Latest / The Paul Barron Crypto Show / Any Juice Left To Squeeze? 📉 Crypto Technical Analysis with Tim Warren
Transcript
- 0:00Speaker 1: Retail is loading up. It's not just coming through BlackRock.
- 0:03Speaker 1: So today we wanted to break it down with a trader.
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- 0:45Speaker 1: Tell them we sent you. Let's get started. I want
- 0:47Speaker 1: to bring in Mr. Tim Warren, who's been coming in frequently.
- 0:52Speaker 1: If you guys are not following Tim, jump over to
- 0:54Speaker 1: his YouTube channel right now.
- 0:55Speaker 2: You can find him, Tim.
- 0:56Speaker 1: Warren Trades, right over there. Subscribe and let him know
- 1:00Speaker 1: that we sent you over there. He does a good
- 1:02Speaker 1: job on covering the market and doing some great analysis, Tim.
- 1:06Speaker 1: So welcome back in.
- 1:08Speaker 2: Hey, listen. Great to be back. Great to be back.
- 1:10Speaker 2: How are you doing, Paul? I'm good.
- 1:11Speaker 1: I'm good. We are ready to get going here. I'm
- 1:15Speaker 1: looking at a tweet of yours. Bitcoin gets to show
- 1:17Speaker 1: the durability of its latest higher high. Cal she thinks
- 1:21Speaker 1: 68% chance of October. hike because of the PMI print, oil, obviously,
- 1:29Speaker 1: all that good stuff. You got risk being pressured here.
- 1:31Speaker 1: Crypto can show some strength. Are you bullish or are
- 1:36Speaker 1: you neutral right now? What's your position?
- 1:39Speaker 3: Well, I think today's the day you're watching as we're
- 1:41Speaker 3: going to look on the charts here. There's actually reason to,
- 1:44Speaker 3: when you say short-term, short-term, meaning the next couple hours,
- 1:47Speaker 3: maybe even next day, heck, maybe we can extend the
- 1:49Speaker 3: rest of the week into being bullish, get that weekly
- 1:52Speaker 3: close above the former lower high at $ 82, 800 for Bitcoin.
- 1:58Speaker 3: But I still am wondering, as I'm looking at daily charts,
- 2:01Speaker 3: I do think that there's still a world in which
- 2:03Speaker 3: Bitcoin wants to drop. We told our community two days
- 2:06Speaker 3: ago that we would conservatively at least drop back down
- 2:11Speaker 3: to $ 82, 800. That happened last night. We hit our targets,
- 2:14Speaker 3: made some money in a short. Um, right now I'm
- 2:17Speaker 3: looking at potential longs to play some scalp longs, but
- 2:20Speaker 3: when I look at this daily chart and I see
- 2:22Speaker 3: the closeness of a cell signal, in fact, I think
- 2:24Speaker 3: the 12 hour chart did confirm a cell signal yesterday.
- 2:28Speaker 3: These are longer timeframes, right? So it takes a little
- 2:31Speaker 3: bit for it to play out. Like I said earlier,
- 2:33Speaker 3: the four-hour right now has just flashed by. But I
- 2:37Speaker 3: do believe that four-hour buy signal is going to be
- 2:39Speaker 3: within a wave of a downward movement. So could Bitcoin
- 2:42Speaker 3: come back up and maybe get back towards $ 86, 000, $ 86, 000,
- 2:45Speaker 3: and then kind of triple top there and then start
- 2:48Speaker 3: another way down? That's what I'm concerned about looking at
- 2:50Speaker 3: the daily chart. And right now, my concerted zone starting
- 2:55Speaker 3: at 82.8 obviously has been touched. The lower level of
- 2:57Speaker 3: that is 80,000. But I'm just not ruling out, Paul,
- 3:01Speaker 3: a world in which potentially bad news hits. We get
- 3:05Speaker 3: really concerned about another October rate hike. like you said,
- 3:10Speaker 3: the odds are already increasing. That's going to happen. What
- 3:12Speaker 3: happened last time? What happened this past month? We dropped
- 3:15Speaker 3: into the fear of it happening and then it happened
- 3:18Speaker 3: and we shot back up. What's my logic here? I
- 3:21Speaker 3: think it's actually a good thing that we're already estimating.
- 3:23Speaker 2: There's a rate hike. That means if there is one,
- 3:26Speaker 2: we'll bake it in quickly. It'll happen.
- 3:29Speaker 3: And then we'll be able to buy the news pretty much.
- 3:31Speaker 3: If it doesn't happen and we pause, that's even more
- 3:33Speaker 3: bullish because we were baking in another rate hike. And
- 3:36Speaker 3: Bitcoin and cryptocurrency can have a very big day following that.
- 3:39Speaker 2: Either way, I think that day is important.
- 3:41Speaker 1: Yeah, this would be a big deal if he rate
- 3:42Speaker 1: hikes on October 28th into a midterm, which not necessarily
- 3:48Speaker 1: has been done very often. And then I want to
- 3:50Speaker 1: go to a clip with you, because this will get
- 3:53Speaker 1: into more of an outline on how and if institutional
- 3:59Speaker 1: is the core of where some of this market is
- 4:02Speaker 1: coming from.
- 4:02Speaker 2: Take a look.
- 4:03Speaker 4: Foundations, endowments, pension funds, hedge funds, multifamily offices, and sovereign
- 4:08Speaker 4: wealth funds often play it close to the vest. Their
- 4:10Speaker 4: positions are private. Discretion is their bent. Earlier this year,
- 4:15Speaker 4: Bitwise sat down for in-depth interviews with senior investment professionals
- 4:19Speaker 4: at 15 of the world's largest institutions. Among the top
- 4:23Speaker 4: 10 findings, despite a 50% plus pullback in crypto prices
- 4:27Speaker 4: from October 25th, to April 26, not one institution we
- 4:32Speaker 4: interviewed planned to cut their exposure to the asset class.
- 4:35Speaker 4: They were allocating for the long haul.
- 4:37Speaker 1: I'll show you some things here from the Bitwise report
- 4:41Speaker 1: that is kind of interesting. A couple of points to
- 4:44Speaker 1: highlight here, Tim, and then I want to get into
- 4:46Speaker 1: a handful of tokens because we are going to look
- 4:48Speaker 1: at a whole bunch of altcoins today with you guys,
- 4:51Speaker 1: so get ready. Every institution that owns crypto owns Bitcoins.
- 4:55Speaker 1: for nearly all their first and their largest and long position.
- 4:58Speaker 1: And increasingly the one they pair with gold, which I
- 5:00Speaker 1: thought was interesting. And then allocations ranged.
- 5:03Speaker 2: Don't tell Peter Schiff that it would make him. Yeah, exactly.
- 5:06Speaker 5: Right.
- 5:07Speaker 1: And then the allocation range.
- 5:08Speaker 2: Look at this, man.
- 5:09Speaker 1: There's some high allocations here at 13% of investable assets.
- 5:15Speaker 1: I have not seen anything like that in TradFi before.
- 5:19Speaker 1: And then ETH and Solana are held, but smaller positions
- 5:22Speaker 1: on shorter horizons. with explicit exit conditions tied to, obviously,
- 5:28Speaker 1: the value accrual. So you look at that, and if
- 5:31Speaker 1: you look at the ETF inflow right now, I mean,
- 5:34Speaker 1: this is right into the point you're talking about, which
- 5:36Speaker 1: is whales absolutely skyrocketing in terms of these ETFs. And
- 5:41Speaker 1: it's not just iBit, guys. This is almost every Bitcoin
- 5:44Speaker 1: ETF out there that has been flowing. So when you
- 5:47Speaker 1: look at that and you compare, actually, I want to
- 5:51Speaker 1: go to a clip real quick. This is Andrew Parrish
- 5:53Speaker 1: talking about that. And then I want to kind of
- 5:54Speaker 1: get your opinion on this. Take a look.
- 5:56Speaker 5: The interesting thing about that nearly $ 1 billion is not
- 6:01Speaker 5: half or more of it came from IBIT. Only $ 380
- 6:04Speaker 5: million came from IBIT. It was spread across the top five. Also,
- 6:10Speaker 5: extremely interesting, Morgan Stanley did $ 61.
- 6:12Speaker 2: 7 million.
- 6:15Speaker 5: That's the biggest inflow they've ever had since inception by double.
- 6:20Speaker 2: If it's spread out, that's real.
- 6:22Speaker 1: This might be the first time we can go, wow,
- 6:24Speaker 1: people really bought a lot of this stuff.
- 6:27Speaker 5: Yeah, Fidelity had big inflows. ARK actually had big inflows.
- 6:31Speaker 5: That's retail demand, right? That's what jumped out to me
- 6:34Speaker 5: is that Morgan Stanley number is absolutely retail demand. That's
- 6:38Speaker 5: wealth management retail demand jumping into an asset.
- 6:43Speaker 1: All right, so retail demand. Here's my question. With that
- 6:47Speaker 1: kind of retail demand coming in through these ETFs, and
- 6:51Speaker 1: this is smart money, I would say, to a certain extent,
- 6:55Speaker 1: do you think that Bitcoin could actually retrace back down
- 7:00Speaker 1: below the 86 or 85 mark before we start? I
- 7:04Speaker 1: shouldn't say 86 or 85, but 82 to 79 in
- 7:05Speaker 1: terms of the next price opportunity to enter in.
- 7:14Speaker 3: Yeah, and that's kind of what I was getting at, even,
- 7:16Speaker 3: because you're right, as there's optimistic stuff being talked about,
- 7:20Speaker 3: you're going to get some retail FOMO going in. I
- 7:25Speaker 3: think most of us realize this is the bull market
- 7:27Speaker 3: of institutional adoption. This is where the institutions are going
- 7:30Speaker 3: to sink their teeth in and try to buy as
- 7:32Speaker 3: cheap as possible. One of the ways they do it, though,
- 7:34Speaker 3: is by keeping the bottom confusing. So the reason why
- 7:37Speaker 3: I don't think you see a massive inflow, you'll see
- 7:40Speaker 3: you'll see dabbling for retail, but the massive inflow comes
- 7:43Speaker 3: once there's a certainty. Because I won't be surprised, Paul,
- 7:46Speaker 3: if we see several shakes between now and new all-time highs,
- 7:51Speaker 3: where we hit a certain level, we drop back down
- 7:53Speaker 3: and make people start to wonder, oh, were we premature?
- 7:55Speaker 3: Is this actually still a bear market? And then we'll
- 7:57Speaker 3: jump back up and be like, no, never mind, we're
- 7:58Speaker 3: in a bull market. And then it'll drop back down
- 8:00Speaker 3: again and be like, oh, we keep getting faked out.
- 8:04Speaker 3: In the past, I think people have been a little spoiled.
- 8:07Speaker 3: I actually went over this on a show I did
- 8:08Speaker 3: earlier this week. People are a little spoiled about how
- 8:11Speaker 3: fast and aggressively Bitcoin can take off into bull markets.
- 8:16Speaker 3: But if you remember the slow draw in 2023, then 2024,
- 8:21Speaker 3: and 2025, very explosive, then long sideways boring action. Then explosive,
- 8:26Speaker 3: then long sideways boring action.
- 8:28Speaker 2: I think too many.
- 8:29Speaker 3: People are expecting 2020 to happen again after COVID or
- 8:33Speaker 3: they're looking for 2017, just explosive movements. I think what
- 8:36Speaker 3: we had to go through between 2023 and 2020, end
- 8:40Speaker 3: of 2025, that is probably more realistically what we should
- 8:45Speaker 3: be expecting moving forward as institutions.
- 8:47Speaker 2: I think you said it in the report you read before.
- 8:49Speaker 3: Yeah, a lot of them are allocating into Bitcoin, but
- 8:51Speaker 3: think about like Solana and Ethereum and altcoins.
- 8:53Speaker 1: Yeah.
- 8:54Speaker 2: They have rules.
- 8:55Speaker 3: Institutions have rules about they have to take profit after
- 8:58Speaker 3: a certain amount of gains, which means instead of just
- 9:00Speaker 3: this retail skyrocketing, you will see several choppy higher highs
- 9:05Speaker 3: and higher lows throughout this bull market as institutions manipulate
- 9:08Speaker 3: the space.
- 9:09Speaker 1: Well, speaking of that, we're going to talk about some
- 9:12Speaker 1: altcoins to keep a close eye on. Ando being one
- 9:15Speaker 1: of those. Ando partnered with Intelligent Portfolios, with BlackRock here.
- 9:20Speaker 1: And that wasn't all. They also have Ondo Perps, which
- 9:23Speaker 1: is now entered into the game. And then we'll get
- 9:27Speaker 1: into Nier in a second. But with Ondo and all
- 9:32Speaker 1: of these partnerships, this explosion into what has been on
- 9:38Speaker 1: the move for some time. Let's go to the chart
- 9:40Speaker 1: because I want to know, is there any juice left
- 9:42Speaker 1: in this one?
- 9:44Speaker 2: There is.
- 9:44Speaker 3: Now, how much more juice we'll have to discuss here
- 9:48Speaker 3: for this next little run?
- 9:50Speaker 2: Like I just said, expect explosion, chop. Explosion, chop. Explosion, chop.
- 9:56Speaker 3: Ondo, I'm really big on. Anyone who's watched my content
- 9:58Speaker 3: knows that I think Ondo is... Is the real world
- 10:01Speaker 3: asset coin to beat? We gave this target the other
- 10:05Speaker 3: day after a breakout. We were in a symmetrical triangle pattern,
- 10:08Speaker 3: lower highs and higher lows since back here in May.
- 10:11Speaker 3: But we finally broke out. We broke above after revisiting
- 10:14Speaker 3: the 200-day moving average. And we told people conservatively look
- 10:17Speaker 3: for a move up to $ 0. 54, aggressively $ 0. 62 based on
- 10:21Speaker 3: the breakout of this formation here with the symmetrical triangle pattern.
- 10:25Speaker 3: You can see we're getting very close to our conservative target.
- 10:28Speaker 3: Can we keep it going all the way up to 62?
- 10:30Speaker 3: I think because of the fireworks we're seeing right now
- 10:32Speaker 3: and it looks like we're starting to get some momentum
- 10:34Speaker 3: in other places, I think the answer could be yes here.
- 10:37Speaker 3: But this is a place that I myself and my
- 10:39Speaker 3: community are looking for profit taking on this next swing
- 10:44Speaker 3: on Ondo. And then, you know, when sell signals come in,
- 10:47Speaker 3: what I'm expecting, I don't expect a massive drawdown on Ondo.
- 10:50Speaker 3: I don't think the price is going to look like
- 10:52Speaker 3: this where it comes way down here. Just like this action,
- 10:56Speaker 3: don't be surprised if Ondo does things like hitting these
- 10:58Speaker 3: levels and then kind of trading sideways, maybe a little down,
- 11:01Speaker 3: then going up, and then trading sideways going down. I
- 11:04Speaker 3: think Ondo is a coin that could be closer to
- 11:07Speaker 3: $ 10 before the end of this next bull market, maybe
- 11:09Speaker 3: even above that. But it's not going to just take
- 11:11Speaker 3: off straight to that point with no pullbacks. It's going
- 11:14Speaker 3: to be choppy. It's going to have its good days.
- 11:16Speaker 3: It's going to have its confusing days. And so the
- 11:18Speaker 3: best thing to do is to accumulate, hold it long-term,
- 11:22Speaker 3: but then also look for the breakouts, learn to read
- 11:25Speaker 3: the charts and the signals of when things are overheated,
- 11:29Speaker 3: be patient, take some profit, wait for a cool off,
- 11:32Speaker 3: start accumulating again to prepare yourself for the next big run.
- 11:35Speaker 1: Your point of saying that Ando hits $ 10, that's a
- 11:39Speaker 1: 5X from its all-time high, Tim.
- 11:40Speaker 2: 100%.
- 11:42Speaker 3: Well, and the reason why is because re-enrolled assets were
- 11:45Speaker 3: not being used in 2024. They were being talked about, pontificated.
- 11:49Speaker 3: How cool would it be if, but then everyone thought
- 11:52Speaker 3: that bull market was going to be where the institutions
- 11:54Speaker 3: got in.
- 11:54Speaker 2: The institutions didn't.
- 11:55Speaker 3: The institutions just, they kind of flirted with crypto, but
- 11:58Speaker 3: kind of said not yet, waiting on clarity, waiting on
- 12:00Speaker 3: some other things to happen.
- 12:01Speaker 2: Well, guess what?
- 12:03Speaker 3: Clarity Act might not happen from Congress, but what the
- 12:06Speaker 3: CFDC and the SEC are doing, regulation is coming. Russia
- 12:10Speaker 3: has talked about regulation in crypto. China's talked about regulation
- 12:13Speaker 3: in crypto. Xi Jinping was just here talking with Trump about,
- 12:17Speaker 3: and I know he talked most about AI and the
- 12:19Speaker 3: AI field, but anyone with two cents in between their
- 12:23Speaker 3: two ears realizes that as AI goes, so will crypto.
- 12:28Speaker 3: AI is the future of how business will work. And
- 12:31Speaker 3: crypto is the future of how the finances will work.
- 12:34Speaker 3: So as all that's really starting to heat up, as
- 12:36Speaker 3: real world assets start to become a very real thing,
- 12:39Speaker 3: we're no longer pontificating or guessing.
- 12:41Speaker 2: We will actually see it be utilized.
- 12:43Speaker 3: And as we've said several times, Ando, until proven otherwise,
- 12:48Speaker 3: Ando is the leader of the real world.
- 12:50Speaker 2: Asset space and will benefit the most from it.
- 12:52Speaker 1: All right, there you go. The connection to NEAR is
- 12:55Speaker 1: real because now you can trade RWAs confidentially. This gets
- 12:58Speaker 1: into something we've talked about with NEAR protocol quite a bit.
- 13:03Speaker 1: When you look at the NEAR chart right now, this
- 13:05Speaker 1: thing has been nosebleed levels in terms of chart movement.
- 13:11Speaker 1: Where does this token head to in the next 12,
- 13:15Speaker 1: 18 months, Tim?
- 13:17Speaker 2: What do you think? So this is one right here.
- 13:20Speaker 3: I just told you we had some levels on Ondo
- 13:22Speaker 3: where we haven't quite hit yet. We have exceeded all
- 13:25Speaker 3: of my expectations on this recent move for near. I
- 13:28Speaker 3: had some levels here at 432. And as you can tell,
- 13:31Speaker 3: we went through that level and we're just continuing to run.
- 13:34Speaker 3: That being said, you got an extremely overbought chart at
- 13:38Speaker 3: the moment. So this is not something that I'm looking
- 13:41Speaker 3: at near right now saying, ooh, yes, great buy level.
- 13:44Speaker 3: We're going to have a correction at some time, at
- 13:47Speaker 3: the very least, a boring sideways movement. But near is exploding.
- 13:51Speaker 3: And there's no other way to put it. We've broken
- 13:54Speaker 3: the bear market trend. We've broken the 200-day moving average.
- 13:58Speaker 3: The highs for near, all-time highs, you obviously have to
- 14:01Speaker 3: go back all the way over here into 2021. Around
- 14:04Speaker 3: 20 almost $ 21 what i'm keeping my eyes on is,
- 14:08Speaker 3: I think we do have another correction here, but by
- 14:10Speaker 3: end of year, could we see a higher high than 2025.
- 14:14Speaker 3: At $ 9 that's or 893 to be specific, but that's
- 14:17Speaker 3: the question that we should start to look at. Effectively,
- 14:21Speaker 3: if you guys look at this yellow and the reason
- 14:22Speaker 3: is your line is here is because this yellow line
- 14:24Speaker 3: was the last level of resistance. before you start to
- 14:28Speaker 3: say like, there's really not a lot stopping near from
- 14:31Speaker 3: just going ahead and breaking those 2025 holds. So my
- 14:34Speaker 3: guess is we're a little overbought right now. We end
- 14:36Speaker 3: up having some form of a correction and we pull back.
- 14:40Speaker 3: And then our next big move does take us above
- 14:42Speaker 3: that $ 9 mark.
- 14:44Speaker 1: Listen, we're going to probably do a little bit more
- 14:46Speaker 1: deeper dive on near coming up in some other videos,
- 14:50Speaker 1: because there's some interesting things they're doing that I think
- 14:52Speaker 1: that may get to your thesis on this, that it
- 14:55Speaker 1: has a big, you know, future ahead of it. I
- 14:58Speaker 1: want to jump over to LIDAR. This, of course, being
- 15:01Speaker 1: a lot of activity. And of course, when you think
- 15:04Speaker 1: about this, very tied in to Robinhood and the growth
- 15:08Speaker 1: there that's happening. When you look at LIT, the token,
- 15:13Speaker 1: tell me where you think this one's heading, Tim.
- 15:16Speaker 2: I'll be honest with you.
- 15:17Speaker 3: I don't look at this chart very often, so I'm
- 15:19Speaker 3: looking at it right now. Someone from our community definitely
- 15:22Speaker 3: had me looking at this a couple of weeks ago.
- 15:25Speaker 2: So it was something we noticed.
- 15:27Speaker 3: There were some good buy signals that came in, but
- 15:31Speaker 3: I have not put a whole lot of thought into it.
- 15:33Speaker 3: But you can see some very real momentum coming in here.
- 15:37Speaker 3: There's going to be two spots above us to definitely
- 15:39Speaker 3: keep your eyes on. I'm going to look at the
- 15:40Speaker 3: oscillators here in just a second, but just off the bat,
- 15:43Speaker 3: you're going to take your eyes and you're going to
- 15:44Speaker 3: look up here at highs from back in April of 21.
- 15:47Speaker 2: You're looking at highs from here in November of 21.
- 15:49Speaker 3: Um, And say that those two marks on 780 and
- 15:52Speaker 3: 1347 should be pretty big levels to keep an eye on.
- 15:57Speaker 3: There's macro resistance at those positions. Now, daily chart, we
- 16:01Speaker 3: do have a fresh daily buy signal. So that's a
- 16:03Speaker 3: good sign right now. Problem is, and it's going to
- 16:06Speaker 3: be hard to see when this happens. So I will
- 16:09Speaker 3: have to see the next sell signal. But clearly you
- 16:11Speaker 3: can see that those are higher highs in price action.
- 16:14Speaker 3: and lower highs in RSI. So we are building what
- 16:17Speaker 3: I would call double bearish divergence. It is a sign
- 16:20Speaker 3: of how strong the bulls are, but it is something
- 16:22Speaker 3: that tells me we should have a more decent size
- 16:26Speaker 3: correction sooner rather than later. The weekly chart does not
- 16:29Speaker 3: bearish divergence, but it's extremely overbought here as well. So again,
- 16:32Speaker 3: from a macro perspective, it's hard to say that this
- 16:38Speaker 3: is a good time to buy. At the very least,
- 16:40Speaker 3: you want to cool off back down, at least back
- 16:42Speaker 3: down towards that yellow line, if not towards the 50. Obviously,
- 16:45Speaker 3: like if you were to stay back in here, this
- 16:47Speaker 3: was a bad time to buy. But if you get
- 16:48Speaker 3: that bounce off the yellow, that was another buy signal
- 16:51Speaker 3: from the weekly chart. You're looking for another thing here.
- 16:53Speaker 2: We're overextended. I would encourage people, don't FOMO in.
- 16:56Speaker 3: Clearly something with LIDAR is going well and people like it,
- 16:59Speaker 3: but wait for the correction and maybe that next weekly
- 17:02Speaker 3: or at least daily buy signal would be the right
- 17:05Speaker 3: time to allocate. A lot of times, like I said earlier,
- 17:08Speaker 3: retail will do this where they see a project like
- 17:11Speaker 3: LIDAR that, by the way, I want to look at
- 17:13Speaker 3: the percentage here.
- 17:14Speaker 2: It's up a ridiculous number over the last couple of months.
- 17:18Speaker 3: People are looking at this since back in May, and
- 17:20Speaker 3: they see a project that's up 550%. And they're just like, man,
- 17:25Speaker 3: I've got to get on this. And they end up
- 17:27Speaker 3: buying a local top. Wait for cool offs to allocate.
- 17:32Speaker 3: But just put this in your little trading book right now. Hey,
- 17:35Speaker 3: I'm waiting for cool off on lighter, and I'll buy
- 17:37Speaker 3: the next dip.
- 17:38Speaker 1: Let's talk about Ethereum because ETH also, even though we've
- 17:42Speaker 1: seen skyrockets on many of these tokens and many of
- 17:46Speaker 1: them have started to position, you look at Uniswap, we'll
- 17:48Speaker 1: talk about that in a second. But when you look
- 17:51Speaker 1: at Ethereum right now, give me a year-end target for ETH.
- 17:57Speaker 2: Goodness gracious, year-end targets are always the funnest. Let me
- 18:01Speaker 2: start off before I give a year-end target.
- 18:02Speaker 3: I'm just loving what I'm seeing here from Ethereum. You know,
- 18:06Speaker 3: all the classics broke the bear market trend line, broke
- 18:08Speaker 3: the 200-day moving average. We've seen historically another confirmation of
- 18:14Speaker 3: a bull market, the golden cross after a bear market.
- 18:18Speaker 3: is the time that you confirm the bull market as well.
- 18:21Speaker 3: You broke to the higher high. You broke through a
- 18:23Speaker 3: trend line. There were some bears saying, I don't care
- 18:25Speaker 3: that we're at a higher high. We have a trend
- 18:26Speaker 3: of resistance. This is going to knock Ethereum back down.
- 18:29Speaker 3: We broke that resistance, right? So every time the bears
- 18:31Speaker 3: keep giving a new hurdle to break through, Ethereum, Bitcoin,
- 18:36Speaker 3: crypto as a whole is breaking all these hurdles. It
- 18:39Speaker 3: is so obvious we are in a bull market. When
- 18:42Speaker 3: you talk about where can we be by end of year, I.
- 18:47Speaker 3: I just had a show with with Shrum and Crux,
- 18:50Speaker 3: two of my counterparts, and we gave our predictions. We
- 18:53Speaker 3: are we have a little friendly competition on when Bitcoin
- 18:56Speaker 3: will exceed and get above one hundred twenty six thousand.
- 18:58Speaker 2: I think I was the latest one.
- 18:59Speaker 3: My date was January 20th versus I think Crux said
- 19:04Speaker 3: January 15th and Shrum said December 18th.
- 19:07Speaker 2: Shrum is the most bullish guy of our group.
- 19:09Speaker 3: I want to I want to go back to Bitcoin
- 19:11Speaker 3: quickly to put this into perspective, because what we're saying
- 19:14Speaker 3: is that Bitcoin needs to climb roughly another 50%, pretty
- 19:20Speaker 3: much 48%, but let's just call it 50% to get
- 19:23Speaker 3: to that.
- 19:23Speaker 2: New all-time high.
- 19:24Speaker 3: So I'm estimating it's going to take roughly four months
- 19:27Speaker 3: from now.
- 19:28Speaker 2: Ethereum.
- 19:29Speaker 3: I think Ethereum is going to hang there right with
- 19:31Speaker 3: Bitcoin to hit a new all time high. How much
- 19:33Speaker 3: does Ethereum need to get to around that new year? Well,
- 19:37Speaker 3: that's an 84% correction. I don't think that's crazy to
- 19:40Speaker 3: think that Ethereum could rally 84 to 100% if Bitcoin
- 19:43Speaker 3: rallies 50%. So I'll just go and I'll put it
- 19:47Speaker 3: somewhere here. I think Ethereum can hit a new all
- 19:48Speaker 3: time high. Keyword can. Doesn't have to, but it can.
- 19:53Speaker 3: Let's go, let's go, not to just put the new
- 19:55Speaker 3: all-time high, let's go 51, 5,200 as a rough target
- 19:57Speaker 3: for end of year or early 2027 for Ethereum. That's
- 19:59Speaker 3: a hot one right there.
- 20:08Speaker 1: Speaking of another hot one, we got Uniswap absolutely just
- 20:11Speaker 1: killing the charts. And remember, Uniswap right now accounts for
- 20:15Speaker 1: 99% of Robinhood's tokenized stock deposits, growing 532% in 30 days, man,
- 20:23Speaker 1: 30 days, 500% growth. This is a big deal for Uniswap.
- 20:28Speaker 1: It is one of the tokens we've been held for
- 20:31Speaker 1: a long time. Talk to me on this. Is it
- 20:34Speaker 1: time to sell or do you ride the wave?
- 20:38Speaker 3: You're definitely back up in a zone of where some
- 20:41Speaker 3: people are taking profits. Should you take profit on your
- 20:43Speaker 3: long-term hold? It depends on your strategies, but you can
- 20:46Speaker 3: clearly see as we're getting back into a camp where
- 20:48Speaker 3: we rejected in March of 24, and then again in
- 20:51Speaker 3: December of 24, and then once again in August of 25,
- 20:55Speaker 3: there are going to be profit takers in this camp.
- 20:57Speaker 3: This was a zone we had from almost a whole
- 21:00Speaker 3: year ago. a zone to keep an eye on. We're
- 21:02Speaker 3: clearly have gotten back into that camp. So I do
- 21:05Speaker 3: think you never go broke taking profits. So especially if
- 21:07Speaker 3: you were accumulating down here, I do think taking some
- 21:10Speaker 3: profit in this world is, is is a smart idea
- 21:14Speaker 3: but let's take a quicker a quick look at just
- 21:17Speaker 3: what we're seeing going on the charts you do got
- 21:19Speaker 3: some daily bearish divergence on the rsi you do have
- 21:22Speaker 3: i told you bitcoin was close uniswap is in the
- 21:25Speaker 3: process today of officially printing a daily sell signal for
- 21:29Speaker 3: the first time since back over here in september on
- 21:32Speaker 3: the 6th that had a minor correction again we're not
- 21:34Speaker 3: talking about like a macro move down we're not talking
- 21:36Speaker 3: about brand new lows we're talking about a correction So
- 21:39Speaker 3: that means we get the sell signal, you buy it
- 21:41Speaker 3: the next daily buy signal.
- 21:43Speaker 2: The reason it could go lower, though, than where we were,
- 21:45Speaker 2: at least.
- 21:45Speaker 3: Around the same area, is I think we're probably not
- 21:48Speaker 3: crazy far away from a weekly sell signal, right? You
- 21:50Speaker 3: see the RSI in the weekly is back above 70.
- 21:53Speaker 3: That was a great time to sell back in December
- 21:55Speaker 3: of 24 and February 24. We didn't get back there
- 21:58Speaker 3: in July of 25. So we're really, really high. This
- 22:02Speaker 3: is what the bear is going to say as well,
- 22:03Speaker 3: by the way. That's a higher, higher price action, a higher,
- 22:05Speaker 3: higher RSI. That is a lower high of price action.
- 22:09Speaker 3: So should we see the weekly and the daily chart
- 22:11Speaker 3: tell us a correction on Uniswap is coming?
- 22:13Speaker 2: More than likely.
- 22:14Speaker 3: So for that reason, I would not just run into
- 22:16Speaker 3: a massive short on Uniswap. I would take some profit
- 22:20Speaker 3: that I plan on reallocating at the next daily buy signal.
- 22:25Speaker 3: Will that daily buy signal be around the last one,
- 22:29Speaker 3: back around $ 6? Can we get a little bit lower
- 22:31Speaker 3: than that?
- 22:33Speaker 2: I'll do one more thing here.
- 22:34Speaker 3: Let me just check to see if there's any major
- 22:35Speaker 3: order blocks that institutions might be screaming to buy at.
- 22:39Speaker 3: There's going to be one down here at 718 and
- 22:41Speaker 3: another one sitting here around 512. Let me tell you
- 22:46Speaker 3: why this one, this 15% one makes sense at 720.
- 22:48Speaker 3: I think that's a very good buy spot. Number one,
- 22:50Speaker 3: a former high from September 7th.
- 22:52Speaker 2: We got rejected there. People sold.
- 22:54Speaker 3: Sell spots are great buy spots. Also, the daily Gaussian
- 22:58Speaker 3: band appears to be right in that camp. So Order block,
- 23:02Speaker 3: former resistance zone, Gaussian band. A lot of things are
- 23:05Speaker 3: screaming at me around 718, 720 as a good buy
- 23:08Speaker 3: spot for Uni.
- 23:09Speaker 1: All right, I've got three more tokens I want to
- 23:11Speaker 1: hit on. One, of course, is the skyrocketing performance of Solana,
- 23:16Speaker 1: now hitting 1 million tokenized stockholders out there. Solana is
- 23:20Speaker 1: killing it when it comes to tokenized securities. This, I think,
- 23:24Speaker 1: is a question of whether or not they are the
- 23:27Speaker 1: chain to beat overall. Where do you think Solana is
- 23:30Speaker 1: end of year?
- 23:33Speaker 3: Yeah, so we'll go with a kind of a similar
- 23:35Speaker 3: line of thinking that I just went with. I'm kind
- 23:37Speaker 3: of basing this on if I'm right about Bitcoin, which
- 23:40Speaker 3: is a prediction I made. So I'm going to have
- 23:41Speaker 3: to keep my consistent thoughts. By the way, I want
- 23:44Speaker 3: to also reiterate to your or not reiterate, communicate to
- 23:47Speaker 3: your audience. One of the big things that makes me
- 23:49Speaker 3: so bullish, you saw that that announcement from BlackRock, obviously,
- 23:53Speaker 3: where they talked about AI agents. And our AI agents,
- 23:55Speaker 3: of course, aren't people. So they can't go trade on
- 23:58Speaker 3: Wall Street and traditional resources. They have to use blockchain,
- 24:02Speaker 3: which means we saw this last week. Speaking of Solana,
- 24:04Speaker 3: Solana chain out traded the New York Stock Exchange.
- 24:08Speaker 2: Exactly.
- 24:08Speaker 3: We haven't seen the skyrocketing happen yet. So that's why
- 24:11Speaker 3: I think things get bullish very quickly. If it does
- 24:14Speaker 3: get bullish very quickly, I think a 100% move on
- 24:17Speaker 3: Solana in the next three to four months is not crazy.
- 24:21Speaker 3: We're trading at 116, so let's just go and call
- 24:23Speaker 3: it 230, give or take. Not quite new all-time highs,
- 24:26Speaker 3: but I think we could be back in that area.
- 24:28Speaker 1: All right, Sam, I want to jump over to Jupiter.
- 24:31Speaker 1: And if you take a look right here within the
- 24:34Speaker 1: protocol rankings, you'll see Jupiter right here. I'm in the
- 24:37Speaker 1: perps tab for you guys. And what you'll notice here
- 24:40Speaker 1: is it has already flipped Phoenix. It looks as though
- 24:43Speaker 1: this could be on its way to becoming the number one.
- 24:46Speaker 1: And if this is the right time to trade Jupiter,
- 24:50Speaker 1: and many of you I know have probably been watching
- 24:52Speaker 1: this one, but when you look at the chart, Tim,
- 24:55Speaker 1: where would you place Jupiter in terms of a buy bucket?
- 24:58Speaker 1: Would you put this one in a buy bucket right now?
- 25:01Speaker 3: You know, what's really sad, Paul, is I think about
- 25:04Speaker 3: two to two and a half years ago, I was
- 25:08Speaker 3: on a Jupiter kick and I was all about it.
- 25:12Speaker 3: And I was telling people how special it would be.
- 25:15Speaker 2: And then I don't know if it was somebody or something. Obviously,
- 25:17Speaker 2: the price got obliterated. But I sold it.
- 25:23Speaker 3: I sold it for something else. And again, recently, within
- 25:26Speaker 3: the last couple of weeks, the fundamentals just keep coming out.
- 25:30Speaker 2: Jupiter is special.
- 25:31Speaker 3: Yeah, the price action took a beating, just like almost
- 25:33Speaker 3: everything else. But it's really special.
- 25:35Speaker 2: So I regret. I need to get back in allocated.
- 25:37Speaker 3: I'll probably be able to buy cheaper than when I
- 25:39Speaker 3: sold it, though, all things considered.
- 25:40Speaker 2: But- Would I buy Jupiter right now today? No.
- 25:46Speaker 3: Would I add it to my buy list for the reasons? Like,
- 25:48Speaker 3: I guess here's what I would tell everybody. When you
- 25:51Speaker 3: decide what to buy, what Paul was just showing is
- 25:54Speaker 3: the great what.
- 25:55Speaker 2: That using fundamental.
- 25:56Speaker 3: Analysis and data to know what to buy, great scenarios.
- 26:01Speaker 3: The charts just tell you where are the best places
- 26:03Speaker 3: to buy it and what should the next movement look like.
- 26:06Speaker 3: So should I buy Jupiter? Paul just told you, yeah,
- 26:09Speaker 3: it's looking like a great thing to have in your portfolio.
- 26:12Speaker 3: Next place I would buy, as I am looking right
- 26:14Speaker 3: now at, again, like almost everything else in the crypto space,
- 26:17Speaker 3: some sell signals on the daily chart, not very far away,
- 26:21Speaker 3: not predicting brand new lows, not predicting something crazy. What
- 26:25Speaker 3: I would say is I'm going to put up my
- 26:26Speaker 3: order blocks right here and This is a fat zone,
- 26:30Speaker 3: so stick with me here. But this big green box
- 26:34Speaker 3: right here, this is a big order block. Rarely you
- 26:37Speaker 3: see order blocks this big. But the percentage that everyone
- 26:40Speaker 3: should know about, it's a 76% order block, which doesn't
- 26:44Speaker 3: mean there's.
- 26:45Speaker 2: No possible way we drop below it.
- 26:47Speaker 3: But it's a pretty strong indicator that there's a lot
- 26:50Speaker 3: of interest in buying Jupiter if we get back down
- 26:53Speaker 3: into this zone. Pair that with the daily Gaussian band.
- 26:56Speaker 3: I'm going to come right dab smack in the middle,
- 26:58Speaker 3: a former resistance zone over here from July. And I'm
- 27:01Speaker 3: going to say my next desire for buying, pair it
- 27:04Speaker 3: with a daily buy signal makes it even sweeter, but 25.2
- 27:07Speaker 3: cents on Jupiter. If we get this next daily sell signal,
- 27:11Speaker 3: another higher low, I'm going to put my eyes right
- 27:13Speaker 3: there on 25.2.
- 27:13Speaker 2: There you go.
- 27:14Speaker 1: 25 to trading right now at 30 on Jupiter. Last topic. Actually,
- 27:22Speaker 1: I want to go into circle because this being a
- 27:24Speaker 1: stock that we have seen, you know, considerable activity on.
- 27:28Speaker 1: You look at the Trump administration now considering a plan
- 27:31Speaker 1: to promote dollar backed stable coins. That means USDC most likely.
- 27:36Speaker 1: And if you look at this, there's some charts out there.
- 27:38Speaker 1: I want to show a couple of things right here.
- 27:40Speaker 1: This is the monthly active addresses on transfer. transfer volume,
- 27:45Speaker 1: and it's USDC all the way, man. So well over
- 27:48Speaker 1: Tether and others out there. When you look at Circle
- 27:52Speaker 1: being a long play as a stock, is this maybe
- 27:55Speaker 1: the stock to buy when it comes to a crypto
- 27:59Speaker 1: position in traditional finance?
- 28:03Speaker 3: Yeah, this is actually in a small portfolio I built
- 28:05Speaker 3: months ago for beginners, and we chose five stocks. Circle
- 28:09Speaker 3: was one of the stocks. that we selected into that grouping.
- 28:12Speaker 3: So it is absolutely one I recommend. Even better, take
- 28:15Speaker 3: a look at my oscillators right here. Unlike the rest
- 28:18Speaker 3: of the crypto space where we're actually getting fresh cells,
- 28:21Speaker 3: it looks like, I'm curious what Neurowave is doing right here,
- 28:23Speaker 3: but it looks like we're actually in the process of
- 28:25Speaker 3: confirming a daily buy signal. Give me positive money flow
- 28:29Speaker 3: on this little indicator right here and I'll feel better
- 28:31Speaker 3: about it. But you can see a revisit of the
- 28:34Speaker 3: 50 on the RSI This indicator clearly is giving me
- 28:37Speaker 3: a buy signal. The MACD looks pretty good right here.
- 28:40Speaker 3: I think, you know, we're still kind of in a
- 28:44Speaker 3: little bit of a bear trend with these lower highs
- 28:45Speaker 3: and lower lows, but we've made some pretty strong statements
- 28:48Speaker 3: here recently about moves to the upside. So I actually
- 28:51Speaker 3: think this is not a bad DCA spot today. If
- 28:54Speaker 3: you haven't done so beforehand, a 79 would have been better,
- 28:57Speaker 3: but I don't think $ 92 is a terrible DCA spot
- 29:00Speaker 3: with it looking like that daily buy signal is close
- 29:03Speaker 3: to confirming.
- 29:04Speaker 1: Last up here is virtuals. Robinhood Chain, of course, out
- 29:09Speaker 1: there showcasing virtuals absolutely in a commanding lead when it
- 29:13Speaker 1: comes to the agentic side of things. And there's a
- 29:16Speaker 1: handful of projects out there beyond virtuals themselves. But when
- 29:19Speaker 1: you look at virtuals, which has been around for a while,
- 29:22Speaker 1: what would you say is a good entry point for
- 29:25Speaker 1: virtuals right now?
- 29:28Speaker 3: Well, one of the problems I have with virtuals at
- 29:30Speaker 3: the moment is we really haven't, like the rest of
- 29:34Speaker 3: the crypto space, you really haven't broken the bear market trend.
- 29:39Speaker 3: Going back here to May of 25, someone said, oh,
- 29:41Speaker 3: what do you connect here? Look at how many touches
- 29:43Speaker 3: you have on this trend, right? This is the trend
- 29:46Speaker 3: line I'm watching for. It's not that I don't own virtuals.
- 29:49Speaker 3: I'll make sure I'm being honest with people. I don't
- 29:52Speaker 3: own virtuals. If slash when though we break through this level,
- 29:57Speaker 3: should be a pretty good-sized move to the upside. If
- 29:59Speaker 3: it follows what technicals suggest it should do, we really
- 30:03Speaker 3: should see virtuals with an explosion above. Let me change
- 30:05Speaker 3: this line to green. I like to have green support levels,
- 30:09Speaker 3: red resistance levels. That would be a target for the
- 30:11Speaker 3: next big move up towards 331. It's not going to
- 30:14Speaker 3: happen overnight. It's going to take months to happen. But
- 30:16Speaker 3: a confirmed break above resistance, you're looking at 331 as
- 30:19Speaker 3: the next spot to watch. Problem is, again, with us
- 30:23Speaker 3: being below this resistance level, I'm curious– what the oscillators
- 30:27Speaker 3: look like right now. Yeah, they look like they're pretty
- 30:31Speaker 3: close to a cell signal. This is suggesting it's not
- 30:34Speaker 3: crazy to think that virtuals could drop back down again,
- 30:36Speaker 3: maybe even come back down to support at $ 0.
- 30:38Speaker 2: 53.
- 30:39Speaker 3: So this is one I'm waiting. I would wait to buy.
- 30:42Speaker 3: I would either wait for a pullback and buy closer
- 30:44Speaker 3: to $ 0. 55, $ 0. 53, or I'd wait for a confirmed break
- 30:48Speaker 3: above resistance. Yeah, you might say, Tim, why don't I
- 30:50Speaker 3: buy at $ 0. 73 now instead of $ 0.
- 30:52Speaker 2: 93?
- 30:52Speaker 3: You're waiting for confirmation. And right now, there is not confirmation.
- 30:56Speaker 3: It is just as likely to break through as it
- 30:58Speaker 3: is to return back down to $ 0. 55. All right.
- 31:01Speaker 1: So keep an eye on these tokens, guys. We're going
- 31:03Speaker 1: to be covering this and more each week. We get
- 31:06Speaker 1: some of our special traders in like Tim to come on.
- 31:08Speaker 1: Like I said, if you're not following Tim out there
- 31:10Speaker 1: on YouTube, make sure and do that. Tim, thanks so
- 31:13Speaker 1: much for coming in today, man. It was good seeing you.
- 31:17Speaker 2: Absolutely. Thanks for having me again. And I'll be back
- 31:19Speaker 2: in a couple of weeks.
- 31:26Speaker 1: If you like this video, hit like and subscribe, drop
- 31:29Speaker 1: a comment down below, and also join our free private
- 31:32Speaker 1: member group. The link is in the description.