Latest / The Paul Barron Crypto Show / Altcoin Crash Almost Over?📉Technical Analysis w/ Evan Aldo ​

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Altcoin Crash Almost Over?📉Technical Analysis w/ Evan Aldo ​ · The Paul Barron Crypto Show

• 0:07
  Speaker 1: Everybody is asking if the all coin season is off,
• 0:11
  Speaker 1: maybe the recovery is underway. We're gonna break it all
• 0:13
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• 0:15
  Speaker 1: is Paul Barren. Welcome back into techpath. This will be
• 0:17
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• 0:48
  Speaker 2: Get started.
• 0:49
  Speaker 1: Let's go over to a couple of points we're gonna
• 0:51
  Speaker 1: be hitting on and joining me today of course is
• 0:54
  Speaker 1: Evan Aldo coming in from evan Aldough on the youtubes.
• 0:59
  Speaker 1: How are you man.
• 1:01
  Speaker 2: Doing well?
• 1:01
  Speaker 3: Dinwell, great, great to see you. Market is a little
• 1:04
  Speaker 3: bit scary, but I do have some silver Linings to
• 1:07
  Speaker 3: start about.
• 1:07
  Speaker 2: I like it.
• 1:08
  Speaker 1: I like it. You always come in with the good juice.
• 1:10
  Speaker 1: All right, we're going to talk about bitcoin first. So
• 1:12
  Speaker 1: bitcoin tags one hundred k despite we get a little
• 1:16
  Speaker 1: bit of a FED rate cut.
• 1:17
  Speaker 2: Pause.
• 1:17
  Speaker 1: This was talking about this a little bit over the
• 1:20
  Speaker 1: past week. And if you look at some of the
• 1:22
  Speaker 1: things within this, I'll show you, guys, I'll zoom in
• 1:24
  Speaker 1: on this a little bit. US added about one hundred
• 1:27
  Speaker 1: and forty three thousand jobs last month, so this was
• 1:29
  Speaker 1: expected short of what was expected at one hundred and
• 1:32
  Speaker 1: sixty nine. So a little bit of pressure I think
• 1:35
  Speaker 1: on the FED continuing to maybe possibly hold before they
• 1:39
  Speaker 1: shift to quantitative easning. And if you look at polymarket
• 1:43
  Speaker 1: right now, they're simply saying, hey, it's an eighty five
• 1:47
  Speaker 1: eighty six percent chance actually ninety three percent chance now
• 1:51
  Speaker 1: that we are not going to get a FED rate cut.
• 1:53
  Speaker 1: With all that right now, Evan, and you look at
• 1:55
  Speaker 1: the bitcoin chart, what do you see there? What are
• 1:59
  Speaker 1: we in store for in this spring, next few months
• 2:02
  Speaker 1: with bitcoin?
• 2:05
  Speaker 3: Well, I mean, I'll mentioned with the FEDRAI cut, it
• 2:07
  Speaker 3: is a little bit scary, you know, to see a
• 2:08
  Speaker 3: lot of pauses, but hopefully with the four year cycle
• 2:12
  Speaker 3: some things, and especially Trump being back in office maybe
• 2:14
  Speaker 3: giving a push to that, some things could be a
• 2:16
  Speaker 3: little bit more positive.
• 2:17
  Speaker 2: Now. What I think is, we've been in this.
• 2:20
  Speaker 3: Area for a long long time, this kind of range
• 2:22
  Speaker 3: right here for a long long time. You're either eventually
• 2:24
  Speaker 3: going to break up ord and hit one twenty, which
• 2:27
  Speaker 3: you still may be able to hit that. That's my
• 2:28
  Speaker 3: goal around mid March. I still think there's a decent
• 2:30
  Speaker 3: shot at that. Beforehand, if we look at what's happening
• 2:34
  Speaker 3: right now, you right now are rejecting off of this
• 2:37
  Speaker 3: point of control, which is a pretty big area. Generally
• 2:40
  Speaker 3: you do come down to do something like this, retest
• 2:43
  Speaker 3: this maybe a higher lower right here, or maybe come
• 2:47
  Speaker 3: back down and liquidate a lot of people at eighty
• 2:49
  Speaker 3: nine K, which is going to be a really big point,
• 2:51
  Speaker 3: and then it could a speedy You're seeing this happen
• 2:54
  Speaker 3: a lot where you just come down maybe eighty nine
• 2:57
  Speaker 3: maybe even eighty five k, a big wig down, other
• 3:00
  Speaker 3: scary thing, and then you recover very steadily after you
• 3:04
  Speaker 3: liquidate a lot lot of its market. And then my
• 3:06
  Speaker 3: big area, which is a fib level combined with the
• 3:08
  Speaker 3: spiral line right here at one hundred and twenty k.
• 3:11
  Speaker 2: That's a huge area.
• 3:11
  Speaker 3: I think there's still a decent shot for some time
• 3:14
  Speaker 3: in later March to see those areas. So as of
• 3:17
  Speaker 3: right now, to summarize, I mean, I'm bearish in the
• 3:19
  Speaker 3: short you may come back down to ninety three, maybe
• 3:22
  Speaker 3: even somewhere in the eighty k's, but I think it's
• 3:24
  Speaker 3: going to be a good.
• 3:25
  Speaker 2: Recovery from there.
• 3:27
  Speaker 3: And I mean my worst case scenario is going to
• 3:30
  Speaker 3: be seventy three K. That's worst case scenario. I don't
• 3:32
  Speaker 3: think we're going to go that low, but that's case scenario.
• 3:35
  Speaker 3: So yeah, all.
• 3:36
  Speaker 1: Right, So a couple of things to look at. If
• 3:39
  Speaker 1: you look at the tenure yields on treasury notes, they've
• 3:43
  Speaker 1: held below four and a half percent. This is going
• 3:45
  Speaker 1: to suggest that the mod market is not pricing in
• 3:49
  Speaker 1: a FED tightening, so that in turn kind of supports
• 3:52
  Speaker 1: the risk assets like bitcoin like what you're talking about.
• 3:55
  Speaker 1: If we don't get tightening to continue, yields not necessarily higher,
• 3:59
  Speaker 1: but the economy still pretty decent shape, so is a
• 4:02
  Speaker 1: goldilock zone for digital assets in play. That's what everybody's
• 4:06
  Speaker 1: been talking about, whether or not we could be in
• 4:09
  Speaker 1: a very unique position. If you look at where gold
• 4:11
  Speaker 1: is right now, which is continuing to make all time highs,
• 4:14
  Speaker 1: many people are looking at why aren't we seeing that
• 4:17
  Speaker 1: in the risk ASSSI if you want to call bitcoin
• 4:20
  Speaker 1: risk assess I would probably put it more on the
• 4:22
  Speaker 1: S and P five hundred side of things in terms
• 4:25
  Speaker 1: of not only evaluation but just consistency of the of
• 4:28
  Speaker 1: the project. But the point you're making is we could
• 4:31
  Speaker 1: see another dip down here in early twenty twenty five.
• 4:35
  Speaker 1: Is that what you feel like this would happen before summer?
• 4:38
  Speaker 3: If we talk about the four year cycle here, basically
• 4:41
  Speaker 3: all coins others versus Bitcoin, they bond out around January
• 4:46
  Speaker 3: early January twenty twenty one. Things went very very quickly
• 4:50
  Speaker 3: right here. However, we're now it's February seventh, and you
• 4:53
  Speaker 3: get this. You can see we're still bleeding right here,
• 4:55
  Speaker 3: so it's a little bit delate. However, if you look
• 4:57
  Speaker 3: at what happened over here, you had little bit of
• 5:00
  Speaker 3: a glitch in early twenty seventeen, you hit a bottom
• 5:04
  Speaker 3: around the end of February February twenty one, and then
• 5:07
  Speaker 3: you jumped up very quickly. So for all the people
• 5:09
  Speaker 3: saying that all coin season may never happen, just be careful.
• 5:12
  Speaker 3: It could happen very very quickly. That was nine hundred
• 5:15
  Speaker 3: percent right there. You know there's going to be the
• 5:17
  Speaker 3: mist returns it was the last time, you know, this
• 5:18
  Speaker 3: time it was essentially to the top around five hundred percent.
• 5:21
  Speaker 3: Even if we could get a two or three hundred percent,
• 5:23
  Speaker 3: you know, up to this area, up to this area
• 5:26
  Speaker 3: by end of a year, that would be still pretty good
• 5:28
  Speaker 3: for all coins.
• 5:29
  Speaker 2: So give it a week or two. I think that
• 5:31
  Speaker 2: dropped down.
• 5:32
  Speaker 3: The potentially ninety K eighty five K could happen in
• 5:34
  Speaker 3: a week or two, and then we could kind of
• 5:36
  Speaker 3: repeat history in terms of what happened in twenty twenty seventeen.
• 5:41
  Speaker 1: And you look at some of the other things right
• 5:43
  Speaker 1: now with just the fear and greed. I mean, we're
• 5:46
  Speaker 1: almost down to a low again, thirty five as our hold.
• 5:49
  Speaker 1: We had hit back here in September. I guess we
• 5:54
  Speaker 1: were at twenty six back then, so it's not as
• 5:57
  Speaker 1: though the market is still there. And this is one
• 6:00
  Speaker 1: of the statements for Matt Hogan I thought was interesting.
• 6:03
  Speaker 1: Let me zoom in on that for you guys, absolutely
• 6:05
  Speaker 1: massive disconnect between retail and professional sentiment in crypto right now.
• 6:09
  Speaker 1: So retail very bad, worse in years, but professional investors
• 6:13
  Speaker 1: are extraordinarily bullish. So this is interesting because we are
• 6:18
  Speaker 1: seeing a continuation of the ETFs, more ETFs coming on
• 6:22
  Speaker 1: to market. Likelihood is could be a scenario where professional
• 6:26
  Speaker 1: investment drags in retail again, question is will it be
• 6:29
  Speaker 1: too late? If you look at ethereum, Ethereum could be
• 6:33
  Speaker 1: primed for another maybe doubling after printing a pretty big
• 6:37
  Speaker 1: capitulation candle that we saw this last week. What is
• 6:41
  Speaker 1: your chart show on eth over the next few months.
• 6:45
  Speaker 3: If we got ethereum, there is a lot of hope here.
• 6:47
  Speaker 3: So the first thing we want to look at, which
• 6:49
  Speaker 3: is really important, look at this area we bounced off
• 6:52
  Speaker 3: of and this was a huge, huge hammer candle right there.
• 6:55
  Speaker 3: That was the bottom of September twenty fourth, but I
• 6:57
  Speaker 3: mean August, it took twenty twenty four as well. Area
• 7:00
  Speaker 3: historically as well, that was the top in April twenty three.
• 7:03
  Speaker 3: Just a huge area, even the bottom in January twenty two.
• 7:06
  Speaker 3: If I had a guess, most likely we've probably bought
• 7:08
  Speaker 3: them out if you does.
• 7:10
  Speaker 2: If they do manage to.
• 7:10
  Speaker 3: Bring us farther, probably around here two thousand and the spiral,
• 7:13
  Speaker 3: and but I don't really see us going much lower
• 7:16
  Speaker 3: than that. And if we zoom in a little bit
• 7:18
  Speaker 3: here now you're trying to hold these areas, you know,
• 7:20
  Speaker 3: we're rejecting from this area. I think most likely you
• 7:22
  Speaker 3: probably will, you know, come down to retest twenty five
• 7:25
  Speaker 3: hundred or something. That's a general you could try to
• 7:28
  Speaker 3: retest this area. Definitely possible as well, but I do
• 7:31
  Speaker 3: think that in the grand scheme of things, you should
• 7:34
  Speaker 3: be able to generally recover there. And if you can
• 7:36
  Speaker 3: see bitcoin hitting one twenty k by mid to late March.
• 7:40
  Speaker 2: You'd be surprised. This could really come back.
• 7:43
  Speaker 3: You might be able to get even quick, you know,
• 7:46
  Speaker 3: beginning of April, later March that kind of old all time.
• 7:50
  Speaker 2: Look at that jump upward.
• 7:51
  Speaker 3: If you can repeat something of that nature kind of
• 7:55
  Speaker 3: from this area that's bringing you at the end of
• 7:57
  Speaker 3: March forty five hundred, maybe even eight hundred.
• 8:00
  Speaker 2: So don't be asleep. They can recover very quickly.
• 8:03
  Speaker 3: If you look at Eth versus this looks like a capulation,
• 8:06
  Speaker 3: that big drop down on Ether versus bitcoin, and then
• 8:08
  Speaker 3: you just got a twenty percent over a twenty percent
• 8:11
  Speaker 3: pump up right now, So I think I think Heath's
• 8:14
  Speaker 3: got a good shot at bottoming out against bickcoin. Just
• 8:16
  Speaker 3: a huge here. I don't think it's going to go
• 8:18
  Speaker 3: much lower against bitcoin.
• 8:20
  Speaker 1: So yeah, well, a couple of points that are if
• 8:22
  Speaker 1: you look just back in twenty twenty four, I mean,
• 8:24
  Speaker 1: there was a little bit of capitulation already occurred in
• 8:27
  Speaker 1: Q one, and eventually it led to another doubling one
• 8:30
  Speaker 1: hundred percent of rally, and then over the next three months,
• 8:33
  Speaker 1: and then they also had a second capitulation that took
• 8:35
  Speaker 1: place in Q three. So I say they eth in general,
• 8:38
  Speaker 1: so that it's interesting to see the market in ethereum
• 8:41
  Speaker 1: because it's it is a different kind of move and
• 8:45
  Speaker 1: in this is a unique all coin season, one that
• 8:48
  Speaker 1: I think everybody has said, uh, has just been I
• 8:51
  Speaker 1: think really kind of I want to say, affected by,
• 8:54
  Speaker 1: but definitely influenced by what's happening in not only the
• 8:58
  Speaker 1: policy side of things, but also with of course in
• 9:01
  Speaker 1: you know, more professional capital coming in the market. Let's
• 9:05
  Speaker 1: move over to ONO right now, onto finance new blockchain targets.
• 9:08
  Speaker 1: So this is a new blockchain getting ready to come out,
• 9:10
  Speaker 1: bridging tradfy and DeFi I want to actually play a
• 9:12
  Speaker 1: clip for you before we go to the chart here,
• 9:15
  Speaker 1: but it comes shortly after unveiling the ONDO Global markets
• 9:19
  Speaker 1: signaling companies merge and let me kind of zoom in
• 9:21
  Speaker 1: on that for you guys to read it. Merge with
• 9:23
  Speaker 1: traditional finance and decentralized systems. Franklin, Templeton, Wisdom Tree all
• 9:28
  Speaker 1: starting to be involved here, so there's some big names
• 9:31
  Speaker 1: coming into the ONDO ecosystem. I want to flip to
• 9:34
  Speaker 1: a clip real quick and play this for you, and
• 9:36
  Speaker 1: then we'll go to the chart. Let's take a look.
• 9:40
  Speaker 4: It was nice to deliver the keynote and finally announce
• 9:43
  Speaker 4: what we've been working towards for such a long time,
• 9:45
  Speaker 4: particularly with the ONDO chain. The fact that you know
• 9:48
  Speaker 4: so many institutions are here to also witness it and
• 9:50
  Speaker 4: talk to I think it's been a great event so far.
• 9:53
  Speaker 4: Back in twenty sixteen, you were literally telling people what
• 9:55
  Speaker 4: is a blockchain? How does it work? All these sorts
• 9:57
  Speaker 4: of things. Now, particularly during the past, bear kid a
• 10:00
  Speaker 4: lot of these institutions they did not stop hiring even
• 10:05
  Speaker 4: after FTX happened. So at FTX when that happened, it
• 10:08
  Speaker 4: was very clear certain institutions were leaving the space. Call
• 10:11
  Speaker 4: it almost the tourists, but certain institutions really decided to
• 10:15
  Speaker 4: double down and they really increased their hiring some of
• 10:18
  Speaker 4: these teams. That's the major asset managers are now twenty
• 10:21
  Speaker 4: five to fifty, seventy five, even one hundred people at large,
• 10:23
  Speaker 4: so they know what they're doing. And I feel like
• 10:27
  Speaker 4: the liquidity on chain increasingly is there as well. There's
• 10:30
  Speaker 4: over two hundred billion dollars in stable coins and token
• 10:32
  Speaker 4: I treasury is now available. So with the fact that
• 10:35
  Speaker 4: you have an increasingly friendly regulatory landscape, the capabilities within
• 10:40
  Speaker 4: these institutions and the liquidity on chain that is there,
• 10:43
  Speaker 4: really what was needed was the infrastructure to enable these
• 10:46
  Speaker 4: institutions to come on chain in a bigger way, and
• 10:49
  Speaker 4: that's why we announced the Ondo chain.
• 10:51
  Speaker 1: This kind of leans into what they were even Matt
• 10:54
  Speaker 1: Hogan was talking about, is that we are seeing this
• 10:56
  Speaker 1: connection to traditional finance, and even was with projects like
• 10:59
  Speaker 1: on Know. In fact, Trump's were liberally financial now hands
• 11:03
  Speaker 1: at a strategic reserve after acquiring another three hundred and
• 11:05
  Speaker 1: forty two thousand onto tokens. So there's definitely some interesting
• 11:10
  Speaker 1: plays happening. So when you look at Ondo as an investment,
• 11:14
  Speaker 1: where would you say this token could play out for
• 11:18
  Speaker 1: the next few months.
• 11:20
  Speaker 3: So the first thing that I'm seeing here in Ono
• 11:22
  Speaker 3: is these nice trigger waves over on our three day
• 11:25
  Speaker 3: chart right here, And as you can see, these historically
• 11:28
  Speaker 3: have been pretty good. Now, this one right here was
• 11:30
  Speaker 3: a little bit of a dud, but I think this
• 11:31
  Speaker 3: next one may play out more like this one that
• 11:34
  Speaker 3: we saw in November of twenty four. Now, obviously there's
• 11:37
  Speaker 3: probably going to be the minister returns. I don't think
• 11:38
  Speaker 3: you're just gonna, you know, shoot up too well. I mean,
• 11:40
  Speaker 3: you could shoot up to three dollars essentially, But the
• 11:43
  Speaker 3: first goal I would be looking at would be that
• 11:45
  Speaker 3: two dollars area right there, which hopefully could be within
• 11:49
  Speaker 3: a month to two months getting back up to two dollars.
• 11:52
  Speaker 3: Once you break above there, I could see potentially a
• 11:55
  Speaker 3: trajectory into let's say this summer, you know, a few
• 11:58
  Speaker 3: months into three dollars and hopefully up to maybe four
• 12:02
  Speaker 3: dollars by the end of the year. You know, just
• 12:04
  Speaker 3: a general upward trajectory here, just based on you know,
• 12:07
  Speaker 3: for your cycle, based on a lot of these things.
• 12:09
  Speaker 3: You know, if you did, like a more major kind
• 12:12
  Speaker 3: of get one title target right there at three dollars,
• 12:14
  Speaker 3: I think is very very ave three dollars to four dollars.
• 12:16
  Speaker 3: I think that's still pretty likely in the directory into
• 12:19
  Speaker 3: the end of the year. As we see a lot
• 12:21
  Speaker 3: of these these coins generally do zoom in here, your
• 12:23
  Speaker 3: money flows, trying to come up trigger away, trying to
• 12:25
  Speaker 3: form in your four day coming back into the green,
• 12:28
  Speaker 3: potentially a nice green trajectory into middle to later later
• 12:33
  Speaker 3: next year.
• 12:34
  Speaker 2: So I think there's a good shot here.
• 12:36
  Speaker 3: What would that you know, be from you know, two
• 12:38
  Speaker 3: hundred percent, you know, definitely two hundred percent to the
• 12:40
  Speaker 3: end of the year, I think absolutely.
• 12:43
  Speaker 1: Because I mean if you look year over year, Onto
• 12:45
  Speaker 1: is still a high performer. I mean that's a five
• 12:47
  Speaker 1: hundred percent token year over year just going back to
• 12:51
  Speaker 1: February of last year. So interesting because it's it's clipped
• 12:54
  Speaker 1: out of what you're talking about there as that trend
• 12:56
  Speaker 1: that's been on that sideways track there for a bit.
• 12:59
  Speaker 1: So you like that three dollar zone, which would be
• 13:01
  Speaker 1: a pretty significant move on Onto, and maybe enough is
• 13:05
  Speaker 1: happening around this ecosystem now to really make it move
• 13:08
  Speaker 1: to the next level. Let's jump over to swie because
• 13:11
  Speaker 1: and Libra. They're now opening an on chain access to
• 13:14
  Speaker 1: a range of investment funds for institution. This is going
• 13:17
  Speaker 1: to be a whole scenario of products and services. They're
• 13:20
  Speaker 1: also launching their walwast platform very soon. We just had
• 13:23
  Speaker 1: the SWEE founder on yesterday, and this of course is
• 13:26
  Speaker 1: kind of a file coin killer, and the idea is
• 13:29
  Speaker 1: that you'll actually be able to use it almost like
• 13:31
  Speaker 1: a Web two platform for file storage within Web three.
• 13:35
  Speaker 1: So there's a lot of things happening with SWEE, and
• 13:37
  Speaker 1: they've got a lot of events. They've got three events
• 13:40
  Speaker 1: coming up eat Denver, they're gaming event, and they're doing
• 13:42
  Speaker 1: their big base camp in a Dubai. I believe it
• 13:45
  Speaker 1: is when you look at SWEE right now, do you
• 13:49
  Speaker 1: like this long term? Would you buy it today and
• 13:52
  Speaker 1: hold it through the end of the year.
• 13:54
  Speaker 3: Now, the reason I like this hammer can nice big
• 13:58
  Speaker 3: weakdown in big recovery, those mark the bottom. Sometimes you
• 14:01
  Speaker 3: go down a little bit more. I mean, I guess
• 14:03
  Speaker 3: it's possible to test two dollars here here, But look
• 14:06
  Speaker 3: at the trajectory of this. You know, you came up
• 14:08
  Speaker 3: you deleted about Eric and solid it came up a
• 14:11
  Speaker 3: bit more now you had your drop down, what your
• 14:14
  Speaker 3: for I see a little bit better on the before
• 14:17
  Speaker 3: day you're four ing yeah and trigger away right here.
• 14:19
  Speaker 3: If that comes up, it could act similar to kind
• 14:22
  Speaker 3: of one of these areas and bring us on a
• 14:24
  Speaker 3: much higher trajectory. Now, you know, you came from sixty
• 14:27
  Speaker 3: cents all the way up to five dollars. I don't
• 14:29
  Speaker 3: think you're gonna get a full ten X by the
• 14:30
  Speaker 3: end of the year. But big place is to look
• 14:33
  Speaker 3: at six dollars and you have sixty one cents, and
• 14:36
  Speaker 3: then seven dollars and forty five cents. We could also
• 14:38
  Speaker 3: draw a new fib level from that bottom correspond corresponds
• 14:42
  Speaker 3: with that one. Now ten bucks could be a big,
• 14:45
  Speaker 3: big area. That would be a huge area if you
• 14:48
  Speaker 3: can get to ten bucks by the end of the year.
• 14:50
  Speaker 3: And I think that would be kind of my goal,
• 14:52
  Speaker 3: my high for this end of year.
• 14:54
  Speaker 2: We come up.
• 14:55
  Speaker 3: Let's say we follow that trajectory that you generally see
• 14:57
  Speaker 3: in post having years, come up to this point maybe
• 15:00
  Speaker 3: April summer, you know, you get a drop down or whatever,
• 15:03
  Speaker 3: retest those highs, and you get one last leg up
• 15:07
  Speaker 3: into the end of the year ten dollars. I would
• 15:10
  Speaker 3: estimate we would see something like this, like a much
• 15:12
  Speaker 3: more diminished, slower version of this trajectory as we go
• 15:17
  Speaker 3: into potentially a ten dollars mark three to four x
• 15:20
  Speaker 3: maybe end of year, maybe even twelve dollars. You know,
• 15:22
  Speaker 3: big areas right there. So I think there's a lot
• 15:25
  Speaker 3: to be said about this. I mean, either you're gonna
• 15:28
  Speaker 3: you know, I mean I would get more pessimistic.
• 15:31
  Speaker 2: If you lose tutors in, you're kind of dead in
• 15:32
  Speaker 2: the water.
• 15:33
  Speaker 3: We don't want to lose two dollars here, but we
• 15:34
  Speaker 3: can stay above where we are. I don't see any
• 15:36
  Speaker 3: reason to believe we won't get to ten dollars.
• 15:38
  Speaker 1: So yeah, well, okay, so a lot. I think, you know,
• 15:41
  Speaker 1: the key here is timing. You've got all these things
• 15:45
  Speaker 1: happening with Swee. It's interesting because when we talked to
• 15:48
  Speaker 1: them yesterday, he wouldn't give us a date on Walrus launching.
• 15:53
  Speaker 1: And I'm thinking that they may have delayed it because
• 15:57
  Speaker 1: of the market conditions. And this is just a maybe
• 16:00
  Speaker 1: possible theory. They also have some very key events, so remember,
• 16:04
  Speaker 1: narrative is very critical around some of these major tokens,
• 16:08
  Speaker 1: like avalanche. Narrative matters dramatically. Same thing with Salona to
• 16:12
  Speaker 1: a certain extent. So maybe Sweet is playing from those
• 16:14
  Speaker 1: handbooks to get the most maximum narrative injection into the
• 16:19
  Speaker 1: market that they can. If we start to see a
• 16:22
  Speaker 1: little bit of move up, let's take a look at Avalanche.
• 16:25
  Speaker 1: John Wood goes on and he says, hey, Doze needs
• 16:27
  Speaker 1: Avalanche if we get a Doge blockchain. Now what I'm
• 16:32
  Speaker 1: talking about is not the Doze the token, but Doze,
• 16:35
  Speaker 1: the Government Efficiency group out of DC with Mosque leading it.
• 16:39
  Speaker 1: If we get a Doge blockchain, that could lie on
• 16:44
  Speaker 1: Avalanche because of this key thing right here, it's called
• 16:48
  Speaker 1: fee customizability. You don't have to hold Avalanche for gas
• 16:51
  Speaker 1: you don't want. In fact, you use whatever you want.
• 16:53
  Speaker 1: So they're even saying dosee cooin right in the heart
• 16:56
  Speaker 1: of what Elon wants and totally abstracted away from your users.
• 16:59
  Speaker 1: So that's a benefit to something to do. Or we
• 17:02
  Speaker 1: could get the government, and they're already talking about this
• 17:05
  Speaker 1: where it's likely that we could see other areas within
• 17:09
  Speaker 1: the government going into tokenized assets, including government land. They
• 17:14
  Speaker 1: even talked about that the other day with Howard Lutning.
• 17:17
  Speaker 1: They're going to need a blockchain to do these things,
• 17:19
  Speaker 1: and if Avalanche is one of them, when you look
• 17:23
  Speaker 1: at how they're doing their l ones, could be a
• 17:26
  Speaker 1: great opportunity. Avalanche right now definitely on the down in
• 17:31
  Speaker 1: terms of the chart. Where is Avalanche by the end
• 17:33
  Speaker 1: of the year.
• 17:36
  Speaker 3: Prior than it is now in my opinion, because the
• 17:38
  Speaker 3: first thing we can look at here, we hit off
• 17:41
  Speaker 3: of a major, major, major, major point, that twenty one
• 17:44
  Speaker 3: dollars area. That's the point you didn't want to lose
• 17:46
  Speaker 3: here because just a look that scene of the crime,
• 17:48
  Speaker 3: huge area that was your drop down in August the
• 17:51
  Speaker 3: twenty four that you're kind of dead in the water here, however,
• 17:55
  Speaker 3: forming a one of my favorite patterns, reverse head and
• 17:58
  Speaker 3: shoulders to whar If we can recover from that, your
• 18:02
  Speaker 3: technical target is going to be all the way, you know,
• 18:07
  Speaker 3: around your old all time high.
• 18:08
  Speaker 2: So that's kind of the area. If we could just
• 18:10
  Speaker 2: make it close to our old all.
• 18:11
  Speaker 3: Time high, even one hundred bucks, that's a pretty good
• 18:14
  Speaker 3: If you can go above that two hundred dollars, and
• 18:17
  Speaker 3: then the highest I could see us going this year
• 18:19
  Speaker 3: would be around three hundred and seventy four dollars, three
• 18:21
  Speaker 3: hundred and seventy dollars, it'd say big fib level right
• 18:24
  Speaker 3: there when you zoom out a little bit on your
• 18:26
  Speaker 3: trigger wave starting to form in the weekly. You know,
• 18:29
  Speaker 3: I think you could generally have a very good trajectory,
• 18:33
  Speaker 3: very good trajectory kind of upward into you know, the
• 18:36
  Speaker 3: end of this year. Now, if you look at previous
• 18:39
  Speaker 3: bull markets, it's not impossible to come up generally pretty quickly,
• 18:43
  Speaker 3: especially if you could kind of repeat a situation like
• 18:47
  Speaker 3: this up to all time high. Hopefully that would be
• 18:49
  Speaker 3: our best carry co case scenario. Summer you see an
• 18:51
  Speaker 3: all time high, maybe correct there a little bit or something,
• 18:55
  Speaker 3: and then end of year you get one more parabolic
• 18:59
  Speaker 3: situation something like this up to two hundred dollars, or
• 19:02
  Speaker 3: maybe worst case scenario, your old all time high just
• 19:05
  Speaker 3: ends up being. But I think this could go higher.
• 19:07
  Speaker 3: I think this really could go higher. I think there's
• 19:09
  Speaker 3: a lot of potential here, all right.
• 19:10
  Speaker 2: That tenux so.
• 19:12
  Speaker 1: Yeah, yeah, this is a big one. So you're calling
• 19:14
  Speaker 1: for a ten X token there, which is pretty significant
• 19:17
  Speaker 1: considering where the market is right now, with especially with Avalanche,
• 19:22
  Speaker 1: because they haven't had a lot of news coming out.
• 19:26
  Speaker 1: You look at post off the grid, I would say
• 19:29
  Speaker 1: that has now died down. Timing again might be where
• 19:33
  Speaker 1: a lot of these chains are starting to maybe hold
• 19:35
  Speaker 1: a few things to the vest. So I think maybe
• 19:38
  Speaker 1: Avalanche could be in that case as well. Let's move
• 19:41
  Speaker 1: over to Solana. So Solana price target right now, this
• 19:44
  Speaker 1: is coming in for van K They're saying price target
• 19:47
  Speaker 1: by end of year twenty twenty five, holding it five
• 19:50
  Speaker 1: twenty Now. I know in pre show you think that
• 19:52
  Speaker 1: might actually be a little soft, but we've valued Solana
• 19:54
  Speaker 1: based on its projected year in market share with a
• 19:57
  Speaker 1: smart contract. Obviously, our SCP market we have forecast is
• 20:00
  Speaker 1: derived from the us M two supply, so a lot
• 20:04
  Speaker 1: going down that direction as well. At five point twenty.
• 20:07
  Speaker 1: With that being the case, and Solana holding right now,
• 20:11
  Speaker 1: a sub two hundred and has hit there a couple
• 20:13
  Speaker 1: of times. Where how would you play this one out
• 20:17
  Speaker 1: right now if you were a brand new investor in
• 20:19
  Speaker 1: Solana today.
• 20:21
  Speaker 3: So when you look at Solana right now, the important
• 20:23
  Speaker 3: thing that we want to look at is where we
• 20:25
  Speaker 3: are kind of with this this major point is at
• 20:27
  Speaker 3: one hundred and eighty seven dollars. We really really want
• 20:31
  Speaker 3: to hold this because if you hold this area, then
• 20:33
  Speaker 3: you have a good case to break upward from this
• 20:36
  Speaker 3: area and hit your next target, which would be right
• 20:38
  Speaker 3: around you know, high three hundred's four oh eight. That's
• 20:41
  Speaker 3: a big fib level, and there's definitely a case you
• 20:44
  Speaker 3: may in April that four hundred dollar mark, which is
• 20:48
  Speaker 3: why I think that five hundred target could be a
• 20:49
  Speaker 3: little soft, because let's say you hit that four hundred
• 20:52
  Speaker 3: mark there or maybe later you would hit it in July.
• 20:56
  Speaker 3: Somewhere between those areas, I would think you would hit
• 20:58
  Speaker 3: that four hundred dollars mark. After that, you'd probably get
• 21:01
  Speaker 3: some You always see some type of correction early summer
• 21:04
  Speaker 3: or late summer. Generally you get a correction maybe back
• 21:06
  Speaker 3: down to two seventy or something huge area, and then
• 21:09
  Speaker 3: you make your last kind of leg up into the
• 21:11
  Speaker 3: end of the year around my high my target, my
• 21:15
  Speaker 3: major target, which would be around six hundred and fifty.
• 21:18
  Speaker 3: So a little over a three x from where we
• 21:20
  Speaker 3: are right now could absolutely be possible for Solana that
• 21:23
  Speaker 3: kind of two sentence. If we zoom out like a
• 21:25
  Speaker 3: little bit over, I mean, I think you got more
• 21:30
  Speaker 3: to go with this kind of money flow. It's coming
• 21:31
  Speaker 3: down a little bit. There's a little bit of fear
• 21:33
  Speaker 3: on your two week, you know your three week, you're
• 21:35
  Speaker 3: getting some you know, we're in the posts having here.
• 21:40
  Speaker 3: As long as you can hold where we are right now,
• 21:42
  Speaker 3: that would be really good and you want to definitely
• 21:44
  Speaker 3: continue forward here.
• 21:46
  Speaker 2: So I am optimistic, Oh for sure.
• 21:48
  Speaker 1: I think the key here is just look at the history,
• 21:50
  Speaker 1: look at the projects, do your deep dives. If you're
• 21:53
  Speaker 1: ready for risk assets, which I think now, if you're
• 21:55
  Speaker 1: going to put anything in, this is the time to
• 21:57
  Speaker 1: do it because of the market being so down and
• 22:00
  Speaker 1: and if you don't know how to trade it, well,
• 22:02
  Speaker 1: guess what. There's a guy out there named Evan Aldough
• 22:05
  Speaker 1: and he's got a gou and you guys can jump
• 22:08
  Speaker 1: over to Evanaldo on YouTube. Just search it right there
• 22:11
  Speaker 1: at evanldo. Evan, you're kicking up, man. You got sixteen
• 22:14
  Speaker 1: four hundred subs here. Bro, you're getting big league.
• 22:18
  Speaker 2: Yeah, we're well.
• 22:19
  Speaker 3: Yeah, you know, it's always great to be on if
• 22:21
  Speaker 3: you moving up seventeen K is a big goal, you know.
• 22:23
  Speaker 2: I just take it day by day. I like it.
• 22:26
  Speaker 1: Listen, guys, take time right now. I want you to
• 22:29
  Speaker 1: subscribe to Evan's channel. Let's get this guy over seventeen K.
• 22:33
  Speaker 1: We can do that easily, Evan. Thanks, thanks a lot
• 22:37
  Speaker 1: for coming in today.
• 22:37
  Speaker 2: We appreciate it.
• 22:39
  Speaker 1: Always love chatting with you and getting inside your head
• 22:41
  Speaker 1: on the trades. But we'll see you soon.
• 22:44
  Speaker 2: Great to be on, Paul, thanks so much, appreciate it.
• 22:46
  Speaker 1: All right, you guys, if you're not in the Diamond circle,
• 22:48
  Speaker 1: get in right now. We also launched our Telegram group.
• 22:51
  Speaker 1: It's brand new, already thousands of members over there. You guys,
• 22:55
  Speaker 1: jump in use the link down below. It's free, and
• 22:57
  Speaker 1: I guess what, I'm over there communicating with you guys
• 22:59
  Speaker 1: on a daily basis now very easy to get access
• 23:02
  Speaker 1: to me, so do that. That's the best place to
• 23:04
  Speaker 1: join the PBN community. Follow me on x at Paul Baron.
• 23:07
  Speaker 1: We'll catch you next time right here on tech Path.