Transcription
What is going on, lunatics? The structure has been broken. We are in a bare market officially. I don't know how long it's going to last. However, remember, we did not have an altcoin season at all. So, I don't think that we're done with a bullish market. I just think that right now we flipped into a bare market. But all is not lost. I'm going to show you the chart. You guys can look at it yourself. You can see where I am and what I'm talking about and kind of figure it out. But we had come back into that structure, if you will. And I think it was, you know, it looked like we were just kind of trending sideways. I was nervous. I think you might have even seen me a couple times being just a little bit nervous that maybe the structure was going to break. It was going to be a problem or something like that. And we didn't break down. So, I'm going to show you all this and more. Make sure you hit the like button on the way in. And uh, you know, let's see if we can get this thing rally back to a dollar. And Vegas morph shared my video. What do you think that was? Hit that like button.
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Okay, so structure. Um, this is still that line right there. I'm still kind of, you know, let's stay I'm going to stay bullish on this. Um, for for you, if you're not, I understand. However, let me move this over here. And let me move this over here. Let's take the stop. Let's take this catastrophic moment there by uh what do you call it? Um, winter mute. Let's take that out. And let's look at this right here. You can still see we are clearly in. And even if you want to go to this bottom over here and this bottom over say those two points of data contact right there are the two that we're looking at. You can see clearly we were still in an uptrend. Um now we've broken down a little bit more than I would certainly like to see when we look at it from this standpoint right here and we use a Fibonacci all the way up. We've broken down below the 786. But that's really been because the market is going through a catastrophic dump. This is the market right now. This is the last bunch of days right here. This is um again this is 3.22 trillion market cap. On January 15 we are at 2.2 today which means that over the course of the last 116 days we've lost $2 trillion in market cap. This is the most bare market you've ever seen in your life. Now, um, again, structurally, we had not broken down below and we were good because I think this pivot right here to me felt like the this was April of 2025. Uh, this we had been in this bull trend up here until a couple days ago. Then we had this little sideways action until today it didn't break down, but the previous days it was getting closer and closer. So, you know, we were getting into that bullish momentum. Well, now long-term really bullish narrative. So, I don't know how low we're going to go. Um, I think from where we are right now, if I look at something like this where we had that breakdown before, I think we're going to get a big test rally here, uh, maybe it comes down a little bit lower, maybe it doesn't. I don't know. Crypto market structure bills now pushed out until spring. Um, but I think that ultimately we're on our way back up. So, I think, you know, sideways motion right here. Uh, a little bit of a of a clawback here and a rally of some sort and then uh over time I think we're going to start making our way back up. But I I do think that it's going to take uh that crypto market structure bill and the banks in the United States are doing everything they can to prevent that from happening right now. I'll explain why at some later point or if you want to come to my lives, we can talk about it on my live streams.
So, uh but back to to Teruna Classic. Uh there we're at 33 right now. And again, I don't think that anything fundamentally has changed. The problem is we don't have the oxygen and the gas needed in order to make a nice pump out of. So that's what's going on right now. Um, so let's we're going to move on from this. Um, just know that in my opinion, nothing has fundamentally changed. This is just kind of we're just kicking the can down the road here a little bit uh for this move. Uh, again, structurally speaking, we're still probably uh going to break a little bit higher. If we can get a little bit higher from where we were on the last runup. Now, remember, this was Ian Allison coming on stage. Uh, but if we go from here to here and we just kind of look at it, then guess what? You'll be surprised probably that the end result of that move right there if we do that over here is probably up to the line that I gave you a little while ago saying that you know that's where the prob probable breakout uh would start. So, I think ultimately we're good. Uh, as far as volume goes, probably a lot of volume today, $25 million in volume because there was probably a lot of, uh, trading going on, right? Uh, somebody over here says, Lunk has been trading within an ascending triangle after a sharp downtrend, currently holding near the lower support. Um, this price is consolidating as it reaches the apex of the triangle, which lead to an explosive breakout. That's what we're looking for is that explosive breakout. Again, I think there's an explosive breakout coming. The chart says there's an explosive breakout coming. It's going to have to be confirmed by investors. But again, 25 million uh over here, 6 million. We had a by the way, it was not good. It was a dump of 15% on Teral Luna Classic or on USC. But I mean, you know, again, this is uh this market has been just absolutely bearish. Now, uh we're at 1.7 billion in burns over the last 7 days. Uh Lunk newspaper over here, uh Lunk Daily. There's no new article. There's really nothing to report really. There's really nothing to report here. So, um, you know, just looking around, uh, it's it's going to be, look, it's going to be a rough couple days. Uh, this market has been bleeding. Uh, in my opinion, ghouls and goblins of, uh, Tradfi that have come in are just they're picking you apart. They're shaking you out. They want your crypto. They want your they want they're coming for it. And if you give it to them by selling, uh, we're going to go down. If you give it to them, we're going to go down. They're going to take it. They're not going to give it back to you. Um, so be very careful. And by the way, that doesn't mean hold bad projects. It doesn't mean hold bad projects. Uh when I was, you know, ultimately a bad project is still going to be a bad project no matter what. You might get a little pump in a a bull cycle or something like that, but again, we need to see that bull cycle action. I just don't Let me know what you think in the comments down below. It's not financial advice, but I'm always