Transcription
Which one's the best crypto asset? APK's best crypto asset. Which one's the best crypto asset? APK's best crypto asset. Which one's the best? Which one's the best? Which one's the best? Which one's the best? Which one's the best? Which one's the best? Which one's the best? Which one's the best? Which one's the best? Which one's the best? Which one? What's the second best?
>> There is no second best.
>> This is Discover Crypto and today we're going to talk about what is needed for the Clarity Act before we can start pumping these altcoins and we're going to look at the charts of the altcoins that we've been tracking and we're going to put the test to the metal here and say where were Deezy's predictions? Did they come true? Did they false? Did they break down? And I was very sick this weekend. I'll I'll maybe tell the story a little bit later, but Drew, how are you doing today?
>> I'm doing good, man. Doing good. Sorry you're not feeling that well, but uh neither are altcoins. Good news, DZ. There is uh much sickness, but I'm happy to see some prices coming down on assets that I wanted to buy more of. So, uh feeling good about that. Had a good weekend.
And >> that's good. That's good. And folks, I have a major major opportunity that the last time we saw something similar to this, the average trader made $114,000. And I'm talking about the hyperlquid airdrop. I may have identified the next hyperlquid airdrop, but it is gated. It is kept out from the normies, but I might have a code for everybody to be able to eat off this, Drew, because I think I I need to share the alpha on this one. I'm seeing a lot of the same signs. And if you're wondering, I think I got sick from the Savannah Bananas game.
>> Yes. But maybe I'll share the details at the end of the show. Yeah, I mean it's it was just super crowded. Fun time though. Fun time. Well worth it. Maybe not. I don't know.
>> You were saying um it was a good time. I've been looking at the Savannah Bananas, you know, considering bringing the kids there. It almost seems like a Harlem Globe Trotters of baseball.
>> Yeah. Yeah. People doing back flips when they're catching outfield popups and Yeah. It's definitely pretty cool. There's a guy on stilts, like tall stilts, like went up to bat. He's like I mean he's actually hitting the ball. But let's get into crypto. Let's look at the Bitcoin chart to start things off at. We're looking at the 1H hour candles here and you can see Bitcoin Drew, we are actually watching these levels like, oh man, is Bitcoin going to hold? Is Bitcoin going to hold? And Drew, it is no longer holding, starting to lose some support. We are going to check the liquidation heat map because I am interested in where that is heading. But the RSI is still looking okayish at this point and so we could be putting in some bullish divs. Now, if we go to the 30 minute, yeah, we're still starting to see the same thing. But we uh maybe even see a bull div on the two-hour starting form. And if things really turn around very quickly, we might have n the 4 hour is starting to break down. But there's room for this to move to the upside. We still have an hour and 26 minutes on that 4hour candle. Let's go to the daily. Check our ranges here. Very clean rejection there. You can see it here. We had the double confluence. When you have two signs, obviously it's going to be better than one sign. One sign we had the parallel range. you see it start to break down. But we also had this trend line right here identified, I think, in this weekend's video where you put the top here, you put the top there, Drew, and you go straight across. Look how cleanly it hits off these daily candles and then this daily candle as well. That's going to be on Thursday. And now, Drew, I was talking about this with you guys this morning because, you know, we had a morning meeting and we're talking about Bitcoin's price. I said on my charts, I think we're bouncing off this midway point.
>> Yeah. And let me extend this so we can kind of continue to run this. Hopefully I don't move it too much. Let's go to the 1 hour.
>> Look at that, Drew. This is not where we were earlier this morning when we were talking. And so if we bounce off this,
>> I'm feeling a little bit better that we might hit the top of the range versus going down to the bottom.
>> Well, I like your option more than mine. Like it's um, you know, we're looking pretty tired right now. And uh I was, you know, I was kind of highlighting using those that trend line that you had and the channel and just the general volume node of Bitcoin when it did hit that 83 mark, you know, warning about us coming back down here with you. Altcoins big haircut going on for a lot of uh altcoins right now because Bitcoin's kind of showing that breather moment um which is creating the buying opportunity. I mapped out a bunch of stuff that I'm going to be uh adding to the portfolio. So, I'm liking what I'm seeing.
>> Yeah. Speaking of all coins, let's look here. Yeah, I mean we have Bitcoin down 2%. Oo, things are starting to look a little red here. We have B&B down, XRP down. Going to track XRP, Salana down. We're going to track Salana. We have Doge. I mean, everything. Hyperlid is up. We are going to go to my hyperlquid predictions. I put out some very just bold claims, put out a lot of strong levels, and I put out a lot of concrete predictions. So, we're going to check my predictions. Do I have a concrete statue that looks like it's made of marble or am I going to have concrete rubble? Drew,
>> uh, you know, I would bet on you looking pretty good on your hyperlquid prediction. You've been pretty on on that. Uh, Zcash is slightly up, too.
>> Toncoin up a little bit. Now, let's look at the major movers here, the the movers and shakers. Kite is up. Hyperlid second biggest gainer. Stable DEX, Toncoin, Zcash, World Liberty, a little bit of a pump here. Big losers though, Bitcoin Cash Flare. Pi network. Dogecoin. We just click on Dogecoin here. It's at pretty strong psychological level. 10 cents. It's at a dime. Let's go to Let's just go to the one year and wait for this screen to refresh. Coin Gecko. I'm about to start going to Coin Market Cap. I don't know how much longer I can take this.
>> They keep doing this to you. They keep rugging you.
>> Tell you what, we'll just use Trading View here.
>> Who would have thought Trading View would be faster? I would say a fairly large difference in the API polls here. All right. I do like the dog there.
>> Yeah, they added that like a few weeks ago. Um, so Dogecoin track this in forever.
>> This one looks I mean like it's above 10 cents decently.
>> You know what I see?
>> What do you see? Oh, you get a cup and handle on it. Okay. Well, let's play out the target. Let's play out the target.
>> All right. Let's do it here. So, normally I grab the arch. I think the arch is maybe here. Uh, arch is here. Yeah, arch is under the drawing tool, which seems a little bit weird to me, but all right, you go here. Yeah, about right there. And so, the way the the cup and handle works is you just measure the distance of the cup from the bottom of the cup to the top of the cup. And there's two schools of thought. You're going to get two different statistics there. Some people are going to put the breakout at the top of the cup. Some are going to put at the bottom of the handle. I think honestly they're both pretty valid targets. Let's just say it plays out right here. Got a nice little move to there. But I think I see something like this maybe playing out, Drew, where maybe it's going to end up hitting this resistance. Now, if we go zoom out, this is catching the bottoms. Catching the bottoms. This is going all the way back to January of 2024. But losing that as support, not the best thing here, but hey, I mean, maybe Dogecoin's going to pump back up to 14 15 cents sometime.
>> Yeah, but and it's still a memecoin, right? Like it's a it's a memecoin
>> and it's an inflationary one,
>> a hyperinflationary memecoin that has been around for a really long time. Great, it hasn't died, but it's become less and less exciting, right? Um, if I'm going into a memecoin, I want more than a 20% pump, right? Like, so, you know, I'm not averse to to meme coins, but I'd want a little bit more juice in the gasoline for
>> coming in with the concrete boots there. That just make that just hurts my feelings. All right. Well, we'll look at the hyperlquid charts in a little bit. Don't you worry. I do want to talk about the Clarity Act. This is what we titled around. A lot of people are asking what is next for the Clarity Act cuz we saw some major developments. It did you you guys covered it Friday, right? I was shivering in the fetal position. So, I didn't watch as much as I wanted.
>> Yeah, we covered it on uh Friday and um some of the likelihoods about what the rest of the year in the Clarity Act can actually look like. Um, you know, but now it is time to really understand the amount of steps that are still left to do to to get this thing uh rubber stamped. Trump's coming out saying that he's going to sign it into law when it's ready, but there's a lot of steps from point A to point B on it. So,
>> all right, let's talk about the steps. Here's what's needed. Here's the steps needed for the Clarity Act to become law. So, we got the committee merger. Now that the Senate Banking Committee has advanced the Clarity Act, that's the one that passed largely on party lines except for the few Democrats. It must be merged with the Senate Agricultural Committee's framework. This is the committee that oversees the CFTC, Commodities Futures uh trade commission here. After that, it needs to go to a Senate floor vote. The combined bill must then go through the full Senate floor. So, they have the A bill, they have the banking bill, they merge those till we get a cohesive framework, and then that's when it's going to go be voted upon. Uh it's going to need 60 votes. So, we're going to need, you know, a little bit of a majority. We are going to need some Democrats to come over this side of the aisle. The fact that some Democrats sign the Senate AS framework, it bolsters the odds. It increases the odds that it can get to 60 votes. And it's going to need the House Senate reconciliation because there's a Senate ver just how the the banking and the A had to merge. We now must do the same thing with the House and the Senate. They must also merge because the Senate has amended, expanded the bill significantly from the version the House passed all the way back in July of 2025. The House and Senate must settle on and vote to approve a single identical version. After that, Drew, that's when we get that text mark scribble that is Donald J. Trump's signature, which is a good signature, much better than mine.
>> It's a very good signature. I am more so looking forward to the content out of the filibuster from Elizabeth Warren on this. Right. there's going to be a lot of kicking and squirming from her. Um, and that, you know, the timing of it, I just don't see us moving this forward until we're closer towards the mid mid uh midterm elections, right? You have to have a win fresh in people's minds for uh Republicans to have a shot at the midterms because right now the polling looks grim on the midterms. So, they they need this ace up their sleeve. So,
>> Oh, you still have feelings, DZ? No, I hold Cardano.
>> Yeah.
>> So, just cold and empty inside.
>> Yep. to to Baron Hall. It's like an underwater cave. It's full of skeletons.
>> Is Is Dezy gonna sell us Cardano now?
>> Too soon. Too soon.
>> I don't think you're leaving. I don't think you're leaving.
>> Okay. All right. Uh maybe we'll track some Cardano. Jack, do you want me to track Cardano? There's probably some people like, "God, he's brought it down to like two, three mentions a week and it's still too much." So, let me know if you hold Cardano. We'll pull up some Cardano TA. I do I do have some levels that we can look at, folks. All right, let's move forward here. You ready to talk about Michael Sailor's big fat finger buy here?
>> I'm ready. I'm ready. The mad lad's probably at it again.
>> Almost 25,000 Bitcoin worth about $2 billion, everybody. So, let's break it down a little bit more succinctly here. 24,869 Bitcoin, $2.01 billion. They did that over a week. Average price $80,985. So, basically 81K. Let's go right to where we're at on Bitcoin's price. They They paid 81K. Could have just waited till Oh my god. Could have waited till Monday morning. Got it for 76K. Let's actually check in on Bitcoin. Look at that. Drew
>> being violent right now.
>> That is bouncing on our level.
>> Bouncing on our level. Love to see that. Uh so, you know, paid a little bit higher. They now have 843,000 Bitcoin. Crushing it. That is above 4% now. True. 840K is 4% because every 210 multiply 210 by 4, you get 840, he has now exceeded 4% of all Bitcoin with this purchase.
>> What could go wrong?
>> I mean, this What could go wrong?
>> Give me the worst case scenario. What could go wrong? Well, uh, you know, if we do have some sort of Satoshi era wallet, um, you know, tested by Quantum, if we have, I mean, we still have the potentials of, you know, conflict kind of cascading out of control, but I actually feel less concerned about the third world championship after the Trump G meeting. I uh, I'm going to be making a video about it tonight. I think the
>> I don't think anyone knows what you mean by third world championship,
>> World War II.
>> Okay.
>> Yeah. So, you know, I think the probability of that has gone down pretty hard after the delegations with and it's good, you know, the US getting along with uh China
>> is something we need to do kind of at this point, you know. So, um,
>> there there are times in history, don't listen to Ray Dalio, there are times in history where the number one and the number two swap places, which might happen due to demographics, and there isn't a war, right?
>> It's not an every time thing,
>> right? Um, you know, I think just tests on the old school wallets of Bitcoin, you know, that could
>> Won't a diamond hand Chad help that scenario, though?
>> I mean, do do his buys have any effect on the market, right? I mean, we just saw like 81,000 was where he's buying and we've been just absolutely sliding downhill. Like I don't And I I
>> What about the argument we'd slide further and faster if he was not buying?
>> He's buying OTC. He's not helping. You know,
>> OTC has sellers.
>> Maybe maybe
>> he's absorbing the OTC sell pressure. You know,
>> I just don't like how much uh concentration of supply he has. I also don't like Tom Lee's concentration of ease supply, right? like it's not um it's taking away some of the idea because Black Rockck already has share ownership of strategy and they have their IBIT bag, right? So, Black Rockck's kind of double dipping into this giant portion of control of Bitcoin and that's that's killing the decentralized people's money ethos, you know. Okay, so it kills the decentralized let's just say trademark or selling point, right? I will I will definitely I will give you that point. I I go back to what I said I think two weeks ago looks like he partied hard in the 80s maybe that catches up with him.
>> Yeah.
>> You know if that man falls down clutching his chest. I I see Micro Strategy going down and you know that might not be good. Uh it does look like 97% of the money came from sales of their Stretch perpetual preferred stock there. So pretty good move there. But let's look at this. 80% of Stretch is held by retail investors. This amendment is for you. Vote for Stretch to pay semionthly dividends, meaning every two weeks instead of every month. Essentially, your vote matters. Make it count and go here to vote to learn how to vote through your broker. I saw a quote tweet on this cuz you know 80% is held by retail investors. I mean, you know, 20% by institutions here. This is a cell phone and they are oblivious. Yes or no? chat. Drew, is this a self-own since 80% is owned by retail?
>> Yeah, you a bad sign. You know,
>> retail are exit liquidity for Black Rockck and in massive organizations, right? So, it's like, you know, seeing this makes me think that maybe uh, you know, there might be a problem down. And honestly, with how volatile Bitcoin still is, all of these macroeconomic instruments were creating around Bitcoin, you know, there is a potential they could get gutted with massive volatility that Bitcoin has. Like, the volatility is what I like because, you know,
>> that's how you get rich,
>> right? I like the volatility, but you know, they're they're handling trillions of dollars. I don't want to, you know,
>> los crypto arrow, you got an arrow fan here, Drew, they are paying the yield every month. Yes. 11.5%. This would mean you get uh what what do you look at? 5.75% every two weeks.
>> Yeah. That that dividend uh trail that you've been on, I am curious now that we're talking about SDRC.
>> Want to look at it?
>> Yeah, the dividend was happening I think Thursday last week, right? Let's see if that dip played out um on it here.
>> Oh yeah.
>> Oh yeah.
>> Said it every time like clockwork.
>> Every single time. You never want to buy right before the dividend. Uh, because a lot of times you can't buy the day before the dividend and sell. There's going to be a a period where you have to buy it ahead of time. Probably this if I had to guess. You can see where it starts to move up. So uh it fell. It fell fell roughly what it fell the previous month. Not nearly as far as it has fallen in prior months though. So there you go. That's the start or stretch news. Now we did see a lot of volatility in the crypto markets in the markets in general.
>> This is one of the main catalyst. The other one is probably going to be the UAE nuclear uh facility fire. I don't want to get into that. I haven't even checked on that. It's a lot of lot of smoke and mirrors as they would say. But this Donald J. Trump post definitely spooked the markets. for Iran. The clock is ticking and they better get moving fast or there won't be anything left of them. Time is of the essence. President Donald J. Trump. This is uh I mean I I was in a I was trying to see if you know I think we're around like 78K or something when you put that out. It was 2 minutes the price of Bitcoin dropped by like I think 1.5 or 2%. Like literally just jackkn to the downside. I am a little bothered about how long this is this is strung on for. Um, you know, yeah, it was that candle right there. I mean, yeah. Yeah, that one. Uh, it was like what just happened? So, you know,
>> it's a one minute. I was like, let's look at the one minute like you. Yeah, you're right. Two minutes.
>> Yeah, it was ridiculous. So, he also put out that ali he put out this picture of like an alien walking next to Trump. even get I if I was feeling better, I don't want to spread germs or anything. I was going to invite you in my office just so we could look at the true social feed.
>> Yeah,
>> chat. All right. All right. Look, should we spend 20 seconds scrolling the true social feed? Yes or no? This is a crypto show. We don't want to get too sidetracked here, but we got 20 seconds to spare. Type in yes. Type in no. Type in yes if you want us to scroll the true social feed so we can see what uh Drew is talking about here.
>> Yeah, there's a lot of people that have bets on Alien Disclosure this year too on Poly Market. Like at what point does that like do we need a body of an alien for Poly Market to pay the people out, you know? Like come on now.
>> There's a lot of people that got money on this. So,
>> all right.
>> All right. So, let's go to his account.
>> You got to get the advertisements in there, too.
>> Oh, the advertisements are sickening.
>> Uh, let's see here. So, it's it's it's a ways. It's a ways. God, he's just going nuts. Uh, he definitely likes I'm not even going to get into Massie. Not going to get into Massie. That obviously didn't help. Uh, we have this right here.
>> That might spook a market, Drew.
>> Love it.
>> Might spook a market.
>> What is going on with this, dude?
>> There's no wind in space, Trump. All right. Uh, keeps All right. Illinois. I don't want to do the political stuff too much. Where's the aliens? Show us the aliens.
>> There it is. What is this? What does this mean? And why is the alien jacked? I thought alien was like they're like these frail little feeble beings.
>> It would make sense as the knowledge as the brain grows it would have less resources for muscles.
>> Yeah.
>> You know, but
>> I don't want to mess with I mean if that's the grays they're going to jack us up.
>> There's one more I think. Uh, there's another alien one. Is that the one? Is it UFO?
>> That looks That looks like a UFO.
>> Yeah,
>> it looks like a UFO.
>> Is this Halo Soldiers? I I don't know what's going on here.
>> So, when poly market payout, you know, what do we need a body?
>> All right. Yeah. So, Bitcoin slid below 77 as Trump's Iran warning spooked the markets there. So, come to selling pressure during the open uh following about 2.4%. You saw the two one minute candles and it was triggered by some comments from Donald Trump said the clock is ticking for Iran. They better get moving fast. Crude oil topped $112 per barrel following his comments while risk assets like Bitcoin moved much lower. S&P 500 was down. NASDAQ 100 index was also down. Those were down pretty much slightly. Altcoins underperformed Bitcoin and crypto majors tokens. Bitcoin Cash, Dogecoin 10% and 4.5%. So we saw a little bit of a correction in the markets for sure here. Interesting feed though. Interesting feed. Drew are aliens on Earth. Oh god. I mean, I like to think of them as demons and I'd say yeah. You know, I'd say yeah. Um, why also was that alien in handcuffs? Someone brought up a really good point. It's like, what are you going to do? Arrest an alien? It's like going to it's an interdimensional being.
>> Well, Will Smith has taught us we could punch them in the head and I'll knock them out. Maybe it's because he was going to play Ali in the future and, you know, he was already just a good jabber.
>> Yeah, that alien was much more believable. like all the like weird new uh you know body style and it and honestly like I I really liked Independence Day as a movie. I wish that we would as a media area of the US start making better movies like this.
>> Dude, do you know why Will Smith punched the alien in the movie?
>> Because it talked [ __ ] to his wife.
>> Yeah. He wouldn't keep his wife's name out of his mouth.
>> Yeah, that's what And we should have saw it coming. Was it Chris Rock or something that got he was the next victim? But oh well.
>> All right, let's talk about uh the Bitcoin Iran false story, Drew. False story. Uh report suggests Iran is mulling a Hormuz scheme paid in Bitcoin. There's a little bit of bullishness and bearishness. There is something to this, but don't trust screenshots of that website. Iran is reportedly considering a plan to exercise control over the Straight Hormuz through an insurance-based model. some speculating based off an unverified ba uh website that it could be paid in Bitcoin. Bars News Agency, Iranian news outlet closely associated with the IRGC, reported that the Iranian Ministry of Economic Affairs plans to manage the strait through insurance, citing a state document it obtained. However, other reports say Iran is looking to take payments for the insurance in Bitcoin through a website called Hormuz Safe. the widely circulated screenshot of the site selling secure digital insurance for maritime cargo. You see a screenshot of it right there. There is no guarantee that Iran will go ahead with the insurance proposal and the website purporting to offer this could be fake. Drew, the website is now down at the time of writing. To me, this is like 95% odds is a fake website.
>> Yeah, I mean, you know, we could speculate they could pay for oil shipments and Pokemon cards, too, and we could put out an article like that. It's a potential. Um, you know, this is the whole thing with paying for oil transit cost in Bitcoin is an interesting concept. Um, I just don't see the finality time of Bitcoin being maybe f maybe it is fast enough, but there's a lot of big publications that put this out that might be eating their words.
>> I would say yes because cargo ships. What's 10 minutes?
>> True. They're moving kind of slow.
>> The 10 minutes I refer to as the Bitcoin block time.
>> Mhm. They are moving kind of slow. So maybe that does play into it. But, you know, I mean, if you have a bazooka aimed at you, you probably want that transaction to go through pretty quickly.
>> Yeah, but it's more like Austin Powers with the steamroller.
>> You know, you got time.
>> I wish we wouldn't get a copyright for showing that one. That would be a good image visual.
>> Good movie. Good movie. Uh, crypto ATM operator. This is not great news. Bitcoin Depot now files for bankruptcy months after leadership overhaul. NASDAQ listed crypto ATM operator. This isn't just some small outfit. They filed chapter 11 in Texas as mounting regulatory pressure and financial loss losses push the company toward an orderly shutdown. The filing was submitted in the SD of Texas and will allow the company to wind down operations under court supervision while selling off remaining assets. Company said his Bitcoin ATM network has already been taken offline while overseas operations including its Canada or Canadian entities will also be closed. Drew, I'm going to take the contrarian take on this. I think this is probably good in the long run because too many grand too many people are getting scammed. Yes. And just sending their money to scammers via Bitcoin ATM.
>> That's all I saw it being used for. Some poor grandma was like hunched over the ATM. I'm sorry. I'm trying to get it done. Do not press the button. You know, on the other side, like, are going to do the accent? I was like, am I going to do the accent? You did it for me, so I didn't have to. I'm tainer than you, so maybe it should have been me, Drew.
>> Yeah. And the cops are like, "Please hang up the phone, ma'am." And you know, it's just it's a mess. And honestly, I don't think that they help move Bitcoin into the zeitgeist of the average person. Like, the average person is kind of a fool at this point. So, um, you know, I don't think that this is a necessary part of the Bitcoin ecosystem, these paper trail uh, creation systems.
>> We are Trump stakes. Is that the Chuck Palinook like Fight Club style reference? We are all Billy's kidney or whatever. It's been a while since I've seen the movie or read the book. The book's great, by the way.
>> Speaking of steak, I'm going to get you to go to that steakhouse. Like, you got to try it out. They don't do as good as I do on a steak, I wouldn't say. But it's respectable and I can trust them to cook a steak. It's kind of hard to to trust someone to cook your steak. That's one of the more touchy subjects in life for me. So, shout out to you brothers.
>> Yeah. Well, I mean, at a restaurant, they you'd always say, "Hey, it's overcooked, undercooked." But are you the guy that doesn't like to return the food?
>> I am. Yes, I am that kind of guy. It's like they went through the process to do it. I don't I don't like wasting. And also, I don't like my kids wasting their food either. I always like buy them too much food. And I take home food everywhere I go, but I always take a little bit of each of their plates. You know what I mean? I hate wasting food. So, it is what it is. I don't know. I just
>> wast not good. Of course, we do waste a lot. We waste a lot. Most from the store to the table, not even from like shipping and, you know, logistics and stuff.
>> All right, let's get into the altcoins. And now, time for
>> put D's uh let's just put the predictions to to the to the scales here, you know?
>> Are we going to be
>> completely oblivious or are we going to be D Strous? I don't know. I think or is it going to be somewhere in the middle to start with ETH, we'll go through XRP, we'll go through hype. I wasn't watching the chat. Do people want to see the Cardano chart?
>> Uh, probably not, huh?
>> You know what? There's always like half of the crowd that doesn't mind seeing the Cardano charts. I would say that, you know, probably about half the crowd. The other half hates it. And, you know, people will come at us and say, you know, oh, you covered this coin or you did this or that. Um, you know, you're shilling the coin. And can I show a visual representation of what it looks like when we talk about an altcoin? Daisy, you ready for this?
>> Yeah. Yeah. I'm I'll probably pull up US oil people asking about.
>> This is the impact that we have when we shill an altcoin. Even if we're like super bullish on an altcoin,
>> this is the impact, right? A little bit of water on the already burning infrastructure if VC is taking profit from. So, it's always about timing when it comes to altcoins. And I think, you know, chart structurally strong charge altcoins matter a lot right now. I do feel that way. Um, because making a bunch of uh money in altcoins is doable. You just have to have the right timing.
>> Yeah, there's weak projects, dead projects, and there's strong projects. There's coins that are at support. There are coins that are at resistance. So, if you can find a strong project at support,
>> you know, that's where I would want to put my capital.
>> Absolutely. I mean, that's where the real money's at, man. So, I I want to see it. Let's do it.
>> All right. Let's start with ETH. ETH price forms a bearish Adam and Eve pattern. Will it crash under $2,000? Probably been a long time since we covered Adam and Eve chart. That's the Adam and Eve. It's I like to call it the turtle. You get the little bit of a head and you get the long shell there. So that's that's what they call the Adam and Eve. So ETH's on. But there's a couple other things here. Will it crash under 2K? Well, we got first institutional sentiment towards ETH has weakened considerably in recent sessions. They're basically just pointing to the data from ETFs. The ETFs are not looking good. ETFs have been in outflows for a little bit. Let's go straight to the source here. This is going to be so so value and h I mean Thursday wasn't terrible outflow of 5 million but then yeah we had $65 million outflow on Friday. So first ETFs are doing a lot of selling. That's number one. Number two top crypto market makers have started reducing exposure. Major trading firms such as Wintermute have offloaded nearly 40% of their holdings over the past few weeks adding additional sellside pressure to the market. Number three, onchain exchange flows have also turned increasingly bearish. Net ETH inflows into centralized exchanges recently climbed to their highest level since early 2025. That means holders are like depositing their ETH on a Coinbase on a Robin Hood, often a signal that traders may be preparing to sell tokens rather than hold them in private wallets. Meanwhile, rising inflation concerns and elevated oil prices have continued pressuring risk assets globally. And on the daily chart, ETH now appears to be forming the bearish Adam and Eve topping pattern. It's a technical structure that often signals a potential trend reversal following a failed recovery attempt here. And so we're just seeing a lot of a lot of things pointing to lower prices. Do want to look at US oil. Kind of skipped over that one.
>> Getting hot. It's getting hot. Eat is not the new oil. Oil is the new oil.
>> Tom Lee pointed this out. It's it's like everything. As oil is skyrocketing, risk assets are falling. Tech stocks are falling right now. There's uh
>> strong anti-correlation there. So, yeah. Uh oil on the Oh, that's five minute. What are we doing? Oh, one hour not looking that great either.
>> This is a great chart. What are you talking? It's looking if you're looking for upside. I mean,
>> yeah, if you're in oil,
>> this thing is great.
>> Let's look at our levels. Yeah, we're still just in this range. I probably I probably need to redo this because now this is starting to get pretty far away and so now the range is just too wide to really give any kind of good alpha. So, I'll I'll rechart some oil when I when I get some chance. Maybe some off time today. All right, let's go to the ETH chart. All right, time to check the DZ predictions here. Update. You know, 2400, then we rejected off the 100 day. That's what we were looking at over there. Uh, let me see here. For some reason, my EMAs don't pop up on this. Why this one gonna is this going to have the 20, the 50? Okay, here we go. So we rejected off the 100 day. Look back at I mean yeah I mean I can already tell. Yeah. Boom. That's we rejected right there. So we gave the prediction. All right. We rejected textbook resistance. Remember me you know I like looked at the 2hour uh right here. Boom boom boom boom boom. Just kept knocking against. Look guys this is textbook resistance there. Go to the daily. What was the next part? If it fall Oh. If it fails $2,100 target. And this is something that like goes back to Yeah. You boom. Yeah. Right here. That's where it started. You can see. All right. So, we had a little bit of a range. What did I say? I said 2100.
>> I mean, there's been a lot of price action there. Um, very very problemat. I mean, this is just like stair stair step down.
>> No way. Hold on.
>> Brutal. Brutal chart here.
>> No way. Oh my god, dude. I I promise. Look, when I started the show, the price wasn't even this low. So, you can't I mean, you've been looking at the screen. I'm not like moving levels to try to match my targets here. Uh $2,100 target. Our target hit, Drew.
>> Yeah.
>> Target hit very cleanly. question is does I mean looking at what are these 4hour candles this looks like just slight run up wash slight run up wash and it had none of the velocity Bitcoin did getting up into 80 83k like it was it didn't even break out of its channel at all you know so I don't know man ETH is uh it's looking grim I I think I have more fun for my own portfolio messing around with other altcoins other than this thing I still consider it an altcoin, too. So,
>> all right. Well, let's let's do a new prediction, Drew. How about that? Okay.
>> You ready for some live TA on ETH?
>> Let's do it.
>> All right. Well, it seemed to work out last time. So, let's see if we can keep the streak alive here.
>> Does look like this RSI is potentially trying to turn around. Drew, this one hour is looking, I would say, pretty good. Pretty good. Two hour
>> pretty good. Let's do the three. Why not?
>> Three hour also looking good. Should we do the money flow, Drew? You think it's going to bounce from here? Ah, that don't look great. That don't look great. Oh god, that don't look great. H, that don't look great. All right. All right. Well, the I mean, Mark aside for saying lower.
>> Yeah.
>> Oh my god. Did we just smash through this?
>> Yeah, dude. I mean, I think 1900 is absolutely within the cards, personally. you know, I think a rollover and it like we're not finding any sort of solid bounces as we're cutting into these channel uh moments on Bitcoin right now. So, you can have bulld
>> copper gold went
>> five months of like weekly bull div,
>> right? Everyone's just like it's going to pop now. It's going to pop now. got to, you know, it's just this is what happens in uh, you know, when you have like in general, I just don't think it's time for alts to run. ETH is an alt until you are past the red money flow and you've had a little bit of a death wobble and you're starting to actually go up in money flow on Bitcoin. That's where that's where altcoins get really exciting. Like, you know, we had a few weeks where these alts ran by, you know, 50 or 70%, some of them 100, but that whole move is probably going to get walked all the way back down. If ETH cannot find any support at two, you're good. You know,
>> that's the new range, y'all. That's the new range.
>> Okay.
>> Sometimes you just got to look and use your autism.
>> Yeah.
>> Where's the pattern?
>> Got to inject some T.
>> You got to do the Zack Galifanakis math in your mind for a second there. Actually, I was more like the confused lady that looks like busted Julia Roberts. I shouldn't say that. You know what? That's You know what? Busted Julia Roberts isn't a bad insult, right?
>> Uh, no. I mean, that's not bad.
>> Isn't she like 50 or something like, you know, I don't know how old she is. I'm going to look it up while you do this.
>> Uh, I I would keep keep an eye on this range. Yeah. Just pull out the parallel tool. Go to the top here. This is Thursday. So, I mean, it's a decent amount of data here. And this is going to be Sunday evening, Sunday afternoon. Draw straight across. If you move it straight down, boom, the bottom touch here. the bottom touch there kind of a little bit into that range right there. I like I like a bounce here. I like a bounce. So, let's put a little prediction here. Little lower. I don't know if it's going to play out, but that's what I'm feeling in the tea leaves. Drew.
>> Yeah. And what we're seeing is like on this recent attempt at defense, ETH did have ability to pop a little bit, right? Like the other shelves had zero buoyancy. Um, but I mean these are kind of just basic stair steps to the downside, you know what I mean? If you're looking at this. So,
>> thank you, Patton. Julie Roberts is 58 years old now.
>> That's my pop. So, he's going to get mad at me for for, you know, say I'm kind of getting old, too. I'm almost 40. I am nearly half a century old, so I can start talking [ __ ] So, you know, it's it's okay to get older, I think, as long as you enjoy it. You know what I mean? People that can't enjoy their
>> Andocchrome. All right, let's move forward here. All right, so our ETH predictions played out beautifully. I just gave you some new ones. I'm not saying take it to the bank, but you know, uh, this is kind of what I'm seeing here. Next up, Goldman Sachs exited XRP and Salana ETF positions in Q1. But Drew, I want you to guess in chat, I want you to guess they did add exposure to an altcoin. They trimmed a few, they added one. What is the altcoin Goldman Sachs bought more of in Q1?
>> Chain link. Is it chain link?
>> Good guess, but no. Okay,
>> that is a good guess though. I do like that guess.
>> Yeah,
>> any guesses here.
>> I I'm so curious what this is. Give us some guesses here. You got to give him guesses before he'll tell me. He literally will not tell me.
>> Oh, I'll keep it on the screen for 18 hours. I'll do a Jerry Lee Lewis marathon.
>> Oh, people are guessing Ada Cardano.
>> Wasn't ADA? Wasn't it? They didn't get cheese futures. I don't know if that's what you meant by that. Charles got it right. Canton's a good guess. Ono's not bad either. There's some good guesses. Wow. A te a slew of Andos. Uh the Jenny. Denny from the block from That's a good name. That's a good name. Not XRP. We're going to chart some XRP in a little bit. Uh it was hype. It was hype. Charles got it right. Chuck. Chuck was in luck. My name's Chuck and I came here to look at the hype chart, everybody. So, Gas X liquidates $154 million XRP positions via ETF, pivoting to the hyperlquid treasury. That's right. It's a zeroed out exposure to XRP ETFs. They locked in profits, closed a position worth about 154 m and they had funds in Bitwise, Gayscale, Franklin, Templeton at 2121. Now inside their new crypto strategy, complete capitulation in Salana completely closed all positions there in Salana ETFs. ETH reduction exposure to ETH ETFs down 70%. Commitment to Bitcoin retain their allocation. So not really at neutral exposure to hyperlquid freedom capital was redirected into crypto infrastructure equities as the bank initiated a new position. They bought the Hyperlquid Strategies Inc. per we covered in the past only about three million but they now hold 20 million hype tokens. The entity itself I assume they mean Goldman Sachs position there. Now I don't know Tristan Thompson for you sports heads out there. 575K. You know who he plays for? Is he even playing still?
>> No, I don't know. I'm just getting back into watching basketball. like the Nuggets in the playoffs kind of got me interested in watching basketball again. So, I'm still kind of getting the uh the feel for Who is Tristan Thompson? Who Who do you play for? Just click on him.
>> I'm scared. He's an NBA player.
>> They have bad reputations.
>> Oh god.
>> Cleveland Cavaliers.
>> All right, there we go. Yeah, I actually watched their game a little bit last night. Shout out.
>> I like that. I like that. He's chilling.
>> Yeah, he's he's
>> November 17th, 2025. November 17th, 2025.
>> It was in fact not the last time you could buy at those levels.
>> No, it's been on sale for a long time there.
>> At least we know he's one of us. Hopeful romantic, huh?
>> Yeah. Yeah. His heart's in the right place, you know. His He's got the heart of a bull.
>> Yeah. Not some weird insider at a diddy party. That's good.
>> Uh is he I I know. I've heard, again, I don't watch too much sports these days, but uh if if I've heard of him, I'm assuming he's fairly decent there. All right, we're going to chart XRP. We're going to chart Salana, but first we're going to chart Hyperlid. We throw out a lot of Hyperlid uh predictions here. Oh, let me hide my alpha. I wrote that up this morning, so that's not an old prediction. These are the old predictions here.
>> $45 resistance. Check. $40 support. These are 4hour candles. Check.
>> Definite check.
>> 4our double dipped and bounce.
>> Check. Now, in case you were wondering, uh, that's the triple, but we got the double. I was just pointing out that it normally looks like the Batman signal when we're at a bottom. You get the little double V. You get it? That's just how it works out. I don't, again, I'm just a pattern. Remember, I'm a pattern recognition guy. We just saw
A pattern. We saw it play out. 4-hour double dip, then bounce. Check. So, everything came to fruition here. So, the next step is what are we going to see? Here are my predictions here. Uh, my wife is calling.
"Are we serious?"
"Yeah. Yeah." And she she hung up quickly, so I'm guessing it's a pocket dial. She'll text me if it's important.
"Oh, I'll do I'll do the call on air."
"Oh god, please don't."
"Yeah. All right. Hard to predict post Goldman Sachs." Pause. What do I mean by that? I think that manipulation's going to be to the upside. I think the price has a higher odds of being manipulated. I think there's not by Goldman Sachs directly, but I think there's a higher probability we see market makers.
"Yeah. Okay."
"Market makers enter the arena."
"Okay. Well, Hyperliquid is also playing out. You know what what I saw on that chart looking at this chart is the upside swings and where it finds support. It is acting extremely vicious on those comeback uh comeback meadows, right? Like hitting that bottom end of the channel. Uh I think it was at the end of last week, that thing absolutely ripped. It ran up by like 12%."
"He was married to Kardashian. There's lore here."
"Whoa."
"He cheated on Khloe like eight times and has 20 kids from all different mothers."
"All right, let's not paint a broad stroke on NBA players, but"
"That's I guess that's typical. That's typical. Okay. All right. Yeah, that's probably why I guess he crossed over into pop culture there a little bit."
"Yeah, you got to, you know, you got to got to make yourself bigger than NBA. You got to be able to do something after it's done, you know."
"All right. So, hard to predict post Goldman Sachs. Why market makers? But, but all caps Trump butt. But, but I like a bounce at the midway point of a new parallel range. If, however, we go above the parallel range, I like a retest of the top before a bigger rally to $50. And so I guess I'm kind of, you know, hedging my bets, but I would say they're fairly good predictions here. I think it's either going to be something like that,"
"but if Bitcoin can pump and, you know, who knows what's going to happen to the trader moves, I would expect a retest before we would reject off $50, maybe like 51. So that's where that's kind of what I'm seeing the two different scenarios. Let's just say, Drew, this is scenario A. This is scenario B. And I'll give you scenario C. Bottom of the range."
"A, B, or C, chat. A, B, or C, Drew. A, B, or C. What are we going to do?"
"I'm voting A. I'm voting A for sure. I'm voting a little bit of uh"
"I'm feeling A, too."
"Are you?"
"Yeah. Yeah. And can we go?"
"That's why I led with that prediction."
"Go to uh the weekly real quick so we can see where the uh blowoff top was just on its initial"
"at the $60 psychological level."
"Okay. Okay. You know, it's doing all this. I mean, it's almost like if you're looking at it from a larger perspective, it's almost like a some sort of bull flag that it's building up, you know, or cup and handle."
"C. Okay. Now,"
"D goes to 30."
"Goes to 30 bucks."
"Hey, I've never said it was bouncing at C. I never said it was going to bounce there. All right. So, C."
"A lot of people uh a lot of people bearish. Do Canton TA. I guess that's a good segue. Hype not bad. Canton's been holding up pretty good. It hit like 18 cents or something last week."
"Is like CCC US CCC USD. Okay. You're trying to find it. Uhoh."
"Plus, my prediction is we're going to go down. So, warning, bounce off the bottom trend line. My prediction saying the bottom trend line. I I don't I'm not ready to jump on that train just yet because I want to confirm."
"And so this to me isn't confirmed. We need to close one or two dailies below this top white line before I'm So I'm not saying, 'Oh, we're going straight to the bottom one. Let me get a little more confirmation.' But that's what I'm looking at on Canton. Do we like at least bounce off this on the one hour?"
"Yeah. Yeah. Yeah. Yeah. Okay. That makes me feel a little better."
"Yeah. And do you still have CoinMarketCap up? Let's go check out the I mean, because there are some"
"still loading"
"that coin that's ridiculous. CoinCoinGecko is dead to me. Um CoinMarketCap has a couple deals going on on projects that I actually like."
"What you want to look on here?"
"Well, on the losers for the 24h hour um just over the last 24 hours, the biggest losers I'm seeing Morpho is coming down near that $150 um additional entry point spot like a$125 to a$150. I like on Morpho. Tao is another project I really like that, you know, we are in the $200 range. I'm I'm hopeful to find something in the, you know, $200 range to add more for uh, you know, potential towo."
"Oh god, what do we got here? Big"
"chart in a while. I mean, that's just such a strong move right there."
"Now, I could kind of already tell it's it's going to fail. There's rules to the game. a bare flag or a bull flag, the flag should not go past 50% of the poll. If you watch this weekend's video, I did a little bit of an explanation on that, and you can see we are past it. Now, it doesn't say it's no longer valid, but it lowers the odds. Normally, if you could stay above this, you have uh 72% odds of going higher. This is not looking that way. So, now I'm like kind of close to 50/50 here. Let's see. Let's uh back up."
"We almost have a range on like the hourly."
"Yeah. And I remember there were some there were some shelves created when originally came out. I can't remember if it was like"
"Yeah. It was like 20 25 cents. But this thing looks like it's headed back down to basically the range of a quarter. If it can hold there, awesome. Um but it's sliding downhill real hard. A lot of profit taking. So, you know, um"
"floing around like a snake at the midway point here."
"Yeah. Trying to f defend itself up there. It was a hell of a move that it had a a week or two ago. It was a hell of a move. I should have left that short in from 48 cents. Dude, I had a big trade that I made some good money on shorting ono at like 48 cents. Golly, this is the after the fact moon math that kills you sometimes when you're a trader. What's strategy looking like? Are we the strategy front runs Bitcoin usually? Let me see here."
"Not great."
"Uh that's today's open. Not great. Like I said, they're wondering though, is this good DCA target?"
"I mean, it might be coming down to our level that we gave you"
"that midpoint of the W pattern."
"150 strong psychological point, too."
"Yeah."
"Uh, there's some gaps here way back in the day. I don't think it goes back further than that. No, it doesn't. But uh if we lose that, yeah, check the bottom trend line. DCA. I mean, maybe 10% of your position, like of the cash that you do want to spend. I like going a little bit more like 30 40% here. And I would want to wait for the 70 60% until here. Unless you're just like, 'I need it. I need it, I need it,' and then do maybe like a a 20%, 40%, 40%, or maybe 20%, 30%, 50%. That's what I would be looking at. If you're looking to DCA in a micro strategy, uh that's that'd be my that'd be my plan."
"Okay. Yeah. Um it seems that strategy chart often kind of front runs Bitcoin by just a slight degree. Looking at this Bitcoin chart, just from the trading day in the market open, there is not much bounce uh to be found in Bitcoin yet. So like larger liquidation levels are probably going to need to be watched um if we're trading in here uh because you know there is uh a lot of people that are going to be hurt. Um, right around like $75,000 is originally what I was feeling and we are cooking towards that."
"I'll go to the Bitcoin chart, but we do have I hurt myself. Uh, Ricky ticky ticky, how low can it go? Price prediction here. All right, since you did a little $2 super chat, we do a little extra TA. So, what is the white line? The white line goes all the way back to 2021. You can see we had a nice little blowoff top. Everybody was super excited. You know, he talked to Elon in December. Uh, but then boom, reject, boom, reject. That became our line in the sand. Look how quickly we move past it. But look how quickly we retest it. Literally two days later. Two days later. And then we retested again. Retest it again. This to me clearly a strong level of support. And you see, boom, we came down to it. What did we do? We couldn't even close below it. I mean, we did technically close below, but we couldn't close a whole candle below it. Shot above it the next day. Flirted with disaster again one more time. And so how low can it go? I I have a hard time believing it can go below this white line. And if it does, I mean, at that point, what happened? Max chaos. Uh, people will lose their mind on strategy and really try to bury them uh in headlines if it does. But that that support level, that white trend line is probably going to be its uh Helm's Deep defense point. But you know, we might check it out if we go to the bottom of this range, right? And uh, we are slicing. Look at this market open so far today. And uh, you know, seeing this we gapped down on the S&P this morning as well. So, you know,"
"I mean, if you're doing a scalp long like a a fivem minute position, an hour long position, I don't hate the bulls on the five."
"Uh, let's see. I mean, although if you if you're like, 'Oh, the Bulldogs are printing.' Got sliced. They sliced your face wide open, man. You look like the Joker or something. You look like Heath Ledger after the Olsson twin left his apartment."
"What the Sorry, I don't know what's wrong with me on that one, but too soon, Heath. I love a Night's Tale. All right, but yeah. I mean, so this could easily slice down. So, I'm not saying like, oh, open a long here. what I would do if you're really like itching for something and then I'm going to show you guys a new way to potentially earn a major major airdrop right after this. Go to the Bitcoin. Let's go to the 12 hour. See, did we slice through some stuff?"
"Uh we we did, but we're not done. We did, but we have more levels."
"This is 756."
"This one doesn't these don't have to play out. These don't have to play out. What can render this inert or you know make it obsolete is people start getting a little bit greedy and you see uh more and more here but I mean these are going to be short. So I mean shouldn't really I don't I'm have such a bull psychology I have a hard time imagine like now I'm going to short Bitcoin but there's a lot of people who are going to now short Bitcoin because they're going to be breakout traders. So there we go. There's your little uh if you're trying to long."
"We need to talk about this. What was Heath Ledger's best movie? Some This dude saying Nights Tale. I can't get over the Batman."
"Dark Knight, right?"
"Yeah. I would I would think The Dark Knight."
"If you're a woman, 10 Things I Hate About You."
"No. Is that the Matthew McConnA one? What's the one where he's the guy that turns the nerd into the beautiful woman?"
"I can look it up in the background. Um I I'm voting uh Batman, though. That's That's definitely what I feel. And then chat's going to know what you're talking about. Heath Ledger, Gone Too, man. Great actor. great actor."
"Uh, Night Sale is a great movie. I grew up in Wilmington and a black knight had like such a black cloud over the filming of it. That's the one where Martin Lawrence, this is he's a time traveler."
"He goes back in the med medeval times. They say he was like literally the worst guy to work around. Uh, nice tale. 10 Things I Hate about you. It was 10 Things. So, what's the Matthew M? Oh, Matthew McConna is failure to launch."
"Oh, yeah. Yeah, yeah, yeah. Good romcom."
"Uh, yeah. There's a horse in there. All right. Oh, sorry. Sarah Jessica Parker joke. Are you guys ready for the alpha the new hot Hyperliquid?"
"I'm ready. I'm I'm I love Hyperliquid."
"We were talking What was the average airdrop for the Hyperliquid trader?"
"Oh, is it like what do you say like 80,000 or something like that?"
"It might have been even I think it was $114,000."
"Jesus. And the average trader for Hyperliquid. That's crazy."
"Yeah. Not the mean though, but yeah, the average average airdrop allocation."
"Okay,"
"hype was phenomenal. This one though is closed, but this one is getting pushed and it's getting pushed hard by all the elites in the Solana ecosystem. This is going to be what Aster was to CZ. This is what it is to to like really gone into wolf mode lately. He is tweeting incessantly. He's bull posting all all about this. So, this is where it hit my radar. Hey, Tuli, the founder, co-founder, but you know, founder, uh, the guy who runs Solana, you should try Phoenix Trade. All right, I saw that. And then I was like, well, does he talk about it, you know, prior or anymore? Well, yeah, he's like quote tweeting it. So, I've been trading on Hyperliquid since '23. Caught the TG airdrop, blocked 50 million total volume using no bots, not small for an individual. It's literally where I won big. So, I have zero hate for the community. Now, I'm trading on both Hyperliquid and Phoenix Trade. actually don't think we necessarily need one to kill the other, but I absolutely want to see uh secure top position in the per sector because the onboarding and the user experience. I did use it. It's actually pretty decent here. Solana does this seamlessly, especially with how universal centralized exchanges support direct Solana Rails today. Solana ecosystem growth, plain and simple. He's building on Solana. What's the ultimate goal of a competition like this? If it's for social exposure, fair enough. But at the end of the day, I want to see deeper features on Phoenix. Okay, he's talking about it there. Uh, you got a lot of money. You got a lot of money if you trade on Hyperliquid early. But like I said, Phoenix is closed and you need a VPN. So I went to it. I was like, 'Oh my god, I got to check this out.' Drew went in. It was like, 'All right, you need a VPN.' Okay. All right. So put on the VPN. Went to go trade. Sorry. You need a code."
"Really?"
"If Yeah."
"Okay."
"It's the invite only."
"All right."
"That is the way you can make the real airdrops though. That means it's gated to say 10,000 traders versus a 100,000, 1 million, or 100,000 people with 2 million total accounts cuz they're opening different wallets. So now you have this gate cap. But Drew,"
"I got a I got a code for the Disco fam."
"You do?"
"I got a code for you and everybody else. It is in the description. Uh, let me see. I can pull it up. Yeah, let me see this. I'm going to be getting after this. I love these types of plays. You know, it's a bare market, but I think uh Dex plays are always something that have been interesting to uh to get involved with. So, uh, let me see what we got here."
"Yeah. Share screen. All right. Boom. More Phoenix referral code. I got us a code everybody. We do have a code. So, now you are able to trade on Phoenix. Uh, so, if you go there, you have to do it. This one's over. They did have a code. So, they're doing like little things like, 'All right, this one's good for 24 hours. So, if you jumped in soon enough, good. But guess what? That one's already too late.' You can already tell by that because it's not saying 17 hours or 18 hours. So, that code's done. But use the code in our description. And I don't know how long it's going to last. I'm not trying to create some FOMO, but uh maybe jump on and sign. I don't even I I should have done more due diligence. It might be like limited to 10. Did you sign up?"
"Not yet. Not yet."
"Beat Drew. No, I'm just kidding. Give Drew a spot. All right. give you a respon. I don't know if it's like capped at 10, capped at 100, but I put a code down there for the Disco fam. So, if you guys want to maybe potentially try out something new that could potentially lead to an airdrop,"
"Hyperliquid was $114,000."
"Yeah. I can't get over the fact that Avalanche is now $9. Again, that's over your shoulder. These the ticker box behind you, ADA is at 24 cents. These"
"Oh, yeah. Let's go. Yeah, let's look at a uh ADA after we look at AVAC here."
"You're getting shellacked right now."
"Oh, we're falling."
"Came right to our level. We bounced off it yesterday. Let's just checking the bottom. Nothing crazy here. Just kind of connecting. Not looking great. Not looking great. We tried to hold it. Tried. I'm I'm trying, Grandpa. And it is falling. It's falling here. Did we get a lower high? We did slightly. That's not great either."
"Looking grim."
"The sellers were ready to take those profits."
"Yeah. And there's like on Avalanche, man. Like if you lose eight bucks, it's a fast ride to three on it, you know. So don't It's not that this is an altcoin that's just because it's been around for a while that it's going to guaranteed hold, you know, this channel that it's in because, you know, it's a quick ride if if it loses eight bucks. Let's see what Cardano looks like here."
"Well, what did we say? Trend line two failed. Watch for the retest. You can see it failed there. Uh, yeah, we I mean, we tried to be bullish, but then what is this? This is Wednesday. This is Thursday. This is Friday. So I'm you know last week we're like look it failed. I'm watching the retest even though you know it's trying. I'm like I don't know. I'm feeling the retest here. Uh, we are not quite there yet. Getting close though."
"Jeez Louise."
"How far away are we? Uh, we got 246 242. Okay. So, you know, we're looking at less than half a penny. Less than half a penny from our area. So, you know, maybe you could probably wait, but what's a half a penny if you're like super just got to get into it?"
"Let's talk about a weird altcoin that's not really an altcoin, but it's kind of an altcoin. SpaceX pre-IPO shares."
"You know, I've been hearing a lot about the SpaceX IPO. Um,"
"now do you remember the scandal last week? Was it OpenAI and Anthropic? Remember they're like, 'Oh, yeah, those d those on-chain shares. We're going to revoke those company shares.'"
"Yes."
"And they plummeted."
"Yeah,"
"this is different."
"Okay. Okay."
"This is different though. So, hype popped 7%. It beat Bitcoin declines as SpaceX pre-IPO lands on Hyperliquid. What's the difference here? So, Trade XYZ, that's the kind of like the side company of Hyperliquid that puts up those trading pairs, adds the liquidity, etc. Uh, space or SPCX, SpaceX USDC trading pair. It's a pre-IPO perpetual futures contract. Remember that perpetual futures tracking the market implied price of Elon Musk own SpaceX common stock on Hyperliquid. So launch with $150 that was going to give it a $1.78 trillion valuation and that's you know just based off the number of shares sits inside the 1.75 to 2 trillion range that's being targeted here. SpaceX funnily enough does hold decent amount of Bitcoin 8200. Now the Hyperliquid altcoin spiked to 216 within an hours of launch end up settling at 202 market drew 33 million in 24-hour volume. So, you know, decent volume here, but remember, it's a synthetic perpetual means no SpaceX shares change hands. Traders bet on the implied price of the underlying stock. So, this isn't a company trying to sell you shares. This is a derivatives. So, they're like purposely saying, yeah, it's not trying to be the equivalent. This is like a derivative. You know, it's like you're almost uh like a video game, I guess. Now, Anthropic and Open uh AI's tokenized stock product crashed 50% after both companies issued warnings that transfer of their shares through the spa vehicles or tokenized instruments void under their bylaws. So, how is the SpaceX one different? Well, that relied on these special purpose acquisition vehicles holding actual shares, which is the C structure that the company says invalid. A synthetic perpetual like the SpaceX one has no underlying shares which mean there's nothing for the private company to invalidate. It's the first of what they said will be a series of pre-IPO perpetual markets on the platform."
"H well are you going to trade this? Like I I"
"man that's the million dollar. I I like volatility, but this sounds insane to me. And like the fact that it's near a$2 trillion dollar valuation, you know, or they're saying that it is right now. I don't know. This is a it's either, you know, this IPO is going to mark that top that you you had said that a few weeks ago and that definitely stuck with me. Um or you know, it's the beginning of a new age where tech stocks tech stocks truly absorb you know, a vast majority of the value on the market. Um"
"I'll look into that. I'll look into that. I don't see a a model where they succeed without one if I'm going to be honest."
"Yeah. No to it. That's great. I I haven't I haven't really really looked into it. I I just honestly I was just trying to get you guys a code by the time we went live."
"M yeah and you know sometimes the airdrop of a token even if there is a planned airdrop of a token the companies delay it in a bare market because they don't want to release it into a bad environment you know what I mean so sometimes you have to be way more patient than you want to be on those types of things"
"you could also be waiting for Clarity Act before they really have strong comms on whether or not they do or don't"
"true and Hyperliquid the token came out it was released when the times were real good um you know kind of the hype uh hype was there for Bitcoin we're above 100K times were good wine was flowing different environment now let's smash the likes everybody thank you Greenday profit there smash those likes let's get those likes up everybody all right now you're ready for some more altcoin stuff we have one of those dubious articles saying $15 XRP Drew would it surprise you it's a log chart that's what it is every every time you see someone using a log chart on a altcoin, delete them. Like there is no reason to follow log charts on altcoins. I just they drive me insane."
"So they look at basically the the Trump election pump and the lowest point right before the pump. It's this little wick here like June or July. And then let's look at the prices. You know, basically it's 30 some odd cents and it goes pretty much does a 10x or you know what I mean? and it's like $3 and some change. They look at this, but because they're using a log chart, when they move it over here, it goes above $10. In fact, they're saying $15, depending on how you look at it here. Do not listen to it. Like Drew said, block the people that are using log for TA."
"Please,"
"they're trying to they're just engagement farming."
"Yeah. Like, do we really think XRP is going to just skyrocket to half the value of SpaceX in the blink of an eye over the course of a month? You don't get how it works, Drew."
"Dude, I do. And the burn mag the amount of XRP that's burned in a transaction is so small. You need to move like tens of trillions of dollars to substantially move the price anywhere, right? It's a fraction of a penny. Um, you know, it's all speculation and stuff. And you know, the XRP guy at the gym, he wasn't looking too hot this morning. He was not looking too hot from this trade. you know, IT'S LIKE WE'RE BACK last week and uh it's a little bit different vibe today. Looks like it's sliding downhill. So,"
"yeah, looking at the 4-hour RSI, you can see we had that little trend line from the tops and it came down and acted as support and then dipped below and popped above dip below. Then we had a really sweep uh all the leverage traders right there came to our long long-term uh prediction I wanted to say here. Where's this coming? Okay, this is the trend lines from going way back. Wow. Actually, I didn't realize. Okay, so this is going all the way back to July of 2025. We actually wked up to that like very very quickly, but also very weakly. And that pretty close to a topping tail, but not much or not quite. Pretty close to a bearish engulfing candle, but you know, not quite. Pretty close to a dogee reversal candle, just in the wrong spot. There's like a lot of like omo signs of no, there's a strong reversal coming. You put all three of them together, kind of adds up to a strong reversal. And what do I have? 4-hour RSI held. Bull on the 1-hour candle does no longer look. Oh, the Nope. Nope. No longer. Did we get that bull div? How'd that play out? Here's the bull div. Where was I? I don't even Okay, right around here. It did not. It barely held then just started dumping. But yeah, I mean, we're trying to do a bull div on the 1-hour, but yeah, I'm I'm on a wait to see mode. I would actually like to look at the liquidation heat map for XRP. A lot of people betting against it."
"Couple levels. Got a couple sweep a couple levels. You got to sweep the leg."
"Yeah. I I want more volatility out of a memecoin personally, right? If I'm buying a memecoin like XRP, I want to be able to"
"a memecoin."
"Yeah. Like it's it's turned into a meme for me. It's definitely turned into a meme. There's power in cults and memes, but um, you know, it's just it's something that I can never talk people off the ledge of hodling till it goes lower. And so it'll probably hold a decent amount at a dollar. But these a lot of these altcoins are going to be vibe checked if there's actual support at their structural floors soon, if not right now. Um, you know, so just be aware of that. It's going to get grim."
"All right. Oh, yeah. Maybe maybe a little bit of a a falling wedge."
"Yeah, falling wedges are bullish, Drew. Yeah. I' I'd I' I'd back up on that wedge, though. Like, uh, the trend line, the gold trend line that you have, um"
"you know, the a lot of the larger time frames I feel like are Yeah, the macro the macro is still there. Yeah. Yeah. We're so far away from the bottom orange line, couldn't even really see it. But yeah, we do have a macro. Uh, but again, a falling wedge is bullish."
"True. True. So yeah, like that's what I'm looking for like a dollar10 to get tested and that to be the moment where if you must if I must, let's say I drank a bunch of beer and decided that XRP was the future of finance. That's where I'd be looking for a$110 maybe a dollar b dollar flat to uh to get a bag of it. But I'm not going to do it. Um, just if and I were."
"All right, let me put on my Dr. Phil bald cap. Oh, it's already there. Uh, the psychology of a falling wedge because it does look weird like, wait a minute, this thing pointing down is bullish. I don't even know how that makes sense. Well, what it's showing is the sellers, you know, they keep they keep uh, you know, goes up, they keep selling, they keep selling, they keep selling."
"But by sellers, do you mean Ripple or"
"All right, All right. Too soon. Too soon. But the buyers, they don't let it get pushed down as much. And so because they're, let's just say, a stronger line, right? Because they're like, you know, they're like warriors. They are stronger than the weak-handed sellers. Yeah. I don't know how weak Ripple is. I mean, they came out with 80% of the supply to begin with, right? They got a pretty good fancy bag. And it's just a systemic process. And this is something that is really gross about some altcoins is that it has foundational uh players in it that are just willing to sell it all the way downhill. That's that's really what's killing AVAC right now too, right? It's it's the foundation is just"
"California DMV. It means nothing."
"Really? Wait, Gavin Newsom can't even build a high-speed rail. What the heck is he going to do to overhaul the DMV?"
"Oh, I listened a little bit. Who's the guy that's running for mayor? That's like"
"Spencer Pratt. I I adore Spencer Pratt. He He's for dogs and cleaning up the sidewalks in front of schools from homeless encampments"
"so children don't have to see people clean their genitals on the sidewalk. How can you be against that?"
"Yeah. I I was listening to uh I think it was Dylan was talking about him. They're going to have a reality TV show continue to film if he wins that mayoral spot. They're g This is literally going to be like a mayor on air with inside looks of his process as a mayor on television. It's going to be very interesting to see. But I, you know, rip to LA. RIP to LA. It was a good spot once upon a time, but"
"you're cooked."
"All right, let's look at Solana. Uh, he he I I do root for that guy. I do hope he wins. I will say I watched the governor race debate for Georgia"
"for the the primary on the on the right side and I was just so disappointed with the candidates. I was like this is who we have to work with. But uh let's look at Solana. What do we have here? We had rejected off the target zone. So we gave you the target zone. What do we do? We end up failing. I said watch for the $85 retest. This prediction actually may be one of the This is probably my worst prediction because we went to 84 instead of 85 and we are trying to fall below this parallel range. But all the other predictions pretty spot-on. But I mean, we did nail the the re rejection there. But you jumped in on along on Solana. You know, I do apologize. I don't think too many of you did though. Uh, you know, let's see. Could you have seen some signs that that wasn't going to be wise? One bull. I mean, like Drew says, you normally want to wait for a couple."
"Yeah."
"Yeah. We don't we don't even have bulls on the 4-hour yet. I'm looking for like lower high 60s, you know, high 60s are a good spot Solana entry for me. Um, you know, I I think that Solana's when you back up and look at the Solana chart in general from inception to where it's at now, it's one of the few larger altcoins that actually created a new high in the last bull market."
"Yeah. And it's not Solana's kind of cool because it's got the meme market cornered. It's also got AI agent infrastructure on it. So, it's coming at it from a few different angles here. Um, so I do like Solana still. It's just, you know, it's it's an altcoin in a bare market. So, it's going to get beat down."
"We just slice through this thing like it wasn't even there."
"Like, is there a I mean, is there an actual trend line or I just threw some lines on there blindly? No, this is clearly a trend line. Okay. Yeah, you just said what trend line."
"Yeah, maybe that's the new resistance point for Sui. Oh,"
"okay. You go to the 1-hour. Okay. Okay. Yeah, you go to the 1-hour. You see it tested it. It knocked on the door a couple times. Okay. Again, I feel a little bit better now. I was like, do I not know how to do TA? No, it's there, but I just the moves are so violent on the daily. You don't even see any kind of pop. Oh, yeah. You see the wicks there. Okay, never mind. I'm just a little blind. H looking at this. Are we starting to turn around? Doesn't look great on the daily. Okay, now we actually do have a bear div on the 4-hour. Okay. So, I'm a little more bullish on SU than I am Solana."
"Oh, yeah. Yeah. It's a smaller market cap. It's in the It's the new Solana narrative, right? Uh, because there's going to be that narrative going on. Um, SW I don't know some of the tokconomics. It's got to make some big moves market capwise to really uh to give me some good X's if I do buy it in this bare market. I am considering it, you know, I am considering SUI for a buy and this like I was in on the test net of so I know a lot of the lore behind it."
"Johnny wouldn't shut up about it."
"Yeah, I know. Like it was fun when we were in the test net and it was like first coming out. It had good moves and then I think it ran to like four bucks or something like that. So, that was a great move last bull market, but um, you know, can it keep the hype up is what I'm wondering now. And, you know, it's I'm still I'm still undetermined if I'm going to buy more this time around. You know, because it's it's one of those things like Polygon was great in '21. It was terrible in '24 and '25."
"Yeah."
"For uh massive upside"
"and they have besides stablecoins one of the best crypto products market."
"Yeah."
"And still crickets. They're like, 'Yeah, yeah, we don't have to use Polygon anymore.' We're like, 'Okay, let's Should we just call it market at that point?'"
"Uh,"
"are you buying this? Are you buying? Sweet."
"No."
"No."
"Someone in the chat says 60 cents."
"60 cents."
"Uh, I think we find support at the bottom of this range before we just dump to 60. But I guess he's saying we got to sweep. I don't know where. Okay, we got to sweep a little bit around here. I can see that playing out as well."
"Yeah, I good, too."
"All right, folks. Well, I am starting to feel like death. Uh, I gotta rest some more. I I will share a little bit. I came in Friday. We just, you know, I wanted to make some content. Drew was uh, you know, fortunate enough. I had him cover the live stream or he covered the live stream for Discover Crypto here. I I needed to put out a video. I had 102 temperature. When I got home, I was feeling rough. So, I'm going to go home. I'm going to get my rest. Maybe do a little TA when I get home. And then I'll have some more fresh charts for you folks. But folks, that is the show. I had a wonderful time. I'll look more into Phoenix Trade. Check it out down below. Check out ZoomX. We still do have that contest. Drew. Drew, have you uh How's the two bit thing going?"
"It's going good. We're about to unlock uh 1,200 bucks on it and then we got two more days. I'm trying to cook it up. We're in the community were I think we could probably hit the two or $3,000 mark on it, but um we'll go after that. Divvy up those funds. We're doing a lot of trading in the Discord on it. And yeah,"
"big big shout out to Bitcoin IRA as well. Uh, if you want to check out Bitcoin and just using crypto as your retirement fund with some tax advantageous strategies that come along with the IRA ecosystem, check out Bitcoin IRA. We have a link down for below for you as well. Smoke, smash the like buttons on the way out, folks. I I I was mixing up smash and folks. Smokes smokes, smash the like button on the way out. I do appreciate it. I'm already like starting to sweat here. I'm about to faint. Uh, hit the like button or I'll give you HANA virus. We just wanted to take a quick second to shout out our sponsor, Arculus. They are a cold storage hardware wallet. Helps you secure all of your digital assets for the future. Just tap this thing to the back of your phone and boom, you're in. We wouldn't be able to do this without them, but also wouldn't be able to do this without you guys, the Disco Fam. You've supported us a lot over the years. If you want to support the channel now, just use the code DC20. It gets you 20% off this card. It's the number one way you can support this channel going forward. Thank you for your support. We'll see you at the top."