Latest / The Paul Barron Crypto Show / BlackRock Buying ETH & Dumping Bitcoin💰Technical Analysis w/ Investing Broz
Transcript
- 0:06Speaker 1: Black Rock has done the unthinkable, and that is selling
- 0:08Speaker 1: bitcoin and swapping it in for eth. Maybe some of
- 0:12Speaker 1: you guys are asking that very question. Today we'll break
- 0:14Speaker 1: it down for you. My name is Paul Barreon. Welcome
- 0:16Speaker 1: back in the tech path. Before we get started, I
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- 0:46Speaker 2: Now.
- 0:47Speaker 1: Getting into it today, we're going to be running down
- 0:49Speaker 1: a full run on all of this. Joining me, of course,
- 0:52Speaker 1: is mister Tim Moore coming in from investing bros. How
- 0:55Speaker 1: are you Tim doing good?
- 0:56Speaker 3: Paul, good to be back on the show with you.
- 0:58Speaker 1: Yeah, So we've got a lot a breakdown. I want
- 1:01Speaker 1: to get into a few things with what's happening on
- 1:04Speaker 1: the macro side of things, But when you look at
- 1:07Speaker 1: just where the macro side is going. Let me go
- 1:09Speaker 1: to this tweet real quick before we kind of jump
- 1:12Speaker 1: into things. But I want to go into the scenario
- 1:14Speaker 1: of Trump and Jiji'sping meeting on Friday. Now, this is
- 1:18Speaker 1: all coming around the fifty percent tariff on steel, China
- 1:23Speaker 1: being one of the big steel producers. This of course
- 1:25Speaker 1: rattled the cage of Jijiping and the Chinese. They have
- 1:30Speaker 1: come back and said, yeah, well we're gonna we're gonna
- 1:32Speaker 1: get a little bit more. I think defensible in the
- 1:36Speaker 1: sense that they're really going to start to look to reposition.
- 1:38Speaker 1: Now whether or not this plays out into a taco trade,
- 1:43Speaker 1: which if you guys have not heard that before, I've
- 1:46Speaker 1: got to show this to you guys.
- 1:48Speaker 4: Yea.
- 1:48Speaker 2: So it's the Trump always chicking out trade.
- 1:51Speaker 1: This is in reference to tariffs where he says, hey,
- 1:52Speaker 1: I'm gonna do it, I'm gonna do it, I'm doing
- 1:54Speaker 1: doesn't do it. But what do you think about this
- 1:56Speaker 1: news with Blackrock, Tim? I mean, this was huge, selling
- 2:00Speaker 1: twelve hundred and forty nine bitcoin and now buying twenty
- 2:04Speaker 1: seven thousand ethereum. What do you think this does to
- 2:06Speaker 1: the EKE price?
- 2:08Speaker 3: Well, yeah, let's not necessarily act like this is the
- 2:11Speaker 3: exact spark that's gonna make it move. But what has
- 2:16Speaker 3: happened every other bull market We get a big run
- 2:19Speaker 3: up on bitcoin, yes, and normally retail, but retailers usually
- 2:23Speaker 3: take profit on bitcoin and move it over and do
- 2:25Speaker 3: a theory of all coins? Is blackrock the new retail are? They?
- 2:28Speaker 3: Are they repeating all coin season just in their own rhythm?
- 2:32Speaker 3: They're late, right, It should have happened back in December.
- 2:34Speaker 3: They really took their time. It's coming maybe in June.
- 2:37Speaker 3: This lines up exactly with what we see going on
- 2:39Speaker 3: in the charts right now. Paul, I'm sure that we're
- 2:41Speaker 3: gonna go in there, but I think this is big news. Again,
- 2:44Speaker 3: let's not count chickens where they hatched. It's not like
- 2:47Speaker 3: that amount of money is life changing. Black Rice is
- 2:49Speaker 3: a very very small amount of money compared to them.
- 2:52Speaker 3: But if it's a beginning sign of things to come,
- 2:55Speaker 3: that's where the excitement should start to come in.
- 2:57Speaker 1: Yeah, And the beginning of sign is this right here.
- 3:00Speaker 1: I'm looking at the ibit ETF and this is the
- 3:04Speaker 1: first time we've seen that kind of outflow. This is
- 3:06Speaker 1: the deepest outflow in a well, maybe in history, it
- 3:09Speaker 1: looks like.
- 3:10Speaker 2: And if this is something that.
- 3:13Speaker 1: You know we're looking at when you think about what
- 3:16Speaker 1: Larry Fink is talking about around the future of what
- 3:19Speaker 1: Blackrock is trying to do around token I securities, then
- 3:22Speaker 1: ETH most.
- 3:22Speaker 2: Likely could be the play. Maybe it's just the point.
- 3:24Speaker 1: Where they have finally come in and said, we realize
- 3:28Speaker 1: what's happening, we understand it. Before we go to the chart,
- 3:31Speaker 1: I want to remind you guys, if you guys want
- 3:33Speaker 1: to follow Tim, you can do that by jumping over
- 3:35Speaker 1: to his channel, and that is Investing Bros right there
- 3:38Speaker 1: on YouTube.
- 3:40Speaker 2: I loved some of the videos you just did.
- 3:42Speaker 1: A couple of the ones I wanted to hit on
- 3:44Speaker 1: right here, the top three, So I know you're going
- 3:46Speaker 1: to reveal these since you revealed them on your channel. Yeah,
- 3:49Speaker 1: we'll talk about those, but let's go to the ETH
- 3:52Speaker 1: chart real quick and give me an idea of where
- 3:55Speaker 1: you think ETH is going to go here in the
- 3:57Speaker 1: near future. Near future, because it's kind of been sideway
- 4:00Speaker 1: is here for the last week or so.
- 4:02Speaker 3: Yeah, Well, we'll start off right there you said, reveal
- 4:04Speaker 3: the top three. We just did. That's a video that
- 4:06Speaker 3: just dropped today at noon. Number one was Ethereum. And
- 4:10Speaker 3: to be clear here, when we say top three, I
- 4:13Speaker 3: say in the video, don't necessarily look at these as
- 4:15Speaker 3: the top gainers. Look at them as the top three
- 4:18Speaker 3: most important important coins to watch in the month of June.
- 4:22Speaker 3: And Ethereum was coin number one. And in the video,
- 4:26Speaker 3: I'll do it here for everybody as well, but I
- 4:27Speaker 3: encourage you guys go check out the video as well.
- 4:30Speaker 3: What I discussed is the Ethereum chart over US dollar
- 4:33Speaker 3: is looking good. This formation that we're developing, throw out
- 4:37Speaker 3: last couple of months, last couple of weeks. Just talk
- 4:40Speaker 3: about what we are doing here since back on May fourteenth,
- 4:44Speaker 3: few all coins are holding up better. You take a
- 4:46Speaker 3: look at other things Solana trending downward, Cardono trending downward,
- 4:51Speaker 3: Sue of course trending downward. I think we might talk
- 4:53Speaker 3: about Chainlink later trending downward. Ethereum that's actually an up trend.
- 4:58Speaker 3: This is called an ascending triangle with higher lows and
- 5:01Speaker 3: a flat top. It's very bullish and when you attach
- 5:04Speaker 3: it to an explosive move like ethereum has called a flagpole.
- 5:08Speaker 3: This becomes a potential bull pennant with a target all
- 5:12Speaker 3: the way up here towards thirty eight hundred almost to
- 5:15Speaker 3: four thousand dollars. But this isn't even the biggest thing
- 5:18Speaker 3: to look at for the month of June, again ethereum
- 5:20Speaker 3: price should go up. But the more important chart to
- 5:23Speaker 3: keep an eye on is the ether over bitcoin chart,
- 5:26Speaker 3: where we're seeing something very similar, not necessarily the ascending triangle,
- 5:30Speaker 3: but it is some metical triangle still attached to a
- 5:33Speaker 3: big movement, and that right there is also a bullpennant
- 5:37Speaker 3: that could send the ethereum over bitcoin price back up
- 5:40Speaker 3: to levels we haven't seen since way back here in
- 5:43Speaker 3: January of this year. Why this is important is because
- 5:47Speaker 3: you know, this went way lower. This ether or a
- 5:49Speaker 3: bitcoin chart went way lower than I thought. But this
- 5:51Speaker 3: has been the largest rebound on ether over bitcoin since
- 5:55Speaker 3: all the way back here in August September of twenty
- 5:58Speaker 3: twenty two. Right for the bottom of the bear market.
- 6:02Speaker 3: Are we finally seeing ethereum rebound? We're seeing a similar
- 6:05Speaker 3: levels back to December of nineteenth January twenty twenty. Are
- 6:09Speaker 3: we about to see what history has always seen with
- 6:11Speaker 3: all coin season. We always see Bitcoin run up first,
- 6:15Speaker 3: and then all then ethereum start to run itself. It's
- 6:18Speaker 3: being a stick up steam and then all coins come after.
- 6:21Speaker 3: You go back to that Blackrock move again. What has
- 6:24Speaker 3: always happened. Bitcoin runs up, Retail takes profit from Bitcoin,
- 6:27Speaker 3: they move it into ethereum, then they get some profit
- 6:30Speaker 3: in ethereum, they start moving stuff into all coins. Are
- 6:32Speaker 3: we watching Blackrock say, you know what, we're gonna take
- 6:35Speaker 3: the same theory. We're not gonna do it in the
- 6:36Speaker 3: four year window the way everyone's planning on it. But
- 6:39Speaker 3: watch us repeat this Cica once again. There's a lot
- 6:42Speaker 3: of reasons to be not just excited about ethereum price,
- 6:45Speaker 3: but if you believe still an all coin season is
- 6:47Speaker 3: coming and that there are gonna be similarities to the past.
- 6:50Speaker 3: These all coin seasons have always started with an ether
- 6:52Speaker 3: over bitcoin schart finding a bottom and then're starting to
- 6:55Speaker 3: move to the upside.
- 6:56Speaker 1: Well, and everything's kind of lining up too. When you
- 6:58Speaker 1: look at the real future, and I think when you
- 7:01Speaker 1: think about institutional capital and ethereum, you have to look
- 7:05Speaker 1: to securitize. Good example here, this is just the yields
- 7:08Speaker 1: that are being paid out by securitized There of course
- 7:11Speaker 1: is aptos. You can go a little bit further down
- 7:14Speaker 1: and you start to see arbitrum playing in. Then there's
- 7:17Speaker 1: some avacs right there, one hundred and eighty five thousand.
- 7:20Speaker 1: Look at this right there, paid daily on ethereum. That's
- 7:24Speaker 1: why you're seeing institutional capital running into here. This is
- 7:28Speaker 1: the magic juice of really what's going forward? And with that,
- 7:32Speaker 1: I want to play the clip because this is what
- 7:34Speaker 1: we're going to answer right after this clip is should
- 7:37Speaker 1: you sell your bitcoin for eth?
- 7:39Speaker 4: You know where I'm going right Bitcoin Major industry conference
- 7:42Speaker 4: Bitcoin ETF are now seeing some of the biggest day
- 7:45Speaker 4: of outflows since February.
- 7:48Speaker 5: Everyone's on different stages of the journey. We've certainly opened
- 7:51Speaker 5: access with the launch of ibit last year. You know,
- 7:53Speaker 5: BlackRock's own models have allocated to ibidden in some of
- 7:56Speaker 5: the alternative models as a diversifier in a folios.
- 8:00Speaker 4: Is there in your mind timeline for when these types
- 8:05Speaker 4: of investors, retail or otherwise start to get more comfortable
- 8:09Speaker 4: with things that are not Bitcoin. I'm thinking about ethereum
- 8:13Speaker 4: ether is.
- 8:14Speaker 2: One of them.
- 8:14Speaker 5: I think what's changed in the last month that's notable
- 8:17Speaker 5: are the flows into our Ethereum etf Etha, which has
- 8:20Speaker 5: seen about a billion dollars a year to date, with
- 8:22Speaker 5: the majority of that coming just in the last three
- 8:24Speaker 5: or four weeks or so. It's an evolving landscape, you know.
- 8:26Speaker 5: We're seeing there's certainly been some strong performance of late
- 8:30Speaker 5: with Ethereum, and we've seen a baby upgrade to Ethereum,
- 8:32Speaker 5: which has brought kind of a new narrative into the
- 8:34Speaker 5: space as well. So from our lens and the clients
- 8:37Speaker 5: that we're speaking to, Bitcoin is still the vast majority
- 8:41Speaker 5: of the conversations and the interest amongst professional investors, but
- 8:45Speaker 5: we're starting to see Ethereum really pick up as well.
- 8:47Speaker 1: Well. I think Jay hit the nail on the head
- 8:49Speaker 1: and that it's just we're so early.
- 8:52Speaker 2: All right.
- 8:53Speaker 1: So my question to you, Tim is would you reposition
- 8:56Speaker 1: out of bitcoin if you had bitcoin and you've been
- 8:59Speaker 1: writing it up to one hundred and six right now
- 9:01Speaker 1: as of today, and say, hey, I'm going to take
- 9:03Speaker 1: profits and I'm going to reposition now. Maybe this is
- 9:06Speaker 1: the timing because maybe I have a limited amount of funds,
- 9:10Speaker 1: and that's a lot of questions I think that some
- 9:13Speaker 1: of our viewers are asking, how would you play that.
- 9:15Speaker 3: Yeah, I think the question would come down to who
- 9:18Speaker 3: the individual is and how they set themselves up for
- 9:21Speaker 3: tolerance of risk. If you are a higher risk tolerant
- 9:25Speaker 3: person and you want to front run movements, meaning you
- 9:28Speaker 3: see the beginning signs of the rumblings of an all
- 9:30Speaker 3: coin season, but you want to get into it before
- 9:33Speaker 3: it's kind of confirmed, then yes, I would say if
- 9:36Speaker 3: you have a good risk tolerance, it's time to start
- 9:38Speaker 3: transitioning more heavily into bitcoin, or sorry, away from bitcoin
- 9:41Speaker 3: into all coins. At the very least, if you still
- 9:44Speaker 3: have a DCA strategy, maybe it's time to get away
- 9:47Speaker 3: from a bitcoin DCA and start picking your front runners
- 9:49Speaker 3: for the all coin season.
- 9:51Speaker 2: Yeah.
- 9:52Speaker 3: I'm not going to recommend that for everybody, because there
- 9:54Speaker 3: is a world and I'm not thinking this is very likely,
- 9:56Speaker 3: but there's a world in which all coins do don't
- 10:00Speaker 3: get the same special run they've had in the past,
- 10:02Speaker 3: and bitcoin is the two darling. And even though you
- 10:05Speaker 3: know what I just showed you on the eight over
- 10:06Speaker 3: bitcoin chart is showing us a beginning move that says
- 10:09Speaker 3: an all coin season could be coming, it technically is
- 10:12Speaker 3: not confirmed, and for some investors it's better to just
- 10:16Speaker 3: be still and wait for confirmation, not try to risk
- 10:19Speaker 3: too much because you start second guesting yourself. And let's
- 10:22Speaker 3: pretend that eth Over bitcoin chart starts to drop. Well,
- 10:24Speaker 3: now you're beating yourself up for flipping out a bitcoin,
- 10:27Speaker 3: all coins, and now you're going back and forth and
- 10:29Speaker 3: back and forth, and you end up just selling every
- 10:31Speaker 3: single bottom and buying all the tops of everything. That's
- 10:34Speaker 3: not a recipe for success. So know yourself, know your
- 10:37Speaker 3: risk tolerance. Some of you it's time to start. If
- 10:40Speaker 3: you're risky. If you're a more conservative vestor and you
- 10:43Speaker 3: don't want to play a risky game, hold off just
- 10:45Speaker 3: a couple more weeks, look for some more confirmation. There's
- 10:48Speaker 3: plenty of bull run ahead of us. You're not gonna
- 10:49Speaker 3: miss out on major gains. You just might not be
- 10:51Speaker 3: able to front run it.
- 10:53Speaker 1: Yeah, and I think this is a that's a good
- 10:55Speaker 1: explanation because that you are right, and many people would
- 10:58Speaker 1: look at bitcoin if you just think of it as
- 10:59Speaker 1: a store or value and don't worry about that just
- 11:02Speaker 1: dollar cost average, whether you're because you're probably gonna hold
- 11:05Speaker 1: some of you're gonna hold bitcoin forever, you know, take
- 11:08Speaker 1: loans against it, all that kind of thing that eventually,
- 11:10Speaker 1: if we do see bitcoin kind of run to it's
- 11:13Speaker 1: it's levels that many people think it's going to, then
- 11:15Speaker 1: you're in the right place at the right time, but
- 11:18Speaker 1: you know, kind of jumping on that new potential there
- 11:20Speaker 1: unless you've got a strategy this high risk. I would
- 11:23Speaker 1: agree with Tim. Twenty one Shares is doing something that
- 11:26Speaker 1: I thought was interesting. They announced a three for one
- 11:29Speaker 1: share split and this is in reference to the ARCB
- 11:32Speaker 1: So this is basically the ibit of ARC. They're Bitcoin
- 11:36Speaker 1: ETF and I guess the thing the thesis behind this
- 11:39Speaker 1: is to feel like it's cheaper to buy a bitcoin
- 11:44Speaker 1: from a marketing standpoint, to get people to jump into
- 11:47Speaker 1: more bitcoin inflow for the ETFs. That's the only thing
- 11:50Speaker 1: I can think of, because it's kind of sometimes share
- 11:52Speaker 1: splits are just done for that purpose.
- 11:54Speaker 2: What do you think about that.
- 11:56Speaker 3: I hadn't seen that article. It's very interesting though, because
- 11:58Speaker 3: I had a bit tensor talel Ice fridcing video the
- 12:00Speaker 3: other day and I haven't seen a person say something
- 12:04Speaker 3: like this in many years. It's actually a sign that
- 12:07Speaker 3: the old coin that newer people are starting to jump in.
- 12:10Speaker 3: And the whole thing was because big tenser towel right now,
- 12:12Speaker 3: I think too is sitting at almost three ninety almost
- 12:15Speaker 3: four hundred dollars, and they the point of the video,
- 12:18Speaker 3: the point of the comment was like, why would I
- 12:20Speaker 3: buy bit tenser towel If I could buy for the
- 12:23Speaker 3: same amount of money for one bittenser towel, I could
- 12:25Speaker 3: buy like a hundred sui And it's like, that has
- 12:29Speaker 3: nothing to do with anything the price per co are
- 12:33Speaker 3: literally people Paul right now coming back who are sitting
- 12:35Speaker 3: here looking at cheap coins thinking well, if the coin
- 12:38Speaker 3: has a lower dollar symbol, then I can make money longer.
- 12:42Speaker 3: Termin It's like, well, that's that's not how that one works.
- 12:44Speaker 3: You have to look at supply and market cap and
- 12:46Speaker 3: a lot of other dynamics. But hey, you know what,
- 12:49Speaker 3: maybe twenty one understands. They're like, listen, we're gonna have
- 12:52Speaker 3: some people who don't understand numbers and they'd much rather
- 12:55Speaker 3: buy bitcoin at thirty thousand per coin than one hundred
- 13:00Speaker 3: thousand per coin. We're not really giving them a full coin,
- 13:02Speaker 3: but it'll make them feel better about their purchase.
- 13:05Speaker 1: Well, I think it is most likely you know, the
- 13:08Speaker 1: traditional retail that maybe have never you know, dipped into
- 13:12Speaker 1: crypto just yet, and they look at it as an
- 13:14Speaker 1: expensive stock because I this is something I hear all
- 13:17Speaker 1: the time from, you know, from people that are investing
- 13:20Speaker 1: in stocks. Sometimes they'll even ask about dividends and then
- 13:23Speaker 1: they asked about stocks, but they're like, oh, well, I
- 13:25Speaker 1: only want to buy stocks that are under one hundred dollars.
- 13:28Speaker 1: And then that makes me realize, Okay, now I understand
- 13:30Speaker 1: what you know. It's it's a concept of price for you,
- 13:33Speaker 1: but in reality it should be a concept of growth,
- 13:36Speaker 1: you know, for that, So I do agree with that.
- 13:38Speaker 1: Speaking of one last thing before we get into bitcoins
- 13:41Speaker 1: pricing and where it could be going, this of course
- 13:44Speaker 1: was the issue around Sharpling Gaming, and we've talked about
- 13:47Speaker 1: sharping Sharpling Gaming and their stock called s BET. Now
- 13:52Speaker 1: this is one that we've talked about. It's up two
- 13:54Speaker 1: thousand percent this week, and it's all geared toward eth play.
- 14:00Speaker 1: So just if you guys don't know, Sharplink Gaming basically
- 14:04Speaker 1: started a strategy that is just like micro strategy, putting
- 14:07Speaker 1: eth on their treasury and then committing new funds into more.
- 14:12Speaker 1: They add another billion dollars into this. When you look
- 14:15Speaker 1: at s bet right now, if you go to the chart,
- 14:18Speaker 1: tim and you see.
- 14:20Speaker 2: This growth what we've had.
- 14:21Speaker 1: If Eth runs and Sharplink continues to double down kind
- 14:27Speaker 1: of like a sailor.
- 14:27Speaker 2: Oh well, I'm just gonna buy.
- 14:28Speaker 1: More eth more eth more eth, what does the does
- 14:32Speaker 1: it end up looking like a strategy right now?
- 14:34Speaker 2: In terms of the stock strategy.
- 14:37Speaker 3: Yeah, this is an interesting one to keep an eye
- 14:39Speaker 3: on here. I'll say trade cautiously if you go to
- 14:43Speaker 3: trade this stock.
- 14:44Speaker 5: Uh.
- 14:44Speaker 3: This is one that has been telling us since back
- 14:47Speaker 3: in June of twenty twenty two that the weekly chart
- 14:51Speaker 3: was over extended. We have literally lived since June and
- 14:54Speaker 3: twenty twenty two in a constant some point we could
- 14:58Speaker 3: bounce back up. At some point we could bounce back up,
- 14:59Speaker 3: and some point we got bounced back up. Finally, here
- 15:02Speaker 3: you guys can see, as Paul said, you know, a big,
- 15:04Speaker 3: big jump in the stock price, massive gap right here
- 15:07Speaker 3: in the weekly and the weekly charts. But we have
- 15:10Speaker 3: a by signal. But we went from almost immediately again
- 15:13Speaker 3: a week and or a couple of weeks ago, about
- 15:15Speaker 3: a month ago, we're dramatically oversold. It's time for a
- 15:19Speaker 3: big blow up. We shot up and now even on
- 15:22Speaker 3: the weekly chart we are printing over bought signals. That
- 15:25Speaker 3: doesn't mean we have to pull back. There a arguably
- 15:28Speaker 3: people who look at this gap and say, oh, could
- 15:30Speaker 3: we come back down and fill this gap. But the
- 15:32Speaker 3: reason why I'm not ready to necessarily say that's for
- 15:34Speaker 3: certain is like I said, this downward bleed all throughout
- 15:39Speaker 3: the bear market, and then again, no bull market for
- 15:41Speaker 3: this stock whatsoever. It's almost more like this was a
- 15:44Speaker 3: suppressed spring that was waiting and waiting and waiting. It
- 15:47Speaker 3: got it spark and it shot up. So this is
- 15:50Speaker 3: kind of an ugly one. I want to see what
- 15:52Speaker 3: the next move looks like. I wouldn't touch this stock
- 15:55Speaker 3: one way or the other until the oscillators reset. We
- 15:58Speaker 3: had an explosive move, an explosive day. We absolutely could
- 16:02Speaker 3: continue or we could fill this gap. So the best
- 16:05Speaker 3: thing for most traders is to sit on the sideline,
- 16:08Speaker 3: wait for these oscillators to calm back down from this shock,
- 16:12Speaker 3: and then we'll get a better idea of true price
- 16:14Speaker 3: evaluation on sharp Link. But for now, if you held it,
- 16:18Speaker 3: good for you, if you made some money, good for you.
- 16:22Speaker 3: It's not necessarily a buy right now, but it also
- 16:24Speaker 3: isn't necessarily a sell hoddle on and watch how this
- 16:27Speaker 3: chart responds. Set up some stop losses in here, if
- 16:30Speaker 3: you were to come in and zoom into lower levels,
- 16:33Speaker 3: set up some stop losses where if a price gets
- 16:35Speaker 3: blow a certain amount, you want to sell out, because
- 16:38Speaker 3: then all of a sudden, we're looking at lower levels,
- 16:40Speaker 3: maybe back towards seven dollars we could buy it in
- 16:42Speaker 3: at But for now, this is a look, don't touch
- 16:47Speaker 3: chart in my opinion.
- 16:49Speaker 1: Listen, it's up seventeen hundred percent since we last reported
- 16:53Speaker 1: on this stock, on this stock, and mainly it was
- 16:55Speaker 1: because of the news around ethereum how it.
- 16:57Speaker 2: All plays out.
- 16:58Speaker 1: Let's go over to a couple of other things. I
- 17:00Speaker 1: want to jump over to robin Hood for a second.
- 17:02Speaker 1: Bitstamp now part of robin Hood. This is a big
- 17:05Speaker 1: deal that's been I think been brewing for quite some time.
- 17:09Speaker 1: Could be good for the robin Hood stock, which has
- 17:11Speaker 1: been on a tear for quite some time. Do you
- 17:15Speaker 1: think robin Hood continues its upward movement right now?
- 17:20Speaker 2: That's a good question.
- 17:21Speaker 3: I actually haven't looked at robin Hood charts in quite
- 17:24Speaker 3: some time, So let's go take a look there. I'll say, fundamentally,
- 17:27Speaker 3: I think robin Hood's in a very good place. And
- 17:28Speaker 3: it's funny because when I was getting in heavily involved
- 17:31Speaker 3: in trading, robin Hood was like the No No of crypto,
- 17:34Speaker 3: and no one wanted to touch it with a ten
- 17:35Speaker 3: foot pole. But now I think people are warming up
- 17:38Speaker 3: to it and saying, hey, this is a potential, real
- 17:41Speaker 3: big stock play. You can see here high as we've
- 17:44Speaker 3: been this entire cycle, not quite all time high, you know,
- 17:47Speaker 3: if you go back here into twenty twenty one, we
- 17:49Speaker 3: were a little higher when the stock was released, but
- 17:52Speaker 3: we're making some big moves here on the daily chart.
- 17:54Speaker 3: I'm gonna have to kind of come in here and
- 17:56Speaker 3: see what we have going on. I will. On the
- 17:59Speaker 3: daily chart, you you absolutely are seeing some over bought
- 18:02Speaker 3: signals coming in, not guaranteeing a pullback, because until I
- 18:06Speaker 3: see money flow go negative this green cloud, you don't
- 18:10Speaker 3: want to necessarily say, hey, it's all said and done.
- 18:12Speaker 3: What's gonna be bigger is what's what's it looking like
- 18:14Speaker 3: on the weekly chart? Where oh man, very good. Look
- 18:17Speaker 3: here on the weekly chart, we're building momentum up once again. Uh,
- 18:21Speaker 3: there's not gonna be a lot of a lot of
- 18:23Speaker 3: trajectory to the upside that I can use other than
- 18:26Speaker 3: using a Fibonacci extension tactic. As we get back towards
- 18:29Speaker 3: price discovery mode, keep an eye on former all time
- 18:32Speaker 3: high all the way up here at eighty five dollars.
- 18:35Speaker 3: Where is that one? Yeah? Okay, pretty much in that spot.
- 18:38Speaker 3: That's what I was gonna look at. The one point
- 18:39Speaker 3: two seventy two could be the next big resistant spot
- 18:42Speaker 3: now that you get into kind of price discovery mode,
- 18:44Speaker 3: former all time higher on eighty four eighty five dollars
- 18:47Speaker 3: would be a very interesting next target for Hood and
- 18:50Speaker 3: then it becomes a complete fundamental game. The way we
- 18:53Speaker 3: can start talking about a longer term levels here on
- 18:57Speaker 3: HOOD stock. If you were to come all the way
- 18:59Speaker 3: back down to the market bottom, let me fix this
- 19:01Speaker 3: for a second and I'll get the answer here. But
- 19:04Speaker 3: then you're starting to look at much larger targets, things
- 19:07Speaker 3: like one hundred and seventy two dollars per share. Absolutely crazy.
- 19:10Speaker 3: I'd have to take a look at what the market
- 19:12Speaker 3: gap would look like in that situation, but that would
- 19:16Speaker 3: be a target to keep an eye on potentially if
- 19:18Speaker 3: the bull market keeps going not just for crypto, but
- 19:21Speaker 3: the stock market as well. I would watch robin Hood
- 19:25Speaker 3: maybe up to that one point two seventy two in
- 19:26Speaker 3: the macro about one hundred and seventy dollars per stock.
- 19:29Speaker 1: Yeah, well you're looking at three things that are happening
- 19:32Speaker 1: all at once. Robinhood has really started to do a
- 19:35Speaker 1: lot of onboarding their new gold or their credit card
- 19:38Speaker 1: comes out. They're talking about the release of their bank app,
- 19:41Speaker 1: which could open up a whole new layer of customers.
- 19:44Speaker 1: And crypto has been one of the most profitable areas.
- 19:47Speaker 1: You time that with token is securities and yeah, you've
- 19:50Speaker 1: got a hot stock here. Let's jump over to a
- 19:53Speaker 1: bitcoin real quick. Tim Bitcoin traders now predicting a little
- 19:56Speaker 1: bit more of a correction, and this was talk about
- 20:00Speaker 1: earlier in the week, and then we saw a rebound
- 20:03Speaker 1: off of the one oh four back above one oh
- 20:05Speaker 1: six yesterday. Where do you like bitcoin right now? Do
- 20:09Speaker 1: you think it gets a shot at one ten again?
- 20:12Speaker 2: Yeah?
- 20:13Speaker 3: I think it's funny as we start to talk about
- 20:15Speaker 3: bitcoin and something we talked about earlier with ethereum massive outflolds.
- 20:19Speaker 3: I think you said, historically the greatest one week outflows
- 20:22Speaker 3: in bitcoin etf history, and yet Bitcoin still at one
- 20:26Speaker 3: hundred and six thousand dollars per coin. I'm gonna show
- 20:30Speaker 3: a couple things here on the charts when it portrays
- 20:32Speaker 3: to bitcoin. But I've been saying this to our community.
- 20:35Speaker 3: I'm not ready to say one hundred percent that this
- 20:39Speaker 3: pullback is done, but I will give you a couple
- 20:42Speaker 3: of reasons why it could be done. We had major
- 20:45Speaker 3: by levels on bitcoin, and I think I still have.
- 20:47Speaker 3: I took them off this chart, but we had by
- 20:49Speaker 3: levels between one oh eight and then one oh five,
- 20:52Speaker 3: and then we actually bought the one oh three five
- 20:54Speaker 3: dip on our trading group. But the reason why we
- 20:59Speaker 3: located that level was because of the lux Alego Smart trail.
- 21:02Speaker 3: Right here, and I had been saying for weeks on
- 21:04Speaker 3: your show, I said, and I'll admit right here I
- 21:08Speaker 3: was wrong. So anyone who said, oh, Tim, Tim said
- 21:11Speaker 3: we're gonna pull back in April, you're right. I did,
- 21:13Speaker 3: and then we didn't. I said we're gonna pull back
- 21:14Speaker 3: here in mid May. We didn't. But what was I
- 21:17Speaker 3: constantly saying. I constantly was saying, watch the daily Smart Trail.
- 21:21Speaker 3: We need to revisit the Daily Smart Trail in the
- 21:23Speaker 3: same way that we did way back here on the
- 21:26Speaker 3: initial breakout in September of twenty twenty four, retouched that
- 21:29Speaker 3: daily smart trail and then we were able to take
- 21:31Speaker 3: off into the big run. Well, I got what I
- 21:33Speaker 3: was asking for. I got exactly what I was looking for.
- 21:36Speaker 3: The question at the moment, upon looking at small could
- 21:40Speaker 3: we pull back further? Is gonna be? There's potential cell
- 21:44Speaker 3: signals coming in out here on the three daily and
- 21:47Speaker 3: the weekly, But the problem with these is you have
- 21:50Speaker 3: to maintain and keep staying up to date on things.
- 21:52Speaker 3: If you would look at this, yesterday we had red reversal,
- 21:54Speaker 3: barisalmnium and negative money flow. But guess what. This is
- 21:57Speaker 3: a three daily chart, which means we have to wait
- 21:59Speaker 3: for that candle to close every three days. Since yesterday
- 22:03Speaker 3: this money flow went from being negative to now it's
- 22:05Speaker 3: positive once again. We were flirting on the weekly chart
- 22:09Speaker 3: with a potential red reversal, barishalmentum, negative money flow. Guess
- 22:12Speaker 3: what two days ago all three of those were here
- 22:14Speaker 3: in the chart. But now all of a sudden, if
- 22:18Speaker 3: today this week closes bullish, you're cancing out the weekly
- 22:20Speaker 3: cell signals. So if those cell signals get canceled, and
- 22:24Speaker 3: all we were relying upon. The highest cell signal that
- 22:26Speaker 3: was actually confirmed was this daily cell signal red reversal,
- 22:29Speaker 3: barish fomentum, negative money flow, and we hit the target,
- 22:33Speaker 3: which was the daily smart trail. All of a sudden,
- 22:35Speaker 3: you are sitting here saying the bottom could be in.
- 22:38Speaker 3: If it's not in again, go back to the three
- 22:40Speaker 3: daily chart. I'm looking at ranges. Actually I don't even
- 22:43Speaker 3: like necessarily that range. I like there's a range a
- 22:45Speaker 3: little higher than that. I think there's some order blocks,
- 22:48Speaker 3: and the two daily smart traill. I like the range
- 22:50Speaker 3: closer towards one hundred and one the bottom of the
- 22:53Speaker 3: daily chart. The order block's right in here. I like
- 22:55Speaker 3: one hundred and one hundred and two as a better
- 22:58Speaker 3: zone of support. But the other reason that I'm very bullish,
- 23:01Speaker 3: and I think you've seen this chart before. I think
- 23:03Speaker 3: this is circulating the internet right now, So I don't
- 23:05Speaker 3: think I'm breaking any ice. But the M too money
- 23:08Speaker 3: supply is not something to ignore. And while the word
- 23:13Speaker 3: perfect is not the right word to describe the correlation
- 23:16Speaker 3: between bitcoins price and M two money supply, take a
- 23:19Speaker 3: look at it. That the blue is M two and
- 23:21Speaker 3: if you delay it by roughly ninety days, which is
- 23:24Speaker 3: what I'm doing right now. In this chart, it front
- 23:26Speaker 3: runs bitcoins price by roughly ninety days. Ninety days ago
- 23:31Speaker 3: we had a little bit of a pullback right in
- 23:33Speaker 3: here on me zoom back in ninety days ago, the
- 23:35Speaker 3: M two money supply had a little bit of a
- 23:37Speaker 3: pullback and then started running again. Today we had our
- 23:40Speaker 3: pullback right there in that zone. It's looking very close
- 23:44Speaker 3: like the timeline to resurge is back upon us. I'm
- 23:49Speaker 3: not saying follow the M two money supply perfectly, but
- 23:52Speaker 3: what I am saying is, if you are a fan
- 23:54Speaker 3: of it, whether we bottom out right here or we
- 23:56Speaker 3: pull back a little bit further towards one hundred k
- 23:58Speaker 3: M too, money supply is telling us Bitcoin and crypto
- 24:02Speaker 3: is about to make another run of its own. This
- 24:05Speaker 3: is a chart with a lot of historical accuracy in
- 24:08Speaker 3: predicting which way the markets you're about to go. I
- 24:11Speaker 3: would tell everyone, don't sleep on this chart. Don't sleep
- 24:13Speaker 3: on this analysis. Bitcoin's going to go up eventually here
- 24:16Speaker 3: in the next couple of days or weeks.
- 24:17Speaker 1: Well, and you've got to look at I think just
- 24:19Speaker 1: liquidity in general as it does start to shift away
- 24:22Speaker 1: as we see deals being made, whether it's through the
- 24:25Speaker 1: tariff situation or we see the Chennue bond market kind
- 24:27Speaker 1: of adjust, meaning a softer dollar, stronger digital assets that
- 24:33Speaker 1: of course ties into liquidity coming into the market. Hey, listen,
- 24:36Speaker 1: we got to talk about a touchy point and that
- 24:39Speaker 1: is chain Link, because I know you're a lover of
- 24:43Speaker 1: chain Link. Chain Link had a big, a big snafu
- 24:46Speaker 1: and many of you guys we reported on all last week,
- 24:48Speaker 1: but the big point was a lot disappeared off of
- 24:52Speaker 1: an oracle, and this is one of the things that
- 24:55Speaker 1: many people are questioning now around chain Link is does
- 25:01Speaker 1: this really kind of hurt their legacy going forward? Tim,
- 25:04Speaker 1: what is your feeling about this on chain Link? Give
- 25:07Speaker 1: me the rundown.
- 25:09Speaker 3: Yeah, So, I'm not losing any sleep, I'm not losing
- 25:14Speaker 3: any momentum here. When it comes to chain Link as
- 25:17Speaker 3: a whole, I'm still very bullish on it. And this
- 25:20Speaker 3: is one deal and I thought, I said five hundred
- 25:22Speaker 3: thousand was removed and I'm not going to act like
- 25:24Speaker 3: five hundred thousand is nothing. I would love to have
- 25:26Speaker 3: five hundred thousand dollars of crypto to lose like that
- 25:29Speaker 3: in a heartbeat. But let's not pretend that that's an
- 25:33Speaker 3: astronomical number when it comes to these cryptocurrencies. We're talking
- 25:38Speaker 3: about a market cap still of multiple billions. And while
- 25:41Speaker 3: we have seen I'm going to clean up my chart
- 25:43Speaker 3: here for a second so I can show it. While
- 25:44Speaker 3: we have seen chane Link bleed back down, so is
- 25:47Speaker 3: a lot of the rest of the alcorn space. Like
- 25:49Speaker 3: I said, I mean, ethereum is not bleeding back down,
- 25:51Speaker 3: but everything in crypto came back down. We're pretty much
- 25:56Speaker 3: sitting right on some major support right now with chain Link.
- 25:58Speaker 3: That is not crazy. I mean these are by singles
- 26:01Speaker 3: I put in weeks ago looking for a pullback, FIRSTUS sixteen,
- 26:04Speaker 3: then to fifteen, and then we bought some more here
- 26:07Speaker 3: at fourteen thirty nine. Again, was that the exact bottom. No,
- 26:09Speaker 3: it wasn't. But I was predicting a pullback like this
- 26:12Speaker 3: a couple of weeks ago before this news happened. If
- 26:16Speaker 3: this news was really detrimental, I believe we would see
- 26:19Speaker 3: chain Link actually collapsing a whole lot further to the downside.
- 26:22Speaker 3: But on the instead, I see this actually as a
- 26:25Speaker 3: catalyst that's going to allow the fud or the people
- 26:29Speaker 3: with wee cands to get out of chain Link, the
- 26:30Speaker 3: whales and institutions to buy it more of it. One
- 26:33Speaker 3: deal not being made doesn't kill everything else that chane
- 26:35Speaker 3: Link is doing. And until I hear the likes of
- 26:38Speaker 3: Blackrock and others who have vouched for chain links say up,
- 26:42Speaker 3: never mind, this oracle stinks, We're not using it, I'm
- 26:45Speaker 3: a continue to be bullish. By the way, we're starting
- 26:47Speaker 3: to trickle in with some major BI singles daily chart,
- 26:50Speaker 3: twelve hour chart. These are all giving us that loads,
- 26:52Speaker 3: giving us some major BI singgnals. We're still under a
- 26:55Speaker 3: longer term weekly buy signal here with targets to the
- 26:58Speaker 3: upside of at minimum back up towards twenty four dollars
- 27:02Speaker 3: at maximum forty dollars in the next couple of months.
- 27:06Speaker 3: So until I start to see some major sharts moving,
- 27:09Speaker 3: a news coming out saying that chane Link is done,
- 27:12Speaker 3: it's not gonna make it, I still am a big
- 27:15Speaker 3: believer in shane Link having their hand in almost everyone's
- 27:17Speaker 3: cookie jar. At the moment, this is fun and it's
- 27:20Speaker 3: it's it's doing what it's supposed to do by making
- 27:22Speaker 3: people think it's time to sell it. Chain Link right
- 27:25Speaker 3: before a massive rally.
- 27:26Speaker 1: Well, and that's that's an interesting point too, because you
- 27:30Speaker 1: it's good first of all that you're very convicted about
- 27:32Speaker 1: the topic, because I think the projects in many cases,
- 27:35Speaker 1: if you've got a lot of paper hands in some
- 27:37Speaker 1: of these, it really does cause a bit of a
- 27:39Speaker 1: problem in the market itself. But to your point, you know,
- 27:42Speaker 1: chain Link has not had this happen before. Almost every
- 27:44Speaker 1: chain out there has had some sort of you know,
- 27:47Speaker 1: debacle like these.
- 27:48Speaker 2: Let me flip over to Hype. Could Hype reach fifty?
- 27:52Speaker 2: That is the question.
- 27:54Speaker 1: May this token posted about an eighty percent rally? We've
- 27:57Speaker 1: seen that high of about forty bucks, it pulled back
- 27:59Speaker 1: down to thirty when you look at Hype right now,
- 28:02Speaker 1: hyper liquid For some of you guys have never seen
- 28:04Speaker 1: this token before, Well, first of all, do you like
- 28:07Speaker 1: a trade on Hype right now? Would you go into
- 28:10Speaker 1: it at its current price?
- 28:11Speaker 2: Yeah?
- 28:12Speaker 3: I have never traded Hype. So I'm about to look
- 28:14Speaker 3: up some stuff here quickly. But let's take a look
- 28:17Speaker 3: at the charts. I mean, this is ultimately I'm gonna
- 28:19Speaker 3: try to do some fly by two minute technical analysis here.
- 28:23Speaker 3: I'm gonna start with just taking a look at the
- 28:25Speaker 3: macro perspective. We haven't broken new all time highs from
- 28:28Speaker 3: the creation back in December of twenty fourth, but we've
- 28:30Speaker 3: made some big moves here. It's had a phenomenal run
- 28:33Speaker 3: since the bottom back in April. That's a very good side,
- 28:36Speaker 3: a lot of momentum, lots of conviction. I would say, yeah,
- 28:40Speaker 3: I'm not gonna learn a lot from the weekly chart
- 28:42Speaker 3: necessarily other than it's a little over extend. Let's go
- 28:44Speaker 3: down the daily chart here. This will give me a
- 28:46Speaker 3: little bit more to work with. Here you go, you
- 28:48Speaker 3: had a daily cell signal, red reversal, barish menium negative
- 28:51Speaker 3: money flow. The RSI was dramatically overextended. The MACD needed
- 28:54Speaker 3: to cross the barrish. What's the target though, the target's
- 28:57Speaker 3: the daily smart trail. We didn't quite touch it, but
- 29:00Speaker 3: I would say that's close enough for government work. The
- 29:02Speaker 3: fact that we're getting a nice little bounce here again
- 29:05Speaker 3: and that money flow is storry to come back in.
- 29:09Speaker 3: This isn't anofficial bisgnal because we never got a green reversal,
- 29:12Speaker 3: but we never needed one because the oscillators really didn't
- 29:14Speaker 3: drop down that far. At the very least, what I
- 29:17Speaker 3: see happening here is a move back up towards new
- 29:21Speaker 3: highs forty two to fifty dollars, and then you're gonna
- 29:24Speaker 3: be on watch for bearish divergence. This is where your
- 29:27Speaker 3: RSI put your price action puts in a higher high,
- 29:30Speaker 3: but the RSI maybe puts in a lower high. You
- 29:33Speaker 3: get some bearish divergence there. That's an ugly line. So
- 29:36Speaker 3: let me redraw that bearish divergence right here with a
- 29:38Speaker 3: higher price action, and then you have your actual stronger correction.
- 29:42Speaker 3: But for lack, I'm not a pun guy, but hype's
- 29:46Speaker 3: got a lot of hype right now. You don't bet
- 29:49Speaker 3: against the trend, and I'm not seeing there be any
- 29:52Speaker 3: evidence to say that the trend is coming to an ends. Yes,
- 29:55Speaker 3: yet the trend's very bullish. I would keep looking for
- 29:59Speaker 3: higher upside forty two fifty dollars to be a target
- 30:01Speaker 3: to watch out for.
- 30:02Speaker 1: All right, So keep an eye on that one, guys.
- 30:04Speaker 1: Some people are looking at being it being the soul
- 30:07Speaker 1: of this run. If that were to happen, interesting we could.
- 30:11Speaker 2: See up to well.
- 30:12Speaker 1: In this particular analysis, he calculated it the soul's market cap,
- 30:15Speaker 1: which would take it out around seven x in terms
- 30:17Speaker 1: of gains from where it is. So I don't know
- 30:20Speaker 1: this is it's one to tell because it is and
- 30:22Speaker 1: has come out of I won't say out of nowhere,
- 30:25Speaker 1: but it did accelerate very similar to Soul in its
- 30:28Speaker 1: early stage, so it'll be fun to watch. Avalanche is
- 30:32Speaker 1: one that we've stuck around with for a very long time.
- 30:35Speaker 1: It has been another slow mover similar to Eth, you know,
- 30:38Speaker 1: hovering around that twenty to twenty five dollars range. But
- 30:42Speaker 1: something has changed, and that is these l ones. Look
- 30:45Speaker 1: at that absolute blast off in terms of l ones
- 30:48Speaker 1: coming in all index now, monthly transaction counts starting to explode.
- 30:52Speaker 1: This means revenue. What does this look like for Avalanche
- 30:55Speaker 1: the token where it's trading right now? Do we have
- 30:58Speaker 1: a window here tim or we could see an explosion coming.
- 31:03Speaker 3: You know, as possible. I think people are getting sick
- 31:05Speaker 3: of me talking about real world asset plays. We haven't
- 31:08Speaker 3: had the catalyst come in. We just talked about chain Link.
- 31:10Speaker 3: I don't know if there's on the menu, but Onto.
- 31:12Speaker 3: People are complaining about Onto right now. So many fundamental
- 31:15Speaker 3: reasons to explode. These are all three of these, chain Link, avax, Onto,
- 31:19Speaker 3: all real world asset plays. But it's another reason to
- 31:21Speaker 3: be confident right now is with chain link falling, avax
- 31:24Speaker 3: chart I'll show you is not necessarily that impressive. It's
- 31:27Speaker 3: because it's not yet time for the real world assets
- 31:30Speaker 3: to go crazy explosive. Some people look at that as
- 31:33Speaker 3: a bad thing. I see as a very good thing.
- 31:35Speaker 3: Once again, like a lot of other things I've showed you,
- 31:38Speaker 3: there was a cell signal on the daily chart, we
- 31:40Speaker 3: came back down loloic or rebounced off the daily smart trail,
- 31:43Speaker 3: just like a lot of other things. But guess what,
- 31:45Speaker 3: just like some other coins as well, that lux Ago
- 31:48Speaker 3: oscillator green niversal bullshamentum positive money flow coming in here
- 31:52Speaker 3: on avax I would give it a short term target
- 31:55Speaker 3: of at least twenty six dollars back up these highs,
- 31:58Speaker 3: maybe the next couple of weeks up to thirty one.
- 32:01Speaker 3: This is the one though, that I'm watching. If the
- 32:03Speaker 3: weekly chart, and again we're under bullish signals here. We
- 32:06Speaker 3: have no official seal signal even though there's some negative
- 32:08Speaker 3: money flow right there. The flow is bullish on the
- 32:11Speaker 3: weekly chart. That one's giving us targets back up to
- 32:13Speaker 3: forty dollars. And if we start to expand and go
- 32:16Speaker 3: explosive like we could under a massive bull run. You
- 32:20Speaker 3: know you're starting off with just talking about getting back
- 32:22Speaker 3: up not I say backup? Yeah, okay, we were back
- 32:24Speaker 3: up here in twenty one, back up towards one hundred
- 32:27Speaker 3: dollars ninety dollars in this cloud, I still believe AVAS
- 32:30Speaker 3: from a market cap perspective, could end up sitting summer
- 32:33Speaker 3: in one hundred to two hundred dollars. Let's start off
- 32:36Speaker 3: by just getting back up above thirty. Then let's worry
- 32:38Speaker 3: about getting above fifty. But again, one hundred and two
- 32:41Speaker 3: hundred dollars still in the works for AVAX, and we're
- 32:44Speaker 3: getting the buy signals to kind of get some of
- 32:46Speaker 3: those results. It's just about, hey, we need the actual
- 32:49Speaker 3: catalyst to launch. What is that catalyst gonna be? In
- 32:52Speaker 3: my personal opinion, it's gonna be regulatory clarity. As soon
- 32:55Speaker 3: as it's clear how we can utilize all coins. Watch
- 32:58Speaker 3: the institutions who want to tokenize their assets go crazy
- 33:02Speaker 3: in the real world asset space, think the Avax, think Gondo,
- 33:06Speaker 3: think shame Link. We're very far away from a bear
- 33:09Speaker 3: market for those. We have a lot of room coming
- 33:11Speaker 3: still hold on by dips. If anything, these might still
- 33:14Speaker 3: be the the real asset plays might be the best
- 33:16Speaker 3: opportunities still to buy low and have massive tert Yeah.
- 33:20Speaker 1: Well, and you look at the ecosystem around Avalanche, much
- 33:24Speaker 1: of that could come in from the meme cycle. You
- 33:27Speaker 1: look at ket the kind of growth that's had since January.
- 33:30Speaker 1: I mean it's up nine thousand percent. So there's a
- 33:32Speaker 1: lot of potentials where people could recoil out of some
- 33:35Speaker 1: of these meme projects back into the core token, meaning Avalanche.
- 33:39Speaker 1: But to support it just from a trading standpoint, obviously,
- 33:42Speaker 1: the more strategic model is to play into the RWA's
- 33:46Speaker 1: and how this starts to set up on the institutional
- 33:49Speaker 1: side of things.
- 33:50Speaker 2: So this is another token.
- 33:51Speaker 1: We'll keep a very close eye on. Of course, Tim
- 33:54Speaker 1: and I will come back to you guys. We'll do
- 33:56Speaker 1: some more breakdowns of more tokens in our next show.
- 33:59Speaker 1: Tis love for coming in today.
- 34:01Speaker 2: We appreciate it absolutely.
- 34:02Speaker 3: Thanks for having me again. I'll see you again soon.
- 34:05Speaker 2: All right. Take care.
- 34:06Speaker 1: If you guys are not in the Diamond circle, jump
- 34:08Speaker 1: in right now. It's a free place where you get
- 34:10Speaker 1: additional content from us. Also, you can catch me out
- 34:12Speaker 1: there on Twitter, which is just at Paul Baron. We'll
- 34:15Speaker 1: catch you next time, right here on Techpath