Latest / The Paul Barron Crypto Show / Ethereum Demand Shock!🚨Technical Analysis w/ Investing Bbroz

Transcript

Ethereum Demand Shock!🚨Technical Analysis w/ Investing Bbroz · The Paul Barron Crypto Show

0:06
Speaker 1: Welcome back into the show.
0:07
Speaker 2: Today.
0:07
Speaker 3: We're going to jump into Ethan. We're going to do
0:09
Speaker 3: it in a way that is really going to go
0:11
Speaker 3: at where demand is starting to move into the market.
0:15
Speaker 1: We'll explain it all.
0:16
Speaker 3: My name is Paul Barron and let's get started. Of course,
0:19
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0:54
Speaker 1: Let's get into it today.
0:55
Speaker 3: I do want to thank our guest in today and
0:58
Speaker 3: that is mister Tim Warren.
0:59
Speaker 4: How are you doing good, Paul? How you doing excellent, excellent.
1:03
Speaker 4: So we've got a lot happening. The market's a little
1:06
Speaker 4: bit of a turmoil right now. We'll get into some
1:09
Speaker 4: of that, but one of the things that I wanted
1:12
Speaker 4: to kind of focus in on a lot of people
1:13
Speaker 4: looking at some of the things that are demanding, and
1:16
Speaker 4: you know, Upholl says, you know, what are some of
1:17
Speaker 4: the headlines that would flip the market immediately? You know,
1:20
Speaker 4: the sec moving appeals. You know, you've got XRP news
1:24
Speaker 4: in there. There's all sorts of thing. Of course, our
1:27
Speaker 4: rate cut potential, maybe some trade news. Is there anything
1:31
Speaker 4: right now that you would say, hey, if I got
1:33
Speaker 4: this news right now and flip the market immediately.
1:37
Speaker 5: It's hard to name a better one than maybe a
1:39
Speaker 5: real resignation letter.
1:41
Speaker 1: From Jerome Powell.
1:42
Speaker 5: There was that fake one that went out the other
1:44
Speaker 5: day that a lot of people fell for. But I mean,
1:47
Speaker 5: at the end of the day, we're gonna look at
1:48
Speaker 5: it in the charts. I'm telling our community, this is
1:51
Speaker 5: a normal part of a rally.
1:53
Speaker 1: Exactly.
1:54
Speaker 5: You go back to twenty twenty one and you look
1:56
Speaker 5: at the explosive leg that happened at the end of
1:59
Speaker 5: twenty twenty early. I mean one, you'd be surprised at
2:01
Speaker 5: the volatility, Like some people forget that there were still
2:04
Speaker 5: volatile ups and downs during that period of time, during
2:07
Speaker 5: one of the most explosive growth in the crypto markets
2:10
Speaker 5: in general, and yet there was still ups and downs.
2:13
Speaker 5: This is another period just like that.
2:15
Speaker 1: Yeah. One of the things that is happening.
2:17
Speaker 3: I think some of this spook the markets was, of
2:19
Speaker 3: course President Trump announcing the trade deal with japanned. This
2:22
Speaker 3: included five hundred and fifty billion dollars investment in the US.
2:25
Speaker 3: But there's also been some other situations that are starting
2:28
Speaker 3: to get a little dicey around trade, and I think
2:32
Speaker 3: the real question is whether or not we're going to
2:34
Speaker 3: continue to see trade deals being done. Especially after the
2:37
Speaker 3: Big Beautiful Bill was put into place, I anticipated that
2:40
Speaker 3: we would see less pressure on these trade deals, but
2:44
Speaker 3: in actuality, it seems to be heating up a little bit,
2:46
Speaker 3: and I think we're going to see maybe some other
2:48
Speaker 3: strategic moves that will push more investment here stateside. Even
2:52
Speaker 3: though we have seen a little bit of a trend
2:54
Speaker 3: where a lot of on shoring is starting to occur
2:56
Speaker 3: over the last couple of years. In really in presence
2:59
Speaker 3: of what Trump has been able to do. But the
3:02
Speaker 3: rate cuts are really the big one.
3:03
Speaker 1: Tim.
3:04
Speaker 3: We've got FEDERI cuts in twenty twenty five right now,
3:07
Speaker 3: holding at about forty one percent on the high end
3:10
Speaker 3: for a fifty basis points. Where are you leaning right
3:13
Speaker 3: now in terms of rate cuts? Do you feel like
3:15
Speaker 3: we're going to get one in September?
3:18
Speaker 5: Yeah? I think September would make sense for one. I
3:20
Speaker 5: think you're going to hold off here in July. Everyone's
3:23
Speaker 5: expecting that to happen, say for again at Jerome Powell
3:26
Speaker 5: resignation or firing, but I don't know if they'll have
3:28
Speaker 5: everything they need in time to do that. I think
3:30
Speaker 5: September they test the waters. I think September will be
3:33
Speaker 5: a let's figure out what happens with one rate cut
3:36
Speaker 5: in twenty twenty five, and then they can got to
3:38
Speaker 5: decide we want to cut another one in October? Do
3:40
Speaker 5: we want to hold off in October and wait till December?
3:43
Speaker 5: But I think the polymarket betting odds there, I mean,
3:47
Speaker 5: that's people betting their real money. That's one to seriously watch.
3:50
Speaker 5: I think there's this overwhelming feeling that if he was
3:52
Speaker 5: going to resign yesterday would have been the time to
3:54
Speaker 5: do it. And number two, if he was going to
3:57
Speaker 5: get fired or there was going to be charges, aren't
4:00
Speaker 5: we hearing more about the evidence. I know there's some
4:02
Speaker 5: kind of stacked up there, and maybe we're talking about
4:04
Speaker 5: that later. So I don't want to get too much away.
4:06
Speaker 5: There's some evidence that make people think that potential that
4:08
Speaker 5: firing is coming. But if Trump really really had we
4:12
Speaker 5: needed to get rid of Powell, you think he would
4:14
Speaker 5: have pushed the envelope by now, with the July f
4:17
Speaker 5: MC meeting coming closer, it's a week and some change
4:20
Speaker 5: the week away from the day. Yeah, I think we're
4:22
Speaker 5: stuck with Powell for a lot longer than some people want.
4:26
Speaker 3: Well, if you look at polymarket right now, still holding
4:29
Speaker 3: only an eighteen percent chance as of you know, for December,
4:33
Speaker 3: you click over to August, I mean, now you're plummeting
4:36
Speaker 3: down to four and then obviously nothing in July. But
4:40
Speaker 3: here's my question, why wouldn't Powell? I mean, we're seeing
4:43
Speaker 3: the kind of economic front that I feel is leveling out.
4:48
Speaker 3: Why not give the administration a quarter point? I mean,
4:52
Speaker 3: it's just it's a quarter point. I think it would
4:54
Speaker 3: show one that the Fed does think that there is
4:57
Speaker 3: at least some indicator. I mean, my gosh, he did
4:59
Speaker 3: it with a half a point fifty basis points right
5:03
Speaker 3: before the election, So it doesn't seem like it's out
5:06
Speaker 3: of the realm of doing something like that.
5:09
Speaker 5: Yeah, I mean, ultimately, you're gonna find people in two
5:11
Speaker 5: different camps. You have the anti Powell camp who's gonna
5:14
Speaker 5: say this is completely politically motivated as an attack against
5:17
Speaker 5: the Trump administration. And then you have people who are
5:19
Speaker 5: looking at this, like I saw earlier today, someone posting
5:21
Speaker 5: the numbers. You know, under Jerome Powell, he took us
5:24
Speaker 5: from nine percent inflation down to two percent while keeping
5:27
Speaker 5: the unemployment numbers at four percent. Now, I think it's
5:30
Speaker 5: a little messier than that. I don't think it's that simple.
5:32
Speaker 5: But if you're just looking at statistics and you don't
5:34
Speaker 5: take any other information into account, that looks good on paper, right,
5:38
Speaker 5: that looks like Jerome Powell has done a phenomenal job.
5:41
Speaker 5: So I think it's fair to explore both sides. I
5:44
Speaker 5: think there's reasons to think that there's a political motivation
5:47
Speaker 5: that Powell clearly does not like Trump. Trump does not
5:49
Speaker 5: like Powell. That's clearly some pressure, But I give credence.
5:53
Speaker 5: I think it's respectable to people that just look at
5:55
Speaker 5: some numbers and say, hey, from a number standpoint, Pal's
5:57
Speaker 5: done a good job and theoretically speaking, with still some
6:01
Speaker 5: uncertainty about what tariffs are going to look like, I
6:03
Speaker 5: think it's looking clear every day, but they're still concerned
6:07
Speaker 5: that things are gonna get worse, Like I myself, Paul,
6:09
Speaker 5: I know several people in private sectors within my community
6:13
Speaker 5: that are having layoff people. Some of them are closing
6:16
Speaker 5: down their businesses because these tariffs are personally hurting their
6:20
Speaker 5: personal businesses, and it's only a matter of time and
6:23
Speaker 5: less things correct until bigger businesses start to lay off
6:26
Speaker 5: in bulk and potentially even some brand names go out
6:29
Speaker 5: of service that we grew up knowing about. Tariffs are
6:32
Speaker 5: something that without certainty moving forward, can cause havoc and chaos.
6:37
Speaker 5: And I think Jerome Powell doesn't want to go slashing
6:40
Speaker 5: rate cuts and all of a sudden inflation skyrocket. He
6:43
Speaker 5: doesn't want to be that guy either, So there's kind
6:45
Speaker 5: of points to both sides. I'm not really certain where
6:47
Speaker 5: I'm come. Somewhere in the middle.
6:48
Speaker 3: Right now, Hey, we're going to get into Ethereum today,
6:51
Speaker 3: we're also going to take a look at Avalanche and
6:54
Speaker 3: a handful of other tokens as well. Before we do that,
6:56
Speaker 3: make sure and check out tam channel right there up
7:00
Speaker 3: over on investing Bros. Find them over on YouTube or
7:03
Speaker 3: searched him more. It's easy to find. He'll get a
7:06
Speaker 3: lot of information over there on what he's doing and
7:08
Speaker 3: what some of his team is doing in terms of
7:11
Speaker 3: how to handle this market. And this is something that
7:14
Speaker 3: I think we have to look at because this came
7:15
Speaker 3: in from Matt Hogan, and this is all around ethereum
7:18
Speaker 3: because there is a little bit of a demand pressure
7:21
Speaker 3: right now. If you think about some of the things
7:23
Speaker 3: that Matt Hogan's talking about, I'll zoom in on that
7:26
Speaker 3: estimates right now ETPs corporate treasuries combining to buy two
7:29
Speaker 3: point eight three million eight This is since May, so
7:32
Speaker 3: that's more than ten billion at today's prices.
7:35
Speaker 1: Then if you look at what he's.
7:36
Speaker 3: Thinking in terms of future that the investors might significantly
7:40
Speaker 3: be underweight on ethereum versus bitcoins.
7:43
Speaker 1: So still a lot of people not really going into this.
7:47
Speaker 3: And I'll explain this a little bit more last up
7:49
Speaker 3: right here, I can imagine etp's and treasury companies now
7:52
Speaker 3: buying twenty billion worth of eight in the next year
7:56
Speaker 3: or five point through three million ETH. And that's again
7:58
Speaker 3: that's at today's prices. So if you look at that
8:02
Speaker 3: and then you compare this against the chart right now
8:04
Speaker 3: of what's happening in ETH, and we'll explain some issues
8:07
Speaker 3: around demand shock that could be happening currently. Tim Where
8:12
Speaker 3: do you see ETH running at its current pace?
8:16
Speaker 5: Yeah, I mean it depends on the timeline we're looking at.
8:18
Speaker 5: Let's go into the chart here. If I can get
8:19
Speaker 5: hold of this mouse, there we go. You know, I
8:22
Speaker 5: was on the channel here. We talked about this in
8:24
Speaker 5: our community, but we talked about it here as well,
8:26
Speaker 5: even though we had a little fake out to the
8:28
Speaker 5: downside here at the end of June. I was on
8:30
Speaker 5: this channel and we talked about the bull Pennant pattern
8:33
Speaker 5: giving us a target up here at thirty eight hundred
8:35
Speaker 5: dollars to take some profit on a trade. If you
8:38
Speaker 5: had just simply followed when I was doing that and
8:41
Speaker 5: entered that long position bot ethereum down here, take took
8:43
Speaker 5: profit at thirty eight hundred, You pretty much took profit
8:45
Speaker 5: at the top, Did I did I think that was
8:47
Speaker 5: gonna be a perfect top right there now. I thought
8:49
Speaker 5: we would continue, But it explains why Etherorium made it
8:53
Speaker 5: up that high and now we're seeing a little bit
8:55
Speaker 5: of a pullback. I always like to make sure people
8:58
Speaker 5: are aware though. If you're on X, if you're watching
9:00
Speaker 5: certain YouTube channels today, you're gonna hear all coin crash.
9:04
Speaker 5: What's going on is the top end, and when you
9:06
Speaker 5: zoom in on smaller timeframes, yeah, this is not looking
9:10
Speaker 5: the greatest right now. And I'm gonna tell you I
9:12
Speaker 5: don't necessarily feel like this move is definitely over to
9:15
Speaker 5: the downside either, But I always love just to make
9:18
Speaker 5: sure that we're zooming out before we freak out. And
9:22
Speaker 5: you take a look at Ethereum, and you take a
9:23
Speaker 5: look at what we've done here more recently in a
9:26
Speaker 5: very quick timeline, going from fourteen hundred dollars in April
9:31
Speaker 5: all the way to thirty eight hundred here in July.
9:35
Speaker 5: Let's not ignore that quick move. What you need to
9:38
Speaker 5: understand is the history of bull markets have pullbacks. I
9:42
Speaker 5: mentioned it a little earlier. Go back to this explosion
9:45
Speaker 5: that Ethereum had between March and twenty twenty and we'll
9:48
Speaker 5: just even start with May of twenty twenty one massive gains,
9:51
Speaker 5: But you have some pretty decent pullbacks in here. In fact,
9:55
Speaker 5: when you even zoom in, it doesn't look like anything crazy.
9:58
Speaker 5: But when you take a look at some of these
10:00
Speaker 5: lou candles in here along that bull market, Eve had
10:03
Speaker 5: several pullbacks in the realm of thirty seven percent right
10:06
Speaker 5: there back in January. Had another big pullback here in
10:10
Speaker 5: March of about forty percent, give or take. So people
10:14
Speaker 5: love looking at the zoomed out charts and saying, oh
10:16
Speaker 5: my gosh, look at how ethereum ran when you zoom
10:19
Speaker 5: in on things, Yeah, there's gonna be some volatile moments.
10:22
Speaker 5: What I do with that is I say, okay, we've
10:24
Speaker 5: had a nice big run to the upside. It is okay,
10:28
Speaker 5: is completely fine for us to be pulling back down.
10:32
Speaker 5: What gives me comfort right now is we are still
10:34
Speaker 5: out on the weekly chart, extremely bullish, with a lot
10:37
Speaker 5: of moves to the upside. We're not facing any type
10:39
Speaker 5: of massive bearish divergence. We still are under a bi
10:42
Speaker 5: signal here on the Luxago oscillator, where weeks ago, back
10:46
Speaker 5: in April, we had the green reversal bullsh amentum, positive
10:48
Speaker 5: money flow, great opportunity back then to buy. Of course
10:51
Speaker 5: you can't go back in time to buy, but there's
10:53
Speaker 5: nothing there telling me this move is over. And especially
10:56
Speaker 5: with us recently breaking the weekly smart trail, which would
10:59
Speaker 5: have been a level of interesting resistance, this tells me
11:02
Speaker 5: bare minimum. We are looking back up above four thousand
11:06
Speaker 5: dollars potentially even we're in striking distance of new all
11:09
Speaker 5: time highs above five thousand into the red cloud on
11:12
Speaker 5: the weekly chart. That doesn't mean it's heading straight there.
11:15
Speaker 5: There are some signs out on longer timeframes like the
11:19
Speaker 5: or not longer timers, smaller timers in the weekly chart,
11:21
Speaker 5: like the daily chart for example, where you can see
11:23
Speaker 5: we made ourselves. We got pretty deep into the red
11:25
Speaker 5: clouds of resistance. We hit that take profit level, and
11:29
Speaker 5: now we're starting to see some potential signs of bearishness,
11:33
Speaker 5: red reversal, bearish frumentum. And that's a rounding money flow.
11:37
Speaker 5: One of the things I look at early stage is
11:39
Speaker 5: to say when is money flow gonna go negative? I
11:41
Speaker 5: like to take a look at the mac D money
11:43
Speaker 5: flow and mac D aren't the exact same, but pretty similar,
11:46
Speaker 5: and you can see the MACD has kind of rounded
11:49
Speaker 5: off here. It looks like it's heading back down. I'm
11:51
Speaker 5: just not gonna be surprised whatsoever for a pullback on
11:54
Speaker 5: ethereum to come back down. And what I'm kind of
11:57
Speaker 5: looking is in this range of the daily smart trail
11:59
Speaker 5: with positions here around thirty two hundred, give or take.
12:03
Speaker 5: But that's not guaranteed. I think a more realistic expectation
12:06
Speaker 5: would be the twelve hour smart trail around thirty four.
12:09
Speaker 5: So I have some buy singles right now. I have
12:11
Speaker 5: some purchases at thirty four to twenty eight, and then
12:14
Speaker 5: I have another one just in case if we were
12:17
Speaker 5: to hit thirty two hundred, I also want to buy
12:19
Speaker 5: some etherorum at that point.
12:20
Speaker 3: Okay, Well, there's a couple of things that are brewing
12:23
Speaker 3: in the market that might be causing this. Some people
12:26
Speaker 3: are looking at, of course, justin Sun, we saw a
12:29
Speaker 3: little bit of issues rising out of his withdrawal of
12:34
Speaker 3: unstaking eth in general, and that was coming in from Ave.
12:37
Speaker 3: Of course, now this could be a supply demand issue
12:41
Speaker 3: that's starting to play out. Many people are speculating this
12:43
Speaker 3: could be a scenario where he is saying, all right,
12:46
Speaker 3: if I unstake eth.
12:47
Speaker 1: What am I going to do with it? There's a
12:48
Speaker 1: couple of ways.
12:49
Speaker 3: One he could go to the market to sell it,
12:50
Speaker 3: but I think he might be going into a strategic
12:53
Speaker 3: eth reserve play, much like what we've seen out there
12:56
Speaker 3: because the amount of it.
12:57
Speaker 1: And then if you look at some.
12:58
Speaker 3: Of the big players in walls read here of course
13:01
Speaker 3: is Tom Lee from fun Strap. Were honored now to
13:04
Speaker 3: have Kathy Wood or convest embrace our vision for bitmind
13:08
Speaker 3: bamin Ar. Remember Kathy Woods said she was never going
13:11
Speaker 3: to go back into deals where we would see things
13:14
Speaker 3: trading at discount. Maybe this is a huge win for
13:18
Speaker 3: Ethereum because if Kathy Wood's coming in, this could be
13:21
Speaker 3: a factor. Let me go to a clip real quick
13:23
Speaker 3: and get your opinion on this. Let's go and play
13:25
Speaker 3: this next slot.
13:26
Speaker 6: So we have amassed the avengers of Ethereum a.
13:30
Speaker 7: Little bit of pr for the Ethereum ecosystem. More broadly,
13:34
Speaker 7: you talk about it catalyzing the ecosystem, and you've got
13:38
Speaker 7: some big institutional strategic players who come on board. How
13:41
Speaker 7: long did they hold? How long do they stay with you?
13:43
Speaker 6: All of our capital partners are long term money. We
13:46
Speaker 6: had no fast money in this vehicle with Bitcoin, you
13:50
Speaker 6: have one asset with Ethereum infinite assets.
13:54
Speaker 7: How do you think though it can perform against Solana
13:57
Speaker 7: or other rival protocols.
13:59
Speaker 6: Briefly, twenty percent of stable coins and high quality liquid
14:03
Speaker 6: assets reside on Ethereum, whereas only ten percent are displayed
14:07
Speaker 6: between the other blockchains. Ethereum is poised to have essentially
14:13
Speaker 6: what we call a gravitational pull where more of these
14:17
Speaker 6: assets are going to be settled on top of Ethereum.
14:21
Speaker 3: This is another one that of course's keys from the
14:24
Speaker 3: Ether machine, which was a launch we talked about it
14:27
Speaker 3: the other day.
14:27
Speaker 1: Or earlier this week.
14:29
Speaker 3: And one thing that has not happened yet he hasn't
14:32
Speaker 3: bought those four hundred thousand eth. So again you've got
14:35
Speaker 3: that demand coming in. Possibly the issue when staking starts
14:40
Speaker 3: to rise to the level we're seeing it on Ave,
14:43
Speaker 3: what does that mean They've got to go out and
14:44
Speaker 3: buy more Ether, which creates that supply shock again. So
14:48
Speaker 3: this is going to get interesting as we go in.
14:50
Speaker 3: And then at last point I wanted to get to,
14:52
Speaker 3: then you have this. I don't know if this is
14:54
Speaker 3: going to make a big point going forward, but it
14:56
Speaker 3: starts to send signals in the market, and that is
14:59
Speaker 3: a This is a top five bank tim P and
15:02
Speaker 3: C now saying we're ready to start integrating crypto services
15:07
Speaker 3: to our clients. Now, I will be honest, I have
15:10
Speaker 3: not seen that happen. We of course watch the bank
15:12
Speaker 3: groups out there. We try to have coverage in all
15:15
Speaker 3: the banks and our indicators right now is P ANDC
15:18
Speaker 3: has not launched that.
15:20
Speaker 1: But is apparently in now.
15:22
Speaker 3: I don't know if this is going to take three months,
15:24
Speaker 3: six months to get this going, but it does start
15:26
Speaker 3: to push things forward. Pull your bitcoin chart because I
15:30
Speaker 3: want to play one more clip for you, and then
15:31
Speaker 3: we're going to go to the bitcoin chart. This is
15:34
Speaker 3: Wells Fargo talking about how they are going to manage this.
15:38
Speaker 1: Take a look right now.
15:39
Speaker 3: Though we're joined by Mike Mayo. He's a banking analyst
15:42
Speaker 3: with Wells Fargo.
15:43
Speaker 2: I think this is the most positive change in bank
15:46
Speaker 2: regulation in three decades, and this is the first time
15:50
Speaker 2: there's been an event like this at the FED. Everybody
15:53
Speaker 2: agrees to keep bank safe and sound, but having said that,
15:56
Speaker 2: I think the goal is to cut as much bureaucracy
16:00
Speaker 2: and red tape as possible. So here's my visual, Becky.
16:04
Speaker 2: This is the goal cut the red tape, and it's
16:07
Speaker 2: not always as easy as you think it is.
16:10
Speaker 5: Why does he have like kindergarten scissors to do that?
16:13
Speaker 1: Okay, because he's a bank.
16:15
Speaker 3: That's why he's a bank, which is why the banks
16:19
Speaker 3: continue to be toast. He should have just had, you know,
16:24
Speaker 3: a piece of toast there with him.
16:26
Speaker 5: It was so clearly the scissors. You would trust your five.
16:29
Speaker 1: Yeah, exactly.
16:30
Speaker 3: Yeah, Well that's another point, right, you would trust your
16:34
Speaker 3: five year old with your money.
16:35
Speaker 1: No, you would not.
16:37
Speaker 3: Let's get into bitcoin because there's some pressure right now
16:40
Speaker 3: on potential exhaustion around bitcoin at its current price, and
16:45
Speaker 3: obviously we could see the price tip down to around
16:47
Speaker 3: one fifteen.
16:48
Speaker 1: But according to this analyst, but what are your thoughts?
16:51
Speaker 3: Do you think we'd go down to one fifteen or
16:52
Speaker 3: do you feel like this is just another kind of
16:55
Speaker 3: dip in the market.
16:57
Speaker 5: So oneteen's a very interesting mark. I'm going to show
17:01
Speaker 5: people hate when tha and when technical analysts do this.
17:03
Speaker 5: I'm gonna show could go up, could go down analysis
17:06
Speaker 5: here the reality is one of Fifteen's interesting. I don't
17:09
Speaker 5: know if that's necessarily guaranteed the bottom of the move,
17:11
Speaker 5: but let's let's take a look at what Bitcoin's chart
17:13
Speaker 5: looks like right now. This is another one I kind
17:16
Speaker 5: of laid it up with ETH so I'm not gonna
17:17
Speaker 5: waste a bunch of time. But big rallies coming in
17:20
Speaker 5: here again, it would just make a lot of sense
17:22
Speaker 5: for some sort of correction. But before I before I
17:25
Speaker 5: move into where I think it could correct if it
17:27
Speaker 5: does correct, I want to start off with just some
17:30
Speaker 5: very simple technical analysis that there are gonna be some
17:32
Speaker 5: people watching right now, and that is a potential bullpenant
17:35
Speaker 5: pattern that shouldn't be ruled out just yet. You had
17:38
Speaker 5: this explosive move back here in early July. Up to
17:42
Speaker 5: this explosive move, and then we create a symmetric triangle
17:44
Speaker 5: pattern that we have not lost support on just yet.
17:47
Speaker 5: You know, we come down here and we get back
17:49
Speaker 5: below to around one sixteen. Okay, I think we could
17:51
Speaker 5: make a good argument that this is a busted formation.
17:54
Speaker 5: But at the moment, there's a possibility that Bitcoin, if
17:57
Speaker 5: it does start to make a move with the upside,
18:00
Speaker 5: wants to move all the way up here closer to
18:01
Speaker 5: one hundred and thirty three thousand, or even a little
18:03
Speaker 5: above that as its next target. Now that's the bullish case, right,
18:08
Speaker 5: And part of what I'm gonna say supports that would
18:10
Speaker 5: be just like Ethereum, that weekly chart by signals coming in,
18:14
Speaker 5: nothing telling me that the weekly chart is ready to
18:16
Speaker 5: give up just yet, but actually let me let me
18:20
Speaker 5: kind of finish it off. This is something Bitcoin's doing
18:22
Speaker 5: that none of the other all coins are doing. I
18:24
Speaker 5: told you there was a cell signal back in here
18:26
Speaker 5: on Luxagua's oscinator with all coins where you had a
18:28
Speaker 5: red reversal, green momentum dot barish momentum and then the
18:32
Speaker 5: moneyful looks like it's going down. But right now we're
18:35
Speaker 5: kind of flirting with a green dot coming in on
18:37
Speaker 5: the daily chart. That could end up being a nothing burger.
18:40
Speaker 5: That could end up being just something that happens and
18:42
Speaker 5: it goes away. But I don't think it should be ignored.
18:45
Speaker 5: That's part of why I mean it could go up,
18:46
Speaker 5: could go down situation with bitcoin. I'm not taking profit
18:50
Speaker 5: on any of my longs, my swing lungs that I
18:52
Speaker 5: got in all the way back. You know, if you
18:54
Speaker 5: guys were with us, we got back in back down
18:57
Speaker 5: there closer towards seventy four to seventy five thousand dollars
19:00
Speaker 5: canceling those. I still think bitcoin's going to the upside,
19:02
Speaker 5: but where you're gonna start seeing some potential hesitation. You know,
19:06
Speaker 5: when you go to the twelve hour chart, there is
19:08
Speaker 5: a clear cell signal on the twelve hour charts, the
19:10
Speaker 5: mac d's clearly going down. We had barish diverts on
19:13
Speaker 5: the RSI, this is gonna give me some targets down here.
19:17
Speaker 5: We said one to fifteen, I'll show you where one
19:19
Speaker 5: fifteen is gonna come in, but the twelve hours actually
19:21
Speaker 5: saying one fourteen to potentially as low as one twelve
19:25
Speaker 5: could be on the table. In the last all coin season,
19:28
Speaker 5: Bitcoin of course had a correction, but daily smart trails
19:31
Speaker 5: were visited regularly. I mean we just visited them back
19:34
Speaker 5: here in June to both twice that month. There's also
19:38
Speaker 5: a chance one eleven shouldn't necessarily fully be ruled out.
19:41
Speaker 1: I think the biggest.
19:42
Speaker 5: Draw if we start to lose one sixteen to go down.
19:45
Speaker 5: The biggest thing that people are gonna be watching when
19:47
Speaker 5: it comes to one fifteen would be a massive level
19:50
Speaker 5: of liquidations. So if you were to go on to
19:52
Speaker 5: like coin glass or other liquidation charts, you're gonna find
19:55
Speaker 5: this is burning up. This is an indicator we have
19:57
Speaker 5: in the Bros. Community where we get liquidations. Right there
20:00
Speaker 5: on the screen, you see that very bright yellow line
20:03
Speaker 5: that is the highest level of long liquidations on the market.
20:07
Speaker 5: We clearly have some even lower than that one twelve.
20:10
Speaker 5: I mean, there's some all the way back. You could
20:11
Speaker 5: probably scroll out and find on larger timeframes ones below
20:13
Speaker 5: one hundred thousand. But that's the juiciest one right there
20:16
Speaker 5: that people are probably watching significantly right now, saying hey,
20:20
Speaker 5: we could liquidate billions of dollars of long positions and
20:23
Speaker 5: restart the bull run with fresh money, not just old
20:27
Speaker 5: retail money that got in back here. We could liquidate
20:29
Speaker 5: them here at one fifteen and keep going to the upside. Now,
20:32
Speaker 5: all I'll say is that's where one fourteen still remains interesting,
20:35
Speaker 5: because there's clearly still some down there. You don't have
20:38
Speaker 5: to stop at one fifteen to clear these out. You
20:40
Speaker 5: could go a little bit lower, clear out a bigger chunk,
20:43
Speaker 5: and then resume that rally. So in my eyes, I
20:46
Speaker 5: would say one to fifteen. If we lose one sixteen,
20:49
Speaker 5: absolutely doable. But don't be surprised if it doesn't stop
20:53
Speaker 5: right there. Maybe at twelve hour one to fourteen actually
20:57
Speaker 5: is a better buy level than even one fifteen.
21:00
Speaker 3: What about the bitcoin ethereum chart, how does this play there?
21:04
Speaker 1: Because it seems to have adjusted slightly.
21:08
Speaker 5: It's definitely gonna be down today. Let me pull that up.
21:11
Speaker 5: But this is another one again. If I'm going to
21:13
Speaker 5: zoom out, let's start by zooming out before we freak out.
21:17
Speaker 5: That is an extremely bullish chart, right so ethover bitcoin,
21:20
Speaker 5: we clearly are picking up some momentum. This is another
21:22
Speaker 5: similar thing. Again. We said this here on the channel,
21:25
Speaker 5: We talked about this bullflag pattern that it did take
21:27
Speaker 5: a little longer to play out than we wanted to.
21:29
Speaker 5: But take a look. It kind of called close to
21:32
Speaker 5: that top position to what we were expecting. But again,
21:36
Speaker 5: this is very very bullish long term. When you zoom
21:39
Speaker 5: in and you take a look at some shorter term stuff,
21:41
Speaker 5: there's the twelve hour chart, you guys can see here,
21:43
Speaker 5: a nice little bubble forming here. Looks at that money
21:46
Speaker 5: flow wants to go down. I wouldn't be surprised at
21:49
Speaker 5: all to see ethover bitcoin fall back down the levels
21:53
Speaker 5: we haven't seen in a couple of days. Here go
21:55
Speaker 5: back down towards point zero two eight. The biggest impact
21:58
Speaker 5: this is going to have is another chart that people
22:01
Speaker 5: are watching like crazy right now, and that's the bitcoin
22:03
Speaker 5: dominance chart. This is a big deal. We talked about
22:08
Speaker 5: some significant things have happened here. We hit sixty six
22:12
Speaker 5: not that long ago. Right back in June, we were
22:13
Speaker 5: at sixty six percent, the highest percent we've been in
22:16
Speaker 5: this bull market. But we were tracking this rising wedge channel.
22:20
Speaker 5: I said, if this loses, if this gets lost, we
22:23
Speaker 5: could make two big moves. The first one is for
22:25
Speaker 5: the first time, if we zoom out here, let's go
22:27
Speaker 5: to the daily chart, get a little more if you
22:29
Speaker 5: zoom out, this is the first time that we've actually
22:32
Speaker 5: put in a lower low since all the way back
22:34
Speaker 5: here in the eighth of September twenty twenty two, so
22:38
Speaker 5: think bottom of the bear market. Since that time period,
22:42
Speaker 5: bitcoin's been rallying. There's been times where we get close.
22:45
Speaker 5: Like the biggest one. Everyone thought according to four year cycle.
22:48
Speaker 5: Myself included that all coin season would start back in
22:50
Speaker 5: November December of twenty four. Big move to downside, right,
22:54
Speaker 5: But guess what it didn't do. It didn't get below
22:56
Speaker 5: the recent previous significant low. Set back in July of
23:00
Speaker 5: twenty ninety four, so therefore there was no breach of
23:02
Speaker 5: bullish structure. We're still sitting higher highs and higher lows.
23:06
Speaker 5: When I told my channel earlier this week when we
23:08
Speaker 5: broke below sixty two percent, broke below the lows in May,
23:12
Speaker 5: I said, we now have a lower low. You want
23:15
Speaker 5: to know what you need for a true bear trend
23:18
Speaker 5: on our way back down to fifty percent, You need
23:20
Speaker 5: a lower high. Well, what has to happen to get
23:22
Speaker 5: a lower high. The price has to rebound. So for
23:26
Speaker 5: that reason, I am watching a rebound. Potentially back up
23:29
Speaker 5: anywhere between sixty two to sixty three percent would not
23:32
Speaker 5: shock me at all. And ultimately, as long as we
23:36
Speaker 5: don't get back up above sixty six, as long as
23:38
Speaker 5: we end even at sixty four or sixty five with
23:41
Speaker 5: a lower high and then continue to the downside, that
23:44
Speaker 5: will give us a Bitcoin dominance bear trend and should
23:48
Speaker 5: make people feel extremely optimistic about their all point outlook.
23:52
Speaker 3: Yeah, I think well, and when you talk about all well,
23:54
Speaker 3: I would agree with you. I think this is a
23:56
Speaker 3: unique scenario that's playing out right now, and many people
24:00
Speaker 3: haven't been in these markets.
24:02
Speaker 1: Maybe it's their first time.
24:03
Speaker 3: Maybe it's their first time to really get a chance
24:05
Speaker 3: to see this happen. One thing to watch right now,
24:08
Speaker 3: Avalanche is one of the tokens that we're starting to
24:11
Speaker 3: kind of pay attention to.
24:12
Speaker 1: Again.
24:13
Speaker 3: Here's one of the reasons, and that is that right there,
24:15
Speaker 3: if you look at the volume that they are pumping
24:18
Speaker 3: right now significant it's not necessarily in relationship to their
24:22
Speaker 3: current coin market cap ranking at seventeen. I mean literally,
24:26
Speaker 3: based on volume, they would be up above Stellar and
24:29
Speaker 3: even hyper Liquid, which are ranking in at number twelve
24:32
Speaker 3: and eleven. With Avalanche right now. And remember, there's a
24:35
Speaker 3: few things that are happening with Avax. Obviously we'll see
24:38
Speaker 3: some new stuff, but black Hole course a new decks
24:41
Speaker 3: launching one hundred and seventy five million in total VL
24:44
Speaker 3: coming in total value locked over there. What is your
24:47
Speaker 3: thought on AVAX right now? Would this be a play
24:52
Speaker 3: for getting into Avalanche as an all coin and holding
24:55
Speaker 3: it through.
24:57
Speaker 5: Yeah, I've been a proponent of AVAX holding for long
25:00
Speaker 5: time now. Even though it doesn't have the greatest chart
25:02
Speaker 5: right there are other charts out there that make you
25:04
Speaker 5: feel like these coins have extremely bullish trajectories to the upside.
25:09
Speaker 5: I still like Avax. I still am holding it long
25:12
Speaker 5: term because I believe in the fundamentals. As far as
25:14
Speaker 5: the chart is saying, I really do want to see,
25:17
Speaker 5: just for the sake of the bulls feeling confident again,
25:20
Speaker 5: you can see we kind of triple topped now right
25:22
Speaker 5: here at twenty six fifty. Let's get above that. Right
25:25
Speaker 5: at the moment, we have a very bullish w formation.
25:28
Speaker 5: Let's break that resistance. And then ultimately, in a very
25:31
Speaker 5: simple way, you have this resistance right here. If we
25:35
Speaker 5: can break this level here at twenty six seventy, I
25:38
Speaker 5: think is where it technically is coming in at. And
25:40
Speaker 5: then we look at the bottom of the lowest position there,
25:43
Speaker 5: this would be a breakout prediction for AVAX to come
25:46
Speaker 5: back up towards a resistance level here in the world
25:48
Speaker 5: of forty eight dollars. Forty eight dollars again, that sends
25:51
Speaker 5: us back up to a trending level of resistance. Then
25:54
Speaker 5: it's like, all right, let's get Avax to break that resistance.
25:56
Speaker 5: Let's get back above fifty five. And now we're cooking.
25:59
Speaker 5: We're setting higher highs and higher lows even on the macro,
26:02
Speaker 5: but starting a short end start small. Let's just get
26:04
Speaker 5: back above twenty six seventy give or take. Let's start
26:08
Speaker 5: making a move back up to the forties, almost fifty.
26:11
Speaker 5: Let's break through fifty five, and we can keep going on.
26:14
Speaker 5: I didn't even know the thing about the volume, honestly, Paul.
26:16
Speaker 5: So that is a very encouraging sign to someone like
26:19
Speaker 5: me who is watching the charts and saying, you know what,
26:22
Speaker 5: the charts are good, not great. I'm looking for these
26:24
Speaker 5: moves to happen, for it to break out more. But
26:26
Speaker 5: when I look at that and look at the increased volume,
26:30
Speaker 5: that's proof of attention. That's proof of people haven't let
26:34
Speaker 5: Abex fade into the dark into the black. People are
26:37
Speaker 5: still aware of it. They're trading it, they're moving it. Yeah,
26:39
Speaker 5: some people are selling, some people are buying. But all
26:42
Speaker 5: the news that's coming out is all so positive. So
26:45
Speaker 5: you see that high volume, you see as close to
26:47
Speaker 5: some key resistance levels. It's hard not to feel bullish
26:50
Speaker 5: about that. When you add all that up together.
26:53
Speaker 3: Let's jump over to Solana, because I want to get
26:55
Speaker 3: into a couple of points on Solana that is kind
26:57
Speaker 3: of unique. One, of course, is this race around on
27:00
Speaker 3: staking right now, Moonpey came in and says, oh my bear,
27:03
Speaker 3: we're going to do eight and a half percent.
27:06
Speaker 1: And this is now in direct.
27:07
Speaker 3: Competition with some of the best staking tools out there,
27:10
Speaker 3: including Robinhood who has been very high and for those
27:13
Speaker 3: who are maybe not staking on chain but are doing
27:16
Speaker 3: it through exchanges, et cetera, this is a pretty enticing
27:20
Speaker 3: opportunity which could coust some more pressure on Solana's price
27:24
Speaker 3: to go up.
27:25
Speaker 1: Where do you like Solana right now? Yeah?
27:29
Speaker 5: First of all, I mean, this is the going that
27:31
Speaker 5: just continues to impress. You know, I have questions about
27:35
Speaker 5: the long, long, long term future of Solana, still a
27:38
Speaker 5: long term holder myself, but I want to see it
27:41
Speaker 5: continue to be taken more seriously by institutions as well.
27:45
Speaker 5: But from a chart perspective, this is a great sign.
27:47
Speaker 5: I mean, when I just finished talking to you about
27:49
Speaker 5: with Avax, where you had this triple top of resistance.
27:53
Speaker 5: More recently, you know, Solana had this resistance around one
27:56
Speaker 5: hundred and eighty dollars dating back here to March that
27:59
Speaker 5: it was kind of stopping us from going up. This
28:02
Speaker 5: recent move where Solana made it over two hundred has
28:04
Speaker 5: officially put us into look at this after bottomy out
28:07
Speaker 5: in April, we put in a higher high right here,
28:10
Speaker 5: and now we put in a high or low and
28:12
Speaker 5: a second higher high. This is a clear bull trend
28:15
Speaker 5: on Solana. Doesn't mean we're not capable of pulling back.
28:18
Speaker 5: And again, I think what I'm gonna take a big
28:20
Speaker 5: look at right now is the daily smart trail where
28:23
Speaker 5: you're seeing gray dots come in here, and the twelve
28:25
Speaker 5: hour smart trail. Those are gonna be my two zones
28:27
Speaker 5: to keep an eye on. On that bottom side daily chart,
28:30
Speaker 5: we're looking somewhere in the world of one seventy is
28:32
Speaker 5: still absolutely doable, not guaranteed by any means, but it's
28:36
Speaker 5: something that I would put a bio order at one
28:38
Speaker 5: seventy just in case. I think the realistic level back
28:42
Speaker 5: to one seventy nine one eighty at that twelve hour
28:44
Speaker 5: smart trail, come back touch that former level of resistance,
28:47
Speaker 5: turn it into support. That to me is a safe
28:50
Speaker 5: place one seventy nine one eighty. If you're looking and
28:52
Speaker 5: asking where do I buy Solana next, the charts would
28:55
Speaker 5: say one seventy nine to one eighty is a pretty
28:58
Speaker 5: high likelihood to happen. But again, just the other all coins.
29:01
Speaker 5: I want to kind of bring this back up. Still
29:03
Speaker 5: a lot of room to the upside. We didn't quite
29:05
Speaker 5: get into that weekly smart trail with this weekly bube,
29:08
Speaker 5: and at this point in the market, with the way
29:09
Speaker 5: we're getting these buy signals, if I'm right about this,
29:12
Speaker 5: this is going to be way more of a move
29:14
Speaker 5: like back here in October of twenty twenty three. Yeah,
29:17
Speaker 5: the safe play is to make a trade when you
29:19
Speaker 5: need a buy single up to the smart trail. But realistically,
29:21
Speaker 5: I think we smashed the weekly smart trail. I think
29:23
Speaker 5: we keep going up at then we stretched the red bands.
29:26
Speaker 5: Same with Solana here. I think we're going to break
29:28
Speaker 5: through this smart trail in the next couple of weeks,
29:29
Speaker 5: next month or two, I think we start to stretch
29:32
Speaker 5: these bands. And I still believe four hundred to five
29:35
Speaker 5: hundred by end of year very doable. I think one
29:38
Speaker 5: thousand dollars before the next bear market is extremely doable
29:41
Speaker 5: for Slana. No guarantees whatsoever, But I think at the
29:45
Speaker 5: math math's right. If the amount of money that comes
29:47
Speaker 5: into crypto that I think will that's over eleven trillion dollars.
29:51
Speaker 5: I still think Solana to one thousand is a realistic possibility.
29:55
Speaker 3: Well, Solana is one of the icon tokens, and I
29:57
Speaker 3: think many people are looking at the you know, obviously
29:59
Speaker 3: the ETF that'll play into this. Also when you think
30:03
Speaker 3: about in general, many people trying to figure out what
30:06
Speaker 3: is the next best thing, because obviously they may say, hey,
30:08
Speaker 3: I missed I missed Ethan, I missed Bitcoin.
30:11
Speaker 1: What would be my other place?
30:13
Speaker 3: Solana might play into that, seeing you know, if you
30:15
Speaker 3: look at all time high, still half of where it was,
30:18
Speaker 3: one last point for around Solana. If you compare Solana
30:21
Speaker 3: and Ethereum right now and you consider maybe someone coming
30:26
Speaker 3: into the market for the first time, maybe they're saying, oh,
30:28
Speaker 3: the market's pulling back a little bit, this is my
30:30
Speaker 3: chance to buy in.
30:32
Speaker 1: Which one would you go with?
30:33
Speaker 3: And how do they trade against each other right now?
30:36
Speaker 5: Yeah, as a good question. I think the first thing
30:39
Speaker 5: to definitely understand even before look at the chart, because
30:41
Speaker 5: the charts trending down, which would imply Ethereum is the
30:45
Speaker 5: is outperforming Solana. Make sure you're aware of market caps.
30:50
Speaker 5: Not enough people, especially new investors, pay attention to market caps.
30:55
Speaker 5: They just look at price action. They just look at,
30:58
Speaker 5: you know, a chart like Solona over Theoryum, and right
31:00
Speaker 5: now you would say, oh, it's better to hold Ethereum
31:03
Speaker 5: than Solana long term, just because of how much smaller
31:08
Speaker 5: the market cap is. If your pure question is which
31:12
Speaker 5: money would a thousand dollars investment make me more of
31:15
Speaker 5: in the next year, Solana Ethereum. I'm not saying it's
31:18
Speaker 5: impossible for the answer to be Ethereum, but the most
31:21
Speaker 5: likely scenario is you'll make more money holding holding Solana
31:24
Speaker 5: over Ethereum. Right So that's the first thing is market
31:26
Speaker 5: caps are very, very important. Even if you know it's
31:30
Speaker 5: gonna be so much easier for Solana to double triple
31:32
Speaker 5: or quadruple that it is Ethereum's market cap, and that's
31:35
Speaker 5: kind of the major impact on what the price ultimately
31:37
Speaker 5: ends up doing. Right now. The reason I say that
31:40
Speaker 5: is because this chart is mostly talking about the power
31:43
Speaker 5: dynamics of market cap, and you can see Solana was
31:47
Speaker 5: just slaughtering Ethereum. I mean going back all the way.
31:50
Speaker 5: You know, if you want to technically go back to
31:51
Speaker 5: January of twenty twenty three, but really June twenty twenty three.
31:55
Speaker 5: Since then, Solana has been smashing gaining a lot of
31:59
Speaker 5: power on Ethereum, and you can see more recently back
32:02
Speaker 5: to April, it's slipped, it changed a little bit. Ethereum's
32:05
Speaker 5: outpacing Solana. It doesn't necessarily guarantee that means that since
32:08
Speaker 5: that time people have made more money holding Ethereum than Solana,
32:11
Speaker 5: but it means Ethereum's finally waking up and holding its
32:13
Speaker 5: own and that's causing the price action to slip back
32:16
Speaker 5: down in a nutshell. Though again I still go back
32:20
Speaker 5: and I'm not going to bring it up here. I
32:22
Speaker 5: encourage people go look at market caps, and unless you
32:25
Speaker 5: believe that Solana's gonna fall and crash and burn, you know,
32:29
Speaker 5: at this point, if I'm right about my predictions Solana,
32:33
Speaker 5: let's call it one thousand dollars. I think you go higher,
32:36
Speaker 5: but let's just a little more than a five x.
32:37
Speaker 5: A build more than five X in your investment Ethereum.
32:41
Speaker 5: I think there's a chance we get closer towards fifteen thousand,
32:44
Speaker 5: but I think summer beteen ten to fifteen thousand is
32:46
Speaker 5: the right estimate. We're at thirty five hundred right now.
32:49
Speaker 5: A five X is gonna put it way over fifteen thousand.
32:52
Speaker 5: That I don't have that happening in my cards. So
32:55
Speaker 5: just there alone, you know Solona is the better investment.
32:58
Speaker 3: Yeah, okay, So my thing is that you know, you
33:01
Speaker 3: follow the money right now. Obviously we haven't seen the
33:04
Speaker 3: play on ethereum that we have seen on Salonislan has
33:06
Speaker 3: been able to recover nicely, even up around the two
33:09
Speaker 3: hundred dollars mark, so that is one consideration.
33:13
Speaker 1: I think the strength here though.
33:15
Speaker 3: Tim, when you look at the eight play really centered
33:19
Speaker 3: around these strategic reserve companies. I don't think many people
33:23
Speaker 3: understand what happens when Wall Street takes a shot at something,
33:29
Speaker 3: because if you look at just ibit in general, I
33:31
Speaker 3: mean that's essentially what has driven what we've seen is a.
33:34
Speaker 1: Stellar run on bitcoin.
33:37
Speaker 3: Yeah, and I think that is not happened with eth.
33:39
Speaker 3: So it is very possible Tom Lee's out there claiming
33:41
Speaker 3: twenty K eight, it is very possible that we could
33:44
Speaker 3: see that kind of run on ethereum.
33:47
Speaker 1: So this is a.
33:48
Speaker 3: Tough call, but I'm gonna I'm gonna go counterpoint and
33:52
Speaker 3: choose if there is the better one.
33:55
Speaker 5: So again I hold both right, so hopefully no one
33:57
Speaker 5: thinks you have to choose one and not the other.
33:59
Speaker 5: I just expect to make more money in Solana, but
34:01
Speaker 5: I would say Tom Lee. Let's say Tom Lee's right
34:04
Speaker 5: and Eth hits twenty thousand, I think Solana is going
34:06
Speaker 5: to smash to a thousand at that point, Like I think.
34:08
Speaker 3: Well maybe, but there will always how much of that
34:11
Speaker 3: market will get sucked out?
34:12
Speaker 1: Though?
34:13
Speaker 3: Is My concern is that, you know, institutional capital may say, Okay,
34:16
Speaker 3: I'm going to play, but I'm only going to play
34:18
Speaker 3: with ten percent versus I'm really going to go in
34:21
Speaker 3: you know, ten or anywhere between ten to thirty percent
34:24
Speaker 3: on allocation if I'm going on risk assets to something
34:28
Speaker 3: like Ethereum. And again you've got ethan machine who has
34:30
Speaker 3: not purchased yet. Who knows what Justin Sun's going to
34:33
Speaker 3: be doing with his Ethereum. He's most likely going to
34:36
Speaker 3: launch one that'll be another big bomb in the market
34:39
Speaker 3: where we'll see eth strategic reserve companies. And I have
34:42
Speaker 3: a feeling that we're going to see a major, major company,
34:47
Speaker 3: and I'm talking about an S and P five hundred, Yeah,
34:50
Speaker 3: make a move on Ethereum, whether it is someone like
34:52
Speaker 3: a Microsoft or a big food company, someone I feel
34:56
Speaker 3: like is within six months of making a significant move
35:01
Speaker 3: that would cause Ethereum to get more recognized in mainstream
35:06
Speaker 3: like Bitcoin in reality, I mean, because remember Ethereum still
35:10
Speaker 3: fights that branding problem. Solana is well known in the
35:13
Speaker 3: crypto space and in the early VC space, which is
35:18
Speaker 3: good for the tech guys, but in general, we'll see
35:21
Speaker 3: how all this plays out. Listen, guys, Tim and I
35:24
Speaker 3: do this often, so we're going to have him back
35:26
Speaker 3: on the channel again. Tim, thanks so much for coming
35:28
Speaker 3: in today.
35:28
Speaker 1: We appreciate it absolutely.
35:30
Speaker 5: Thanks for having me, Paul.
35:31
Speaker 3: You bet all right, You guys, if you're not part
35:33
Speaker 3: of the Diamond Circle, get in on that. It's our
35:35
Speaker 3: own private group, and of course you can join for free.
35:38
Speaker 3: We always leave a link right down below. You get
35:40
Speaker 3: in on that. And guess what, we have a Telegram
35:42
Speaker 3: group and I want to make sure that we invite
35:44
Speaker 3: you to that because there is a link also down there.
35:46
Speaker 3: There's only one group out there for official Babaron and
35:50
Speaker 3: it's the link down below. You'll get invited to it.
35:53
Speaker 3: Joined there. I'm in there every day doing all sorts
35:56
Speaker 3: of trade up dates as well as just some of
35:58
Speaker 3: our additional research that we drop here on the show.
36:00
Speaker 3: Show check it out, follow me on x at Paul Baron.
36:02
Speaker 3: We'll catch you next time, right here on The Paul
36:04
Speaker 3: Baron Show.