WARNING: Are We Witnessing A BIG Bitcoin Trap Unfold? Transcript

00:02 Earlier this week, we had targets in mind like $83,000 which the liquidity was tagged then $84,300 which that level was also tagged and then after that we said $88,000 but prices are coming down. We've seen a big shift given geopolitical tensions rising and the US markets also coming down. So these were some of the targets that were hit. Now we have to ask ourselves the question, are we about to see a massive unwind, a big trap?

00:27 We've seen Bitcoin take out yesterday's low, which is of course not a good sign. We needed to continue that trend towards the upside and have the daily candle close up here. And that's why we say study the reaction, right? The reaction into each level. The first test was over here coming into the zone and we actually got a sharp move down. But price consolidated and consolidated.

00:47 So yesterday the messaging was clear. We said that the expectation would be we take out this liquidity over here and that's exactly what was done. And then it's about studying the reaction once you hit that level. And uh ultimately the reaction has been nothing but down only. So uh not strong from the bulls in the sense of holding up and defending this level in order to get to the next target which was $88,000 to ultimately sweep those highs.

01:10 I would have wanted to see price hold up and consolidate around that $84,300 level. Um ultimately we haven't yet seen that, right? We haven't seen any strength coming from the bulls. And you can see price is moving down quite significantly over here. So if we go on to the daily and the hourlys pretty much red across the board and the DXY is also pulling back into the target zone.

01:31 So a lot of this is happening due to massive posturing again between the US or specifically Trump and Iran. Right? So Trump declares the US is not negotiating with Iran and that something major will happen very very very soon. Right? Most people seem to think that it's after the election, the midterms which is coming up I think on the 3rd of November which is very very very soon and we have a whole lot of interest rate decisions and things coming up around then as well.

01:57 And he says um you know indicating that the strikes could be actually before the midterm. So the market is not enjoying this news. If you can look at the tweet from Kapour he says there were also explosions heard in Serak overnight. Um that's per Iranian media. US and Israel have plans for short intensive post-midterm strikes on nuclear energy and missile sites and the whole market is panicking around this.

02:20 Right. So um we've also seen now troops being pulled back out of Iran over there whilst oil is trading up over here um close to that $120 target which we have and consequently we have this um you know situation where we might see a big unwind in the market. So right now you can see the futures market is starting to come down. Is this lower highs that's starting to form?

02:44 Uh there is some support that's still coming into play. But we've spoken about how this is a sketchy environment and we need to see follow through from the bulls. So QQQ3 looks like um you know a beautiful reversal over there. But will we see the followrough is the question. If we look at QQQ, well we've had the move up basically coming back into that trend line and now overnight trading given the news is sitting down at 713.

03:05 so close to those lows and that's not really a sign of strength, right? You'd want to see follow through very much similar to what we're looking at at Bitcoin or on Bitcoin over here is you would have wanted to see price consolidate over here to build that confidence that you're going to make the next move up towards $88,000 and now this is starting to fall through, right?

03:26 Taking out all of the previous levels, taking out yesterday's low um and there might be an increase in liquidations which will be coming soon. So, uh, another quick look at some of the other markets. The Dow Jones, however, is positioning into strength. And this one's actually about to take out that level, which is your 50% level. That is your mid-range.

03:44 And we wanted to see a reclaim for strength on the Dow Jones back above 53,000. You uh a hair away, right? You're right there. You're right. Right. Right there. So this one for the most part is still holding up with the potential for that as a major high low which we spoke about where initially long over here closed most the position and reallocated it back into this triangle over here.

04:05 So um long still on the Dow Jones. Now it's not helping that the Cosby is also pretty weak. This is the South Korean stock market which of course trades very similar to the US um AI sector and the costly coming down will affect the US AI sector and you again consolidating at those lows. This opens up the possibility of a deeper drop and in terms of how much further down you still have to go potentially another 25% to take you all the way back to the base of this move right which was the initiation of that parabolic

04:37 advancement. So in that sense it's not looking good. We'll look at our other trades on the table. The MAGS trade, we're still in profit over here. Overnight trading, even though it's come down, as long as you're above pretty much our entry, which is going to be the big SR flip region, it is still bullish and has the potential to move higher. Amazon overnight trading also slightly down.

04:56 We'll have to see is this all going to be absorbed. Right, we have now the move down on Google. So, I spoke about being willing to scale into this trade pretty much all the way down, I guess, into this zone over here. So um even though the entry is over here, remember that in terms of the grid trade which I dropped for you guys over the last couple of weeks and yes I reminded you of that this is going to reduce the average entry somewhere down here.

05:20 Right? So I need obviously the full position to be filled first. It's a question of how deep this goes. You know do we drop down here first and then start to bounce. Only then can I tell you what the average entry is on this trade. But just to let you know I have that bot um still running. I'm going to give it the benefit of the doubt of a potential bounce over here.

05:35 Um, Apple is still holding up. Nvidia is obviously had its big bounce overnight trading coming down with the rest of the market. We'll see if it gets absorption over there. It still might look good for continuation. Meta as well tagged into the 0.382 overnight trading is actually up off of yesterday, which is interesting. Uh, this one needs a bit more time to develop, but at least in terms of the broader ETF for MAGS, it's adding to the case that there is um still some strength over there and Microsoft looks okay.

06:05 And then of course Tesla extremely choppy coming back down overnight trading to 368 which is a drop of um you know almost 5%. It's got Bitcoin like volatility over there. So some of these need to still build a bit more strength. I would say most notably Tesla and Google. The others look mostly okay and the overall ETF in terms of our trade setup is also still fine as long as we're above the entry.

06:29 Of course stop losses are moved to break even. There's absolutely no need to lose on this trade. Right. So, I'm going to leave the trade as it is over there. And then we can look at the energy sector, which of course is going from strength to strength. So, this is adding a lot to our portfolio, right? That overnight trading um has dropped over here on Bloom Energy.

06:47 But off of those lows, you've had a sizable bounce over there of 11% which is pretty decent. And then we got oil, which is now obviously mounting its attack towards the major resistance level. Um and I guess time will tell if we're going to break above and hold there. I do think we'll test 120 at least. Whether you get that 120 and then a big drop over there is a different question.

07:09 But ultimately, one step at a time, we'll study the reaction. If you do something like this and you consolidate into that zone, uh ultimately you're probably going to see continuation over there. So, it makes sense to have some exposure to energy in the form of oil and Bloom Energy or you can just go long on the ETF. But, uh the ETF's already trading massively up.

07:26 So, I don't think you have an as good risk-to-reward um entry as for example on Bloom Energy stock over here. All right. So, um we'll get into this as well. Why is XMR pumping? We'll get into that. Uh stay until the very very very end. Um and I'll show you exactly why that is the case. Right. So, a lot of the guys have been taking the trades that we've been giving as well on the show.

07:48 So, well done to Timothy over here who said thank you for the Bitfunner opportunity. Obviously took the trade yesterday. I want to let you know for those of you there were about 30 of you. So, one/ird of the Bitfunded uh positions have been taken. Remember the the the way that this works? If you go to the link in the description below, um how many do we have left?

08:06 It's 71. Yeah. So, it's about 1/3. We have 100 spots. So, 29 of you will be contacted if you haven't already. You'll be contacted early this morning, a couple of hours from now um with your free month in Whim. Whether you're a member of Whail or you've never been part of Whail Room, you'll get your one free month. Remember to qualify for this. For those of you that want that, Bitfunded are running the biggest special they've ever done.

08:31 They're giving 60% off of all of their challenges. And if you purchase an expert challenge, whether one step or twostep, um meaning it's $399 or more, and you in that first now 71 people, the 71 spots left, um you'll get a free month in whale room on top of that. Right? So, you need to be going for this challenge over here. We spoke a little bit about Bitfunded yesterday.

08:52 It's 60% off. What we will do is we'll honor it. For example, maybe you don't want a $100,000 challenge, right? Maybe you want two $50,000 challenges. So, if you do purchase two, we'll be able to match the email address. Um, basically the minimum criteria is spending $399. If you spend two $199 purchases over there backto back or I guess if you want to do this one, as long as if you buy three of these, the intermediate, same story, right?

09:19 Same story. minimum criteria 3.99. You get a free month in wh room over there as well. Um, okay. Amazing, amazing, amazing. So, all of that is listed over there. Uh, and yeah, the guys are trading it like beast, right? So, you can go into well, there's a section where they'll help you with that and you can come and watch this video, click Bitfunded on the website and it'll show you how to trade the Bitfunded challenges and actually pass these things.

09:42 So, let's move on. Let's go into the rest of the markets. I know that metals were down as well. We spoke about that which is pretty unbelievable when the market goes risk off and metals are still coming down. It's a slow grind down towards the support sub 4,000 on gold. Silver marking down a little bit more aggressively. I'm expecting this to drop very soon towards about 5150.

10:01 Um and then of course we have also freeall on platinum over here threatening those lows. If you take out those those lows 1350 is going to be major support. And now for the first time in a while actually we're getting a big drop. Uh this is a sizable drop over here on copper. So definitely be on the lookout if you are long on copper for some reason.

10:21 These lows, if these lows get taken out, sure you have the 200 EMA coming in, but that would be your first major warning sign, right? If you see something like this, then a bounce into a low high. This means that copper could potentially be rolling over. So you need to be aware of that for the metal traders out there. And then aluminium also struggling rejecting off the 50% level and very likely that you're going to see a deeper drop down um into sub 3,000 right and then of course we have the last one over here um

10:47 being palladium and palladium is getting the most nuked uh dropping it's it's coming into key support right ultimately it's coming all the way back down into this zone this is a massive massive bull trap so if you thought you're getting trapped in crypto don't worry the metal guys are also getting killed over here in the metals markets. Um if they obviously bag holders expecting that this is you know gold is a hedge against inflation which usually it is over time but um you have to have some level of timing within the

11:18 markets. All right quick look over here at some of these charts that are tracking the ETFs for the the AI sector semiconductors as well as the memory sector overnight trading all the way back at those lows. This is getting dangerous. Definitely getting dangerous. Overnight trading it's going to open over here. this could easily start to drop, right?

11:34 25% very similar to the Cosby. That's going to be your next major support. And then if we look at the uh DRAM ETF over here, which is your Round Memory ETF, same thing coming into these lows, it's got a little bit more support than what we're seeing on SOXL, but ultimately if you do start to drop below this, you know, you could be going in for a big retrace over there.

11:55 So, just be aware of that. How's Palanteer doing? Still good, right? Look at that throwback into key support. This is still looking good. Stops are moved to break even. I think it's very very obvious. You may as well take the early stop. If you see Palunteer taking out this candle low, and that candle low was made on Friday the 16th of October at a low price of $18,445.

12:20 So, put your stop loss at $184. If you take out that low, this thing's cooked and the whole thing's going to fall through, right? Um, so that's that is the way that I would handle this particular trade. All right, moving on. Let me know in the comments what else you guys want to have a look at in terms of trades hardest. We'll just star them and we'll bring those up um towards the end.

12:39 For now, I want to quickly go into crypto for those of you that you know you you're late in the US and you're waiting for your quick alpha. Let's quickly run through what's going on over here. I did open up a bit with Bitcoin. But let's see if the bulls are going going to save the day or not, right? Um and we can and remember yesterday we said that it's going to depend on what the stock market does.

12:56 the fact that the overnight trading is so bearish on the stock market, it's taking crypto and Bitcoin down with it. So, right now, this is balanced, the long to short ratio. We pretty evenly split over there. And um if we scroll down, liquidations have uptick, but you'll see we still in a very, very, very tight trading range. So, I've marked out the range levels for you.

13:14 And these are the main things that you want to be focusing on. When we get expansion out of that trading range, that's going to be where the true move actually takes place. So, you're going to look to position in longs around the range low with very tight stop- losses and shorts around the range high also with very tight stop- losses. And then when you break out of that trading range, what we really want to assess is, hey, what is happening with the 7-day daily exchange moving average, which unfortunately right now is

13:40 still in this whole massive reaccumulation phase or possibly even full distribution. Uh, but I'd lean towards reaccumulation as things have slowly held this level around that 25 to30 billion mark. So ultimately here's your trading range right marked by the orange lines you can see over there very tight trading range that means just above the upper bowlinger band and just below the lower Ballinger band is going to be your range high and range low.

14:05 So 87,400 and 79, call it $700ish that is going to be the confirmation if you take out that candle low or if you take out this candle high. Now, part of the long trades that we're looking at was attempting a move up to take out this liquidity on the top side first and then reassess. So, you got to manage the risk. It depends on what time frame you're executing these trades on.

14:27 So, if you were on a high leverage on a lower time frame, which I was, I'll remind you on this chart over here um on Coinbase, I've already uh stopped out of this trade, moved stops to break even, took partial profits, and I executed or I I preemptively stopped the rest of the trade this morning. I updated the whale remembers on that. um because it looked inevitable that you're going to come down and take out that lower level.

14:49 This was a 10x leverage long trade. Um so ultimately I don't want to be holding that position into a massive loss and we've taken out yesterday's low which of course is not a good a good sign, right? So until there's more stability that comes into the market. I think it's still pretty much a riskoff. Um we are tightening on the Ballinger bands over here on the the daily time frame and we need to wait for the real confirmation of that break.

15:13 So if you get a deeper drop, remember the don't lose sight of the larger picture. The bigger picture is that ultimately um you know you have a bit of a trend line that's forming over here from the lows to the expansive candle that came up. And basically any throwback into these key levels. 755 is going to be your first level of support. 72,000 is going to be the next level of support.

15:35 And then the last the deepest you would want to see this thing go is about 68K. Anything after that and it's pretty much cooked. Um okay. So if you if you drop below that level, it's absolutely rinsed. Theoretically, this is a macro buy zone, right? This is a high time frame buy zone coming into the zone. If if you get that right, it's been very tricky price action.

15:54 If you manage to get the deeper drop down, which if this candle takes out, you know, the the last week's uh low for the weekly low, that will pretty much confirm that you're going to drop at minimum to 75 and you might even get a wick that's that slaps through into 72 and that becomes a buy zone, right? So, definitely keep an eye out um on that, right?

16:15 I know that it requires a lot of persistence and concentration, you know, being in these markets, but this is the way that works. If you want to get the perfect entries and stuff, you need to be hyperfocused and it's going to be frustrating where you're going to get stopped. Um, you know, you're going to get stopped out over and over again trying to get the perfect entry over there.

16:36 So, that's currently what we're waiting for. Uh, here was the level that we're looking for, the liquidity, right, for the taking, which is still the case, by the way. It's just a question of what comes first. Do we first go down into these low regions to tag this mid-range to meet the trend line support to catch the 200 EMA and the anchored VWAP which is confluence with also the 21 EMA and the anchored VWAP over there.

16:57 Um you know do we do that first or do we find support over here get absorbed and run it up? Ultimately I think it's pretty simple. You just need to mark out those range levels that I've given over here and that's going to be where your confirmation comes in the first for the first big move. So price is still going to be fighting to hold this 50 EMA.

17:14 This is your yellow line over here. You can see all that absorption over there. So it's not necessarily over yet, but it's not a good sign that we took out yesterday's low and we're back below the RSI pivot level, meaning your RSI is going to be trending back down. And the thing with that is that the RSI respects the 50 level, which is going to be the orange line over here.

17:34 Um, it tends to respect this, right? Meaning, if you can hold above it and flip that, it's very similar to a normal range trade with actual price action. If you can hold the mid-range, you target the top side of the trading range. But if you can't hold that, you have to expect this can go all the way back down to the bottom side of the range. And right now, uh, chart patterns actually work as well on um on RSIs.

17:56 And right now, what do you see? Well, you see lower highs that are forming over here with equal lows, which is one of the most successful chart patterns of all time. And that is a descending triangle, right? So the longer that the RSI hangs underneath the 50 over here, the higher the probability is that this could fall through. Just be aware of that.

18:15 That's why you got to manage your risk accordingly. And why um if trades are starting to approach your entry again, it's better to just, you know, get stopped out. Get stopped out at break even. Don't let what could be no loss turn into a massive loss or don't let what could be a small loss turn into an enormous loss. and worse is, you know, take some profits along the journey so you don't um, you know, do it all in vain.

18:40 All right, so that's what we're looking at in terms of price action over there. The liquidity is, however, stack over here at $85,300, which is just above where those previous highs are. Let's quickly mark that off. Um, so we got 853. 853. Let's put a price label over there at 853. 853 is more or less There we go. So this is where we got quite a bit of liquidity.

19:06 We'll see. Bulls still need to pick things up a little bit before going for that. This can disappear, but right now that is about $25 million, which is sizable. We say anything over 20 million on the 24h hour period is a decent amount of liquidity that could become a draw. All right, so that's it for Bitcoin. We can move on into the other things. We did also mention an ETH trade yesterday.

19:26 I did also update the whale whale remembers the fact that you're threatening this trend line. I've taken the early stop. Um, I said there's no point in waiting for that level to get hit when you're already closing underneath the supporting trend line over here. Um, you know, rather wait for strength to come back in, re-enter in as it's moving in your favorable direction versus letting what could be a very small loss turn into a bigger loss, right?

19:49 There's no point in that. So, I've closed out my uh my ETH trade over there from yesterday, which we covered on the YouTube video. All right. In terms of trades or positions to look at longer term, I I found this to be pretty valuable and this is the 2026 buyback landscape. Now, what this shows you is which tokens have the ability to generate revenue and create a little bit of buy pressure.

20:15 It's important to understand as well, this is going to work like a flywheel. So, when it's good, it will be really good, but when it's bad, it's not going to work at all. Right? Even if if the revenue drops by 99%, it's very similar to this this chart over here, which is the daily exchange volume. If this thing's going down, only you're bucking the trend, right?

20:34 Or you're attempting to buck the trend, which is not going to work. You're attempting to bid or buy into a downtrending volume market. And it's the same thing when it comes to the buybacks. However, if this chart can move into an uptrend like what we saw in 2021, like what we saw in late 23 into 24 and 25 um and you can see prices moving towards the upside, new volumes coming into the market, new market participants, then it's worthwhile having this on your watch list.

20:59 The best two right now, which are responsible for the majority, 90% of all of the buybacks in the market is going to be Hyperlquid and Pump.fund, right? uh launchpads. Those are the the top launchpad is definitely pumped. Fun. The top per uh platform is going to be Hyperlquid. And then other notable launchpads, which is why we've spoken about these is Pon Ston Fun um and Bonk uh fund, right?

21:24 I I didn't really talk too much about Bonk because it's an older token. So, it has a lot of um market participants in serious pain. So, I tend to think it's better to focus on the newer coins over there. Then if you look at the dexes below, we have unis swap, aerodrome, radium for lending platforms, which could also become a big thing because people like to borrow money um or borrow against their crypto assets to effectively lever up when they believe it's a bull run, which as long as you know price is holding above

21:55 the 21 EMA, there's the potential for that to be the case. Then the picks that you're going to be looking at is Sky, A, and Athena. And then chains that have buybacks, Canton, Tron, Ethereum, and BNB chain. You know, chartwise, Tron and BNB seem to be probably the strongest of the lot where we were looking for the entry on Ethereum. It's another notable one.

22:15 And if we position on to the daily, you can see it over here. Um, but this was a tighter trade entry, right? So, there's a possibility that you run it down one more time. Maybe we get a deeper move into the low 2,000 and then there's an opportunity over there. All right. So those are some of the things that we're looking at in terms of the cryptoreated trades.

22:34 Right now again I will remind you we've been using true north over here. You can run a scan as well in terms of what are the top performers. So if we run the scan over here um you can see what does it say? One of the questions that we received in the beginning of the video is why is XMR doing so well? Well there's a rotation into privacy which has been identified by the skew scanner.

22:55 So if you run through the skew scanner, you can see over here uh the sector rotation, right? Sector rotation going into privacy over there. Privacy getting a big spike up and the beneficiaries of those have been Monero XMR sitting at the top of the list as one of the most recommended things to trade. It says over there on True North, high conviction, right?

23:16 You got flow and positioning confirmed in the form of your price sitting above the anchored VWAP. Funding rate has obviously spiked a lot. So that's something to be wary of. But that shows momentum and volatility coming into the market and consequently you've got a big move up on XMR, right? So if you want to look for trade opportunities, there is a link in the description below.

23:36 This is credit based similar to uh ChachiBT, Claude AI, Gemini, etc. Um we'll give you a free month, right? We'll give you a free month over there. This is courtesy of the True North guys um who have provided a Kyle CB reference code, right? So, if you put that in Kyle CB, it it is limited to the first people that use it. It was meant to be for 100 people.

23:59 I don't know if you've if we have any left, but you can go and check, click that link, type in Kyle CB, get 100 free credits, and you can come through and play around over here um with True North. So, if you go through to the trading, remember I'm connected to my lighter account over here. So, lighter is a per deck because they are running the competition.

24:17 So, if you want to join that as well, click on the competition tab. $50,000 um worth of uh tokens over there given by lighter every two weeks, right? Okay. So, for those of you that want that, go and check that out. You can find trade opportunities over there. And let's quickly go on to um XMR, right? And see what's going on over here. So, if we go on to XMR, boom, bullish, bullish, right?

24:41 Still bullish. Moving up towards those highs over there. Will you get the continuation? Let's quickly see if we have support over here in terms of the momentum oscillator. It's really reaching now, but if the rest of the market bounces, this thing's already got the momentum behind it. And yeah, I mean, keep an eye out on this wick over here. You might capture some of that liquidity around 700, but definitely one of the strongest movers over here.

25:03 Trend based, of course, is pretty simple. Uh, this can't drop below 510. Needs to close, continue to close above 510. All right, I see there's some requests there for VVV. It was also one of the top performers. Let's have a look at VVV. So VVV um quick run up on VVV it's slightly up right the question over there is short it right I I wouldn't short this is another one sure the momentum oscillator is coming down you do have bearish divergence as well have a look at that you do have some bearish divergence that's forming

25:35 over here um on a more macro scale but you need the confirmation ultimately the trend is your friend till the end the trend is still very much towards the upside despite that bearish divergence so um you need to see the weakness and you need to start to see the lower highs begin to form. Uh let's have a look over here in terms of the daily. I mean it's already breaking that trend.

25:56 Okay, it's already breaking that trend over there. Let's look at the hourly on VVV in terms of if this is a good short yet. Um I'll mark out some of the fib levels that you might find some resistance coming into play. So you're coming into the 50% level. Let's just quickly check that golden pocket. Um all right. So I think on VVV if you know sure if you start to see a bit of weakness forming over here and it begins to roll over you can chase that roll over and then move your stops to break even as quick as possible.

26:26 Maybe the bearish divergence on the weekly begins to play out and you get a bigger drop but um you know sometimes these things take a lot of time. All righty. Amazing. Amazing. So good calls over here. Good uh charts that you guys are requesting. Let me know in the comments if you have any others. And then I did see as well there was some requests over there around the Coinbase um uh rewards, right?

26:45 So for those of you I can't find that comment again, but I saw somebody in the beginning was asking about that. I I want to remind you for Coinbase, if you go to this link over here, you can effectively sign up here to activate your rewards. This is very very very important. Even if you have a Coinbase account from 5 years ago, 10 years ago, 12 years ago, when Coinbase first came out, you can still activate the rewards, claim the $275, but more importantly, you'll get access to 80% off in your trading fees.

27:14 So, this is something that one of the things that I always ask the exchanges is, how can we make it as cheap as possible for you guys to trade? So, the thing that they gave me over here is an 80% reduction on trading fees. And again, even if you have a Coinbase account from before, um you can still connect it to this by clicking that link. Um you'll be affiliated with me and that basically means they'll give you the 80% reduction in fees.

27:41 All righty. So, good luck to those of you that are looking for that. All right, Nike. How's Nike doing? Let's have a quick look at Nike. Remember, if you do have other Trady requests over here, please do drop them in the chat. Um and we'll go through those. I'm keeping a close eye out on Nike. I was very tempted to deploy more capital into this yesterday, but I thought let me give it a bit of time because I feel that there's going to be a good chance of some back test into this and consolidation and this would just be

28:06 so much higher probability. So that's what I'm waiting for on uh Nike. It's slowly pulling back, but we really want to see something like that develop, right? That would be beautiful uh to round out above that. That's going to be looking good and then we can see some further expansion up over there. Okay, so that's the plan of action for Nike. SpaceX is still holding up.

28:28 Huge move towards the upside. A lot of volatility over here. Overnight trading coming down. Um, quick look at the dailies on on SpaceX. You know, obviously giving up a bit of those gains given the hype of their Q3 earnings and speculation of SpaceX and Tesla merging and we just had the flying car and all that jazz. So, so some of the hype is coming out of the market over there, but overall I think it it looks okay.

28:53 You know, will we ever get this drop down into 84? Remember, part of the thesis, and I said that there's no guarantees, right? I want to remind you, part of the thesis though is price initially spikes up into an IPO and then it typically drops at least 60%, sometimes 70%. So, we had marked out that 60% level. So far, it's dropped 53%, 53%. So, it doesn't mean that it will definitely hit this level.

29:17 What we've um said is that typically you want to probably if you want to be a long-term holder 5 10 years of SpaceX um you want to dollar cost average in through this rangebound environment. All right. Over the course of one year while the stock gets unlocked from early investors uh which ultimately um is from the I know this because my birthday is the 12th of June.

29:39 It's from 12th of June to 12th of June, right? Okay. 12th of June to 12th of June is how long the unlock period is going to be. Um, all righty. Let's move on. So, we looking at McDonald's. We spoke about about McDonald's coming into this yellow box. And this is going to be the truly uh Do we have this locked? Okay, cool. We have it locked. This is going to be the truly testing area for McDonald's, which you can see the overnight trading.

30:02 I know it might be a bit difficult to see with the greens over there, but the overnight trading is sitting at 2 247.7 and we're basically eyeing out up to about 250. So we we can see McDonald's move up into about 250 and that's a high probability rejection zone. Be aware of that. If you reclaim that, well, you know, maybe that's it for the short trade.

30:24 Uh then you can start to look at high lows that form after that and position accordingly. So we took half profits on this and we moved that into um I think it was into Nike if I'm not mistaken. I can't remember exactly, but we took 50% of the profits down here expecting that bounce. And now is going to be the big question mark. Is McDonald's going to put in the lower high around this 250 region?

30:45 Okay. I don't know. I don't know yet. But right now, this is your bearish order block. That's the most probable zone for the bearish retest and rejection. Okay, cool. You guys say fake AI, the Porsche is better. I absolutely agree. The very second I get the opportunity to buy that Porsche, I will. Um I don't know how long it's going to take for those to come out and how long the waiting list is.

31:08 They like to do they want to uh they want to do the Rolex model, right? Which means you got to buy every Rolex in the planet to get the next Rolex. So, um I'll probably just wait for it on the secondary market. And I'm absolutely buying that that new Porsche. I'm 100% convinced on that. Um and I'm not buying the Tesla. There's no way I'm not buying the Tesla.

31:29 I buy the Tesla stock, right? That's fine. And then we'll rotate those profits into buying the Porsches, which are the best. Okay, cool. Guys, let me know in the comments what else. What else? I am here for you. If you have any other requests, please do let me know. Um, I am checking quickly through the comment section over here. What about Robin Hood?

31:47 Yes, let's have a look at Robin Hood because it has been pretty heavily hit. Um, I was stopped out of that position, but looking at the bounce, that's that's basically what we've been looking at. We ran up enough to take like sizable profits. Um, so there we go. You know, I mean, the trade ran up significantly from the initial entry. We ran up like 24%.

32:04 very very very decent. You are finding some support over here. Look, it's obviously going to depend on what the broader stock market does. It could dip a little bit deeper. You could see something like this, but ultimately I think you'll get a bounce it towards about 110. Okay. So, for anyone if you're stuck in a position over here and you're considering exiting, uh you can always assess the retest around that 110.

32:29 If there's if there's strength going in, you might just want to continue to hold it. If there's weakness, that's your point to exit about 110. Okay, so that is for Robin Hood. All righty. What else, guys? What else? Uh Sonic, we can have a look at Sonic. I haven't looked at Sonic for quite a long time. So, let's quickly check out what's going on on Sonic.

32:49 I know that had that massive pump that trapped everyone based on the video that came out with the no with the the new um the new CEO, right? I think he's also a South African guy. Let's quickly see if I have more information over here on this chart. Um, yeah, pretty brutal that this was the trap, right? This was the bull trap over here in terms of what to do at this position, man.

33:12 Big underside resistance, you know. Have a look at this. Very, very, very big area to overcome. I couldn't get over that. I'll be targeting some of the key fibs on the pullback. you know, I think that maybe maybe maybe it'll come as low as that old trading range and then if you find some support there, let's see how it lines up with the fibs um from low to high pretty much around where that golden pocket is.

33:39 Okay, so look, ultimately you're probably going to test this 50% level at least, but I think there's a good chance that you'll come back to the base of this move. What about Aster? Sure. Let's have a look at Aster. Still doing well, right? I'm in profit on this trade. I I would like it to go deeper. I don't know if we'll get it, but there's been a lot of absorption over here around the 67 cent region.

34:00 So, it's just holding this trading range. All righty. Um, next we got H bar. Let's have a look at H bar. I know a token that did very well at one point. Is it still holding up is the question. So, H bar. Uh, no, it's not. It's not holding up. Okay, this is like I mean this is going to be bearish when you see things retracing this much. Good chance you're coming in all the way for these lows at 0.073.

34:27 Um you've probably already run through all the major fibs, right? Look at that. You know, you I think you've even probably gone below the super fib, which is No, not yet. Not yet. So, if the super fib doesn't hold, which is coming in between those two orange lines. So, so mid level is going to be 0.075. If you can't bounce out of there, that's pretty brutal.

34:46 you're going to most likely uh retrace, right, the full thing. So, you're coming into that trend line. I I don't think this trend line will hold. I think you'll run through it. Um but if you run through it and get a sharp reaction, sure, maybe it has a chance. Otherwise, there's a good chance this will come all the way back to the lows. So, just be aware of that.

35:05 All righty. Um Ono, how's Ono doing? We gave that long trade on which like absolutely pumped. Um there we go. So, huge huge huge move up. This was the long trade. uh 75% move. It's I would still give it the benefit of the doubt, right? It's still okay. This is a big SR flip region. Basically, it's like hard hard stop loss. There's no debating it. If you take out that low at 40 91 or the last four digits, so just below 41 cents, it's over.

35:35 All right. If you lose that 41 cents region, this it's going to drop much deeper towards entry. There's no need to lose on this trade. This was the initial trade. Um, I gave it on YouTube. I didn't take the trade myself, but for those of you that did, um, yeah, I mean, if you see a bit of support coming in, it it's still bullish, right? If you can hold this, chop about, flip the pink box into support, which takes time, right?

35:57 It's going to be a couple of weeks. If you can round out like this, it's going to be uh bullish and look like continuation up towards 7377. That is the thoughts on. How's Hyperlid doing? All right, coming down. Coming down over here. This needs a bit of time. Look, if you get a big drop on Hyperlid, I think this $6450 is going to be an important area.

36:19 $6456. Okay, lighter got the big bounce up. Needs a bit of time to settle. Big SR flip over there. All righty. So, yeah, new money needs to come into the market. Pump had a huge move up, right? It did get a big move up over here in terms of the um overall trend. If it rejects over here, this the the the trend is going to start to flip bearish. Suie, what about Sooie?

36:50 Let's have a look at Suie quick. All right. A lot of these things need time. Um I think that also you have a you have very clear invalidation zones which we spoke about. We said the Sunday candles. If you take out the Sunday candles, these things are cooked. So this is really the levels to hold. Most of the charts you can look at, if that uptrend is going to pi persist, it must hold Sunday's candle.

37:19 All righty, guys. All right. All right. So, we've been through a lot of requests. Uh, if there are more, let me know. NA, sure, we can have a look at NEAD is one of the more popular coins at the moment. Unbelievably, it's still strong. Okay, we said on near there's a possibility that you're going to get like this, you know, um ups sloping bull flag, right?

37:41 Where you put in the huge move up and sometimes these are these are the most bullish things. So, if you can pick it up around these lows and you can just accept there's a lot of pent up liquidity here which could get taken out like that. But if it is going to be an ups sloping bull flag and you just keep defending these lows, put your stop loss over there.

37:57 It is what it is. If you get stopped out, um if if it's going to continue the bullish trajectory, this thing will explode vertically. All right. Okay. So, anytime you see price consolidating like this after a big move in a upward channel, you often times see that explode like full vertical. Zcash. Okay, we can have a look at Zcash. I think Zcash was super bullish yesterday and obviously a big move down now.

38:25 Um, it's broken this trend. Let's have a look over here. Uh, I'll mark out some of these key fibs. Let's have a look at the 50% level in golden pocket. All right, keep an eye on this. I think throwbacks towards about 1,200 around that 1,200. If you if you can start to print some higher lows over there on the hourly, uh, you may make another run for it.

38:53 This has got a lot of volatility, so you have to have a pretty good trade plan with these things. All right. So, we've done we've done a whole lot of stuff here, guys. Um, again, I want to remind you for those of you that are US-based, right? Um, I think it's also available for Europe, but if you want to check out Kulshi, they are regulated in the US.

39:10 They're giving easy money over here, trade $50 and they'll give you a $25 bonus, right? And then you entered into a draw for $500 weekly giveaway as well. Okay. Okay. And then the final final call, 71 spots that are left for those of you that want the free access into whail room. That is part of Bitfunded's biggest special giving 60% off. This is the highest um discount that they've ever provided.

39:35 All righty. I'll see all of you guys on the next one. We've been through a lot. Um and we will cover more tomorrow. Let's see if the bulls can defend things. uh if we can't see a sharp reaction towards the upside or some kind of absorption there is a real possibility of a larger trap right I think it's of course geopolitically affected at the moment based on what's happening with Iran that is the main reason for the pullback so I'll see you guys on the next one have a good day everyone and cheers