Latest / The Paul Barron Crypto Show / Ethereum Short-Squeeze?🚀Technical Analysis w/ Investing Broz ​
Transcript
- 0:06Speaker 1: All right, eith could be on the verge of a
- 0:08Speaker 1: short squeeze. There could be a lot happening that you
- 0:10Speaker 1: guys do not want to miss. In this one, I'll
- 0:11Speaker 1: have Tim on. We're going to do some trading for you.
- 0:14Speaker 1: My name is Paul Baron. Welcome into the show. Let's
- 0:16Speaker 1: get started. I do want to thank our sponsor today,
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- 0:31Speaker 1: crypto portfolio. You can also get into gold and silver,
- 0:35Speaker 1: so it's a very flexible IRA. So you can get
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- 0:43Speaker 1: So check it out. Let's get into it today. I
- 0:44Speaker 1: want to bring in Tim Warren. Of course you guys
- 0:47Speaker 1: know Tim from investing bros. How are you, my man?
- 0:51Speaker 2: Good, being good, doing good, Glad to be back on
- 0:53Speaker 2: and man, how about these alt coins making some moves
- 0:57Speaker 2: a little bit don't jinx anything, right, but well yeah.
- 1:01Speaker 1: We're going to have a little bit on that with
- 1:03Speaker 1: some of the tokens today. Of course, just as a
- 1:05Speaker 1: reminder you guys, check out Tim's channel right there, Investing Bros.
- 1:09Speaker 1: Kicking it up over fifty k now and one of
- 1:11Speaker 1: the fastest growing channels out there. I don't know if
- 1:15Speaker 1: you know that, Tim, I saw a list you were
- 1:18Speaker 1: on it. I'll take yeah, okay, so good for you man. Anyway,
- 1:24Speaker 1: subscribe to Tim show. It's worth the time and the
- 1:27Speaker 1: effort to get out there. Let's lead into this right here,
- 1:30Speaker 1: and this is getting into possibly one of the largest
- 1:33Speaker 1: short ethereum future positions in history. And you look at
- 1:38Speaker 1: where ETH is right now, which is bumping that you know,
- 1:42Speaker 1: Trump Junior statement, which was the twenty seven hundred like
- 1:46Speaker 1: at the wrong time, because at that point, I don't
- 1:49Speaker 1: know if you remember that ETH dived, and of course
- 1:52Speaker 1: since then we've been trying to reclaim that. First of all,
- 1:55Speaker 1: when you look at the eighth chart right now, what
- 1:57Speaker 1: is your position on ETH as a trade? Is this
- 2:00Speaker 1: an all in right now or would you kind of
- 2:03Speaker 1: wait and see?
- 2:05Speaker 2: Yeah, I think you know all in would be a
- 2:07Speaker 2: strong statement. Of course, I'm spreading it out a lot
- 2:10Speaker 2: of different entries I'm going in. I have not added
- 2:13Speaker 2: to my long position on ethereum yet today. But there
- 2:16Speaker 2: is a level that when we break above. When you
- 2:18Speaker 2: say all in I'll take that as an interpretation of
- 2:20Speaker 2: all in is in confidence that man, things are about
- 2:23Speaker 2: to rip the upside. I'll show you what I want
- 2:25Speaker 2: to see to feel that kind of confident about ethereum
- 2:29Speaker 2: and feel parabolic. Let me just start off by saying,
- 2:31Speaker 2: you know, we were on the show here a couple
- 2:33Speaker 2: weeks ago where we talked about before the big correction
- 2:36Speaker 2: back here, and this of course had a lot to
- 2:38Speaker 2: do with scares about what was going on with Israel
- 2:41Speaker 2: and Iran. We crashed down here, we come all the
- 2:44Speaker 2: way back down to twenty one hundred. But before that
- 2:46Speaker 2: we were setting up a pretty good looking bull pennant pattern.
- 2:50Speaker 2: I mean, we even had a little bit of a
- 2:52Speaker 2: breakout right here. What kind of canceled this out? Though?
- 2:55Speaker 2: I always tell people, even though we like this breakout,
- 2:58Speaker 2: you want to see two candles, two candles on the
- 3:01Speaker 2: daily chart open and close, and you're going to see here.
- 3:05Speaker 2: While the tenth of June closed above giving us a
- 3:08Speaker 2: really good feeling about ethereum going big time, the next
- 3:12Speaker 2: day we opened went to the downside of it did
- 3:14Speaker 2: close above, but the next day we opened and closed
- 3:17Speaker 2: back down below the red line, failing to confirm the breakout.
- 3:20Speaker 2: Of course, after that we didn't just retest support. We
- 3:23Speaker 2: broke below it, giving a little bit of a fake
- 3:25Speaker 2: out to the downside. This ultimately, though coincidentally, if you
- 3:29Speaker 2: guys are Fibonacci, anyone watching who's a Fibonacci trader, you'll
- 3:33Speaker 2: see the perfection of that wick dropping to the golden
- 3:37Speaker 2: pocket of a Fibonacci retracement. And now we're back up
- 3:41Speaker 2: above this green line. We're pushing once again my level, Paul,
- 3:45Speaker 2: I'm still in my long position from ethereum way back
- 3:48Speaker 2: actually back in this area around seventeen hundred that I
- 3:51Speaker 2: set back in April. I'm going to add to that
- 3:55Speaker 2: position and feel all in confident when we get back
- 3:58Speaker 2: above twenty seven hundred. To be specific, the red line
- 4:02Speaker 2: I kind of really want to get above is twenty
- 4:03Speaker 2: seven forty two. Clearly, obviously, I also want to get
- 4:07Speaker 2: above the highs we had back in June. But getting
- 4:09Speaker 2: back above this red line, let's close a couple of
- 4:11Speaker 2: daily candles above that, and all of a sudden, even
- 4:14Speaker 2: though this is in the cleanest bullpenant pattern. I'm back
- 4:17Speaker 2: on that horse of saying, don't be surprised to see
- 4:19Speaker 2: Ethereum make a move in the next couple of weeks.
- 4:22Speaker 2: If we get that explosion going in the world of
- 4:25Speaker 2: all the way up above forty eight hundred, let me,
- 4:29Speaker 2: actually your faith say that end of summer, early fall,
- 4:32Speaker 2: next couple of weeks, I think a good target's going
- 4:34Speaker 2: to be somewhere closer towards thirty seven hundred, give or take.
- 4:38Speaker 2: But that's going to be very confident in my opinion,
- 4:41Speaker 2: when eth does that. I think the other chart to
- 4:43Speaker 2: keep an eye on when you're thinking ETH is let's
- 4:45Speaker 2: get back over to the eth over bitcoin chart where
- 4:48Speaker 2: we lost a trending level of support. We've broken down
- 4:51Speaker 2: below kind of created a little bit of a bull
- 4:53Speaker 2: flag pattern or a falling channel. Right now, you zoom
- 4:57Speaker 2: in right now eth over bitcoin hitting that former support
- 5:00Speaker 2: zone or trend. If we can turn that back into support,
- 5:04Speaker 2: if we don't reject right here and we get above,
- 5:07Speaker 2: that's also gonna be a major major win for all
- 5:10Speaker 2: coins in general. We're already watching bitcoin dominance come back
- 5:14Speaker 2: down below sixty five after testing sixty six percent. Way
- 5:18Speaker 2: too soon to call All Coin Season way too soon
- 5:21Speaker 2: to say Bitcoin dominance top is in for certain, but
- 5:24Speaker 2: you are gonna see daily bearish divergence. You are gonna
- 5:27Speaker 2: see this big collapse. Kind of happy right now if
- 5:31Speaker 2: ethover Bitcoin can jump that resistance level, if Ethereum can
- 5:35Speaker 2: get back over twenty seven hundred, it's not just Ethereum
- 5:38Speaker 2: we're feeling woolish about. It's an overall feeling of transitioning
- 5:42Speaker 2: to all coins finally, and ultimately. I know we might
- 5:45Speaker 2: talk about this later, but why is that I've been
- 5:47Speaker 2: saying this for a long time. My prediction of timeframe
- 5:50Speaker 2: has been off. But I said back in January, what
- 5:53Speaker 2: will cause all coin Season to launch? It will be
- 5:55Speaker 2: added liquidity. What's added liquidity? Rate cuts, money printing extra
- 6:01Speaker 2: money in the economy. There's a rumor out there right
- 6:03Speaker 2: now that I don't think is real, but Jerome Powell
- 6:05Speaker 2: might resign. We're going to continue to track that rumor.
- 6:07Speaker 2: But ultimately, even without him resigning, a lot of evidence
- 6:11Speaker 2: is piling in. A lot of rate cuts are coming
- 6:13Speaker 2: later this fall. Wales will not wait for the actual
- 6:15Speaker 2: rate cuts to happen. They will front run them just
- 6:17Speaker 2: because they're confident. No doubt we could see a run
- 6:20Speaker 2: happen soon if all these resistance on ethereum levels get broken.
- 6:24Speaker 1: Well, and you've got it. I mean we're right there
- 6:26Speaker 1: now kind of in the range that you're talking about,
- 6:28Speaker 1: which is around twenty seven to twenty eight hundred, which
- 6:31Speaker 1: is going to really get a lot of these bears liquidated.
- 6:34Speaker 1: There's a lot happening around this too that I think
- 6:37Speaker 1: a lot of people, maybe not are completely aware of.
- 6:40Speaker 1: One of the things has been around these treasury companies.
- 6:43Speaker 1: So remember s bet this is Sharplink Gaming. They were
- 6:47Speaker 1: up on Wall Street ringing the bell. It closed the
- 6:49Speaker 1: other day. But you got Joseph Lubin, who is pretty
- 6:52Speaker 1: much the guy behind Meta Mask, an eph legend that's
- 6:55Speaker 1: behind this company or one of the board members of it.
- 6:58Speaker 1: I think this is going to be very bullish for ethereum.
- 7:01Speaker 1: Let's talk about bitcoin testing one ten. This is where
- 7:05Speaker 1: everybody's looking at right now, and it appears that it
- 7:09Speaker 1: is having a tough time trying to break one ten.
- 7:12Speaker 1: What are you looking for right now on the bitcoin
- 7:14Speaker 1: chart for us to see a bitcoin breakout?
- 7:17Speaker 2: Yeah, it's no secret in al Paul, there's a lot
- 7:20Speaker 2: of bullish pressure and it's very clear that there is
- 7:22Speaker 2: some form of suppression keeping Bitcoin from a breakout. People
- 7:26Speaker 2: hate when they hear the term market manipulation. I'm sorry,
- 7:30Speaker 2: market manipulation happens. If you deny market manipulation, you probably
- 7:34Speaker 2: haven't been around Marcus. And I'm not talking about crypto.
- 7:36Speaker 2: That's the tale's oldest time, even in the stock market.
- 7:39Speaker 2: But right now what I'm tracking with bitcoin and again
- 7:42Speaker 2: one ten four hundred, one ten five hundred, I really
- 7:46Speaker 2: do want to get up there again, break those levels.
- 7:49Speaker 2: That'll be a breaking of a lower high set back
- 7:52Speaker 2: here in June. We have double topped, but we need
- 7:55Speaker 2: to get back into higher highs and higher lows. However,
- 7:58Speaker 2: before that, the lower highs lower lows did put us
- 8:01Speaker 2: into a bearish channel, and we have now successfully Remember
- 8:05Speaker 2: I told you before you want to open and close
- 8:07Speaker 2: several candles above. We have been flirting, and there was
- 8:10Speaker 2: a couple candles came back down below. But now we're
- 8:12Speaker 2: going on one, two three, We're on the fourth day
- 8:15Speaker 2: of closing candles above. This trend line of resistance that's
- 8:19Speaker 2: majorly bullish. This is you have a couple different things
- 8:22Speaker 2: here to look at. The most conservative estimate for a
- 8:25Speaker 2: breakout pattern here is going to be just saying, let's
- 8:28Speaker 2: treat this like a falling channel. We're coiling like a spring.
- 8:31Speaker 2: When this spring releases, we're talking about to move up
- 8:34Speaker 2: here close to one nineteen one to twenty area by
- 8:37Speaker 2: taking the opening that formation. The much more bullys perspective
- 8:40Speaker 2: when you zoom out is this coiling of the channel
- 8:43Speaker 2: attached to this flagpole. This is where you're still going
- 8:47Speaker 2: to see price predictions for later this year, maybe early
- 8:50Speaker 2: twenty twenty six. Time timelines are hard to predict perfectly.
- 8:54Speaker 2: There's still expectations of at least one point fifty on
- 8:57Speaker 2: formation alone. That's that's not even getting into speculation on
- 9:01Speaker 2: market cap and how much of institutional dollars are going
- 9:04Speaker 2: to pour in when they see the regulatory friendliness. This
- 9:07Speaker 2: is just ta alone. We're looking at short end one twenty,
- 9:12Speaker 2: longer term later this year one fifty. Then the question
- 9:15Speaker 2: is do we just kind of kind of trade sidaries
- 9:17Speaker 2: at one fifty for a little bit, creating another bullflag
- 9:20Speaker 2: that then shoots us up to two hundred to twenty.
- 9:23Speaker 2: A lot of bullishness left.
- 9:25Speaker 1: You've got so much really pent up on the two
- 9:28Speaker 1: factors right now I think that really hold back Bitcoin
- 9:31Speaker 1: are obviously rate cuts and the potential for that, but
- 9:34Speaker 1: also tariffs to a certain extent. Tariff's announced right there
- 9:38Speaker 1: following countries. We just had another seven. Now we've got
- 9:41Speaker 1: another seven that came in on this with Bangladesh. Now
- 9:45Speaker 1: a lot of these, you know, trade value, maybe not
- 9:47Speaker 1: as much. I think the other one was like one
- 9:49Speaker 1: hundred and sixty billion in trade value. I'm not sure
- 9:51Speaker 1: what this one is. But the fact that we're seeing
- 9:54Speaker 1: tariffs continue to climb, that's still very bullish. But the
- 9:56Speaker 1: key here, the key here has been do we get
- 10:00Speaker 1: past the tariffs before July thirtieth, That is when the
- 10:04Speaker 1: FOMC meeting occurs. It's where we could get some pressure
- 10:08Speaker 1: on Pal and this could really change things going forward.
- 10:12Speaker 1: One other thing that you have to watch for Tim
- 10:14Speaker 1: is how is retail responding right now in these markets.
- 10:18Speaker 1: Let me play a clip for you and then I'll
- 10:19Speaker 1: get your opinion. Take a look.
- 10:21Speaker 3: Now.
- 10:21Speaker 4: In order to participate in prime Day, Amazon does require
- 10:24Speaker 4: that products be at least twenty percent off the current
- 10:28Speaker 4: or the sale price and at least five percent off
- 10:31Speaker 4: that unique product's trailing ninety day median price.
- 10:35Speaker 2: Amazon is this engine of disinflation, and Prime Day is
- 10:39Speaker 2: on top of that kind of mandating these discounts and
- 10:42Speaker 2: so lower discounts. I just wonder how it feeds into
- 10:44Speaker 2: consumer psychology.
- 10:45Speaker 5: Absolutely, because I think everyone feels like things have gotten
- 10:49Speaker 5: more expensive, you know, if they don't have access to
- 10:50Speaker 5: some of this pricing analysis that we've shared, where yes,
- 10:53Speaker 5: maybe large things are up, but just a little bit,
- 10:56Speaker 5: I think it feels worse.
- 10:57Speaker 4: To some consumers. And so if then they see a
- 11:00Speaker 4: discount of twenty percent, does that incentivize them to buy
- 11:03Speaker 4: or do they say, wait a minute, how much of
- 11:04Speaker 4: a discount is this? If it's already gone up.
- 11:07Speaker 1: In ninety days, it's been enough time for things to
- 11:09Speaker 1: move exactly. So the point being is that is retail
- 11:13Speaker 1: going to buy in If retail shows strength, then it
- 11:17Speaker 1: tells us that we have a strong economy, even though yes,
- 11:20Speaker 1: credit is skyrocketing all time high. Obviously, Trump is over
- 11:24Speaker 1: here continuing to put pressure on pal. Here's what he's
- 11:26Speaker 1: calling for. This is crazy, and that is for the
- 11:29Speaker 1: first three hundred plus basis point interest rate cut in
- 11:33Speaker 1: US history. So, first of all, I don't think that
- 11:35Speaker 1: happens it's just not going to happen. But when we
- 11:38Speaker 1: do see the rate cuts, this clip right here may
- 11:41Speaker 1: explain a little bit more of how much impact this
- 11:44Speaker 1: will have on the market. Take a look.
- 11:46Speaker 3: Do you think gold and silver still have pretty big
- 11:49Speaker 3: run left in them?
- 11:50Speaker 2: Oh?
- 11:50Speaker 3: Yes, I do. We aren't even marginally. Oh see, things
- 11:54Speaker 3: calm down. It's risk gone, baby, risk gotten. No, it's
- 11:58Speaker 3: risk off and still risk off because this is the
- 12:01Speaker 3: only tool that they have.
- 12:05Speaker 2: That's it.
- 12:05Speaker 1: And I think the point is money printer is gonna hit.
- 12:08Speaker 2: Even Jerome Powell has recently, you know, and this is
- 12:11Speaker 2: a bullish face in a meeting he had last week.
- 12:13Speaker 2: I can't remember which which event it was, but he
- 12:15Speaker 2: said there's an overwhelming majority that are in the Fed
- 12:18Speaker 2: right now that are predicting rate cuts, multiple rate cuts
- 12:22Speaker 2: later this year.
- 12:23Speaker 3: Right.
- 12:23Speaker 2: He didn't give us a date, didn't give us a month.
- 12:25Speaker 2: He said multiple. So that means at least two, hopefully
- 12:27Speaker 2: it's closer to three. But that's there's no guarantee it
- 12:31Speaker 2: happens in July, like a lot of people are really
- 12:33Speaker 2: hoping for and clamoring for.
- 12:34Speaker 1: Yeah, for sure. Well, there's a lot of pressure on
- 12:36Speaker 1: him right now to step aside. Even if he were
- 12:38Speaker 1: a step aside and stay you know on you know,
- 12:41Speaker 1: in the the Fed, the key here would be does
- 12:45Speaker 1: he have enough influence because of his respect level, Because
- 12:48Speaker 1: a lot of the you know Fed governors still you know,
- 12:51Speaker 1: have him at a high level of respect. So that'll
- 12:54Speaker 1: be something to watch. Hey, listen, I want to move
- 12:55Speaker 1: over to XRP and Ripple big news this morning, and
- 13:00Speaker 1: y Mellon just became the primary custodian for Ripples rl USD.
- 13:04Speaker 1: This is a big deal because of BN y Mellon's
- 13:07Speaker 1: position on Wall Street and it pretty much says stable
- 13:11Speaker 1: corns a leergit. So I think we're gonna see a
- 13:13Speaker 1: lot of movement in the space. Obviously, kudos to the
- 13:16Speaker 1: Ripple team and everybody that's been working on this. But
- 13:20Speaker 1: when you look at XARP, obviously we saw a little
- 13:22Speaker 1: bit of a move here on XARP as a whole.
- 13:25Speaker 1: Where does the chart point to for XRP.
- 13:28Speaker 2: We were under suppression again on this channel right here.
- 13:31Speaker 2: We talked weeks ago, a couple weeks ago about the
- 13:34Speaker 2: Bolinger band constriction that was happening, even as far as
- 13:38Speaker 2: the weekly charter. We got lot of ways to go
- 13:40Speaker 2: before we expand that band. But the reason this is
- 13:42Speaker 2: so important is because the last time we were this tight,
- 13:45Speaker 2: of course XRP had a massive explosion to the upset.
- 13:48Speaker 2: But on a closer basis here, what I want to
- 13:50Speaker 2: kind of focus on the daily chart is again we
- 13:52Speaker 2: had been in this consolidating zone after hitting you know,
- 13:56Speaker 2: three thirty eight three thirty seven area way back here
- 13:59Speaker 2: in January, we pulled back. But for the most part,
- 14:02Speaker 2: look at the price action. I mean, just yeah, you
- 14:04Speaker 2: just got and draw a line down the middle of it. XRP.
- 14:06Speaker 2: It we get a little bit above, a little bit below,
- 14:08Speaker 2: but we just love staying right in here in this
- 14:11Speaker 2: camp of two thirty four, two thirty we're breaking above that.
- 14:16Speaker 2: We're breaking above that trend of lower highs and lower lows.
- 14:19Speaker 2: You know, to feel confident, let's get above two sixty seven,
- 14:21Speaker 2: the highs from back in May. But you know, I've
- 14:24Speaker 2: said on the show, the longer time frame bullflag pattern,
- 14:27Speaker 2: you're looking at somewhere eleven to twelve dollars area. Let's
- 14:31Speaker 2: let's kind of shorten the thought process on how high
- 14:33Speaker 2: XRP gets in the next couple of weeks. You know,
- 14:35Speaker 2: if you're a trader out there, you still are looking
- 14:38Speaker 2: at the opening of this channel, moving this over to
- 14:41Speaker 2: now a breakout point again multiple days opening and closing
- 14:44Speaker 2: above this red line, so confirm breakout point. We're watching
- 14:47Speaker 2: four dollars in the next couple of weeks, maybe next
- 14:50Speaker 2: month or two for XRP. That's a brand new all
- 14:52Speaker 2: time high. Not anything to scoff at. The bullishness on
- 14:55Speaker 2: XRP is continued to add up. And just like the
- 14:58Speaker 2: expression I talked about with coined with ethereum and others,
- 15:02Speaker 2: there's been suppression recently, there's been accumulation happening right in
- 15:05Speaker 2: that zone at two point thirty. We're starting to see
- 15:07Speaker 2: the release valve happen. And I know there's a lot
- 15:10Speaker 2: of people out there that will say, Tim, you're crazy.
- 15:11Speaker 2: Actually hasn't done anything for months. Guess what in the
- 15:14Speaker 2: world of trading, in the world of investing, go back
- 15:16Speaker 2: and look at charts. Historically, accumulation zones like what we
- 15:20Speaker 2: are watching happening on XRP and ethereum and bitcoin, they
- 15:24Speaker 2: get boring and they lull the retail investor into this
- 15:27Speaker 2: sleep to think we'll be boring forever, and then boom,
- 15:30Speaker 2: the whales come in, they buy the dip, the price explodes,
- 15:33Speaker 2: and retailers who jumped ship thinking everything was so boring
- 15:37Speaker 2: cry and say why didn't I hold why didn't I
- 15:39Speaker 2: keep it? They have to be patient with these things now.
- 15:42Speaker 1: Of course, zero fees on X stocks. All of this
- 15:45Speaker 1: is coming in right now. Within the Salana ecosystem. You
- 15:48Speaker 1: think about this, and I was just scanning through the
- 15:51Speaker 1: tokenised assets and you can kind of see the popularity
- 15:55Speaker 1: of where we're going here and the ecosystem starting to
- 15:58Speaker 1: trend that way. When it comes to Seoul. If you
- 16:02Speaker 1: look at Solana right now, what's the capacity for growth
- 16:06Speaker 1: on the Soul token itself?
- 16:10Speaker 2: Oh man, Macro, Uh, there's gonna be a fun I
- 16:14Speaker 2: have some micro stuff I want to talk about Macro.
- 16:16Speaker 2: You know I said this a while ago. I still
- 16:19Speaker 2: think when you look at market cap expectations, it's not
- 16:22Speaker 2: crazy to think that Solana can match market cap heights
- 16:26Speaker 2: that Ethereum had back in twenty twenty one. This is
- 16:28Speaker 2: gonna put Solana's price action north of one thousand dollars,
- 16:31Speaker 2: And everyone's saying, oh, Tim, one thousand dollars, that's crazy. Again.
- 16:35Speaker 2: You always got to go back to what is reasonable
- 16:37Speaker 2: in the world of market caps. Then, of course, take
- 16:40Speaker 2: a look at the tokenomics. Make sure you get your
- 16:42Speaker 2: timeline right. You're looking at what will the supply of
- 16:44Speaker 2: Solona be at that time. I still believe, from a
- 16:47Speaker 2: speculative standpoint, a market cap that matches what Ethereum did
- 16:50Speaker 2: back in twenty twenty one. I think you're gonna be
- 16:53Speaker 2: in the world of five hundred billion dollars. Uh, maybe
- 16:56Speaker 2: it's a little higher than that, but it a thousand dollars.
- 16:59Speaker 2: Solona absolutely doable in the long term. On a shorter
- 17:02Speaker 2: term again, this is when we actually broke out a
- 17:05Speaker 2: couple of a week and some change to go. But
- 17:08Speaker 2: we've been consolidating here once again. You know, let's get
- 17:10Speaker 2: Solana back above one sixty eight to feel good. But
- 17:13Speaker 2: in the short term you still have a little bit
- 17:15Speaker 2: more juice on Solana right here to make a move
- 17:18Speaker 2: at least in you know, in the next couple of days,
- 17:20Speaker 2: probably somewhere up here towards one seventy two. Then that
- 17:23Speaker 2: opens up a whole new thing where you get bullish
- 17:26Speaker 2: on Solana. There you start to pile in some analysis.
- 17:28Speaker 2: I have not done other projects. Come on, I want
- 17:30Speaker 2: to get rid of this line. Where are we getting
- 17:33Speaker 2: buy singles coming in from the luxe ago osh later,
- 17:35Speaker 2: one of my favorite indicators to trade and to know
- 17:38Speaker 2: when to buy and when to sell. You're getting a
- 17:40Speaker 2: BUI signal coming in on the daily chart. You kind
- 17:42Speaker 2: of zoom out all the way towards the weekly chart.
- 17:44Speaker 2: Same thing coming in here. Let's get some positive money flow.
- 17:47Speaker 2: But we have just turned after this gray dot and
- 17:50Speaker 2: sell signal back in here was a good sell pitch.
- 17:52Speaker 2: We have just confirmed this last week a green dot
- 17:55Speaker 2: once again. As the daily buy signal starts to pick
- 17:58Speaker 2: up juice the money flow in the week, each art
- 18:00Speaker 2: will go up as well. And then you're talking about
- 18:02Speaker 2: targets on Solana in the next couple of weeks, next
- 18:05Speaker 2: month or two back up above two forty start pushing
- 18:08Speaker 2: towards his red cloud backup to two seventy nine, and
- 18:11Speaker 2: then after that again. I could sit here and do
- 18:13Speaker 2: a lot more analysis on longer timeframes, but you get
- 18:16Speaker 2: starting to get a speculation. Even the things you're talking
- 18:18Speaker 2: about now, real world asset plays are not a joke
- 18:22Speaker 2: in this bull market. That is going to be one
- 18:24Speaker 2: of the biggest all coin plays. And again this will
- 18:26Speaker 2: all lead to, let's be reasonable, can Solana hit the
- 18:30Speaker 2: Ethereum market cap of twenty twenty five or twenty May one,
- 18:33Speaker 2: I believe easily. If you believe that's easily, do your
- 18:36Speaker 2: own math, do your own research, don't just take my
- 18:38Speaker 2: word for it. But that'll give you roughly in one
- 18:40Speaker 2: thousand dollars a little over one thousand dollars price prediction
- 18:43Speaker 2: for Solana.
- 18:44Speaker 1: So there's a lot of I want to kind of
- 18:46Speaker 1: bring that down a little bit in the sense of
- 18:48Speaker 1: not putting out too much hope him here on soul,
- 18:51Speaker 1: but there is a little bit of a narrative on
- 18:54Speaker 1: analysts that are talking about are we ever going to
- 18:57Speaker 1: see an all coin season again? And if you look
- 18:59Speaker 1: at that with the power of let's say the top
- 19:01Speaker 1: three tokens where you look at Bitcoin, e XRP, those
- 19:05Speaker 1: would pretty much be the foundations of where crypto is going.
- 19:08Speaker 1: A lot of narratives that are building in all three
- 19:11Speaker 1: of those. Solana feels like the odd man out now.
- 19:15Speaker 1: I granted they are not in the sense of innovation,
- 19:18Speaker 1: but being able to come back and match up to
- 19:21Speaker 1: Ethereum's market cap in twenty one would be a gargantuan
- 19:26Speaker 1: feat for that company, and if that happened, my gosh, Tim,
- 19:29Speaker 1: where would bitcoin be if that?
- 19:32Speaker 2: Yeah, No, it's ok. The concept here. You got to remember,
- 19:35Speaker 2: because I've had this theory, I haven't gone into this
- 19:37Speaker 2: theory in quite some time. In twenty twenty one, crypto
- 19:41Speaker 2: peaked at roughly three trillion dollars in total market cap.
- 19:45Speaker 2: You got to remember back in twenty seventeen it peaked
- 19:47Speaker 2: less than one trillion, right, So you have, first of all,
- 19:50Speaker 2: this just growing amount of money flowing into crypto in general.
- 19:54Speaker 2: And part of my theory for a massive prediction of
- 19:56Speaker 2: market caps in this cycle is this is the bull
- 19:59Speaker 2: market of institution utional adoption. And I realize when I
- 20:01Speaker 2: say all coin season, I'm probably saying the same word
- 20:05Speaker 2: to some people, but talking about something completely different. I
- 20:08Speaker 2: think some people see all coin season as a time
- 20:11Speaker 2: period where bitcoin dominance falls and every all coin under
- 20:14Speaker 2: the sun memes stupid coins, they all go crazy. Institutions
- 20:20Speaker 2: are going to get involved this time. Institutions are smart
- 20:23Speaker 2: institutions and invest in companies and cryptos that actually have
- 20:27Speaker 2: real utility. So when I'd say all coin season, I'm
- 20:29Speaker 2: not talking about mommy coin and daddy coin. I'm not
- 20:31Speaker 2: talking about dog cat with a hat on its mat.
- 20:35Speaker 2: I'm talking about what coin serve the institutions, What coin
- 20:39Speaker 2: serve tokenization, what coin serve bringing the Web two world
- 20:44Speaker 2: into the Web three world, What brings banks into cryptocurrency.
- 20:48Speaker 2: If you have a tie to a coin that does
- 20:51Speaker 2: that for institutions, that's where the money will flow. And
- 20:54Speaker 2: that will be all coin season, not everything. Not all
- 20:56Speaker 2: ten million coins that exist will rally. There might actually
- 21:00Speaker 2: be a select maybe fifty to one hundred that take
- 21:03Speaker 2: up the majority of the space because that's the only
- 21:06Speaker 2: ones institutions will actually be interested in.
- 21:08Speaker 1: Yeah, I mean you look at coin market cap today,
- 21:11Speaker 1: we're sitting at a little over three point four trillion.
- 21:13Speaker 1: I'll zoom in on that for you guys. And even
- 21:16Speaker 1: on the trending tokens, I mean, guys, outside of magic
- 21:19Speaker 1: and law, you've got xrp ethan XLM now right now
- 21:24Speaker 1: as some of the trending categories now, granted, sure there
- 21:27Speaker 1: are going to probably be some memes out there that
- 21:29Speaker 1: might break through, but even if you look at that,
- 21:33Speaker 1: because now there's a new narrative coming into these you know,
- 21:36Speaker 1: these treasury companies that are publicly traded. Are they the
- 21:40Speaker 1: new Meme court. We're probably going to see a lot
- 21:42Speaker 1: more of them coming out. Listen, this is going to
- 21:44Speaker 1: be an active market. I think with everything that's happening
- 21:47Speaker 1: right now. There is so much brewing right now within
- 21:50Speaker 1: the markets. With obvious federate cuts coming at us, the
- 21:53Speaker 1: market reconditioning around tariffs, all of these things are very
- 21:57Speaker 1: positive and bullish I think for risk assets. So get ay, guys,
- 22:01Speaker 1: buckle in and strap strap up, because I think we're
- 22:03Speaker 1: going to see some action here very quickly. Tim it's
- 22:05Speaker 1: been great having you on.
- 22:07Speaker 4: For sure.
- 22:08Speaker 1: We want to get you back on a trading show panel.
- 22:12Speaker 1: I think we talked about we did one last week
- 22:13Speaker 1: with you and Garrett. That was fun. Everybody loved it.
- 22:17Speaker 1: I want to get one with you and Evan and
- 22:19Speaker 1: have you guys break out some different analysis on different tokens.
- 22:25Speaker 1: People are asking for that, So we'll try to get
- 22:27Speaker 1: you back on for that when we can. But thanks
- 22:30Speaker 1: for coming into that.
- 22:30Speaker 2: We appreciate it, look forward to it and great being here.
- 22:34Speaker 2: Thanks for having me again, Paul.
- 22:35Speaker 1: All right, see you man. Okay, you guys, if you're
- 22:38Speaker 1: not in our telegram group. I'm going to show you
- 22:40Speaker 1: a screen real quick. You can actually join us over there.
- 22:42Speaker 1: We always leave a link down below and you can
- 22:45Speaker 1: use that link. It's the only link, and we only
- 22:47Speaker 1: have one group, so a lot of times people are
- 22:49Speaker 1: out there trying to scam. Pay attention. Use our links
- 22:52Speaker 1: on the YouTube channel that is in the description. That'll
- 22:56Speaker 1: take you to the Telegram group. That's where you can join.
- 22:58Speaker 1: Follow me on ex us at Paul Baron. I'll catch
- 23:01Speaker 1: you next time right here on the Paul Baron Show.
- 23:10Speaker 5: Mm hmm.