October is a bullish month when Bitcoin has just entered an early weekly bull trend, but the trend matters more than October's historical 19% average gain.
Searchable transcript of BITCOIN: OCTOBER!!!!!! — Ivan on Tech (54:07). Search for a phrase, then click its timestamp to jump straight to that moment in the video.
Captions sourced from the original video on YouTube, published by Ivan on Tech. The video, its captions and all related intellectual property remain the property of their respective owners; AINotes claims no ownership. Provided for research, accessibility and search — see the Transcript Notice and Copyright Policy.
00:03 Oh yes. Oh yes. Yes. Guys, welcome to another episode. And as you can see right now, Bitcoin is still at 83.5. We're going up a bit. We're going down a bit. The intraday volatility is quite small. Yesterday, we did all we did see a pump all the way to 85. We did go all the way to 85. But at the end of the day, the day ended around 84 83. And guess what?
00:25 A new month has started. We're now in October. We're now in October. Some people are analyzing the past performance of October and they come to different conclusions. For example, last October it was time to be bearish. We said to be bearish in 2025 in October. This October it's time to be bullish. Now it's not time to be bearish. Now it's time to be bullish.
00:48 Why? Because at the end of the day the month, the name of the month for us does not matter. The name of the month does not matter. What matters for us is where we are in the trend. And right now we're in the early early early bull trend. This is what matters for us. When we just started a new weekly bull trend, it is time to be bullish. Now whether you have October or June or July or February does not matter.
01:15 But in this case, it does align very very nicely with this notion. This notion of October up to some people say up to bear up to bear might might go both ways but the highest probability where I'm putting my money is on the up up and up and up and up and up and up because we have to make a bet. There's never going to be 100% clarity with anything. And there is good mathematical statistical way to analyze October and see that yes most of them are bullish.
01:48 On average, we're up 19%. You cannot base your strategy on this. You will get very wrecked if you base your strategy on just the average. Just like last year, most people got very very wrecked. But but but you can absolutely base your strategy on the trends and the trend just started. So it does align very nicely with the notion of October. At the same time, guys, we have uh crazy things happening in the bond markets.
02:13 The UK yield across the board different yields whether it is the 20-year yield, 30-year yield, 10 year is skyrocketing. The US yield is doing the same. US yield is skyrocketing as well. But not only that, Japan is also skyrocketing. New Zealand skyrocketing. France, look at France. Everything is skyrocketing. The yields are skyrocketing. And this is a signal that the financial world is losing trust in bonds.
02:42 It's losing trust in bonds and bonds are in a way you can say a Ponzi scheme because governments have deficit. They need to raise new money to pay for the deficit. The deficit grows. They have to raise new money to pay for the deficit and then also when they raise money it creates more deficit because it's a loan with interest rate and the interest rates now are getting very very big.
03:02 This is basically the increase in interest rates because the market demands higher interest rate. the market, the capital allocators, the bankers, the funds that buy treasuries, they now demand higher interest rate. Uh otherwise, they're not interested in buying the bond. So you have now this interesting dynamic where the so-called risk-free rate starts to feel not that risk-free anymore because the risk-free rate is normally what you call the US uh treasury yield because US is seen as the best creditor nation in the
03:33 world in terms of you can give them money and they're going to pay you going to be paid back you're going to be paid back and u it's true that if you compare to other nations it is the best but it itself is getting quite bad everyone else is getting worse. first but it itself is getting quite bad where the financial markets are not comfortable lending without getting a big fat interest rate of 5%.
03:55 So just like Eric Warhei said the other day that it's a greater fool game. Okay, you have to be very careful here and Bitcoin is the perfect solution. And gold is a perfect solution because either you're going to have the government print money in order to figure out their deficits that will increase the risk of inflation which will make bond investors worried because they get paid in dollars.
04:22 If dollar hyperinflates um they they will not get paid. They they may even lose money on the bond. So that's where they may start selling the the the treasuries into the market. So there is no good solution here because the the Fed could print money. Maybe they can buy the bond themselves. That's what they normally do with yield control. They print money, they buy the bond and then they try to ensure that that money does not translate to inflation.
04:45 Uh the printer will have to come on in one way or another. There there is no way around it. And uh the way they're going to try to do it is that they print they buy bond and potentially it's not going to be inflationary. I don't know how this is going to happen guys. It's impossible. The balance sheet does not make sense. The balance sheet does not make sense.
05:06 And uh in this situation having crypto, having um uh gold, having something that is real is very important. Very important. Look here. This is what Eric War said. Holding government treasuries is the greater full theory. At empire scale, dollars will be continually printed to pay otherwise unpayable debt. as they're printed, a holder of full bonds will demand higher rates uh to compensate for the debasement.
05:36 Basically, what we said that as they are printing the dollars to fix the deficit, but also to buy their own bonds so they can basically make them look more attractive and that the price is higher. um as it happens it will be inflationary which will at the very end still lead to everyone being concerned with a bond because bond holders are paid in dollars.
05:57 So if they are hyperinflated it's very bad. So this will continue continue gradually until panic happens and then greater fool theory is answered. Don't own full bonds and minimize exposure to fiat. This is financial advice. This is from Eric Workis. He's saying you need to have some Bitcoin and it's very very true. Now whether the collapse is going to happen this year or in 10 years or in 20 years, who the hell knows?
06:21 Who the hell knows the bond rates are pointing up meaning that people are concerned they demand higher yield and see the money is not flushing in. Normally when bond yields go up, it is balanced by more people buying the bonds because you can get such a nice yield and then the yield goes down. But it doesn't happen now. For some reason, the bond yield just keeps climbing because no one wants to buy here even though you have such a nice yield.
06:50 So if no one buys, the prices of bonds keep going down. When the price of bonds keeps going down, the yield goes up. So very interesting dynamic, guys. But we have Bitcoin, we have crypto. So we're safe from all of this. That's very, very important. And again, the US is not looking good, but everything else is worse. Everything else is even worse. So having a nice October here would be fantastic.
07:11 Would be fantastic with a nice juicy October to basically show that there is an alternative. There's an alternative to the fiat fiasco and that is crypto. Very very important guys. Also there is a lot of drama. There's a lot of drama with Adam back. Uh we covered it yesterday that Bloomberg basically is accusing Adam back of running a Ponzi scheme of uh Blockstream not being okay.
07:36 You can go back and you can rewatch you can rewatch the episode. But Small Pee did come out with a bit of cinematography. Cinematography around Adam back our friend Bit Boy and how we manage the Bitcoin path higher and higher and higher in the skies. Look at this. >> Adam, what are you doing? >> Stay out of it. >> There are people on THIS PLANE. >> IVAN, FLY THE PLANE.
08:04 THERE, we're level. Why were you coming up here? >> When's the food coming? >> Not now, Ben. >> Big fat shout out to small small peep. Some people are saying, "Oh, Ivan, you shouldn't joke about the recent news with the plane." I don't know, guys. You let me know. I can understand. I can understand. I can understand. But small peep, man. The guy. The guy.
08:27 The guy. The man. The m the simatographer. The cinematographer. The legend. Man, watch. Watch this. Watch this again. >> Adam, what are you doing? >> Stay out of it. >> There are people on THIS PLANE. >> IVAN, FLY THE PLANE. >> THERE. We're level. Why were you coming up here? >> When's the food coming? >> Not now, Ben. >> Yeah. Anyways, big big welcome everyone to the show.
08:56 Someone says Ivan said he's a bond holder a few uh days ago. Yeah. So a part of my portfolio is in bonds because at the end of the day everything is bad but u uh US is still the best. So I want my portfolio diversified still but it is more concern of course it's more concerning when you have this kind of situation. The good thing is that you do get paid more in in the money market now you get you get paid a lot more you get paid a lot more.
09:20 So this is why when we speak about the different risks if it is a tail end risk that's growing it doesn't mean you have to be drastic. Just like when people say stock market is going to crash, bond market is going to crash, it doesn't mean to you know sell everything, sell everything. I have a very nice diversified portfolio. So no matter what happens, I will be okay.
09:36 I mean it's impossible for me to be in a bad position. So that's that's a risk. It doesn't mean that you know everything need to change now to manage that uh that risk because it is still small. A US bankruptcy is still very small risk. A US hyperinflation is still very small risk. at the trajectory and see the US doesn't have to go bankrupt for Bitcoin to go to a to a million bucks.
09:58 You understand? So in Bulman we speak a lot about this how to manage risk. How to ensure that you're in good position no matter what. When there is a risk increasing for example Bitcoin has quantum risk. Everything has risk. US government they have deficit risk. Bitcoin has quantum risk. It's not fixed yet. It's not fixed yet. So you need to ensure you need to ensure that no matter what happens you're good.
10:19 And we have a very nice juicy diversified portfolio that pumps in a very very nice way but stays protected so that uh nothing can uh can kill us. It's very important. Stay alive. The number one rule in the market stay always always always alive. Guys, also big shout out to everyone in Bullmania. We did publish our September results for the daily market analysis.
10:42 If you watch daily market analysis from Jason or from TU, this is a bit of a summary. So the new additions that we've been covering during September have have been Avox near Cake. I mean you can see the different ones here have been covering since ages and ages and ages ago. Also the interesting thing is that the uh AI stocks still have been doing well.
11:02 This is since January that we cover SanDisk. Um uh still the AI trade is alive. Not in the same way as before. We're now way heavier crypto. I mean if you watched us this daily analysis in Bulmania just a month ago, two months ago, there was basically no crypto. Everything was bearish. It was only AI stocks and main focus was AI. Now cryptos are coming back bigly bigly bigly.
11:27 Some AI stocks are still bullish. A lot of them have turned bearish and uh we still keep keep an eye on the bullish ones. And then you also have cyber security. This is from June. We're rising it very very nicely, the crowd strike. So guys, if you're in Bulmania, this is something you should watch every single day. Daily analysis, daily market analysis as we call it.
11:45 And fantastic, fantastic results here in the in the right. The only loss is the circle one. And by the way, the the good thing is that even if a loss happens with the position size, with the risk management, it doesn't really matter because the downside is limited and small while the upside is unlimited. Okay, so that's that. Also, did we say welcome to Guzman?
12:08 Big big welcome to Guzman for time stamping yesterday. And September ended, so we are now restarting a new month with Bull Mania Arena. These are the winners of the Pionex prizes. They will be divided in the coming days. I will explain to you how they're going to be divided. Basically, the half of the money is going to go to the top three traders and the rest is going to be divided with everyone else.
12:31 We're going to push more updates about that on Twitter. So, go follow me on Twitter. And now it's a new month, a new month. So go to arena.bsme.com, connect your Pionex. You just enter your UID. And now also you can connect your Bit Ununix because Bitunix is our new partner here. They will be giving away 20K in monthly cashbacks. Again, most of it is going to go to top three and the rest is going to be divided.
12:54 How to join? Just connect your Bit Unix UID and that's it. Whatever exchanges we support, just go here, connect your UID. So and just then if you can trade normally, you can just trade normally. In case you qualify for a big fat cash back, why not? Why not? Literally for you, nothing changes. You just go to arena.booming.com link below. You connect your exchanges and you feel fantastic.
13:14 You feel fantastic because we negotiate all the time with different exchanges to give us cash back. We bring volume. We bring users. We need to be rewarded. Our community needs to be rewarded. So that's how that is. Moving on, guys. Moving on. U so we have October coming. October coming. I want to highlight the importance of simplicity. Okay, it's time to keep things simple.
13:35 Okay, don't over complicate it. Sometimes it's better to just be dumbo dumbo and keep things simple. Simple. October is here. Don't over complicate it. Okay, now is not the time to see that sometimes October is bearish. Sometimes it is like last October. Sometimes it's bearish. Now is not the time for that. The time for that was when we were in bull market and everything was super hot and all coins did you know millions of percent dog with hat went to five billion you know there was a time when the market was
14:05 overheated and it made sense to be careful now the market is undercooked when the market is overcooked you can be concerned when the market is undercooked literally now we enter the new bull trends it's time to be bullish even if there is short-term volatility let's say we go back to 80 maybe we go back 275. At the end of the day, in a month, in a quarter, you're not going to remember any volatility already.
14:30 Now, if you look back, people already forgot that we had a bit of a scare here back at the early in the early September. You guys remember early September? People were super worried because we went from 81 all the way here to 74. People were so worried. Now, no one cares about it. No one remembers it. It's not a thing anymore to speak about the great September volatility, you know.
14:51 But during that time it was discussed a lot as oh it was a fake rally. It was B. There was a famous famous famous band. Famous our dear band. We love band. We love band. Not not Bit Boy. Not there's another band I love band. I love Bit Boy band. And the other band I also love. He said it's going to be Bart. He published a Bart pattern and everyone was saying Ivan we're going to get Barted.
15:16 We're going to get Barted to zero. And this band I liked him because also he said that he's wrong. Perfect. But uh many people said it's going to be Bart here. Many people said it's going to be Bart. We said don't over complicate. Don't over complicate. Be bullish. It's new bull trend. You don't have to over complicate. When you over complicate stuff in a new bull trend, you're literally shooting yourself in the foot because the market is undercooked.
15:44 It's not overcooked. Okay. when it's undercook you're bullish and you keep it simple and you know my stats but I keep reminding you also guys there is a a bullish macro there is a bit of a bullish macro why because the inflation came out uh lower than expected so you know with the bond yields with everything people are concerned about inflation mainly but inflation did come out a bit um calmer than expected let me bring up the news here cooler than expected reading here on the PCE inflation.
16:20 PCE. Now, I could have told you that already before the news because everything is in a bull trend. Okay, Bitcoin is in bull trend. So, I can already tell you that people are bullish here. Like the smart people, the big money, they're bullish here. Uh even before the news, I could have told you that which I did by the way every day here. So, Lana, even before this news, but now you also have the news coming out saying that BCE inflation eases to 3.4.
16:46 for cooling the case for cooling the case for another Fed rate hike. So basically now because of the inflation rate coming out lower lower than expected now people are saying potentially there's going to be no hike no fed hike and guess what uh you see it in poly market you see it in Calip you see it reflected across the board there is no Fed hike coming in the situation we're in now a Fed hike is not bearish but a Fed not hike is mega bullish okay you understand just Like last month we said don't worry about the Fed
17:22 hike. They hiked nothing happened. But if they did not hike we would pump even more. Uh bad news now doesn't matter. Why? Because the market is undercooked. When market undercooked bad news doesn't matter. Clarity act failed. I told you don't worry. Don't worry. We gave you clarity. Clarity act gave you no clarity. I told you don't worry about clarity act.
17:39 It failing does not matter because market is undercooked. When market is overcooked is vice versa. The smallest bad news dumps us because everyone has already bought. There are no new buyers. No new buyers means down. So that's that guys simple simple I mean the market is simple when you understand the mechanical rules it's simple guys it's simple you have to over complicate you don't have to worry oh so worried people so worried and guess what if you are in in XRP are you guys in XRP some bullish news for our XRP
18:06 fanatics okay and by the way I should get some kind of rewards some kind of you know shout out or announcements because we've been covering XRP more you guys XRP fanatics you've been always wanting more XRP coverage and we're covering it way more now. Way more. I mean a year ago we would not cover anything because it's uh you know vaporware but now that it's bull trend now that is bull trend we're and other guys other guys even other guys where's our shout out from the other guys we're covering other now it's bull
18:38 trend. So look here with XRP. You have this company. They are they are going to be deploying $473 million into XRP and they're going to have uh this publicly disclosed corporate XRP holding. There you go. There you go. If completed as planned, the deal would mark another major step in the instalization of XRP. And guys, you see the mechanical rules and bull mania, it even has an impact on how how I see the world because with bull trends, it's so easy to be bullish even on things that you know technically technically
19:15 you don't really care about. With XRP, guys, I mean, I still cannot convince me to like it technically, but guys, it's bullish. It's bullish. It pumps good, good, good, good. And we leave everything else outside. We leave everything else outside. It's a memecoin for boomers that like uh crypto but they still want the suits. Okay, it's it's it's a big market guys on every Thanksgiving on every barbecue.
19:37 There's a boomer with suit and he loves XRP because he kind of likes crypto but he wants to be you know crypto with suit crypto in a suit. Okay. Then there is another type of similar boomer could be like his cousin or something but he likes Hideera. Okay. And Hideera has some news now with ETF. Let's see. Hideera. It's like these two these two brothers, you know, the two brothers.
20:05 One of them, one of them is XRP and he wants crypto with suits. So, he got does XRP and another one he also loves a bit more smart contract and he is uh in more into Yeah. Hideera basically. Let me see if I can find where is this news. H bar. Harge bar. Spot here. Here. Here. Look here. Spot Hideera. ETF has had a bullish a bullish September. There you go.
20:31 There is currently only one spot hider ETF from Canary, but that ETF is on fire. For such a small old crypto asset, investor interest in HAR exposure has proved strong. H but only four million, guys. It's nothing. It's nothing but okay. Okay. It's good. It's good. In the in the bull market, guys, we need to be bullish. We need to be bullish. So, Hideera, they have the spot ETF XRP.
20:55 Fantastic. Fantastic. Guys, let me know guys if you're in Hideera. You're in Hideera. What's happening? You guys are in Hideera. Big shout out. XRP guys. Hideera guys, we're with you. We're with you. Now, let's check what ADA is doing because we have joked so much about ADA. I'm actually uh I'm becoming a bit proud of the chart of the ADA chart. But let's see if they managed to get higher or what have Oh, guys, they actually did not m Oh, guys, what are you doing?
21:17 What are you What's happening here? So, the crypto chart is not Let's see. Did any of them flip? Oh, guys, this so typical ADA going for but okay, Palonia is bullish, but it doesn't count because it's so small, guys. It's so typical other, you know. Binance did not flip. Coinbase. Oh, Coinbase actually flip. But I want the big exchanges to agree. And by the way, guys, soon we will be launching AI charts because Trading View is very, very bad platform for users.
21:53 which is super expensive and also doesn't really work for you see our use case here with the trends when you have different charts this and that is too complex. So soon we're going to be launching our own native Bulmania AI chart with the AI integrated fully. It's going to be like you know clawed for with charts. It's like we're uniting Bulmania AI and charts money line is integrated everywhere.
22:16 It's going to be super super easy. So we don't have to you know this you know we check different we check this we check that uh different exchanges but you know the rule now when we're forced to use trading view is that the big exchanges like Binance Coinbase Kraken have to agree but yeah uh this one is on the brink on the brink of going bullish uh everything I mean there are no big alcoin moves so we don't have to regurgitate regurgitate is that how you say it regurgitate the same things we said already like days ago
22:41 there are many bullish uh bullish altcoins and uh nothing has really changed too much let's check the the the movers. Ah, guys, the other guys, they are being uh I don't want to say it, but they have been cucked in away by midnight. Okay, I don't want to say it, but I said it. Sorry, guys. Sorry, guys. We're we're we're uh we're trying to keep it clean, but it is the reality here where the other guys, you see, they cannot go bullish.
23:09 Why? Because there is another guy in play here, and that's midnight. Guys, if you have this is the big problem. The other guys are getting fully robbed by the midnight guys. Okay. And the midnight chart looks amazing. Looks amazing. Okay. And you see the midnight chart is stealing your girlfriend basically. And how does it feel to be an ADA holder when you support Charles?
23:36 You support you support everything when midnight is running circles around your investments. This should have been your chart. See, it should have been your chart. This should have been your money. This should have been your glory. And instead, it is midnight. Your neighbor, your previous Cardano friend, he bought midnight. You did not buy midnight.
23:59 So now there is a bit of concern in the community. There's a bit of concern in the community. There is division in the community. There is bad blood in the community. Whatever Midnight is doing, it should have been on Ada. I mean that's what I would be saying if I would be an ADA holder. I would be saying, "Hey, why? What the hell? What the hell? Why?
24:18 Why is midnight privacy? Make it make it other make it? What the hell? Why are you making new coin? Why you make new ICO?" Okay. So, all in all, midnight looks good, but it doesn't help the other doesn't help the other holders. The other holders are left behind. See, it's the problem with one founder two coin. Why does it sound weird? It's one founder two coin.
24:43 And you never want to be in such situation. You never want to be in such an intimate encounter when there is one found or two coin. The dynamic becomes weird. It becomes very weird. But guys, you're in the middle of it. But that's good. That's good. Big shout to to Ada to the to the one one founder two coin situation. Big shout out. Big shout out. I don't know if people get the connection here, but I see Goodman got the connection.
25:10 Goodma got the connection. I don't know if it's like too old of a internet trend this you know with one founder two coin kind of the thing but maybe people know it still okay so um yeah bullish everything bullish u let's see gold gold will break 5k in second half of 2027 says Morgan Stanley there you go that would be very good for gold and by the way guys if you are investing in AI you have a cheat sheet you have a cheat sheet here with what to buy.
25:42 So PTOS, president of the United States, he has a dinner. He invites all of these geeks here. No, the Juangs, the Zakarberg, uh Dario Amado. Oh, what is this? What is this? What's this? Uh yeah, I mean they need to kiss uh something Trump's something. They need to they need to see what what is he doing about I I think he learned human flouring or something but he's deploying it on the on the wrong eye.
26:15 But yeah, he he needs that uh approval or Yeah, it's interesting. Why are they why what why what are they guessing from Trump? It's it's uh approvals. It is funding. What are they guessing? Because you see here Zuckerberg Zuckerberg never does this to me. He he never looks at me this way. like he looks at Trump. Why does he look at you this way? Like he he looks at Trump.
26:37 So there must be something involved here. He's getting something here. Oh, look at Zuckerberg. Look at Zuckerberg. Oh, look here. Look here. He got the clap. He got the clap on the shoulder. Oh, he's like, "Oh my god." Yeah. Uh I I think for Zuckerberg, you know, being an introvert, the whole situation is intense. You know, he tries to do some human behavior here.
27:04 Oh. Oh. Oh. He's like, "What what should should I do? What should I What should I Okay, I stand here. I stand here." Then he got Okay. Okay. Let me tell a joke. Okay. Yeah. The Google guy. The Google guy. Okay. Mr. President, give me attention. Give me attention. Oh, look. He said, "Go away. Go away. Go away. Go away." Look here. He's like, "Hey, you you know you butler Indian butler go."
27:28 I'm joking. I'm from Belarus. UK you can watch. You can you can make joke but it kind of feels like that you know. Yeah. Go. Is this support agent or who is this? Sir, may I close your ticket. Yeah. Okay. I joke. We're joking guys. We're joking. We're joking. But anyway, the conclusion the conclusion here. The closer you are, the closer you are to the to the to the president, maybe the stock will pump more.
27:55 So you have a bit of a map here with Potos, Tesla, Elon Musk, very close to POTUS, very close to Potos, Johnson Huang here, Meta, Sundai, Pichai is this guy we just saw, CEO Google, uh, Alex Kart, Palanteer, Anthropic here. Where is D? Where do they put Dario? Because you know Dario, they he's has bad connection with um Trump. He doesn't uh they they they don't gel.
28:22 He even got hit with the export export restriction. Where is Dario? Dario. Oh, here. Oh my god. Look where he he put Dario. Is he not even close? Where is Sam Alman? Did Sam Alman come? Sam Sam Sam Alman didn't even come. But I would guess that if Sam Alton would come, he would sit closer to Trump because Trump and Dario, they have a they have an issue.
28:50 They have an issue. They you can you can Google it yourself, but they have a big issue. They have big issue. Uh with anthropic not serving US government, with export ban for anthropic, they have big big issue. Big big issue. So my guess would be that if Sam Alman would come, he would sit closer. Oh, David Saxs. Did he quit as the crypto guy in the White House?
29:13 Because now he says it says Craft Ventures. So, I guess he's no longer the crypto king or cryptozar. Cryptozar. See AMD. AMD woman. She Yeah, she's farther away than Nvidia, but she's Taiwan, so it's like a foreign. Yeah. But AMD is Taiwan. Yeah. Or no, just or maybe it's not. T C T C T C T C T C T C T C T C T C T C T C T C T C T C T C T C T C T C T C T C TsMC is Taiwan, but AMD is it Taiwan or not?
29:44 Let me double check. Let me quick double check. AMD where based where based where based based Oh, no. Sorry, sorry, sorry, sorry, sorry. TSMC. Yeah, headquarter. Okay, never mind. Never mind. It was her name. Uh, Alex Karp Palier Palier guys is far away. But anyway, yeah, I mean there are so many only so many spots. Bezos Bezos here has a good good view here.
30:16 So yeah, basically AMD if you if you look at it, David Sax is like a government guys. But yeah, it's like AMD has a good spot, Amazon has a good spot, and then Elon Musk and Jensen Huang. That's basically it, guys. That's basically it. Those are the closest. And Zuckerberg, he didn't get a close spot. He got this, you know, how they gonna how he's gonna speak to Trump.
30:39 He needs to yell across Jensen Huang. How he's gonna he's he cannot do it. Jensen Huang can whisper in his ear all all day long here. He can whisper stuff and Elon Musk can also whisper stuff here. Maybe Elon Musk removed some Altman from the dinner. Maybe that's how it was, guys. I mean, it's fascinating. I I I wonder how, you know, it it would be fascinating.
31:00 Fascinating. Fascinating. Fascinating. Fascinating. So, guys, let's go to Q&A. Let me just see what here what um what um Anom is saying. Reach out to Anom. Reach out to Anom. Let's listen. >> Have you looked at uh the paper trade stuff? >> I don't It's not out yet, right? On uh Yeah, I I haven't I haven't um like I know I know how it works. Like the uh >> I understand the concept.
31:29 It's cool. >> Yeah, I just try it. I think it's going to do really well. I I think um yeah, I don't know why to speak about I thought it would be bullish paper trade. Yeah, basically Hyperlquid now has paper trading, guys. So, if you want to do a paper trade, you can do it on Hyperlid. Uh guys, let's go to Q&A. That's it. I mean, there's not too much today to be fair.
31:51 There's not too much. I mean, we're just uh here drifting around 83, but it's time to be bullish, bullish, bullish, bullish, bullish, bullish. Oh, by the way, some Pango drama. Yeah, let's discuss that. Let's discuss that. Uh, by the way, Sana 8% of memecoin tax volume last week. So, Robin Hood, I mean, you see everyone saying Sana is going to die, but it doesn't die.
32:11 It doesn't die. You can have Robin Hood, but Robin Hood is a corporate chain. It's hard to compete with Salana when you're a corporate chain for the dig stuff. Okay. Now, let's let's check the what happened to Abstract. Abstract. Let let me ask Bullmania AI. What happened with abstract and pengu pudges pudgy penguins luca nets some drama let me see let me see here because the drama is basically that they will be potentially removing abstract chain that's what I saw quickly yesterday because Lucess removed the abstract
32:47 logo from his uh profile and uh that was basically the news And then oh yeah also the main guy in abstract chain this Saigar he removed his money from abstract that was also a thing. Guys, there is another drama with Metam Mask and Joe Luben. Guys, we need all the drama. The show biz the show business needs to go on. But it's also quite important because look here.
33:21 Um, one second. One second. Metam Mask potentially has an issue here. Here, here. So here, one second. Twitter changed the UI. Here are my likes. Here are my likes. Okay, we'll hear. So a wallet linked to ETH co-founder Consensus moved 350 million to a new ch to a new wallet to a new wallet. And this came at the same time as there was news that Metam Mask is having some kind of sec security problem.
34:03 Responding to security incident affecting part of our infrastructure. At this time, we have identified no immediate threats to MetaMask wallets. As a precaution, we're proactively existing affected validators with our non-custodial staking operations. So, this is I mean I guess it is only it only affects the staking stuff. Uh but yeah, uh keep an eye here.
34:25 If you use Metamas, keep an eye here. Keep an eye here. And at the same time, Joe Luben moved a bunch of money. Could be a coincidence. Maybe not. Maybe not. So, that's that. Next, let's see what's happening with the with the abstract. With the Luca, with the abstract. Let's Let's check. Let's check. No real drama. Okay. Okay. Okay. Okay. Okay. No split.
34:56 No fun exit. No. No. No. But wait, wait, wait, wait. Let me just double check here. But but Luca removed abstract logo from his this is the level of our industry guys you know oh you removed the icon from your logo was from your Twitter profile what's happening what's happening the there is something with like abstract and caigar um so yeah let's wait for that answer let's see check super check this check that everyone's saying check this check that check okay let's Check some let's check some stuff guys.
35:32 Let's check some stuff. Let's let's bring the power of mechanical rules of the money line to the average player. You have very nice situation with superverse. Super just closed bullish. Very very nice. First time since uh bullish first time since December 2024. Very nice. Got above this. So uh super looks very good. Super looks very good. A bit of resistance here, but should it break it?
36:02 I mean to this highs, you have 10x basically 10x 10x to this highs. So super looks very good. Bish to trades finally good to see the coin, you know, back in uh back in action after all of this. U I mean, it's been a slaughter. How how else to explain? It's been a slaughter in the coin, but now now bull trend and 10x to to this highs. Fantastic. Fantastic.
36:28 Um see change APC guys in general when you know when you ask about the old stuff change APC uh by bit yeah it's not coming back it's not coming back I mean if you ask but please ask about stuff that that kind of move somewhere okay it's kind of move somewhere don't ask about it's not it's yeah uh let me just quickly see here with the with the penguin so look Here, this is the drama.
36:58 Luca quietly dropped the abstract symbol from his ex display name. It now reads Luca's just penguin. The spark and the meltdown. Multiple screenshots circulating showing abstract badge gone from his name. The loudest name framed it as confirmation that abstract is finished. Finished. This is the drama. This is what I was looking for. Emergency. Emergency.
37:21 The abstract guys. But I think it's good. You see, let me Why I think it's good. And listen, it's it's not even about being bullish uh penu uh it's just in general when you are a founder you want to do stuff that are not too many. So I think it would be better to just pump the penguins and the penguin because clearly to compete with Robin Hood to compete with everything how you going to compete with abstract with Robin Hood how you going to do it like the reality changed.
37:52 So I I actually like when uh founders do less stuff uh and can focus better on it because abstract doesn't help the users anyway. I mean no one is using it anyway. So why why you know why why put effort into it and mental load etc etc. So uh I don't think it's it's by the way another thing sometimes people get upset with me when I say that a similar thing is when there are layoffs.
38:18 If you have a project that is doing well and there is a good product market fit and they do lay off sometimes people oh no it's so bad it's so it's good it's good I think it's good less people you can use more AI the ones that are left are more senior and more efficient less meeting less drama less talking less uh you know explaining over explaining less handover less middle management so if you have a project like which has good product market fit and they do layoff is like the bullish thing ever.
38:50 The the fewer people uh you know the fewer chefs cooking a meal the better you can do. You don't want you know five different chefs putting salt in your soup. I want one perfect guy who knows exactly. So removing stuff in many cases given that the product is good obviously is not bad. Removing bad product given that overall ecosystem is okay is also not bad.
39:18 is is better focused. Now, ideally, of course, it would be nice if abstract was like bigger than Sana, but it's not the reality. It's not the real It's not bigger than like nothing is happening there. So, I I would have no issue with them removing it. It would actually be good. Less stuff to worry about, more focus, focus on the penguin and that's it.
39:35 And that's it. So, anyway, guys, let know what you think. Let me know if you I think people who have had a business, they understand. If you did not have a business, people without a business. Oh, no. But no, we What are you saying? No. No, I mean less like Guzman says, less is more. Less is more. If you know, you know. If you know, you know. If you never had business, you don't understand what I just said.
39:55 Okay. Ju just listen to me. Accept it. Don't argue because you don't know. I know. I mean, it is how it is. In some things, you know, I don't know. If you want to make nice schnitle, I you probably do it better if you're African German or Austria. Okay? I will not be telling you how to do it. And with this stuff, don't tell me what's right or wrong because I know better.
40:18 With trading, I know better. I know better. Business, I know better. Okay, there are some things I'm just I just know better. Okay. Uh anyway, that's that. So, um and the crazy thing is sometimes when you remove stuff, you got more productivity. Sometimes it is like that. Sometimes it is like that. Yeah. Uh so, uh let's see what what else people are saying.
40:44 brother complaints piled on TVL said to have crashed hard it wasn't big anyway don't worry about TVL like shut it down shut it down I I would just shut down his bio still says abstract yeah I mean either there there are two ways either there is some strategy here to make abstract freaking amazing I would be fine with that or if it's just going to drift like now nothing is happening just shut it down just focus on smaller fewer things make them amazing Because you just need to be amazing at one thing.
41:15 You don't need to have like a big ecosystem. Just one amazing thing is enough. It's enough. It's enough to be massive. And yeah, great. The less hands hands on the less hands on the head has to be typically the more success the business has achieved. Yeah. Yeah. So the it's it's very true the but for for you to be less hands off you need few amazing people if it's a hen house with people running around remove and by the way nowadays with I mean with AI productivity you can do so much with few people obviously you
41:56 cannot AI cannot be responsible for anything so you need still at the end of the day someone responsible for the end business KPI someone has to be responsible for the end business KPI but before to achieve that KPI right? They needed like a big staff. Now to achieve KPI, you you don't need that big stuff. According to the money line, which looks better, S&P?
42:27 Let's see. Let's see. Let's see. So, SPX. Let's check here. O SPX technically bull trend but it's kind of like Tao. You remember Tao? It went bull then it lost a lot. So this is uh here I would not get it here. I would actually wait for it to come back to above the flip level. Why? Because it's going to take time here. It can take even though it's likely to resolve to the upside.
42:54 It's like with TA to wasted so much time. Yeah. Here it went bullish then it like wasted how much it wasted like half a year here derping around. I don't know what what it was doing, but now it's coming back to the breakout. What we want is the leg up. We want to be part of the leg up. Okay. So, SPX not looking too good for for that reason. Just wait for it to come back and uh that would be a way better entry because we want we want to be part of leg up.
43:18 We want to be like derping around and uh yeah, that's that. Uh in terms of let's see here. So, Pango and Binance right now bullish. Let me just check other exchanges. Uh, I'll check here. Kraken bullish. Uh, because when it closes like super close, it's better to check other. We will not have this problem soon, guys. Soon we will not have this issue because soon we're going to be in our own AI charts.
43:49 We're now building them, but they're going to be freaking amazing. We have, let's see if I can show some here. Yeah, I mean we're going to have our own uh UI for the money line for you can you can then like use AI here on the left to do analysis. It's going to be it's going to be good. It's going to be good. And for everyone in bull menu, you don't have to uh pay uh trading view anything.
44:10 Just uh remove trading view. Not yet. Don't remove yet because we we haven't finished yet. But when I tell you to remove, you cancel all the trading view. You cancel all traing view. Uh when I tell you to remove, you cancel all of them. Okay, very important. So, yeah, Pango is uh bullish. I I think because Pango did not collapse after bull flip, Pango looks better.
44:34 I mean, out of these two, Pangle looks better. I don't like when it feels bullish and then it becomes weak. Then it's just better to wait until it returns to that flip level here. Uh currently it has not uh collapsed into some kind of weakness. So, you have quite a good setup here. Uh it is also if we can see we need we need to get above this. Ideally the the chances for a Valhalla is going to be increasing more and more as we come higher especially as we close above the previous highs like this one for example.
45:04 Still haven't done it but bull flip is number one. Second important thing very soon that we close above it. If you want to minimize risk even more, you you could enter when we go above this one because what you want is not you know that you get some extra profit by being earlier here. It doesn't matter. What you want is that when you enter more or less it's a it's a elevator to let's say here it's 120 to 160%.
45:28 Or here. Uh if you can have better confirmation, more certainty that you buy and it's an elevator, it's better than you know trying to you know buy here below trying to front run. We need certainty of the elevator. Certainty to elevator basically with AI you can create the trading clone in no time. Yeah. So there are a few parts to that. The UI is one part.
45:52 The UI trading view is easy. There are many open source you can do your own also. But the the second thing is the data. You need to need the data for all the markets, all the time frames. Um that's a bit harder to to get right. But um we for us it's going to be worth the effort because the experience with AI charts is going to be amazing. It's going to be amazing.
46:12 It's going to be amazing. It's going to be crazy. Yeah. Um can you check track and CRV? Okay. Let's check CRV. Track new trend. Very good. But I see it's so choppy. It's been so choppy here. But technically new bull trend. So that's good. That's good. Whenever there's new bull trend, it just needs to close the week. But when it's choppy like this, the problem becomes that uh number one, the signal when it's chopped like this, you know, popup pop, the signal on the weekly is a bit worse.
46:49 U when when I see chart and it's choppy like this, you understand? It's it's worse than when you see a chart which is you know like Bitcoin where it's up and down and up and down just the volatility of track uh the way the either the market maker or I don't know the players that can move the price the way they do this chart you see it's it's a lot of volatility so it could make sense here to do the two week instead of one week this is a bit better you have more consistent trend uh but see the cho I don't like the chop
47:22 I don't like the chop the chop is makes me a bit uh yeah uh but yeah technically it's bullish so but yeah yeah yeah I've had many times it was bullish and then collapse so the bullish is the weekly chart probably is too low time frame for the volatility it's too volatile it's too volatile personally when I see this I I would rather be in charts that are less volatile like Bitcoin or Sana or whatever when it's more clear but technically it is bull trend so you can ride it uh I would be worried about the uh The going
47:53 above this highs. You have many highs to get above. Okay, you have many highs to get above. But should you get above this is good. I mean it's for the first time it's a higher high since uh February 2024. So you can speculate on that. It's now bull trend. So you can speculate on that. Set stop loss. Speculate. Speculate. I mean we're here to speculate.
48:15 So speculation makes sense. And should it go above here, maybe you can double down more. That could be a strategy. Um but you have a lot of volatility here. So I would personally wait this weekly bull flip a bit lower uh because just based on volatility it's been many fake outs. But should we create a higher high you can scale in more. I mean for example for example you can do something like that CRV.
48:44 Let's check here. Curve Dow also had a few fake outs, but this is the first bull flip. But yeah, this is the first bull flip since uh Q4. It's already up 16% since end of August. Uh now at this resistance here, a bit of resistance here. Should it break it, you have a trade here to this high 100. Yeah, look quite good. Quite good. Not bad. I don't want to say amazing because many charts are like that.
49:18 There are many charts that are exactly like this that they are bullish. But you see, many things are bullish. Don't over complicate it. Just be bullish. Just be bullish. Manage risk. Follow mechanical rules. Just be bullish. Bullish. Bullish. Bullish. That's that. Uh, some guy wants to check Fala. Fala bullshand. Good. Yeah, very good. 13% up since the since the bull flip.
49:49 Um, let's see the upside. Let's see the upside. Want to see the up now. It's a massive resistance though, guys. It's going to be massive resistance here. The time to be bullish to capture like the the the pump was a few days ago. Uh, the issue here is all of this. all of this. It needs to chew through all of this. There are better charts, but uh yeah, I mean not bad overall also bull trend.
50:17 It's not bad, but it's a massive. Should it just continue pumping like this? Let's say we we start closing here 0.8. You can you can scale me scale in more like 8 cents, 9 cents, but it's going to be quite like it whole existence is basically this. So it's going to be normally this is this is high resistance. I like charts more when there is like no big resistance.
50:44 So Sana by the way has a similar situation right now where it has here big resistance that needs to shoot through. Uh ENA also it's not unique for it's not like unique uniquely bad. There are many charts now that have resistance. ENA the same uh let's see BNB see here BNB potentially a bit better because it has no this sideways resistance it has to chew through it just has a bit here and then boop all time high and bop bop so anyway bull trend is bull trend and uh the less resistance the better.
51:29 Will there be a time again when fundamentals are important for a coin to pump or have socials and KS taken over completely? I don't think K's really matter. I mean, when it comes to K stuff, it's more the market maker. I mean, the K can say anything if the market maker does not uh support or move or you know, there needs to be something in the chart for for people to enter and to be to be excited.
51:53 I don't think the K K matters in any way outside of this like super super low cap because at the end of the day I mean okay Sana look at the XRPS it doesn't matter what K says K this and that barely matters so it's more that that's why you should you shouldn't listen to K if it's just you know their opinion you should listen to strategy like mechanical rules the trend and stuff like that so I would say it's more about the market maker.
52:23 If they can move the chart up and they can uh change how chart looks, that will trigger more inflows because the chart looks good. That is the biggest uh uh the biggest lever probably that they can use. But yeah, guys, listen, we are soon at 1 hour. We're soon at 1 hour. Thank you very much. Smash up the like as soon as possible. uh check out the newsletter in the description so we stay always up to date whenever there is a big market move we right here in August I I said it's times to be bullish uh which we by the way
53:00 see here August 4th here time to be bullish bear is ending it was totally for free in the newsletter then back in September when we had this dip you remember people were freaking out the dip oh my god what's happening the dip I said I am personally deploying into this weakness It was crazy. People were losing their minds here. It was just a few weeks ago.
53:23 Anyway, go subscribe to newsletter below and and this is the most important thing you should do right now. Go to arena.boommia.com and connect your Pionex and connect your Bit Ununix just is basically entering your UID so that you're part of the cashbacks monthly cash back. So now we basically give away we basically give away three 30k in monthly cash backs for users of the exchange that use our affiliate link and connected their account here in arenabulme.com.
53:51 Guys, thank you very much. Enjoy your October 1st of October. Big shout out to Guzman for timestamping us and see you all very very very soon. See you all tomorrow. Same place, same time and goodbye guys. The bag.