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Ethereum Nears All-Time High!🚀Crypto Market Update · The Paul Barron Crypto Show

• 0:00
  Speaker 1: Eth getting ready to hit an all time high. We'll
• 0:02
  Speaker 1: take a look at fed rate cuts. It's going to
• 0:04
  Speaker 1: be a banger. My name is Paul Barrew. Welcome back
• 0:06
  Speaker 1: into the show. I do want to thank our sponsor
• 0:08
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• 0:09
  Speaker 2: This is where you guys can get started on your
• 0:10
  Speaker 2: crypto journey.
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• 0:38
  Speaker 2: Use our link.
• 0:39
  Speaker 1: It does help the channel. Let's get into a couple
• 0:41
  Speaker 1: of points right now. Of course, the biggest issue is
• 0:44
  Speaker 1: the fed rate cup. If you take a look at
• 0:46
  Speaker 1: polymarket right now, holding at eighty eight percent right now,
• 0:49
  Speaker 1: this is insane for the potential around the September rate cut.
• 0:54
  Speaker 1: Even though I'm still anticipating that we may get a surprise,
• 0:58
  Speaker 1: and people are now starting to act actually talk about
• 1:01
  Speaker 1: that surprise, and that would mean a fifty basis points cut. Now,
• 1:04
  Speaker 1: if you guys remember we talked about this earlier in
• 1:07
  Speaker 1: the week, round five percent is where it was. So
• 1:09
  Speaker 1: we've had a little bit of an uptick just here recently.
• 1:12
  Speaker 1: There's been a lot of reasons why that is occurring.
• 1:15
  Speaker 1: But one of the key things that I think the
• 1:16
  Speaker 1: FED is starting to look at is the stickiness of inflation,
• 1:21
  Speaker 1: meaning it's holding right now and it's not necessarily responding
• 1:26
  Speaker 1: to what's happening in the tariff side of things. I
• 1:27
  Speaker 1: want to go over to a clip real quick, because
• 1:29
  Speaker 1: this is Scott Bessen asking for at least a fifty
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  Speaker 1: percent or a fifty basis point raycut.
• 1:35
  Speaker 3: Take a look, there's a very good chance of a
• 1:37
  Speaker 3: fifty basis point rate cut. They try to be more
• 1:40
  Speaker 3: data driven, which I think is a mistake. You know,
• 1:43
  Speaker 3: it's just very old fashioned thinking. But I do think
• 1:47
  Speaker 3: we could go into a series of rate cuts here,
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  Speaker 3: starting with a fifty basis point rate cut in September.
• 1:54
  Speaker 4: A fifteen basis rate cut in September. Is that signal
• 1:57
  Speaker 4: that the economy, though is not doing well.
• 2:00
  Speaker 3: That that signals that there's an adjustment, and if you
• 2:05
  Speaker 3: look at any model that the if you we should
• 2:09
  Speaker 3: probably be one hundred and fifty one hundred and seventy
• 2:12
  Speaker 3: five basis points lower. So probably one of the most
• 2:16
  Speaker 3: politicized governors just went off the board. Wow, she do that?
• 2:20
  Speaker 2: Gave you that impression? I'd love to know. Sorry, I'm
• 2:23
  Speaker 2: mentally you're referring to Governor Kougler. What does she do
• 2:25
  Speaker 2: that gave?
• 2:26
  Speaker 3: I think there's a lot of insight baseball. It was
• 2:29
  Speaker 3: hard to know whether we know TDS was a Trump
• 2:32
  Speaker 3: that dimension syndrome or Trump derangement syndrome or tariff arrangement syndrome.
• 2:39
  Speaker 2: Okay, so that's an interesting clip there.
• 2:43
  Speaker 1: But the point being is that he's talking about one
• 2:46
  Speaker 1: hundred and fifty basis points. Now what it would take
• 2:48
  Speaker 1: to get to that, but year in would be three
• 2:51
  Speaker 1: fifty basis points cuts in September, October, and December. That
• 2:56
  Speaker 1: is insane. I think I don't necessarily see the FAD
• 2:59
  Speaker 1: doing that. I think the key here, of course, though,
• 3:01
  Speaker 1: rolling into twenty twenty six, is the fact that we
• 3:04
  Speaker 1: do have a FED chair that will start to position
• 3:08
  Speaker 1: out of that role in that being, of course, chair
• 3:10
  Speaker 1: Pal that happens in May, so a lot is still
• 3:13
  Speaker 1: brewing around where this economy could be going.
• 3:16
  Speaker 2: Now.
• 3:17
  Speaker 1: One of the things around ethereum is how long.
• 3:19
  Speaker 2: Have you held it?
• 3:20
  Speaker 1: If you look at this tweet right here, if you
• 3:21
  Speaker 1: held through April twenty twenty five, this is one of.
• 3:24
  Speaker 2: The darkest days.
• 3:25
  Speaker 1: I would agree that is one of the darkest days.
• 3:27
  Speaker 1: You can go back and look at our ETH videos
• 3:30
  Speaker 1: back during that period of time, look at the bottom
• 3:33
  Speaker 1: that happened in April of this year. This is the
• 3:37
  Speaker 1: kind of narrative that we've been talking about with ETH.
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  Speaker 1: Everybody was saying, including myself, that was just exhausted by
• 3:43
  Speaker 1: eight exhausted.
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  Speaker 2: That it wasn't moving, continuing.
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  Speaker 1: To see a down trend. And I think this is
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  Speaker 1: something though that many.
• 3:50
  Speaker 2: Of us were at least lucky enough.
• 3:52
  Speaker 1: I won't say luck because you're a legend, as they
• 3:55
  Speaker 1: say right now, if you held through that period of time,
• 3:58
  Speaker 1: you definitely knew what you were doing. And I think
• 4:00
  Speaker 1: this is the key right now, because we are nearing
• 4:02
  Speaker 1: in to an all time high and the question is
• 4:05
  Speaker 1: what happens after that. Now many people are now starting
• 4:09
  Speaker 1: to forecast that Ethereum could hit twenty five thousand dollars,
• 4:12
  Speaker 1: this coming in from standard charter. Now, I want to
• 4:15
  Speaker 1: take that with a grain of salt, guys, because there's
• 4:17
  Speaker 1: a lot within this. If you look at what Nate's
• 4:19
  Speaker 1: saying here, is that these everybody remembers these. Okay, remember
• 4:24
  Speaker 1: everybody was pitching this that same standard charter right there.
• 4:28
  Speaker 1: That's in March that Eth is going to go four thousand.
• 4:33
  Speaker 1: All right, Then you go further into this. Let's go
• 4:36
  Speaker 1: into this analyst predicting a twenty percent price crash below
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  Speaker 1: two k.
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  Speaker 2: Here's why.
• 4:43
  Speaker 1: Then you go into that one the death cross for
• 4:45
  Speaker 1: twenty twenty two eighth price crash.
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  Speaker 3: You know.
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  Speaker 1: So this is the scenario that has been playing out
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  Speaker 1: for ETH for a long time. Finally EITH has its
• 4:53
  Speaker 1: day in the sun. It's going to see an all
• 4:54
  Speaker 1: time high. I think in just a matter maybe as
• 4:56
  Speaker 1: a matter of minutes. We'll take a look at the
• 4:58
  Speaker 1: charts here in a second. But I do want to
• 5:01
  Speaker 1: go to another clip, and this is interesting because it's
• 5:03
  Speaker 1: Kathy Woods and how she is moving into the ETH
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  Speaker 1: ecosystem through these ETH treasuries.
• 5:09
  Speaker 2: Take a look.
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  Speaker 4: It was very, very difficult for us to gain a
• 5:15
  Speaker 4: position in our ETFs to ETHER. There are all kinds
• 5:20
  Speaker 4: of problems. There are tax issues, fee issues. There's something
• 5:25
  Speaker 4: called bad income. If those gross profits are more than
• 5:29
  Speaker 4: ten percent of the total profits generated in a year,
• 5:33
  Speaker 4: the entire fund can be shut down. You'll lose a
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  Speaker 4: lot of tax benefits, a great number of fines if
• 5:39
  Speaker 4: not actually shutting down. So we can't take those risks.
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  Speaker 4: And I, as you can tell, I'm not deep into
• 5:44
  Speaker 4: tax lina, I'm not going to be able to explain
• 5:46
  Speaker 4: exactly who, what, when, where, why and how. I've just
• 5:49
  Speaker 4: listened to our trading team, our compliance team, our finance team,
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  Speaker 4: and I say, okay, I can't go there. It's just
• 5:56
  Speaker 4: I can't do it. So this is the first time
• 5:58
  Speaker 4: we've been able to gain a position in ETHER. Sure,
• 6:04
  Speaker 4: it comes at a premium. There's just more utility. The ETFs,
• 6:10
  Speaker 4: at least not yet, are not allowed to stake.
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  Speaker 1: All right, Well, I think a couple of points to
• 6:15
  Speaker 1: hit on that. What she's talking about is exposure to
• 6:18
  Speaker 1: ETH via these funds through publicly traded companies. These are
• 6:23
  Speaker 1: treasure companies that are holding treasuries against their m navy
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  Speaker 1: basically their value against what they're holding as ethereum, but
• 6:32
  Speaker 1: many of course are starting to build ecosystems around that.
• 6:34
  Speaker 1: I think that is going to be the growth mechanism.
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  Speaker 1: Tom Lee of course is the one she's representing there
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  Speaker 1: right now, and that's BM and r bitmine. What we've
• 6:43
  Speaker 1: also seen btcs as bet which is sharpening gaming. All
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  Speaker 1: of these have started to move in this direction, and
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  Speaker 1: I think if you look at what they're having to
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  Speaker 1: do on Wall Street, basically jump through a lot of
• 6:55
  Speaker 1: hoops and loops to get this done. But everybody else,
• 6:57
  Speaker 1: like you and I, have been able to do something
• 6:59
  Speaker 1: all ready, and that is steak your eth. But if
• 7:02
  Speaker 1: you did that, if you were staking eth, eth is
• 7:05
  Speaker 1: now outperforming Bitcoin by nine hundred basis points year to date,
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  Speaker 1: just on a staking compound. Remember, staking eth continues to
• 7:14
  Speaker 1: add more eth to it, which ends up compounding on
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  Speaker 1: those gains, which is what you're seeing right now. This
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  Speaker 1: is a big deal because I think this start starts
• 7:22
  Speaker 1: to play into maybe a strategy that a lot of
• 7:25
  Speaker 1: people might look at long term holding of a theory
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  Speaker 1: and more other assets out there that you can stake.
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  Speaker 1: And the real question is is how do we go
• 7:33
  Speaker 1: from staking into things like vaults, other DeFi plays. We're
• 7:37
  Speaker 1: going to get into that for you guys, because there's
• 7:38
  Speaker 1: a lot happening in that space. This is an interesting
• 7:42
  Speaker 1: statement right here. It takes four point twenty seven more
• 7:45
  Speaker 1: capital to move bitcoin the same percentage as ETH. So
• 7:50
  Speaker 1: think about that, four times the amount of capital to
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  Speaker 1: move Bitcoin in the same percentage that we're seeing happening
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  Speaker 1: in ETH right now. And look at the inflows now
• 8:00
  Speaker 1: in those ETFs five hundred and twenty three million. This
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  Speaker 1: was yesterday on eight against Bitcoin at sixty six million,
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  Speaker 1: So very interesting times right now. We're in a very
• 8:10
  Speaker 1: unusual moment I think in the market right now, because
• 8:14
  Speaker 1: narratives are starting to shift.
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  Speaker 3: Now.
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  Speaker 1: The ETH narrative has been playing out, but the ETH
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  Speaker 1: ecosystem hasn't completely.
• 8:22
  Speaker 2: Played out to its fullest.
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  Speaker 1: And the reason I say that is because of so
• 8:27
  Speaker 1: many different things that are happening right now. You've got
• 8:30
  Speaker 1: stable coins occurring at the same time as treasury companies.
• 8:34
  Speaker 1: You've got of course the Genius Act all starting to
• 8:37
  Speaker 1: play out in a regulatory front, and then you have
• 8:41
  Speaker 1: traditional finance starting to discover ethereum for the first time.
• 8:45
  Speaker 1: And I think this is what continues to push us
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  Speaker 1: in this direction. This is Kathy Woods also saying, hey,
• 8:51
  Speaker 1: I'm going to sell it a little bit of my
• 8:53
  Speaker 1: Solana for eth take a look.
• 8:55
  Speaker 4: Had a very heavy waiting in Solana until recent and
• 9:00
  Speaker 4: you know, we made a very good move at a
• 9:03
  Speaker 4: good time as Ether started to outpace Solana. I know
• 9:08
  Speaker 4: that Solana was doing much better at a massive run
• 9:14
  Speaker 4: relative to Ether. People were challenging that notion, and yet
• 9:19
  Speaker 4: we're seeing the votes being placed and it makes sense.
• 9:22
  Speaker 4: Ethereum higher cost and a little slower, it's more decentralized
• 9:28
  Speaker 4: and therefore more secure. Solana, we think, is probably going
• 9:33
  Speaker 4: to be the winner in more consumer facing applications. So
• 9:36
  Speaker 4: we put out something called Bitcoin Monthly. It's probably going
• 9:41
  Speaker 4: to be Bitcoin bi monthly. Then we're going to layer
• 9:45
  Speaker 4: into the alternative month's Ether Solana, and you know we're
• 9:50
  Speaker 4: watching layer twos of course as well.
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  Speaker 1: All Right, So she said a lot there, some of
• 9:56
  Speaker 1: the key things here, and I'll give you my opinion
• 9:59
  Speaker 1: on e versus right now, because there's a lot of
• 10:01
  Speaker 1: different strategies and it also depends on where you were
• 10:04
  Speaker 1: at in the buying cycle. And if you look at
• 10:07
  Speaker 1: Arthur Hayes, he's out there now on record coming in
• 10:10
  Speaker 1: for and will be an advisory in the advisory committee,
• 10:14
  Speaker 1: I should say for you, Pexy, And this of course
• 10:15
  Speaker 1: is a Salana Treasury company. And the idea was selling
• 10:19
  Speaker 1: ETH for Salona.
• 10:21
  Speaker 2: Now.
• 10:21
  Speaker 1: The concept right now is ETH nearing five thousand, Solana
• 10:25
  Speaker 1: now just clipping over two hundred bucks as we record
• 10:28
  Speaker 1: this today. The real question you have to ask yourself is,
• 10:31
  Speaker 1: first of all, where did you buy both those assets?
• 10:33
  Speaker 1: If you're in both of those assets, you may want
• 10:36
  Speaker 1: to say, Okay, I'm just going to hold both.
• 10:38
  Speaker 2: That could be a strategy.
• 10:39
  Speaker 1: The other route, of course, you have to look at
• 10:41
  Speaker 1: and say, is Solana from here from two hundred dollars,
• 10:45
  Speaker 1: is that a two x from where we are today?
• 10:47
  Speaker 1: And versus Eth is that a two.
• 10:50
  Speaker 2: X from where we are today?
• 10:51
  Speaker 1: And this may be a conviction for you in terms
• 10:54
  Speaker 1: of just the kind of investing style that you guys
• 10:56
  Speaker 1: are going into. But if you look at short term,
• 11:00
  Speaker 1: probably is the better play in terms of the games
• 11:02
  Speaker 1: that you will maybe look at in the next ninety days.
• 11:04
  Speaker 1: If you're looking long term, then Ethereum is probably the
• 11:08
  Speaker 1: better play because we're going to see and continue to
• 11:10
  Speaker 1: see a lot more involvement from Wall Street, and I
• 11:13
  Speaker 1: think that's the factor that is getting overlooked here in
• 11:18
  Speaker 1: terms of how the market is playing out.
• 11:19
  Speaker 2: Listen right now, if you're in.
• 11:21
  Speaker 1: Crypto and you've been here for more than a year, guys,
• 11:24
  Speaker 1: you are essentially into the club. You have been there
• 11:27
  Speaker 1: in very dark times prior to last year's election, when
• 11:31
  Speaker 1: things were not looking good in crypto. Obviously, that as
• 11:34
  Speaker 1: a complete pivot going forward, and I think that's the
• 11:37
  Speaker 1: thing that everybody has to remember. Now. What she did
• 11:40
  Speaker 1: say is layer twos now layer twos, you could start
• 11:43
  Speaker 1: to look at a variety of different projects out there.
• 11:45
  Speaker 1: We're going to get a video out for you guys
• 11:47
  Speaker 1: to kind of break down some of the ones that
• 11:49
  Speaker 1: we're watching. One though, to keep an eye on is
• 11:52
  Speaker 1: optimism now this and you could kind of go arbitrum optimism,
• 11:55
  Speaker 1: and we've.
• 11:55
  Speaker 2: Talked about both, both of which.
• 11:57
  Speaker 1: Have some interesting points. If you look at what allt
• 12:00
  Speaker 1: Air's getting into. This is the interesting part right here,
• 12:04
  Speaker 1: because if you look at it, optimism, arbitrum, all of
• 12:07
  Speaker 1: these are in a potential right now of a position
• 12:12
  Speaker 1: where we are going to see a narrative start to
• 12:15
  Speaker 1: play out. Now when Eth hits five k, and it
• 12:17
  Speaker 1: will you know, let's get to the all time high.
• 12:19
  Speaker 1: If it does start to hit five k, that is
• 12:22
  Speaker 1: a psychological effect on investors in a big way.
• 12:25
  Speaker 2: Now, there's two things that can happen.
• 12:26
  Speaker 1: You're going to have some investors that have been around
• 12:29
  Speaker 1: in eath for a long time and they're just going
• 12:31
  Speaker 1: to hold forever. And then you're going to have investors
• 12:33
  Speaker 1: that have not been around for a long time. Maybe
• 12:36
  Speaker 1: they bought at thirty five hundred when we started to
• 12:38
  Speaker 1: see that really aggressive move, Maybe they bought at you know,
• 12:42
  Speaker 1: fifteen hundred, whatever it might be. The key is what
• 12:46
  Speaker 1: is your expectation on ethereum long term? And I think
• 12:49
  Speaker 1: that's where we'll start to see things.
• 12:51
  Speaker 2: Start to move.
• 12:52
  Speaker 1: One other narrative to consider right now, because I think
• 12:54
  Speaker 1: a lot of people are trying to figure out, well,
• 12:56
  Speaker 1: if the ETH narrative does start to fade, and it's
• 12:58
  Speaker 1: more of a long term because we may get six
• 13:00
  Speaker 1: months or eight months worth of sideways action. And it
• 13:03
  Speaker 1: also could be a scenario where we get just you know,
• 13:05
  Speaker 1: a crash through five k and ETH starts to do
• 13:09
  Speaker 1: a lot of discovery. But one of the narratives that
• 13:11
  Speaker 1: you have to look at is going to be tokenized
• 13:13
  Speaker 1: treasurys talks, and I think that's something that we've started
• 13:17
  Speaker 1: to see movement within the Salana ecosystem. I would say
• 13:19
  Speaker 1: they're somewhat the leader, not necessarily the only one that's
• 13:22
  Speaker 1: going to be doing this, but definitely right now in
• 13:25
  Speaker 1: place to be an.
• 13:26
  Speaker 2: Early stage mover.
• 13:28
  Speaker 1: And that of course gets you into narratives and if
• 13:31
  Speaker 1: that is a narrative that could leap from here, that
• 13:34
  Speaker 1: could be the next play. And of course the Salona
• 13:36
  Speaker 1: ecosystem a lot of activity there. If you take a
• 13:38
  Speaker 1: look at the charts real quick, I'll just go up
• 13:40
  Speaker 1: and take a look at ethereum right now holding as
• 13:42
  Speaker 1: we record at forty seven to twenty two, and not
• 13:45
  Speaker 1: bad because sentiment is holding pretty solid right now on
• 13:48
  Speaker 1: our own trading signal, which has been very solid on
• 13:53
  Speaker 1: the sentiment tracking. So if you guys are not part
• 13:56
  Speaker 1: of the diamond circle, get in on that. Occasionally I'll
• 13:59
  Speaker 1: drop things like this chart right here, we'll talk about sentiment.
• 14:03
  Speaker 1: It also is one of the things that we've continued
• 14:05
  Speaker 1: to look at. Bitcoin trading at one twenty one starting
• 14:08
  Speaker 1: to crack in Mike get.
• 14:09
  Speaker 2: A shot at its all time high.
• 14:11
  Speaker 1: This is the highest close ever in the history of bitcoin.
• 14:15
  Speaker 2: So a lot happening with bitcoin.
• 14:17
  Speaker 1: And then if you take a look at Solana right there,
• 14:20
  Speaker 1: two big green candles on the daily after it has
• 14:23
  Speaker 1: reclaimed two hundred k or excuse me, two hundred dollars.
• 14:26
  Speaker 2: I'd love it reclaimed two hundred KA two hundred dollars.
• 14:30
  Speaker 1: And I think the key here with Solana again is
• 14:33
  Speaker 1: how does it respond when it starts to near this
• 14:36
  Speaker 1: kind of all time high potential. And when we look
• 14:39
  Speaker 1: at that around too, almost three hundred bucks. Is Solona
• 14:42
  Speaker 1: set for a four hundred dollars position? If we see
• 14:45
  Speaker 1: token is treasuries coming into the narrative, maybe that is
• 14:49
  Speaker 1: the case. As I said, if you're not in the
• 14:51
  Speaker 1: diamond circle, get in right now. It's a great place
• 14:52
  Speaker 1: to get additional content from us. It's an email that
• 14:54
  Speaker 1: comes out to you, gives you updates, additional research. Sometimes
• 14:58
  Speaker 1: I'll drop in sentiment stuff in there. All of that
• 15:01
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• 15:04
  Speaker 1: follow me on X at Paul Baron. I'll catch you
• 15:06
  Speaker 1: next time right here on the Paul Baron Show.
• 15:09
  Speaker 3: Thank you,