WARNING: Biggest Crypto Hack In History & What It Means For Bitcoin! [GET READY] Transcript, AI Summary & Key Points

00:01 We've just seen one of the biggest hacks in crypto history, over $6 billion, which was taken from Binance. So if you are a Binance user, you may be affected, but just make sure that you go and check in terms of your withdrawals. And if you are able to withdraw, we'll update you with what Binance have said around this with the funds being with Safu. Ultimately meaning that they're saying that they'll probably make you whole.

00:25 So biggest crypto crash in history, get ready, what happens next? Are we going to cascade down? Price is actually holding up pretty well, given all things that are going on within the markets over here. And definitely, there's a lot to look at. So smash the like button, vote in the poll as well. Where is the bottom for Bitcoin? Is the bottom, which is the current low that we've seen on this dump, 76,300?

00:47 Or is it going to be in the 73 to 75k level? Do you think 68 to 73? Or do you think lower than that? Vote over there. Let me know what your thoughts are. There's a lot to look at. Price is holding up. And of course, this time it is not Sam Bankman-Fried, but it's CZ. CZ that's on the cover. Of course, he's not really actually controlling Binance anymore, but of course, he is the face of Binance, one of the faces of Binance.

01:11 So the hacks have been increasing in 2026. We've seen 322 confirmed hacks, which is absolutely unbelievable. And you can see it's becoming exponential. That's the important part. This is becoming exponential relative to what we've seen in prior years. And of course, it's got everything to do with the advancements of AI. So I've made this tweet, which is a sad reality.

01:31 And in my opinion, the truth, it's the golden age for hackers and scammers, unfortunately. This much money has never been stolen with any real risk of endangering your life as a criminal, as a thief, a scammer. A hacker, no risk. No bullets fired, no missiles shot, absolutely nothing. It's just a clean sweep in and out. They hack the funds and move them straight to protocols like Aave where they can borrow against the funds because they know that once a hack takes place, they're going to prompt authorities to freeze

02:01 things like with Tether and USDC. Ultimately they can freeze those funds. And that's what they do. They withdraw the, you know, they leave those stolen funds as collateral, withdraw the money, borrow against it, and ultimately wash those things through things like Tornado Cash, sail away into the sunset. And that's pretty much what's happened over here.

02:24 They didn't get too much through Aave yet. So a lot of the funds have been frozen. We'll talk about that. But if you have a look over here, exactly what happened. So we saw that there was a compromised DevOps engineer's laptop, which just sounds insane. Like, how do you basically hack that much money from one compromised dev laptop? That doesn't make any sense to me.

02:43 This sounds a bit weird, but we'll see as the story does unfold. So total amount, 6.3 billion with a B. So far, this is not small change. Huge money. Again, hackers' paradise at the moment. The golden age has begun for hacking. Three billion frozen so far. That is between different protocols as well as USDC and USDT, which is the vast majority. So Binance does say that they'll cover all losses through Safu and company funds.

03:12 We'll see. We'll see what happens with that. This is a sizable amount. I thought that they only had about a billion in terms of their insurance fund. But remember, this happened on the 10th of October and it was also Binance. Binance got hacked 10th of October last year. That led to the massive dump down. And you can see over here, Tether froze the majority of the funds in terms of all the frozen funds out there.

03:37 $1.5 billion in USDT, Circle was $800 million. So pretty brutal. If you look over here, the bags of coins that were swapped and moved into ETH. And then, of course, that gets typically washed through Tornado Cash, which means that ETH could have sell pressure, $158 million as of the update. Now, what a lot of people might say is that if you look at FTX, I think that when the exchange went down was something like $8 billion in assets.

04:04 And of course, a lot of those people got those assets back many, many years ago. And now the price of Bitcoin is significantly higher. When that happened, when FTX went down, it was around 20K, and then it cascaded down to about 15.5. So they say, but this is different, right? This is different in the sense that it's 8 billion. But I'd like to also give you a bit of a different perspective.

04:24 If it was sell pressure that came onto the market and the hacker is able to execute those sell orders, you do need to consider where's the daily exchange volume? Because this shows the true liquidity of the market. And if you look over here, well, yes, price is a lot higher, but the liquidity is actually not that much higher, which means that this amount of over $6 billion is actually pretty sizable if that sell pressure does come onto the market.

04:49 So previously, let's say back then when that took place, where was the volume? It was pretty similar to where we're at now when FTX went down, right? You can see the volume is oscillating between $20 billion and up to about $50 billion, give or take. And what have we seen now? Well, we've seen the volumes drop down to $15 billion, bouncing all the way up to the highs over here, reached as high as about $48 billion.

05:13 Very, very similar, which means that if there is massive sell pressure, of course, this could definitely be like a hot knife through butter, and you could see prices coming down a whole lot lower. But why hasn't that happened yet? Well, of course, there's a massive cluster of support. Technical analysis suggests those are support areas between $72,000 and $80,000, which is what we've spoken so much about.

05:34 And consequently, there is still definitely a lot of limit orders that have been placed there by traders, investors, et cetera, that want to get exposure to the market. And that's been holding price up. But of course, if that sell pressure comes onto the market, you know, it could be sold straight through that level. And it's something that you definitely do want to be aware of, right?

05:51 So that's currently the situation. The skew is not even that bad, right? You would expect in this situation, the skew would be, you know, in the region of double digits negative towards the short side with market participants shorting the market aggressively. They're not. They're not doing that right now. You can see over here the 24-hour liquidations, $1.28 billion.

06:10 So the total is $1.54. Majority, of course, getting longs taken out of their positions. But broadly speaking, it's relatively tame compared to what you would expect in the face of the geopolitical tensions, the midterms that's coming up, the economic calendar, which has been absolutely packed with red day events, the stock market, which is coming down, which we'll talk about as well towards the end.

06:32 So there's a lot going on over here in the market. And what this means, very, very simply put, is we're starting to see the signs of what we're looking for in terms of that first macro higher low coming into play with what we spoke about, right? We look for things like a big uptick in liquidations. We've seen that over a billion dollar mark. This is where you tend to find those major turning points in the market with the market officially going into fear, right?

06:56 Officially at 30% or 30 on the fear and greed index. That means we've come down into that fearful territory, which is what we wanted to see. Even better, if you can come into extreme fear and you're still holding above $72,000, it means that this is a very, very strong candidate for a major higher low within the market and continuation into the bulls.

07:15 Bullrun, which means this could be your best opportunity if you are sidelined, right? So you want to be paying attention to the market over the coming days. We took out the liquidity below. Of course, given the event, you marked down even further. Now we need the order books to reset over here and things to start to slow down. We saw price come perfectly into the 21 EMA.

07:33 Again, from my perspective, I would love to rather see price go harder towards the downside. And we'll talk about whether there's a chance of another flush down. But for now, testing pretty much exactly onto the 0.382 FIB, exactly into that 21 exponential moving average on the weekly timeframe, which is our idiot-proof bull market band, right? Is it a bull market or is it a bear market?

07:56 Well, if it lines up with the cyclical timing of when you expect a bull market to take place, which is roundabout where we are, price is holding above it. And more importantly, it's angled directionally towards the upside. That is your indication that as long as price is holding that, even if you bob and weave a little bit above and below and then you recapture it, as long as it's angled up and it meets the timing aspect, this is a strong signal for building a position in the market and looking for continuation as is

08:21 the case of what we've previously seen. Now, the only thing that I'd have to say over here is that we were planning for this. We looked at the tight trading range and we said the question is, will you get bullish absorption over here or not as we are witnessing expansion of volatility. Remember, the markets contract. They squeeze, squeeze, and then they expand, right?

08:41 This is what typically happens, and now we've got the signal. The expansion has officially taken place in the form of the Bollinger Bands crossing above the 10 percentile mark and continuing its journey towards the upside with a very strong candle that's closed down. So by this stance, there's still a lot more sell pressure that could come into the market if this expansion continues, and it lines up exactly with what the trade plan is.

09:03 There shouldn't be any surprises. This whole clustered area is a support zone that I've highlighted over here. And we spoke about if you have no exposure and you wanted to get exposure and you want to get your average entry pretty decent and make sure that you don't get left behind if price does do something like this and start to rip. Well, the best thing to do is to layer horizontal grids basically all the way down with limit orders going down as low as even about $65,000.

09:31 You don't want to take out this candle on the left-hand side. Otherwise, everything falls to pieces because it's a question of will we get this, right? If we haven't got this yet, unless this is some kind of a delayed pump, it's starting to look like maybe this key support will hold in the form of these key moving averages. And there is a possibility that that's it, that that is the dip, right?

09:51 Why do I say that? Well, if you look over here, we've tagged exactly on the nose over there where the 200 EMA is, right? This is your 200 EMA. We've basically wicked directly into getting the reaction off. Maybe it's bots and algorithms that had been setting up orders along this for any retest. And I have to let you know, this is the first test, the first, first test, right?

10:12 And we can look back in time what that looks like. So we have the first test since price rallied up and almost came into the 200 EMA. This is your very first test. So this is still an area of interest, right? Basically layering your orders in anywhere from there down towards the more key support zones up here. Now, nobody knows if we're actually going to come into those key support zones.

10:32 I guess it depends when the U.S. market opens later on today. Maybe those markets dump. Maybe there's escalation over the course of the weekend between the U.S. and Iran, and that could cause that further dump down, right? It's a little bit of a 50-50 gamble whether you're going to get that at the moment. But the good news is that we've seen what we wanted to see, at least the etchings of that, which is, remember, we spoke about this.

10:55 We want to see this drop down a little bit further and reset the sentiment, get back into fear, which is orange or extreme fear, which is red. Ideally, I would love to see price go into extreme fear over the course of the weekend, maybe with some geopolitical tensions rising. Not that I want any kind of war, anything, especially since I'm in the Middle East, but for my own selfish reasons of getting a perfect entry that would look like that.

11:17 So watching this very, very carefully, the RSI is still downtrending. We spoke about the break that was going to happen of the descending triangle over there, and it's taken place. Now, ultimately, bulls will want to get back above, call it $80,000, will start to flip that RSI back towards the upside. And you'll remember that yesterday, we also spoke about taking out the day before's high, right?

11:38 We need to see a candle close to reclaim that to avoid any kind of massive rejection. And it temporarily reclaimed off of some Hyperliquid news from Stanley Druckenmiller, which we'll talk about towards the end of this video, which was the market viewed as really bullish. But I told the Whale Room community and the members that you need to wait for the confirmation of the close.

12:01 The close didn't come, and ultimately this candle marked all the way down. So causing a whole series of liquidations over there, right? Ultimately, really, that's it for Bitcoin. There's not much else to comment on Bitcoin. It's as simple as that. Monitor the chart over the course of today. Watch the U.S. open. If the U.S. open is weak and prices are coming down lower, I think that this still becomes liquidity, right, for the taking to sweep these guys out at 75.

12:26 And if that happens, it's pretty much exactly like these little LARP lines have been drawn, right? So maybe this candle starts to turn red later today. And that's where you're hunting for a significant low. I'm obviously willing to see this price action come all the way down here to, you know, even as low as 64,800. But I personally wouldn't want to see any closes down there.

12:47 So if price does go aggressively towards the downside, it needs to wick up. That needs to be a wick that gets left behind. And then you need to see a strong close, basically closing above this 21 EMA. We need the weekly to close above the 21 EMA. If this candle closes below that 21 EMA, which is pretty much where the current low has occurred at about, you know, 76,700.

13:08 If we close below there, it starts to shift things, right? The picture begins to change. So you need to be super, super wary of that. But it's a time to be excited that if this is the start of the bull run, we can go back in time. We're basically in this environment over here, right? We're in this environment over here. If we get a cascading candle down, we're looking at a very similar situation to what occurred when the USDC stablecoin depegged over the course of a weekend, which was just a very illiquid time in the

13:34 market. Weekends are low liquidity. And if you can recapture and reclaim, it's send it season, right? Send it season. We're not at that point yet. We need much more information. And then we can do the same thing by just highlighting and looking at, you know, that price action relative to how these EMAs were reacting all the way back then, right? So let's just quickly go back in time.

13:58 All the way back to where the lows were. Here they are. They're coming up. So here it is, right? This is the environment. And that's what we're looking for. We're looking for if you can get price cascading down in between the 200 EMA, the point is that the angle towards the upside and very similar. You can see the reset. Look at that reset. It's extremely, extremely similar to what we're seeing now.

14:20 We had the big price move up. We went pretty much into the greed zone. We oscillated in neutral to greed, and then we never got into extreme fear. So very similar profile. It's almost like it's a simulation, especially when you consider that pretty much one year ago, we were on the 10th of October, right? The 10th of October, 2025, which was the largest liquidation event, right?

14:45 Not the largest hack, but it led to the largest liquidation event, which was, I think it was like 36 billion or something, 38 billion dollars. Very different to what we're seeing right now. Now, what does this tell you? It's an additional piece of the puzzle and information. It tells you that there's a lack of market participation. That's what it tells you.

15:03 It tells you that there's not as many traders in the market. The market hasn't actually truly recovered from that 10-10 in terms of the amount of traders that got nailed out over there. And that's why it's so important to focus on this daily exchange volume because this will be your litmus test in terms of determining is the trend reshifting towards the upside.

15:21 All right. So we can move into some of things related to the stock market. I'll also show you something interesting taking place on Ethereum because the hacker has a lot of Ethereum now. Is he going to be dumping that Ethereum for USDT? If he is, Ethereum is going to have sell pressure in a low volume and low liquidity market. And that's probably going to provide a secondary opportunity.

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16:49 All right, let's have a look over here at what's happening in the TradFi markets before we move into ETH, which has come into our areas of interest, as you can see over there, right? So first and foremost, the DXY, still very much in a strong uptrend, in my opinion. This is applying a lot of pressure onto the risk on assets, and we've seen things come down quite significantly, right?

17:08 So if we have a look over here, let's start off with the S&P 500. You know, at the moment, this is how stock markets typically put in their major tops. And of course, no one wants to call a top on the stock market because it always goes up over time. But swing failure patterns like that, which we spoke about at the time, swing failure patterns, when you fail to swing into a new high and you've been putting in beautiful high highs and higher lows before that, usually mean that you're going in for a bit of a deeper

17:32 pullback. So this is still a bit of a risk-off signal. And we spoke about that similar to Bitcoin. We wanted to take out that high. You can see over here, you failed at this zone over here. You got a rejective candle and that's still the level to clear. We need to see the S&P 500 basically recover, get above the yellow line. First level of interest, 7811, right?

17:53 7811 to start shifting. Look at the NASDAQ over here, QQQ, right? QQQ, overnight trading, it's going to take out those lows, which means you're probably going in for a bit of a deeper drop and we'll see and assess the reaction off of that 200 EMA. The 200 EMA has historically provided really good opportunities on the QQQ chart. You can see if you do drop below, you spend very little time below.

18:18 So you can look over the last period of this bullish trend, which has been quite significant. If we look from that low to the high, this has been 165% and it's since 2023. What that means is that if you dip below and you don't recover very quickly like every single one of these, then you're in trouble. So if we're going to dip through this level over here, you expect that within about a week or two, you should be trading back above.

18:42 And if you're not, then ultimately you could be going in for a bear market, which many of the MAG7s are now officially in that bear market territory with massive markings down in terms of gaps towards the downside. Overnight trading on Google is super, super bad over here because they missed their earnings and they're getting punished for that, right?

19:02 So trading back at these lows, you can have a look from yesterday's price action. This has now dropped another 13.64%, which is very, very brutal, right? Brutal for Google over there. Amazon over here is back towards the entry at this point. You know, it's kind of a risk-off environment. I would just stop out of this trade entirely and not have any additional risk in the market.

19:23 The max trade has been stopped out. Unfortunately, the overnight trading has come into the zone. Stops were moved to break even. Profits were taken, and it never met the final target. So we need to wait for this to get back into a position of strength. The market is going risk off, right? You can see over here, a lot of the things are coming down. Apple is still holding up.

19:42 I mentioned this to you guys yesterday, move your stops to break even, no need to take on too much risk over there. And NVIDIA, we said, was probably going to sweep the lows in terms of this trend line, and that's what's taking place right now. So I'll be watching for support anywhere around here on NVIDIA. What about Meta? Okay, Meta fighting for its life over here at the Golden Pocket.

20:02 It had the big move up, threw back like 20% towards the downside. And this one still also has a lot of work to do. The strongest of the lot really seems to be Microsoft at the moment. And then Tesla is still holding up in terms of breaking that downsloping trend line. So half and half, half of them look okay. The other half are looking like they're starting to unwind.

20:21 And if those do unwind, you know, you could be going in for much more downside on the US indices. And if you look at the KOSPI also started to come back down again, which is certainly affecting the rest of those markets. So a quick look at oil and then we'll look at the metals as well to see what those are doing. So let's go to the energy trades over here.

20:43 Still strong, right? XLE pushing towards the upside, consolidating at those highs. It's bullish. And then we have over here oil, which is also consolidating into this breakout zone. So it's not really a long zone. I wouldn't go long over here on oil. I would, if you are long, I would look for a head short actually on this just in case, right? Because if this trend line breaks, this can break off of one news-driven event.

21:08 Anything that Trump says regarding peace in the Middle East could drop this from a technical standpoint down to about 93, which would be significant. So you want to be covered on that. But ultimately, if there's no shenanigans or manipulation through things that they're saying, which usually turn out to be false, then I would expect that this is going to continue to grind up into the 120 region.

21:32 And if you flip this, you know, you're talking about possibly much higher on oil. So let's go into the comment section and let me know over there if you have any particular requests. I mentioned I'll quickly touch on metals. So let's just see how metals have held up. And it's not good, right? Metals are pushing down again. Really, this is a big, big area of support.

21:50 If Gold starts to fall through over here, this makes the headlines and drives fear all around the world because gold has such a massive market cap. And you can just imagine the headlines if gold were to drop 15% more down into the 3.3 region, which is what we said is one of our target zones. And you can see that is silver, right? Already putting in new lows.

22:10 The best thing I can do for silver in terms of the silver bulls is give you that pivot level trend line over there and say that, you know, maybe, maybe you catch a bit of support over there when you tag the 0.786. Not a massive fan of these diagonals, especially downtrending ones like this as support, right? If you've done Whale School, you know that we used to speak about that a lot.

22:30 But it is still a level of interest because of the 0.786 fib, right? And then we got platinum dropping like a stone. This is coming in for the 1345 level. We spoke about that. Copper holding up very nicely. But again, I'd be a bit worried that if the metals drop significantly, this thing can unwind as well. And aluminum caught a little bit of a bounce, and then it looks like we've lost our palladium chart.

22:55 Where did our palladium chart go? Because we're always looking at that one, and that was the worst. All right, I'll have to look it up now. What is the ticker for palladium? If anybody knows, palladium. Palladium. Let's just try and type that in. Palladium. Palladium. Palladium. Here it is. Where did this one go? Let's just add that back in. All right.

23:18 And let's put it back with our medals over here. I don't know why that one disappeared. But this one is the worst of the lot. Here you can see it. There's palladium on its way down to sweep these lows. Probably going to happen, right? So if you are trading palladium, watch for the sweep of the low. If you sweep that low and you get a deviation like that can start to open up a long trade for quite a big technical bounce.

23:42 All right, so let's go into some of the altcoins and what's going on over here. You're getting a nice reaction as well on Ethereum in terms of tagging down into the zone. This is all a massive support area that we spoke about. So similar to Bitcoin, where the major support lies between $70,000 and $80,000. I know it's a wide range, but there's many different reasons for those technical supports.

24:04 The base case technical support, the strongest area is 72. So for Ethereum, that's coming down all the way into just sub $2,000. That's your golden pocket. That is the strongest area of support and the most likely to bounce. But again, there's going to be traders that have scaled orders all the way down throughout this pink box over here. And that was one of the trades that we spoke about as a possibility.

24:27 Now to get risk on on this again, if you don't want to try and catch a falling knife or buy the dip over here, but you want confirmation that the worst is over, if it happened over the course of the weekend or early into next week, the level to reclaim is still the same as what we said yesterday. And that's 2388, 2388. That's the level that you want to overcome specifically on Ethereum.

24:49 So let's move on. We can have a look at a whole bunch of things over here. How are the privacy coins doing? This is looking very toppy on Monero. It looks like it might want to start to pull back over here. Just be wary. You can see all that sell pressure. If it does happen, I think that your levels that will probably get swept before this gets picked up.

25:08 In a worst case scenario, you sweep that zone, but more than likely, you'll at least sweep that. So if you don't go as deep as 486, I'd say that you'll at least sweep 513 on a drop over there. And then we have Zcash. It's still looking relatively strong over here. It's still defending and holding up this area. We spoke about if you were long on this, your stop loss is at about $1,112, right?

25:30 May as well leave it there at the same place. It makes sense. You take out that level, it's going to distribute much further down. And then, of course, we'll go on to what's done the best. And it was Hyperliquid, right? Hyperliquid looked like yesterday was kicking off the bull run. Everyone was getting super frothy. And I'm sure that many people went heavily leveraged long off of that and they got rinsed off of this Binance hack.

25:52 And that's got everything to do with this tweet over here, right? Stan Druckenmiller, one of the greatest investors of all time, he made an X account four years ago, he never made a single tweet. And then he came on, let's just quickly see, is there anything on here, right? Not a single tweet. He just came on yesterday out of the blue and said, I'm excited to be an investor in TradeXYZ as they partnered with ICE to bring 24/7 Perpetual futures on Hyperliquid, right, to the US.

26:17 As a market participant, I'm looking forward to using the innovation product to enhance my investment process. And many, you know, were wondering, is this a vote of confidence that Hyperliquid has won the race in terms of tokenizing everything? Is everything going to be tokenized on Hyperliquid? Well, that's in Hyperliquid soaring. We missed the fair value gap and basically had a massive candle towards the upside.

26:44 A lot of hype coming into the market over there. And I guess in my books, yeah, sure, this is great for Hyperliquid, but it's also great for the other perp DEXes, which saved Litecoin from breaking down significantly. So Litecoin was one that we were looking at the longs all the way from down here. Excuse me, Litecoin, Litecoin. Litecoin was one that we're looking at the long trades over here at $1.

27:04 We looked again on the reclaim at $1.30. And then we gave the next trade over here at about $2.30, which played out in full and started to get a pullback. So the top contenders seem to be Hyperliquid, Lighter, and then following in third place, which I would actually say second place above Lighter, maybe behind Hyperliquid, but above Lighter. And you guys know it is Variational, which is coming up with the airdrop very, very soon.

27:27 So keep farming the airdrop points. I'm very pleased to know that I have so many points over there, which, again, that's probably going to push the price up. Those points were fetching for $40 per point. So make sure that you check if you have been following along for a long time and you've been farming the airdrop over there, you've got about eight weeks left at the most.

27:47 Because they didn't give an exact date, but they said that they're going to launch in Q4 of this year. The token is going to come out, which is now, you know, since this is pretty much the last, tomorrow is the last day of the month. We've got like eight weeks left. It could be anywhere within that eight-week period. And I guess if Bitcoin bounces out of you, they're going to launch into a strong market.

28:05 So if Bitcoin bounces off this 21 EMA into this next higher high, I'm expecting that's where, you know, where Variational is probably going to launch. So you can draw out your little trajectories and say that, you know, most likely when's that going to be? Maybe in late November. So you could be four weeks away. So if you trade over there and you generate volume, they give you points.

28:28 If you want extra points, use this promo code, right? They'll give you extra points over here. It's called OmniDoops. So if you go over here and you put in this code, they'll give you 15% extra points when you use the code OMNIDUPES. I'll zoom in over there. Click that link, put in OMNIDUPES into the referral section and claim 15% extra points. All right.

28:49 So that's all good for at least this is great, great news for the perp DEX narrative, which I've said I believe is one of the strongest sectors to bid if you believe that crypto is going into a bull run. And everything is going to go up much, much higher. And why? The reason is because they also have buybacks, right? These guys buy back their tokens and they've done the tokenomics perfectly, right?

29:12 Pretty much exactly what Hyperliquid did. And what's so great about Hyperliquid, and you have to take note of this, right? You have to look at this over here and give credit where credit is due. In a space of grifters, scammers, hackers, and terribly bad actors, well, Hyperliquid doesn't have that because there was no real insider trading. Otherwise, you would have seen it in the volume.

29:35 That means once that announcement came out, the volume kicked in immediately, and you can look at the volume chart. There were no insiders that were starting to buy this up before that move or before Stan Druckenmiller actually came out with that tweet, which is good to know, right? Good to know from Hyperliquid's side that they keep things super clean over there.

29:55 All right, so there are some good projects to be looking at. All right, let me know in the comments. I see everyone's fighting each other in the comment section. Anyways, look, yeah, don't be rude, right? Who are you? Everyone's fighting in the comment section over here. That's what happens when people get liquidated. But let me know in the comments, guys, what else you want to have a look at.

30:17 We can definitely pull up some of these other coins. Let's see how things are holding up. I think those are the main points that I wanted to cover for you guys today. I just wanted to let you know, where's price? How are things holding up? Is the worst over? Could we have one more leg down? My answer to that is really simple. We need to see what happens to the U.S.

30:32 markets over the course of the weekend if there is geopolitical escalation in a low-volume environment and that hacker begins to sell coins left, right, and center into an illiquid market, because sometimes, for lack of any other word, rubbish like that, they'll wait for the markets to be illiquid and then they start selling, right? Well, there's no one trading over the weekend to absorb the price, and that could dump price lower into the 70s.

30:58 But what we said yesterday, as long as price can hold up into around the third week of November above $70,000, it's actually an incredibly bullish sign, right? That would signify selling exhaustion and massive absorption from the bulls, right? So look into the third week of November. if prices haven't gone down any low, that's bullish, right? Okay. Solana, right?

31:22 Let's have a look at Solana. You guys say Solana will eat everything. Well, not everyone says that. One person said that. We said Solana was probably going to sweep this level, right? So you've got the sweep. That's the sweep. Now we need to keep a watchful eye. Probably a little bit of a range might develop over here. And still, if you got a strong rally over the weekend, 103.82 is the level to reclaim.

31:43 That's the level to reclaim. That was what we said yesterday. You need to take out the previous day's high, which was over there. You couldn't do it. So it was risk-off until you get above that level. I mean, we can drop this ever so slightly and say, now if you get above that candle, things are recovering. Okay. So for Solana, we need things to slow down a bit.

32:03 I would say if Bitcoin does cascade down to like $72, Solana is probably coming to about $80. And whatever the price of Solana is, if Bitcoin goes to $72, that's basically your entry zone across the board, really. Okay, that's your entry zone across the board. If you have zero exposure and you want exposure to crypto, right, you do you. Everyone has their own game plan.

32:24 But if you want exposure and you have zero exposure, this is basically, this is the game plan, right? You basically take this area where price is currently and you just layer a grid, right? So I'm just going to quickly, do we have one of those old grids over here? Let's just, yeah, there we go. So it will look something like that, right? You just basically layer grid orders, limit orders throughout, and you basically just scale in as price is falling.

32:50 Okay, that's one option. The other option is maybe you only prefer to enter with strength because you don't want any drawdown. It means you're going to pay a higher price to get your entry into the market, but then what you need to do is you need to wait to get back above here. Okay, I'll put a price label in there for you as well on Bitcoin so you know exactly what the zones are.

33:08 Okay, if you can get above $81,800, so maybe you want a round number at $82,000, if you recover and you get above $82,000, that's it. It flushes over, it's time to go long and we're going up. All right, so those are your two options. Either, you have three options actually. The last option is you can be extremely greedy. If you are extremely greedy and you're going to be waiting for your entry over here and you might miss it, then you need to default to buy if it recovers back above $81,857.

33:38 So option number one, set the grid orders, right? All the way throughout. Option number two, wait for the recovery. There we go. Option number three, wait for this. But if you miss this, default back to option number two. Those are the traits, right? That's what you can do for Bitcoin. That is your optionality over there. Okay, so if you're very, very scared, you bet off waiting for option number two, which is a recovery.

34:01 A reclaimed strength comes back into the market. You pay a higher price. This is the way that works, right? That is your insurance. That's your premium. Insurance is a premium, right? You pay a little bit more, but you're covered. Okay. Amazing, amazing. So there are no excuses over here, right? We've given you a lot of different scenarios in terms of how you can position and a lot of things that you can look at.

34:25 Alrighty, what else? What else? Let's see over here. I'm glad to see that everyone sorted out their problems in the chat and they're all friends again. Everyone's happy again. So a crypto memory span like a goldfish, right? Only lasts for like about 90 seconds. Okay, amazing, amazing. Okay, guys, what else? What else have we got over here? Let's just see.

34:47 If you want to spin the wheel, remember you can come through and spin. I've won $10 once. I didn't win anything yesterday. Let's see if I can win anything today. Is it not going to work? I'm going to have to. I'm disconnected. But I can't dox anything. Let me just see. I'm going to have to pull this across here. Let me just pull this across here and just see.

35:07 I'm not going to dox all my accounts. Okay, there we go. It should work now. All right. No, what happened? It's just got question marks. No one. Okay. Well, if you do want to spin the wheel, remember, guys, if you're part of any of these exchanges, Bybit, they're sponsoring these things like the phones, the iPhone giveaway. The link is below over here.

35:30 So again, you can join Bybit, get up to $30,000 signup bonus. And then you can come down here below and you can spin that wheel. So they're paired up with a couple of different exchanges. It counts for Bybit, Blofin, or Toobit for now. We'll try to get the other ones. Oh, you guys say Ran won the iPhone. Interesting. Interesting. Okay, well, he has to give that away to someone.

35:51 I mean, you know, you can't work in the restaurant and eat all the food as well. That's ridiculous. All right, guys. Another thing that I thought was interesting was ETH BTC. This would be another sign of strength if ETH BTC can actually start to recover this zone. For now, this has been a big resistance zone and we haven't looked at these things for quite some time.

36:12 So you probably want to pay attention to this trend line because, you know, basically we're squeezing. We're squeezing into a decision zone. What this means is, I guess, if the market begins to bounce and you see ETH BTC take out this high, hold over here, which is going to be 3, 4, 2, 4, somewhere around there, you know, that's a risk-on signal for the broader market.

36:35 It's telling you that people are willing to bid riskier assets like Ethereum. But if the market starts to struggle and this thing begins to break down, you know, you could be coming in for this low, which means that altcoins could be in their worst position that they've been in ever, right? And I literally mean that ever because that would basically be the all-time lows for the ETH BTC chart, okay, other than 2016 when ETH basically came out.

36:58 But this would be the worst part in the cycle if we do see something like that. So if we start to get a massive correction and this thing begins to break this trend line, just mark it off. That's all you have to do. Go on the weekly timeframe. Maybe we can even tighten this up on the daily. Go on the daily timeframe even and just mark out this trend line on your own charts for ETH BTC and keep an eye on it.

37:19 Okay, because if we start to break this trend line, it might be an underlining signal of what's about to come, which would mean a bit of a further drop. If you start to round out over here, you know, if you start to hold and bounce, this might be a good zone to accumulate certain things that you're wanting to hold for the long term. So let's talk about actually some of those trades.

37:40 Let's go on to, you know, one of the positions that we set those grids on was ASTER. We've got a nice fill over there. I would say I'm about probably 50% filled. I'll need to log on to my exchange to see. Let me see if I'm logged in on the right-hand side here. I am not logged in, so I'm not going to be able to do it now. I'd love to see how much I've been filled on that position.

38:02 But I know I have orders set to like 58 cents over here. So I'm assuming about 50% of the resting orders have been taken out over there or filled at least, which is a good thing. So I'm probably straight away in profit now. All right, if you're following along with the same thing, that's one of the trades that we've been layering into. All right, how are the other things doing?

38:26 Okay, SUI officially hit that level. This was the target. So you've officially hit the level. If Bitcoin can hold the 200 EMA, you know SUI is probably going to hold that as a low and start to bounce out of here. For now, the recovery level for confirmation or in the insurance trade is going to be to start to close candles above that 50% level, which is basically where yesterday's high was.

38:48 For most of the coins, if you want the insurance trade is recover yesterday's high, right? That starts to become very bullish because it means that you fully absorbed the sell-off and the bad news. Okay. Alrighty, alrighty. So, a lot of things that we've been through over here. Amazing. Intel, we can have a look at that. Let's have a look at some of those things like the AI sector.

39:18 Where are our charts? They are here. Okay, let me just move these things back into place. Alright, there we go. Alright, let's see what's going on with those things. So, how's the software sector doing? It's getting absolutely, or semiconductor sector, excuse me, semiconductor ETF getting smacked. I think it's coming down into about 50, this yellow box, 50 to 55, somewhere around there.

39:40 Okay. You know, DRAM memory ETF, not strong yet, but not as bad as the semiconductor ETF. Palantir is still holding up strong. I think at this point, I would put the stop loss over here, right? Raise the stop loss. There's no need to lose any of the profits, right? Stop loss at about, I'll give it a bit more room, just a little bit more, just under 183.

40:07 Stop loss just under 183. If today bounces out of here, you can probably start to move that stop loss under today's low. But for now, I think the logical place, I'll just leave it over here on Palantir. Robinhood, let's see, getting smacked. Getting smacked, right? It's broken this level down. It's gapping down again. This is another 5.6% down now at 86.

40:29 Brutal. MU coming down as well. I'll just stay away from these things until they settle. What will it look like if it settles? It will probably look something like this. So maybe you just continue to chop around, catches up with the EMA, and then it begins to round out. Right. Intel, look at that. Firstly, the gap is filled. So they always ask, are the gaps in the room with you?

40:54 There is a gap that's been filled over here. You can see there is the low of the gap. There's the high of the gap. Overnight trading has come all the way down. That is absolutely brutal. This is worse than crypto. Almost 24% down in the overnight trading. 24% down. The problem is that, you know, it's what we spoke about that you have to be careful with any of these trades over here is that what happens if this is like a blow off top into a complacency bounce?

41:22 And now you've taken out these lows, right? It's never a good sign if you take out new swing lows. So your candles are going to be opening down here. Maybe you can play the gap fill theory, but it's not great that you're taking out those lows. The real strong areas of support are going to be coming in within this region over here. So if that downward pressure continues, you're talking about like 47, that's bleak for anyone that holds this, that is 68% down.

41:49 AMD coming in towards those lows, same story, I wouldn't take chances on these things. If you're long on this, as soon as that takes out 500, just stop. Alright, as soon as that takes out 500, you just stop out. You're coming in again into the 200 EMA of the year. We spoke about the 0.382 and 50% level being resistance areas on SanDisk. Any bounce into that, you have to be careful of.

42:14 You didn't even make it there. So if you start to consolidate now under about like 1245, you're coming in for this low and you'll probably take it out because we're already seeing structurally that's what's happening on a lot of these things, right? Big move up. That's like your blow off top, complacency bounce. You take out this level. It can get bad, right?

42:32 So you must have stop losses in my opinion when it comes to these things. Alright, back below the 200 EMA on Samsung, back below the 200 EMA on SK Hynix, which make up the KOSPI, a lot of the KOSPI, Marvel coming back in for the 200 EMA. Alrighty, how's Coinbase doing? Let's have a look at Coinbase. Okay, Coinbase holding on over here onto these lows, but you've come into this level so many times.

43:00 If BTC drops to 72, you're probably going to sweep this level and you might come down to about 113. So for now, it's probably if you want to get risk on with something like this, we need to see a bit more strength. I'm not going to give you the levels now. I think let's just give it a bit of time. It's far from that. You need a bit more strength in the market.

43:18 And then we've got MicroStrategy over here. It's holding up okay. Relative to Bitcoin, it's already, has Bitcoin come into that 50% level? Let's just quickly see. Not yet. Wait, that's not Bitcoin. It is Bitcoin. Okay, Bitcoin's 50% level is at 72K, and if we go to MicroStrategy, its 50% level is at 126. So they're actually trading very, very similar.

43:42 All right, that trade says that this is nothing, right? This is a crash for ants. I agree. Even for termites. For crypto, right? There's nothing, right? There's nothing. It's actually bullish. If the rest of the markets are going to dump, the TradFi space and Bitcoin has put in its low, that is insanely bullish, right? That means Bitcoin's probably going much higher.

44:05 But we need to wait and see. This is the whole tricky thing. We have so much PTSD in this space that we don't know what to do, right? Because we don't know, is this bullish or is this just a delayed dump, right? Are they trapping us? Are they trying to fool us to make us think that there's going to be mass absorption over here and they're just waiting with their finger on the market sell button, right?

44:26 We'll see. That's why you've got to have a plan. You must have a plan. We've outlined the plan specifically for Bitcoin. If you have a better plan, let me know in the comment section. I'd love to know. All right. So, guys, I think that the biggest thing to take advantage of right now is still variational. There's a couple of weeks left. A lot of you have been raking up the points in the last couple of weeks, so it is still possible to get those points.

44:49 They drop them every, if you click on this over here, they drop the links every Friday. So you can see over here, you've got 16 hours to go for the next drop on variational. In terms of markets, you can trade pretty much anything. So if you want to go trade TradFi stuff, you can go trade TradFi stuff over there. It is volume-based. That's how you get your points.

45:09 Good luck. Good luck with all of that. I'll see all of you guys on the next one. I hope you have a beautiful day. We'll catch you on Monday. If something major happens, follow me on X, right? The links are below. I'll update you on X if something happens on the weekend. And that's it. Cheers for now.