Latest / The Paul Barron Crypto Show / Tariff Chaos OVER!?🚨Crypto Technical Analysis📈 with Evan Aldo

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Tariff Chaos OVER!?🚨Crypto Technical Analysis📈 with Evan Aldo · The Paul Barron Crypto Show

• 0:00
  Speaker 1: You heard it right, guys.
• 0:01
  Speaker 2: The Supreme Court's hearing and result is now going against
• 0:05
  Speaker 2: Donald Trump. This is a big one because it is
• 0:07
  Speaker 2: going to have some impact on the markets. Let's get
• 0:10
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• 0:54
  Speaker 2: The one I would go with Chinese New Year, the
• 0:57
  Speaker 2: Year of the Horse.
• 0:58
  Speaker 1: Speaking of that, we got us talk about.
• 1:01
  Speaker 2: The Year of the Horse, because the things might get
• 1:04
  Speaker 2: pretty dicey here in terms of how the market is
• 1:06
  Speaker 2: going to be brewing.
• 1:07
  Speaker 1: So I thought, let's bring in one of our expert traders.
• 1:10
  Speaker 1: That is mister Evan Aldo, coming in from who knows
• 1:13
  Speaker 1: where today. Evan, how are you man?
• 1:15
  Speaker 3: Doing a wild doing? Will always great to be on.
• 1:17
  Speaker 3: Paul enjoying Peru.
• 1:20
  Speaker 1: I love it Peru. I love it man. What food
• 1:23
  Speaker 1: food in Peru?
• 1:24
  Speaker 3: It's still in Peru is incredible.
• 1:26
  Speaker 1: It's yeah, it's fantastic.
• 1:28
  Speaker 2: So lim Lima one of the best restaurant cities in
• 1:31
  Speaker 2: the world.
• 1:32
  Speaker 1: Listen.
• 1:32
  Speaker 2: If you guys are not following Evanaldo, jump over to
• 1:34
  Speaker 2: his YouTube channel right now and hit.
• 1:37
  Speaker 1: Subscribe right there.
• 1:39
  Speaker 2: You guys can too be part of the Evan Aldo
• 1:43
  Speaker 2: group out there. Very easy to jump in, So visit
• 1:47
  Speaker 2: evan Aldo over on YouTube. He's doing crypto trading market
• 1:50
  Speaker 2: cipher tutorials. If you don't know what market cipher is,
• 1:52
  Speaker 2: it's a great trading endacy that helps you make better trades,
• 1:57
  Speaker 2: whether you're long short, how you want to play the market,
• 2:00
  Speaker 2: it's getting into it.
• 2:00
  Speaker 1: So cool stuff.
• 2:02
  Speaker 2: Hey, Evan we had to talk about a few things
• 2:04
  Speaker 2: right now. One of the biggest issues, of course, one
• 2:06
  Speaker 2: of the most anticipated rulings in decades. The US Supreme
• 2:10
  Speaker 2: Court now has ruled President Trump's emergency tariffs are illegal,
• 2:14
  Speaker 2: and that means eight months of chaos completely reversing out this,
• 2:19
  Speaker 2: of course, is the amount of money that the US
• 2:23
  Speaker 2: could possibly face in potential tariff refunds. I have no
• 2:28
  Speaker 2: idea how this is going to unwind, Evan, but this
• 2:31
  Speaker 2: is going to get crazy because the refund process is
• 2:35
  Speaker 2: going to be a mess. As you can kind of
• 2:37
  Speaker 2: see as acknowledged at an oral argument, the refund process
• 2:40
  Speaker 2: is likely to be a mess. How does this First
• 2:43
  Speaker 2: of all, when you look at this news, you would
• 2:45
  Speaker 2: think that bitcoin and the markets might have actually moved.
• 2:50
  Speaker 2: But Bitcoin trading at sixty seven too right now as
• 2:53
  Speaker 2: we record this.
• 2:54
  Speaker 1: What do you think?
• 2:55
  Speaker 4: So?
• 2:56
  Speaker 3: I think that this is not a surprise. Betting odds
• 2:58
  Speaker 3: were always that this court would not rule in favor
• 3:01
  Speaker 3: of Trump. So I think a lot of this has
• 3:03
  Speaker 3: kind of already been factored into a certain extent if
• 3:06
  Speaker 3: you look at the betting odds. I think for the
• 3:07
  Speaker 3: actual refunds, if this will actually happen, I don't think
• 3:11
  Speaker 3: the majority of those refunds will not be happening. I mean,
• 3:14
  Speaker 3: think about how the government, how inefficient the government is
• 3:16
  Speaker 3: to begin with. You know, it's not going to the
• 3:18
  Speaker 3: majority of that money ain't going back. So you know,
• 3:21
  Speaker 3: I think some of the tariffs are going to remain.
• 3:23
  Speaker 3: Trump already hinted that he's got some more tricks up
• 3:25
  Speaker 3: his sleeves, so you're still going to see tariffs. I
• 3:27
  Speaker 3: think a little bit less though, So you know, I
• 3:30
  Speaker 3: don't think this has any net positive or negative for
• 3:34
  Speaker 3: the market really in my view.
• 3:37
  Speaker 2: Okay, so let's look at the bitcoin chart because I
• 3:39
  Speaker 2: want to know how it compares to other charts that
• 3:43
  Speaker 2: are out there. If you look at bitcoin where it
• 3:45
  Speaker 2: is right now, and I know you just did a
• 3:46
  Speaker 2: video on your channel a little bit more bullish on
• 3:49
  Speaker 2: bitcoin going up. Some people still pointing that bitcoin might
• 3:53
  Speaker 2: slip under sixty K. What is your position right now?
• 3:57
  Speaker 3: I think, in all likelihood, the bear market rallies early
• 4:00
  Speaker 3: last a little bit longer than many would suspect. And
• 4:03
  Speaker 3: if you look at my spitcoin screen right here, I
• 4:05
  Speaker 3: think we're in this range right here, and we could
• 4:08
  Speaker 3: be in this big range, you know, kind of this
• 4:10
  Speaker 3: volume range between like sixty six five, although we up
• 4:13
  Speaker 3: to seventy one K into the end of this month,
• 4:15
  Speaker 3: maybe a week to more weeks. And I think in
• 4:17
  Speaker 3: March what happens a lot in bear market rallies is
• 4:20
  Speaker 3: you get a fake out, you break up ward, you
• 4:22
  Speaker 3: hit this point potentially seventy three K, and that's a
• 4:25
  Speaker 3: typical bear market rally number, about twenty three percent, you know,
• 4:29
  Speaker 3: something with a two in front of it, usually as
• 4:30
  Speaker 3: a bear market rally. I don't think you're gonna go
• 4:32
  Speaker 3: all the way up to eighty four. Those areas are
• 4:34
  Speaker 3: eighty K. Probably a fake out right here. Get everybody
• 4:37
  Speaker 3: excited at seventy three. Then you break back downward and
• 4:41
  Speaker 3: retest these lows and potentially March or April. And this
• 4:45
  Speaker 3: is always where I've been thinking, March April May, you're
• 4:47
  Speaker 3: gonna see your bear market low something like this, probably
• 4:51
  Speaker 3: around forty eight K. I think things would have to
• 4:53
  Speaker 3: get pretty crazy for us to substantially lose like forty
• 4:56
  Speaker 3: eight K and go below there. But I think if
• 4:58
  Speaker 3: I had to really put a guess on it, for
• 5:00
  Speaker 3: fifty K is probably going to be your bear market
• 5:03
  Speaker 3: low for the very short term. It's a scalpers market.
• 5:06
  Speaker 3: I mean, yeah, it's just this area. If you go
• 5:08
  Speaker 3: scalp long, you got a good shot of winning, you know,
• 5:10
  Speaker 3: and then if you go sculp short at these highs,
• 5:12
  Speaker 3: you got a good shot of winning. It's just back
• 5:13
  Speaker 3: and forth. It's a range bound scalpers market and probably
• 5:16
  Speaker 3: will be for at least another week if we look
• 5:19
  Speaker 3: at the daily though. This is pretty good in the
• 5:21
  Speaker 3: daily though. You got a bulld it right here. So
• 5:23
  Speaker 3: this is what I think will eventually bring you up
• 5:25
  Speaker 3: wint the catalyst to eventually bring you up to seventy
• 5:28
  Speaker 3: three seventy four K right here, I think you have
• 5:30
  Speaker 3: to substantially like hold strength at seventy four k and
• 5:34
  Speaker 3: then before we can talk about you know, eighty four
• 5:36
  Speaker 3: k or those areas. I don't think it's going to happen, though.
• 5:38
  Speaker 3: I think you'll see something along the lines of this
• 5:40
  Speaker 3: and then come back down.
• 5:41
  Speaker 2: So yeah, all right, So you're looking at a short
• 5:45
  Speaker 2: term run on bitcoin slowly bleeding into possibly the market
• 5:51
  Speaker 2: low overall, and I think that would be probably timing
• 5:55
  Speaker 2: is going to be the factor here, of course, hitting
• 5:57
  Speaker 2: that bottom. You don't think Clarity has any potential of
• 6:01
  Speaker 2: causing a bottom to occur at that point it does.
• 6:05
  Speaker 3: Yeah, absolutely, I mean I don't know when it'll pass exactly,
• 6:09
  Speaker 3: but I think if that does pass, that will help.
• 6:11
  Speaker 3: You know, that could mark a bottom. I think that
• 6:14
  Speaker 3: you know, it's it's sell the news when things are
• 6:16
  Speaker 3: good and it passes, but it's by the rumor when
• 6:19
  Speaker 3: things are bad and it passes. So regulation is normally
• 6:22
  Speaker 3: a bottom signal when things are bad, when things are down.
• 6:25
  Speaker 3: So absolutely that can mark a bottom whenever that may happen.
• 6:29
  Speaker 2: Hey, y had Peter Schiff hitting it right here. Supreme
• 6:31
  Speaker 2: Court got a ride. They also did Trump a huge
• 6:34
  Speaker 2: favor if you believe this, because his tariffs basically are
• 6:37
  Speaker 2: were harming they believe to the US economy. If they
• 6:41
  Speaker 2: pull these back and he's not able to execute these,
• 6:44
  Speaker 2: this is essentially or potentially could correct the US economy
• 6:49
  Speaker 2: or they have to do some other things like actually
• 6:52
  Speaker 2: print money and increase the deficit even more so, gold
• 6:56
  Speaker 2: in the debasement trade could be back on right now.
• 6:59
  Speaker 1: What do you think about is but there do you
• 7:00
  Speaker 1: agree or disagree?
• 7:02
  Speaker 3: So I think that you're I It depends how you
• 7:04
  Speaker 3: look at it. That's a tough situation. There's smart people
• 7:07
  Speaker 3: on both sides that will tell you tariffs are good,
• 7:08
  Speaker 3: people will tell you tariffs are bad. I think tariffs
• 7:10
  Speaker 3: and moderation are pretty good. And I think that even
• 7:12
  Speaker 3: the Biden administration showed that they agree with that because
• 7:15
  Speaker 3: they kept in the tariffs on China. So I think
• 7:17
  Speaker 3: if you keep that in and you have it in moderation,
• 7:20
  Speaker 3: it probably would be good. I would say in the
• 7:22
  Speaker 3: long term, taking away some tariffs probably will help the
• 7:26
  Speaker 3: US economy. And you know, I think there's still gonna
• 7:29
  Speaker 3: be QE, but nothing create obviously, nothing nearly what we
• 7:32
  Speaker 3: saw in twenty twenty, twenty twenty one.
• 7:34
  Speaker 1: So interesting.
• 7:35
  Speaker 3: Yeah, I think Peter is partially right, but not definitely,
• 7:38
  Speaker 3: not completely. Are you.
• 7:39
  Speaker 2: Are you investing any in whether it's tokenized gold or
• 7:42
  Speaker 2: in physical.
• 7:44
  Speaker 3: I've held gold for a bit, you know, kind of
• 7:46
  Speaker 3: since October. I think gold is a pretty good long
• 7:49
  Speaker 3: term investment. Again, at least against the S and P
• 7:51
  Speaker 3: five hundred. I think gold is going to peak out
• 7:53
  Speaker 3: against bitcoin by the summer or something that could be
• 7:56
  Speaker 3: a good conversion. Yeah, just like normal bear market.
• 7:59
  Speaker 2: Years rotate in at that point, which is I think
• 8:03
  Speaker 2: that's what Peter is trying to defend against right now
• 8:05
  Speaker 2: as the mass rotation. Eventually that would take place into
• 8:09
  Speaker 2: risk assets off of metals, which is and has been
• 8:12
  Speaker 2: the case many times before.
• 8:15
  Speaker 1: Hey, I want to play a clip for you.
• 8:16
  Speaker 2: This is Bloomberg talking about what this might mean for
• 8:19
  Speaker 2: and I'm talking about the tariff ruling what it might
• 8:22
  Speaker 2: mean for stocks.
• 8:23
  Speaker 1: Take a look.
• 8:24
  Speaker 4: This has to be baked in and then considered what
• 8:27
  Speaker 4: will actually happen. As you all mentioned, it will take
• 8:31
  Speaker 4: a while for this to take effect. Essentially, this is
• 8:34
  Speaker 4: near term drama for short term players, some excitement on
• 8:37
  Speaker 4: the trading floor for some people and for others. If anything,
• 8:42
  Speaker 4: look for any babies that get thrown out with the bathwater.
• 8:45
  Speaker 4: Most certainly much too soon to make assumptions on that,
• 8:49
  Speaker 4: but I think that's why initially you saw consumer discretionary
• 8:52
  Speaker 4: popped right away. They thought, of all those items that
• 8:56
  Speaker 4: were imported, the tariffs have been already paid for money
• 8:59
  Speaker 4: coming back. What recalibration would that have to do related
• 9:02
  Speaker 4: to earnings and revenue growth and moving forward? It most
• 9:06
  Speaker 4: certainly is important, But in terms of the market intermediate
• 9:09
  Speaker 4: to long term players, this is more of if anything,
• 9:12
  Speaker 4: it's an opportunity to either stay put continue the diversification
• 9:16
  Speaker 4: process away from overconcentration.
• 9:20
  Speaker 2: All right, So there you go, stay put or continue diversification.
• 9:25
  Speaker 2: Diversification and overconcentration. Those are two polar opposites that have
• 9:29
  Speaker 2: been talked about quite a bit, and I think I'm
• 9:32
  Speaker 2: playing it that way right now. All right, So, Evan,
• 9:34
  Speaker 2: I want to jump over to a clip here by
• 9:36
  Speaker 2: Tom Lee.
• 9:36
  Speaker 1: This is basically him.
• 9:37
  Speaker 2: Talking about the chaos level that we're dealing with right
• 9:40
  Speaker 2: now across markets. Does this have an impact on stocks
• 9:44
  Speaker 2: and crypto? Let's see what he has to say, and
• 9:46
  Speaker 2: then I want to get your opinion to take a look.
• 9:48
  Speaker 5: But there is one scenario where gold will do well
• 9:53
  Speaker 5: but crypto will do poorly, okay, And that's if the
• 9:57
  Speaker 5: entire currency system itself is questioned, Meaning if there is
• 10:04
  Speaker 5: a point where we say we're so concerned about chaos
• 10:09
  Speaker 5: that I don't care about the dollar. I don't even
• 10:12
  Speaker 5: want to own anything that's dollar denominated, and especially if
• 10:15
  Speaker 5: it's a digital dollar, right because bitcoin is digital money.
• 10:19
  Speaker 5: In that scenario, gold would do well, but stocks and
• 10:23
  Speaker 5: crypto would go down. So if we look back at
• 10:25
  Speaker 5: the history of gold, I think it's about fifteen percent
• 10:27
  Speaker 5: of the time, Gold's had a negative rolling three year return.
• 10:32
  Speaker 5: So in some ways both are stores of value, but
• 10:35
  Speaker 5: they're just going to be working at different times, so.
• 10:39
  Speaker 1: Bother stores of value.
• 10:40
  Speaker 2: Talking about digital assets gold obviously layering into that. To
• 10:44
  Speaker 2: your point that we've kind of alluded to, do you
• 10:47
  Speaker 2: think this is the time right now that people would
• 10:50
  Speaker 2: say gold is the route to take?
• 10:52
  Speaker 3: No, Well, I think history. I mean, you know, you
• 10:55
  Speaker 3: could speculate that's the fundamentals like that, like he's talking about.
• 10:58
  Speaker 3: But I think when you look at the and you
• 11:00
  Speaker 3: look at normal patterns for gold, I think unless the
• 11:03
  Speaker 3: US goes into a recession this year or next year,
• 11:06
  Speaker 3: gold is probably going to consolidate for two or three years.
• 11:09
  Speaker 3: A typical gold bear market lasts two or three years,
• 11:12
  Speaker 3: a bit longer than a stock market bear market. So
• 11:14
  Speaker 3: I would say gold is not the play for two
• 11:17
  Speaker 3: or three more years. End of decade that could be
• 11:20
  Speaker 3: a goodbye, And I think you'll see gold show some
• 11:21
  Speaker 3: strength in the twenty thirties, but I think you need
• 11:24
  Speaker 3: two or three years to cool off after everything that's
• 11:27
  Speaker 3: that's happened. So I think S and P. Five hundred
• 11:30
  Speaker 3: would be a bit more attractive than gold right now.
• 11:32
  Speaker 3: Even bitcoin, you know, if you're willing to wait a
• 11:34
  Speaker 3: few years, a bit more attractive than gold. But I
• 11:36
  Speaker 3: think I think after the next Bitcoin Bowl run, you know,
• 11:39
  Speaker 3: towards the end of this decade, twenty twenty eight, twenty
• 11:41
  Speaker 3: twenty nine, that's where you're gonna see gold hit a
• 11:44
  Speaker 3: lot of bottoms against probably the S and P five
• 11:46
  Speaker 3: hundred bitcoin riskier things, and then gold will see you know,
• 11:50
  Speaker 3: maybe another two, three, four or five year run in
• 11:53
  Speaker 3: the twenty thirties, maybe into the mid twenty thirties. I
• 11:55
  Speaker 3: would I would.
• 11:56
  Speaker 2: Guess, Well, the point he's getting out, I think is
• 12:00
  Speaker 2: the issue of are we in short term rotation opportunity
• 12:05
  Speaker 2: here on gold?
• 12:06
  Speaker 1: Your point is is that we might be before we
• 12:09
  Speaker 1: see rotation.
• 12:10
  Speaker 2: Into some of the risk assets later this year. So
• 12:13
  Speaker 2: I do think that when you look at that, along
• 12:15
  Speaker 2: with what's happening right now with ethereum, this is a
• 12:19
  Speaker 2: very intriguing time because it kind of brings up the
• 12:21
  Speaker 2: we kind of know where the potential around bitcoin is going.
• 12:25
  Speaker 1: But let's take a look at eth.
• 12:26
  Speaker 2: Eth is set to close its six consecutive month in red.
• 12:31
  Speaker 2: In the last fourteen months, ETH has also closed eleven
• 12:34
  Speaker 2: in red, so very disappointing in terms of overall I
• 12:37
  Speaker 2: think a lot of people on our channel big ETH holders,
• 12:41
  Speaker 2: long term eath holders like myself. But at the same time,
• 12:45
  Speaker 2: many people also took profits from the recent run.
• 12:48
  Speaker 1: Up in ETH. Where would you be at right now?
• 12:51
  Speaker 1: Could ETH hit one thousand dollars? What's your position?
• 12:54
  Speaker 3: I don't really think one thousand anything's possible. But when
• 12:57
  Speaker 3: you look at the ETH chart, you know, the first
• 12:59
  Speaker 3: thing that I want to show you that's actually really
• 13:01
  Speaker 3: interesting is this is the two week two hundred SMA.
• 13:05
  Speaker 3: That's kind of where you bottomed in March of or
• 13:07
  Speaker 3: March or April twenty twenty five. You bounced off of
• 13:09
  Speaker 3: it right here, So I think based on that a
• 13:11
  Speaker 3: lot of the damage already has been done. Now. The
• 13:14
  Speaker 3: other thing too, you got to realize you've hit a
• 13:17
  Speaker 3: bottom last bear market in June. Bitcoin didn't bottom until November.
• 13:21
  Speaker 3: It could theoretically bottom before Bitcoin too, so that's not
• 13:25
  Speaker 3: impossible to be about seventeen hundred now. I kind of
• 13:28
  Speaker 3: think that's maybe being a little bit too optimistic. So
• 13:31
  Speaker 3: if I would I would fathom that if bitcoin went
• 13:34
  Speaker 3: down to forty eight to fifty k this is going
• 13:36
  Speaker 3: to bottom somewhere between like thirteen to fifteen hundred. So
• 13:39
  Speaker 3: it would probably look something like this over the next
• 13:43
  Speaker 3: few months, and then you'd see a bottom around these
• 13:45
  Speaker 3: areas right here. That's what I would really, that's what
• 13:48
  Speaker 3: I'd be looking at right here.
• 13:50
  Speaker 2: Yeah, you look at the strategy that has been out
• 13:53
  Speaker 2: there around these dats. Sharplink is doubling down on its
• 13:57
  Speaker 2: eighth as an institutional.
• 13:58
  Speaker 1: Ownership is surge.
• 14:00
  Speaker 2: You look at the fact that Tom Lee is charging
• 14:04
  Speaker 2: toward a five percent target. And the potential now is
• 14:09
  Speaker 2: that if someone like Sharplink can't get corrected here, maybe
• 14:14
  Speaker 2: a bmn R could do an acquisition and snipe some
• 14:19
  Speaker 2: ether under m nav Man that could pop BM and R.
• 14:24
  Speaker 2: Where are you at on BM and R as a So.
• 14:26
  Speaker 3: I'm going to show you this is I should charge
• 14:28
  Speaker 3: money for this. This is a top secret strategy. We
• 14:31
  Speaker 3: look at the BMNR chart right here, came down a lot,
• 14:34
  Speaker 3: you know, it's it's in a lot of ways. It's
• 14:37
  Speaker 3: kind of like what micro strategy was in twenty twenty two,
• 14:39
  Speaker 3: about a ninety percent correction and then a nice bounce
• 14:42
  Speaker 3: off of this level right here. So what you can do,
• 14:44
  Speaker 3: and what I think is really important here, you would
• 14:47
  Speaker 3: set some type of stop loss below this low and
• 14:50
  Speaker 3: then convert to probably bitcoin. This would invalidate this. You
• 14:53
  Speaker 3: would convert to either bitcoin or ethereum, because those are
• 14:56
  Speaker 3: the better options.
• 14:57
  Speaker 1: If this makes a low, where would that stop loss
• 14:59
  Speaker 1: be though?
• 15:00
  Speaker 3: Right below this point? Right below seventeen twenty nine, I'd
• 15:04
  Speaker 3: probably just go sixteen point ninety nine, make it.
• 15:06
  Speaker 2: Each Yeah, for audio listeners right now where bmin R
• 15:10
  Speaker 2: is trading at twenty bucks right now as we record this,
• 15:13
  Speaker 2: so around seventeen so another seventeen ninety is that would
• 15:17
  Speaker 2: it looks like No, seventeen.
• 15:18
  Speaker 3: Thirteen ninety, I would go, it's fifteen percent down, let's
• 15:20
  Speaker 3: make it any fifteeneen all right.
• 15:22
  Speaker 2: So then if there's a that's a potential play there
• 15:26
  Speaker 2: if this, if this does fall into a scenario where
• 15:30
  Speaker 2: BMINR sucks up some of these companies because this is
• 15:33
  Speaker 2: going to increase their ETH holdings dramatically, m NAV could alter.
• 15:37
  Speaker 2: That's where it could actually outperform ETH, especially if we
• 15:40
  Speaker 2: see ETH moving down. Now, if you look at the
• 15:42
  Speaker 2: eighth chart back to your point earlier, where would be
• 15:47
  Speaker 2: your position if bmin R let's just kind of play
• 15:51
  Speaker 2: a scenario. If BM and R actually gets to acquire
• 15:54
  Speaker 2: somebody a couple other dats, they soak up more eth
• 15:58
  Speaker 2: ETH right now is host clarity, which looks like it's
• 16:01
  Speaker 2: going to go through, Well, where would you be BM
• 16:04
  Speaker 2: and R ETH A little of both hedging?
• 16:07
  Speaker 3: So would I would be more? I would do the
• 16:10
  Speaker 3: trade where I would be a lot of BM and
• 16:13
  Speaker 3: R unless it makes that lower low. I would keep
• 16:15
  Speaker 3: that lower low because I think if that news plays
• 16:18
  Speaker 3: out the way that we're hoping it does, Like you mentioned,
• 16:21
  Speaker 3: I don't see a scenario where BM and R makes
• 16:23
  Speaker 3: a lower low. Wouldn't make sense to me. Yeah, yeah,
• 16:25
  Speaker 3: it would shoot up a lot, I think.
• 16:28
  Speaker 2: Which gets back to the point of I mean, if
• 16:29
  Speaker 2: you get another scenario like where BM and R took
• 16:32
  Speaker 2: off originally when it was first brought out in comparison
• 16:36
  Speaker 2: to ETH, it actually did outperform. Tom Lee said that
• 16:38
  Speaker 2: a couple of times that the performance has been greater
• 16:41
  Speaker 2: if you look long term of where EAT has in general. Hey,
• 16:45
  Speaker 2: let's jump over to AVE because AVE is interesting. Is
• 16:49
  Speaker 2: this a by opportunity. There's a little bit of a
• 16:51
  Speaker 2: crisis crew brewing over there right now. And if you
• 16:54
  Speaker 2: look further into article, there's a couple of points I
• 16:56
  Speaker 2: want to hit on BDG Labs. This is the decision
• 16:59
  Speaker 2: to leave is reportedly driven by organizational the governess changes
• 17:03
  Speaker 2: that have been out there keep part of the process
• 17:05
  Speaker 2: on ave's prep to take more central role in the
• 17:08
  Speaker 2: AVE four development, simply meaning that one hundred percent of
• 17:11
  Speaker 2: the protocol revenue now is going to be directed toward
• 17:13
  Speaker 2: the Doubt treasury.
• 17:14
  Speaker 1: So that's the.
• 17:15
  Speaker 2: Big news, you know, coming out of AVE. But it
• 17:17
  Speaker 2: does create a little bit of static, you know, for
• 17:21
  Speaker 2: the for what's happening with an AVE in general, and
• 17:24
  Speaker 2: it's very depressed as a token right now? Would you
• 17:27
  Speaker 2: buy this one as it is right now?
• 17:30
  Speaker 3: You know, it's a little concerning. Let's take a look
• 17:32
  Speaker 3: at the chart. I mean that's obviously it's a tough question, Paul.
• 17:34
  Speaker 3: I mean it's come down. I mean, if it could
• 17:37
  Speaker 3: hold one sixteen, that would be good. If it could
• 17:39
  Speaker 3: hold one sixteen these areas, that would be good. What
• 17:43
  Speaker 3: you can do, I mean it's right around there right now.
• 17:44
  Speaker 3: We want it to jump here. I mean you can
• 17:47
  Speaker 3: do something with a stop loss, you know, one oh
• 17:49
  Speaker 3: three some of these areas, but honestly, I would give
• 17:52
  Speaker 3: it a few more months and just see, you know,
• 17:54
  Speaker 3: see what it does here, okay, and see if it
• 17:56
  Speaker 3: can kind of hold these lows. I think it's kind
• 17:58
  Speaker 3: of a weight scenario. I would be more attracted to
• 18:01
  Speaker 3: ETH right now than.
• 18:02
  Speaker 1: This, all right, I like it more attracted to ETH
• 18:05
  Speaker 1: versus Ave. What about jupe? If you were to play
• 18:07
  Speaker 1: an alternative to this to ave.
• 18:10
  Speaker 3: It's interesting, you know, let's look at this is interesting, tart.
• 18:13
  Speaker 3: This is jupe versus AVE, and what you could do here,
• 18:17
  Speaker 3: you know, not everybody's looking at this chart, but you
• 18:18
  Speaker 3: could set a notification if you do make a lower
• 18:21
  Speaker 3: low kind of against AVE right here, so you could
• 18:24
  Speaker 3: convert back to hobby. But I think as long as
• 18:26
  Speaker 3: you hold this area on the AVE chart, it's bled
• 18:29
  Speaker 3: a lot against AVE. But it could you know, very
• 18:32
  Speaker 3: low risk, high reward. It could jump and then you
• 18:34
  Speaker 3: would just you get out of it if it makes
• 18:36
  Speaker 3: a lower low against So it's a good gamble I
• 18:40
  Speaker 3: think potentially.
• 18:40
  Speaker 2: Yeah, that would be a good gamble and one that
• 18:43
  Speaker 2: you could where you could kind of hedge versus what's
• 18:45
  Speaker 2: going on with the AVE scenario right now? Because I
• 18:48
  Speaker 2: think long term AVE is going to win just because
• 18:51
  Speaker 2: of its ability to be able to really generate some
• 18:53
  Speaker 2: utility across a lot of these platforms. Hey, I want
• 18:56
  Speaker 2: to talk about Solana for a second. Right now, the
• 19:00
  Speaker 2: charts account here ahead at seventy four to eleven and
• 19:02
  Speaker 2: fifty eighteen or the next key levels for Solana. Do
• 19:06
  Speaker 2: you agree with those numbers?
• 19:09
  Speaker 1: Seven? Basically seventy four bucks and fifty bucks. Where do
• 19:11
  Speaker 1: you stand Solana?
• 19:13
  Speaker 3: I wouldn't get overly scared about it. You know, this
• 19:18
  Speaker 3: is a huge area right here, and you came down
• 19:20
  Speaker 3: and let's be real, you know you came down already
• 19:22
  Speaker 3: almost close to eighty percent, seventy seven percent. This could
• 19:26
  Speaker 3: hold up well against bigcoins, so it doesn't have to
• 19:29
  Speaker 3: go down to that forty seven range. It can It
• 19:32
  Speaker 3: absolutely can go down to that range. I mean that
• 19:34
  Speaker 3: would be your full you know, bear market. Eighty three
• 19:37
  Speaker 3: percent kind of typical for a lot of all coins.
• 19:39
  Speaker 3: But there's always some shining night while everything else goes
• 19:43
  Speaker 3: down lower. And I mean keep in mind each bottom
• 19:46
  Speaker 3: out before Bitcoin. Last time we're in a state where
• 19:48
  Speaker 3: Qt has ended, this could have hit a bottom. This
• 19:50
  Speaker 3: absolutely could continue sideways while Bitcoin goes lower. So just
• 19:54
  Speaker 3: keep that in mind. So I do think I think
• 19:56
  Speaker 3: it's a pretty good gamble, you know, I think it's
• 19:58
  Speaker 3: a pretty good I don't even want to say gamble.
• 19:59
  Speaker 3: I think it's a pretty good long term potential play here.
• 20:02
  Speaker 3: Can it go down to that fifty? Absolutely? The other
• 20:05
  Speaker 3: thing I would look at here for those who like
• 20:07
  Speaker 3: to compare things to bitcoin, hitting a big place against
• 20:09
  Speaker 3: bitcoin right here. However, if it loses this low, similar
• 20:13
  Speaker 3: technique to like bmn R and a lot of other
• 20:15
  Speaker 3: people loses this low, I would convert back to bitcoin
• 20:18
  Speaker 3: because I would think that you're probably going to go lower,
• 20:21
  Speaker 3: So make it a good Yeah, it's a good trade
• 20:23
  Speaker 3: right there. You just got to be careful.
• 20:25
  Speaker 2: I like it good stuff today, man Evan. Obviously, we
• 20:29
  Speaker 2: put out a big video yesterday and it was in
• 20:31
  Speaker 2: reference to coinbase killing off optimism, and then this is
• 20:35
  Speaker 2: a big deal because coinbase and the base chain spent
• 20:38
  Speaker 2: a lot of time working in optimism as part of
• 20:42
  Speaker 2: the base chain. This of course affected all l twos
• 20:46
  Speaker 2: you look at. Of course, the new launch with robin
• 20:48
  Speaker 2: Hood that has been out there. The like I'm not
• 20:51
  Speaker 2: going to say it, but the likelihood is they're probably
• 20:53
  Speaker 2: going to affect the next L two out there, and
• 20:55
  Speaker 2: that would be arbitrum. So there are some problems here
• 20:59
  Speaker 2: and could be. The question I have though, is when
• 21:02
  Speaker 2: you take a look at that strategy from the major
• 21:05
  Speaker 2: exchanges like coinbase on robin Hood, the likelihood is almost
• 21:09
  Speaker 2: every you know, major institution probably going to follow suit here,
• 21:13
  Speaker 2: meaning building their own chain Ethereum wins. But someone else
• 21:17
  Speaker 2: that might win is guess who Avalanche. What do you
• 21:21
  Speaker 2: think about Avalanche on the chart right now? Because this
• 21:24
  Speaker 2: thing is way down in terms of market.
• 21:27
  Speaker 3: It's scary, man, I mean it would be it would
• 21:29
  Speaker 3: be like it would it would kind of like I
• 21:31
  Speaker 3: would say, it would break a lot of TA rules
• 21:34
  Speaker 3: if this was to really you know, run here because
• 21:37
  Speaker 3: you made a lower low than here, You made a
• 21:38
  Speaker 3: lower low than June to twenty one based on a
• 21:41
  Speaker 3: longer like you need really really good news to bring
• 21:45
  Speaker 3: this back from oblivion at this point like this, this
• 21:47
  Speaker 3: doesn't look too good at the moment. I think it's
• 21:49
  Speaker 3: a high risk, but you could try with a tight stop,
• 21:53
  Speaker 3: you know, below this low, you could try and write
• 21:55
  Speaker 3: it up very low risk, high reward. The other thing
• 21:57
  Speaker 3: I like to always look at, like on all of
• 21:59
  Speaker 3: these you know against bitcoin, So you know what you
• 22:01
  Speaker 3: could try against bitcoin? Do you know a notification right
• 22:05
  Speaker 3: there and then go back to bitcoin if it makes
• 22:07
  Speaker 3: a lower low rotate when you zoom out here like
• 22:11
  Speaker 3: ah man, well, it's hitting somewhat of a big point.
• 22:13
  Speaker 3: I don't know, you know, it could come back, but
• 22:16
  Speaker 3: I feel like you know, these charts normally don't like
• 22:19
  Speaker 3: when you look at charts like this, the odds are
• 22:21
  Speaker 3: usually less than fifty percent that they do come back.
• 22:23
  Speaker 2: Interesting there right now, big statement as this could come
• 22:28
  Speaker 2: back or not is the question probably the most high
• 22:31
  Speaker 2: risk right now that we have seen, at least in
• 22:33
  Speaker 2: today's show in terms of tokens. Again, this is not
• 22:36
  Speaker 2: investment advice, guys. This is Kevin and I kind of
• 22:38
  Speaker 2: you know, hashing it out on what we are doing internally,
• 22:42
  Speaker 2: how we're kind of looking at the market in general.
• 22:44
  Speaker 2: Macro has a huge impact on where this is going
• 22:48
  Speaker 2: in the future.
• 22:48
  Speaker 1: We're gonna be doing more.
• 22:49
  Speaker 2: Shows like this always. We try to do our trading
• 22:51
  Speaker 2: shows every Friday. Make sure and to like and subscribe
• 22:55
  Speaker 2: on the channel. Right now, we'll hit you next week,
• 22:57
  Speaker 2: hopefully with news on clarity. Evan, thanks for coming in today.
• 23:01
  Speaker 2: We appreciate it.
• 23:02
  Speaker 3: Oh Azona to talk to you, Paul. Thanks so much.
• 23:11
  Speaker 2: If you like this video, hit like and subscribe, drop
• 23:13
  Speaker 2: a comment down below, and also join our free private
• 23:16
  Speaker 2: member group.
• 23:17
  Speaker 1: The link is in the description.