Latest / The Paul Barron Crypto Show / No Rate Cut Crashing Crypto🔥Technical Analysis with Data Dash

Transcript

No Rate Cut Crashing Crypto🔥Technical Analysis with Data Dash · The Paul Barron Crypto Show

• 0:00
  Speaker 1: Let's get into it today. This is going to be
• 0:01
  Speaker 1: a good one because we're going to talk about is
• 0:03
  Speaker 1: the rate cut potentially the saving grace for crypto. Let's
• 0:07
  Speaker 1: just jump right in. I do want to thank our sponsor,
• 0:09
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• 0:11
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• 0:28
  Speaker 1: You guys are going to love it. Let's get into
• 0:30
  Speaker 1: it today. I do want to bring in our analyst today,
• 0:34
  Speaker 1: which course is data Dash. You guys have met Paul
• 0:36
  Speaker 1: Samson before, but if you've never been to his channel,
• 0:40
  Speaker 1: jump over to YouTube and subscribe to data Dash. Okay,
• 0:44
  Speaker 1: just take some time, get over there, subscribe right now.
• 0:47
  Speaker 1: He drops. Are you doing videos daily? Paul?
• 0:51
  Speaker 2: Five days a week?
• 0:52
  Speaker 1: All right, five days a week.
• 0:53
  Speaker 2: There you go.
• 0:54
  Speaker 1: Lots of insights and some great trading analysis to get
• 0:58
  Speaker 1: into it. Paul, welcome in. Let's get into a couple
• 1:01
  Speaker 1: of points I want to jump into. First, we've got
• 1:04
  Speaker 1: the FOMC meeting results that are going to be coming
• 1:07
  Speaker 1: in around two pm. This, of course is going to
• 1:09
  Speaker 1: tell us what the officials are thinking here in about
• 1:11
  Speaker 1: forty five minutes, says, we're recording this. But at the
• 1:14
  Speaker 1: same time, we've got a problem, and that of course
• 1:17
  Speaker 1: is a poly market that keeps being very erratic on
• 1:20
  Speaker 1: whether or not we're going to get a rate cut.
• 1:21
  Speaker 1: What's your opinion right now, rate cut or no rate cut.
• 1:26
  Speaker 3: I think that if anything is going to be twenty
• 1:27
  Speaker 3: five bases points. But yeah, it's I'm with polymarket.
• 1:32
  Speaker 2: I'm up in the air. Honestly, it's hard to call
• 1:34
  Speaker 2: right now.
• 1:35
  Speaker 3: With all the everything that happened, especially with all the
• 1:37
  Speaker 3: government shut down, all the information that was withheld and
• 1:40
  Speaker 3: now coming out and everything along those natures, I don't
• 1:41
  Speaker 3: know if that's going to skew anything. So yeah, I
• 1:44
  Speaker 3: mean it makes sense to where things are kind of,
• 1:46
  Speaker 3: you know, just kind of fifty to fifty ear and
• 1:47
  Speaker 3: I guess in this case a little oliver its place
• 1:50
  Speaker 3: in the sense.
• 1:51
  Speaker 1: Yeah, it has had a big reversal just since yesterday
• 1:55
  Speaker 1: for the no change potential here, even though almost every
• 1:59
  Speaker 1: analyst I've talked to in this last week have all
• 2:03
  Speaker 1: been pushing toward a quarter point, even though they don't
• 2:06
  Speaker 1: know that necessarily will help markets any But that's the
• 2:09
  Speaker 1: kind of idea that they're kind of pushing to, is
• 2:12
  Speaker 1: a quarter point now and back up in January. But
• 2:15
  Speaker 1: of course Trump also announced that he was going to
• 2:17
  Speaker 1: have a FED chair named by end of year. Then
• 2:20
  Speaker 1: you have some other things that he is posting out
• 2:22
  Speaker 1: there in reference to Nvidia, and part of this is
• 2:26
  Speaker 1: all talking about Nvidia's Blackwell chip. So there's at least
• 2:30
  Speaker 1: some narrative where he's saying, hey, I'm propping up the
• 2:32
  Speaker 1: AI industry. The AI industry, though, is having a little
• 2:37
  Speaker 1: bit of a struggle as well, as we see the
• 2:39
  Speaker 1: S and P starting to falter a little bit. I
• 2:42
  Speaker 1: want to go into one more clip to kind of
• 2:45
  Speaker 1: put together this macro puzzle for you and then get
• 2:48
  Speaker 1: your opinion on this. Let's go over to the Scott
• 2:50
  Speaker 1: Bessett talking a little bit more around an insurance cut.
• 2:54
  Speaker 2: Take a look, we have an answer.
• 2:56
  Speaker 4: Do you think from the FED about another cut? Do
• 2:59
  Speaker 4: you think that's where they're going.
• 3:01
  Speaker 2: I hope it's.
• 3:01
  Speaker 4: Where they're going, because when you're in uncertain times, and
• 3:05
  Speaker 4: after what this Schumer shut down did to the economy,
• 3:09
  Speaker 4: I would think that if you're not taking out an
• 3:12
  Speaker 4: insurance cut here, or if you're flying blind, and they say, well,
• 3:16
  Speaker 4: we don't have data, well, if you don't have data,
• 3:19
  Speaker 4: then that's what insurance is for. So I would encourage them.
• 3:23
  Speaker 4: They've gone into a cycle. So let's go one two
• 3:26
  Speaker 4: three and we can see from there.
• 3:29
  Speaker 2: We'll continue to follow up.
• 3:31
  Speaker 1: All right, So a one two three insurance cut is
• 3:34
  Speaker 1: the idea that Besson is pushing. And then of course
• 3:37
  Speaker 1: you've got this statement right here, which is why of
• 3:40
  Speaker 1: the fed's next interest rate move is becoming so hard
• 3:44
  Speaker 1: to predict. First of all, you look at the lack
• 3:46
  Speaker 1: of data. You look at the market pressure that we're
• 3:49
  Speaker 1: seeing right now, even coming from the S and P
• 3:52
  Speaker 1: and Bitcoin. Let's before we go to the next clip.
• 3:55
  Speaker 1: I'm kind of curious. First of all, Bitcoin recovers the
• 4:00
  Speaker 1: ninety k mark and then it just turns right back around.
• 4:03
  Speaker 1: Anything that you're seeing that's indicative of why that chart
• 4:07
  Speaker 1: is moving that way.
• 4:10
  Speaker 2: Yeah, so I was covering this.
• 4:12
  Speaker 3: I'd like to say a couple times here and there
• 4:14
  Speaker 3: with you over the last few months, even all the
• 4:17
  Speaker 3: way back to like the earlier part of this year,
• 4:19
  Speaker 3: where we were in this what's known as an ab
• 4:21
  Speaker 3: equal CD setup, where the timing of this to complete,
• 4:25
  Speaker 3: which is up in this region, and this is a
• 4:26
  Speaker 3: bear setup to begin with, was the end of September,
• 4:29
  Speaker 3: first of October. I think we're actually doing a show
• 4:32
  Speaker 3: on the sixth of October when that original like Reddit
• 4:35
  Speaker 3: post was going around and everybody's looking at that as
• 4:37
  Speaker 3: a high Personally, I thought we'd get a little bit
• 4:40
  Speaker 3: more of a push towards like one thirty, but to
• 4:42
  Speaker 3: be fair, timing was there and this setup and everything
• 4:44
  Speaker 3: along those lines. Anyhow, this setup is very valid at
• 4:47
  Speaker 3: that point. The major target areas of something like this
• 4:51
  Speaker 3: is back to these two regions, which we pretty much
• 4:53
  Speaker 3: had that wick down right away, which was that October
• 4:56
  Speaker 3: tenth liquidation wick. We were holding on here for quite
• 4:58
  Speaker 3: a bit, little bounce back higher, then we lost this region,
• 5:02
  Speaker 3: back tested it right there off to our next area here,
• 5:05
  Speaker 3: and then as you just said, now we've lost that
• 5:07
  Speaker 3: as well. The more aggressive area of this setup is
• 5:10
  Speaker 3: actually all the way back to our tariff flows, but
• 5:12
  Speaker 3: currently right now that area is now acting as just
• 5:15
  Speaker 3: the major resistance at hand. So we had that, as
• 5:17
  Speaker 3: you stated, the little push back up towards about ninety
• 5:20
  Speaker 3: I'd like to say it was right at that level
• 5:22
  Speaker 3: that ninety three three seventy, give or take just a
• 5:25
  Speaker 3: couple of days ago. That's also our yearly open. So
• 5:27
  Speaker 3: that's a really big area for the year to be
• 5:30
  Speaker 3: aware of. Of course, at that point now we have
• 5:33
  Speaker 3: also basically given up all gains of twenty twenty five.
• 5:37
  Speaker 3: Granted it was you know, twenty five thousand dollars move
• 5:39
  Speaker 3: twenty percent, but still, you know, to give all that
• 5:41
  Speaker 3: backup is not a great feeling towards the end of
• 5:43
  Speaker 3: the year here. But yeah, we lost that key region
• 5:45
  Speaker 3: a back test of it now, so that's really big
• 5:46
  Speaker 3: resistance at this point, and so just to get the
• 5:49
  Speaker 3: rejection off of that is just seems the course at
• 5:53
  Speaker 3: the moment. We can break that down a little bit
• 5:54
  Speaker 3: more as we go, but that's the overall, like big
• 5:57
  Speaker 3: macro setup that I've kind of had for quite some time. Again,
• 6:00
  Speaker 3: I was hoping it would get a little bit more
• 6:01
  Speaker 3: of a push. I kind of felt it was a
• 6:03
  Speaker 3: little odd when everybody was truly you know, getting on
• 6:05
  Speaker 3: the same bandwagon. I felt like where everybody's like picturing
• 6:07
  Speaker 3: the four year cycle and the market is over, but regardless, the.
• 6:12
  Speaker 2: Information was there and the areas that we are at now.
• 6:15
  Speaker 3: So yeah, ninety three three is a big one to
• 6:17
  Speaker 3: get back above if we're going to do anything here.
• 6:18
  Speaker 2: Otherwise, more downside is you know, on the docket.
• 6:21
  Speaker 1: So more downside. We already have this kind of hawkish
• 6:26
  Speaker 1: feeling coming out of Wall Street and also coming out
• 6:29
  Speaker 1: of the administration. It seems as though the President's team
• 6:33
  Speaker 1: is really struggling trying to get at least Chair Pal
• 6:36
  Speaker 1: to reconsider and do these kinds of insurance cuts in general.
• 6:40
  Speaker 1: If they don't do it, I'm gonna play a clip
• 6:43
  Speaker 1: for you. But if they don't do it, Paul, what
• 6:45
  Speaker 1: would be the worst case scenario for bitcoin? Do you
• 6:48
  Speaker 1: feel by end of year?
• 6:51
  Speaker 2: Worst by interviere?
• 6:53
  Speaker 3: The worst case is probably back down to those Tara flows,
• 6:55
  Speaker 3: you know, getting back to that seventy four K into
• 6:57
  Speaker 3: the sixty nine twenty one high. So I feel like
• 7:01
  Speaker 3: that and that's about, you know, a twenty percent drop
• 7:02
  Speaker 3: from here. So we've we've dropped about thirty percent almost
• 7:05
  Speaker 3: now over the course of the last six weeks.
• 7:07
  Speaker 2: We've got six weeks left.
• 7:08
  Speaker 3: That just kind of ties into the same amount of
• 7:10
  Speaker 3: you know, downside if we're going to get it. But yeah,
• 7:13
  Speaker 3: I would say that sixty nine and seventy four would
• 7:15
  Speaker 3: be like the worst case. Now, I do have a
• 7:16
  Speaker 3: little bit of a saving grace here around this eighty
• 7:18
  Speaker 3: seven thousand, and we can touch on that here as
• 7:20
  Speaker 3: far as a little bullish outlook, but yeah, worst case,
• 7:23
  Speaker 3: I would say sixty nine and seventy four.
• 7:25
  Speaker 1: So okay, So that I have so many questions about
• 7:28
  Speaker 1: this because it starts to change up the dynamic around
• 7:32
  Speaker 1: cycles and I want to go into that, but I
• 7:34
  Speaker 1: want to play this clip for you because this is
• 7:35
  Speaker 1: Pantera talking about the hawkst stance and why this pullback
• 7:40
  Speaker 1: could position the market a little bit differently.
• 7:43
  Speaker 5: Take a look, is this crypto winter coming early here?
• 7:46
  Speaker 2: Crypto tends to.
• 7:47
  Speaker 5: Have these characteristics at rits on assets, so it's also
• 7:50
  Speaker 5: pulling back on macroaction. And you guys have just talked
• 7:54
  Speaker 5: about the large macro concerns like the AI capex sphere,
• 7:56
  Speaker 5: causing that when we pull back, the figures are on
• 7:59
  Speaker 5: credit around the fence plan for rate cuts. So what
• 8:02
  Speaker 5: we already saw is that a lot of the leverage
• 8:04
  Speaker 5: has been taken out of the bigcoin ecosystem. Recently, sixteen
• 8:07
  Speaker 5: percent of bitcoin is held by institutions, which is up
• 8:10
  Speaker 5: from basically zero percent live cycle. We think bitcoin is
• 8:13
  Speaker 5: going to be increasingly less sensitive to and less likely
• 8:17
  Speaker 5: to have volatility, and over time that that, you know,
• 8:21
  Speaker 5: a thirty percent draw down is actually it will become
• 8:24
  Speaker 5: larger and larger, will feel larger and larger. Over time,
• 8:26
  Speaker 5: we'll see smaller and smaller drawdowns.
• 8:28
  Speaker 1: Yeah, all right, So you look at that, and then
• 8:30
  Speaker 1: you look at this right here, worst Q four for
• 8:34
  Speaker 1: bitcoin in seven years, as you can kind of see
• 8:37
  Speaker 1: the numbers right there, all the way back to our
• 8:39
  Speaker 1: best year in twenty twenty up one hundred and sixty
• 8:42
  Speaker 1: nine percent. So the cycle is is really at question here?
• 8:46
  Speaker 1: Does this just is this in a position where just
• 8:49
  Speaker 1: are we looking at a speed run in twenty twenty
• 8:51
  Speaker 1: six or did we just speed run a bull run
• 8:54
  Speaker 1: and now we've got a bear market brewing up for
• 8:56
  Speaker 1: twenty twenty six. I know your positions a little different
• 8:58
  Speaker 1: on this, So give me your analysis.
• 9:02
  Speaker 3: Yeah, So a big piece of my overall analysis goes
• 9:06
  Speaker 3: back to that housing market, the twenty year cycle, and
• 9:08
  Speaker 3: that we've covered once here before. Not the board, everybody
• 9:11
  Speaker 3: with it all back right now. But the idea behind
• 9:13
  Speaker 3: that is that twenty two thousand and eight was our
• 9:15
  Speaker 3: last you know, major high, and then since then we
• 9:18
  Speaker 3: have entered a new twenty year cycle in the housing market,
• 9:20
  Speaker 3: business cycle, et cetera. Crypto was born in that same timeframe,
• 9:23
  Speaker 3: So I've been kind of gauging crypto is actually printing
• 9:26
  Speaker 3: the first twenty year cycle. And yes it's been a compromise,
• 9:29
  Speaker 3: you know, comprised of several little four year.
• 9:31
  Speaker 2: One so far.
• 9:32
  Speaker 3: And the idea behind that is that twenty twenty six
• 9:34
  Speaker 3: to twenty twenty nine would be the area where we
• 9:36
  Speaker 3: actually get the next sizeable correction in the markets. Now,
• 9:39
  Speaker 3: key point of that is twenty twenty six is in
• 9:40
  Speaker 3: the mix there, so as like a cautionary year for me,
• 9:44
  Speaker 3: I still could see where twenty twenty six could be
• 9:46
  Speaker 3: actually a pretty big year to go forward here. The
• 9:49
  Speaker 3: key is here is just kind of being reactionary at
• 9:51
  Speaker 3: some of these levels. Sixty nine thousand dollars for me
• 9:53
  Speaker 3: for bitcoin is kind of that big line in the sand.
• 9:56
  Speaker 3: If we get under that level, I think that that's
• 9:58
  Speaker 3: and again that's twenty percent from where we are now,
• 10:00
  Speaker 3: so it's forty percent off the high whatever the case
• 10:03
  Speaker 3: may be. So it's a big area to just kind
• 10:05
  Speaker 3: of blindly wait for it to just decide if that's
• 10:07
  Speaker 3: going to be, you know, where you want to d
• 10:08
  Speaker 3: risk or anything.
• 10:09
  Speaker 2: So obviously you need to kind of.
• 10:11
  Speaker 3: Make take the best risk management for yourself. But so far, honestly,
• 10:15
  Speaker 3: I think we're just seeing a regular pullback here.
• 10:17
  Speaker 2: Again, to go back to the.
• 10:18
  Speaker 3: Chart, you know you're looking at, this is one little
• 10:22
  Speaker 3: piece and there's actually a bigger version of this that
• 10:24
  Speaker 3: I can take all the way back to twenty eighteen.
• 10:27
  Speaker 3: It aligns well with that eighty seven thousand dollars region.
• 10:30
  Speaker 3: But for now we're just coming down in normal senses.
• 10:33
  Speaker 2: This is also a.
• 10:34
  Speaker 3: Big region where I had noted for many basically the
• 10:37
  Speaker 3: whole year ever since we got out of this region,
• 10:39
  Speaker 3: is that if we're going to see the next sizeable
• 10:41
  Speaker 3: correction out of bitcoin, which means similar to what we
• 10:43
  Speaker 3: saw right here, sorry, similar to what we saw right
• 10:46
  Speaker 3: here at the inauguration day, similar to what we saw
• 10:49
  Speaker 3: in twenty twenty four, these thirty percent plus little pullbacks
• 10:52
  Speaker 3: that it was going to happen at one hundred and
• 10:53
  Speaker 3: thirty thousand. Now we topped at one twenty six, so
• 10:56
  Speaker 3: so far, nothing's out of the ordinary.
• 10:58
  Speaker 2: I know it's got.
• 10:58
  Speaker 3: People's nerves really rocky here, but to come down and
• 11:02
  Speaker 3: if we can see a little support down here, I'll
• 11:04
  Speaker 3: turn this off and I'll kind of show you the
• 11:06
  Speaker 3: little bullish outlook here that we have now. So I
• 11:10
  Speaker 3: was just looking at a bearish harmonic setup, which is
• 11:12
  Speaker 3: a sequence of fibonacci's and now sorry move that. Now,
• 11:16
  Speaker 3: this is a bullish setup that is not necessarily something
• 11:19
  Speaker 3: that's not that I'm anticipating it to complete for it
• 11:23
  Speaker 3: to be valid. This is actually a valid setup already.
• 11:26
  Speaker 3: So we have what's known as the hop down here,
• 11:28
  Speaker 3: which is an optimized area. So realistically this is really
• 11:31
  Speaker 3: extended right now. But if we can find support, so
• 11:34
  Speaker 3: if Bitcoin finds it's footing down here around eighty six
• 11:36
  Speaker 3: k again, this is more like a region. I'm not
• 11:39
  Speaker 3: going to give it an exact dollar, but if we
• 11:41
  Speaker 3: can really find some footing down in this region here,
• 11:43
  Speaker 3: this really sets us up to run it back again,
• 11:46
  Speaker 3: maybe either next coming weeks. Here, this is probably going
• 11:49
  Speaker 3: to take some time. This is a six month setup
• 11:51
  Speaker 3: that took place, so it's not going to be overnight
• 11:53
  Speaker 3: where we just kind of run it back, but this
• 11:55
  Speaker 3: could set us up for another run back to like
• 11:57
  Speaker 3: one hundred and nine. Realistically there's three of this, but
• 12:00
  Speaker 3: the main one being around this back of one hundred k.
• 12:03
  Speaker 3: So that's kind of the bullish outlook here as we
• 12:05
  Speaker 3: walk into it, not really breaking it down in the
• 12:07
  Speaker 3: sense of just blindly going with four years have been up.
• 12:11
  Speaker 3: It's completely down from here. We definitely have areas to
• 12:14
  Speaker 3: be aware of here. We're coming down into major supports
• 12:16
  Speaker 3: off of that major setup that we were looking at,
• 12:19
  Speaker 3: So you just kind of have to be a little
• 12:20
  Speaker 3: subjective here, a little open minded. But if that again,
• 12:24
  Speaker 3: if it's a place where if the market does come
• 12:26
  Speaker 3: down more because obviously nobody knows what it's going to do,
• 12:29
  Speaker 3: you've got to be able to manage for yourself. You
• 12:31
  Speaker 3: need a d risk a little now and see if
• 12:32
  Speaker 3: it's going to get a pushback up.
• 12:33
  Speaker 2: You still have skinning the game.
• 12:34
  Speaker 3: If it does, and if now you've got dry powder
• 12:36
  Speaker 3: on the side for a go lower, like that's just
• 12:38
  Speaker 3: the best case to.
• 12:38
  Speaker 2: Do at this point.
• 12:40
  Speaker 1: Coin based institutions have been selling for nineteen straight days
• 12:43
  Speaker 1: now no bounce until this recovers. Are you in agreement
• 12:46
  Speaker 1: with that the amount of institutional.
• 12:49
  Speaker 3: Self Yeah, I think that that's a really good signal there.
• 12:53
  Speaker 2: Yeah, that's a you know.
• 12:54
  Speaker 3: The only thing with that, of course, is that these
• 12:56
  Speaker 3: things get reported a little laggy, so of course the
• 12:59
  Speaker 3: abbounds could alread be underway by the time we get
• 13:01
  Speaker 3: that information. But yeah, I would say that that's probably
• 13:03
  Speaker 3: a clear sign there that we're looking for a bounce
• 13:06
  Speaker 3: in that as well as a bounce in the price action.
• 13:08
  Speaker 2: Also, if you look at this chart right here.
• 13:11
  Speaker 1: We put out a tweet this morning, but I want
• 13:12
  Speaker 1: to go to this chart, and you're going to notice
• 13:16
  Speaker 1: here that we are in these have In most cases
• 13:20
  Speaker 1: when we've seen these really inflow evacuations occur, we've had
• 13:27
  Speaker 1: reversals fairly good except for what we're seeing right now
• 13:30
  Speaker 1: in this consistency, especially on ibit. Do you think we're
• 13:36
  Speaker 1: in that kind of position right now where we're seeing
• 13:38
  Speaker 1: the outflows of bitcoin? I mean, even what was it
• 13:41
  Speaker 1: bonds even paying more than what an ETF on bitcoin
• 13:45
  Speaker 1: was paying. So are we at that fatigue point right
• 13:49
  Speaker 1: now with where bitcoin is in general?
• 13:54
  Speaker 3: Yeah, I think that again, we're coming into some really
• 13:56
  Speaker 3: big points of support for one on the chart. Fundamentally,
• 14:00
  Speaker 3: there's really nothing too crazy going on right now. That's
• 14:03
  Speaker 3: outside of just the four year cycle I guess would
• 14:06
  Speaker 3: be the only idea here.
• 14:07
  Speaker 2: But yeah, I mean.
• 14:08
  Speaker 3: We're down a substantial amount, which is so far the
• 14:11
  Speaker 3: entire bull run has been around the average that we
• 14:14
  Speaker 3: come down. Even if we go down to the true average,
• 14:16
  Speaker 3: it was about thirty three ish. That's about that eighty
• 14:18
  Speaker 3: two eighty three thousand dollars mark, so within this region,
• 14:21
  Speaker 3: and then of course you have like we're completely retracing
• 14:24
  Speaker 3: potentially down to these Tarra flows. Yeah, I think that
• 14:28
  Speaker 3: there's no question about that. This is definitely an area
• 14:32
  Speaker 3: compared to where we were that we could see some
• 14:34
  Speaker 3: fatigue come in potentially the bounce kind of come into
• 14:37
  Speaker 3: this region as well. So yeah, I would I would
• 14:40
  Speaker 3: totally agree that with that statement.
• 14:42
  Speaker 1: Well, and I think this would it's very possible. I
• 14:44
  Speaker 1: think that these ancient wallets will probably stop selling this,
• 14:49
  Speaker 1: especially if we get around eighty two, because at that
• 14:52
  Speaker 1: point it's probably like, hey, I'm going to wait this out.
• 14:54
  Speaker 1: I've waited this long, I'm looking for a next leg
• 14:56
  Speaker 1: up and maybe maybe I missed it. I won't say,
• 15:00
  Speaker 1: dare I say they round trip? But then the position
• 15:02
  Speaker 1: where they might be looking at because they're setting on
• 15:03
  Speaker 1: a thousand dollars bitcoin price right that.
• 15:08
  Speaker 2: Yeah, that'd be quite the round trip for all of us.
• 15:11
  Speaker 1: Yeah, let's go over to ETH real quick, because Eth
• 15:15
  Speaker 1: is now officially flipped Bitcoin in terms of share of
• 15:19
  Speaker 1: total supply held by Digital Asset Treasury. So dats are
• 15:23
  Speaker 1: now pushing and we have more Eth in these dats
• 15:27
  Speaker 1: now than Bitcoin holding and that's crazy when you think
• 15:31
  Speaker 1: about that. But you've got a lot there obviously with
• 15:35
  Speaker 1: L two's Dallas Foundations, everybody that's involved in this. When
• 15:39
  Speaker 1: you look at ethereum now sub three thousand as of today,
• 15:44
  Speaker 1: where do you think ETH could drop to? Because we're
• 15:46
  Speaker 1: looking for a zone where I would buy Eth again?
• 15:50
  Speaker 2: What would that be for you?
• 15:53
  Speaker 3: Yeah, So I wanted to bring up I think that
• 15:57
  Speaker 3: last time or the last big rally here as right
• 16:01
  Speaker 3: off the back of the Pectra upgrade, and I think
• 16:03
  Speaker 3: we have another one coming up here soon. And the
• 16:06
  Speaker 3: thing about that is is that where we were around
• 16:09
  Speaker 3: this region, there was a pretty decent little setup here
• 16:12
  Speaker 3: in play, and then of course we got the upgrade
• 16:14
  Speaker 3: basically right here at this little spike up. And currently
• 16:17
  Speaker 3: there's really nothing major in play as far as like
• 16:20
  Speaker 3: a huge bullish setup aside from just coming into some
• 16:22
  Speaker 3: major support. So now to your point, what is the
• 16:24
  Speaker 3: what are the next best areas to look for? One
• 16:27
  Speaker 3: of one area is always going to be that gold pocket,
• 16:30
  Speaker 3: which is a sim simple just fibonacci retlacement from low
• 16:33
  Speaker 3: to the high that's coming in right around this twenty
• 16:35
  Speaker 3: six hundred dollars. Also, you know, we're pretty much touching
• 16:39
  Speaker 3: around that region now this twenty eight ninety, so we're
• 16:41
  Speaker 3: coming back to this previous high. I would almost box
• 16:44
  Speaker 3: that region off as you know, a area of interest
• 16:46
  Speaker 3: as we're coming also with bitcoin down towards those you know,
• 16:49
  Speaker 3: key eighties. So where we are right now is probably
• 16:52
  Speaker 3: not the worst place on top of that, just looking
• 16:54
  Speaker 3: at if you're ever just not looking at a chart
• 16:56
  Speaker 3: and just in the business of buying a you know,
• 16:59
  Speaker 3: Mama always say when something drops thirty to forty percent,
• 17:02
  Speaker 3: you know, put a little risk on the table there.
• 17:04
  Speaker 3: So EITH is now down forty percent here. The other
• 17:08
  Speaker 3: area around this region that i'd look to is I
• 17:10
  Speaker 3: take a look at the overall year as far as
• 17:12
  Speaker 3: where we look for on volume would go. So coming
• 17:16
  Speaker 3: back to the beginning of this year, sorry dragging that
• 17:19
  Speaker 3: over there, we've got our point of control, which is
• 17:21
  Speaker 3: our highest traded area as well, that price is likely
• 17:24
  Speaker 3: to revisit if we're back in the range, which we
• 17:27
  Speaker 3: are very much so back in that region here you
• 17:29
  Speaker 3: can see pretty clearly we re entered it back test
• 17:32
  Speaker 3: and now we're down in this area. A couple of
• 17:34
  Speaker 3: weeks back when we were on here, I'd highlighted how
• 17:36
  Speaker 3: important the thirty three to thirty five hundred dollars level was,
• 17:39
  Speaker 3: and that was when we were basically just you know,
• 17:41
  Speaker 3: sandbagging right here and losing that has been really just
• 17:45
  Speaker 3: the line in the sand to initiate this downward move here.
• 17:49
  Speaker 2: We had a little support hopefully coming in around.
• 17:51
  Speaker 3: That thirty three which was our yearly open, so similar
• 17:53
  Speaker 3: to Bitcoin which just blew through it as well. So
• 17:55
  Speaker 3: again all gains erased for twenty twenty five, sadly.
• 17:58
  Speaker 2: But if we're looking for the next best.
• 18:00
  Speaker 3: Area currently where we are right now is a big
• 18:03
  Speaker 3: one down to about twenty five dollars on ETH.
• 18:07
  Speaker 1: Twenty five hundred target zone for ETH We're going to
• 18:10
  Speaker 1: keep an eye on that one. I also want to
• 18:13
  Speaker 1: talk about Polygon. We had sand Deep on here just
• 18:16
  Speaker 1: the other day. He said they had big announcements. One
• 18:20
  Speaker 1: of the announcements that they did during their devconnect was
• 18:23
  Speaker 1: MasterCard doing crypto Credential, which is a new way to
• 18:26
  Speaker 1: do self custody wallets. They also announced this deal with Revolute,
• 18:30
  Speaker 1: which is another big deal because Revolute's one of the
• 18:32
  Speaker 1: largest FinTechs in Europe around stable point payments, which ride
• 18:37
  Speaker 1: on Polygon, so that's a big advantage and they're going
• 18:40
  Speaker 1: to have some staking in there as well. Even with
• 18:43
  Speaker 1: all that news, Polygon did not move a minute. I
• 18:46
  Speaker 1: mean it's still I'm here on the daily chart right now.
• 18:49
  Speaker 1: This thing is still in a position to where it
• 18:51
  Speaker 1: is so depressed. Is there any hope for Polygon coming
• 18:54
  Speaker 1: off the floor here?
• 18:57
  Speaker 2: Yeah?
• 18:57
  Speaker 3: I was just taking a look at that as well,
• 18:58
  Speaker 3: and that in this case, this is one where you
• 19:02
  Speaker 3: really have to be a little defensive on currently, because
• 19:06
  Speaker 3: again we're in a place where you know, we really
• 19:08
  Speaker 3: got to pay attention then for Bitcoin, if all coins
• 19:11
  Speaker 3: are going to see any type of movement, obviously we
• 19:12
  Speaker 3: need to see some strength come out of there and
• 19:14
  Speaker 3: probably gone. Like I said, it's just at least on
• 19:16
  Speaker 3: the area I'm looking at. This is on the coin
• 19:18
  Speaker 3: base chart. I don't know if this is the all
• 19:19
  Speaker 3: time low or not, but it's basically making all time lows.
• 19:22
  Speaker 3: We wip down to that area I think on the
• 19:25
  Speaker 3: tenth YEP on the liquidation day, and then it just
• 19:27
  Speaker 3: slowly melted back down.
• 19:28
  Speaker 2: So right now, like good news or any news is
• 19:31
  Speaker 2: really not making a difference.
• 19:33
  Speaker 3: I would say, really, I'd like to see this, and
• 19:35
  Speaker 3: it's only you know, thirteen cents now, obviously we're making
• 19:38
  Speaker 3: new lows in this case. We want to see some
• 19:40
  Speaker 3: strength probably come back into this, So I'd say, you'd
• 19:43
  Speaker 3: really want to see us before you get too overly
• 19:45
  Speaker 3: involved with this at the moment, get back above that
• 19:48
  Speaker 3: fifteen cent mark, which is a little bit of a difference,
• 19:51
  Speaker 3: about an eight to ten percent you know area fro
• 19:53
  Speaker 3: where we are. The only reason I say that is
• 19:54
  Speaker 3: because now that we're below that, you've just lost you know,
• 19:57
  Speaker 3: it's just price discovery to the floor right now. So
• 20:00
  Speaker 3: we could go lower here, of course, so they get
• 20:02
  Speaker 3: any type of reversal and see any kind of strength
• 20:05
  Speaker 3: come in here. We'd want to get back above that
• 20:06
  Speaker 3: fifteen cents and then a lot of times what I
• 20:09
  Speaker 3: see with things like this one that we're just pretty
• 20:11
  Speaker 3: much ranging so heavily, even though we could deviate below
• 20:13
  Speaker 3: the lows here, if you do start getting back above
• 20:15
  Speaker 3: that area here, it really opens up a big move
• 20:17
  Speaker 3: back to the high side of the range, which is
• 20:19
  Speaker 3: about twenty nine cents. But ultimately we can get big
• 20:22
  Speaker 3: moves up to these point three eight twos. This is
• 20:24
  Speaker 3: the macro three eight two here, which if you look
• 20:27
  Speaker 3: at XRP Solana quant what was another one that theta changed?
• 20:33
  Speaker 3: Like even things that just burst up and then just
• 20:35
  Speaker 3: die off right away cro just recently did it. You
• 20:37
  Speaker 3: see a lot of coins bounce, and not even just
• 20:40
  Speaker 3: coin stocks anything, right, They usually bounce back up to
• 20:42
  Speaker 3: these point three a twos and then they even if
• 20:44
  Speaker 3: they're going to roll over again. It's a really big
• 20:47
  Speaker 3: area to be aware of. So I'd say fifteen cents
• 20:50
  Speaker 3: get back above. You have room back up to thirty
• 20:52
  Speaker 3: cents and then potential to run it to thirty eight
• 20:54
  Speaker 3: over time. But fifteen cents is the key here. You
• 20:58
  Speaker 3: just got to see us get back above.
• 21:00
  Speaker 1: Yeah, I think the problem there of course is if
• 21:03
  Speaker 1: we have all this bullish news. Timing wise, this was
• 21:07
  Speaker 1: just not a good one I think for Polygon in general.
• 21:09
  Speaker 1: And you know Solana, they've got breakpoin coming up in December.
• 21:12
  Speaker 1: I mean, we could have one of the most depressing
• 21:14
  Speaker 1: Decembers in a while, which again would not be which
• 21:18
  Speaker 1: would not be good timing for Solana. You mentioned XRP.
• 21:22
  Speaker 1: XRP up two hundred and fifty percent on the year.
• 21:25
  Speaker 1: If you look at where they were this time last
• 21:28
  Speaker 1: year in November to where they are now, and now
• 21:32
  Speaker 1: it's defending that two dollars point, which is a very
• 21:36
  Speaker 1: very big defense area. Do you think XRP can hold
• 21:38
  Speaker 1: this two dollars zone.
• 21:42
  Speaker 2: Let's take a peek.
• 21:45
  Speaker 3: So, yeah, you know XRP oddly enough probably, if not
• 21:50
  Speaker 3: oddly enough, I think, besides Bitcoin, probably one of the
• 21:52
  Speaker 3: number one movers of the cycle, if you're going to
• 21:55
  Speaker 3: look at it that way, right, So since last year
• 21:57
  Speaker 3: up seven almost seven hundred percent. The thing is here,
• 21:59
  Speaker 3: we we stayed down here so long, or we were
• 22:03
  Speaker 3: ranging in this region down so long that a burst
• 22:06
  Speaker 3: up like this usually almost like this, when you get
• 22:08
  Speaker 3: this big burst up and it just gets sold right
• 22:10
  Speaker 3: back into a lot of times you would get something
• 22:13
  Speaker 3: along those lines and something that's not you know, holding
• 22:16
  Speaker 3: as strong as you'd like to see. So for me,
• 22:17
  Speaker 3: XRP has been holding pretty good. It's not to say
• 22:20
  Speaker 3: that it's going to continue, but it's pretty much just
• 22:23
  Speaker 3: had this huge range that's sat in here. Again, this
• 22:26
  Speaker 3: is based on volume here. The only thing that you know,
• 22:29
  Speaker 3: you don't really want to see is how much volume
• 22:31
  Speaker 3: is coming in at the bottom here, because a lot
• 22:33
  Speaker 3: of times that does indicate that we're going to see
• 22:35
  Speaker 3: continuation back down to the downside. So it's really just
• 22:39
  Speaker 3: going to come down to some reactionary basis here as
• 22:42
  Speaker 3: well as Bitcoin paying attention to see if we do
• 22:44
  Speaker 3: get any type of strength coming in there. But ultimately,
• 22:47
  Speaker 3: aside from that, just without looking at anything aside from
• 22:49
  Speaker 3: just the information at hand, we're just currently trading back
• 22:51
  Speaker 3: down at the low end of this range, which is
• 22:53
  Speaker 3: right on the money, as you just said about two dollars.
• 22:57
  Speaker 3: So yeah, I mean, I feel like as long as
• 22:59
  Speaker 3: two dollars is whole and really this level I have
• 23:01
  Speaker 3: marked out that I've had for a while, this one
• 23:03
  Speaker 3: seventy nine, one seventy nine, two dollars that's my big
• 23:05
  Speaker 3: key region. If we start to live below that, I
• 23:07
  Speaker 3: would say that that's where XRP really starts looking weaker
• 23:10
  Speaker 3: from where we are currently Otherwise low end of the
• 23:13
  Speaker 3: range areas you want to look to put on some risk. Again,
• 23:16
  Speaker 3: we're looking at the whole market here at this point,
• 23:18
  Speaker 3: so it's just something you got to kind of be
• 23:19
  Speaker 3: able to manage along the way. If we were to
• 23:22
  Speaker 3: get a push up out of here, still looking at
• 23:25
  Speaker 3: this trend based gold pocket and then potential. I know
• 23:28
  Speaker 3: people don't like to hear it when we're on down days,
• 23:30
  Speaker 3: but when we're here at supports, when you got to
• 23:32
  Speaker 3: look for the potential where we can get to and
• 23:34
  Speaker 3: be able to again address risk accordingly, and if we
• 23:37
  Speaker 3: were to launch up out of this region start finding
• 23:39
  Speaker 3: our legs here, I think four forty is still something
• 23:41
  Speaker 3: that we could see on an XRP.
• 23:43
  Speaker 1: There you go, guys, so keep an eye on that one.
• 23:46
  Speaker 1: UNISWAP is another one that we're watching also after huge
• 23:50
  Speaker 1: news just amitted the unification proposal looks like it's going
• 23:54
  Speaker 1: to pass. We think this is coming through. This is
• 23:57
  Speaker 1: going to change everything for UNIEWAP. When you look at
• 24:00
  Speaker 1: uniswap right now, Paul, do you think this is a
• 24:02
  Speaker 1: good trade?
• 24:06
  Speaker 2: Hm, let's tick a peak.
• 24:10
  Speaker 3: So unie swap is again something we've what I just
• 24:14
  Speaker 3: pointed out with whatever when we were just looking at
• 24:17
  Speaker 3: a second ago that three eight two. This is a
• 24:18
  Speaker 3: perfect example where you get that huge burst up and
• 24:20
  Speaker 3: even if it gives it all right back. That is
• 24:23
  Speaker 3: something we saw on uniswap back in December of last year.
• 24:26
  Speaker 3: But anyhow, currently we've been ranging around this region on
• 24:29
  Speaker 3: the news the other day when I believe that first
• 24:32
  Speaker 3: hit because I saw you post about it specifically, we
• 24:34
  Speaker 3: ran it up again. So similar to what we're just
• 24:36
  Speaker 3: looking at on XRP. When you're down at the low
• 24:38
  Speaker 3: end of the range, you got to consider, you know,
• 24:40
  Speaker 3: putting on some risk, ran it right to the high,
• 24:42
  Speaker 3: got the rejection here, and now we're just kind of
• 24:44
  Speaker 3: coasting around the middle here. So technically speaking, you know,
• 24:48
  Speaker 3: it's right in the middle of a range, so it's
• 24:50
  Speaker 3: a hard What I mean by that is, you know,
• 24:53
  Speaker 3: we have a fifty to fifty chance of running it
• 24:54
  Speaker 3: back up or running it back down, So it's not
• 24:56
  Speaker 3: the best place to be as far as looking at
• 24:58
  Speaker 3: it in that sense where we could go from here,
• 25:02
  Speaker 3: even if we did just DCA, if it did start
• 25:04
  Speaker 3: coming down, you start dollar cost averaging.
• 25:06
  Speaker 2: Here. Let's just see where a local gold pocket is.
• 25:09
  Speaker 3: It's actually right where we are right now, So that
• 25:12
  Speaker 3: would be one thing to kind of keep in mind,
• 25:13
  Speaker 3: so if you're going to have any type of position there.
• 25:16
  Speaker 3: But we've also been ranging really tightly down here as well.
• 25:18
  Speaker 3: So if we did see a sizeable move out of
• 25:21
  Speaker 3: the market, let's just assume that you know, Bitcoin recovers
• 25:24
  Speaker 3: a bit here and eth and everything, we get that
• 25:26
  Speaker 3: push up here, there is a slew of levels above
• 25:30
  Speaker 3: us that I think unicewap could get to. And again
• 25:33
  Speaker 3: I reference like cro had just recently did this and
• 25:37
  Speaker 3: we had this huge range and then you get a
• 25:38
  Speaker 3: breakout and you get to these levels in a hurry.
• 25:40
  Speaker 3: So it's not a guarantee by any means, but when
• 25:42
  Speaker 3: I look for things to diversify put on a little
• 25:44
  Speaker 3: bit of risk, this probably would be actually one that
• 25:46
  Speaker 3: I would consider, especially with some of the fundamentals that
• 25:49
  Speaker 3: are going on as well.
• 25:50
  Speaker 1: Right, So yeah, for sure, I mean, once they flip
• 25:53
  Speaker 1: this switch, we are going to see some I think,
• 25:55
  Speaker 1: you know, in the long term which I think a
• 25:57
  Speaker 1: lot of people look at for UNISWAP. They're control one
• 26:00
  Speaker 1: within the eth ecosystem as a beta play, and the
• 26:03
  Speaker 1: fact that it is going to be a power player
• 26:06
  Speaker 1: in DeFi without a doubt. Okay, so I want to go.
• 26:09
  Speaker 1: I want to end up here with Avalanche and Suite.
• 26:12
  Speaker 1: All right, Avalanche, many people would say very undervalued right now.
• 26:17
  Speaker 1: Avax kind of a I would say, a favorite of
• 26:21
  Speaker 1: our channel, and then of course they just kind of
• 26:24
  Speaker 1: went a little bit dormant during a very critical time
• 26:27
  Speaker 1: this year, and that was during the run up of
• 26:29
  Speaker 1: bitcoin to one twenty six. We never saw Avalanche really
• 26:32
  Speaker 1: perform off that sixty five if you had to buy
• 26:35
  Speaker 1: an asset. Because there's a lot of people, I think
• 26:37
  Speaker 1: investors right now that are maybe in the s and
• 26:41
  Speaker 1: P five hundred, and they're saying the same thing. They think, Okay,
• 26:43
  Speaker 1: this might be the top. I'm going to take a
• 26:45
  Speaker 1: little off the table. I'm going to go to dollars okay,
• 26:47
  Speaker 1: or I'm going to go to whatever money market. But
• 26:51
  Speaker 1: I'm looking at the next option here, and it might
• 26:54
  Speaker 1: be some of these risk assets over in crypto Avax.
• 26:57
  Speaker 1: We could be in the right position for some of
• 27:00
  Speaker 1: those investors that are looking for this next bull cycle
• 27:04
  Speaker 1: coming out of crypto, Which one of those would you
• 27:06
  Speaker 1: go with right now?
• 27:10
  Speaker 2: Avalanche or avalanche or suite.
• 27:13
  Speaker 3: Okay, let's take a look at both, and then I'll
• 27:15
  Speaker 3: kind of come to the conclusion. I also just wanted
• 27:16
  Speaker 3: to point out again that three eight to two meter
• 27:18
  Speaker 3: type of move that we see all the time just
• 27:21
  Speaker 3: happened on here as well. Back in Again, this is
• 27:22
  Speaker 3: a higher timeframe, but just pointing out the examples there. Yeah,
• 27:26
  Speaker 3: I mean, not all time lows by any means that
• 27:29
  Speaker 3: we've seen, you know, eight dollars or less.
• 27:32
  Speaker 2: Obviously we back in the day, but we are definitely
• 27:34
  Speaker 2: coming in.
• 27:35
  Speaker 3: You know, we're definitely on the floor, similar to what
• 27:37
  Speaker 3: you were just pointing out with Paul. And to me,
• 27:41
  Speaker 3: it's again it's it's taking into account the entire market
• 27:44
  Speaker 3: at this current state, whereas it bitcoin's going to head lower.
• 27:47
  Speaker 3: You have to kind of keep all that in your
• 27:49
  Speaker 3: back of your mind. But I will point out that
• 27:52
  Speaker 3: with bitcoin falling recently, I know we've had the big
• 27:54
  Speaker 3: drop from UH one t six down to one hundred,
• 27:58
  Speaker 3: and then we had basically everything on that and then
• 28:00
  Speaker 3: recently that the alquins have been holding up pretty resiliently
• 28:04
  Speaker 3: in my opinion, compared because we've had another sizeable drop,
• 28:07
  Speaker 3: so avalanche coming down in these areas now which we're
• 28:09
  Speaker 3: not completely melting down, and Bitcoin potentially coming into support.
• 28:13
  Speaker 3: I personally the way I like to invest, especially with
• 28:16
  Speaker 3: my longer term positions, I do look for things like
• 28:18
  Speaker 3: this again, something that's not popped, you know, one of
• 28:21
  Speaker 3: the ones that has not maybe I most.
• 28:23
  Speaker 2: Got the most attention at the time.
• 28:25
  Speaker 3: It's a little bit of a risk here, as everything's
• 28:27
  Speaker 3: always a risk of course, but yeah, I mean this
• 28:30
  Speaker 3: is something that easily I would be willing to put
• 28:33
  Speaker 3: on risk here because it is basically at the lows.
• 28:35
  Speaker 3: So that's that's my risk profile, is that I will
• 28:38
  Speaker 3: look for things at the lows and again maybe look
• 28:41
  Speaker 3: for a bit of strength here. If I was to
• 28:43
  Speaker 3: look for the idea similar to where we were looking
• 28:45
  Speaker 3: at Polygon, I believe, or poly market when we need
• 28:49
  Speaker 3: to flip this fourteen dollars again to kind of see
• 28:52
  Speaker 3: any kind of strength come back in. But right now
• 28:53
  Speaker 3: we're undervalued, as you said, you're deviating a little bit
• 28:56
  Speaker 3: below here. You could put on a little risk here
• 28:58
  Speaker 3: and then of course, if it gets lower, decide you
• 29:00
  Speaker 3: want to do from there, but.
• 29:01
  Speaker 2: Flip fourteen dollars.
• 29:02
  Speaker 3: However, and I think we have a sizeable move and
• 29:05
  Speaker 3: I still stick to the idea that again similar to
• 29:09
  Speaker 3: what we were just looking at a second ago as well.
• 29:11
  Speaker 2: I think it was uniswap.
• 29:13
  Speaker 3: We have sizeable areas the back above here and then
• 29:15
  Speaker 3: just not even to get in a price discovery just
• 29:18
  Speaker 3: to recover some of this ground here on a huge
• 29:22
  Speaker 3: multi year just ranging activity avalanche again on the floor.
• 29:27
  Speaker 3: Definitely would be something sizable here that we could get
• 29:29
  Speaker 3: into in the in the sense of the market moving
• 29:32
  Speaker 3: to the upside.
• 29:33
  Speaker 2: Let's take a look at Suey as well.
• 29:36
  Speaker 3: Suey's just kind of melting down here a bit with
• 29:38
  Speaker 3: everything else.
• 29:40
  Speaker 2: Sue's a newer project, just soon's the newer yeah, melting Sue's.
• 29:46
  Speaker 3: The newer project of the two though, And with that
• 29:49
  Speaker 3: is going to come more risk, right because we don't
• 29:52
  Speaker 3: have as much information, as much data and the things
• 29:54
  Speaker 3: they go along with that. But as anything, we've got
• 29:57
  Speaker 3: the risk at hand, so we've lost this big range.
• 29:59
  Speaker 3: I'm even just gonn take this off, not even worth
• 30:01
  Speaker 3: looking at anymore, all right, We've got some lows here
• 30:03
  Speaker 3: we want to see recovered, but ultimately I've got one
• 30:07
  Speaker 3: other level here on Sue and now. I would imagine
• 30:09
  Speaker 3: if we flew all the way down to this, we'd
• 30:11
  Speaker 3: have bigger problems in the market, because that's about a
• 30:13
  Speaker 3: forty four percent drop. But for me, if I had
• 30:16
  Speaker 3: a stink bid and I really wanted to just get
• 30:18
  Speaker 3: in on some great opportunity on SUI would be down
• 30:21
  Speaker 3: there about eighty cents.
• 30:22
  Speaker 2: Otherwise where we are now.
• 30:24
  Speaker 3: Again, Mom always said, if something's down seventy two percent,
• 30:29
  Speaker 3: consider getting in, I guess, or putting on some risk. Yeah,
• 30:33
  Speaker 3: I'd probably say we're in a little bit of limbo
• 30:34
  Speaker 3: with Suey, so I'd really like to recover this.
• 30:37
  Speaker 2: One seven yeah.
• 30:38
  Speaker 3: And then with Avalanche Okay, yeah, I'd go with both,
• 30:44
  Speaker 3: honestly a little bit, but I'd probably choose Avalanche.
• 30:46
  Speaker 1: Yeah, leverage on each. I mean, there's an opportunity there,
• 30:49
  Speaker 1: and I think this will be the intriguing part of this, Guys.
• 30:52
  Speaker 1: We are going to either and I think this has
• 30:54
  Speaker 1: always been the question is whether or not we see
• 30:57
  Speaker 1: further bleed on the all coins. With Bitcoin now polamenting
• 31:02
  Speaker 1: under eighty nine k again as we're recording, so hitting
• 31:05
  Speaker 1: eighty eight, so we continue to see this strength in
• 31:08
  Speaker 1: pushing down around all of this. I still think the
• 31:11
  Speaker 1: FED is going to be the savior for this as
• 31:14
  Speaker 1: we start to see indicators and also maybe to a
• 31:16
  Speaker 1: certain extent some QI you know coming in as well,
• 31:20
  Speaker 1: which could you know we'll know here, Yeah, we'll here.
• 31:23
  Speaker 1: We'll going to know in eleven days, you know, because
• 31:25
  Speaker 1: that's when we are done on the balance sheet for
• 31:28
  Speaker 1: the FED. Hey, Paul, it's been good having you on today.
• 31:31
  Speaker 1: We'll definitely get you back in as we get into
• 31:33
  Speaker 1: December because there could be some interesting plays to make
• 31:36
  Speaker 1: as we start to go into next year for twenty
• 31:40
  Speaker 1: twenty six. So thanks for coming in. We appreciate it.
• 31:43
  Speaker 2: Pleasure, Paul. Look, you Ford the next one.
• 31:45
  Speaker 1: All right, So you guys know what to do. If
• 31:47
  Speaker 1: you're not in the diamond circle, make sure and get
• 31:49
  Speaker 1: in on that. It is a great place to get
• 31:50
  Speaker 1: additional content. I know there's a lot of new viewers,
• 31:54
  Speaker 1: and I think we are seeing a rotation out of
• 31:56
  Speaker 1: the S and P five hundred investors who are now
• 31:59
  Speaker 1: starting to take a look at crypto with all these
• 32:01
  Speaker 1: depleted levels. As an opportunity. So I know you guys
• 32:05
  Speaker 1: are out there, so thanks for coming in. If you're
• 32:07
  Speaker 1: not following me on X, do that as well. It's
• 32:09
  Speaker 1: just at Paul Baron. We'll catch you next time right
• 32:11
  Speaker 1: here on The Paul Baron Show.