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Is This a Bear Trap? Bitcoin's Sudden Bounce Explained Transcript, AI Summary & Key Points

Crypto Banter · 14 days ago · News & Politics · 28:29 · EN

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Answer

Bitcoin could be forming a bear trap, but confirmation requires a move to at least $78,000-$78,500, a higher low, and a break of the major trend line. Failure to hold support would instead expose $72,000-$70,000 and potentially lower levels.

AI Summary

Bitcoin is at a decision point between a bear trap and continued downside. A move below support followed by a recovery could lead to higher prices, while failure to hold support could send Bitcoin toward $72,000-$70,000 or lower. The key confirmation is a move to at least $78,000-$78,500, followed by a higher low and a break of the major trend line. Bitcoin has shown stronger, more aggressive upward structures than during earlier bearish periods, while USDT dominance has faked out to the downside and altcoins are showing strength. The broader outlook remains bullish if Bitcoin holds support and gold, stocks, oil, and the dollar do not produce strongly bearish moves. The next major upside targets discussed are $90,000-$100,000 for Bitcoin, $150 for Solana, $3,300 for ETH, and $4 for NEAR.

Key Points

  • Bitcoin reclaimed support after the rate hike, with $75,000 as a key level and $72,000 as the next major support zone.
  • USDT dominance is showing a fakeout, while futures and gold are forming engulfing candles after the previous day's weakness.
  • NEAR, Zcash, Polkadot, Uniswap, Ondo, AVAX, Light, and pump.fun are among the assets showing strength or waking up.
  • The market may remain choppy for at least another seven days unless Bitcoin breaks decisively through $79,000-$80,000.
  • Bitcoin is showing more aggressive upward movement and bullish patterns than the slow upward moves that preceded earlier bearish reversals.
  • Accumulation and strong volume supported the recent breakout; the next stage involves a calm period, a local low, lower volume, and a decisive volume spike that could either become a trap or the next upward leg.
  • The current structures are descending wedges rather than the uprising wedges associated with earlier failed moves, so a bearish-market mindset could miss a bullish move.
  • The 200-day moving average is around $70,000, and the area around $70,000-$75,000 is being treated as a potential accumulation zone.

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00:00 Yo, guys! Okay, big, big thing  to speak around today. Has the trap been set? Are we actually  seeing a bear trap in place? So, yes, we had a rate hike yesterday.  Markets started to push to the downside, put a nice little red candle, specifically  stock markets, gold. But crypto itself didn't drop too bad, right? But what we have  now is us entering back above support, which now brings us to the option that we actually  tag $75,000, right?

00:23 We spoke around $75,000 and we also spoke around $72,000, right? $72,000 is  still the next major support zone. However, there might actually be a very strong bullish  scenario from here, which is the bear trap. When we break below, break back above, and we  actually start pushing to the higher areas. Now, there's a lot to speak around today, right?

00:43 As it stands right now, we are seeing a fake out in the USDT dominance, right? This could be  a very bullish sign for the markets. If we look at the stock markets, right, we look at the  futures today, we are seeing an engulfing candle come into play, right? If we look at gold, we're  seeing an engulfing candle come into play. So, yes, we saw a nervy bit of redness yesterday, but  it's being bought up incredibly aggressive today, which gets me to the point of speaking around  altcoins that are reacting well from this

01:09 bounce so far, right? Light is looking amazing. NEAR  is looking great. Zcash is having another run, right? We have Polkadot waking up. We have Uniswap  waking up. We have Ondo waking up. Tokens speaking on that I want to speak more about today, as well  as other tokens that are on the verge of possibly breaking out. So I want to speak around the  bullish scenario today.

01:26 I do want to speak around, okay, we did have the drop, right? What needs  to kind of happen for us to remain bearish, that we are going to go to the lower, lower  end side? And then I want to speak around the timeframe of how long I see until the  market, that if we hold certain levels, when we are actually going to start pushing  up again, and what are the best setups.

01:46 So, do me a favor. Smash up the like button.  Today, we're bringing vibes. Hope you got your coffee ready and your vibes ready. Let's  go. I try and help everyone in my Fam. We just got to get through these choppy periods.  Good news though, we've gotten through CPI, we've gotten through PPI, we've  got through FOMC. Right now, we can have a couple of weeks of just  markets not being too crazy chop, right?

02:20 And we actually might start seeing  some good aggressive moves coming into play. Now, what I'm getting ready for is what I've been  speaking around specifically in these exaggeration dips, right? Is long-term buys, right? Focus on  long-term buys. But now, at the second point, I'm starting to get ready to see, okay, when  do I start looking for major trades again, right?

02:39 And not only that, I want to chart  many, many, many altcoins to make sure I know which alts I want to move to. Now,  some altcoins are going to lead the race, right? They're going to basically start  off as you see today. There's a couple of bigger ones moving today. NEAR Protocol is a big  one. I spoke about this in yesterday's stream. I've actually been speaking about this for the  last couple of days, right?

02:55 Ondo is another one that I'm highlighting that I really think is going  to be strong and aggressive. I see AVAX making a move. Light is making a move. No doubt about it.  Decentralized exchanges are definitely showing strength in this cycle. We got pump.fun putting  in a good 10% so far. Uniswap also really good today. So there's a couple that are waking up  nice and aggressive, and then every day, two days, three days, especially once we start breaking  ranges again to the upside and no one can kind of debate that we

03:27 are bearish. Right now we still  have a bearish view. Okay, but when that's kind of erased, you're going to see new altcoins pop. So  the key here is to actually get yourself prepared and say, okay, what are strong alts? Now remember  the high timeframe entries, right? When we look at an entry, you look at high timeframe entry is  the best entry you get, right?

03:41 Monthly, weekly, low down, breaking key structures, catching  something for a cycle. Okay? Then you get to a point of trading, right? Trading the strength,  trading where I can make money, right? So again, the important thing here is to find, okay, which  ones are these that are in high timeframe breaking structure, showing strength? Which ones  haven't broken yet, but are good tokens, and let me put some alerts in, and it starts to  break.

04:05 I need to make sure I'm in these positions, right? And then as well as for trading wise,  getting ready for the next trades as well. So the best thing you can do in times like this is  preparation stages, right? There's one part you're focused on right now is long-term and spot buys,  right now. But at the same time, you need to start preparing your next trading journey, right?

04:24 Which  means that the more charting, the more structure, the more tokens you're monitoring and have them  set up and have a bit of a plan within them, the more you're not going to kind of  double-think things when it's time to trade, right? The last thing you want to do is when it's  time to trade, market's woken up. What am I going to trade? What am I going to buy?

04:40 Right? You  kind of need to know where you're moving first, where you're moving second, where you're moving  third. And by doing that, it's just preparation in times like this. When you have preparation  in times where no one's doing preparation, that's how you get a red ahead of the market and  get the better results in a lot of the markets. So, let's go through a couple of interesting  things first to start off the show.

04:57 The first thing I want to go through here is the  liquidations. We're still in a little bit of a little try stage, right? Basically  sitting at this verge of a bear trap, right? Or a continuation down, right? Are they  going to trap the bears, catch everyone off guard, right? And you can see here this big level sitting  at $75,000 recently where we've bounced, and now we're sitting at major resistances over here.

05:20 Okay, so it does mean again, just going back to the chart over here. Okay, it's quite clear that  if you draw the top trend line here, right, we are still going to be in slightly choppy territories  for at least another seven days as it stands. The only thing that changes that, right, is us really  smashing through $79,000-$80,000. Then we're basically breaking through the trend and we're  ready to go for new highs, right?

05:42 But if we look at it now, there's still this time pressure here.  Okay? Now, remember in this time pressure, for as long as we're here, you are looking for lower  buys here at this point. But at the same time, you also got to know that, hey, there's a bunch  of liquidity sitting here and sitting here now, right? This could chop around, right? And break,  right?

06:01 This could be the lows, right? And at the same time, if this ain't a bear trap, right, there  could be the new lows. Yes. Okay. But nonetheless, that's why for me, too much trading right here,  specifically on this token or this Bitcoin itself. Not really super interested, right? I'm looking to  actually buy nice long-term buys, some spot buys, maybe some starter positions, right?

06:25 But other  alts are actually breaking these trends and those will be available now as it basically stands. So  going back over here, we're looking at that. Don't be surprised for the next couple of days, we're  still a little bit chopped. Up, down, up, down, up, down. It's going to raise liquidity. We're  still in that range. Okay. All we're looking for is Bitcoin to not absolutely tank.

06:41 As long as  it's holding supports and there's buying pressure, you can see buying pressures in the markets. If  you look at the last couple of weeks and months, every time we had a pump up, it came all the way  back down, right? We literally did it three times or two or three times, right? Where previously,  guys, a pump would go all the way back down, right?

07:04 A pump would go all the way back down.  This time we are seeing some strength. And what I like about what we're seeing this time,  guys, is we are not making these slow moves up in these bearish patterns, right? And then getting  absorbed very quickly to the downside, right? Both of these times were very slow grinding moves.  What I like about this time is we actually have an aggressive move up and we're actually putting  in bullish patterns in play here, guys.

07:26 For me, it's very important to highlight right now that  the chart structures we are seeing today are not the same structures we saw in February to the  areas of May. They're not the same structures that we saw December all the way into January. They  are different this time. You can see that it's different, right? You could see that if you look  between the two different plays over here, right?

07:51 The bears were making the direct trending legs,  right? And the bulls were making the corrections. The bears were the ones giving the strong moves  where we would just see red and red and red on day after day after day after day for two weeks  straight. And then we would see a response, right? Look at where we are today, okay? Where  we actually, it's the opposite now.

08:07 And not only that, if you look at when this started, guys,  right? It started from the first major leg, this one up over here. Okay. And then it started  to chop up, then the next aggressive leg. So if you look at this of when we are starting, this was  the top, right? This is the stop that made us come all the way down through to the local bottoms  we've seen now.

08:29 Okay, you got to kind of look at this and say, hey, where we are now can very  much be here if you had to inverse and reverse it. This is the first little turbulence point  we're seeing after strong directional leg. And don't be surprised now if at any point now we get  another aggressive strong directional leg right into the next kind of chop stage.

08:48 So again, it's  very important to highlight where we are right now and that things have started to slightly shift  and we are definitely more trendy and aggressive when it comes to the bullish side than what we've  been for at least the last 12 months. And again, a couple of things from the zone that we broke  out over here. Firstly, the accumulation was strong that gave us the results.

09:07 Secondly,  the volume was good that broke out over there. Okay. So now what we're looking for, right, is  we're looking for a calm down and a local next low. Okay. Volume is going to taper down. And  as it tapers down, there's going to be a spike, right? And that spike is either going to be a  trap spike that comes down over here, right? Or it's going to be the next leg to the upside.

09:28 Now, when you have that kind of decision to say, okay, which one is it going to be? It's  very important to come back into play and see the pattern that's being formed. Again, I'll  highlight to you. This is a different pattern to what we've seen previously, right? The ones  that didn't work, the ones that failed out over there were uprising wedges.

09:45 Now, we are  seeing descending wedges to the downside. So, as it stands, it's very important if you  look again of updating your software, right, to think differently and know that if you're  thinking bear market mindset in a bull market, right, you're only going to, you're going  to miss a massive amount of the bull market, right? And it's all these different things.

10:05 So now  it's about, okay, are we going to hold these lows as support, right? Is this the major support?  Do we want to test 200-day moving average right around $70,000, right? This trend is going to help  us identify that, right? When you take this level here and you say, okay, that's the level we hit  yesterday and there's another level over here, it gives you an idea of the zone, right?

10:23 You  say, okay, if I look at the zones over here, there's the zone to accumulate for the next leg  to the upside. Now the crazy thing is, is support could hold, right? Where we got caught off guard a  lot of these times here, specifically in the bear, right? Was the pumps were just not strong. They  were not aggressive enough. So, if we look at this downside here, you would easily think that  this should go up here and then go down again, right?

10:54 But where it was very powerful was it came  and it had such a small little bounce and then another leg and a small little bounce. This one  was a little bit bigger, right? But look at that. That is where it caught many off guard because  many will be waiting up over here for the next sales, for the next shorts, for the exit liquidity  to kind of get out, right?

11:08 So again, many of us in our brain are like, it's quite clear this can  easily go halfway down and then go up again, right? What if it doesn't? What happens if it  respects the first supports that it's just hit? And that's when I got into this point to say,  hey, long-term buyers are focused now and getting something on yesterday's dip. And even now if  you're finding them on supports now, getting something in the game, having a few limits orders  lower down and knowing when that when that trend line breaks, right, that

11:35 is when I'm going to say,  okay, those limits may not get hit anymore. I'm going to start deploying on the confirmation  and break of the major trend lines, right? One more thing I want to show over here, let's  go look at super high timeframe liquidity. Let's go see on the monthly. Good sign, we're not seeing  tons of yellow to the downside. We're actually not seeing any yellow.

11:56 You have $70,000. The yellow  that was here was at $75,000. So if you look at this as a whole now, liquidity has been wiped to  the downside, right? Something to pay attention to. Okay, let's jump straight back in over here.  It's actually crazy. I was on Cal Street, those who don't have a Cal Street account, per exchange  in America, right? But I was looking at this over here and we were looking at how low will it get  in September, right?

12:16 And you can see over here, so again, you got prediction markets over here  too. Not many are saying 51% are saying below $75,000. How many are saying $72,000? Right? So,  it's quite interesting to see people's mindsets, right? We're not thinking too, too bearish  anymore, which I do like, right? I do like that we're not, I know a lot of the guys that are that  were bear and were saying we're going to $40,000 and that a lot of them are still bearish within  for new lows, but that's because they kind of missed the pump,

12:48 right? So, it's very important to  look at everything with a pinch of salt right now. This next chart is very important, which is  the USDT dominance, right? So USDT dominance, people getting into USDT. Now we did have  this resistance. Okay. And you kind of got to look at the flag that's being formed here. It's  basically a flat pennant that we're seeing over here.

13:07 So something like this is actually known  as a continuation pattern, right? It could be or it could actually be a reversal. And I'll explain  that in a sec. Okay? But this is something where we come in, we chop and we exit to the downside,  right? That's the continuation. A reversal, we actually want to see something a little  bit longer than this. It's not long enough, right?

13:24 Remember with a reversal, you want to see  a long accumulation and then a break, right? They call it the B Simpsons, whatever it may be. Okay?  So, if the market doesn't do anything for the next 30 to 40 days, then I get bearish, right? Until  then, I look at this and I say, "Hey, this is a continuation to the down." If we do decide to have  that pullback, go to $72,000-$70,000.

13:43 This is not a long enough combination to get us to the top  here, right? So, this is something where it will go up and then basically start moving down. As it  stands right now, it actually faked out yesterday and telling us that the market's very likely to  actually continue to the upside. Now, the second thing that it's telling me here is it's not ready  to go fully to the upside yet, right?

14:02 It's very likely to see a pop, okay? Then a rejection and  then a move to the downside. And that's when I spoke to you guys yesterday where trading, I don't  have to worry about rushing into trades right now because even if we do pop off now, it will confirm  the bear trap, yes, but there will be a secondary opportunity to get positions, right? Not just on  the trend break, on an actual rejection that I'll speak about shortly.

14:27 But this is a good sign,  right? Which means I want to get to the next point now. We speak around, is the market going to  pull back? Is it going to $72,000? We have to look at the catalysts, right? So the CPI, PPI, and FOMC  are huge catalysts, right? Having a hike, massive, right? These are things where it's like, ooh,  like, are we going to see a massive correction within the stock markets?

14:45 Okay? And is this  finally going to ruin the momentum of Bitcoin that we're seeing right now? Okay, now we are past  those three stages, so these next few days are quite vital that if we don't see strong aggressive  moves to the downside within gold, within stock markets, as well as maybe a rising, we did see a  rising dollar that I'll speak about now, okay?

15:04 But it's actually a very bearish level. Oil, right?  We want to see a very bearish oil, you know, if these things don't turn super bearish, the stock  market and that, like, I don't see us actually really having reason to go much lower, and we  could actually be seeing that strong explosion. Now again, I spoke around in September anyway,  now beginning October, very likely we're going to go on a next run to the upside.

15:31 There's going  to be a strong Q3 ending to a Q4 beginning for the markets, right? We're looking for a $90,000 to  $100,000 Bitcoin. We're looking for $150 Solana. We're looking for $3,300 ETH, right? We're looking  for things that are like NEAR now back to $4. This is still up to 50% lower from the all-time highs,  by the way. Right? But that is where we are right now for the next major leg.

15:55 Then interest  will come back. People will start flowing, and then we have the whole of next year to kind  of battle and say, hey, is this the mega bull run where Bitcoin goes to $200,000? Right? There's a  lot to go through, but there is money to be made. Now, let's go through the next important ones  here, right? Is these. So if it was super bearish, right, we got to look at gold now and say,  "Hey, gold's a key catalyst right now for me.

16:16 It's just something that I'm charting.  I'm trading." Yes. But at the same point, it's something that I am paying attention to.  See, is this super bearish? It bounced majorly on the 618. Okay. So if I look at gold as a whole  now, okay, it actually from here might be a little bit of turbulence over the next few days. That's  what I'm saying. The next few days, I think there might be a little bit of turbulence, but I do  see gold actually pushing back over here.

16:35 If it doesn't get through here, then I'm bearish after  that, right? But for now, as it stands, strength, right? If I look at stock markets, I look at  the US30, right? This I need to see a little bit more of a bullish move here. As it stands, we're  getting a bit of engulfing, but if it holds here, it's very likely to attempt lows again here and  push up.

16:58 That's bull. Anything here is bear, right? So, it's good to see that after the three  major catalysts that can turn these markets down, we're actually seeing some strength coming today.  Now, let's go look at the other ones that are key, right? We do have oil rejecting. So, there's  oil now rejecting the major tops for now. What I want to see as a confirmation is oil losing that  trend.

17:17 Then, we have the dollar that did explode. It broke out of that trend. But at the same time,  we look at the dollar and we move all the way out here. There's the major trend, right? So, for the  dollar to get bullish here, it needs to get into this range. Until then, it is actually bearish  to come to the downside. So the catalysts that can slow us down are slowly not there right now.

17:39 Right now again, why I'm saying these catalysts, because these catalysts could take us back  into the $60,000s. Right. This could, this could basically ruin the leg that we just had. So  even a $72,000-$70,000, that's still very bullish for the market. We want to know we ain't going  low, right? We're not thinking about that $40,000 level anymore, right?

17:58 All right. So, the more  these catalysts are not getting us to lose major supports, the more we know that there's strength  right now. The more that we know that the market just ain't the same as what it's been for the last  couple of weeks and months. Can I see likes if you agree with me, right? It's very important for us  to not get trapped too much in the mindset, but be optimistic, right?

18:17 Yes, we have to use a lesson  to not too crazy, right? And not too FOMO-ish, right? But at the same time, optimistic to say,  hey, this could be the bottom of the bull market, right? We got a lot of money to make, right?  So it's an exciting period to focus on. So let's jump to a couple of things I want to  speak around NEAR Protocol. I'm here charting on WEEX.

18:40 I spoke about this yesterday. Let me  know if any of you guys got this, guys. You're looking strong, want to pop, right? Accumulating  here between $2.20 and $2.40, right? And it's popped. We're now sitting at $2.80. So putting in  a nice 15% for the day. Strong rally up on NEAR. So I want to speak around this one over here. So  the important thing to know about NEAR is it's just bigger.

19:08 So there's very likely going to be  some short-term turbulence. All right. So in this stage over here, so let's go back to Bitcoin here.  Let's go to the 4-hour. I'm going to speak about the trust for a sec. Okay. But let's say there's  another opportunity now where the market does dip off. And we'll go through that in a sec. Right?  Something like NEAR could come back to the areas of $2.60-$2.50.

19:28 This could be a really good one  to accumulate some. No financial advice. Something that I am doing very much over here, right?  Once NEAR is above this major area over here, we are looking for a pop up to $6. You take this  top trend over here. Okay? You pop it in there and it gives you an idea of where the next squeeze  is all. That's how big I see the next legs, right?

19:50 And a lot of these major alts over here. Okay?  Okay, so the idea here is to accumulate it between the lows as very close to support as possible. So  again, that $2.40-$2.60 now it has risen after the recent move we've had to the upside, but one that  is waking up, breaking Bitcoin pairing, breaking the Ethereum pairing as well. And one of my  favorite altcoins going into the end of this year.

20:10 Okay, now I got a lot of alts to speak  around, but let's quickly go through this Bitcoin scenario over here. Okay, so is it a bear  trap? If it's a bear trap, I need to see this. So again, any short-term kind of volatility  right now, I'm not really focused on. I need to see Bitcoin rip up. I don't expect it to go to  new highs yet, but I need to see it rip up to at least $78,000-$78,500.

20:31 Get up here, right? Then  I think there is another attempt because the way it works with reversals is when we are making  these lower highs, lower lows, you need the first one to move up, okay? Then you need the  higher low, right? That's the important play. Okay. So if we look at this one, let me just  draw it correctly. Okay. So here, here, here, here, we're bouncing up.

20:55 We need the first higher  low. That's the sign we need over here. We come straight into the trend line, higher low, break  trend. That's the confirmation. Okay. So for me, I want to see a move up over here. Then I want to  see a drop. And then I want to see a move to the upside. The trend will be the confirmation. Right  now, as it stands, it's telling me by next week, Friday, right?

21:16 That's as it stands. Okay. Which  means we got to basically now take these two plays here and say this is still the range, right?  We're looking for your first buys on Bitcoin anywhere between the $75,500-$75,000 range, right?  Even $76,000 to $75,000, that's first entries, right? Buy some Bitcoin, load some stock, load,  load, load for the cycle. At the same point, you know that for as long as we're below this  trend, $72,000, right?

21:43 $74,000 is still available and possibly even $71,000, right? That's where  you allocate and you leave the rest to come into play over here. Okay? So, that's the two plays.  So, again, the bearish side of things over here is we don't hold. It's not a bear trap, right?  And we actually see this come into play. So, again, that's a play for it to be a bear trap.

22:07 So  I need to see altcoins move up here, higher low, explode. Good sign is we know that this range is  now correct. So if you go to altcoins now to three chart, you can actually draw up this whole range,  right? Where are my lines here? Boom. Okay. So you can draw this one at the top here. You can draw  this one over here. That's the range. Okay. Only anything below that do we think lower.

22:39 Until then,  the buys are actually sitting close over here. Okay. Again, if Bitcoin does push down to $71,000,  we are looking at the next. So, I'll show you the two zones. So, here is we hold the $75,000s. Okay.  Here is we go to $71,000s. So, if you take it as a whole, there's your ranges. Okay. And I'm  looking that if we get another dip off now, which we should, okay, after the next push, then  we're looking for load-up zones over here, right?

23:06 Bitcoin dominance tanking. Tanking. I spoke to  you guys yesterday on FOMC's give direction to dominance. Good news is it sent the dominance  down, which means that even any pullbacks right now, we're very likely to see that it's a little  bit of a Bitcoin catch-up. Altcoins are a lot stronger than what we think. Okay? And that's the  importance again to say, hey, are we still in the bear cycle mindset, right?

23:29 Because this wouldn't  be happening previously, guys. If you look at all the other times in this year, look at the spikes  in the dominance, right? Look at the pattern we're forming now. We might actually lead the next cycle  with altcoins leading the cycle with having the Ethereums. And this will remind me very much of  2021 where we did have the altcoins lead a part of the cycle, right?

23:51 Where we saw the Ethereums  dominate and do incredibly well. Okay. So, what we want to see over here is we want to see us really  start moving to the downside. Then we're looking over the next couple of weeks to the mid to the  low 50%. That'll be the biggest drop in dominance we've seen in up to a year, two years, right?  That, that is what we want to see.

24:08 For now, there can be strength that comes in very likely on a  Bitcoin bounce. Okay, but if we see more redness, we want to see us lose this. So either way, it's  bullish for the markets, but at the same time, it's really nice to see on altcoins. Right. So  going back here to ETH. ETH bounced in the zone. So it's clear right now $2,300-$2,200 is the first  levels of entries for ETH.

24:25 If we see lower, for as long as we're not above that trend, the bull  trap, we go up, higher low. Okay. But for as long as we are not above that trend, you still have  $2,100-$2,200, right? Looks like $2,200 is the strong level. Okay, if we look here at Solana, SOL  bounced exactly in the mid $90s we spoke around. Okay, that's the area you want to accumulate SOL  positions.

24:48 It ain't ready to pop just yet. Again, what changes that is we send fat green candles  like this. It's time to go, right? Good news is I'm doing weekend streams. I'm doing shows every  day for the rest of the month. There's a lot, lot of time we're going to spend together going  through all of this. Okay, but as it stands right now, this can be the bearish scenario.

25:05 Okay, and  the bullish scenario is up here. Higher, low, go, guys. So, all of these trends, I want you to  put them in. That is when we start trading, baby. That's when we start opening positions.  Trade, trade, trade, trade. For now, this is where we're accumulating for the long-term bags, right?  We look at XRP. XRP zones are still sitting for now.

25:27 As it stands, XRP is quite far from a bull or  bear trap. It's still quite bearish, to be honest. So something like this, I'm accumulating the mid  $1.10-$1.20 cents mark. Okay. And then all the way down to around the $1.15 cent mark. That's the  range right on XRP. Little bit more accumulation right now. Good bounces from AVAX. This is  one token that I'm saying there is a little bit of timer here to slowly start accumulating  AVAX, right?

25:47 If you believe in the way I do, okay, I think this is, this is one of the best  opportunities in the market right now. The bounces are good and it's actually closer to a breakout  than the rest of the altcoins. So keep that in mind over there. Then we look at Cardano. That's  kind of still trending. Good long-term plays over there. Good bounce on SUI.

26:05 SUI is still a couple  of days from a major breakout though. So, for now, my SUI buys are still sitting between 60 and  70 cents. Okay. Ondo, one that I've been really speaking about. So, I do think there is going to  be another little push. Okay. I do think there's an opportunity like this and then this, but there  can also be this, right? Right. So the Ondo range is slightly starting to move up and I'm going  to break it into two ranges.

26:28 Right? One where I'm accumulating in these zones here between 34  and 37 cents. Right? Then there is the scenario of Bitcoin dropping off and we're looking at  the low 30 cent mark. Okay. When it comes to high timeframe views here, I'm not really too  bothered about the extra three or four, 5%. I'm looking for a move up to 60 cents and I'm looking  for a move up to 65 cents in the next major leg.

26:52 Ondo is a lot stronger than what we think right  now. Injective is on the retest line here of the weekly breakout. Injective is in buy zones, right?  Hyperliquid giving a good bounce right now. I want to see major buys just yet. Zcash just ripping.  Absolutely ripping. Let's actually look at a couple of key fibs here on Zcash and see where  we at on the cycle.

27:11 Okay, next one is at $670. That's where the next extended fib is sitting.  Crazy, crazy. Uniswap. Great move from Uniswap coming from the weekly. Looking really good. One  that did bounce yesterday as well is Render. Okay, not super ready yet. So, Render, I'll still  be accumulating here between $1.10 and $1.30, right? But again, one of my most bullish tokens  for the next cycle.

27:37 Something that I think is going to do incredibly well. Tao, not much there.  It is on the other side of the trend though. So, accumulations are basically between this area  of $190 and the $210 mark. Guys, I will see you tomorrow. Remember, if you don't have a Cal Street  account, anyone in the US, you can trade per here, right? As well as prediction markets.

27:58 If you  don't have a WEEX account, you're looking for a platform where you can trade DeFi, right? As  well as crypto. And to be honest, one of the best exchanges in the world right now. There are  two for you guys. Links below in the description. Thank you for watching. Thank you for being  so great. See you guys all tomorrow. Bye-bye.