Transcription
Lunatics, for the past two years, I've been telling you exactly where Terra Luna Classic is going based on the chart analysis. I've been telling you exactly what it's going to do based on that same chart analysis. And now I'm going to keep going and tell you what's about to happen next.
By the way, if you followed me and you thought that I was faking you out the last couple times, I told you exactly where it was going to go. Telling you exactly where it's going to be. Doubt me, hate me, you're the inspiration I need. Make sure you hit that like button on the way in. Leave a comment down below and let me know. Um, have I been wrong? And by the way, if you're saying that, oh, you said it was going to a dollar, you said it was going to a penny, you said it was going to a dime or something like that, that's engagement farming. I'm telling you exactly where it's going now.
All right, guys. So, to simplify this down, we got this crazy spike, which I want to illustrate for you. The crazy spike was based on Ducoin being in the news. Was based on Ian wearing Ian Allison wearing that Terra Luna Classic shirt on stage that caused a crazy sort of run all the way up to 408 at which point it started to collapse back down. We got what I tell you guys is going to happen every single time. We got the move up. We got the test back down in this golden zone. We got a test back up to the 236. Then we had a deeper cut right here. Now, for days, I've been telling you that we're going to have a deeper cut. Now, what I told you was most likely we were going to come down into this range, but there was a a few hours here where we were really kind of trending in this range right here. That was in the anticipation that Ducoin was somehow going to get a last minute pardon or something like that. And then instead of some kind of last minute pardon, uh, Ducoin was sentenced to 15 years. And by the way, he everything got dumped before that news and then we just continued to trend back to the downside.
What that meant for you, it's very simple. It means that the traders, the people who trade, the people who come in here and they're just looking to flip it for that big pump that are trying to get into this little range here, uh they made their money. They made a. And by the way, you zoom out here and you look at it from this range we were trading in at around 4028. Uh you can see here that a lot of people made 3x 4x times their money if they entered in this range. So this was an opportunity and some people took advantage of it and they made quite a bit off of it. So now that that's done, they've moved on.
So what does that mean? Well, the question now is can we get back into that zone? Now you'll notice the little yellow over here where I told you I think that that's where we're going to right next. That's uh that's the next move in my opinion. Most of that is based upon uh the fact that you know this is where that 50 MA is right there that yellow line that I'm giving you up here. Uh the reason that that was circled right there is because I think we're going to meet that and then we're going to bounce off of that. Now question is will the market allow us to go up? And there's some very technical things here. Here's what I want to say. Most likely we're going down. The reason that I say we're going down is this. In uh Japan they're about to raise interest rates. that is usually followed by a dump in the crypto markets, which means that most likely we're going to have some kind of dump in the market. Now, today you're not seeing it. Uh, in fact, we're up $36 billion on the day so far as I record this. I don't know that that's going to maintain US market. Remember, at 10:00, Jane Street uh does their scamming and manipulation event every single Monday. So, uh we're going to see how that works out. And also, don't forget that Wintermute is out there. Uh, and listen, there's a lot of people right now who find buying Bitcoin in this range right now very attractive. Now, ask yourself this. Why do they think that's attractive? Well, because they think the price is going to go way up.
So, let's put a pin in this. And let me just say that I think that we're going down a little bit more. We're going to bounce off of this uh 37 range right here. And then I think we're going to have a strong reversal here because I also think that Ducoin's going to end up getting pardoned. Now, the volume's back down to 47 million. So, the the the excitement is over. Uh we're back down to 14 million on USC. The excitement is over. 1.4 billion has been burned over the last 7 days. But let's take a quick look at this. You know, we saw these massive burns that we had. But look, in the last 3 days, 335 million, 233 million, and then yesterday 108 million. So, there's still a significant amount of burn happening, which means that there's still a significant amount of trade volume happening. So maybe we'll see some some really good burns at the beginning of this month from Binance, but uh you know, looking down here, we're not seeing the same kind of excitement. We're not seeing the same kind of craziness there. Um it's dying down right now. So now that it's dying down, what happens next? And by the way, for today so far, it's only 7 million, but that's only because I'm recording this the night before because I want to give you guys uh I want to make sure this content is ready for you early in the morning.
Before we go any further, terracasino.io, IO. I gave away $50 on Friday. Want to give another 50 away on Monday. So, if you could uh sign up for Terra Casino, get yourself ready. And by the way, don't forget the free rolls at every Sunday at 20:30 uh Greenwich Meantime plus 1. It's a great opportunity for you to get free money. So, uh sign up there. Terraport. Finance if you want to do any memecoin trading or utility coin trading. Again, I recommend that you have some Whiso, that you have some Jurus, that you have some Garuda X. There are plenty of other ones, but those three right now I think are going to do really fantastic when we get to the actual altcoin season, which we will still have an all season. Now, volumewise on Sunday, there's no never really any kind of volume to speak of. So, volume everywhere kind of down.
Okay, so upgrade to 3.6.1 is going to pass. It's reached the past threshold. So, uh, we're going to see a significant, I think, boost from what I understand to, uh, trading, uh, w with with 3.6.1, a lot more security. Uh, but it's going to fix some of the problems that came out from 3.6.0. So, um, I'm waiting to see what happens there. Maybe we'll we'll have some some interesting developments there. I think there might be a development with weeks coming. So, I'll let you know if that happens. Also, that's going to be a good offramp for you guys. Uh so as well, Lunk Forex Genesis and EUTC Repe.
Now, listen, uh you're going to have to read through this and decide for yourself if this is something that uh you're into. Uh so far, we've got CZ, Binance, no with Veto. We've got nobody else except there a bunch of yeses here. Now, this came out uh about 24 hours ago. So far, it's in the yes, but begin development of collateralized stable coin module test and oracle integration. Development is done for free. new prop will be put up for liquidity investment after they've completed what they're doing here. And the whole idea here is for those you don't understand what forex is, that means foreign currency. And what we're looking to do is work on uh allowing foreign currency to be exchanged over here. Now, for those of you that don't know, I was with a project called Definity for a while, and Definity was a forex exchange. They were doing hundreds of millions of dollars worth of volume every single month. it was a quote unquote cash cow for their ecosystem. So, there's a real possibility that this is a great idea. I'm not saying that you should vote yes. I'm saying that you should decide for yourself whether or not you you want something like this to happen, but it it it to me seems like a really interesting proposal and a really interesting concept and idea, but I suggest that you read through it and figure out. Now, you'll notice that it's in discourse at Lunk Goblins. It's not um where it's supposed to be. I guess the Agora now for for discussion, but I don't think that really matters. Remember that the Agora is now the official place. So that's for you. Jesus is Lord. That's for you, Greenpeace. Um what are you going to do?
All right. So validators, uh we've now seen a massive move in the last seven days. Uh we saw Dutch lunk. I'm not sure exactly what's going on with this. I really really don't know. Um, I I think this is Allstake, the the auto stake one that we were uh talking about before. Maybe they just like rebranded or something like that. But they have just a ton of I don't even know what's going on here at this point, but um I'm interested to see, you know, what what happens here. All notes down 16 billion as people move over into it. Um I really not sure again what's going on here. Saw four billion leave uh Greenpeace, four billion leave Orion. uh KCoin and Lunklive have been the benefactors of that. So, um just I'm I'm I'm really interested to see exactly what is going on right there. You can see there's been some movement around here. Uh just again, I just I don't know. I think that used to be auto stake, so I I don't know um what's going on there. I I'll be watching that one. I'll let you know if something changes.
In the meantime, it's not financial advice. I'm always right. Thank you so much for tuning in and we'll talk to you again very soon.