The Bitcoin Bottom Is Looking More Convincing | Trading The Markets: Septmeber 2, 2026

Bijan Maleki and Kris Bullock are back to break down a potentially important shift in the macro setup for crypto. With the U. S. Treasury stepping up long-dated bond buybacks, long-end yields are falling and the dollar is weakening, conditions that could become increasingly supportive for bitcoin, gold, and other risk assets. 👉 Have a question for Kris? Join the live show every Wednesday at 1pm ET in the RV Discord. Register here: https://discord.gg/FTQsrUhD9Z. 🔥 Get 𝗙𝗥𝗘𝗘 𝗔𝗖𝗖𝗘𝗦𝗦 to Real Vision https://rvtv.io/3YOZZUe Timestamps: 00:00 - Trading the Markets: Bitcoin’s Reversal Takes Shape 04:27 - Bitcoin Breaks a Major Monthly Bull Market Signal 06:30 - Is the Bitcoin Bottom Finally In? 09:12 - Bitcoin ETF Inflows & Meme Coins Show Signs of Life 12:43 - How to DCA Bitcoin Without Chasing the Rally 16:03 - Bitcoin Consolidation: What Happens Next? 17:36 - Solana & Uniswap Lead the Crypto Rally 19:10 - DeFi & Meme Coins Show Major Strength 21:03 - Robinhood’s Crypto Ecosystem Is Driving the Market 27:09 - Bitcoin, Ethereum & Hyperliquid Hold Their Gains 32:19 - Chainlink & the Tokenization Opportunity 34:58 - NEAR, Aave, Sui, Tron & XRP Lose Momentum 40:11 - PUMP, Bittensor & PENGU Give Back Their Gains 43:27 - Ondo & Morpho: Which DeFi Charts Still Look Strong? 50:07 - What Could Be the Next Hyperliquid? #bitcoin #crypto #cryptocurrency #btc #ethereum #altcoins #cryptomarket #cryptotrading #bitcoinprice #technicalanalysis #macro #liquidity #investing #trading #etf #nvidia #ai #realvision Learn more about your ad choices. Visit podcastchoices.com/adchoices

• 0:06Speaker 00

  And we are live. So hopefully you caught that little blurb on what's going on on Robinhood and their meme coins. Pretty funny and pretty, pretty creative and smart, actually. But welcome back to another edition of Trading the Markets. I'm Bijan Maleki. And of course, we're joined by Chris Bullock, aka Blasto Plast. Got a show for you today. Obviously, the market is not, did not start the week the way we ended. So we're going to be talking about that. Chris is going to dive into a whole bunch of charts, sift through what's been going on. And of course,

• 0:47Speaker 00

  as always, if you guys have any questions, drop them into the live chat and we will get to as many as we can. Chris, happy Wednesday. What's going on?

• 0:58Speaker 01

  Yeah, good stuff, actually. I mean, yeah, slow week, but there's a lot to talk about. There was some really good closes to the month. And since we're, you know, the first show of the month, day two of the month, I want to spend a lot of time talking about what happened last month and some key levels that we broke through. And, you know, quite a few good things happened. So it's not all doom and gloom. And really, this week isn't even that bad. So, so yeah, it's, I'm, I'm positive right now. Things are good. Things are actually looking good. So don't panic yet. Before we get into that, though, I wanted to talk a little bit about the note I posted on the website. It was last week now, I think. Yeah, or so. Kind of talking about my

• 1:40Speaker 01

  story that I've gone through with Real Vision, how I started, you know, as a not whatever, lowly member. I was just a regular, regular guy, you know, kind of going through this journey. And over the last six months, I have gone through this process. And now I am officially a hedge fund manager, which is very exciting. And it's a, it's a wild new chapter for me in my life. And yeah, I just kind of wanted to share that. If you guys missed the note, it's not going to change anything as far as what I'm doing with Real Vision. I'm still going to keep doing that, doing the shows, doing the reports and everything. But yeah, I've got a little bit more going on now outside of this. And yeah, things, things are exciting. So yeah, I don't know.

• 2:25Speaker 00

  Obviously, congratulations, the community. I think a lot of people did see your note.

• 2:30Speaker 01

  Yeah.

• 2:30Speaker 00

  Andreas actually shared it on Twitter as well, or X. So obviously, and I think a lot of people were happy, they're supportive. So obviously, great community vibes that we have. And that's kind of like, that's what's great about Real Vision in general, you know, we have, and we always talk about how our hive mind is second to none. We have, you know, some of the most advanced investment minds, I guess, in retail, if you will. And, and this is just another example of it. You know, we have a lot of members, obviously Chris included, that are just doing great research and sharing great information. And I've been at Real Vision for four years now. And Chris was one of the first people I met in the Discord. So I've known him for four years now. So it's, it's been great to see this journey firsthand, right? You know,

• 3:15Speaker 00

  go from a member just posting in the Discord, just sharing things, to, you know, having a show and talking about, you know, charts. And he's also evolved as a, as a technical analyst as well. You know, I think from four years ago to where you are today, I think your strategy and just your skills in general are very different, right? I think that's a testament to your hard work and a testament to the community as well, you know, always giving ideas and feedback to always improve things. You know, before I joined Real Vision, I do have to say, I was a part of the Wall Street Bets community. And you would have been an adversary of mine, because you know how they feel about the hedge funds and the hedgee's. So it's just funny, it's funny to see.

• 3:59Speaker 00

  But no, congrats. And we'll be looking forward to this journey.

• 4:05Speaker 01

  Thank you. Appreciate that. And I got to say too, yeah, it really, if it weren't for Real Vision and the Discord too, in particular, I've learned so much from this Discord community, just being able to bounce ideas off of, you know, each other and share charts and share our analysis and everything. And so thanks to you guys for sure, for hanging with me all this time and being a part of that journey. So, so yeah. Anyway, all right, let's, let's get to it here. So again, I did say I wanted to start on the monthly timeframe. So here we are looking at Bitcoin on the monthly timeframe. Nice, big, green candle. There's a couple of things that stand out to me here that I want to highlight. First of all, one, this is the highest monthly

• 4:46Speaker 01

  close that we've had since this bear market started. We had this kind of run up back here in, you know, in the spring that you guys remember, I'm sure, when a lot of people thought maybe at that time, the, the bear market was over and we were back on, not quite yet. And then we got this big, huge flush out in June. Look here, though. We've actually closed above the previous high candle bodies from that level. So we're now officially, I think, trending in the right direction. Also, big, big thing to point out, we've actually closed above the 10 month moving average and also the 20 week moving averages at the same time. And if we zoom out, let's kind of take a look at what that means. That's actually very significant, because in a bear market, really, the 10 month moving average serves as a big line in the sand. And

• 5:31Speaker 01

  once you break out through it, it's kind of back on, you know, from there. Like, looking at it here, we closed above it here, we never closed below it again, until, until it was over. And if we go back here, same kind of deal. Yeah, we had this little, this little mix up here around the COVID timeframe that, that, you know, wobbled a bit. But basically, once we broke out, we generally held it, we had COVID. And then again, it was just ripped until the very end. And then going back here to 2017, same kind of deal. Once you break above that 10, it's just kind of game on. So I hope it turns out the same way. One thing I do want to caution, though, is if you'll notice, just because we break out, doesn't mean we might not come back and touch it,

• 6:12Speaker 01

  doesn't mean we might not actually come back and dip below it occasionally. Like, in, even in the last cycle, we broke out above it, we technically closed sort of above it, right at it, or whatever. And then the next month, we were flat. And then a couple of months later, after we broke through it, we actually came down and wicked way down below it for a minute. Now granted, it was a V shape and we bounced right back. But my point here is, don't get all excited thinking, oh, the bottom's in, we're never going to be back down to these lower levels again. It's just going to only rip from here. There's a very real chance that, you know, we could come back down into the, the low 80s, maybe even the high 70s. You know, there's a few levels here that we could look at retesting before we kind of ultimately kick up from here.

• 6:55Speaker 01

  So I continue to say what I'm looking for is a solid close above this, this previous wick high on this monthly, which is around the 80, say 83,000 level. I think once we can convincingly close above that, I'll really feel like we're truly in a new bull market. Until then, we're, I'm more like, my current stance is probably the low is in, you could probably argue the low is in. This was like a perfect D mark nine perfected count on the monthly timeframe here, which adds up perfectly as a, as a good low. So I could probably reasonably safely say that the low is in. But I can't necessarily say that we might not chop around here for another month

• 7:37Speaker 01

  or two, and we might not get a few more dips down into the, you know, 70 ish thousand range. So don't like go all in here thinking it's only going to go up from here. There's a, there's a decent chance that it won't. There's a decent chance we get one more cheeky kind of flush out. And so just kind of be mentally prepared for that and be looking for that 83,000 level as the, as the big sort of rah rah, it's, you know, we're so back kind of level. That's kind of, that's what I'm looking for here is that where that yellow line is. So let's sort of zoom in a little bit to the weekly timeframe now here. We can see, I'm going to go through a lot of charts. And I want to compare a lot. I'm going to use this big week that we had, you

• 8:18Speaker 01

  know, back a couple of weeks ago now, as the, the benchmark. Where are we relative to this big week we had back then? And I'm going to go through a bunch of charts and look at all of them and see, because some of them are actually higher than they were from that big weekly candle. A lot of them are sort of just chopping sideways, consolidating. And then a decent number of them are actually much, much lower. They're, they're giving back a lot of those gains. And so I want to make a point to call out the ones that are continuing to show really solid relative strength, the ones that are continuing to run and, and, you know, show, show that the market is giving them a bid, basically. Those are the ones that we want to pay attention to. Those are the ones that I think are worthy of continuing to follow. There's a number of like, the, the big ones, a lot of the big ones, like your Bitcoin and

• 9:03Speaker 01

  Ethereum and Solana and stuff like that, that I'll get into. Those are generally the ones that are kind of just consolidating sideways. And then there's a bunch that have rolled over. So that's where we're going to spend most of the time is, I think, digging through that. But what else? Did I have anything I wanted to touch on? Yeah, no, that's, that's, that's kind of it. Let's see. Oh, let's look at ETFs real quick. ETF. Notice ETFs were doing well, have been doing well, which is, I think, a key thing. We did get one down, or actually, this one actually is more current. We've gotten, we had a couple of down days after this big chunk of nice uptrend, you know, nice net inflows. We had a down day, then we had an up day, and then

• 9:44Speaker 01

  we had another down day yesterday. So the ETFs are slowing down. However, when this rally started, we were at a net negative of about 5 billion net inflows on the year. We've cut that number in half. So I think that's huge. I think that's showing us that ETFs are definitely coming back. They're, you know, they're definitely getting involved. And so that's really what we want to see. We're seeing memes come on like crazy right now, particularly on Robinhood, which is interesting to see too. The D gens are starting to wake up. And, you know, some of the memes are really running. So that's, that's fun, too. That's showing us that there's signs of life. They're starting, you know, people are waking up. So good things are happening.

• 10:26Speaker 00

  Yeah, so Chris, you said you could argue that the bottom is in, right? So my perma bull brain heard you say the bottom is in and DCA with conviction commences. Would you say that that I'm getting ahead of myself or what do you say to that?

• 10:45Speaker 01

  No, I think that's fair to say. Certainly nothing wrong with DCA. You know, there's, there's always a chance. I mean, that's why you DCA it. Sometimes you're going to buy, it's going to be higher. Sometimes you're going to buy, it's going to be lower. But that's, you know, you're going to get the good average there. And that's, I think, a responsible way to play this because like, like I was just saying, there's a very real chance that we could come back down and retest these big moving averages. This, like this 200 day moving average cloud, or actually, let's look at it on here. I think we're above it. Yeah. So like this 200 day moving average cloud is probably a very typical line that we would come back to. I would say that usually when you have a big breakout outside of a big, major moving average, it's not uncommon at all to get a retest of that. And a number of assets have, so I would be looking at that.

• 11:27Speaker 01

  And that's currently what is on the low side. That's at about 68, 69,000. On the high side, that's at 72. So that's kind of why I was saying, we could get a test back down into that high 60s, low 70s range. Wouldn't be surprising at all. And if you're DCA, that's, that's great because that's an opportunity to buy at lower levels, bring that dollar or that, you know, the cost basis down and, you know, run it from there. So, um, yeah, good call, I think.

• 11:59Speaker 00

  Yeah. So that's why, I guess that's why it's, you were saying earlier, it's also important not to like, throw it all in now because we could either waffle sideways, we could get that flush out, especially if we drop into the low 70s, you know, mid, high 60s. And you threw away all your DCA budget. You're out, you're out of luck there. So,

• 12:18Speaker 00

  for DCA, just real quick before we move on, because I know a lot of people in our community do DCA. Like, what would you say is the best strategy for that? Is it just like have a certain set allocation of your portfolio that you're saying, hey, 1% each week or whatever it is, or is there like a dollar amount like how? What would you say is the best way to DCA?

• 12:43Speaker 01

  Yeah. Good, good question. Um, there's two, there's two things that go into that equation. There's the, there's the time, like sort of the duration, you think that you want to do this strategy before you think that it's likely that the trend could really begin in earnest. And then there's also the, the full percentage allocation that you want to devote to whatever asset it is. Let's say, just hypothetically, let's pretend, for example, we want to have a 10% allocation to Bitcoin in total by the time it's done. And then we take the, the duration, which would be, or here, actually, this is a perfect, I kind of missed this in the intro. I wanted to talk about this. One of the key levels is Bitcoin broke above the, the monthly mega trend, uh, finally. And so it closed above the line. It's currently above the line now.

• 13:28Speaker 01

  And also remember, I talked about this last week, this Bressert oscillator. I was looking for the crossover. We got the crossover. So this is confirming that the, the resumption has continued. But where I'm going with that in terms of your answer is I had marked out that, you know, roughly around the October timeframe is likely when we're, we're likely to see this flip. And so I could say between now and October, for example, pick a time, October 1st, October 15th, the end of October, somewhere in that ballpark. And then, yeah, just schedule buys. You know, do it maybe every few days, every five days, every week, something like that. You can pick a number and then just say, divide that up into, divide that 10% up into those intervals.

• 14:09Speaker 01

  And so each interval, you allocate another X percent to it until you exhaust that, that timeframe. Now, that's, that's a good sort of starting point. Uh, I know a lot of people are going to start doing that. And as soon as they see it running, they're going to panic and they're going to be like, ah, I gotta get in. I'm going to miss the boat, you know?

• 14:31Speaker 00

  What's the hardest part? Cause you feel once, every time in crypto, even though we know, like we've been here for a while, we always, we know like what goes up is going to come down, it's going to correct. It's still hard when you're in that moment, once you see it running, to not think this is it before, you know, the moon, right? And then everyone just tries to pack everything in before that moon shot. And then more often than not, there ends up being another correction. They're like, ah, why didn't I wait? So it's easier said than done, right? But yeah.

• 15:01Speaker 01

  And it's much easier to DCA when stuff is chopping sideways and when it's running down. But when it starts ripping, you just, you get that, ah, I gotta get in, I'm going to miss it. So I don't know. I would say like, one thing to think about is if we do start meaningfully closing above this 83,000 level, like on a weekly basis, we're starting to close above it and really starting to run, maybe you want to hasten your, your schedule a little bit because that's the market saying, hey, we're, we're on, you know? But if we can, if we keep butting up against this as resistance, this level and coming back down, then I would say keep that DCA schedule going and just stick to it as best you can and go, go through it that way.

• 15:42Speaker 01

  So yeah, but good, good question for sure. So I wanted to look, um, let's see. Let me go back to the weekly here. What I wanted to talk about is, yeah, a lot of, a lot of things are chopping sideways. They broke through some key levels and they've kind of just done nothing since then. And, um, oh, that's what I wanted to say. Right now I'm looking at the big move, the moving averages, the, the 10 day moving average and the 20 day moving average. And I remember probably in the last show, that would have been right here. We were still waiting for the 10 day moving average to kind of catch up to price. And I was like, this looks good because Bitcoin, Bitcoin's just sort of moving sideways. It's not coming, it's not retracing and rolling over and coming back down to meet the moving average.

• 16:26Speaker 01

  Instead, it's just going sideways. Well, so we've gotten to the point now where the 10 has met up with it. And Bitcoin still is processing and is still consolidating, still going sideways. So at this point, now I'm looking at the 20 day moving average to see, well, I'd like to see it continue to at least go sideways until the 20 day catches up to it. And then maybe that's where we get the bounce. Maybe we needed to just do a full, proper, you know, 20 day mean reversion after this giant rally out of here in order to, to kind of consolidate this move and, and get the bounce. So that's what I'm looking for at the moment. For the ones that are moving sideways is the 20 day moving average to catch up to it. Uh, I'm looking at this, you know, this line right here, this red line. I want to see it kind of inch up and slowly catch up to it and price meet it there.

• 17:10Speaker 01

  If price comes down to it, that's less favorable. And so I'm going to go through a bunch of charts here that I keep hinting at, um, because there's a good handful. There's, let's see, one, two. There's probably 10 or so that are actually continuing higher, that are actually, they, they didn't stop here and consolidate sideways. In fact, they've kept running and some of them are pretty big. And so, uh, I'm like, wow, this is, this is actually really interesting to me and, and kind of exciting. So let's, uh, without further ado, I want to start with Solana. Now Solana, Solana's rolling over on the, on the daily at the moment, but on the weekly, if we look at it, here was the weekly close that it had, you know, from the big run up, continued much, much higher the next week and is way higher and is still higher.

• 17:55Speaker 01

  Yes, we're down this week on this Monday. I'm not, I'm not disputing that. But it's still, even with that down a few days, we're still well above the close from two weeks ago. So Solana is definitely showing a lot of outsized strength compared to the rest of the market. It's, it, I think it's, you know, it's one to keep an eye on. Another one that's doing very well, Uniswap. Uniswap looks better than Solana even still, like three solid weeks in a row. Here was the big week two weeks ago, continued run up, continued run up even further. So Uniswap right now is crushing it largely off the back of what's going on with Robinhood and the meme coin thing. Robinhood chain right now is moving big. There's a lot of memes going on there right now. It's catching a lot of attention.

• 18:37Speaker 01

  And Uniswap is a direct beneficiary of that because it's all happening primarily, all those liquidity pools are on Uniswap. And so uni is doing well. It's, it's generating a lot of fees and they're doing buybacks and burns and all, all the stuff. So if you're holding uni, you're, you're benefiting from, that's sort of a good way to get indirect exposure to that Robinhood meme coin, uh, theme that we have going on right now. So that's why Robinhood is moving. Um, another one that's really interesting to me that's moving well is Curve.

• 19:10Speaker 01

  Curve, you know, it had a, it did okay. It kind of faltered the follow, the first week, came back, retraced it a little bit, but has now ripped up and is now well higher than it was at the close two weeks ago. So Curve is continuing to do well. Curve is continuing to get a bid. I don't actually know directly why, what it's directly benefiting from. I haven't been paying enough attention to what the, what the story is there. But Curve is one that's like a big legacy DeFi token that's benefiting from a lot of the stuff. A lot of the stuff that's moving right now is DeFi related, and not surprisingly. But we have a few things in there, like Useless, another meme that also is just ripping. Memes, again, memes are doing well right now. The meme

• 19:51Speaker 01

  coin sector is doing well in general, and some of them are doing very well. So Useless is one. Another one is Monero, which kind of took me by surprise. Monero was interesting because it didn't really have a big massive week, that, that run-up. I mean, it had a big wick to the upside, but its actual candle body wasn't really anything special, but it's continued to just grind. I mean, the following week, higher than the previous wick before, and then currently this week, it's green on the week, it's green on the day, whereas a lot of stuff is correcting. Monero is just like, what? You know, like, it's just, I mean, it's just moving. So that's been interesting to see. And then going back on the DeFi theme, Radium is another one that, it's not, it's not going to the moon, but also had a big week, was just kind of flat the next week, and is,

• 20:36Speaker 01

  is moving higher this week. So Radium, again, DeFi, memes, all of it is benefiting there. Let's see, a few others that have stood out. Pancake is another one, again, continuing on with the memes and with the DeFi. Pancake's another one. Yes, it's down on the week, but it's, you know, up above the, the close. So there's, there's a lot that have to do with DeFi in particular, that either DeFi or memes. Oh, another one, actually, another one, real quick, that is part of that conversation too, is Arbitrum. That's also benefiting because Robinhood chain, a lot of the fees, or 10% of the fees, I think, are going to Arbitrum. So Arbitrum is benefiting

• 21:20Speaker 01

  by capturing fees from Robinhood transactions. So this is another way to benefit from the Robinhood theme right now. You can do it off of Uniswap, you can do it off of Arbitrum. You can also do it directly if you want to go down the rabbit hole and engage directly with some of the memes. Obviously, that's much, much higher risk, much more sort of degens, but if you want to play that, that sort of casino right now, there's a lot of action going on there. I know a couple of weeks ago, we touched on some of the charts, but since then, there's just been kind of an explosion of new memes coming online. There's new memes coming online with tie-ins directly to, like, corresponding tokenized TradFi, like, stocks, which I won't get too deep into, but there's, there's a lot going on there too. So it's pretty interesting, but it's catching a lot of

• 22:03Speaker 01

  the attention right now. And that's good, because that tells me that, like, that the degens are back, you know? And I think when the degens come back, that means fireworks happen, and we're starting to see the fireworks. So I'm starting to get excited, and usually that means continuation of uptrends. So I like what I'm seeing. I like what I'm seeing across the board, basically.

• 22:25Speaker 00

  Yeah, I mean, great pattern recognition, right? Because, I mean, we'll take it back to even 2021 days, NFTs, which is basically just the digital version of meme coins, right? That was leading up to that epic bull run that we got in 2021. Then, just what, when, in 2024, just before Trump took office, obviously, right? Bitcoin hit an all-time high, but leading up, right before that, it was meme coin season. And also, these types of things kind of predate, I guess, you know, that epic run-up that we're, we're tending to see. So the fact that this is coming back is a great sign, and

• 23:06Speaker 00

  that we're all here now, understanding that pattern, puts us in a really good position for when it actually comes, because we can get, we can get ahead of the game a little. That doesn't mean go chase the meme coins. I'm actually saying the opposite. Start going, building up your bags for the assets that you actually have conviction in, like the Solanas, like the Uniswaps and things like that. So yeah, great charts there, Chris.

• 23:30Speaker 01

  And notice, yeah, I want to point out that the stuff that's moving is a lot of the, the plumbing, you know, it's the DEXs, it's the DeFi protocols, it's even, in some cases, the, the Layer 1s or the Layer 2s, you know, in the case of Solana, in the case of Arbitrum. But note that a lot of this is coming from the, the Robinhood, I keep coming back to Robinhood. Robinhood is the thing right now, in this moment. It is what is driving a lot of these charts that I've gone through. Not all of them, but a fair, a fair amount of them have some indirect connection to what's going on on Robinhood. So keep that in mind. That likely will continue too, so.

• 24:06Speaker 00

  Another thing too, because you mentioned Aave and Uniswap, and obviously, we know Hyperliquid is doing, you know, they recently hit their all-time high, so they're doing well. So I can't help but draw a pattern to these ones that are doing particularly well, or the ones that have basically buyback and burns, and those, those, that value accrues to the token as opposed to the treasury, right? So can't help but notice that be, well, I don't know what that necessarily tells me. I mean, I do think that those are obviously, you know, that's a very big trend going into this next cycle. But yeah, really, really interesting coincidence there.

• 24:45Speaker 01

  Right, exactly, exactly.

• 24:48Speaker 00

  Not directly correlated, if you will, but anyway, as you were.

• 24:53Speaker 00

  Oh, real quick, while we're on this, because Karen just came in with a question on Hood. Won't Hood stock eventually benefit from all this degens action?

• 25:01Speaker 01

  Yes, you're absolutely right. Let's take a look at Robinhood stock. I mean, it's, it too is, it's doing well. So looking at it just from the same perspective, here was that same week right here. Robinhood stock did extremely well, but it's been bouncing, it's been in a nice uptrend really since the beginning of August. Had a little bit of a down week last week, but is up on the week this week, which is more than I can say for a decent number of stocks right now. So yeah, Robinhood stock is a great way to get exposure to it from that side of things, if you want. Perhaps one of the, the less degenny approaches too, I would say. Now, keep in mind, Robin, there's a lot more going on on Robinhood directly. So when you buy Robinhood stock, you're

• 25:45Speaker 01

  not directly participating in what's going on on the on-chain side of things, you know, and there's, Robinhood, like I said, Robinhood, they trade, they trade all kinds of stuff. So Robinhood is Robinhood stock. It's not the same thing. But it will benefit somewhat from the sentiment side of things. It will certainly benefit from the, just all of the activity that's happening, and I think that some of that will come back around to the stock directly. But, but yeah, good, good question for sure.

• 26:12Speaker 00

  While, while we're on the questions, I do want to take one more, because this, we missed this during the DCA questions I was asking, but this one comes from Midas Touch. Love the username. Would you save dry powder for Hype, Soul, ETH until we get through September or DCA now?

• 26:37Speaker 00

  Kind of similar to what I guess we were talking about, but just to give Midas a more direct.

• 26:43Speaker 01

  I don't know, that's tricky. I'm trying to figure out how to answer that without necessarily giving direct investment advice.

• 26:55Speaker 00

  You know, Midas, why don't you see the conversation we had about just if it's time to DCA? I think that will address your, your question, because the answer was in that as well, I believe.

• 27:09Speaker 01

  Yes, thank you. Yeah, that one was a little, that was, yeah. Anyway, a good question, though. I appreciate that. Okay, now I want to get on to the next section of charts I have, and these are the ones that are still holding up okay, but are just kind of grinding sideways. These are sort of the next tier down of assets that I would be focused on. And a lot of them, obviously, we, we are well familiar with Bitcoin being the primary one. Bitcoin isn't higher than that weekly close from a couple of weeks ago, but it's still just plodding sideways. It's not, I wouldn't say it's rolled over at all. It's just like, doing nothing. That's fine. I'm okay with that. I, I, I'll handle the sideways consolidation all day long. That's great. So these are still ones that I think would

• 27:52Speaker 01

  be considered showing strength, just by going sideways. So obviously Bitcoin being the big one, Ethereum, right there too, a little bit worse off than Bitcoin, but It2 is just kind of right there in the conversation. I don't like that it, it sort of got rejected off of its 200-week moving average, whereas Bitcoin is kind of above It's a bit here. So Ethereum, not as strong overall, but still just a very similar chart structure. So ETH is fine, Bitcoin is fine, Hyperliquid is another one that's right in there. It2 is just big run-up, and then just, again, nothing sideways. Looking a little bit better, actually, than I would say Bitcoin and

• 28:33Speaker 01

  Ethereum, in that it had its, it had its retracement, and it's kind of looking, it's back on the, on the bounce again. It's, it's green this week. It's down from its wick high, but it's still looking good. It's very close to the same level that it closed at two weeks ago. So Hype is showing solid strength. Venice also is in that same conversation, not as good as Hype, but again, just sideways. Looks fine. It's above its big moving averages. I like what Venice is doing. Moving on to some other DeFi names, Aerodrome is another one that is, it's, it's bordering on rolling over, but I'm going to call it sideways. There's probably some in the rolling over section that maybe look even

• 29:15Speaker 01

  a little better than this, that should be sideways too. But what I don't like about this is this massive, massive wick high up here, all the way up to 57 cents, and it came back down, and now it's down on the week. So maybe, maybe in the last little, in the hour or two, this looks a little worse than when I made this list, but Aerodrome is, it's kind of there or thereabouts. But another one that looks pretty strong is Athena, which has caught my eye, although it's jumping around big time too. But it had a massive rally off of that big week, came down a little bit, and then is just, again, sideways. So Athena is holding its level steady, which I, I like. It, it took me by surprise. I wasn't expecting this one to run nearly as much as it did, and I wasn't expecting it to hold

• 29:57Speaker 01

  nearly as well as it did. But it's, it's there. It's in the conversation. Also, I like that it broke above its big 200-week moving average, unlike, say, Ethereum, which is still below it. You know, Athena is well above it. So, and not only that, but those moving averages have pivoted and are back moving up to the upside now, and the 10 has crossed over the 20. So we're getting solid reversals of these big moving averages on, on some of these, and Athena's one of them. Zcash is another one that's, again, holding steady, holding flat, not really giving anything up. So I like Zcash. I got a couple more here. B and B also, it's there, it's holding steady.

• 30:39Speaker 01

  And then finally, Chainlink. Where is Chainlink? I'll just type it. My list is too big here.

• 30:52Speaker 01

  Finally, looking at Chainlink. Chainlink 2 is like, yeah, I mean, it's basically flat. So these are the next cohort. These are the ones that had the big gains, locked them in, consolidating, not really rolling over. I like what I'm seeing. So all of these, to me, would be strong candidates for DCAs as well. You know, the top list were the ones that were really firing. The second list are the ones that are consolidating their gains and not rolling over, waiting for those moving averages to catch up to them and looking for the bounce on the mean reversion kind of thing. And then the next list that we'll get into is going to be the ones that didn't fare as well, that are rolling over, that are maybe ones that you want to like shorten your leash on if you're holding them

• 31:35Speaker 01

  and, you know, start asking questions about why aren't these ones catching a bid? What's wrong with these ones? What makes these ones different than these first chunk that I've gone through? And, you know, start looking at them from that lens, so.

• 31:49Speaker 00

  Before we look at those, what changed with Chainlink? Because I know it wasn't a favorite on this show for a while, and rightfully so for that matter. But what has changed with them recently? I know they recently proposed reforms to their tokenomics, not live yet, but obviously that would certainly help it, but you know, it's not live yet. So what in fact has changed with Chainlink that, you know, that we're seeing this type of chart with it?

• 32:19Speaker 01

  Well, I mean, to be fair, it's not as good as it could be.

• 32:27Speaker 01

  But what it's, I mean, it is bottoming. It has bottomed with everything. Mainly, it's just kind of tracking with the rest of the market. And we know Chainlink is something that is very heavily used by lots of, you know, lots of protocols on lots of blockchains. It's pretty much everywhere within the crypto ecosystem, within the on-chain ecosystem. I think a lot of, you know, plus it's very much being used in a lot of tokenized assets that are coming on-chain, things like that. A lot of them have to, anything that's like tokenized stocks has to go through something like Chainlink to track its real-world price, you know? So I think we're just seeing massive, massive usage of Chainlink, of Chainlink's product coming into play.

• 33:10Speaker 01

  And in terms of the token, the token value, you're right. I don't know. I'm not as up to speed on that as perhaps I should be. And it's probably reasonable to say that a fair amount of this is just, you know, sort of speculative buying or kind of buying the memetics of Chainlink. You know, the idea being, well, Chainlink is going to be a project that is going to be huge because everybody has to use it. So that means it's got to be a good investment, right? You know, is kind of the logic that a lot of people adopt with it. And I've been critical of that logic, as you know, we both have over the years, because I've often said that Chainlink is a great technology, not necessarily a great investment. And over the long haul, that has proven out.

• 33:54Speaker 01

  But in the moment, it's showing outsized strength. It's actually, it's doing as well as everything else right now. It's tracking with the rest of the market. It is showing that relative strength against a lot of the rest of the crypto market. And so, I don't know, it remains to be seen how well this plays out. But right now, today, it's doing better than most things, is what I could say.

• 34:18Speaker 00

  Chainlink is a confusing one, for me at least, because, you know, on this show, we love picks and shovels, trades, right? That's, you know, what we love to talk about, and rightfully so. And Chainlink on paper is a perfect picks and shovel, right? It basically owns the RWA space. It is the oracle of oracles. Anything that's coming on-chain will be touched by Chainlink in some form or another, I would imagine. But it's just, you know, yeah, I'll leave it with what you said there. I just wanted to add that part.

• 34:50Speaker 01

  Yeah, yeah.

• 34:51Speaker 00

  Yes, let's take a look at maybe some of that third tier, maybe the ones that have some answering to do.

• 34:58Speaker 01

  So, yeah, and there's a lot of names in here that are familiar, that are often talked about, that are going to open some eyes and cause people to kind of sit up and take notice.

• 35:08Speaker 01

  So I'm going to start with Near. Near doesn't look as bad as some, but I mean, it basically gave back half of that movement on the next week. And it's kind of just been hovering around that close, that weekly low close from last week. It's still just kind of right around there. So Near is one that didn't really hold those gains, gave half of that back and is sitting at about halfway, at the halfway mark, give or take, right now.

• 35:40Speaker 01

  Let's see, another one, I don't think I have this on my list. Ave is another one. It didn't give back as much, but it's also similar price action. I mean, it gave back, what, maybe a quarter of it, give or take? And it's sort of just still hovering down in the lower regions of this last week's weekly close. So definitely not a continuation of the momentum. You know, it got rejected off of this big moving average cloud and it's just kind of like, you know, hit a brick wall and is just kind of stunned, basically, and is sitting there. So that's Ave. Another one, and this is going to be a tough one, but Sui. Sui gave back a good three quarters, three quarters of that move from last week or the week before

• 36:24Speaker 01

  and is also just sitting right there at those low levels. Kind of lost the big 10-week moving average that it had blown through. It kind of came back down, closed below it. It's still below it right now at the moment. So a bit, a bit hard luck on the Sui side. Tron's another one. Tron, actually, I don't know what happened with Tron, because Tron usually is a solid grinder. It had that great week along with everything else. And it just, not only did it give it back, but it like gave it back and then some. And it's almost, I mean, it's arguably rolling over even. So I don't really know what's going on over there, but yeah. Let's see, oh, XRP. XRP is another one that not a great look.

• 37:09Speaker 01

  I mean, it didn't give, it didn't give half of it back, but it had a red week last week and it's following, you know, a second red week in a row off the back of this big bounce. Now, it is holding this horizontal support level that it established a long time ago. It, you know, it broke back through that, came up, is now sitting sort of right at it. So if it can keep this level and bounce, I'll be okay with XRP. But obviously, two red weeks in a row off of those big gains is not something you want to see and is definitely not as good as most of the other charts that we've looked at already.

• 37:41Speaker 00

  I have a question while we're on XRP.

• 37:45Speaker 00

  At the risk of drawing the rage from the XRP army, what is, what's XRP's value prop now that Canton is around?

• 37:59Speaker 01

  Well, they're kind of, they're different things.

• 38:05Speaker 01

  The XRP token is primarily like a utility token to facilitate inter-bank transactions, like moving large chunks of liquidity from one bank to another. They can use the XRP token on the Ripple blockchain to facilitate these transactions. Whereas Canton is more like a private, siloed, secure blockchain for big banking companies to facilitate on-chain tokenized transactions. So you can like, there's all kinds of tokenized assets that run on Canton and big entities can, you know, make swaps, make transfers, do whatever,

• 38:46Speaker 01

  without knowing who their counterparty is, without knowing who's doing what or who's holding what where. You know, it's all siloed, it's all secured, it's all sort of zero-knowledge type situation. So it's kind of a different animal. It's like, I mean, Canton is more like a smart contract platform, like Ethereum is, where you can build out all kinds of stuff on it. It's just got unique security and privacy features built into its infrastructure so that you don't know who's who, but yet everybody is all like approved and KYC'd and all the nodes and all, you know, the validators are all approved so that, you know, so that they're OFAC compliant and things like that. So again, it's not quite apples to apples.

• 39:30Speaker 01

  Yeah, so, and though they still have, the tokens themselves are similar in that they're both generally utility tokens. Like in the case of Canton, you, as a validator or, you know, whatever, you get your yield in the form of Canton tokens that way. I'm sure that's the same on XRP, but XRP has a different function overall than the Canton token does. Speaking of Canton, though, Canton also is in that list. It had a big run-up and that we have two green, I'm sorry, two red ugly candles in a row. I don't really like that it kind of came right up to its 10-week moving average, got rejected pretty heavily and is down and then down again. So not a great look for Canton either. In fact, it was literally the next one on my list that I was going to say when you asked me that.

• 40:16Speaker 01

  So, but another one that was, I was a little disappointed to see that I was kind of rooting for, and I actually had added it to the model crypto portfolio, is Pump, pump.fun. Because it was just, I mean, it was ripping, like major, you know? In that week, it almost did a 2X alone. This was a 96% candle in this one week. Although I should have, I should have sort of known, like, yeah, a lot of these did well, but maybe they did 30, 40, 50%. Something that goes up 2X in a week, it's bound to give some of that back. So shame on me for jumping on that train a little bit. But I still, I still am a believer in what Pump's doing. They're still making a ton of money and it's still accruing back to the token holders. So this is more just like a bit of a technical correction

• 41:02Speaker 01

  from just being wildly overextended than it is like a fundamental reason. So I'm still bullish Pump, but yeah, I should have, I should have saw this coming for sure.

• 41:12Speaker 00

  I mean, if meme coin season is in effect, like it looks like it is, or it looks like the inklings of the beginning of it, or not even, or Robinhood's, you know, crushing it, Pump.fun is going to be just fine, right? That's the bread and butter of meme coins and people that want to create them. Pumped up fun is probably the first one they think of.

• 41:33Speaker 01

  Exactly. And, and, uh, and it's, it's got that Ansem tie in now with what he's doing. We kind of talked about a couple of weeks ago. Kind of real quick, looking at the Ansem token. Um, it also is, has given back a lot of that, but again, this is a brand new one. So with a low cap. So I'm not surprised on that, but, um, I, I think it's interesting to see that they're both down on the week. So we'll see, we'll see how that goes. But again, like, we know that that's going to be a thing. We're seeing a pop off on Robinhood. We know Ansem's not going anywhere. I, I'm bullish on all of this stuff right now. I think it just got a little over at skis, which again, isn't surprising. So. Um, kind of pivoting a little bit, looking at, uh, Bitensor. Bitensor also, you know,

• 42:14Speaker 01

  nice bump and then just give it back, give, gave back even more. So Bitensor's rolling over, um, very similar to a lot of these. Pengu was one I was a little bit bummed to see because also I've got a chunk of that in the model portfolio, but not terrible. I mean, even with two red weeks in a row, it's still, it's still more than halfway up from, from this big green candle from a couple of weeks ago. So it's, it's hanging in there. Um, you know, it's holding steady. Uh, next one, Rekt. Rekt gave most of it back. A little bummed to see that, but also it's, it's a low cap. So I'll, I'll kind of give it the benefit of the doubt.

• 42:51Speaker 01

  Jamming through these, let's see, there was, uh, oh, here we go. Gito. Gee, I don't know what happened with Gito. I'm still bullish on Gito with what's, what they're doing there and with their decks that they're coming out with. I don't know why the token just kind of fell through the floor here. Cause I mean, also it didn't really benefit much from the bounce. Here was the big bounce week, didn't really have much of a gain. It was only up four and a half percent on that big week and then just, you know, felt that the, kind of like Tron did, it just lost it, you know, um, very similar to what Tron was doing. So. Not sure what happened with Gito, but, uh, it needs to, it needs to show that the market, uh, has, is favoring it before I would, you know,

• 43:29Speaker 01

  look to get into anything there. Um, same thing with Aerodrome, kind of meh. I could have arguably put Aerodrome on the chopping sideways list, but whatever. Uh, and then a couple, a couple more here. Ondo, um, Ondo gave most of its, its move back. So Ondo, not a great look there. And then finally Morpho. Morpho gave a lot of it back, but is starting to bounce a little bit. Morpho still looks good to me though. Like, look at this uptrend that Morpho's in. Compared to a lot of other ones that we've looked at, like a lot of the coins, this is important because a lot of the coins we've looked at, their pattern was really, they've just kind of been, oops, they've been in just kind of this bottoming pattern and then they had a big run up.

• 44:10Speaker 01

  You know, and then they've corrected. Whereas Morpho has been largely in a, a nice uptrend for a while, since really February. And so I don't think that this should be faded. I think that Morpho is definitely something that warrants better consideration. Yeah, it didn't have a great, you know, recovery off the back of this candle, although this was a 45% candle. So, you know, maybe giving half of it back made a little bit of sense, but this uptrend is big and, and there's not a lot of assets right now that have these big moving averages moving in this kind of direction like this. So I think Morpho warrants, uh, some consideration, you know, warrants, uh, digging into it a little bit and, and seeing if it's, uh, kind of something that makes sense. So, so yeah.

• 44:56Speaker 00

  All right. I want to take this question from Pong. Any thoughts on Pons?

• 45:01Speaker 01

  Um, yeah, let's look at Pons.

• 45:11Speaker 01

  I mean, it continues to look really good. We've, we've talked about this a couple of times. Um, I mean, I don't, on the week, well, what did it do a couple of weeks ago? Let's see. So yeah, here, yes. Here was the week, obviously since that time, it's ripped, uh, another four, 415% last week. And then it's up another 24% today. But what did it do on that big week? It, it 2X that week, 112%, 4Xed. Man, what a, yeah, I mean.

• 45:43Speaker 00

  What a get. If you got in on that, congrats.

• 45:47Speaker 01

  I know. I, I, it's like, I would be reluctant to chase that at this point because it's, it's, you know, very overextended. Uh, let me kind of kick on some Bolger bands here. Yeah, it's been outside the bands that entire stretch. So. You're buying it at a, at a significant premium right now, if you bought it today. And, uh, you know, it's 20, 20 day moving average all the way back down here at 14 cents.

• 46:11Speaker 01

  Which is more than a 50% correction. So you're, you're really playing with fire if you try to chase this right now. It's wildly overextended. It's very much due a correction. Um, I mean, here was the D mark nine all the way back here. And it just faded it like two days later, it, it invalidated it and just kept ripping. Now on the, on the, on the combo and the sequential, it is only at a 10 and a six. So it's, you could argue it's maybe got a few more days left in the tank from, from that standpoint. But, um, boy, you're, you're, like I said, yeah, you're, you're really running, running some risk right here. If you, um, if you buy this right now.

• 46:53Speaker 00

  Right. Thanks for the question.

• 46:54Speaker 01

  DRV, that was another one. Yeah. I wanted to look at, so, um, let's look at this on the weekly too. Um, I was talking to Jamie Kutz the other day and he, he actually pointed this one out. So this is also a good one and this one looks really good. So here was the big week, um, right here. It's, yes, this, this, this would fit into the, uh, still doing very well category. You know, it, it had a subsequent really good week, the following week, a pretty decent WIC high though, and it's down, it's down since then. Um, but yeah, it's showing a lot of relative strength right now and it's been doing well. And it's been, you know, kind of since it corrected, since it sort of launched and

• 47:35Speaker 01

  established its market value, established its low way back here in April. It's pretty much been in a really solid uptrend since then. So, um, and like I said, Jamie has reported on this. Jamie has talked about this too. So go back and look at some of the stuff he's talked about, but this is a good one. I mean, it's, it's been in a well-established uptrend arguably since April and, uh, continues to look really good. And this is on the weekly timeframe, mind you. So this is, I think, a very good looking chart. Like I've got nothing bad to say about it. Other than it's a little overextended in the moment. Um, it is on the weekly timeframe, well outside of its bands even right now. So it, you know, it's, it's due a bit of a mean reversion also, but, um,

• 48:16Speaker 01

  it, yeah, it's, it's definitely in the conversation of one that is a solid looking chart over a long period of time.

• 48:23Speaker 00

  Uh, Sri also wants to know your thoughts on Galaxy.

• 48:27Speaker 01

  Um, yeah, let's look at Galaxy. I haven't looked at that in a minute.

• 48:37Speaker 01

  I mean, well, what do we got here?

• 48:41Speaker 01

  Like it's, it's doing well overall. Um, I mean, it's, it's, it's definitely bottomed out and, uh, you know, has, it's kind of reclaiming highs. And it's in an uptrend. It's in an uptrend on the weekly timeframe. This is this big kind of 200 week moving average cloud that it, it held us support this whole time and is bouncing. And now those two moving averages are pointed up and to the right. So it's established a big weekly uptrend, um, on the 200 week moving average level, which obviously is very strong. So. Yeah. I mean, it's kind of where it needs to be. I think it's going to move as crypto does. It's largely, largely intertwined with the crypto space. So.

• 49:25Speaker 01

  I think as long as crypto's in a bull market, we're likely to see Galaxy do well as well.

• 49:31Speaker 00

  Thank you Sri for the question. Uh, let's take this one here. What a name. Uh, from fetus junior. What do you think could be the next hype?

• 49:47Speaker 00

  I don't know necessarily what, what they mean by that, um, whether it's like the next, you know, because hype has had such a run up if they mean something like that, or the next like dex or exchange type token. Um, but yeah, your thoughts.

• 50:04Speaker 00

  I don't think it's gonna be Aster though, that's for sure.

• 50:07Speaker 01

  I agree. I don't think it's gonna be Aster, though to be fair, Aster actually, you know, has rebounded well, has continued, showed some continuation off the back of that. There's one that I've talked about that I'll circle back to, and I don't know, I mean, this is very much a guess. I have, to answer your question, I have no idea what's gonna be the next hype, you know? But, what I will say is, the product that the GTO is working on called JTX, they're building a new DEX that's gonna operate on the Solana, on the main Layer 1 Solana chain, that's going to be a competitor to Hyperliquid. It's gonna start out with just spot to begin with,

• 50:50Speaker 01

  and while they work kind of to make sure their liquidation engine works on the base chain without having sort of a siloed liquidation engine like a lot of these perp DEXs do, once they can establish that works, they're gonna migrate into trading perps live on it as well. The chain isn't live yet, it's in beta right now, so it's not, you can't buy the token, you can't trade on it. But, it is something that they are, their goal is to be a Hyperliquid competitor, once they come out and they go live and do that. And I've talked about this before, it'll be the first big sort of next-gen DEX with liquidations that runs on a Layer 1 blockchain, as opposed to a Layer 2,

• 51:32Speaker 01

  like Hyperliquid and Aster and all of these, all of these run on Layer 2s, and they benefit from that because they can have their own siloed transaction sort of, you know, space where all of their liquidation runs without getting cluttered with all of the other regular on-chain activities. So like people trading NFTs and meme coins and just doing regular transfers and trading on other DEXs, none of that is impacted by their liquidations, whereas with JTX, that's gonna be all on the same big chain and it's gonna be all competing for block space and time with all of the regular ongoing chain activity all at the same time. So it'll be interesting to see how that plays out. But, if it does well, it could be valuable as a GTO holder, as a Solana holder,

• 52:17Speaker 01

  and it remains to be seen. So, it's early days still, obviously, like I said, it's not even out yet. But, that's something that I'm kind of, is on my radar, that I'm looking for. Otherwise, yeah, I don't know, I mean, the market is gonna tell you, and my guess is as good as anybody's in terms of what that project is gonna be, that everybody latches on to, that becomes the next, you know, big thing. But yeah, look up JTX on, it's gonna be from the GTO team, do some AI research on it, or look at their website and see if you can, see where that's going and see if that looks like something that you might wanna keep on your radar for when they launch.

• 53:00Speaker 00

  Yeah, I think also, just to add to that, to add to Fidus Jr.'s question, I think hype is the next hype, honestly, I don't think it's stopped, I don't think, I think it has a lot more room to grow. Obviously, they're talking about making it legal in the US. I think they have, they're in talks with, I believe it's Kraken, to be kind of there, to kind of help bring them along to market in the US, and kind of be their partner in that front. So I mean, once all of that news hits, I mean, it's so bullish for hype, and I don't, I don't think that's necessarily priced in yet. So, I would also say, don't, just because hype has run a lot and we've just recently hit an all-time high, I'm not saying now is the best time to buy it,

• 53:44Speaker 00

  but I have always been DCA-ing and I don't think it's, I don't think we've seen its best days yet.

• 53:51Speaker 01

  I completely agree, yeah. I mean, even with the close, the big run that it had last week, it still set a second all-time high the following week, so last week it set another all-time high. This week, it's come close to it, it's waked up close to it, but it's not there. So, it's in price discovery still right now, as we speak basically, you know, more or less. And yeah, I completely agree Bijan, I think it's like,

• 54:16Speaker 01

  we're nowhere close, I think once it does go live in the US, we're gonna look at it, we're gonna see a whole different level of hype.

• 54:23Speaker 00

  Yeah, cuz I mean, like, I know people can use VPNs, but truth of the matter is a lot, most people likely aren't using that. Once it becomes legal, then that just opens up a whole, the richest market in the world to start using, using, and all the stories that they've heard about hype, perp trading, not to mention the institutions that can, you know, come on board now. I think sky's the limit for there.

• 54:49Speaker 01

  Well, okay. I was gonna say, and if they integrate with Kraken and sort of simplify the user experience a little bit, because frankly, it's a little, it's tricky to use if you're not a experienced, you know, crypto geek like we are, you know, like, I know a lot of people that have had a lot of trouble actually getting onto it and using it and trading it, and if they can simplify that and get it directly connected to a US audience, then yeah, I mean, boom.

• 55:20Speaker 00

  Yeah, absolutely. Lil Chipmunk, welcome back, wants to know your thoughts on Iron.

• 55:29Speaker 01

  Let's take a look.

• 55:36Speaker 01

  It's interesting with a lot of these, they're,

• 55:41Speaker 01

  you know, they're either like benefiting or not from Bitcoin mining, and then they're either benefiting or not from like AI compute, and they're pivoting back and forth, and I know Iron is kind of right in the mix with a lot of that. I think that they're actually, right now, being negatively impacted by the AI side of things. And that's sort of causing the price to be, you know, to just go sideways essentially. And it's really at the lows, at the lows in the sideways range that it's in right now, so. I don't know, it's tricky with these, with these miners slash AI compute providers.

• 56:19Speaker 01

  It's a tricky environment to invest in right now. I feel like it's something that is gonna move a lot from week to week, and it's something that you really have to be on top of. Like, if you wanna play this game with Iron and some of these other miners, you're gonna have to really just be following all the announcements, following all the trends, following what's going on on the AI side of things and on the crypto side of things. It's not really something I'd wanna do personally, like, I feel like there's easier ways to invest, you know? Like, it's just the difficulty factor, I think, is really high with these particular companies right now. So, that's, yeah, I mean, that's kind of my gut take on any of these miners slash AI compute providers right now.

• 57:04Speaker 00

  Alright, thanks for the question Lil Chipmunk.

• 57:08Speaker 00

  Alright, that puts us at time for today. Chris, any closing thoughts?

• 57:17Speaker 01

  I just, you know, things are a little bit tighter on the financial, on the macro side of things. My gut says we're probably gonna continue to chop a little bit still. I think, you know, I'm gonna come back to these moving averages on the daily timeframe, and so, I'm looking at the 20-day moving average here, and I wanna, you know, it's probably gonna take three or four or five days for it to kind of come up and meet price. And so we'll see what things look like there. Obviously, a lot of things are moving and a lot of things are shaky and a lot of things are tight right now macro-wise because of what's going on in a run. And so that needs, you know, we're sort of just at the whims of a lot of that right now. It's impacting rates, it's impacting, you know, bond yields.

• 58:00Speaker 01

  And so, expect just a little bit more boring price action, I feel like. You know, there's some exciting stuff in the meme coin sector, like if you wanna de-gen out, but in terms of just like, kind of stacking and building up your base and DCA-ing and stuff like that, like I said, my gut says we kind of just chop for maybe another week or two, really, is what I think.

• 58:22Speaker 00

  Alright, thanks everyone for tuning in, this has been another edition of Trading the Markets. We will be back next week, and until then, don't fuck this up. Have a great week, everyone.