🚨 HUGE CLARITY ACT NEWS! - Why Altcoins Are PUMPING Today!

本站添加: 2026-06-04

[00:00:12]What is going on everybody? Welcome into the live show. We've got a whole lot to discuss here today. The Clarity Act getting some pretty big news. Now, there is some good stuff there. There's some absolute great news happening causing the odds of the Clarity Act to rise once again ever so slightly. But we also have some big news coming from Jamie Diamond, the CEO of JP Morgan. It sounds like he's not happy currently with the current language of the Clarity Act.

[00:00:40]What does that mean for the Clarity Act?

[00:00:42]Is it still on track to be passed by July 4th or do we just hit another roadblock? What does this mean for crypto going forward? Also, continuing negotiations go on between the United States and Iran. And while it does feel like they're potentially getting close to something because oil prices keep dropping, we still continue to hear mixed stories from United States officials and Iran officials. Also, certain altcoins having quite the day, getting a decent little pump here. We're going to cover all that and a whole lot more. So, make sure to watch all the way until the end. Leave your thoughts in the comments down below. I even put a poll in chat. If for some reason you're not looking at it, go vote in the poll right now. What happens first? Bitcoin hit some support here over the last day and a half. Will we see Bitcoin back above 80K next first or will we see it go sub 70K or does Jesus come back first before any of that stuff happens? In which case, we don't even need to worry about Bitcoin price anymore. What What do you think happens first? Let me know in the comments in the chat down below.

[00:01:37]Let's get into sharing the screen talking about the bubbles. We started to make sure we prioritize bubbles. Let me refresh this just to make sure this is up to date. There we go. Here's our bubbles for the day. You guys can see some some big gainers. Injectives up big. Hypes up big. Near, Algo, XLM, XMR, Jupiter, they're doing quite well. There is still more red than green, but overall we did see a little boost for the lot of the altcoin space here today.

[00:02:03]We're going to cover that uh and look at the charts for what's going on there.

[00:02:06]Let's move our bubbles back into place.

[00:02:08]But Bitcoin now, we're working our way back down actually as I'm live right here. We did jump back up as high as 74, like 100 give or take. I told you guys yesterday that I'm not out of my shorts, but I did take a second level of takeprofit. So, if you take a look at my trade, let's show you this one right here. Uh, this was the big trade that I was in from way back way way way back over here in May on May 15th, right? So, I went ahead and take I've taken two different levels of profits. This stop loss, by the way, is not up here. It's actually down here around 78,200. So, even if we jump back up, I'm going to end in profit as well. Um, but I got I took a second level of profit despite the fact that we haven't hit support just yet because let's go back to this chart because I like this one better.

[00:02:52]It's a little cleaner. We did start to get a couple of buy signals coming in here, right? We're in a bare trend, so I don't necessarily always pay attention to kryptonite, but I noticed the kryptonite indicator started giving me buys. Neurowave was getting me a buy uh here. And then even more so, look at the MACD. Like this is going to be the laggiest buy signal of oscillators that I use to get something going. But the MACD is in the process right now on the 4hour chart of the blue line crossing above the orange line. What is that? A bullish MACD cross.

[00:03:22]Why is this significant? Well, it doesn't tell me that we're about to shoot back up to 80K. What it tells me is in the current bare trend that we are in right now, right? Going back all the way over here to May 6, lower highs and lower lows, we have come back down to an area of support. That's very interesting. I'm just looking for a potential little loop and and then pump back up here. If I if I pull up my Smartpack toolkit right now, there's going to be a big order block here on the 4 hour chart if it loads for me.

[00:03:49]There you go. Big order block and Gazian band coming in here around $75,000.

[00:03:56]So, what does this mean? It means I think that we could get a little boost here. I would be looking either to add into my shorts or creating new ones. If we get sell signals back up at these levels, I'll be watching that 4 hour and 1 hour chart. The reason I'm not overly optimistic as we have come down towards support is because the daily chart is still not giving me any type of buy signal. In fact, we had this fake out buy signal. I told you guys a couple of days ago, I thought it would be a fake out. Hopefully, no one's still arguing with me today. Uh, we called that correctly here on the channel for you guys. Hopefully, none of you fell for it. And we've come down. The question is going to be, and I put a tweet out about this earlier, we're at decision point.

[00:04:33]Are we about to heavily defend this support level and make a major move back up again, hit 80K and above? Or are we kind of just kind of chopping right here and we're about to lose the support level and all of a sudden we're going to start having not just a sub 70K level?

[00:04:49]We're going to have that conversation about sub 60K as well. Cover it every single day here on the channel. Stay tuned for what's happening there. One of the reasons why we're pumping though is part of the news that we're going to discuss here today. Okay, but before we get into the news, I want to take a look at a couple of altcoins doing some very interesting things. Number one, for example, here is HAR. Now, HAR is back down here a little bit here today, right? We're not up where we were earlier. We got up as high as 9.5 cents earlier today, but I want to make sure we're clear on this. I'm going to be putting out a video tomorrow about updating our portfolio. What am I buying this week? What am I not buying this week? Why am I buying? How much am I buying? Tomorrow at 11:00 a.m., that's going to be coming out for you guys. But H bar dropped down to a new recent low.

[00:05:33]I mean, we didn't go as low as back in February, but we hit some lows we've been over the last couple of months, and we bounced back to the upside here pretty nicely. Um, so is this going to be sustained? What I think I love about this, take a look at the volume that's come in on these last two days. There's been some HAR buying going on here. Uh, this could be very big. Some daily buy signals. Unlike Bitcoin or Ethereum or others that don't have these buy signals, HAR has buy signals now across the board. MACD is heading bullish. My neurowave indicator gave me a buy signal yesterday. Uh the same day, Kryptonite gave me a buy signal. RSI jumped back above the 50 line. A lot of good things seen here on the daily chart. Now, you're going to come to the 4our chart.

[00:06:13]This is where you're going to start seeing some chop potentially. Um so, be on the lookout for a potential pullback.

[00:06:18]I could easily see H bar pulling back towards 8.6, six back towards this support level. Although that line is jacked up to begin with. Let me take a look there. Oh, it's because Okay, it's because we broke out of this and we we kind of had a manipulated pullback. I could still see us coming back down again towards 8.7 8.6 cents. But it does look like H bar is getting some momentum that the rest of the crypto space isn't necessarily flipping the script to another coin we talked about just the other day near protocol doing very well.

[00:06:45]And if you guys remember on this channel, I told you guys I drew this box live on the show. I said look for near to jump back somewhere between 246 to 230. Now it did wick all the way down to 227. I apologize. Didn't call it perfectly, but what happened was we got right in that level and the 4hour buy signal started to come in on near. Why is this significant? Remember I talked about Bitcoin and then you take a look at a lot of this crypto space. Let's look at Bitcoin specifically again.

[00:07:12]Bitcoin's been in a bare trend on the 4 hour chart. So it is it is heading down near on the other hand when you look at the 4 hour chart has been bullish here going all the way back over here into April 1st. Right? We have been putting in higher highs and higher lows. So when I look at this and I see a 4hour buy signal instead of being like yeah cool but you know it doesn't really matter.

[00:07:35]This actually is super important level to watch as we're close to the 50 on the RSI. We're getting these body levels coming in. This is a sign that we probably do want to come up at least back to $3 if not higher than this as well to continue this bull trend. We'll wait and see exactly how it works out.

[00:07:52]But right now, I told people the other day, don't be looking for shorts on near. Look for pullbacks, potential buys. Well, at the moment, it is looking like that is right in order until I see some overwhelming bearishness on the daily chart, which is not coming in here. Yeah, you had this sell signal on kryptonite, but kryptonite again is trying to go against the trend. It's not really good there. We got to see if I get confirmation of a sell from the MACD and from Neurowave. I'll let our VIP trading group know. But right now, there's no major bearish divergence.

[00:08:21]We're in a bull trend. We did hit a level of resistance, but this formation still suggests a move closer to 429 could be on the table for near. It continues its pump here today. Um, there was another one. What did I have? the third one I had up there. Um, well, let's just show this one just because even though it's not the one I had, Injective making a big big move today. I did look at this though with the VIP trading group earlier. I'll show you what I showed them early today at noon.

[00:08:47]But as as impressive as this Injective rally has looked, it hasn't changed anything fundamentally for a long-term perspective. We're still in a pretty bad bare trend. The difference is though, it took us right up to a clean level of resistance. And you'll notice here, we had some big volume about two weeks ago, but as we're making this big move today, the volume isn't necessarily as impressive. So, low volume as we get into that resistance level. Not what you're looking for to continue this move. Um, we have ignored bearish calls here from a couple weeks ago. But again, you're in a perfect spot now with lower highs in the RSI, higher high, sorry.

[00:09:25]Yeah, lower highs in the RSI, higher highs on price action. you're in a perfect spot to be on the lookout for a 4hour bearish divergence at resistance level. I think if I come over here to the 4 hour chart, it's not there yet, but we're starting to see some reversal calls start to come in on the 4 hour as well. So, I'm keeping my eye on Injective. This is one I'll go ahead and tell you I'm not in a short on it in a moment, but I I'll tell my VIP trading group this is one I would have my eyes prepared. I'd be watching this chart for a potential short setup on Injective.

[00:09:54]Different than near. I would I be looking instead of breaking out, I'd be looking for a short. Now, I I say all that if we break above this red line, if we break above 692 and we get some volume coming in on doing it, flip the script. This is a big breakout. This is a sign of real strength. We could see something big come. But at the moment, I'm I'm just trying to stress to you guys, you might look at Injective and say, "Man, Tim, Injective is just climbing." I mean, it's one of the the biggest gainers here today. If you look at the weekly, it's one of the bigger weekly gainers. But the reality is it only jumped back up to key resistance. It didn't break through yet.

[00:10:31]So until that happens, it's actually more of a reason to suspect a downward movement on injective and following probably the grander part of the crypto market. Um what was the last one that I had here? I had har. Let me look over here. I definitely had some notes. H bar near Oh, hype. That's why it's just not on that list. I was looking at hype has continued its trend to the upside hitting a new high here today. Some of you know I put this call in for $79 after this big breakout back here a couple days ago. I said the next move really could be towards 79. I told people don't look for shorts on this just yet. It looks like it still wants to be going to the upside. It looks like we've invalidated sell signals. Like that's a good sell signal. That's a good sell signal. Anyone who would have entered a short position and said I think I'm going to make money downside.

[00:11:14]I would understand why you did it. The RSI had bearish divergence. everything happening. But this is what I'm watching right here. MACD didn't really give us a bearish cross. Hype making a bigger move like I thought it would. In fact, I even told people look for moves down. I said starting at 56. I said it could come down here as low as 53. We got our 56.

[00:11:35]Hype starting to rip back up here today.

[00:11:37]Showing me a lot of bullishness. You can see here 4hour buy signal could have given you a fresh entry here just yesterday on hype. There's some other altcoins that are rallying. I don't want to make it sound like these are the only ones rling, but these are the ones sticking out to me here today and I wanted to show you the technicals of what exactly was going on there. Now, let's flip the script for a second and let's talk in the news. I want to bring Shum on here in just a second. There's some big stories that are leading towards some of the moves today. Part of the reason why we had some pumps today is some good news on the Clarity Act, but I want to preface it in case you haven't heard. There's complicated news on the Clarity Act. Okay, good news, but it's complicated. By the way, you guys can see that reflection right there. Let me get a dark screen up here. Distract distracted me there for a second. Um, comp news on the Clariac front.

[00:12:24]It's even more complicated when we talk about the war with Iran. Um, but I want to cover this with Shrum here. First of all, let's bring him up. Shrum, my good friend, how are you doing today, my friend? Good to have you back on.

[00:12:36]>> Oh, man. Tim, I am better than I deserve. And I've got to thank everybody listening and watching who prayed for me to get better. I really, really appreciate it. I Tim I don't >> Your voice sounds 100% better.

[00:12:48]>> I can't tell you the last time that I had like a 24-hour sickness. Like it usually for me it's like oh I feel sick.

[00:12:55]I get that sore throat and man I know I'm out for like a week. This time the Lord has healed me in just a matter of 24 48 hours somewhere right in there. So I really appreciate everybody who uh sent some prayers up. Thank you guys so so much. But yeah, I'm better than I deserve and got a lot of interesting news today in the headlines.

[00:13:14]>> We do. I wanted to apologize to someone in chat real quickly. Someone said no mention of XLM. It's up 50% this week.

[00:13:20]We talked about XLM yesterday. Looked at some charts. You guys can see the charts real quickly. I didn't mention it today because it's doing the same thing we talked about yesterday. So, I don't want to just get on and I do sometimes give the exact same Bitcoin today. We covered Bitcoin daily. It's going to be the leading indicator what crypto is doing.

[00:13:35]I I think almost everybody who watched the show probably invested in Bitcoin.

[00:13:39]Um, but I apologize to all of my XLM fans out there. XLM, hats off to it. The reason I didn't bring it up today is because this is just a continuation of what we discussed yesterday. I told you don't look for a short. The sell signals aren't quite here yet. The momentum just continues, continues, continues, continues. Uh, so that's why we didn't mention XLM. What I do want to mention here, Shum, let's get into it because we always seem to run long with time and recently I haven't been able to do the back half of the TA that we like to do.

[00:14:07]So, let's just dive right in. Um, big story here. I want to start with the bad side and then we'll flip to the good side. Sometimes I do the good news and the bad news after. We'll start with the bad news. The Clarity Act is getting closer to what we think is going to, you know, be a a pass here by July 4th. But J I don't like when this plays. I'm not going to play the audio because first of all, he says a a dirty wordy in there and we're not going to play that live on our familyfriendly show. But JP Morgan CEO Jaime Diamond said some very interesting words. I've told you guys that banks are not necessarily against the Clarity X bill. Well, Jaime Diamond kind of corrects some of the things I said. He actually makes it sound like they want clarity. Like they this is a man in a company that's still investing in the crypto space infrastructure. But in this video on Fox News, he rips into Brian Armstrong and the Clarity Act. And it's one of those things when I watched it and I listened to it and I'll I'll preface what he said here in a second.

[00:15:06]>> Oh no, there's a I showing a bad word.

[00:15:09]It's an exclamation mark. So I just caught that they put in the title there.

[00:15:13]Um >> Oh, nice.

[00:15:14]>> Yeah, they put it right there.

[00:15:16]>> That's not the real word. That's great.

[00:15:17]>> He makes it sound like the way he says it. He literally said he said verbatim, "We're going to fight the Clarity Act under its current language."

[00:15:26]He brought back up that old thing that I thought had been done away with. I thought they'd come to a negotiation, the banks and the crypto exchanges, that they liked the current language of of how Coinbase and Kraken and Binance and others could handle um rewards for holding stable coins. Well, Jamie Diamond comes and throws a grenade into it once again, pretty much saying, "Nope, we're going to fight this. The current language is not acceptable. It's it rips off small banks, big banks, all banks. It it's going to put things in a bad bad spot." Um, very interesting. It did make me wonder for saying I was like, man, are we gonna have to see a whole new war? Is this going to be the new excuse for the next leg down? Is the banks throwing a wrench back into it?

[00:16:08]I'm going to get your take on that in a second, but let's paint the full picture here, Trump. Because the good news, someone that was bad news with Jamie Diamond said the good news is SEC chair Paul Atkins, which I think I like what and not just I like him better. I think that what he has to say is way more important what than what Jamie Diamond says. Excuse me. He says that he is confident that Congress will advance the Clarity Act and President Trump will sign it into law. He needs this passed.

[00:16:33]By the way, guys, as the chairman of the SEC that we all know has a very tumultuous and long history with crypto now, at this point, he needs the clarity to make sure he's enforcing laws correctly as well. So, he's going to have his thumbrint all over this. He's going to know what is going on. Is he Is there a possibility he's lying to us? Sure, he's he still is a politician in forms, right? He wasn't elected, but he was appointed by other politicians, which makes him a politician just as much. Um, I trust what he says more than Jaime Diamond.

[00:17:09]I'm going to go into more detail on my take here in a second, but I want to give you the floor on this, Shrum, to give your take on what Jaime Diamond is saying, what Paul Atkins is saying, and what this potentially means for the Clarity Act going forward. Yeah, I mean this is uh you know the robber and the and the cop. I mean the Atkins is the cop. He's the regulator. He you know theoretically doesn't have any skin in the game one way or the other.

[00:17:34]>> Um but but wants to see innovation go through. Clearly that's why Trump nominated him. Why the Senate confirmed him.

[00:17:40]>> I think Jaime Diamond on the other hand, you know, he's the I wouldn't call him a robber, but he's he's in in he's he's the man in the arena.

[00:17:47]>> Robber. He's a robber >> and he's worked his way up to uh you know the heights of the financial world.

[00:17:54]There's not a I don't believe there's a bigger commercial bank than JP Morgan in the world. And it it's just a really interesting you know kind of juxtaposition because you have him and you have Elizabeth Warren that are the outspoken pretty much exclusively it's just them as the outspoken opponents of the Clarity Act. And I'm I'm almost sitting here like I think all of these people want the Clarity Act to pass. I think Jamie Diamond and Elizabeth Warren have been tapped on the shoulder to kind of be the the limit of what is acceptable to criticize around the Clarity Act because of course if you read deeply into it, I'm sure there's all kinds of pork as they say on the hill for uh you know people that aren't investor uh retail crypto investors. I'm sure it it the bill itself is probably designed to enrich and protect the banks in all kinds of ways uh that that wouldn't necessarily be in alignment with the cipher punk ethos.

[00:18:45]>> With that said, I think that this passes. That's the part that I care about the most. And I think that J somebody like Jamie Diamond and JP Morgan are are very well positioned to make a ton of money off of tokenization and other crypto uh business operations that that wouldn't have been legal for JP Morgan to engage in. Not to mention all of the probably thousands at this point of of crypto companies in the US that JP Morgan owns shares of. Uh all of that's going to go through. Jaime Diamond is absolutely applauding this bill. I think for one reason or another he's coming out and just saying the opposite. And I think it's just because you know these guys that are at this level.

[00:19:23]>> Jamie Diamond. Jamie Diamond. Again, I I I make this joke all the time. We don't talk about JP Morgan all the time. So I haven't gotten to make this joke in a long time. And I say it's a joke. As most of you know, the best comedy in the world is rooted in kernels of truth, which is what makes it funny. So take that as I'm about to give my live standup performance to you guys. I'm pretty sure and audience that part of the interview process to be CEO of JP Morgan is they ask, "Are you willing and likely to lie to our clients and misdirect them at every turn?" And if they answer no, that would be unethical.

[00:20:00]they don't get the job. It's a requirement. It's not just Jaime Diamond. Every CEO of JP Morgan dating back for at least a hundred and some odd years has been known and and the reason you know it's known have been fined because of their market manipulation and direct lying of the people. The problem is we have this whole system where it's a fight it's a beneficial profitable uh case to lie to people. It's one of these things. Jaime Diamond will lie to investors to benefit his company. Let me just throw this out there. 10 billion and then the SEC finds out and slaps him on the wrist for two billion. Not a bad investment. Make pay two billion to make 8 billion profitable. Good deal, right?

[00:20:44]I don't know if that's the exact ratio.

[00:20:45]My point is the current system allows for Jamie Diamonds continue to lie to people and make money. And yeah, they surface up and say, "Oh, we find him. We we we punished him." No, no, you didn't.

[00:20:55]They've done the math. They know what it's worth. He does this all the time.

[00:20:58]He lies to people left and right. Uh, and that's kind of where I'm getting at too, Shum, is, and that's why I said I trusted what Paul Atkins says more because I don't think Paul Atkins is as incentivized to lie to the people. Like, you can say a lot about Gary Gensler.

[00:21:11]And I'm not saying he never lied to people. What I'm saying is I don't think we caught Gary Gensler as chairman of the SEC trying to misdirect people. He was he was pretty straightforward. He was going to cause problems for the crypto markets. He had not real concerns, but he vocalized his concerns about crypto going forward. I don't think the SEC chairman is in a position where he needs to lie to manipulate markets, that's just not doesn't serve him or anyone else that he's working for. Jamie Diamond, on the other hand, knowing that comments like that, let's make sure we're clear here, he knows that when he throws a wrench into the system, you're going to cause some kurfuffleling. You're gonna cause some fear, some uncertainty, some doubt. What are you gonna do with that fear, uncertainty, and doubt? You're gonna go and jump out of the risk asset that's affected by that FUD.

[00:22:00]>> Mhm.

[00:22:01]>> Why does he want you to jump out?

[00:22:03]Because he wants the prices to drop so he can buy more. That like this is the classic Jamie Diamond tactic that he's utilized for crypto and AI and energy stocks and everything else that JP Morgan's invested. All this again like you said earlier he is investing into the crypto infrastructure industry. JP JP Morgan has been buying and and getting a hold of crypto assets to be able to offer crypto to their clients. He's not anti- crypto. He is anti- anybody else getting to make more money than him. That's what he is. And and so I actually I somewhat believe him that he doesn't like the language and that he thinks that um that exchange are getting too good a deal.

[00:22:44]What I disagree with him, or I don't think he's being completely honest about, is that they're gonna fight it to the end and have any type of problem with it. I I think this is a a full-blown manipulation, let me get in the media and try to scare some people uh tactic.

[00:22:58]Yeah. I I think it's just it you got to take you got to look many layers deeper for anything that comes out of Jaime Diamond's mouth. And you know, some there are you can go search up all kinds of different fines that JP Morgan has absolutely had to pay. they have lost cases to the United States justice system. But then there's also instances where Jaime Diamond maybe didn't lie and was more allegedly that he did said something or a representative JP Morgan allegedly, you know, there were claims that were brought against him. Um, but yeah, the I mean, Wall Street is uh bathed with all kinds of shenanigans that have gone on over time, but I'm I'm sitting here I don't see I I think Vanguard Vanguard is probably one of the only organizations in a couple of different insurance companies in Massachusetts. I think these are companies that are going to be caught off sides with crypto and they are the ones in my opinion and I I'll I'll ask in I'll also uh add in regional banks all across the United States. Uh so regional banks across US, insurance companies in specific states and Vanguard. I think those are institutions where if they said they were going to fight it to the end, I would believe them. I think JP Morgan is it like the the analogy here is that like JP Morgan has gone out and built uh a bridge and and painstakingly and with all this investment and then they're like and by the way this bridge is bad. Don't use this bridge. It's like you just built the bridge. So >> no, it's more like this. Don't use this bridge. It's bad. I don't like traffic getting to work every day because I use this bridge.

[00:24:27]>> Sure.

[00:24:28]>> That's That's what it is, you know.

[00:24:30]>> Um I think I think we've gotten there uh with this conversation. Let us know what you guys think about it. Do do you think there's actually a genuine problem? Do you think that the Clarity Act is going to face some >> genuine and real fighting going forward?

[00:24:44]Or do you think Atkins is right? Should we be confident about it passing by July 4th? In case you're wondering what the odds have looked like. The odds are siding with with uh the SEC here, they actually shot up today from 56 up to 59.

[00:24:57]Nothing crazy. We're not talking about being up to like 95% or anything, but it is up on the recent news, mostly because of what Atkins said on his confidence level. Let me know what you guys think on it. Uh, by the way, before we leave this topic, if you guys want to continue to piss off Jaime Diamond and JP Morgan, don't buy your crypto through banks. buy them through exchanges. And you want to know one of the best exchanges to use?

[00:25:20]It's gonna be Tubbit. Right now on Tubbit, you can do so much. Let me show you guys. I actually have not done a good job of showing you guys. Tubbit right now. Sign up my link down below.

[00:25:27]You can watch some soccer clips on the front page because the FIFA World Cup is coming up. Give me a shout out if you guys are excited about the FIFA World Cup. I don't talk about soccer a lot, but I do like FIFA. Um, but you can go over here and you can trade futures. You can trade USDT perpetuals, USDC perpetuals, you can trade gold, stocks, cryptos. You can go trade spot. So you spot stocks, spot cryptos, spot a lot of different things. Everything you need, you can got get through TBIT. And oh, by the way, when you use Tubbit and you use my link in the description down below, you get the cheapest fees out there possible. VIP level one right now. So don't buy from banks. Don't pay crazy high fees. Go sign up for Tubbit link down below. There's some other perks as well, but I'll save those for another day. Let's get the other part of the story here from um that people are talking about and it's going to be the war in Iran that continues to just be absolutely crazy. Now, um part of the other reason we're pumping today is there was apparent good news coming out here. We put a tweet out about this about the exceptional timing yet again of crypto president. President Trump says the naval blockade in the straight of Hermoose is now lifted on this news.

[00:26:35]Of course, oil prices continue to drop.

[00:26:37]And I wish that was the end of the story and we're just going to break into a conversation right here because we could talk about why this potentially is great news for the end of the war with Iran.

[00:26:46]Problem is Iran doesn't seem to uh doesn't seem to think that they agreed to anything. Um informed sources have rejected Trump's latest claims. According to FAR's news agency, the proposed deal includes the release so yeah, let me do this. He records the release of 12 billion dollars in frozen Iranian assets and a full ceasefire in Lebanon. Iran says it will not continue negotiations until the money is paid. That doesn't even give you all the details. I I I could have pulled up like 470 tweets today to break this down, but effectively, if you haven't seen it, Donald Trump and the US are telling people, "We just signed a great deal. They're going to end their nuclear program. They're going to open the straight of Hermos. There's no money being exchanged. And everything's about to be beautiful. We're just, you know, dotting some some We're crossing some tees and dotting some eyes. Did something just happen? Breaking news?

[00:27:33]>> Yeah, some some interesting breaking news. Uh, go to watcher.guru's main page.

[00:27:39]>> Uh, Treasury Secretary Bessant says US seized 1 billion worth of crypto from Iran. Holy smokes. There might be some volatility around this headline.

[00:27:51]>> I mean, again, it's it's one of those things that it's like I don't know how that goes well for the deal. Again, does Iran thinks that what's going to happen in the deal, cuz I was while we were this is breaking news. I'm glad we looked at it. This is the headline he's talking about. Um, again, America is saying they're going to get rid of uranium. They're going to open up the straight. There's no money being exchanged. Yada yada. Iran is telling everybody, "Oh, we're close to writing a deal where they're going to pay us or release 12 billion dollars of sanctioned money. They're going to they're not saying anything about getting rid of their uranium." It's it's it's literally I made a joke to the to our VIP training group earlier today, Sham, and I said, >> you know, we keep saying Trump's lying or Iran's lying. All of this, of course, is being discussed and intermediated by Pakistan. Is it possible that Pakistan is just lying to both parties? Is it possible that Trump submits his deal and Pakistan's like, "Yeah, they like it."

[00:28:42]And then Iran submits their deal and they say, "Oh, yeah, America likes it and that's why they're on completely different sides." I doubt it, seriously.

[00:28:48]But it's a thought because it seems like Iran and US are just such completely different sides. And this news headline, by the way, I can't imagine Iranian officials are sitting here looking at this saying this is acceptable. We still want peace here.

[00:29:02]>> Well, it but it but it makes them fear because if they can if they can grab a crypto wallet, which the the Scott Bessence uh you don't need to go to my screen or anything, but his his quote is just outright grab the wallets. Some of them might be typing in right now and might not realize their wallets have been grabbed. So that raises some questions about uh cyber security. But uh there's there's uh you know there trying to understand this situation in the Middle East based on what President Donald Trump or what the Iranian representatives whether it's the speaker of the house, the president uh or this this new supreme leader who hasn't said a whole lot. Trying to understand the situation from what they say is is almost impossible. But trying to understand what is going on based on the oil prices and by the ship count through the straight of Hermuse and through US bond yields that is what's clear and over this week it has been a win right regardless of what you think crude oil has come down US uh bond yields have come down as well in a favorable way meaning signaling renewed trust in the government. Um, but the reality is is that, you know, as we've said again and again and again, the the Iranians do hold one card, which is they can just not quit. But I think that their motivation at this point is financial.

[00:30:21]They want the sanction relief. And now they just got negative money. They just got negative sanction relief, which is honestly if this doesn't lead to massive escalation. This this move of seizing crypto could potentially be a masterclass of the White House saying, "Hey, you want a positive reinforcement to negotiate this? You want us to relieve sanctions? How about we just take more of your money?"

[00:30:44]>> Yeah.

[00:30:45]>> You know, that's that's kind of like ultra effective. And again, if that shoot if that proves to be uh actually effective and doesn't lead to mass casualties from retaliation um or more damage to uh oil uh infrastructure, then that that's a huge win. This could potentially push them past the limit and help the Iranian see that they don't have many cards and that quitting, even though quitting is something they cannot do, quitting is what they should do and they should denuclearize. So, we'll see.

[00:31:12]This could be a big moment because that that would >> it depends what is meant here by seiz 1 billion's a big number right especially if that's all the money that they've earned from selling oil to China over the last two three months or whatever and that's you know that that could potentially be a very very big blow >> it could it could it's going to be interesting to see how this all plays out I mean let us know in the comments what are you guys thoughts what are your thoughts on this issue I I do we cover it on a daily basis because there's breaking news and as a finance channel that this stuff does impact our markets.

[00:31:43]We have to discuss it. I I've said this joke before, but I'll say it again. I feel like covering the story though is a lot like covering the local drama of a female middle school. Uh it just it it never ends to it. The the the back and forth cattiness just never seems to end.

[00:31:58]Eventually the war will be over.

[00:32:00]Eventually someone will cave. We'll see when that happens. We'll see what it happens. It continues to just draw out though. Uh and again, I'm going to go back to something I said yesterday and remind you of it. The charts tell us stories that the news tries to distract us from. Oil is down. So if you're sitting here, I know people are going to be in chat saying things like, "Oh, Trump's always lying." Listen, Trump lies frequently. You're not going to hear me try to defend and say he's he's told us 100% the truth 100% of the time.

[00:32:28]Markets though seem to be be believing his side of the story instead of Iran's.

[00:32:32]Why do I know that? Because oil prices are coming down. I also know that when you take a look at the SPY and you take a look at the majority of the stock world, I'm looking at the 4 hour charts.

[00:32:42]Look at the daily chart. We just continue to hit new all-time highs every single day here on the SPY. Take a look at some of your favorite stocks. They're going up, right? So, there is this level of economic positivity happening. You I say all this because you take a look at the crypto market and everything seems to still be in the gutter. This just goes back further into my theory of heavy manipulation to get crypto as cheap as possible so that there can be a massive buying from institutions. You go back to what we were talking about with Jamie Diamond. This man right here, I'm so glad I paused it right there. That's a great picture of him. Uh, this man right here absolutely has told us has told us he likes Bitcoin now. Has told us he liked cryptocurrency. In fact, you want to know when he told us he liked it? He told us he liked it right up here around $120,000.

[00:33:32]But if he knows, as much as he likes Bitcoin now, if he knows he can make the price come down here to one of the three targets we talked about the other day, 58, 53, or 48, he's going to do everything within his power to get prices down here to buy these this great asset class, this this defense against loss of value as cheaply as possible.

[00:33:53]Because when the price gets up to a million dollar, that's a pretty that's a pretty substantial difference. Did you buy at $120,000 or did you buy at 50,000? Pretty big difference in how much Bitcoin you can own, especially when this man I'll go back to his picture, probably over the next 10 years could invest billions of dollars from his company into Bitcoin alone and then forget about all the other billions of dollars, trillions of dollars that will come from other companies. He wants to buy it as much as possible, as cheap as possible. He'll do what he can to manipulate that price. That's that's still my perception of what's going on here. Uh Shrum, before I let you go, big story there. Any other anything else you want to discuss with everybody before uh I get back to TA and we wrap up this Friday show? We got to the news kind of quickly there.

[00:34:39]>> Well, I mean, this is such a big such a big headline because this has so many implications. This this is making me wonder, you know, you know, what what what kind of implications this could potentially have negative on crypto because if it's US if the US government can just go snatch people's wallets, >> you know, presumably the Iranian government was probably had that very secured that $1 billion too. So, you know, it raises some questions.

[00:35:03]Hopefully, it was psychological like those uh there was a scop like humans involved and that this wasn't pure hacking. So, we'll see. Um but uh folks, I would just say have a great have a great weekend. Um you know, yeah, have a great weekend. This this news is like boggling my mind. Just I have another breaking news here. US Space Force awards SpaceX 4.1 billion contract to build satellite network for tackling airborne targets. So uh there that SpaceX IPO is going to really grab a lot of attention >> this year for sure.

[00:35:42]There we go. Well, Trump, thank you so much for being on here today and we'll have you on again here soon.

[00:35:47]>> Adios.

[00:35:48]>> Adios.

[00:35:51]All right, let's get some Q&A here.

[00:35:52]We're going to do some TA. Um, by the way, tomorrow, reminder to everybody, if you guys have been interested in trading, but sometimes it confuses you with the multi-time frame stuff.

[00:36:02]Remember, it's in the link in the description. Tomorrow at 11:00 a.m.

[00:36:05]Eastern Standard Time, not only am I putting out a video updating you guys on what I'm buying, what I bought this week for my DCA uh in that portfolio, but also tomorrow at 11:00 a.m., you know, we have a closed group, but you can sign up for free right now. We're going to have a webinar, a teaching on how to handle multi-timeframe trading. How do I process bouncing between the daily chart and the weekly chart and the 4-hour chart and the one hour chart and and h and how do you utilize multi-time frame analysis to get the right entries and exits with your trading? I'm going be teaching you guys that tomorrow at 11 a.m. So, go sign up. Uh, it'll be a blast over there. Let's look at Twitch chat here real quick. Tony Roses says he's already signed up. Great, great, great, great. Can we take a look at Sueie? Says Cali. Today, what I had planned was XRP, AAX, Caspa, and Google.

[00:36:50]We can take a quick look at Suie though, just because you say that though. Um, let's see how we are. Uh, there we go. I was confused what this was saying at first. I don't know how to say his name. Sahare. Sahare. I don't know. We're going to call say uh Tim, you have no idea how entertaining you are and how valuable your analysis is for trading BMR daily. The more I watch your program, the closer I get to retirement. Uh happy I can help any way I can. Uh Vincent says, "Tim, you hate Salana."

[00:37:27]Did I say I hate Salana?

[00:37:30]I don't remember saying that. In fact, I remember saying I love Salana. Now, I've said Salana is more oversold, and I think it's one that can continue, if you're just looking from a chart perspective, could continue to be disappointing. Um, let me go take a look at that chart real quick as we kind of transition into charts. Let's pull up a Salana chart real quick. Maybe you're referencing that yesterday. I talked about I think it could get down to $60, maybe as low as 50. Doesn't mean I hate Salana. It means I would be taking advantage of buying those dips if they happen. But it's just not had the same buzz that the rest of the crypto space has. Why? Because it's not the right environment for that to happen right now. But I do love Salana. I think Salana is very big. I'm I'm not at the stage where I'm like I love Salana so much that I believe Ethereum is dead and that Salana will replace it. But I do think the biggest threat to Ethereum is Salana. And and I I think that, you know, if I was building a blockchain, I'd be building on Salana instead of Ethereum because it's cheaper, it's faster, it's it's better all the way around. I just know that there's massive institutions that for at least for right now still love them some Ethereum. I mean, there's room for both them to grow at least for now. But, um, no, I don't know, Vincent, I don't know where you're getting that from. Uh, oh, you said I don't talk about it much.

[00:38:41]Maybe I I do talk about it a decent amount. Uh, but maybe I should talk about it more. Um, Bedin says, "Yeah, Tim said he loves Salana and that's what you meant." Yes. Uh, what's my opinion on ADA?

[00:38:56]We didn't do 88 TA yesterday. We were supposed to. I'm not going to do full-blown TA on it, but I want to take a look at the chart and show you as I'm talking about it. So, Cardono's back down here at 23 cents. Um, we kind of had a failed breakout up here where it it would have hit TP1. If you were trading it, we would have given you a TP1 there, but it did not get all the way back to 32 cents, which it could have with that breakout.

[00:39:17]Here's my thoughts about Cardono.

[00:39:23]is a very disappointing project all things considered. Does that mean that I think that the concept of what it was was terrible? No. I I actually think fundamentally I still love everything that Cardano built and was and stands for. But but I've said this before and I still own Cardano, but I just I'm not as optimistic about as I used as I once was. And it's it definitely does not hold the same percentage of my portfolio as I I haven't bought more Cardono in a long time. I'm not adding to my bags here.

[00:39:52]the the the issue with Cardono. Quick story time and we'll get back into charts. We got time and I know some people are going to be interested in this. I'm gonna I'm gonna I'm gonna piss off some Cardano people here. I apologize. I I I wish I didn't have to say what I was about to say. It just is what it is. And I I try to pride myself on telling you what you need to hear rather than what you want to hear and telling you what I honestly think even if I don't think you'll like it. It's just who I am as a person. It's how I'm going to be.

[00:40:21]the story of Cardano and let's compare it to potentially its biggest competitor. We just talked about it. It's Solana. All right. And I used to be in in the camp that you know you have Cardano and you have Salana.

[00:40:34]Everybody knew that Salana did things very fast, very quick. U they they moved fast and they broke things. I mean remember Solan used to have outages like every other week at one point. Cardano was doing things slowly the right way.

[00:40:47]You know, Salana at one point accused Cardono like being like that they're building the coin the way you teach in a classroom very slow and methodical but they're not really accomplishing much and and I would have said listen in the story of that classic story that most of us have heard as a child in the story of the tortoise and the hair the hair gets out to a big fast lead but it kind of gets it gets you know uh prideful and it stops taking a nap and it it doesn't finish line it rests and yes the tortoise isn't very fast but the tortoise does everything right? And it stays disciplined and it goes about things the right way. And of course, this the story goes, the tortoise wins.

[00:41:24]And I thought there was going to be a process that happened here with the tortoise and the hair where yes, Solana got up to this fast lead and it looked cool and it was shiny and but it was breaking everything and it wasn't ready for the long haul and but it eventually was going to fall flat and Cardano was going to pass it. Here's the problem.

[00:41:40]The story didn't work out well. Cardano has done everything the right way. Very slow, methodical. They don't break things. But Salana has figured out more. It's created better technology at this point because it moved fast and break things and it had forgiveness from users. But they effectively said, "We're going to we're going to move fast. We're going to break things. We're going to figure things out by once it breaks taking it apart and then fixing the layer so nothing bad happens." Then effectively, it's the story of the hair that never stopped to nap. And in fact, I think Solana won the race. I don't think we're ever see Cardano pass Salana ever again in market cap. I'm not saying Cardano is definitely going to die. Maybe Cardano has this niche section where it's able to make it. But if you're sitting here telling me, Tim, do you think that Cardano can ever surpass Solana in market cap and be a bigger deal? I'm going to I'm just going to straight up tell you no. I don't think that's going to happen. I think the hair won. I think their strategy worked and they fixed a lot of their problems and they're very very um useful at what they do. And and I used to even think Solana was just going to be a a retail friendly project layer 1. There are institutions that are using Solana instead of Ethereum. Not all of them, but but Solana's got a massive place in the institutional world, a massive place in in the stable coin world, a massive place in real world asset world. They're doing everything. So, A, I love Solana. B, I don't hate Cardano, but I do think Cardano moved a little too slow. And at the end of the day, it doesn't matter if both projects are good. Whichever one is, someone just said in chat, whichever one's cheapest, whichever one's fastest, and whichever one is delivering results is going to win.

[00:43:21]And if you're if we're saying those three things, I think you got to say that that defines what Solana is doing.

[00:43:26]Price action doesn't say that, but price is always downstream of fundamentals.

[00:43:30]We're just in a bare market, right? I'm I'm not going to hold something against it just because we're in a bare market.

[00:43:34]But when I look at Cardano, even fundamentally, I I gave them I gave them one big last swing with with Midnight.

[00:43:47]And people are going to be mad about this. Is Midnight's kind of been a disappointment. Am I Am I wrong? Tell me if I'm wrong. Has Midnight been this smashing success? Has it gone off phenomenally?

[00:44:00]Not to my knowledge. Maybe I'm wrong, but it just feels like Cardano's run out of steam. I think there's enough community left to get a somewhat of a pump, but but getting back in the top five, I just don't think it's doable for Cardono anymore. I I was going to save that all that for a video later on.

[00:44:18]Maybe I'll make a video on that in the future in next couple weeks. But that's my thoughts on Cardano. I still own it.

[00:44:23]I haven't I haven't bailed on it, but I I'm not expecting the same returns I once did.

[00:44:29]All right, let's do some TA here. Let's start off with XRP. XRP, everybody. It is at 132. It is one of the I'll just go ahead and tell you because you're going to hear this in tomorrow's video anyway.

[00:44:40]I DC XRP this week. I think I put like 75 in XRP this week in that new portfolio. Um, we hit this major support level. Now, again, I'm I'm expecting the support level to break on XRP. I am expecting XRP to drop down here closer towards a dollar. But when you, this is just a good class. If you know nothing else about trading or investing, you're almost never going to be in a bad spot.

[00:45:04]Buy support levels and sell resistance levels. And if something changes along the way, change it. Right? So, so what I'm doing here is I bought XRP on support. If it gets back up to this red, I would take profit on a little bit of XRP. And then if it comes down, what I would probably do is I would say, okay, I'd probably buy a little more this green line. But if it breaks through, all right, great. What I'm going to do after that, I'm I'm going to enter a short position because now the price is finally ready to make my move down. If I'm wrong and XRP ends up breaking to the upside and breaks above this red line with more volume, right, we broke out over here where there's no volume. So, I can get more volume up over here and we break above this red line. All of a sudden, I'll look for fresh long positions on X.

[00:45:45]I I like XRP. I like it fundamentally. I am not bearish on XRP but on the charts I'm I'm just telling you I don't think the bottom is in for XRP. This formation right here is called a a descending triangle. It's not bullish. If you are in the academy, if you have taken any academy of technical analysis, this is not a bullish formation right here. I think XRP has further go to the downside. Okay. Um what that short would look like, I'd wait for a confirmed breakout and I would enter a short down here and I would take profit somewhere here around just above a dollar. I put my stop loss wherever the last big peak is before we make this cut. And I'd probably have a little take profit one somewhere right here in the middleish somewhere around 11 115ish 116ish somewhere in that area. Lock in profits take the stop drop the stop loss and let it ride. But I'm I'm not going to be surprised at all if my buy orders down here closer towards a dollar on XRP get filled in the next couple of weeks. It's just where we are at the moment. Um Avac, let's take a look at Avac. AEX. I I I am I don't have this in my portfolio that I'm doing on YouTube. Personally, I still own AVX and I would have bought some down here. We hit a support level.

[00:46:53]Again, bad formation, rising channel. I I think there's I'd be very surprised if we don't end up seeing at least a 779 to 750 Abacks in the next couple of weeks.

[00:47:03]Just just where the signs are pointing.

[00:47:05]Disaster suggests potentially as low as 551. That seems a little low for my take, but there's some major support here in this five 750 to 770 zone, I'm expecting. Does that mean we're going to drop immediately? I'd look for a break below support and look for a fresh short. Otherwise, if we start to get some real momentum here, we might we might make our way back even up all the way up to 10 1017. I don't think it's going to happen. I think I'd be much more I think it's much more likely to kind of sit here and break this support before jumping back up here. But I'm open to either one. That's why I DCA on some of these dips. Um, let's take a look here at some other things. I didn't really do this with XRP. As we're down here, um, there's no buy signals coming on the daily chart from my kryptonite or my neurow indicators. Um, I think there is majority of the space is giving me confirmed buy signals on the 4-hour chart. But here's here's what's concerning me a little bit. You're already starting to see some weakness coming in on my neurowave indicator on the 4 hour chart. So, do we end up seeing some disappointing 4hour buy signals? Maybe. And if that does happen, again, we're in a perfect spot to just break that support level and then look for fresh shorts down here towards 770.

[00:48:11]Okay, I'm not going to draw the trade on that one. I'll state that one for the VIP trading group. I This is the type of stuff I do, by the way, all the time. I try to do as much as I can on the live show for you guys as well. But if you ever join the VIP trading group and you're in those live trading sessions, this is the kind of stuff we talk about all the time. What's the support saying?

[00:48:26]What's the resistance saying? What would a trade look like? What are the trades I'm actually entering? What are the trades that I I'm not going to enter?

[00:48:31]Because I don't try to be in 27 trades at one time. But if someone's like, "Man, I really want to trade AVAX or I really want to trade Link or I really want to trade Tao or Sueie." I kind of break it down like what am I looking at and what does a responsible looking trade look like? Where should I put my stop loss? Where should I put take profits? And how do I what am I looking for from signals to understand when to jump out earlier, stay in the trend, right? Do all this daily basis. There's AEX. Let's take a look at Caspa. Do I have any Caspa? Can we call them Caspians? I mean, Caspian's in chat here. Made a move back up here. Um, I think we had it going a little high. I think we we we said we could maybe make our way back up here towards 441. Didn't get that high, but it was a successful trade on Caspa in the community. It's been a while now since we trade. I'm just kind of reminded we haven't done Casper TA on the show in a while. Uh, we're dropping back down here pretty stinking fast. Like, if you told me right now we were only sitting up here at 341, I would say, "Hey, I think there's a chance Casper's bottom is in."

[00:49:27]But based off of what I'm looking at with this movement, just I would not be surprised to see Casper drop again. Um, where would I put this? I'm going to go and get rid of this formation here.

[00:49:42]It's not really an established formation. You, this is where it gets ugly with TA. You know, I'm going to see you're going to see some people draw things like this and just kind of ignore this whole movement. What's pretty clear is that there was a support level.

[00:49:56]Wherever you want to put resistance, I don't know. It's pretty clear there was a support level lost here a couple days ago on Caspo. Okay. So, how far does that break down? It's hard to to know for certain. Levels I'd be keeping an eye on. Let's take a look at order blocks. I would say uh for sure the low over here. There's a big order block here around 2.6 cents. There is support around 2.2 cents. I'd be looking mostly around 2.6, but wouldn't be surprised at 2.2. But it definitely appears no daily buy signals, daily sell signals are in effect. We've lost a trend of support here on Casper. Let me turn this noise off. Um, nothing's coming to the rescue on the daily chart here to say we should pop back up. Let's see. Let's look at the 4 hour chart just to see what's going on. There is again 4hour buys coming in. Even the MACD crossing bullish, but we're not doing a whole lot with it.

[00:50:43]This kind of this I could see a pop back up a little bit. I'm going to guess there's an order block somewhere right in here. Yeah, order block and this I I could see as high as back to 3.2 2 cents. But I think a lot of this longer time frame stuff is saying, "Hey, CASP is on the ways down, just like the rest of the crypto space." Don't be surprised if uh very soon, we'll go back to the daily chart here. Very soon we're down here around the 27 uh to 2.5 cent range with Caspa. Doesn't mean the fundamentals suck. Just means that's what the charts are saying right now.

[00:51:11]Tony says, "I'll buy more Casp when Bitcoin hits the four-year low." There we go.

[00:51:18]What do I have? I had the last one. I have a stock.

[00:51:21]Let's take a look at Google. I'll go ahead and tell you guys I did not DCA into Google and I'll tell you where I'm going to DCA. You're going to hear this in the video tomorrow as well though. Uh Google just continues to be one of my top performers on my portfolio. Very glad I bought some early. Um but there's a big gap down here that drops all the way back towards 350ish area. I'd be buying I'd be ding a Google back towards 350. Um the sell signals are starting to come in. They were in already, but they're starting to cook up a little bit more. Um, a fresh red dot kind of came in here today on my kryptonite indicator. 4 hour is showing us some downward movement. We had a we had a a buy signal temporarily, but we're starting to make that big move down. I would my next buy on on Google would be down here towards 350. Um, and again, I think we're in a good spot. Like when you look at the daily chart, you're you're you're pretty you're back down towards the 50 line. I think we might cross a little bit below it, but I think we don't have any major bearish divergence to note and to say like that's disgusting. I think this is just one of those things that needs to cool off, come back down towards the 50, get rid of that gap right there, and then Google could continue to trend to the upside. Google um they have the AI side.

[00:52:25]They they they still are a massive company worldwide. And when I zoom out, yeah, we're sitting at these highs, but I'm not I'm not seeing like a disgusting screen that's just like this is ridiculous. We do see bearish divergence. I will say that we do have bearish divergence there. Um, but Google's just one of these charts that just it just continues to trend. It just continues to trend up. Like even like this, like the bare market. Yeah, that's like the worst part of Google has been in 2022 here with that bare market.

[00:52:57]But for the most part, Google just continues to trend to the upside. So, um, I DC at 350. If it keeps dropping, I would say worst case scenario, bare market would probably be back towards 200, but I don't even see that happening on Google. I think Google's just gonna keep on trending, especially with this AI adoption. So, not gonna make you a whole lot of money. Like, let's let's be clear here. Google is not an investment for like, man, I'm gonna 10x in two years. Not going to happen. But a steady st a steady growth and it's connected to the AI space. I think it's still pretty uh pretty good buy for safe investment return.

[00:53:31]Okay, there's our TA we planned. Someone asked for TOA.

[00:53:38]Um, TA's sitting at some support here.

[00:53:41]That really quickly. Tow sitting at some critical support. If we can defend this level and start making a move back up.

[00:53:46]If I start to get some buy signals coming in, we had a little bit of a buy signal back here last week. Didn't work out well. So, that's not a great sign.

[00:53:54]Um, but if we can mount another one before losing this support, that's just not looking good there. I would long back up towards this red line, back towards 315. Otherwise, if we lose this, we might we might be discussing some shorts. um some shorts as low as I'm going to connect it to this support here. As low as 165 again, let's take a look at our other indicators though. Big order block coming in closer to just below 200. I'd be I'd be watching for that order block to be hit. Support band order block. That's a 46% order block as well. There's a lot of orders down here between 198 and 185. So, we lose this green support line. our community is probably be looking for a short on TA down to that level. So, we'll keep you posted on that one.

[00:54:45]All right, let's answer some questions on our way out and we'll call it a day here today on this fine Friday. How deep are you in for your mid to long-term bags on alts? Do you expect more bullish momentum in a month or two?

[00:54:56]I do expect bullish momentum, but I think bearish momentum comes first. DCA wise, I think we're in I think we're in prime DCA time. like this is the time to be DCAing despite the fact the bottom is not in for a large portion of of altcoins out there. Some maybe yes, but not not all. There's a lot that still probably need to go lower. Um definitely lower than where they are currently right now as we're talking, but I'm I'm I'm bullish still over the next year and some change. I still think that I still think and you know people are going to crucify me for this. All I can do is give you my opinion. It's up to you what you do with it. I still think the four-year cycle does not make perfect sense to me that still exists. I still think that institutions are the largest impactors of private now. I think retail is all but gone for the grand scheme of things. And I think what institutions are looking for is twofold. Number one, they're looking for clarity so that they can start getting the green light to offer it to their clients and to buy majority buy in bulk themselves. I think they're also looking for economic certainty and that's going to be the war in Iran being done and and less chaos when it comes to inflation and I think they're lining up beautifully where they're they're making money right now in AI and they're making money in the stock market and I think they'll be they're going to take some profits here at some point and they're going to look at the crypto market and they're going to say all right finally I got clarity finally there's not this like looming gray cloud over the economy let's go take this profit on stocks and go invest in this asset class that can just explode into the future I still think it's institutions deciding when the bottoms in, not the four-ear cycle, but maybe they maybe they drag this whole thing out and then coincidentally we end up bottoming in September, October anyway. And then the four cyclist say I'm right. Like that's what's going to be really funny is going to be like let's just pretend there's a war in Iran goes all the way until like September and all of a sudden the four cycle is like see four-ear cycle and I'm going to say well or it's just we're waiting for certainty in the economy. Coincidence, non-coincidence, I won't care. I mean, that's the other thing about it. Like, you know what I really care about? I think you guys probably the same way. I care most about making money, right?

[00:57:02]That this is why I got into investing.

[00:57:04]This is why I started this channel and everything else. I want to make money and support my family and support people around me and and um set my my family up and people around me up for success.

[00:57:15]Like, that's why I do this. So, I don't care like I don't care if my call about the four-ear cycle is really right or not. I'm just telling you my opinion.

[00:57:23]What I care about is do I make money in the process. All right? And so we're going to continue to navigate those things as we come along. And if we ever get things wrong, that's one thing I'm I feel like we we do really well with this team. We're quick to admit when we're wrong and readjust the strategy.

[00:57:39]Everyone's going to be wrong at some point. Everyone's going to be right at some point. How do you respond to being right? How do you respond to being wrong? That's the d that is the number one indicator. Are you going to be successful investing in trading or not?

[00:57:49]Are are you quick to say sorry and slow to just give up on your convictions?

[00:57:54]That's the key to success.

[00:57:57]Cru Krux is in chat right now. You guys know, love Krux. Crrux on our team. He's a four-year cycle guy, but Krux just put in the comments for your cyclist or not, DCang here is smart. That's one thing I love about about Krux is we have all these different opinions. It's so funny because we have all these different opinions on little details, but when we really get into it and we talk about our investment strategies, we almost have identical thought process about how to invest in the markets. It's it's really funny. You you would think our portfolios look completely different and we do things. We really do things very similar to each other. We just get there in two different ways. Um so we will see how it goes. I know there's a lot of people in this group that are for your cycle people. I love you. Glad you're here. I'm just not convinced of it. I've made my case, but all I can do is have my personal opinion. You got to have your personal opinion. What we can both agree on both for your cyclists and people like me, we both can agree the bottom's probably not in yet. So, it's not time to go all in with our cash, but it is time to be DCAing and getting access to these lower levels. We can find unity there. Guys, that's all I have for for you on today's show. Smash the like button and subscribe if you enjoyed it. We'll be back on Monday, same time, same place. Tomorrow though, again, check out the link down below that free webinar on multi-timeframe trading. You don't you don't want to miss out if you want to get serious about trading and making money in bull markets and bare markets. Come check that out. We're going to talk about multi-time frame trading. I'll see you guys tomorrow. The rest of you, see you Monday.

[00:59:38]Mat.