Transcription
All right. So, today the majority of the altcoin market is red, as you can see in front of you. And this was largely triggered by a very public spat which is currently happening between two of the most powerful men in the world, Donald Trump and Elon Musk.
This is Spooked Markets, and today I want to discuss what I think ends up eventuating from this spat and what I am seeing on the charts that is dictating how I am currently playing these conditions. I did make some big moves over the last 24 hours. One of them might be a bit controversial, that we'll discuss later in the video, but I did so for good reason. And, uh, the main objective of today's video, as well to update you on what I'm doing, is also going to be helping you navigate this next little period in crypto. We're going to look at the seasonality for the summer months. We're going to look at some of the altcoin high time frame setups that I really think you should be setting limit orders for, uh, so you feel prepared going into this next little period in crypto.
So, if you enjoy content like this where I keep you up to date with the latest developments in the crypto market, make sure to smash that subscribe button, smash a like button, and hit that post notification bell so you don't miss a video. This weekend, I think I've got one of my best videos that I've ever made releasing. That's a video on the exact trigger for alt season. I know a lot of people are asking, "When's alt season going to start? What conditions could potentially trigger an alt season? Are we ever going to get an alt season? What what would it look like this time versus prior cycles?" What I did is I built an AI model using ChachBT over two weeks back testing the previous altcoin cycles and inputting data from the new cycle to get an exact index which shows you the exact trigger for altcoin season and when you can expect it to happen. That's going to be this weekend. I really, really think it's a banger. So notification bell on so you don't miss that. But, uh, today we also have a lot of stuff to talk about. I'm mostly going to talk about the slightly lower time frame, uh, Elon versus Trump's spat, and then we're going to get into my strategy and what I've actually done as a result of it.
So, you can see that Elon has been going against Trump on X. He made a big bomb about Trump in the Epstein files saying, "Mark this post for the future. The truth will come out." There's a bit of a spat, a bit of an ego spat between the two. Lucky points out here, Elon and Trump's ego clashing was a bit of an inevitability. Elon digging up old tweets, pinning them was a little harder to predict. So, he's going back to things Trump has said in 2013 and, uh, and basically saying that he's contradicting himself in a roundabout way. Seems to have got a bit messy real quick between the pair. And as a result of this, we did see the, uh, stock market drop 1% overnight and Bitcoin wicked down from 104 into that key 100K level that we've been speaking about over the past couple of weeks. I do have an update, uh, from Paradise in the Discord that I want to show you in a minute here because it has triggered some of his setups which we need to speak about. Trump retaliated against Elon saying that Elon's gone crazy after losing the EV mandate. Elon came back online saying that that was all part of his plan anyway. And then Trump did put out a post on Truth Social which did soften things just a little bit for the time being. We did see as a result Tesla's market cap went back under $1 trillion with about 100 billion in value being wiped out today. I don't think this contagion will spread to too many of the other majors in the market. Of course, it is weak for Tesla as his relationship with Trump caused a massive pump. So, some of that is being unwinded in the market right now. But unlike a major sell-the-news event on Nvidia, I don't think, uh, Tesla has the power here to drag down markets too much. So, I wouldn't be too worried about contagion there. Although, it's obviously a pretty bad day for Tesla holders.
I actually, not financial advice, am bullish on Tesla longer term, especially due to their creation of humanoid robotics. I think they're going to have a massive say on the future of that industry and have some of the leading tech there. And my personal thesis is that we see robotics start to be integrated in our daily lives within the next decade, possibly even sooner than that in some industries. And Tesla is one of the only investable proxies for that apart from, you know, the pick and shovels, uh, like the hardware, you know, the chips Nvidia. I think Tesla is in that basket, so it's one that I'm personally DCAing into over time because I think, uh, I think the prospects of strong performance as robotics starts to proliferate more in the world in commercial and, uh, residential use cases, I think that potential is quite high. Um, I've also got a video coming out very soon on, uh, another AI ecosystem that I think is going to be, you know, a key factor as this world continues to change and develop. So, um, yeah, that's been a rabbit hole I've been going down, which has been pretty insane. That that video will be coming out probably next week. So, as usual, post notification bell on.
I like this post here from Plur Daddy. They kind of give a take on this Elon Trump situation saying, "Market sold off thinking that Elon Trump fracture means Trump loses his propaganda arm on X and has a worse chance of passing his tax bill, holding majorities in midterms and then winning versus DS in 2028. Reality is this weakening of Trump narrows his ability to drive unpopular policies such as tariffs that create unwanted volatility for markets. It instills discipline on him to pursue his agenda through angles popular with the public as he has lost his tool of influence over them. If anything, it makes it more likely he pushes towards greater fiscal spending and giveaways since that is what people want. Now there is no one within the administration calling for fiscal restraint. It will be a losing internal position to be aligned with Elon in any way. So the tides will turn even more towards fiscal spending." And I think this is something Elon doesn't like, uh, the fact that, you know, they haven't made as big of a dent into the budget deficit and that they, you know, continue to print, uh, spend too much money, potentially going to have to print more money to finance this debt, and Trump, I mean it's pretty clear, uh, you know, whenever he's come out and done something really rash like tariffs, it ends up getting resolved in some way, and the reason I think this is the case is because he still does have an eye on the markets. I think, you know, he views the markets probably as a vanity metric and wants to see them do well and, um, even for him the short-term pain of what America probably needs to go through is too great, especially given his current political standing.
So, uh, I do agree with this take that the tides will turn even more towards fiscal spending. And this is part of my longer-term thesis as to why I think Bitcoin hits a new high later in the year. I do want to touch on that quickly. If you guys have been watching my content for a matter of months now, uh, basically for the last few months and even late last year, I had this thesis that I still stick to today that Bitcoin is going to hit a new high later in the year. Now, over the past few weeks, a lot of people were calling for a new Bitcoin all-time high. People thought in May Bitcoin could hit 12130K. If that had happened, I think that would have been an invalidation for my thesis because the blowoff top would have happened too quickly. But the fact that we are now consolidating a little bit above 100K and are taking our time with this next breakout actually is a good thing because Bitcoin needs periods of compression in order to have bigger expansion to the upside. So my theory was that, you know, we would have a chopish summer, a bit of a slower summer, and then rally into Q3 to, uh, Q4, front-running the beginning of next year, and that will also probably align with the monetary cycle that we're also seeing with M2 increasing. And nothing has actually changed my thesis there. In fact, this little cool down/consolidation has actually only validated that in my opinion, uh, that my thesis hasn't been invalidated.
So, bit of an update for you guys that watch my video when Bitcoin was 75K, uh, and it was testing that key weekly, uh, moving average here. You know, I said I was buying Bitcoin aggressively at that level. I said I was making my biggest Bitcoin buys pretty much ever. And my whole thesis then was that later in the year we would see more fiscal spending, looser monetary policy, more rate cuts, which would lead to economic expansion, especially on the Bitcoin side. Uh, and that I think is only being highlighted from this Elon Trump thing. So although I think this in the short term does put a bit more, uh, negative sentiment in the market, especially with it all over our X feeds, it does make people a little bit more risk-off in the short term. And although I think summer, you know, will still be choppy, that's still in line with my longer-term thesis, which has not changed. And we're going to speak about some of the high time frame levels that we can look to, uh, accumulate some of the top altcoins in, in the market in just a minute here so you're actually prepared for when this expansion happens. So just wanted to comment on that and give people, you know, a bit of a higher time frame update today as it's been, uh, a couple of weeks since I last did that.
Um, now this going back onto the lower time frames, this dip into 100K. This isn't something that should be new to you because this is something I spoke about in depth a few days ago with Paradise. We said, um, you know, the market would eventually, you know, reach new highs but there was a dip that was going to come first, and we spoke about at length this key 100k, uh, pocket on Bitcoin. This is also a thesis that we went over in, uh, the live stream that I did with him even before that and has been one that we've spoken a lot about in the Discord. So, anyone that has been, uh, following us knows that, you know, we said that the likelihood of 100K was probably higher than new all-time highs, and for that reason, we didn't want to go too risk-on, and we actually did see that level get tapped. Uh, so, you know, well done to everyone that's been watching the shows and paying attention to the channel. We've pretty much been spot on there. And Paradise did an update this morning, which I think is relevant to everyone here. He said he's been mapping the weekly, uh, fair value gap around 100K for nearly 2 weeks now. We finally saw the price tap into that level overnight, lining up with scenario 3 shared above. Hopefully that ongoing commentary helped some of you avoid getting chopped up in early longs and stay patient for a cleaner opportunity in the market. That sweep came with a strong delta and liquidation spike, but no clear divergences yet, even on the lower time frames. For my system, I'd need to see price come back down, take out the local low, and print M30 or H1 divergences on RSI and AO before considering any move up as valid. That's a very important point on the lower time frames, which we will touch on shortly.
Also worth noticing the broader context. The market reacted sharply to the public's spat between Trump and Elon with both Bitcoin and Tesla selling off immediately. It highlights how sensitive sentiment is to headline risk right now. If we get a sudden "we're all good" narrative, that could provide a short-term tailwind. But that seems unlikely given the nature of the accusations. Elon declaring that Trump is on Epstein's private list. At the moment, price is testing the 101.6K local resistance. It's bounced slightly. It's bounced slightly since then, except it's above that zone would open the door to a potential FVG fill into 104, which is also something, um, he predicted cuz that is exactly what we got roughly 30 minutes ago. This update was posted a few hours ago. So that's what's happened. We've filled that zone. If that plays out, short-term conditions for alts should be good. And we've also seen a slight bounce over the last couple of hours, as you can see here from that initial sell-off, especially in high betas that have shown strength recently. Also something that we've seen in the market.
So, I want to say thanks to Paradise for, uh, being kind of a north star in this market, especially if you've been watching the streams with him or, you know, you've been in the Discord. He, he's really, really nailed it and has just has a great feel not only for the technical side of things but also intuition in terms of trading and, uh, price action. It's funny because in the short term these, you know, Trump spats or Trump tariffs or these headlines, they tend to actually mark, uh, local lows in the market or, or tend to be, um, you know, events that actually cause, uh, rallies after the initial headlines actually break. And you know, we keep seeing this. The taco trade is a tongue-in-cheek term adopted by some analysts and commentators describing how markets tumble on Trump's threats only to rebound when he relents. So, this is almost a tradable event. And last night during that dip, it was also a short-term, uh, tradable event. But look, I don't want to get too, uh, caught up in the super low time frames because the market is still pretty unresolved. And if you do go into the daily and weekly, it to me just looks like, um, potentially another lower high coming in. And I still think there is a chance, as Paradise pointed out, that we actually come down and, uh, have another, you know, retest because we didn't, uh, fully line up with the system because we need to see the local low be technically taken out and see some divergences on the 30-minute or 1-hour on RSI and AO before considering any up move is valid. So this could be impulse into 104. Um, but then again, there's always a chance we come back down to 100. And that probably is my, uh, base case right now or the more probabilistic outcome versus reattempting all-time highs right away.
So, what can you do in this event? I think the no-brainer thing to do, if you haven't already, is start to set limit orders on high time frame strong altcoins. I did a video yesterday, which I recommend you watch, which goes through the altcoins that I will, uh, that I think will be strong for summer 2025 on a relative basis. And these are the kind of altcoins that are, you know, related to Ethereum, are related to the stablecoin narrative, which is really strong, DeFi, RWA. I think right now this is the strongest narrative in the market. So, a lot of my high time frame, heavier limit orders are focused around the top utility protocols in the space. Just to recap a few and give you some levels today. Although Paradise and I did chart these for like 25 minutes yesterday. So, I recommend you watch that if you did miss the video for the exact entries because he's a much better trader than I am. But on Syrup, I'm looking at this level. Look, we probably won't get there. This actually even may be, um, if we hold above this zone on the 4-hour hourly be a mid-range, uh, pivot point to actually target range high. That's a lower time frame trade I'll probably take. But in terms of high time frame limit orders, it's a no-brainer to try and set one around 32. You have clear inval below. Uh, we've tested it twice. Yes, it would be a break of trend on the lower time frame. That's one trade setup. But, uh, the, the more interesting higher time frame setup I think is actually being able to accumulate in the low 30s. That's if Bitcoin did come back down and retest 100K. We always want to be prepared for that eventuality. And if Bitcoin goes down and tests 100K from this level, it's, it's another 4% down. If you look at the Syrup chart from, um, the mid-range zone to the bottom zone, it's roughly 17%, probably a little bit heavy-handed for a clean 100k retest. But what often does happen with Bitcoin retests, as you could see, you know, times prior, it'll actually wick below before impulsing back up and reclaiming. So, you know, we could see a scenario where we wick back down, maybe fill 97 to 98, then come back up again. If that happens, you want to have some limit orders set cuz that's where you have genuine potential and you can frontrun it slightly of maybe getting a Syrup fill closer in this zone. And of course, you can set multiple ladder limit orders. I always recommend doing this especially heading into summer where, you know, volatility is typically down. Um, we're going to discuss that in a couple of minutes here and things are typically a bit choppy to be, uh, you know, able to set these orders and just sit back is quite a nice thing because if my thesis is correct and it hasn't been invalidated yet, if we do see a bigger rally later in the year and my video on the weekend is going to tell you exactly when that can occur based on the, the AI model that I've created, uh, then you want to be able to get some nice fills, right? So that's part of the plan.
On Grass as well, uh, similar story to Syrup. Your level is a $140. Look, it might not get down there. You can play the low time frame reclaim, and that's something I'll probably do on the low time frame, but you know, you've got to differentiate your ideas from your investing and your trading. You know, one is a bit shorter term, one is a bit longer term. Look, technically, even investing in crypto is a trade, right? Apart from Bitcoin, pretty much everything is a trade because you're often looking to go back into Bitcoin or USDT at some point, apart from, you know, maybe three or four tokens in the market. But just having that differentiation between, look, I'm willing to trade, you know, Grass here. Uh, it looks good on a mid-range flip, but then I've also got higher time frame orders set for the lows. I think this is something people mess up a lot in crypto, and I see creators, you know, getting hated on, even myself at times, like, you know, "You said you were bullish on Solana long-term, you put it in your long-term portfolio, and now you're saying SOL's cooked." Well, it's entirely possible to be bullish on an asset long-term and bearish on an asset relative to the rest of the market short term. Like right now, I think SOL's going to go through a little bit of a period of weakness. I still hold some long-term. I still think long-term it'll do really well. In fact, I have a level on Solana that I'd love to bid. I'd love to bid the $120 zone. However, I think in the short term there's a genuine chance we get back down there. So, why would I be balls to the wall long Solana? So, you have to differentiate your ideas in the market between short-term and long-term. Just like it's possible to think Bitcoin's going to hit 150K, but also be bearish in the short term and think we might get a 98 to 100K sweep. They aren't mutually exclusive. Um, they're just based on different time frames. And I think the best traders in the market, they always do a great job of differentiating every single trade across different time frames. And yes, you can have a singular asset where you have a trade on a lower time frame and a trade on a higher time frame open at once. You could be trading, you know, Grass on the day on the 4-hourly or the 1-hourly chart whilst also thinking that eventually maybe it'll sweep the lows and have a high time frame limit order cuz you want to catch the short-term impulse move to the upside whilst having exposure to a nice long-term entry. They're just on different time frames. So, keep that in mind. Crypto is not black and white. There's a lot of nuance, and I'm going to say something maybe slightly controversial in a few minutes, um, to do with, you know, my positioning in the altcoin market, but, uh, I think with that context it'll make a lot more sense. Uh, but going through the final chart here, Hyperliquid, I think any dip into the money noodle $30 or even this range high retest would be a great, uh, level to accumulate. It's a coin I'm, I'm bullish on long-term. So
Go watch yesterday's video for the full list. But those are a few coins that I'm looking at setting high time frame limit orders for.
That is something that I want to have over summer because summer typically, you know, is a weaker period in the market. You can see here on this index that the June, July, August periods typically underperform the Q3, Q4 periods. As Dan Crypto uh trade says here, seasonality is never something to solely base your decisions out of, but it can work out well. Many investors are watching the same thing after all. And this tends to create a self-fulfilling prophecy, which is also why I think um the Q3 rally may actually start at the end of summer, um because the market starts to actually frontr run that narrative. So being a little bit uh further ahead and and advanced is, you know, one way to beat the market or be earlier to a trend shift. What you want to be looking at is for divergences and trend shifts on the lower time frame, which of course I'll keep you updated on. And as Tyler points out, May 2025 volatility hit its lowest level since October 2023. June is now dropping and will likely fall below May.
So, what typically happens over summer, and I don't think this summer will be entirely different, is liquidity tends to dry up and volume tends to dry up because a lot of the big traders go away on holiday. A lot of people are scared to position massively, and the market just tends to be less interesting in terms of the news cycle. And that's happened pretty much every year. Of course, if there's a big headline, it could change this year, but my my base case is that it won't. And although seasonality, as Dan says, doesn't always repeat, it can be, you know, a valuable tool to keep in mind. And I think balance probabilities, we see a choppier/ slower summer. It doesn't mean there can't be opportunities. It doesn't mean, you know, there won't be upside at times or downside at times. It just means it's slower. That typically does happen. Um, make sure you do stay tuned for my video on the weekend cuz it's going to tell you the exact signal that you need to look out for for altcoins here.
Now, I want to discuss something a bit controversial. If summer is going to be lower liquidity, if we're going to potentially see some chop u across the market, then there is a strategy that you can implement. Now, it's something I'm doing, but it really depends on a how advanced you are as an investor, and two, how much capital you're playing with and what your strategy is. This is hedging. Now, a lot of people think that you need to be directionally naked long at all times. So, just as I said before, you know, it's possible to be bearish on an altcoin shortterm, but bullish longer term. You can also be uh bullish on the market longer term and bearish in the shorter term or wary against protecting your positioning in the shorter term.
Let me give you an example. Let's say you have a bunch of altcoins. Let's say you're an absolute dgen. You have a bunch of illquid altcoins all across the market. Your plan with those alts, because they might not respect TA as well as the centralized exchange alts might be to just accumulate and stack as many tokens as possible because you know eventually they'll run. You don't know when they'll run, but you think at some point they'll run. And selling off those tokens to protect against further downside or volatility is very difficult due to liquidity constraints. So in that case, if you want to protect against downside instead of selling those assets, you can actually just hedge an altcoin index or hedge a basket of altcoins by shorting the pers against your overall exposure. So you might still be net long in the market, but you might soften your aggressive exposure to the market by opening a short. Now, this is what you call hedging, and it's something that the the best investment manager across the world do. Like pretty much every single rich mentor or investor or fund that I talk to, they are not directly naked long for much of the year. They might only be very like aggressively long for periods and then other periods they'll hedge their exposure. Now, just holding stable coins or holding 20 to 30% cash is a hedge and that's something that I do. I'm actually a bit higher right now. I'm 40 to 50%, because I I've just tried to shift a little bit more into stables whenever I can so I have the opportunities and liquidity to buy back into the market if we do wick lower.
So that is one form of hedging. But something else you can do and something I'm doing at the moment is actually hedging uh using per and derivatives. So I'll get into the distinction um sorry and options on derbit. I I'll give you the distinction between those two options now. So the first thing you can do is look to short weaker assets on Binance. Now, I'm not saying you need to be bearish on the market. You might have the thesis that, okay, we're going to be strong into the end of the year, but, you know, I'm expecting potentially some more downside in the meantime. Look, I don't want to go all out of my long-term portfolio, but I just want a bit of protection against downside because if there's downside, at least I can make money um on the short, close some of those positions, and then roll it into high time frame levels. If we do come down and test them on alts that I'm bullish on, then it might actually make sense to pick a basket of weaker assets in the market and short them.
Now, you have to keep in mind you're going to pay funding here. You have to keep in mind um and you have to do the calculations. Chad GBT is actually great for this. I highly recommend it. I'm going to go through the the the exact prompt for this in a couple of minutes. Um but you can basically take the weakest coins in the market and use this to protect against your your longerterm spot positions. Now, um yeah, in terms of funding, Ted will work out uh how much it's going to cost based on current funding. You can look at funding rates on Vell to get the live data. You can also see the hourly interest here. Um, you know, it does oscillate, but you know, right now funding is negative across a lot of alts because that we're in a slight lower term downtrend. So, you're actually paying to be short. So, you have to factor that in. You don't want to pay a bunch of funding, which is why you don't want to be net short or hedged for the entire year. But, if it's just for a couple of months over summer, you can generally afford to do it as long as the market isn't absolutely tanking. In that case, you'll actually make money on the shorts anyway, which will offset the fees. So, I don't think it's a huge problem. Um, and then in a minute I'm also going to get into options, uh, call options or in this case, uh, put options, which can protect against, uh, the crazy funding rates that you pay and give you exposure to basically the same idea, but it's just another option for you and you have to treat it a little bit differently.
So, you know, you got to work out, okay, what alts look weak. Now, I think soul ETH is about to break down. I know it's at support, but it does look quite weak as an overall high time frame pattern. So you instead of you know shorting ETH which is typically the old coin you'll short um and and you know had been the best one pretty much this entire cycle uh if you wanted to hedge I think it looks a bit stronger than soul structurally. So maybe soul would be the one if I wanted to hedge and and pick a basket of alts, I'd pick that. But what you can also do is you can just take some of the weakest coins in the market. Now L2s and and you know narratives that aren't hot like things like arbitrum, these sort of coins, the these are typically and you got to watch out with funding with these coins, but these are typically the best ones to use as hedges. Like if you just scroll through here, it's pretty clear the coins that aren't going to pump. Um like you know, I'm not that bullish, especially shorter term on things like Kadano, things that have just shown technical weakness. These are typically the best ones. Like even NEO protocol has looked weak. Like anything that's in a downtrend. Um you could basically take a basket. So let's say you know you have a $100,000 old coin portfolio. You want to hedge on like a 2x um or or even you know you can go lower than that on some exchange like a 1x you you you know you might put $10,000 $20,000 of your stable coins to hedge against 100k into a basket of five assets. You know ADA, Salana, Avac, two other assets you're not bullish on. put 2K each. That would be an example of hedging.
Now, what I recommend doing is going on to chat GPT and uh this is a great exercise. I like the 03 model for this and putting in a prompt like this. Help me come up with a hedging plan to mitigate against summer downsides/ chop for my altcoin portfolio. Ask me a series of questions to better tailor your advice to my situation and beliefs. And it asks you for a bunch of questions. Um you can send it your portfolio, just screenshots, fine. Give it the allocations. What's your net worth? your portfolio size, your risk tolerance, um the time horizon, you know, when you expect the market to be weak, what's the acceptable uh window for this? What's your base case view? Are you bullish, bearish? Um what's your, you know, midcase view? Uh what's your bullish case view? What exchanges do you use? What do you have access to? Answer all of these questions and it will actually help you come up with a formula based on your goals. And obviously, you know, use your own intuition. Don't just copy chart GBT. This is a good reflection exercise to do to actually find out how much you should hedge if you do want to hedge. Um, you have to be careful with per. So, please make sure you do your own research before you consider this.
For some people, it actually just makes more sense to use options on Darabit. They've got soul options. Uh, they've got uh B&B, Ethereum, and Bitcoin. These enable you to bet against future prices, but without allocating the same amount of capital. What does this mean? Well, if you want to hedge, let's say you think Salana is going to go down, right? Or you want to hedge by effectively shorting Salana, instead of having to tie up $10,000 in a Salana short and pay funding on it, what you can do is buy call options to protect the equivalent amount in the future for a lower upfront cost. So, it's better for capital efficiency. And obviously, you have a strike date and a strike price that gets hit in the future. But as you approach that date, let's say Salana keeps going down to to 130, 120, the options that you have are actually worth more, you can then onell those options for a premium. And that spread of profit is how you actually make money and and hedge. Now, in the event that you know Salana is looking really good, as you get closer to the date, um obviously your option will be less attractive. It can actually go down in value. Um and you can also you also have the choice to actually hit your strike price.
So, I think options are a good way in tandem. I usually do both. Whenever I'm hedging, I'll use PEPS. I'll hedge the weakest assets that I think will do worse relative to the market on per um definitely not Bitcoin right now, but definitely a basket of altcoins. And then I'll also put this alongside puts. So, put options are betting on further downside. And you can pick um as you can see here on Ethereum, but you can also go to Salana for example. You have a variety of dates. This one's quite good. For example, 25th of July. This is like midsummer, just before I think the market might pick up. Um, and you basically have all of these uh all of these uh strike prices basically for the asset. And you can pick the amount, you can see the mark, the ask, the size available, and you can toggle the dates to get different prices. So, you can see on the left it has the strike price. So, we're currently at $149. You got 145, 140, 135,130. And you can see the size available. I think there's enough liquidity for the average person here. And um you can see the actual cost of each individual option. So the asking price on some of these is $8.50. So you're not buying a whole Salana. It only cost you $850 versus the Salana price at 145 to actually get exposure to that option. And then you can on trade that over time and sell it on an exchange like Darabit. I don't even have a DAB ref link. I probably should since I'm covering it, but I'm just telling you it's a it was I think they recently acquired by Coinbase. This is how you can do it. And of course run this by chart GBT. Um, obviously there's courses on this actually on the Derbit site. If you go Derbit here and you click education, they actually have a full course on options. So before you get into advanced strategies, I would definitely recommend doing this course because, you know, this is advanced stuff, but I wanted to bring these alternatives to you today cuz I only hear people talk in absolutes in the market. It's driving me insane sometimes. I'm bullish. I'm bearish. The market will pump. The market will dump. The market isn't linear like that. You can be damn bullish and you you might still want to hedge in the short term. And that is a very viable thing because in order to win in crypto, you need to stay in the game. So if it does require you to take off some exposure at times or to hedge some exposure times to stay in the game and be mentally strong in volatile periods, if that's what you need to do to stay, then do it because staying around is going to be the thing that ends up making you the most money long term. Because if you are here and present, that is how you spot opportunities in the market. has happened me happened to me multiple times last week on Launchcoin, on Mask, on a variety of like onchain coins. A lot of people have left the market, but I was able to hit a few very good trades just because I was present and just by a function of being present, you unlock so much so many opportunities in the market because you've increased your luck surface area. So that's why this stuff is is ultimately very very important. You'll see the best traders in the world doing it. But that's I'm just giving you a little tidbit today and some advice to help you do that. But yeah, overall that's pretty much all I have for today. Make sure you stay tuned for my video on the weekend. It's going to be great. Notification bell on. That's going to go really deep into when I think things could turn around for altcoin and altcoins and the exact trigger for that that I've back tested using AI. Hopefully you enjoyed the video. I will see you in the next one. Have a lovely rest of your day as usual. Peace out.