Transcription
The altcoin market is rebounding incredibly aggressively, and the reason behind it is super bullish. You see, Friday was a coordinated attack, not against Bitcoin, but against altcoins. Bitcoin fell like 10%, but many altcoins fell as much as 85%. And this all happened for a reason. All at a time while you and I couldn't log into exchanges to buy the dip. Pretty convenient, right?
In this video, I'm going to share with you exactly what happened and what this now proves to us by the altcoin market rebounding incredibly fast. I'm going to show you that it's all linked to global conditions in the markets. And that is why we're transitioning towards a time that altcoins will significantly outperform Bitcoin. I'm also going to talk about which altcoins are likely to see some of the best growth in the short near term because clearly right now the altcoin market is on the move and it's only going to accelerate as confidence rebuilds across the retail market. Do me a favor, hit the like button and let's find out what's going on behind the scenes.
Now guys, before we dive in and find out why altcoins are the major target from Friday's attack and what that really means in terms of altcoin price expansion coming up, just a quick disclaimer. Nothing I say in this video is financial advice. Everything I say is for entertainment purposes only. If you wish to invest in crypto, you should understand that it's risky and you can lose money. So, don't risk money that you can't afford to lose. And always do your own research before investing in anything. Oh, and by the way, down below are some different exchange links and things like that that I personally use. These are affiliate links, therefore, I will make a small commission should you sign up through that link at no cost to yourself. Now that we got that out the way, let's crack on with it.
Now guys, as we look back to the cryptobubbles chart, you're probably feeling slightly better than you were just a couple of days ago as the market is seemingly recovering aggressively. Now, I know many altcoins have not yet recovered to Friday, but give it some time. There is a very good chance that that happens incredibly soon, and I mean incredibly fast, because what happened on Friday was a completely coordinated attack. Let me just explain it to you why that coordinated attack as well was targeting altcoins rather than Bitcoin. You see, during that attack, Bitcoin fell a whopping 16%. Pretty much, okay, which is pretty fine considering what happened to a lot of altcoins. Now, everyone will tell you it's because Bitcoin was incredibly strong and it's the king or whatever you want to call it. Fine. Believe that if you will, but I believe it's because of this. You see, the next phase in the market is where altcoins outperform Bitcoin. I'll prove it to you why in a moment. So, knowing that, what would you want to do if you had the ability to control the markets with a single tweet or something else like that? You would want to target the assets that are going to be performing the best in the coming months ahead, wouldn't you? So, what do they do? They target the altcoins. The altcoins bleed incredibly fast off of a news story off of US and China having some sort of bad agreement on something to do with tariffs. Lo and behold, the entire altcoin market nukes. And if you believe, by the way, that that was all because of a particular Trump tweet, then clearly you haven't watched the video that I made about 2 days before this happened, saying that there is always market manipulation going on. There's media used to cover up the market making that's being played behind the scenes. Okay, market makers move the price. Trump or someone else makes a tweet that kind of matches what happens. Okay, so we saw that move happen. We saw then the market dumped towards the downside. And then in the last 24 hours or so, we've seen a nice tweet from Donald Trump to tell us, "Actually, don't worry about that. The markets are fine. Everything's going to be okay. Don't worry about China. We're fine. I still like President Xi. We're still buddies. We just had a bad moment." And all that kind of good stuff. Everything's fine. Okay.
Now, this is just a game. I told you that there's a game going on Thursday. No, I didn't anticipate that the dump was going to be quite as painful as it was, but pretty much what happened. They told you on Saturday in the wreckage that was the altcoin market that everything was probably going to recover pretty quickly. Now, even I'm amazed at just how quickly it's recovering right now. And that has me pretty positive for what we're about to see over the next few days, possibly in the next week or so. Also, by the way, later on I'm going to teach you about how to get involved in these trading bots that I've been testing and building over the last few weeks and months. If you got destroyed in trading or whatever over the past few days, then there's probably good reasons behind it. And I'm going to show you a way to mitigate that risk in order to be able to start locking in profits day to day. Literally every 5 minutes or so, these bots are taking profits while I'm kind of sat in profits over here. I'm going to teach you how to run these different bots as well. So just stick around till later on and I'll tell you how you can get involved in this because I think this is going to be the best way to trade altcoins and things as the market starts to warm up once more.
So why are we going to start seeing a transition where Bitcoin doesn't perform as well as altcoins? Well, because of this. You see, Bitcoin has been in a bull market, as you can see, since back in 2022. Smart money, etc. were all loading up down in here. And then they started to load up on the way up. They had like the Japan carry trade, uh, that kind of blew over in 24 hours. Then you had like the first iteration of Trump's tariffs, okay, America day, whatever he wanted to call it. Then we go up to something like here where we had that big dip because of a war that broke out on like a Sunday afternoon and then it was all repaired with a tweet on Monday morning. And then we've had like tariffs 2.0. O and you get the picture. Now, the dip here wasn't particularly aggressive and the buyer probably wasn't that aggressive as well because a lot of the buying pressure went towards altcoins rather than towards Bitcoin. Now, Bitcoin has been in a bull market since November while the majority of altcoins with the exception of a handful have been in pretty much chop have been in accumulation. Okay, this is the end of accumulation we've just seen. Now we are going to start moving up and that's because in this period of time Bitcoin is behaving much less like a risk asset, which is crypto, and more like a sort of stable hedge against inflation, a safety asset. Now what other safety assets are there? Gold is a classic safety asset and you can see that gold has been in a major bull market since the same time that Bitcoin got into a major bull market. Now you will see that gold is making a chart that looks pretty much like some sort of a meme coin. That's absolutely bonkers, right? This now has a market cap of like $15 trillion. Bitcoin's market cap is like $2 trillion. Okay? This is 7 1/2 times bigger than Bitcoin right now. Okay? And the money from this will eventually flow from risk off to risk on. Okay? Because gold doesn't typically rally towards the end of days in a bull market. Okay? A global macro bull market. It will start to slow down and then the money will go towards risk assets. Like any good vertical chart, this has to come down eventually. And when that happens, you're going to see altcoins going bananas. How do I know this? Because the altcoins are setting up right now on the charts to go bananas. And the fact that we've just had that final crazy crazy shakeout. And I know it's a final shakeout because anyone who would have wanted to sell in panic and fear would have sold on Friday. If they were leveraged pretty much at all across the market, guess what? They would have been liquidated. Okay? So all of the greed, all of the excitement was out the market. Now we are at a time we build towards the next and this chart will prove it to you. And yes, I've showed it to you before and yes, despite what happened on Friday, it's all still in play. Okay, this is the Ethereum chart using the 3-day chart. Can do it on a weekly, daily, whatever you want. Okay, same thing. This is the WOFF accumulation. Okay, and I know I've told you before, but I'll just keep saying it if you're new to the channel so that you can continue to learn with everyone else. By the way, if you are new to the channel and you don't really know how kind of crypto markets work and understand that there is a game that's going on behind the scenes here and how to really sort of start to beat the game, make sure you subscribe to the House of Crypto to stay up to date with everything that's going on. If you've been enjoying the content so far, just hit the like button if you didn't at the start. Thank you.
Now, what we can see is Woff accumulation. This is a pattern that's over a hundred years old. It was created by Richard Workoff who in the 1920s was working on Wall Street and identifying what smart money big money was doing to manipulate wider markets. Okay, we are seeing this happen time and time again and you can see I've taken the time to label all these different elements. Now we're in the SOS phase which stands for sign of strength and perhaps on Friday stands for ourselves but obviously we're through that time and now we're back. Okay, so sign of strength you can see that we had a dip down but we're pretty much straight back to that previous range. Okay. Now, in the SOS phase, we are preparing to move into phase E. Now, as you can see from this chart, there's no times, there's no dates. It's not necessarily clear exactly when that happens. But the fact that we've had that crazy shakeout just a couple of days ago tells us this probably happens incredibly quickly because the most pain that you can create in the market right now is to move straight up. Why? Because everyone who got liquidated now doesn't have the money to be able to enter back into the market. And also all the people who sold panic sold down here are also still on the fence, not really sure what happens. And when suddenly the price is up here, they're going to be like having to FOMO into the market and they're going to be annoyed at themselves for missing out on that. Now, obviously, it's been painful. I understand. I'm not trying to make fun of you or anyone. Okay. I also lost some money by being a bit too leveraged on Friday. And that's why I've gone away and basically built these bots. They're basically allowing you to take profits along the way. Okay. They basically go into this zone. They use an AI to identify picking up small trade buys. They give small trade sales, etc. Okay, I've been testing them. I want to basically share them with you because you can see some of the crazy profits. Now, if you want to join in and learn exactly how to do this and copy my bots so that you can start earning profits like this, as well as access a course that I'm going to basically make around how to do this, then make sure you go down below and sign up for the Telegram group, which is like trading bot telegram or bot trading telegram group, whatever. Okay, absolutely free group. Just jump down below, sign up for that now, and in the next sort of 24 hours or so, I will be making a live stream video, which you can come join with me, a Zoom call where we will go through exactly how to set up the bots, and I'll help you out with all of that.
Now, then back to this. As you can see, phase E comes next. Phase E is expansion phase. This is phase two of the path to altcoin season. Now, I know it feels painful talking about this because obviously we had Friday, but past the old altcoin season dictates that Ethereum rallies next. Ethereum has been moving strongly. If you go to this Ethereum versus Bitcoin chart and you go down to like the 3-day, look at this. Okay, you can see that we've been building strongly here since back in May pretty much. Now, you can see bull flag being formed has finally ripped down to those lows. If we go down to a 4-hour chart, you'll see just how clearly this is shaping up for a break out. Okay, this can happen. I genuinely believe within the next sort of 7 to 10 days, maybe even less, maybe in the next 24 to 48 hours. It would not shock me at all to see ETH versus Bitcoin breaking out and that would send ETH into price discovery and typically will start to rally altcoins everywhere. Okay, this is a very very important thing. So why are we starting to see risk off conditions enter back into the market? Why will gold be coming down and whatever else? Well, you know, interest rates have been coming down. Interest rates will continue to come down and we're about to see another FOMC meeting. Just over the last few days as well, the media has been telling us that war in the Middle East is also starting to ease off. Ceasefire, release of hostages, etc. I'm not going to talk too much on whether that's really what's happening behind the scenes. I don't know. Okay. But the narrative is that we are going to easier times, less uncertain, fearful times. War is a fearful uncertain thing. We've seen the US and China having tussles around tariffs. Very good chance that that starts to subside as well and we start to move towards a good couple of years in the global markets. And that is why altcoins which typically perform well during risk on conditions when the market is getting greedy do well. Another thing that's also very important to know is when interest rates come down all of the banks etc who've been buying bonds and treasuries and earning themselves a simple like 4 4 and a half% in interest have been borrowing money to do it. So they borrow money from countries like Japan and others like that to basically go and make bets. Now they can borrow at let's say 4% and then they go and try and make another half a percent 1% on top. When the interest rates are high that's great but guess what happens when the interest rates come under what they've been borrowing at. They then get forced to go down into riskier assets and they do this because they will effectively be losing money otherwise. If you're borrowing money right now to try and make money and suddenly the money that you can make is reduced, what are you going to do? You have to go and find a way to make more money. And the only way to do that in these markets is to go into riskier and riskier assets. And that's what eventually leads to a crazy, disgusting bare market after this bull market's finished. But we're not there yet. That's all ahead of us.
Now, where should we be looking in terms of altcoins right now? Now, I told you in the video that I made on Saturday that I was looking at the altcoins that got absolutely smashed and particularly the larger cap altcoins that got smashed. Now most of the large cap altcoins got smashed because they use futures trading. Okay, so they were far more volatile, far more worrying. Now what happened? Just to explain exactly how this kind of capitulated quite as aggressively as it did. This is Sooie, a blue chip project. Okay, and it did this. Why did this happen? Okay, this happened because not only did market makers push the price down to a point that people started to get liquidated, but then the market makers themselves started to panic. There's other market makers who are basically holding the SUI token and basically if the SUI token goes down they open a short position to make sure that they don't lose money. Okay? So they open one as a hedge against the holding. If I hold 100 bucks and the price starts to fall at a similar rate and I get a short trade I can maintain my $100 balance. Now here's what happens. The exchanges started to panic on Friday. Many exchanges probably overcooked it a bit. And then what they do is they start to say, "Well, we can't have short trades open because short trades could eventually wreck us because there's no one down the bottom who's going to be buying that money, etc., and we can't afford to pay that money over to the people who've been massively short." So, what do they do? They start to close all the short positions. So, the market makers who are losing money on the bags that they're holding then get their short trades, their hedges closed, and then the market makers are forced to sell all of the tokens onto the market. So all the market makers working for Sooie, working for other companies out there basically had to dump their bags back onto the market, which is why all of a sudden in a very quick space of time, you suddenly saw mass panic. A lot of the panic wasn't necessarily from retail investors. A lot of the panic was more institutional level, more market maker, more exchange level panic because effectively some of these moves may nearly have broken some of the major exchanges out there. Okay, might not necessarily have gone quite to plan. I think actually they may have overcooked it and even shocked themselves just how badly some of these coins got decimated.
Now again what we started to see was coins like Sooie back up 400%. Now I told you on Saturday the coins that started to see buy up like this were likely going to do very well. Incredibly well-funded projects. They got huge money in the bank to be able to push the price back up very very fast. And it's very easy to push the price back up fast when there's no sellers because all the sellers had already been taken out. So when there's no sellers left, you can just buy and the price will go up. So what they did is they pushed the price back up. Now you're starting to get to a point where people who were lucky enough to get in just down here cuz there would have been some will start to take some profits because they're now up four 5x or more. Now you what you'll see is the price starting to climb because again there's just not sellers left in this market right now. This is a bull flag that Suie has pretty much got here. Okay, you can see obviously it's kind of broken structure, but this fake out, if we can even call it that, is now back in range and will likely push very, very fast. Every time we've seen bullish markets over the last few years, SUI has been one of the fastest to react. This time, in my opinion, is absolutely no different. Hyperlid, another classic one. Okay, Hyperlid, huge adoption, huge amounts of money flowing in and around this particular coin. Backup significantly from those lows. World Liberty Finance. Now, I know many people have been a little bit hurt about certain things and certain people over the weekend making tweets that they might not want to help out or be involved in. World Liberty Finance is a fund that is founded by two of Donald Trump's sons. Okay, this World Liberty Finance is likely going to see a pretty strong bull market because again, it's the entry point for Wall Street into blockchain and crypto. Something that is likely to happen significantly very, very fast once we move into more risk-on conditions. Whenever gold tops out, you're going to see money flooding into the markets. World Liberty, as you can see, coming back up significantly. It makes sense to me to see World Liberty doing quite well from here. Beam, again, a coin with $180 million in Treasury. I've talked about how successful wealthy projects can be whenever the market gives them a chance. When we start to return to confidence and greed again, which won't take very long if the market continues to rally like this, you're going to see lots of these coins going strongly. Now again, what else? World coin, Ather seeing some good bounces. XRP even, uh, Kadano, you know, guys, these projects are all going to see some serious growth.
Now, I know you're probably like me. You're not just holding large cap coins. If we jump across to my portfolio, I'll show you some of the coins that I'm holding. You're also probably holding some of the sort of smaller market caps like the human AI, like the My Lovely Coin, like Qui, uh, etc. Now, many of these coins didn't necessarily see such brutal ups and downs and that's because they don't have perpetual futures trading available on them and they potentially won't have that for a while until the market starts to get warmer. Now, I've told you that the projects, the market makers are about to push up the likes of Aptos, the likes of Sooie, the likes of WorldCoin, the likes of whatever you name it, okay, large cap coins will start to perform strongly and then what happens is this. you, me, and everyone else makes lots of money in the next few months ahead because we're holding those coins. Then what we want to do because typically we do this and we can't help ourselves is we get greedier and greedier and greedier where suddenly 10% gains or 20% gains in a day is not enough because we start to see these odd small caps pumping like 50%, 100% maybe even like 300% in a single day and we go looking for those small caps. all of a sudden some YouTuber or someone presents us a small cap altcoin at the right time everybody apes in that does a five to a 7x. Okay, so don't worry too much about in the short term that your smaller cap coins might not do too much. You never know. Okay, you never know when they're going to get coverage. But a lot of the larger cap coins will be pumping first. They're already starting to show you that. Okay, they got shaken out down here for a reason. This happened purely so smart money whoever knew what was really happening behind the scenes could ape into the key projects out there the key coins and many of the larger cap coins will see significant moves from here even though they've already seen some very strong rebounds. Okay, Salana looking a little bit flat but to be honest Salana didn't really even see that much downside in the past few kind of weeks or so. Maybe Salana might not give you much excitement compared to some of the other like world liberty fies, aethers, you know, world coins, etc. Now, I know BNB basically is at all-time highs. Gives you probably a bit of an indication about who might have been behind some of the stuff that's happened over the last few days or so. Not going to speculate too much on that, but BNB is rallying higher. It will continue to rally higher from here. How much higher? Probably not like a huge amount more. It's already pretty big. It's already all-time highs. Don't get drawn into the ones that are all-time highs. Go and look for the ones that are still kind of down in the recovery zones, okay? These are probably going to give you better returns.
Now guys, hopefully that's all been pretty helpful and useful for you to understand. Just start to take notes of what has happened over the past 48 72 hours. Yeah, it was a big one. It was a particularly bad one, but over the last few years, these things continue to happen every single time. Now, if you ended up panic selling altcoins on Friday night and suddenly you wake up on Saturday morning and the altcoins are back up from the point at which you sold like a few multiples and you're like, why did I sell? I should have just stayed in the market. Then just take note of what happened. Take note of this manipulation. It happens time and time again when we're in a bull market phase, okay, which what we are because Bitcoin's been going up. that any bad news that you hear across media and whatever should really be taken as an advantage, an opportunity. Whenever we start to head towards the very top and you start to see very positive news across the markets like Black Rock price prediction for Bitcoin going to like 500K or whatever else, then start to be cautious. Then you should be scared. Okay? Be scared when the news is positive. Be greedy when the news is scary. Okay? When the market goes towards the downside, hopefully you're going to get out of it anyway. Okay? In bare markets, there's going to be scary news that has bad reactions to it as well. But by then, you're going to be clean and clear out the market because you have subscribed to the House of Crypto. Guys, you made it this far through and you enjoyed it. Hit the like button, leave a comment down below for me. It helps me out so much. And have a great week. I'm going to be bringing many more videos to you. Make sure as well that you jump into the Telegram group so that you can get up to date with those trading box. I'm going to take you through exactly how to build all of those out in a Zoom call over the next 24 to 48 hours where you can watch over my shoulder. If you can't make those times, don't worry. I'll put a recording in that group as well. Have a great time. Thanks, guys. See you soon.