CAUTION: Bitcoin Bulls Are Losing A Critical Level! [DO THIS NOW] Transcript, AI Summary & Key Points

00:01 We have Bitcoin sitting at a pretty critical level. Bulls are starting to lose control. It's been a tough battle at this key level for the $80,000 zone between bulls and bears. And in today's video, we'll talk about what's most likely to happen next, right? Where are the probabilities the highest? You can come and vote in the poll over here and you can let me know as well, which level do you think is more likely to hit for Bitcoin?

00:24 Of course, this refers to first, which level is going to get tagged first? Probably both of them get hit at some point. Is it going to be $85,000 or $75,000? 66%, actually now 67%, have said that it's going to be around the downside target, right? $75,000. So definitely, the majority of you are looking for low prices. We'll talk about what the probabilities are of that happening.

00:48 There's been a whole lot happening within the market, of course, in terms of the economic calendar. Of course, we had yesterday the FOMC and we had the Fed funds rate which came out as expected at 4%. But the next meeting is where it's more likely to be increased. As you can see over here, 81.3% chance. And that is coming up in 41 days that they'll probably do an interest rate hike.

01:09 So with that happening, we're seeing the DXY push towards the upside. We're seeing as well the U.S. 10-year yield and 30-year yield bouncing out of those key levels. And then we saw a little bit of pressure coming back in on the S&P 500 and the NASDAQ, right? The NASDAQ overnight trading coming down to 717. So rejecting of that important yellow zone, which we said to keep things in terms of risk off and risk on to be risk back on, we at least need to see a reclaim of that prior lower high.

01:37 So it seems like a sensible place to keep a stop loss if you are short on the market over there expecting lower prices. And I think that the interesting part is when you line that up with the South Korean stock market, the KOSPI, which has really driven a lot of this move. We saw quite a big move up yesterday, 6.63%, with the NASDAQ failing to hold up and rally off of that, which could be a bit of a warning sign.

02:00 So consequently, still in that risk-off territory for now, we spoke about relief rallies across the board, with some of the AI sectors running into possible lower highs, dead cat bounces, and definitely time to be still cautious, right? Cautiously optimistic that Bitcoin will come into those key support levels, which it's on its way down to. So we'll also talk about that and highlight, you know, how deep we could be coming into that zone in today's video.

02:27 So again, stay till the end, smash the like button. There's a lot to cover over here. And let's have a look at a few of the MAG7s as well, just quickly see what's happening on that chart. This still remains one of the strongest in terms of what's happening in the TradFi markets. You can see pretty much a perfect retest into horizontal support. This is a big S/R flip region.

02:48 Now, that whole picture changes if you break below these yellow boxes, right? If you break below the yellow box, it's a massive deviation of a supercritical level, and the long trade fails. And you would expect a much deeper drawdown, which will probably happen to coincide with deeper drawdowns as well in things like the NASDAQ. So you want to keep a close eye out on these things if you are long, because remember, one of the trades that were long on that played out massively towards the upside.

03:14 But then once it was about 70% to completion in terms of the final target that we had in mind, it reversed. And this is how quickly it can go wrong, right? Look at that. This is Robinhood now. We're longing Robinhood, I believe, somewhere around here, maybe, right? We had a huge move up. We're targeting somewhere into like the 150 region. So it made the most of the way up.

03:34 But when it fails, when you deviate to a key level like you did over here, look at that Robinhood coming down, breaking this trend line, overnight trading back at new lows over there. And this is how quickly things can start to turn. And you need to be aware of that, right? So if we look at some of the semiconductors, the AI sector, which has been holding up the majority of the market during the, I guess, the bull phase of the S&P 500 and the NASDAQ, you can see the SOXL chart semiconductor ETF also coming back down.

04:01 So, pretty critical. You want to get at least above that 200 EMA. The around-heal memory ETF as well, rejecting of the 50% level. We spoke about that yesterday. You're looking for that dead cat bounce into the 0.382 to the 50% level. It's the most typical area where prices will start to struggle and begin to reverse. And that's currently what's taking place over there.

04:26 So, of course, we need to see new strength come back into these markets. Otherwise, it is a massive risk factor, which will probably take Bitcoin down with it. have a look at. We'll quickly touch on what's happening with the energy sector, which is also driving up the inflation, right? So, inflation is starting to rise. We do have later on today as well some PCE data, which will be coming out.

04:47 If that comes in hot, it's probably going to leg the market down one more time. So energy, very strong moving towards the upside. We're starting to get a bit of weakness over here on a daily candle basis for the oil price over here coming directly into resistance. So I wouldn't long resistance over here. In fact, if you are long, you probably want to hedge with a short trade or even consider taking some profits over here as this is the range high for oil coming in around that 120.

05:12 But any consolidation or flip of this 120 into key support is going to cascade oil a whole lot higher over there. And then we've got Bloom Energy coming into the range lows once again. Still needs a bit of time to develop strength, but getting a little bit of a bounce yesterday, overnight trading, pulling things back a bit. Still got some work to do over there.

05:32 And then lastly, let's have a look before moving into Bitcoin at what is happening in the metals market. So Gold over here as well, another rejection. I think that ultimately once you start to gain acceptance under $3,900, it's pretty much tickets for Gold. And you'll expect a very fast drop, which is going to be coming into these low levels. This is a very bearish pattern over here.

05:54 The more times you have the price knocking into a horizontal area of support, every little bounce that leads to a lower high. Now, sure, this could bounce over here, and you could rally even all the way up to 4,400. But each knock into that creates a descending triangle, right? Descending triangles have the highest probability in chart patterns in terms of playing out.

06:14 And ultimately, the measured move will probably be lower than this. But because this is the next major support, I would expect price to fall into that 3,300 zone as a major buy the dip zone. And you can see over here, silver doing pretty much exactly the same thing. Equal lows, lower highs, it's bearish, it's distributive pattern over here. And you don't want to step in front of this until such time as you see some new strength being found.

06:38 So platinum breaking down as well. Once again, I'm expecting 1348 to get hit. That is the major midrange. Copper looks okay. But again, it's bucking the overall trend of the metals. Aluminum probably putting in a lower high over here over the last two days. And ultimately, I think this will drop down into the 2.8 region. And then, of course, Palladium getting totally wrenched and in a hurry towards hitting that yellow line, which is coming in at 8.83, right?

07:04 So, yes, in the comment section, straight to Goblin Town it is, right? Straight to Goblin Town. Look, OXC literally has bears smacking a bull in WWE style over there. So I take it that we know your positioning, right? We know your positioning there. All right. We can definitely look at some of the other independent MAG7s and just see how those are performing because I know some of you are shouting out things like Google, which I think got smacked.

07:29 But let's go through them, right? So Amazon is holding up over here. It's fine above the 200 EMA. Google, oh, my word, yes, overnight trading, bang, stop losses, hit, trade is over. This thing has been totally annihilated. That is quite a large fall. And I don't know what happened. If they had earnings or something, you guys can let me know in the comments.

07:47 If they had earnings and the earnings were good and you dropped like that, that's a very bearish sign. If it was super bad earnings, of course, well, then that would be expected, right? So Goblin Town for Google, it is. That thing's been smacked down. What this means is if that's happening on some of the other Mag7s, you definitely want to tighten any of these stop losses.

08:03 So if you took the, you know, we took a lot of trades along the way over here. I'm always trying to provide opportunities for sideline people to get in. So if you took this one, of course, stops to break even. Consider taking profits on Apple. If you took this one over here, the second trade, definitely stops to break even because if Google's falling through like that, it's always possible that Apple could do the same thing over there.

08:25 So you want to be managing that risk accordingly. NVIDIA, we said, is just in no man's land. It needs a bit of time to consolidate or drop a little bit deeper into some key levels to establish some kind of positioning. The fact that you're coming into these lows one, two, three times, I think that this is liquidity ripe for the taking. I don't want too many lines on the chart, so let's just delete this one.

08:44 But this is liquidity ripe for the taking. You probably are going to drop below there. And then we have Meta not bouncing over here from the all-important golden pocket. This is quite a large drop, right? Substantial, 22%. This is almost worse than what crypto is doing, which is what we spoke about yesterday. That's actually bullish if Bitcoin can hold up around that 80K region while you're getting things like major stocks smacked down 20%.

09:10 Huge, right? Big, big moves. If crypto can survive in the face of that, then maybe there is a bit of bearish exhaustion. But at the end of the day, that whole 70 to 80K zone is wrought with massive support areas. And we'll see if bulls can step in and defend it. Microsoft over here consolidating back at those highs, overnight trading literally almost at all-time highs.

09:33 So that one's a little bit of a different picture. And then Tesla has broken the downtrend but is struggling with a strong horizontal resistance overhead. So it's going to need to overcome that. All right. So we'll look into this a little bit more over the coming week. Next week, I should say, because tomorrow is going to be Friday. And, of course, tomorrow's price action will definitely be affected by whatever happens around the U.S.

09:52 market open with the PCE, which is coming out. So basically what we're seeing over here is mixed signals where some of the MAG7s are holding up strong. Others are really starting to head towards Goblin Town, as you guys have said, and have put in some substantial drops of it. Let's just actually quickly see what is that gap down on the overnight trading, right?

10:15 This is, that's huge, man. 10% double digits, double digit loss on one of the biggest stocks in the world is pretty bleak over there. And I think that the most notable thing is the fact that the KOSPI jumped 6% and the NASDAQ wasn't able to maintain its gains yesterday. That is definitely a canary in the coal mine and could indicate that there might be some further downside pressure.

10:36 But level to level, each shot independently, I think that's the way to plan. Now, quick one on a more positive note. A lot of you guys have been absolutely smashing this wheel. We can see because we can pull the data and we saw that there was a huge increase. Let me just quickly see if I can find this over here. What was this increase? One second, guys.

10:56 I have to let you know this is pretty unbelievable in terms of how many people are playing this wheel. So we saw in terms of the wheel, yesterday we had six and a half times more people coming to spin the wheel because you guys saw me win $10. So, of course, that makes it super legit. It means you can come and spin the wheel, right? The odds are very fair.

11:20 I can tell you that for certain the odds are very, very fair. You ask the question, if you spin the wheel and you win, how long does it take to receive your prize? I tried to get the best answer that I could for you guys yesterday. It's the end of the month, right? So it takes towards the end of the month. I think they consolidate the prizes. If you win the big prize, which is the iPhone Duo, what that means over here is that you will fill in your details and it takes as long as it takes for them to ship it to your

11:43 area. So I'll try to spin it every day. Did I just, okay, I thought it'd land on the iPhone Duo. Okay, I'd land on nothing. No, no win over there. I literally thought I was looking at my eye was on the iPhone Duo. And I honestly thought I just, if I win the iPhone Duo, I'll give it away to one of you guys. Because guys, I don't need that. Of course, this is more for you.

12:07 So if you do want to play the wheel over here, remember, you can do so by connecting any of these exchanges, Toobit, Bybit, or Blofin. For example, if you do Bybit over here, you are getting as well access to up to $30,000 in sign-up bonuses. And if you want to trade any of these stocks and things on Bybit, it is also listed over there because they have X stocks, right?

12:28 X stocks over there where they have pretty much the full stock market listing, which is amazing. And I must say that I'm actually finding less resistance trading TradFi stuff on some of these major crypto exchanges than I am on things like major, I don't want to say which broker I'm with, but major broker accounts, which are traded by even hedge funds, which I find to be sometimes a mission because of the overnight trading with the volatility over here.

12:56 On a crypto exchange, it's still trading 24/7, so you can actually close the position. Whereas on the other brokerage accounts, you now are trapped. If you wanted to trigger your stop loss, you're going to get stopped at way, way lower later today when the market opens based on this drop over here, which is unfortunate, right? So there are benefits in terms of trading on these platforms over here.

13:18 All right, let's move on. Let's have a look over here at what's happening on the World Trade site, and we'll move into Bitcoin. It's pretty much a very similar message to what we covered yesterday. So I have a few more exciting things that I want to show you today in terms of how you can leverage AI to make your life easy with crypto exchanges, right?

13:34 So don't go anywhere if you want that lesson. We'll get into that in a moment. Long to short ratio, pretty balanced over there. We still haven't touched fear. Unfortunately, we're still in the neutral territory when it comes to the Fear and Greed Index sitting at 51%. So it would be nice to flush down into the 75K region and at least see this drop a little bit more into maybe a bit of panic, a bit of fear.

13:56 So funding can start to go a little bit negative. Sentiment can drop a little bit more sour over there in the markets, get people a little bit angry again on the timeline. And then that could be a good indication that if the TradFi markets have dropped significantly more, that shows that there is a bullish divergence, actually, with Bitcoin and cryptos holding up and not dropping as bad as the TradFi stuff.

14:20 But resetting the sentiment can be a good opportunity of that, right? So if we look at the 24-hour liquidations, there was a big uptick, of course, because people are super leveraged. I don't know why. But they're super leveraged going into these events. I don't know why you guys do it. But there's always going to be a lot of uncertainty. I mean, you're just asking for it, right?

14:40 But it's your choice. People are just asking to get liquidated, and they did. So $216 million got liquidated into that event. From the long side, 155, basically both sides very wrecked. And then we go to the volumes over here, which are still struggling. We have got no uptick. It's super important that we get an uptick over here. And of course, I'm hoping that price drops a little bit deeper, $72,000 to $75,000 for Bitcoin would be a beautiful sweet spot for a higher low on price, the reset in the sentiment, and then

15:07 for the daily exchange volume to tick back up, printing pretty much your first major higher low of the cycle. So we're still waiting for that, right? That is on the cards over there. Liquidations are also getting larger towards the downside, $79,000, there will be almost $90 million liquidated. And on the 24-hour period, look back, also it's strong on the downside, $18 million worth of liquidations, also at the same level, so confluent at that 79K zone, which we are not far from, a couple of hundred dollars away from.

15:41 So here it is, price is falling. This is theoretical key support. We really want that level to hold, I guess, if you're bullish. If that level doesn't hold and you start to melt through all of this and come back for these lows, it changes the entire picture. And I guess that would mean that the stock market is probably moving into, you know, a real bearish trend, right?

16:01 That the stock market would have to break all sorts of key levels. So for now, this is getting tricky because these wicks are really being defended over here, right? By the wicks being brought up on the dailies, which has been a couple of days in a row, you know, Saturday, Sunday, Monday, Tuesday, and then Wednesday, we're obviously trading up here.

16:20 We're coming back in on Thursday. There is absorption taking place over here. And this is your range low. This is your tight trading range, right? We've got a larger trading range as well. But in terms of the closer to the price action trading range, this is your tight trading range. And we're getting that volatility expansion. This is very important, right?

16:38 Why is it very important? Because if you look at yesterday's candle, we rejected off the middle Bollinger Band. We saw clean rejections across the board on both Bitcoin as well as on the Bitcoin daily chart, as well as with the Bitcoin Bollinger Band, right? Middle Bollinger Band rejection, range high rejection, right? Look at this, perfect clean level, touch point one, touch point two, three, four.

17:01 This is your resistance area, it's very clear and obvious, and a hard rejection off of that confluent with the middle Bollinger Band. Now, it's very, very important because these Bollinger Bands are starting to open up, right? That one's pointing down, that one's pointing up, this means expansion is on its way, measured by this indicator on the bottom, which has given us confirmation as it's above the 10 percentile mark.

17:23 So what this means is if this doesn't hold and you can't get that bullish absorption or bearish exhaustion at this level over here and this begins to close candles below these other wicks, we're cooked, right? This thing is going to expand in a big way. Price is going to drop hard and that's where you need to look for the lower price action or the lower price targets to come into play as major, major support.

17:46 What this means in simple, easy terms is now to get bullish again, what we need to see from price is get back above that level, right? It's really as simple as that because that is the clean, hard rejection which was yesterday. If bulls can get back above there and this can recontract as it has done before, right? Look here, you had contraction. It looked like expansion was taking place but it recontracted again.

18:09 So that's ultimately to be bullish. That's what you need to see. You probably need to see price continue to absorb and hold this, get back above this level, and then re-squeeze, printing new blue signals over here and re-contracting on the Bollinger bands in preparation for the next big move, right? So we see that sometimes. We sometimes see false breaks.

18:30 However, given that the last one was a false break, chances are that this one's probably not going to be a false break, which might drop price down into this low region. But judging by the poll results, I would assume that most of you want that. If 67% of you believe 75K is next, this probably means that it's confirmation bias, right? Confirmation bias for you guys, right?

18:49 You let me know in the comments over there. That could be your major entry. And I say could because anything can happen in the market. Of course, it depends on the speed at which you come into this area and if you even come into this area. What happens if something later on today, there's world peace once again, right? For the 458th time, world peace, this thing spikes back, starts to close back above the top of the range.

19:11 Then we're back on for the deviation into a new range low, right? Meaning old range high becomes new support, flip this into a range low, and then we have to start to look to upside targets again, right? So it's very complicated. That's how trading works. It's very complicated. But right now, the edge is definitely with the bears, in my opinion, in the short to medium term, looking like they want to drop this down into this low region.

19:34 And all of this is a massive cluster of major, major support. So I'll be keeping a watchful eye on that. What's interesting as well about the target that I've just given over here, which was the rejection on yesterday's candle from the middle Bollinger band, is ultimately if you are able to get back above that, well, you're also kicking back your RSI towards the upside and that is your pivot level, right?

19:57 So the orange line represents the RSI turning back up. Get back above there, the RSI turns back up for now. 9 and 18 exponential moving average are applying additional resistance. The RSI is trending down. That is following, of course, a break of the descending triangle. And we spoke about it yesterday as well, is that sometimes the RSI might come back towards the 50 level.

20:18 And if it rejects, it's a sign of who's in control. And right now, it rejected from 47.67, not 50, but just below that, it's basically still giving you the same signal that in the short term, the bears are in control over here. So again, just highlighting all of that, this would give a meaningful reset over here into the fear zone, right? Orange represents fear, red represents extreme fear.

20:41 And if we can see a nice reset over there, that could start to look really good for your first major higher low, right? So I just want to zoom out, give you a bit of perspective. We put in our first higher high, right? In terms of trend trading, it's as simple as that. You're looking for consecutive higher highs and higher lows. That is basically what a trend looks like, higher highs and higher lows, right?

21:02 It's very, very simple. First higher high, everyone acts like you missed it and it's all over and you're a loser, right? However, the trend hasn't even really confirmed yet because we're still waiting for the first higher low. So the first higher low could look something like that. If we do get something clean like that, it's an opportunity, but you need to have patience, right?

21:21 You have to have patience over here. This can play out into the end of the year before you start to even confirm that. Of course, and then if it starts to fall through and drop down like this, it changes the whole picture and you may be sweeping all of these lows out. All right. I don't know what's going to happen because I don't have a crystal ball, but it's something that I'm watching.

21:39 And I've spoken a lot to you guys about how I've just simply been dollar cost averaging, right? So this is the next segment that I wanted to share with you. So just $100 buys every now and then, sometimes every day. And there it is. Put the order in, place it, start the dollar cost averages. This is, of course, an example of what you can do. You have to determine the account size that's right for you.

22:00 But let's get into the next point. I mentioned to you, of course, that there was going to be a massive trading competition on Coinbase, $2 million Champion Cup. You can register, right? Go over there, click register. It shows you how it works. Continue, continue the register. Accept blah, blah. We're in, right? We never read the terms and conditions.

22:17 It doesn't really matter. Just be honest. You never read the terms and conditions ever, right? So click all the buttons, make sure that you're through and you're in the competition. If you win, you can win up to $2 million. Now, let's move on to the more exciting part, right? So we're in the Coinbase competition. The more exciting part is, of course, if you use this link over here, you will save 80%, right?

22:39 If you use this link, $275 deposit bonus. And save 80% on your trading fees. Why do you want to save on your trading fees? Because it makes a difference over time. If you look at one trading year and you address three main questions, which is looking at how much are you saving and who else is trading there and where does your money sit, right? Well, in terms of using Coinbase, what you'll find if you look at Trader A who trades on Coinbase Advance, which if you use my link, the results are even better because you're

23:09 getting 80% off. This is what your trading fees look like over time, right? So trader A would have contributed $810 with the same amount of trades as trader B who trades on a typical offshore exchange. They're paying $1,200 on trading fees, right? Remember, Coinbase is massively audited and regulated within the US and 84% of all the ETFs are custoding their crypto or their Bitcoin that they're buying for the ETFs through Coinbase, right?

23:38 So ultimately, I would say that makes Coinbase pretty safe. Now, I wanted to show you how you can connect Coinbase to AI. And then you can utilize some very, very unique tools, right? So first and foremost, what I can do is I'll go and I'll repost this. I'll just retweet it, right? There we go. So if you go into my Twitter account, you should find this over here.

24:00 This is going to give you a step-by-step guide. You can connect Grok. So for example, if you just go into Grok and you search for Coinbase, just go over there, literally click add. There we go. Just click add over there. Connect it. You can connect your account. I've done Claude AI because Claude is the main one that I utilize over there. And now you can prompt it to do things, right?

24:23 What's my balance? It'll show you exactly how much money you have in your Coinbase account. What's my profits and losses, right? So, for example, you don't have to consistently log on. This can be good for safety as well because you can have your coin. If Coinbase is the main account that you're using, for example, you might not want to have that logged on on your mobile device, but maybe you are out for the day and the market is moving and there's a lot of volatility and you want to start to ask Coinbase or through

24:45 Claude or through ChatGPT or through Grok, you want to ask it because it's connected over there, what's my PnL? How far down are my liquidation levels? How many coins do I hold? Which ones are down the most and which ones would you recommend I cut? These are all things that you can ask it, right? Which I think is pretty interesting. So it's a very simple procedure in terms of connecting.

25:10 If you go onto the exchange, what you're going to find over here is it says agents, right? Go to agents. Guys, it's dead simple. It gives you a step-by-step guide. These are the ones that you can connect. ChatGPT, Grok, GrokBot, Muse, Perplexity, Claude, Claude Code. I've connected Claude. So if you're using Claude Code, you can probably even code things that will trade there for you.

25:31 If you want to code some sort of a bot, I know that there's a plethora of different people with a lot of talents over here that watch these videos, so I'd love to see what you guys are able to do. If you can code a bot and you can connect it through Claude Code, please do tag me, right? If you do that, tag me on X, I'll make sure that I, or DM me on X, preferably if you tag me because I usually check all notifications.

25:53 I'd love to see what you can do, if you can make some kind of a bot over there that trades like a range or low timeframe trend system. It will be very, very interesting, right? So it's very easy. I've already connected mine. Just follow these prompts or just click this button. It will automate it. It will come through into here. So, for example, I asked it, "How many times have I purchased Bitcoin on this Coinbase account?"

26:13 What's my average BTC entry price? So it's come up over here. And basically, it shows over here that I've been doing $100 a day. There it is, $100, $100 limit orders. And the total BTC that was bought over there. Okay, I'm going to ask it again over here. Let's see. But what is my average entry price per Bitcoin? Example, is my average $80,000? And I'll just re-clarify.

26:48 By average, I mean my average entry price. Okay. Let's see what that says over there. So the way that it works over here is it can do a whole lot of stuff. If you look at Claude specifically, of course, it depends whatever's your favorite model. Maybe for you want to use Perplexity, ChatGVT. It can see everything in your account. It can read the market.

27:13 It can prepare to trade anything to the exact number. Anything that moves money, you have to confirm. So it can't move money. It can't steal your money. There are no AI agents that are going to go rogue and wipe out your account. That's not really a possibility. It's more just there to be useful and help you. So you can check the total value by coins, anything that you have staked, what your yields are that you've earned, the exact dollar value of how much money you've made off of that yield as opposed to representing

27:42 it as a percentage. You can get very, very specific over here, right? Your perp collateral on open positions, as I mentioned, maybe you're out and you want to know how far down your liquidation levels, how much money should you allocate to keep that position alive, assuming you didn't use a stop loss because you don't use any risk management, which is at least half of you, right?

28:07 Let's just be honest. At least half of you, right? So very, very interesting, right? You can watch over here live prices for one coin or for a whole list. You can pull up a list. You can ask it, you know, what are the top performers on Coinbase? What are the trending coins on Coinbase? What are the new things that are going to be listed? As you can see over here, this becomes effectively your CFO of trading, right?

28:29 Your chief financial officer. So I'm not going to bore you with absolutely every single thing over here. You can read this list. I've got everything over here for you guys. This is ultimately the way that it works, right? Okay, so my average entry price is $82,640 in terms of these entries on the dollar cost averaging. All right, so we'll see how this plays out.

28:50 All right. Let me know in the comments what your thoughts on that, if you find that valuable. I think it's very, very useful. I've obviously just started to use it. You can get briefs, right? If you want morning briefs, every morning it gives you a brief in terms of what's happening within the market, what's happening within your portfolio. It will provide you like it works for your CFO brief.

29:10 So anyway, if you want to take advantage of that, get $275 in USDC, use the link below. You have to be connected to this link, right? So you have to come here, you have to click this link in order to get the 80% off on fees, to get the $275 and to join into the Coinbase Championship Cup. Otherwise, you're not going to be able to. All right. With that done, let's move on.

29:33 Let's have a look at some other opportunities, one of which we're looking at is on Ethereum. If Ethereum does drop down over here, which looks probable because it's really weakening on this line, we want to see something like that, some level of support found between just below $2,000 and $2,100. That's going to be the sticky point where we want price to catch a bit.

29:51 If it doesn't catch a bit over here, it's pretty much cooked and you're coming in for the lows. And then you could possibly even come $1,300, right? But one step at a time, the closest price action is going to be coming in over here. What this means for you, if you're bullish, you want confirmation that price can get back above yesterday's high, very similar to Bitcoin.

30:11 This was ultimately your major rejective zone. There it is. That candle's rejected. It's a strong candidate as now the next lower high. So you had a lower high here. This is looking like a strong candidate for the next lower high. So we want Ethereum to hold up over here. Another thing that you can do probably on this is you can set alerts and say, "Hey, let me know if ETH comes down into that 2-1 area with the morning reports that you give me."

30:36 And then you can probably set orders over there. Okay, so if we are watching this over here, my assumption is if price can't get back above this 2,388, the yellow line, what's going to happen over here is it's probably going to start to look like a bearish order block, multiple candles consolidating next to each other, and then probably next week you're going to see a big drop down into this region over here.

30:57 So something to watch, right? POND getting pretty much smashed over here. Same story. You know, yes, there's a high. Most of the coins, it's going to be yes, there's a high that you want to overwrite. Monero, this one might come in for a deeper correction just because there's so much built-up liquidity over here. All of this is going to be a stop loss trigger if this starts to roll over.

31:17 So I'd definitely be wary on that if you are in a long trade over there. And then, of course, we have this, which we said looks relatively strong in terms of rounding out. But again, confirmation that it's going to take off is to get above yesterday's high. For now, I wouldn't worry too much about Zcash until such time as you break below $1,110. All right.

31:36 If you start to break below this candle over here, let me drop it down a little bit. There we go. If you start to drop below that yellow line, you know, this will begin to fall through. But for now, I think that Zcash does look like one of the stronger ones. Okay. Strong rejection over here on Solana. This is the level. Keep an eye out on that. Get back above there at least.

31:55 That's also yesterday's high. You're probably going to come in and sweep this zone out. And then this is going to begin to fill the inefficiency, which is going to provide your first meaningful opportunity. So a lot of opportunities probably coming up over the next week or two. Okay. Amazing. SUI getting absolutely smashed. Same story. Yes, there's a high rejecting off the 50% level.

32:15 I think this is at least coming deeper into 84. Okay. Sonic getting absolutely annihilated as well. It's still maintaining an uptrend theoretically. But yeah, no comment, right? Let's just give this a... I have nothing to say about this. It's weak with the rest of the market and it needs more time to digest the move. Okay, what else? Thoughts on POND after a big drop.

32:41 So let's have a look at POND quickly. Where is... Here's POND. Thoughts on POND. Look, very much in a downtrend. There's absolutely no denying that it's even respecting this trend line over here, and it's pretty much not respected. Even the superfib, it's probably... Okay, it has. It's tagged the superfib. Maybe one more move a little bit deeper down into this at about 18.

32:59 But I think that if you want a, call it, quote unquote, leveraged bet, degen bet on the market, I think that POND, STONK, and MarsCoin are still three top contenders, hence I have them over here. Right, so this is only when the market goes risk on. So if you look at, for example, MarsCoin's now dropped deep into that superfib between the 0.786 and the 886 level.

33:23 So there's no strength over there. This thing needs to... Everything needs to reverse and provide a couple of green candles to get exciting again. Okay. You've created a new swing low on Hyperliquid. I would love to see a deeper move down over here. You just have to ask yourself if Hyperliquid, which has had so much strength, does actually drop like 18%.

33:41 What does that actually mean for the rest of the market? But this is your inefficiency. This is your fair value gap. That's kind of where you want to see price action dropping into. Okay, interesting, right? Interesting, you weren't able to hold that wick. This is officially dropped through a very, very critical level. Could you bounce here? Sure, but it's not looking good for Lido.

34:01 So the move played out in full. It superseded our original target from the cup and handle over there. But yeah, it's got a lot of work to do over here to start to make things look healthy again. All right. Ondo also coming down. You know, at this point, you probably have to at least take some profits if you didn't already. Stops have to be to break even on the Ondo chart.

34:24 This is deviation of a super key area, and it's the same as Bitcoin. You need to get back above the S/R high to at least have some hope of flipping back bullish. Okay. Otherwise, in the short term, I'm expecting this trend line to get hit. Alrighty. Injective. Let's have a look at the Injective. It was doing well at one point, I believe, under some kind of rumor that it's going to get an ETF listing or something.

34:52 It's still holding up, actually. Okay, so it's in an uptrend, major resistance target coming up at $11.01. $11.10, excuse me. Alright. We can do a lot of altcoin requests tomorrow as well. There's been a whole bunch to cover for today. So we've been through a lot. We'll take a few more. Before we do take those, I do want to give you a final reminder as well that it is Q4, right?

35:19 This is officially the end of October, which means that at the very most, there's eight weeks left to farm the Omni airdrop, which is going to be coming out. We speculate based on what the pre-market points are selling for because you can sell them on the secondary market already. They get locked in escrow. They're selling for a lot, right? I think in the region of like $40 per point, which is pretty massive, right?

35:46 That's a point converts into a token. So that's $40 effectively for the price currently is what the secondary market is putting on Omni. If you do want to farm that, many, many of you have been farming it. We can see that you're getting more aggressive on your farming. It's usually wise to do that towards the end. Sometimes they come up with some surprise super bonuses in the end.

36:08 Anyways, but regardless, if you do want to farm that and you haven't already, use the code OmniDoops. Do it because they'll give you 15% more on top of your points. Additional 15%, right? That is the bonus that we've arranged for you. So Omni is a perp DEX. And then you can see over here that your points get dropped to you at the end of every single week.

36:29 So 16 hours left to go on a Friday. Alright. So quick one. Let's see over here. What else have we got? How's NEAR doing? Alright. NEAR coming a bit deeper into the zone. It has had a lot of relative strength. You really want this thing to consolidate and round out around this $3.80 region. TAO, we can have a look at as well. Coming down, let's just double check our fibs are corrected.

36:53 And they aren't. We need to go from low to high. Golden pocket. I'm not sure the golden pocket is going to hold. You can see the rejection of the 50% level on yesterday's candle. And just like the rest of the market, that's the candidate for the lower high and continuation down, which means that's the level to reclaim. So 262 is the zone to reclaim.

37:12 Anything can happen today. We'll see what happens with the U.S. market open, as well as the major data that's coming out on the economic calendar in the form of the PCE. If this comes out very, very good, of course, guys, the market's going to bounce. If it comes out as expected, probably going to slow grind down. If it comes out worse than expected, we're going to dump hard.

37:34 Alright. That's really the message. I'll see all of you guys on the next one. I hope all of you have a beautiful day. We'll catch you tomorrow. Interesting time in the market and a lot to play for, so don't go anywhere. And we'll see you soon. Cheers for now.