Latest / The Paul Barron Crypto Show / Largest ETH Purchase Ever?🔥$463mil!🚀Technical Analysis w/ Evan Aldo ​

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Largest ETH Purchase Ever?🔥$463mil!🚀Technical Analysis w/ Evan Aldo ​ · The Paul Barron Crypto Show

• 0:06
  Speaker 1: Many things causing the market correction yesterday, but we're going
• 0:08
  Speaker 1: to take a look at Ethereum and also sharpening gaming.
• 0:11
  Speaker 1: This could be a play that very interesting things could
• 0:14
  Speaker 1: be happening. My name is Paul Barre. Welcome back in
• 0:16
  Speaker 1: the tech path. Let's get started today. I do want
• 0:18
  Speaker 1: to thank our sponsor, and that is I Trust Capital.
• 0:21
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• 0:23
  Speaker 1: Get it going, and of course you can do it
• 0:25
  Speaker 1: whether it's with eth, bitcoin.
• 0:27
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• 0:28
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• 0:31
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• 0:33
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• 0:34
  Speaker 1: a one hundred dollars funding reward to get started. Go
• 0:37
  Speaker 1: out there and get your own IRA for crypto. All right,
• 0:40
  Speaker 1: a couple things I want to hit on today. I
• 0:43
  Speaker 1: put out this tweet early this morning. I was talking
• 0:45
  Speaker 1: basically around IPOs and companies that would be utilizing strategies
• 0:50
  Speaker 1: to basically buy digital assets. Now, one of them that
• 0:53
  Speaker 1: we've been talking about here on the show has been
• 0:55
  Speaker 1: Sharpling Gaming. Sharpling Gaming very connected into Ethereum and also
• 0:59
  Speaker 1: Joseph lu We all know who that is. So this
• 1:02
  Speaker 1: is a strategy I think that is going to hit
• 1:04
  Speaker 1: the market in a very very big way, so be
• 1:07
  Speaker 1: on the lookout for that. I want to welcome in
• 1:09
  Speaker 1: mister Evan Aldo.
• 1:10
  Speaker 2: How are you, Evan.
• 1:11
  Speaker 3: Doing fantastic, Paul, He's an honor to beyond. Thanks.
• 1:14
  Speaker 1: Yeah, so we had a good time in Vegas. I'm
• 1:17
  Speaker 1: still interested in your gambling thesis around this.
• 1:21
  Speaker 2: So you guys, if you haven't.
• 1:23
  Speaker 1: Listened to Evan's gambling thing, he actually has put this
• 1:26
  Speaker 1: out on his YouTube channel so you can learn a
• 1:27
  Speaker 1: little bit more about it. I'll give you a link
• 1:30
  Speaker 1: to his YouTube channel here a second. But well, maybe
• 1:32
  Speaker 1: we can use that strategy on buying some stocks today,
• 1:35
  Speaker 1: is you know, buying it and eventually and you win.
• 1:38
  Speaker 2: Exactly, Yeah, exactly. So here's a.
• 1:41
  Speaker 1: Tweet from Joseph Lubin. Of course, you guys know him
• 1:44
  Speaker 1: from the Ethereum Foundation. Some are misrepresenting s BET's S
• 1:48
  Speaker 1: three filing, and basically what it boiled down to is
• 1:50
  Speaker 1: everybody was kind of assuming that they were selling from within.
• 1:54
  Speaker 1: That was not necessarily the case. All of this was
• 1:57
  Speaker 1: just normal processes that happen in any time that they're filing.
• 2:02
  Speaker 1: So for many of you that saw the spat stock
• 2:05
  Speaker 1: drop along with Ethereum also coming down. Of course, we
• 2:07
  Speaker 1: all know what's going on with that, with what's happening
• 2:10
  Speaker 1: in Europe, but when you look at sharp Link Gaming,
• 2:13
  Speaker 1: this was really the story they acquired and you have
• 2:16
  Speaker 1: to remember this is the largest acquisition of Ethereum by
• 2:21
  Speaker 1: a publicly traded company ever, four hundred and sixty three million.
• 2:25
  Speaker 1: This was this was huge because it has not been
• 2:29
  Speaker 1: put out there, and when you look at this, they
• 2:31
  Speaker 1: raised an additional seventy nine million during this push because
• 2:35
  Speaker 1: they were only going I think four hundred and twenty
• 2:37
  Speaker 1: five million originally. Ninety five percent of sharp links eighth
• 2:40
  Speaker 1: holdings are actively deployed in staking and liquid staking solutions.
• 2:46
  Speaker 1: So this is a good example of companies, I think,
• 2:50
  Speaker 1: maybe on the extreme, that are going to utilize digital
• 2:53
  Speaker 1: assets and we're going to probably see a lot more
• 2:55
  Speaker 1: of this strategy going forward. We saw the rise on
• 2:58
  Speaker 1: it mainly because of what was happening around the strategy
• 3:01
  Speaker 1: of purchasing eth as a public go trading company, and
• 3:05
  Speaker 1: then we saw the fall of that, and if you
• 3:07
  Speaker 1: look at their general value right now around six hundred
• 3:10
  Speaker 1: and ninety million. This was the drop that we started
• 3:12
  Speaker 1: to see right here. When you look at the chart
• 3:15
  Speaker 1: right now, how would you play this one if you
• 3:17
  Speaker 1: were really a big eth MAXI, which I know you are.
• 3:20
  Speaker 3: Yeah, I mean I think it's a good bye. I'll
• 3:22
  Speaker 3: tell you that. I mean, I think it's probably well,
• 3:24
  Speaker 3: I don't want to be too you know, overly optimistic,
• 3:27
  Speaker 3: but I think there's a good shot here because you know,
• 3:29
  Speaker 3: we zoom out here and this is kind of like
• 3:31
  Speaker 3: a huge point. This is your point of control. So
• 3:34
  Speaker 3: you know, I mean, if you had that big drop down,
• 3:37
  Speaker 3: I mean, there's there's good in bad here. Like the
• 3:38
  Speaker 3: good is that you're hitting such a major point you
• 3:40
  Speaker 3: had your huge drop down, so in all likelihood when
• 3:43
  Speaker 3: you zoom in here, you should be able to eventually,
• 3:46
  Speaker 3: hopefully assuming like I mean, I've done, I was messing
• 3:50
  Speaker 3: around with it a bit. I think EAT's got to
• 3:51
  Speaker 3: go up to four or five thousand to get back
• 3:53
  Speaker 3: up to these kind of highs. But you know, it
• 3:56
  Speaker 3: would be similar to kind of how micro Strategy outperformed
• 3:59
  Speaker 3: Bitcoin in the early days when they were acquiring it,
• 4:01
  Speaker 3: So you know, e doubling two or three hundred percent
• 4:04
  Speaker 3: for this would be kind of likely right here. But
• 4:07
  Speaker 3: be careful, you know, if there may be some things
• 4:09
  Speaker 3: we don't know about that I mean, if there's something
• 4:12
  Speaker 3: we don't know that isn't the best thing that could be,
• 4:14
  Speaker 3: you know, where things get a little bit hazy. But
• 4:17
  Speaker 3: if it does go like micro strategy, if things you
• 4:19
  Speaker 3: know have good management, you could do something like this.
• 4:22
  Speaker 3: I would do this on spot. Don't use leverage or
• 4:24
  Speaker 3: options on this probably, but you know, something like this
• 4:28
  Speaker 3: has stop loss below that low and trying to you know,
• 4:31
  Speaker 3: ride this up for a while makes a lot of sense. Here.
• 4:34
  Speaker 3: My guess is that into the end of the year,
• 4:36
  Speaker 3: if we can get you know, let's say we get
• 4:38
  Speaker 3: eight up to like four thousand by you know, sometime
• 4:42
  Speaker 3: at the end of the summer or whatever, I think
• 4:44
  Speaker 3: it's gonna be a saloon gradual incline. And then if
• 4:47
  Speaker 3: you can get back to if you can get up
• 4:49
  Speaker 3: to seven thousand, for eth you're looking at potentially you
• 4:52
  Speaker 3: know one fourteen those highs right there, which is gonna
• 4:55
  Speaker 3: be let's see what that was. You know, that's a
• 4:57
  Speaker 3: ten X. That's kind of the ice I would see too.
• 4:59
  Speaker 3: And then from these lows it already came up about
• 5:02
  Speaker 3: fifty X. I don't really see it going much past
• 5:06
  Speaker 3: that this year unless there's some major things happen, like
• 5:09
  Speaker 3: ETH going to ten thousand or something. But yeah, this
• 5:12
  Speaker 3: would be kind of my scenario for this right now.
• 5:14
  Speaker 1: Well, it would be if they do use the strategy
• 5:17
  Speaker 1: that strategy used micro strategy in terms of doubling down
• 5:22
  Speaker 1: on ETH, especially with this depressed market as we're seeing
• 5:25
  Speaker 1: it right now and we are not necessarily out of
• 5:28
  Speaker 1: the woods just yet.
• 5:29
  Speaker 2: I mean there's a lot of activity on it.
• 5:30
  Speaker 1: But if you look at Robin Hood, Robinhood course very
• 5:33
  Speaker 1: active right now with the market dip. So it's kind
• 5:36
  Speaker 1: of interesting when you look at the ETH chart right
• 5:39
  Speaker 1: now and consider is this an entry point because I
• 5:42
  Speaker 1: think a lot of people were surprised that we came
• 5:44
  Speaker 1: back down to around twenty four hundred. What do you
• 5:47
  Speaker 1: like around the eighth chart right now, because this will
• 5:50
  Speaker 1: probably guide the course of where sharplink is going.
• 5:53
  Speaker 3: Yeah, EF looks go too. I mean, obviously you know
• 5:57
  Speaker 3: much you know, a higher less speculative, still speculative, but
• 6:00
  Speaker 3: less of a speculative. Vet here, you know, you're in
• 6:03
  Speaker 3: this big range and your technal target if you break upward,
• 6:06
  Speaker 3: is going to be at the thirty two hundred, which
• 6:08
  Speaker 3: I think is the goal for end a month, early
• 6:10
  Speaker 3: next month, early next month at the latest for ethereum,
• 6:13
  Speaker 3: things still generally look pretty good here. It's kind of
• 6:16
  Speaker 3: a bullish formation. You're making higher highs, which is good
• 6:20
  Speaker 3: and you should jump forward. If you look at some
• 6:21
  Speaker 3: of these higher time frames here, you've got some continuation.
• 6:24
  Speaker 3: Look at your money flow coming up green dot right there,
• 6:27
  Speaker 3: that's your v WOP coming back up. So definitely a
• 6:29
  Speaker 3: lot of continuation, which would give keep us bullish into
• 6:33
  Speaker 3: the end of the month. I mean, most bullish possible scenario,
• 6:36
  Speaker 3: and this is where things can get crazy, would be
• 6:38
  Speaker 3: coming up to four thousand by the end of the month.
• 6:39
  Speaker 3: I wouldn't roll out completely, but more likely what you
• 6:42
  Speaker 3: would see is that jump up to thirty two hundred
• 6:45
  Speaker 3: by the end of the month, before your typical kind
• 6:48
  Speaker 3: of summer lull that we kind of see in the summer,
• 6:50
  Speaker 3: and then maybe you know, a retest to some of
• 6:53
  Speaker 3: these prior highs, maybe twenty seven hundred, and then the
• 6:56
  Speaker 3: real fun kind of begins, you know, probably in September
• 6:59
  Speaker 3: when you finally see a ray cut and then you
• 7:00
  Speaker 3: make your new all time highs and potentially get up
• 7:02
  Speaker 3: to my real big point sometime between October and December
• 7:06
  Speaker 3: at seventy three hundred. So Eath's still looking really good,
• 7:09
  Speaker 3: you know, hitting a big point right here. I wouldn't
• 7:11
  Speaker 3: get too pessimistic. I don't see any reason to be
• 7:13
  Speaker 3: too pessimistic.
• 7:14
  Speaker 1: Is this still a good entry point for eight if
• 7:16
  Speaker 1: you were dollar cost averaging?
• 7:18
  Speaker 3: Oh? Absolutely, yeah, yeah absolutely.
• 7:20
  Speaker 1: When you look at sharply, I'm looking at the fender
• 7:23
  Speaker 1: data here on Shorts, which is kind of interesting because
• 7:27
  Speaker 1: we've seen a company that has lost more than ten
• 7:30
  Speaker 1: percent on its stock price, which usually causes some triggers
• 7:34
  Speaker 1: within Wall Street around this.
• 7:36
  Speaker 2: But it seems to be slowing a little bit because
• 7:38
  Speaker 2: this was.
• 7:38
  Speaker 1: The ratio was over sixty just the other day, which
• 7:42
  Speaker 1: is kind of interesting, and it seems to obviously be
• 7:44
  Speaker 1: slowing there from what it was on the eleventh. Do
• 7:47
  Speaker 1: you feel like Shorts might flip this around and start
• 7:50
  Speaker 1: longing sharplank sharplank.
• 7:52
  Speaker 3: Yeah, probably, or a short squeeze. I mean it's hard
• 7:54
  Speaker 3: to say with that, but yeah, there's a lot of
• 7:56
  Speaker 3: Shorts that came down. I mean, this is obviously any
• 7:58
  Speaker 3: anyone who has any literal knowledge of looking at a
• 8:02
  Speaker 3: chart could obviously say this is probably the time you
• 8:05
  Speaker 3: should take profits on your shorts and maybe turn around.
• 8:07
  Speaker 3: So yes, in all likelihood they will close out. It
• 8:10
  Speaker 3: could take time, though, I mean, this could be kind
• 8:11
  Speaker 3: of sideways. While ETH does pretty well this month and
• 8:14
  Speaker 3: you may not see too much until more towards the
• 8:16
  Speaker 3: end of the year, it could take time.
• 8:18
  Speaker 2: Interesting, okay.
• 8:19
  Speaker 1: Because this is the group of companies that were involved
• 8:22
  Speaker 1: in funding that purchase, you'll notice many of them. There's Parafi,
• 8:27
  Speaker 1: Pantera Capital, Ondo, Galaxy Digital, Arrington Capital.
• 8:31
  Speaker 2: Which is big into Salona.
• 8:33
  Speaker 1: I mean, this is pretty much the who's who of
• 8:36
  Speaker 1: the crypto side of things when it comes to vcs.
• 8:39
  Speaker 1: So funding was very well backed. Likelihood is we could
• 8:43
  Speaker 1: see maybe another round, especially if ETH continues to go down.
• 8:47
  Speaker 1: What is your likelihood of seeing ETH fall again or
• 8:51
  Speaker 1: do you feel like this might be the bottom.
• 8:53
  Speaker 3: I think it's pretty unlikely. I don't see there's not
• 8:56
  Speaker 3: that much short interest in ETH right now. And when
• 8:58
  Speaker 3: you look at like I'll show you that again. I mean,
• 9:01
  Speaker 3: the main thing would be a breakdown from this area
• 9:03
  Speaker 3: and then you'd break down to like that twenty one hundred.
• 9:05
  Speaker 3: But I just don't see it being too likely. And
• 9:08
  Speaker 3: if we do the other thing that I wanted to
• 9:10
  Speaker 3: Oh yeah, now remember rare, the most rare bullish sign
• 9:13
  Speaker 3: ever here we could actually see it on a regular
• 9:15
  Speaker 3: candles little trigger wave right there on your monthly So
• 9:19
  Speaker 3: same thing right there that was your big rally upward
• 9:22
  Speaker 3: in twenty twenty three. You know that gives you a
• 9:25
  Speaker 3: technical target at your old all time high by October.
• 9:29
  Speaker 3: So the likelihood, I mean, anything could happen, but I
• 9:31
  Speaker 3: don't think it's very likely this would drop down to
• 9:33
  Speaker 3: twenty one hundred. If it does, I don't think it
• 9:35
  Speaker 3: would be there very long.
• 9:37
  Speaker 1: Yeah, well, I think the question will be obviously the
• 9:40
  Speaker 1: heated tensions in the Middle East. Is this a black
• 9:43
  Speaker 1: swan or a gray swan event? You know that we
• 9:45
  Speaker 1: could be seeing brewing, And I think that's what everybody's
• 9:49
  Speaker 1: kind of questioning right now on the markets. If you
• 9:52
  Speaker 1: look and compare to what micro Strategy did in the
• 9:55
  Speaker 1: early days, and I think a lot of people have
• 9:57
  Speaker 1: to kind of compare what they did because they were
• 9:59
  Speaker 1: a company that was struggling desperately to make money. They
• 10:03
  Speaker 1: were not making money at that time. In fact, the
• 10:06
  Speaker 1: company was losing hemorrhaging funds. And if you look at
• 10:09
  Speaker 1: what micro Strategy did in that period of time, I'll
• 10:13
  Speaker 1: scan down to it. Right there was the first date
• 10:15
  Speaker 1: that was August eleventh, twenty twenty, when micro Strategy issued
• 10:19
  Speaker 1: the press release announcing that they had commenced their Dutch auction,
• 10:23
  Speaker 1: which was a tender offer to purchase two hundred and
• 10:27
  Speaker 1: fifty million of value of the shares that they held
• 10:29
  Speaker 1: towards Bitcoin. Now, if you look back on that date,
• 10:33
  Speaker 1: go back to the micro Strategy chart on that date,
• 10:37
  Speaker 1: August eleventh, twenty twenty.
• 10:40
  Speaker 3: Yeah, I just found it right here. And if we
• 10:42
  Speaker 3: look at the chart here, it's right around that August
• 10:44
  Speaker 3: twenty yep. Yeah, I mean that's you had a nice
• 10:48
  Speaker 3: rally upward, which you know in that in the year,
• 10:51
  Speaker 3: were a few months ahead of that right now, So
• 10:53
  Speaker 3: about a ten x right there. But just keep in
• 10:56
  Speaker 3: mind the difference here with the s BET is this
• 10:58
  Speaker 3: was only up fifty seven percent, you know, SPT is,
• 11:02
  Speaker 3: if you compare it to spet, we're already up. Even
• 11:04
  Speaker 3: with this giant drop down, you're still up three hundred percent.
• 11:08
  Speaker 3: So I mean, if you compare it to that, that's
• 11:10
  Speaker 3: a ten x, right there. Like we mentioned, keep in
• 11:13
  Speaker 3: mind though the sequel is normally worse, the sequel is
• 11:17
  Speaker 3: normally a little bit worse. But seven hundred percent back
• 11:21
  Speaker 3: to those highs could be a decent deal right there.
• 11:23
  Speaker 3: I mean, if we want to get really speculative, I
• 11:26
  Speaker 3: guess it's not impossible to go up to twenty eighty nine.
• 11:29
  Speaker 3: You know, by end a year. That would probably you'd
• 11:32
  Speaker 3: probably need a ten k or eleven k ethereum for
• 11:34
  Speaker 3: that to happen. I would kind of estimate here a
• 11:38
  Speaker 3: new all time high forre ethereum you'd be at forty
• 11:40
  Speaker 3: eight and then seventy five hundred free ethereum you'd be
• 11:44
  Speaker 3: at over one hundred slightly new all time high or something,
• 11:47
  Speaker 3: or not even new all time high, you know local
• 11:49
  Speaker 3: if we go way back, yeah, you're still pullow your
• 11:51
  Speaker 3: highs for stock, but local new local high for the year. Yeah.
• 11:55
  Speaker 1: I think the thing that I want to compare it
• 11:58
  Speaker 1: to is when you look at strategy. This is the
• 12:00
  Speaker 1: strategy tracker and the nav of what they were doing, because.
• 12:04
  Speaker 2: They were about eight x of what their value.
• 12:07
  Speaker 1: Was when they started to ingest that in with with sharplankets.
• 12:10
  Speaker 1: Really right now, I mean this is a thing's only
• 12:12
  Speaker 1: valued at about six hundred and fifty million currently versus
• 12:15
  Speaker 1: what they've already been purchasing here with eth I mean,
• 12:18
  Speaker 1: you go out and buy almost five hundred million in
• 12:19
  Speaker 1: just ethereum by itself much less it's move if it
• 12:22
  Speaker 1: goes to five thousand dollars.
• 12:24
  Speaker 2: I mean, what would the wind be on that?
• 12:26
  Speaker 1: And then the speculative nature of how that can play forward.
• 12:29
  Speaker 2: So it's getting kind of interesting.
• 12:32
  Speaker 1: I just wonder because we are seeing a lot of
• 12:34
  Speaker 1: companies I think that we're going to see maybe their
• 12:38
  Speaker 1: first entry into digital assets, and my speculation is that
• 12:43
  Speaker 1: ethereum is going to be one of the top assets
• 12:45
  Speaker 1: that many companies either one will start doing something as projects,
• 12:50
  Speaker 1: or two they'll just simply put it on their balance sheet.
• 12:53
  Speaker 1: Good example of that, Evan, is this right here Walmart
• 12:56
  Speaker 1: and Amazon now exploring to launching their own stable quint,
• 12:59
  Speaker 1: I mean, this is getting out of control. What do
• 13:02
  Speaker 1: you think about stable coins launching on major retailers like this?
• 13:06
  Speaker 1: Is this still very bullish for the industry or is
• 13:09
  Speaker 1: this have we just hit the top?
• 13:11
  Speaker 3: It's bolish. I think it's bullish, but you know, it
• 13:13
  Speaker 3: shows signs that we're probably still in that four year cycle.
• 13:16
  Speaker 3: I mean, I could see s being bullish, you know,
• 13:18
  Speaker 3: for another six seven months since the end of the year,
• 13:20
  Speaker 3: maybe early next year, but then you're probably going to
• 13:23
  Speaker 3: get your typical kind of twenty twenty six bear markets.
• 13:25
  Speaker 3: So you know, does it tell me that you know
• 13:28
  Speaker 3: Bitcoin is going to go up to two hundred and
• 13:30
  Speaker 3: three hundred thousand this year? No? But does it tell
• 13:31
  Speaker 3: me Bigwin go up to one hundred and fifty k
• 13:33
  Speaker 3: maybe a little bit more? Sure? Does it tell me
• 13:36
  Speaker 3: Eith could double or triple this year? Sure? Does it
• 13:38
  Speaker 3: say Heath's going to go up ten x this year?
• 13:40
  Speaker 3: Probably not? So that's what I would say, But it's bolish, Yeah,
• 13:44
  Speaker 3: I woul say it's bullish over all that well.
• 13:45
  Speaker 1: I think the point that we're getting at is the
• 13:48
  Speaker 1: Genius Act getting ready to go live next week. My
• 13:51
  Speaker 1: guess is we're going to get a passage on that.
• 13:53
  Speaker 1: It's not really a guess. I'm predicting that it's going
• 13:55
  Speaker 1: to happen. We're going to see that occur. Also, the
• 13:59
  Speaker 1: likelihood of what we're going to see is kind of
• 14:01
  Speaker 1: the UNIWAP Act, the Clarity Act around DeFi I think
• 14:04
  Speaker 1: that also is going to continue to push a lot
• 14:06
  Speaker 1: of the growth going forward. So still very bullish in
• 14:09
  Speaker 1: the market. Right now, we're going to get to bitcoin
• 14:11
  Speaker 1: and UNISWAP. I want to show you something special about
• 14:14
  Speaker 1: that before we go there. I want you guys to
• 14:16
  Speaker 1: jump over to Evans channel and you can just get
• 14:18
  Speaker 1: in right here. Evanaldo over on YouTube. Catch's latest live
• 14:22
  Speaker 1: stream right there, So he's doing live stream. This was
• 14:25
  Speaker 1: yesterday eight closing in on three K, but it's we
• 14:28
  Speaker 1: obviously saw the adjustment down. Do you think how far
• 14:33
  Speaker 1: away are we are from three K and what's your
• 14:35
  Speaker 1: window for that?
• 14:37
  Speaker 3: Well, end of month and a month to early next
• 14:40
  Speaker 3: month would be the big window. I would think. I
• 14:42
  Speaker 3: think there's a strong likelihood you can get there. I
• 14:44
  Speaker 3: mean we came down a little bit obviously with the
• 14:46
  Speaker 3: Israel Iran thing, so you know, I mean, there's always
• 14:49
  Speaker 3: going to be those things, but the timeline has always
• 14:52
  Speaker 3: been the end of this month, early next month.
• 14:54
  Speaker 1: Big news out there in the market, and that is
• 14:58
  Speaker 1: the asset universe for Base just got a lot bigger
• 15:01
  Speaker 1: dex trading and you're going to be able to get
• 15:03
  Speaker 1: all sorts of ass thousands maybe of assets out there
• 15:06
  Speaker 1: on the Coinbase app, which is going to open up
• 15:09
  Speaker 1: the market. All of this is going to be most
• 15:10
  Speaker 1: likely taking place over on uniswap. Uniswap is one that
• 15:15
  Speaker 1: we've been watching for quite a while. It is a
• 15:17
  Speaker 1: major asset that could have huge benefits going forward, especially
• 15:22
  Speaker 1: with this Clarity Act coming into play. How do you
• 15:25
  Speaker 1: like uniswap and would this be a play right now
• 15:27
  Speaker 1: for you?
• 15:28
  Speaker 3: The ERC twenty tokens, especially uniswap, look really good right now, Paul.
• 15:32
  Speaker 3: And you know, I'll tell you we're jumping up right here.
• 15:35
  Speaker 3: You know, we were at eight age sixty. You know,
• 15:37
  Speaker 3: we came down a little bit, but you're trying to
• 15:39
  Speaker 3: reclaim this big level at seven fifty five, which is
• 15:42
  Speaker 3: really good right here. So I think when you really
• 15:44
  Speaker 3: zoom out here, similar to e theory, and we have
• 15:46
  Speaker 3: a lot of these nice waves right here. I think
• 15:48
  Speaker 3: on the three week yeah, a little trigger wave for
• 15:51
  Speaker 3: me right here similar to that one. So I think
• 15:53
  Speaker 3: there's a high likelihood of coming back up to that
• 15:56
  Speaker 3: twelve dollar area, maybe sometime and by July, more likely
• 16:02
  Speaker 3: sometime by September, and then if you can break up
• 16:04
  Speaker 3: through there, I could see this jumping up to your
• 16:08
  Speaker 3: next target, which would be right around the close to
• 16:11
  Speaker 3: the old all time high twenty five dollars. There's a
• 16:13
  Speaker 3: lot of potentially here three to four x into the
• 16:16
  Speaker 3: end of the year. I really like you and to
• 16:17
  Speaker 3: swap right now. I think it looks really good, good
• 16:19
  Speaker 3: money flow here in your two days. Well, so, yeah, we.
• 16:22
  Speaker 1: Got to talk about bitcoin before we get out of here.
• 16:24
  Speaker 1: Looking at bitcoin trading right now at one oh five,
• 16:26
  Speaker 1: but some people may have snagged that dip around one
• 16:28
  Speaker 1: oh two nine. When you look at bitcoin right now
• 16:32
  Speaker 1: and the way it's playing, Uh, do you feel like
• 16:35
  Speaker 1: the one twenty k is within reach before? This is
• 16:40
  Speaker 1: the key question before a fed.
• 16:42
  Speaker 3: Cut before if oh, absolutely yeah, if you're thinking fed
• 16:45
  Speaker 3: cut is going to be in September, September one under
• 16:48
  Speaker 3: twenty k is like thirty two hundred free theorreum in
• 16:50
  Speaker 3: my opinion. Yeah, And we can look at the area
• 16:54
  Speaker 3: right here. You know, you came down and you're forming
• 16:57
  Speaker 3: what would be you know, one of my favorite patterns
• 16:59
  Speaker 3: in at post having a year and an up trend
• 17:01
  Speaker 3: reverse head and shoulders. You know, this is going to
• 17:03
  Speaker 3: give you a conservative estimate at you know, one fifteen.
• 17:07
  Speaker 3: If you want to a real, you know, moderate estem
• 17:10
  Speaker 3: I wouldn't even say liberal estimate would be that one
• 17:12
  Speaker 3: seventeen right there, But in terms of the way you
• 17:15
  Speaker 3: would map this out early July would be that one twenty.
• 17:17
  Speaker 3: So the one seventeen one twenty area. I do think
• 17:20
  Speaker 3: that ETH may continue to kind of outperform, you know, Bitcoin.
• 17:24
  Speaker 3: As we see right here, Eth is outperformed Bitcoin since
• 17:26
  Speaker 3: the bottom end April about forty percent. So I do
• 17:29
  Speaker 3: think there's more momentum. You know, you may see etherem
• 17:32
  Speaker 3: at thirty two hundred, but Bitcoin's only at you know,
• 17:34
  Speaker 3: one fifteen or something. So I think Bitcoin, you know,
• 17:36
  Speaker 3: it's eighth season. That's what I would say for the
• 17:38
  Speaker 3: next few months each season right now. So but you know,
• 17:40
  Speaker 3: this looks could all around money flow coming up. I
• 17:42
  Speaker 3: mean you could try to long this up to one
• 17:43
  Speaker 3: ten would make a lot of sense here.
• 17:45
  Speaker 1: So yeah, Evan, if you look at the Bitcoin eighth chart,
• 17:48
  Speaker 1: e bitcoin chart, I mean this is, yes, it did recorrect,
• 17:52
  Speaker 1: but it also is a little bit sideways here right now.
• 17:56
  Speaker 1: When you think you're thinking around early July possible for
• 18:00
  Speaker 1: another all time high for Bitcoin, do you feel like
• 18:03
  Speaker 1: that's where ETH is more in that third you said
• 18:06
  Speaker 1: thirty three hundred. I think by that period of time.
• 18:08
  Speaker 3: Yeah, I mean thirty two hundred, you could be up
• 18:11
  Speaker 3: to I know it may sound too optimistic, you could
• 18:13
  Speaker 3: be up to that four thousand free ethereum. Let me
• 18:15
  Speaker 3: show you that chart again really quick here, that eth
• 18:18
  Speaker 3: versus Bitcoin chart. You know, you got your reverse head
• 18:20
  Speaker 3: and shoulders. You got a technical target all the way
• 18:23
  Speaker 3: up at the previous kind of place, okay, which would
• 18:27
  Speaker 3: be point oh three right here where we were in November.
• 18:30
  Speaker 3: So eth out performing Bitcoin by another forty percent, especially
• 18:33
  Speaker 3: with the aspet, especially with a lot of money you know,
• 18:36
  Speaker 3: potentially coming in. You can see a four thousand dollars ethereum. Yeah,
• 18:40
  Speaker 3: you could see that.
• 18:41
  Speaker 1: Interesting things right now, I think a lot of it. Again,
• 18:44
  Speaker 1: this is back to the point of how convicted are
• 18:47
  Speaker 1: you guys on you know, digital assets as a whole.
• 18:50
  Speaker 1: When we do see these pullbacks like this, is this
• 18:53
  Speaker 1: a time when you, guys dollar cost average and go
• 18:55
  Speaker 1: a little bit deeper in on your assets? Let me
• 18:57
  Speaker 1: know on the comments down below, make sure in a
• 18:59
  Speaker 1: course check Evan Aldo's channel.
• 19:01
  Speaker 2: Over on YouTube. You guys can find him.
• 19:03
  Speaker 1: Just evan Aldough get in his latest stream, and make
• 19:06
  Speaker 1: sure you tell him that you came in from PBN.
• 19:09
  Speaker 2: Evan, thanks so much for coming in today. We appreciate it.
• 19:12
  Speaker 3: Thanks so much, paulows and honor.
• 19:14
  Speaker 1: You bet all right, So guys get in on the
• 19:16
  Speaker 1: Diamond Circle. That's the place where you guys can get
• 19:18
  Speaker 1: additional content from me. And also we have a Telegram
• 19:20
  Speaker 1: group that is absolutely exploding, and I am in there
• 19:23
  Speaker 1: every day. I talk with you guys. I chat with
• 19:25
  Speaker 1: you about different things. Obviously, we talk and trades, we
• 19:28
  Speaker 1: talk investments, strategies, what sectors are doing well. We'll leave
• 19:32
  Speaker 1: a link down for that, and of course catch me
• 19:34
  Speaker 1: out there on x at Paul Baron. We'll catch you
• 19:36
  Speaker 1: next time right here on tech Path.
• 19:39
  Speaker 2: Thanks