitulation here, that June bottom
- 5:19Speaker 6: would have been your bottom.
- 5:20Speaker 3: At twenty twenty two.
- 5:21Speaker 6: Bitcoin's always bottomed a little bit earlier, so I would
- 5:23Speaker 6: disagree with that view that this is just a relief
- 5:27Speaker 6: rally and not the bottom. I think this could be
- 5:29Speaker 6: much more. I think this definitely could be the bottom.
- 5:31Speaker 6: Bitcoin looks great right now for the month of July.
- 5:34Speaker 6: Your main technical target that I've been looking at is
- 5:37Speaker 6: right at seventy four K, and I think you might
- 5:39Speaker 6: be able to hit that by the end of this month.
- 5:42Speaker 6: So I think July is going to be really good here.
- 5:44Speaker 6: I'm excited for seventy four K. I think after the
- 5:46Speaker 6: seventy four K, you know, you may see some type
- 5:49Speaker 6: of correction back to retest sixty five in August September.
- 5:52Speaker 3: But then I think quarter four is going to be good,
- 5:55Speaker 3: and I'm excited for quarter four.
- 5:56Speaker 6: I think if all goes well, obviously I don't have
- 5:59Speaker 6: a crystal ball, but if all goes well in quarter four,
- 6:01Speaker 6: by end of this year, I'm looking at ninety two
- 6:03Speaker 6: k more of elongated you know, kind of version of
- 6:05Speaker 6: the sometime in quarter four. Ninety K ninety two K.
- 6:09Speaker 6: I think that's a good goal by the end of
- 6:11Speaker 6: the year. So I'm excited, you know, I'm optimistic.
- 6:13Speaker 1: I think going to go well, so, obviously you are
- 6:16Speaker 1: very bullish here on bitcoin, especially going into the fall.
- 6:20Speaker 1: Bitcoin fell to its second most over sold level in
- 6:23Speaker 1: history on the monthly chart, so the only time it
- 6:26Speaker 1: was lower was December twenty two.
- 6:27Speaker 2: We showed this yesterday.
- 6:29Speaker 1: This could be setting up, to your point, this could
- 6:32Speaker 1: be setting up to a very interesting fall. My question
- 6:35Speaker 1: would be this, do you think because I've had a
- 6:37Speaker 1: couple of anists on here recently that have said they think,
- 6:41Speaker 1: and one of them was Standard Chartered Analysts who thinks
- 6:45Speaker 1: bitcoin could hit one hundred k by the end of
- 6:46Speaker 1: the year, would you agree with that or do you
- 6:48Speaker 1: think it's going to take longer.
- 6:50Speaker 6: I think that's more of a twenty twenty seven goal,
- 6:53Speaker 6: sometime in quarter one, quarter or two of next year potentially.
- 6:56Speaker 6: I think that's a little bit too optimistic, but I'd
- 6:58Speaker 6: rather be wrong and wealthier, so I'll see it wrong
- 7:02Speaker 6: and wealthier.
- 7:02Speaker 2: I like it. Evan, what do you make of this?
- 7:06Speaker 2: Right right here?
- 7:07Speaker 1: We are seeing rate hike odds rising right in front
- 7:11Speaker 1: of us. It's a fifty one percent chance now that
- 7:13Speaker 1: the FED rate hike before twenty twenty seven is going
- 7:16Speaker 1: to happen. The likelihood is now growing and we've got
- 7:19Speaker 1: more discent that is pushing back against holding. What happens
- 7:24Speaker 1: if Kevin Warsh comes in in the fall and gives
- 7:26Speaker 1: a rate hike, how much would that impact crypto?
- 7:30Speaker 3: I don't think that would be good.
- 7:31Speaker 6: It would be more in your bearish case that other
- 7:33Speaker 6: people are talking about potentially a lower low somewhere in
- 7:36Speaker 6: the fifties, you know, maybe even high forties for bitcoin.
- 7:38Speaker 6: But I don't think that's going to happen because the
- 7:41Speaker 6: general pattern that we've been seeing is, you know, you
- 7:44Speaker 6: stop the ceasefire and then you kind of factor in
- 7:46Speaker 6: the price of rate hikes. You get all that fear
- 7:48Speaker 6: and now there's a slight favorite for a fifty to fifty.
- 7:51Speaker 3: But then usually a couple of weeks or a.
- 7:52Speaker 6: Month goes by and then you talk more about a ceasefire,
- 7:55Speaker 6: and then you get less of odds of kind of
- 7:57Speaker 6: rate hikes. I think that Oil's not is going to
- 8:00Speaker 6: probably stay sideways an offer or not come up enough
- 8:03Speaker 6: to really force a rate hike.
- 8:05Speaker 3: I don't think we're going to get a rate hike.
- 8:07Speaker 6: I'm going to go on the more you know, optimistic
- 8:09Speaker 6: path there, and I don't think we're.
- 8:10Speaker 3: Going to get a rate hike.
- 8:11Speaker 1: So all right, so no rate hike on your side.
- 8:14Speaker 1: There's a lot of people pushing against that right now.
- 8:16Speaker 1: A lot of market makers too that think this is
- 8:18Speaker 1: going to happen and are pricing Some are, of course,
- 8:21Speaker 1: are trying to price us in. Let me go into
- 8:24Speaker 1: another area that will and or could have impact on crypto,
- 8:28Speaker 1: and that of course is clarity. You've got twenty nine
- 8:31Speaker 1: days is going to decide whether America gets clear crypto
- 8:34Speaker 1: rules or not. We've got a Senate returning from recess.
- 8:37Speaker 1: Then you got August, which is pretty much where the
- 8:39Speaker 1: Senate's done, so no time to waste here. If you
- 8:43Speaker 1: look at that, then you look at this big departure,
- 8:46Speaker 1: which is Paul Greywall, chief counsel over at Coinbase. This
- 8:50Speaker 1: is a major departure. And I don't know if this
- 8:54Speaker 1: was a asked departure or if this was saying, hey,
- 8:58Speaker 1: I've done my job and you know, moving on.
- 9:00Speaker 2: I don't know we've had Paul on before.
- 9:02Speaker 1: And then if you look at this Clarity Act now
- 9:04Speaker 1: draft nears Senate release. There's a new version of the
- 9:08Speaker 1: Digital Marked Clarity Act, so this could be released as
- 9:10Speaker 1: early as next week. I wonder if there's going to
- 9:14Speaker 1: be some things in there that really start to shake
- 9:16Speaker 1: things up on the idea of what we've been looking at,
- 9:20Speaker 1: which is the issue for what's going on with the
- 9:22Speaker 1: Trump administration and his family on ethics. So I don't
- 9:27Speaker 1: know what would be your odds right now on clarity.
- 9:30Speaker 2: There's the countdown.
- 9:32Speaker 6: Well, I was looking at the betting odds on polymarket
- 9:35Speaker 6: on it and it was a forty percent chance of.
- 9:36Speaker 3: It passing by the end of the year. That was
- 9:39Speaker 3: by the end of the year.
- 9:40Speaker 6: It's probably if it doesn't pass in the twenty seven days,
- 9:42Speaker 6: the odds are pretty slim that it'll pass, and you know,
- 9:44Speaker 6: the lame duck session or you know, after those twenty
- 9:47Speaker 6: seven days. I'm going to take the slightly more optimistic route.
- 9:50Speaker 6: I'm going to say they might be able to pull
- 9:52Speaker 6: it off, maybe just maybe they could pull it off before.
- 9:56Speaker 6: But the thing is, if they do pull it off,
- 9:58Speaker 6: it's usually kind of a price gets factored in. So
- 10:01Speaker 6: things I think will rally will rally. And it's interesting
- 10:03Speaker 6: because that's the twenty seven days, it's early August. I
- 10:05Speaker 6: think we're going to rally into that deadline and then
- 10:08Speaker 6: whether or not the news is good or bad. At
- 10:10Speaker 6: the end of that deadline, the market's going are correct
- 10:13Speaker 6: a little bit, so it doesn't matter in that aspect.
- 10:16Speaker 3: But I'm going to key stay optimistic. I think they
- 10:19Speaker 3: might be able to pull it off. I don't know, though.
- 10:21Speaker 1: It's interesting you say that because there is an angle
- 10:26Speaker 1: on this that actually might prove polymarket wrong. I want
- 10:30Speaker 1: to play a clip for you because you might agree
- 10:33Speaker 1: with someone here.
- 10:33Speaker 7: Take a look I'm saying. Vote wise, I'm like ninety
- 10:38Speaker 7: nine percent sure we're going to have a vote. As
- 10:40Speaker 7: far as passage, I've been at about sixty percent. Some
- 10:43Speaker 7: of that's just got instinct from years of you know,
- 10:46Speaker 7: working in the Senate, being around legislative process, seeing what's happening.
- 10:51Speaker 7: The right people are in the room talking about this,
- 10:53Speaker 7: So that really does make me feel more confident that
- 10:57Speaker 7: we're in the right direction. But whenever people say to me, well,
- 11:00Speaker 7: that's not when I'm reading on polling markets or kelshi Well,
- 11:04Speaker 7: Congress just about maybe two months ago actually banned all
- 11:08Speaker 7: of congressional staff from being on prediction markets. So I
- 11:13Speaker 7: actually think there might be a correlation here between when
- 11:16Speaker 7: Congress said, you know, staff and members can no longer
- 11:19Speaker 7: be on prediction markets, and when the prediction markets started
- 11:23Speaker 7: to not track, what I think is kind of everybody
- 11:26Speaker 7: else's opinion in Washington as to where we are with clarity.
- 11:31Speaker 7: So I think they're wrong on this account. We're going
- 11:33Speaker 7: to have a vote, and I feel like we're gonna
- 11:36Speaker 7: we're going to get there on passage.
- 11:38Speaker 3: Spicy takes.
- 11:39Speaker 1: Sorry, Okay, So one thing I would say to your point,
- 11:44Speaker 1: she agrees with you that it's likely that this could
- 11:48Speaker 1: go through. My point is this, there is no way
- 11:52Speaker 1: you are stopping DC insiders from polling market.
- 11:55Speaker 2: It's that's just what I happened.
- 11:57Speaker 1: These guys are professional inside traders, so they are out there. Yeah,
- 12:03Speaker 1: I don't know, But the point is is that it's
- 12:06Speaker 1: just it's kind of on the bubble right now. So
- 12:08Speaker 1: I'm still on the on the fence because I just
- 12:10Speaker 1: don't trust DC to be honest with you to get
- 12:13Speaker 1: this cross line.
- 12:14Speaker 2: Which is the issue right now.
- 12:16Speaker 1: Though, one thing I do trust is what's happening over
- 12:18Speaker 1: on robin Hood Chain, and this is a big deal.
- 12:20Speaker 1: Robin Hood Chain just flipped hyper liquid index volume. This
- 12:24Speaker 1: is unprecedented and they've done it in less than a
- 12:27Speaker 1: what ten days, So you look at this, and I
- 12:30Speaker 1: can imagine Robin hood is scrambling trying to pull something
- 12:34Speaker 1: off in terms of trying to deal with this market
- 12:36Speaker 1: volume and probably a surprise in general. When you look
- 12:40Speaker 1: at the hood stock as a whole, do you think
- 12:43Speaker 1: the rest of the investment community really understands what's happening here?
- 12:48Speaker 6: Yeah, I mean it's wild, very unprecedented. Like you said,
- 12:51Speaker 6: the hood stock I have always been generally, you know,
- 12:53Speaker 6: more bullish on it. You know, in this rally upward,
- 12:56Speaker 6: you know, you kind of got your correction. It kind
- 12:57Speaker 6: of has followed bigcoin to a certain extent here, and
- 13:01Speaker 6: I think generally you should be good. I could see
- 13:03Speaker 6: it being more you know, sideways crabvish. It bounce around
- 13:06Speaker 6: in too, maybe the end of this year, and I
- 13:08Speaker 6: think sometimes twenty twenty seven, twenty twenty eight, it'll probably.
- 13:11Speaker 3: Break up to two hundred and then hopefully three hundred.
- 13:13Speaker 3: It would be my goal.
- 13:14Speaker 6: So I think it could do pretty similar to Bitcoin
- 13:17Speaker 6: over the next two three years. A two or three
- 13:19Speaker 6: x I think is a pretty good bet for this.
- 13:22Speaker 6: That's what I look at. I mean, I do think
- 13:24Speaker 6: it'll kind of consolidate a little bit, maybe it'll come
- 13:27Speaker 6: down to retest eighty at some point, but it generally
- 13:30Speaker 6: still looks strong. Generally still looks strong. Money flow over
- 13:32Speaker 6: here in your two day looks good. You know, some
- 13:35Speaker 6: may say that, some may be already calling for two hundred.
- 13:38Speaker 6: That could be like probably the most optimistic scenario by
- 13:40Speaker 6: the end of the year two hundred. We just got
- 13:42Speaker 6: to see if it can break through, you know, one
- 13:44Speaker 6: thirty four. So yeah, I'm bullish in robin Hood. Definitely
- 13:47Speaker 6: a long term one hundred.
- 13:48Speaker 2: What percentage growth would that be from here?
- 13:51Speaker 3: That's about a double. That's about a double.
- 13:54Speaker 1: So, I mean that's aggressive in the next five months.
- 13:58Speaker 6: Well, it's high, but if you can break above there. Yeah,
- 14:01Speaker 6: I don't think it's going to hit two hundred by
- 14:03Speaker 6: the end of the year, but sometime next year, you know,
- 14:05Speaker 6: next two, three years, two to three hundred.
- 14:07Speaker 3: You like this stock?
- 14:08Speaker 2: You like this?
- 14:09Speaker 3: I do.
- 14:10Speaker 6: I think robin Hood's going to do well? Man, Yeah,
- 14:12Speaker 6: I think. I mean it is a big what I
- 14:14Speaker 6: if I had guess what's going to happen. I think
- 14:15Speaker 6: it's going to be like this. It's a reject from
- 14:17Speaker 6: like one forty one fifty come back down to one
- 14:19Speaker 6: hundred or something. It's volatile, and then sometime like next
- 14:23Speaker 6: year probably you'll finally rally up to you.
- 14:27Speaker 1: Okay, well, the thing is one thing though that could
- 14:32Speaker 1: change the window here because remember you you look at
- 14:37Speaker 1: the market trading on sentiment, and sentiment usually drives memes
- 14:41Speaker 1: and we've already started to see that on the Robinhood
- 14:43Speaker 1: chain here with cash cat. This was crazy, just showing
- 14:47Speaker 1: an example of how a trader could have basically left
- 14:50Speaker 1: about three and a half million dollars on the table,
- 14:52Speaker 1: leaving too early. And that's the kind of thing that
- 14:54Speaker 1: does happen with cash cat for those of you who
- 14:56Speaker 1: do not know, and we'll you know, talk about it
- 14:59Speaker 1: here in a second. But I want to play a
- 15:00Speaker 1: clip because this will kind of give you a rundown
- 15:02Speaker 1: on it.
- 15:02Speaker 2: Take a look.
- 15:03Speaker 8: Cash Cat on robin Hood is going parabolic, running from
- 15:06Speaker 8: ten million to seventy five mili in the past two
- 15:08Speaker 8: hours after Vlad, the CEO and co founder of robin Hood,
- 15:12Speaker 8: followed the token on x. The lore behind this coin
- 15:14Speaker 8: is that cash Cat was the original name for the
- 15:17Speaker 8: robin Hood app, which you can see Vlad quote tweeting
- 15:20Speaker 8: this post with an image of the cash cat. Back
- 15:23Speaker 8: in April of twenty twenty one, I traded I'm.
- 15:26Speaker 3: So much money in this dumb ass cash cat.
- 15:28Speaker 7: Then now, if Vlad does if Vlad lists this after
- 15:31Speaker 7: I sell, I will, I will.
- 15:34Speaker 3: I can't even imagine what I'll do. But I mean,
- 15:37Speaker 3: I hate this. I hate this. I'm sitting here waiting
- 15:39Speaker 3: for Vlad to do something and he's never going.
- 15:40Speaker 1: To do it.
- 15:42Speaker 2: I think they'll list it.
- 15:44Speaker 7: No, no, j.
- 15:46Speaker 3: I don't know.
- 15:47Speaker 6: It kind of makes them look too much like a casino.
- 15:49Speaker 6: I feel like that's kind of the problem. So if
- 15:52Speaker 6: I were them, I wouldn't. But my guess here is that,
- 15:55Speaker 6: you know, if I was a gambling man, if I
- 15:56Speaker 6: wanted to gamble on this, I would buy right now,
- 15:59Speaker 6: and I would say, at the end of this month,
- 16:01Speaker 6: I would bet that July is going to be a
- 16:03Speaker 6: good month for this. I would buy this dip. Potentially
- 16:05Speaker 6: you're twenty three percent down, and I would hope that
- 16:08Speaker 6: you know, something like this happens and you double or
- 16:10Speaker 6: triple from here into the end of this month, you know,
- 16:13Speaker 6: following this kind of directory.
- 16:14Speaker 3: Which I think is possible. I wouldn't love you.
- 16:17Speaker 2: I love your optimism there.
- 16:19Speaker 1: Evan you're you're pitching me a mean coin that's gonna do.
- 16:22Speaker 3: I'm buy this, I don't think.
- 16:24Speaker 6: But yeah, if I was a gambling man, I would
- 16:26Speaker 6: hold for two weeks, two to three weeks.
- 16:29Speaker 1: Okay, all right, Well, memes are now alive and well
- 16:32Speaker 1: on the robin Hood chain. So we've seen that before
- 16:34Speaker 1: with Slana, and we saw what happened to Slana absolutely exploded.
- 16:38Speaker 1: So eight being the underlying mechanism here across all of
- 16:42Speaker 1: what's happening on Robinhood. And you have Tom Lee kind
- 16:45Speaker 1: of jumping into it right here. Interesting comments from a
- 16:48Speaker 1: former Bank of America guy, and he says, eighth signs
- 16:52Speaker 1: of a tactical bottom holding it around sixteen ninety to seventeen,
- 16:57Speaker 1: needs a decisive rally to eighteen. Do you agree that
- 17:00Speaker 1: eighteen fifty to eighteen seventy six that would be the
- 17:03Speaker 1: rally that it would need to get back to, maybe
- 17:05Speaker 1: an open window around twenty one.
- 17:07Speaker 6: Hundred, yeah, I mean, I mean the big thing, yeah,
- 17:10Speaker 6: I mean the big thing would be breaking above nineteen hundred.
- 17:12Speaker 3: I think that's a done deal.
- 17:13Speaker 6: Two thousands very likely here, this looks great money float's
- 17:16Speaker 6: coming up, you know, bigcoin going up to seventy K
- 17:19Speaker 6: would be equivalent to like this going up to two thousand,
- 17:21Speaker 6: So that's not very hard to pump up to two
- 17:23Speaker 6: thousand here, I think. But by the end of this month, potentially,
- 17:27Speaker 6: if bitcoin at seventy four k, this could get up
- 17:29Speaker 6: to twenty three hundred, which I think is a good goal.
- 17:31Speaker 3: There After twenty three.
- 17:33Speaker 6: Hundred, I think you're gonna see you like an August
- 17:35Speaker 6: kind of pullback or something, probably back to eh, maybe
- 17:38Speaker 6: nineteen hundred, nothing too crazy. And then into end a year,
- 17:42Speaker 6: what I would hope for a quarter four high two thousands,
- 17:45Speaker 6: maybe up to three thousand by end a year potentially
- 17:48Speaker 6: if all goes well. So I'm optimistic on ETH. I
- 17:52Speaker 6: think ETH looks really good right now.
- 17:54Speaker 1: So yeah, all right, so winning on ETH right now?
- 17:57Speaker 1: Do you feel like we have hit the bottom? Is
- 18:00Speaker 1: that your position right now? I hope we'll pull back.
- 18:06Speaker 6: Yeah, I really hope heth hit the bottom, because if
- 18:08Speaker 6: it didn't hit the bottom and you go back to
- 18:10Speaker 6: the April of twenty twenty five lows here, that's bad,
- 18:13Speaker 6: that's not good because there's no forward momentum here. This
- 18:16Speaker 6: is like this is like you'd probably I don't want
- 18:18Speaker 6: this under like fourteen hundred. Like if it loses those
- 18:21Speaker 6: I don't think there's you know, it's probably not going
- 18:23Speaker 6: to make a new all time high in the next
- 18:24Speaker 6: bolt run, unfortunately if it loses those areas. But I'm
- 18:27Speaker 6: optimistic right now and an ETH on versus its bitcoin pair.
- 18:30Speaker 6: Look at that nice momentum shift on your two week
- 18:33Speaker 6: here money flow coming up, so making a higher low
- 18:36Speaker 6: fingers crossed, let's be optimistic. I think ETH should have
- 18:39Speaker 6: bottom hopefully.
- 18:40Speaker 1: Yeah, you've got Hayden kind of agreeing with you right there.
- 18:43Speaker 1: I can't believe I'm the one who has to tell you.
- 18:45Speaker 1: Eth appears to be money on the robin Hood chain
- 18:48Speaker 1: right now, and it's the base pair for trading, which
- 18:50Speaker 1: is intriguing because this is only going to be good
- 18:55Speaker 1: for ETH. So it's burning ETH right now on the
- 18:57Speaker 1: l one to pay data storage fees, which is our arbitrum.
- 19:00Speaker 1: So all this opportunity here right now for ETH. And
- 19:03Speaker 1: you got what's happening with Circle. I mean, it just
- 19:05Speaker 1: seems like the narrative is right for ETH right now.
- 19:10Speaker 1: Everything is coming together. Evan, where do you think this
- 19:13Speaker 1: could go on an all time high in the next
- 19:16Speaker 1: bull run for eas so.
- 19:18Speaker 6: I mean that's very hard. It's you know, let's just
- 19:21Speaker 6: focus on I mean, the big place that everybody's hope
- 19:24Speaker 6: for last time was around you know, six thousand to
- 19:27Speaker 6: seventy four hundred these areas. So if we were to
- 19:29Speaker 6: map this out, like you know, by twenty twenty nine
- 19:33Speaker 6: or endo twenty twenty eight, my go would be seven thousand,
- 19:36Speaker 6: hopefully a nice to all time high. I mean, if
- 19:38Speaker 6: you want to be really really optimistic, maybe just maybe
- 19:41Speaker 6: ten or eleven thousand. But there's a lot of roadblocks
- 19:45Speaker 6: and other plenty of stuff we got to deal with.
- 19:47Speaker 6: I mean, we need we adjusted for inflation. We didn't
- 19:49Speaker 6: even make a new all time high since November of
- 19:51Speaker 6: twenty twenty one, so that's an issue. But I think
- 19:54Speaker 6: eth is a good play right now.
- 19:56Speaker 1: Definitely, another one we're watching very closely that obviously is
- 19:59Speaker 1: really to this is unie Swap. Uniswap now TVL on
- 20:03Speaker 1: Robinhood app chain has surpassed thirty million, so they're on
- 20:06Speaker 1: the move. This is a chart to watch if you
- 20:09Speaker 1: look at uniswap. This is one that we're holding and
- 20:12Speaker 1: we continue to look at this chart. It has been
- 20:14Speaker 1: performing pretty well along with things like Jupiter, et cetera.
- 20:19Speaker 1: Explain to me what you think UNISWAP could do maybe
- 20:23Speaker 1: over the next six months.
- 20:25Speaker 6: So yeah, I mean the next six months looks good, man.
- 20:27Speaker 6: I mean it's you know, when you look at this area,
- 20:29Speaker 6: just a nice kind of bubble pop pattern and then
- 20:32Speaker 6: you're kind of jumping up. So in to end a
- 20:34Speaker 6: year five you know, five to seven dollars, you know,
- 20:38Speaker 6: right here, you got five sixty five sixty to this
- 20:41Speaker 6: big area right here, and this is the price that
- 20:43Speaker 6: it really has been at for the past like five years.
- 20:46Speaker 3: Now.
- 20:46Speaker 6: Essentially this just middle seven dollars price. From a long
- 20:50Speaker 6: term techno perspective, this thing's been in a bear market
- 20:52Speaker 6: for the last five years, so that's not really good.
- 20:55Speaker 6: And most things that have been in a bear market
- 20:56Speaker 6: for that long usually don't make me all time highs.
- 20:58Speaker 6: I'm not saying it can't make all time eyes, but
- 21:01Speaker 6: you know, you definitely got to be careful. But and
- 21:03Speaker 6: to the end of the year, I think it'll do
- 21:05Speaker 6: pretty well, you know, hopefully mid sevens I would hope for.
- 21:08Speaker 1: So yeah, Circle is receiving their final US approval. This
- 21:12Speaker 1: will establish them as a crypto focus. Truss Bank so
- 21:17Speaker 1: you've got Circle pretty much dominating. This of course plays
- 21:20Speaker 1: into the eighth component. Uh, and there's an opportunity here
- 21:24Speaker 1: I think also that kind of flows into this that
- 21:27Speaker 1: I will play a clip for you. But when you
- 21:29Speaker 1: see a Circle getting a bank, we know that you've
- 21:34Speaker 1: got Paxos and also Ripple in the running. I'm kind
- 21:36Speaker 1: of curious, out of the three Paxos, Ripple, Circle, which
- 21:40Speaker 1: one do you think actually launches a bank, not the license,
- 21:44Speaker 1: gets the license because most of these have already kind
- 21:46Speaker 1: of moved in that position, which one actually do you
- 21:48Speaker 1: think launches first?
- 21:51Speaker 6: M tough to say. Man, that's so it's either going
- 21:54Speaker 6: to be Ripple or Circle. I would think right one
- 21:56Speaker 6: of those maybe Circle because the news and the hype
- 21:59Speaker 6: and that it's very tough to say.
- 22:01Speaker 3: What do you think, Paul? Any ideas on that? I
- 22:03Speaker 3: wonder I.
- 22:04Speaker 1: Think Ripple's got an inside track on it, but that's
- 22:07Speaker 1: just you know, but Circle is getting some very good news,
- 22:10Speaker 1: and I think they're also strategically aligned very well, and
- 22:14Speaker 1: they're one or two moves away from maybe out flanking Ripple,
- 22:19Speaker 1: and that is something that I think garling House is
- 22:21Speaker 1: probably watching right now.
- 22:23Speaker 3: Yeah, So when you look at circle right here.
- 22:25Speaker 6: This is like a very low risk, high reward opportunity
- 22:28Speaker 6: hitting a major point, kind of the inception point here
- 22:30Speaker 6: from June to twenty twenty five, mid sixties, I think
- 22:33Speaker 6: is great for this, and this could run up potentially
- 22:36Speaker 6: double from here, you know, run all the way back
- 22:38Speaker 6: up to that one hundred marks. So I think there's
- 22:40Speaker 6: a lot of potential here. If it loses sixty dollars,
- 22:43Speaker 6: i'd be less optimistic, But right now we're looking good.
- 22:46Speaker 1: Yeah, well, timing could be right for them as well.
- 22:49Speaker 1: Let's jump over to Ave real quick. You can pull
- 22:51Speaker 1: the chart up. Before we do that, though, I want
- 22:53Speaker 1: to show you something that they're launching, which is the
- 22:57Speaker 1: Ave app, and there's a lot of benefits to this.
- 22:59Speaker 1: There's a huge amount of perks that you can do
- 23:01Speaker 1: within this new app.
- 23:03Speaker 2: Let's go to that clip.
- 23:04Speaker 9: The TLDR is that we're right around the corner. Ave
- 23:07Speaker 9: app is almost here. We already have fifty founding beta users.
- 23:12Speaker 9: Ave app launching very shortly within the next few weeks.
- 23:15Speaker 9: It comes with some incredible innovations, brand new balance protection
- 23:19Speaker 9: program Auve Accounts, which is going to allow us to
- 23:21Speaker 9: vertically integrate the entire system and really minimize the amount
- 23:25Speaker 9: of costs at the infrastructure level so that we can
- 23:28Speaker 9: surface as much apy to the end user.
- 23:31Speaker 3: I have access, Astania has access. It's fully worth the
- 23:35Speaker 3: way I can promise you that.
- 23:37Speaker 1: So all right, there you have ahead and kind of
- 23:41Speaker 1: showing this is going to be a big deal if
- 23:43Speaker 1: for AVE, if they can really pull this off, I
- 23:45Speaker 1: think the key there will be how much you know,
- 23:48Speaker 1: onboarding they can handle to be.
- 23:49Speaker 2: Able to grow the app size.
- 23:51Speaker 1: When you look at the chart, though, this has been
- 23:53Speaker 1: one of those that has really suffered.
- 23:56Speaker 2: Where does it go from here?
- 23:58Speaker 6: I mean, yeah, it really a lot of these things
- 24:01Speaker 6: like I mentioned on UNISWAP. I mean, it's technically still
- 24:03Speaker 6: been at a bear market since twenty twenty one, so.
- 24:06Speaker 3: That's what it has going against it.
- 24:07Speaker 6: But it does look really good, you know for the
- 24:09Speaker 6: next four to six months, since the end of the year.
- 24:11Speaker 6: You know, nice momentum shift right here, you're getting a jump.
- 24:14Speaker 6: I mean it can easily run back up to one
- 24:17Speaker 6: seventy potentially maybe even two sixty if all goes.
- 24:20Speaker 3: Well, which would be a little over a double.
- 24:23Speaker 6: There's a lot that can happen if we look at
- 24:25Speaker 6: previous rallies here, you know, something like this from the
- 24:27Speaker 6: same area. Yeah, by end of year one sixty it
- 24:30Speaker 6: would be a good guest. So I think there's potential.
- 24:32Speaker 6: It looks pretty good in the for the next six months. Yeah.
- 24:35Speaker 2: News on Solana's ecosystem.
- 24:37Speaker 1: You have Backpack launching their first twenty four to seven
- 24:40Speaker 1: brokerage for US equities. This has gone live. They were
- 24:44Speaker 1: also the company that was approved in Mica, which was amazing.
- 24:48Speaker 1: When you consider what is happening within the Salana ecosystem overall,
- 24:54Speaker 1: how would you position Solana versus.
- 24:56Speaker 2: Ethereum right now?
- 24:58Speaker 1: If you if you were investing and you only had
- 24:59Speaker 1: to oh with one, what do you think, man?
- 25:01Speaker 3: I mean, that's that's tough. That's tough.
- 25:04Speaker 6: I mean it depends how much risk you want to take.
- 25:06Speaker 6: So they both look good right now. They both look
- 25:08Speaker 6: really good. Solana probably should be able to jump to
- 25:10Speaker 6: one hundred dollars relatively soon, maybe even by the end
- 25:13Speaker 6: of this month sometime there if you wanted to, I
- 25:16Speaker 6: mean answer that question, I mean Eth versus Solana or
- 25:18Speaker 6: excuse me, Solana versus Eth. Getting a nice momentum shift
- 25:21Speaker 6: right here, and Solana has outperformed Eth, you know, for
- 25:25Speaker 6: the past three years essentially, so if you're following momentum,
- 25:29Speaker 6: this probably would be the choice to take, but be careful.
- 25:34Speaker 6: I mean, and the short term we are bleeding against
- 25:36Speaker 6: the ETH at the moment, but I think it should
- 25:38Speaker 6: continue forward. So I mean, I wouldn't just buy one,
- 25:42Speaker 6: but you know, I hold more Eth than Solana personally,
- 25:46Speaker 6: but I do think there's a good shot that Soul
- 25:48Speaker 6: can out perform Eth.
- 25:49Speaker 1: So yeah, all right, so there you go, and you
- 25:51Speaker 1: got to remember too, this will be a battle too
- 25:54Speaker 1: in terms of just what's happening within the robin hood chain,
- 25:57Speaker 1: which will continue I think to push more availability and
- 26:00Speaker 1: most likely more companies and projects building on robin O chain,
- 26:04Speaker 1: which will be intriguing. Speaking of building though on change,
- 26:08Speaker 1: you've got Gito. Of course, JTX launching very soon.
- 26:12Speaker 2: This is a big deal. We're going to have them
- 26:13Speaker 2: on to talk about this.
- 26:15Speaker 1: But when JTX launches, this could expose a lot more
- 26:19Speaker 1: liquidity into Solana in general. When you look at Gito
- 26:25Speaker 1: in general, how would you first of all, would this
- 26:27Speaker 1: be a token like if you think about what Jupiter
- 26:30Speaker 1: has been able to do so far, very high performing token,
- 26:35Speaker 1: Gito kind of in the same place.
- 26:36Speaker 6: What do you think, Yeah, I mean big momentum shift
- 26:40Speaker 6: that we've seen since February. It's come up a lot
- 26:42Speaker 6: consolidating right now, which is good, kind of a healthy correction.
- 26:45Speaker 6: I do hope this comes down a little bit farther
- 26:47Speaker 6: and gets a nice bounce off of like forty five
- 26:49Speaker 6: or fifty. But I think there's a decent shot. And
- 26:52Speaker 6: keep in mind, this one gets riskier, but there's a
- 26:54Speaker 6: decent shot that if you can keep the momentum, you
- 26:57Speaker 6: would eventually get back up to a dollar eight, which
- 27:00Speaker 6: is like a three x from here. So you know,
- 27:02Speaker 6: if you can hold generally break above and hold seventy cents,
- 27:06Speaker 6: there's no reason why you wouldn't be able to jump
- 27:09Speaker 6: up to a dollar eighty.
- 27:10Speaker 3: So there's some potential.
- 27:11Speaker 6: I do think this is a little bit riskier than
- 27:13Speaker 6: you know, a lot of other things, but a lot
- 27:15Speaker 6: of potential here.
- 27:16Speaker 3: Definitely.
- 27:16Speaker 2: I like it. Okay, very cool.
- 27:19Speaker 1: Just to be clear, because you had a number four
- 27:23Speaker 1: July for bitcoin that I wanted to make sure and confirm.
- 27:26Speaker 1: Can we go back to the bitcoin chart because you
- 27:28Speaker 1: had a number that was about seventy five K I
- 27:31Speaker 1: think you said.
- 27:32Speaker 6: Seventy four seventy four K. So one tegnal targets at
- 27:36Speaker 6: seventy four. I think, like, I think we'll at least
- 27:38Speaker 6: get it to seventy that's very highly likely.
- 27:41Speaker 3: Seventy four is slightly less.
- 27:43Speaker 6: Likely, but I think that's well within the realm of
- 27:45Speaker 6: possibilities by the end of the seventy four K.
- 27:47Speaker 1: So yeah, all right, Evan Aldo, thank you so much
- 27:51Speaker 1: for coming in today. Great to chart with you again.
- 27:53Speaker 1: Glad to have you back in the States. So we'll
- 27:55Speaker 1: probably have you in studio soon. I know you're still traveling,
- 27:57Speaker 1: but we'll get you in studio, okay.
- 28:00Speaker 6: Yeah, looking forward to Oasoner talking to you, Paul, Thanks
- 28:03Speaker 6: so much.
- 28:04Speaker 1: Thank you. If you like this video, hit like and subscribe,
- 28:12Speaker 1: drop a comment down below, and also join our free
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- 28:16Speaker 2: The link is in the description.