Hello. Let me quickly check that everything works. It should. Um, do let me know if if something isn't working. Hello. It's Friday. It's just me. Cred rugged me again. >> >> So, it's going to be just me. And um you have to you guys have to deal with it. I do know it's more entertaining with him around, but it's just how it goes. So, yeah, we we had a little bit of a crash. We had a little bit of a re- like we had a little bit of a bounce. Um, it's I mean, it's quite a bounce from from 60k to 70k. Quite nice. And uh I figured even though Cred is not here, maybe good time to stream given we're at an interesting point in the market. Help me, Don. I mean, I The only thing I can do is yap. I don't know if that's very helpful, but yeah. How's the fam? Good. Good. Good. Good. Good. Um The bounce kind of decent. It is. It is. We'll talk about it real quick. I I won't stream for long, but we'll we'll quickly go over it. Cred's credibility becoming weak. He's just very busy. He's a busy man. Um I posted about this yesterday um when we were closing in on 60k. I think we're trading at 63 or something. And I was like, "If you're shorting here, you're late given how close we are to to support." Um and this is kind of the picture I'm looking at there, where it's like we did it did hit monthly support. Uh I generally think that's probably going to um be like a a topic for a while. So, the 60K region is probably going to be a topic for a while. Um I think there's a possibility we get on here towards like 46K, uh but it we don't have to. Um we don't have to. But, generally speaking, monthly supports tend to be quite good. Um In this case, was quite good. Was quite a nice bounce. Um It is especially cool um because that bounce took us back above the the weekly um support that we were trading under, which is nice nice little confluence. So, you you bounce from monthly support and bounce beyond um the weekly support that we had just been trading trading under. So, this is quite nice. I could see that kind of last for a while. I don't necessarily think it's the bottom bottom. Um and if it is, I think we're probably going to go back towards like uh a little bit lower levels. But, I could see this be like we get some relief {slash} a lot of relief um from this. So, it's a nice setup. If you're bullish, it's a nice setup, I think. Um depending on the weekly close today or tomorrow or like in 2 days, whatever. Um if that closes above the weekly support, you have technically a nice nice little little setup there. And if for the bears, like I said yesterday, um or like I tweeted yesterday, got to be a little bit careful and um yeah. Should have secured some of the profits. But, generally speaking, I'm not entirely sold on the bottom being in. Think it's a little bit dangerous to assume so, but um it is the first time that we have like a monthly plus weekly level. Um I've talked about this when we're trading higher, where it was like we didn't really have any monthly supports going. Um we did have weekly supports, but monthly was just completely out there, like nothing even close. Uh now we finally finally hit monthly support. Is this a time where Duck says that we'll retrace that entire week? I think it's quite possible. Um Uh like I said, I think probably some relief first. Uh we got some relief already. Um but I think that might continue for a little bit. There's a little bit of room on all time frames. Like the daily could go towards like 77. Still be bearish. Uh the weekly time frame um has a lot of room to do something. So, this is all bearish down here. So, could even like on the weekly time frame, you could easily go towards like 80k and still be bearish, right? So, there's a good chance um we do retest lows, but I also think like just for now, it makes sense to to have a little bit of relief. What makes you think the bottom's not in yet, Don? Um usually when you get these kind of moves, um the peak fear comes out like comes in the moment the news comes out or like the reason for the dump is kind of like very obvious, and we haven't had that yet. Right? So, we just dumped. And there's no real good reason for it. I mean, there's plenty of good reasons for it, but nothing public, nothing nothing like that's just freaking people out. It's just like price went down and people started panicking. But usually um and there's something that that happens quite a bit. Usually you you get like you start dumping, you go down, and then while you're going down, you get the reason for it going down, and then it just like basically goes vertical for the last leg, and then reverses. Uh we haven't gotten that yet. Um we don't have to get it. Like I see a lot people I saw a lot of people on Twitter being like, "Hey, the top cannot be in because we didn't go parabolic." And I'm like, "That is not how anything works. You can top without going parabolic. You can bottom without like having a a capitulation. Now, usually in in crypto history, you usually go parabolic at the top, and you do usually capitulate at the bottom, but it really doesn't like nothing's a given, and I I hate it when people talk about like stuff like, 'Oh, yeah, we have to do this, otherwise this cannot happen.' It's like, 'Nah, man.' Like this is not how the world works. There's no guarantees for anything." But yeah, anyway, um there's a nice bullish setup there. We can talk about that. Um monthly bounce into or like a cross weekly support close in 2 days like we are right now. That'd be quite nice. Can have like a little bit of a nice candle upwards towards like 75, 80 maybe. Um I think we probably would revisit lower um towards like 67. Um and then either be bullish, make a higher low there, or be bearish and just continue lower. I think that's kind of where where we are right now. Uh we are a little bit um trapped in in macro land as well. Like the whole Epstein stuff um has had an impact obviously on the market. The whole America just doing wild things has had an impact on the market. Um I mean, we had an impact like Trump becoming president had an impact on the market. Uh and then now like everything that he's been doing since has had an impact that's just kind of retraced the entire thing, right? So, we're basically back to where we started. Um the stock market is a little bit higher where from where he started. Um not much, but a little bit. Bitcoin has fully retraced um the whole move. Um but yeah, uh like I said, and if you if you're bullish and you like you don't think it's going to do this, um you want to and this fine also like it really doesn't have to do what I just drew out. Um but if you're bullish and you think, "Okay, this is just a re-reversal." Um you have two like it's 2 days until the close, and if it closes like this, then you could express that view um quite nicely. Now that you have like at least some sort of risk risk definition before was quite difficult. When do you expect to take a trade? I mean, I'm just chilling. I like it basically um in the current landscape, I'm not really too interested in trading. Um like I I could trade short term, but I I have better things to do. Like I'd rather be in the garden doing gardening things than short-term trade right now. Um weather's great. Life's good. Don't need to do that. And longer-term trading, um I just haven't like if I if I feel the need to, um I do it. I really don't feel it um right now. So, I'm just chilling. And uh it would have to do a lot like it would have to run a lot for me to kind of chase it up, um or it would have to dump a lot for me to to buy it. Uh right now, like for me to do long-term trading, right? Like I I want to see the whole like US situation, the whole Epstein situation, the whole Trump situation like play out. Um like that needs to kind of like take its course. I think people are fed up with it and they want to see heads roll and as long as heads haven't rolled, think there's like a little bit of an bearish undertone to everything because everyone suspects everyone to be in the Epstein files and there's no justice. So everyone's just like, "Okay, all the the powerful um And I mean, to be fair, understandable um iron on this. Which I think it's just like a bearish undertone. Um just US markets and I mean, US markets are 90% of of the market uh just generally and has like a big impact on crypto. So for me, like either like that whole situation plays out and some heads roll um and then like either they they have like scapegoats um that they they have um that offer their heads or they they actually do something for once. Um that'd be one one way to get that rid of that bearish undertone. Or just like if if we go down a lot, um I'd be also interested. So like for me, um before the whole Epstein thing broke and before we moved down like this, I was like 69, 71, like basically exactly where we are right now would be interesting. Um now that we here and this might just be me being like lazy. And I mean, you can do whatever you want. I I still think this is a really good level. Like it's the best level on the chart, the best weekly level. So if we close like this, I'm not hating on anyone taking that trade. And I in any like if I was in other circumstances, I'd I'd take that trade as well. Just generally don't feel it right now. Um so to me, uh down at this support would be deep discount. I'd be like, this is like way too cheap. I feel like we're quite quite already quite quite discounted. This is like, okay, people are being stupid towards like the lower the lower 40s. I think that'd be really stupid. And I just want to buy something that is really stupid. And for me saying like if I say like, "Hey, this is really stupid." means it's very unlikely to hit, right? So, don't take this as a This is my target. It's like, "Hey, if this happens, it's really dumb. People are being really really dumb." And I'll take advantage of that dumbness. But otherwise, like Like, do I want to buy something that is a little bit discounted right now? I feel like we're we're kind of like a little bit discounted, not a lot discounted. Um We're basically back to where Trump became like became president, which seems kind of like in line. Like, he was the crypto crypto president, didn't do anything, launched a bunch of rugs. Like, if anything, you'd expect like if if someone comes in and it's like a crypto president and then launches a bunch of rugs and doesn't do anything crypto-wise necessarily, you'd expect price to be a little bit lower than when he started, right? Like, because of the rugs, because of the lost credibility, all of that. And we are kind of exactly where he started, at least in in USD terms, right? In if you look at it in in euro terms, for example, we're trading a little bit lower than that. But basically, we are where where we should be in my eyes. Um This is where we'd be deeply discounted. Anything higher, I think we're Um we would need a little bit of like just everything to chill. The fact that there are still bulls out there is why I feel it needs to have further lower. I think that's a pretty bad argument. There's always bulls. People like this stuff. Um I mean, I like it. The more crypto goes down, the more more I like it. Um It's just how I've always been wired. If it dumps even more, would you buy BTC, XRP, or hype? I would buy Bitcoin um and anything else that has a good setup. But, I haven't really found anything else that has a good setup. Like, everything's been broken. Um but, yeah, there's a good setup here on Bitcoin, right? So, you have one good setup, and that's Bitcoin. Um on the lower time frames, we're kind of like daily's nothing here. Um that's a really nice candle, though. And usually when you get like that big candle, it starts like go like keeps going up a little, and then you see like you have a huge candle here, get a smaller candle here, get a smaller candle here, and then it just boop. And then it usually finds a new low and goes up a little. Think that is the most likely um but, like I said, I'm not taking any position, so take anything I say with grain of salt because I'm too lazy {slash} just not entirely convinced that the bottom is in um to to do it. Got a time frame when you expect the bottom? I think like March or October. I don't know. No, not really. Like, just I just want to see basically uh I want to see the whole I mean, and people will say like TDS, whatever, Trump Derangement Syndrome again. Um but, for me, kind of like the midterms probably going to like if they're going to be fair elections, it's pretty obvious that the Democrats are going to just completely win. Um and I think that could lead to a crypto dump. Like, that'd be a good one to buy because I think that would actually be not bad for crypto. Um like a like a reversal. Trump's not really helped it. I think there's a good chance the Democrats are too afraid to to to with it. Um, so it's not like like that would be a dumb dumb sell-off, right? That you would want to buy. Like it doesn't make much sense for it to sell off. It's just a bunch of idiots trying to to um trade the news, but like in a very poor way. So that would be an interesting one. The in The in thing would be an interesting one. Trump being impeached would be an interesting trade. Um, because like I said, I think that would probably lead to a short-term dump, but generally up. Like all that kind of stuff. That's the timeline stuff that I have. It's all just stuff that happens. And it really doesn't have to happen, but until it does happen, I don't really see a good reason to jump jump in. So, that's uh Bitcoin. Like I said, it's interesting for like on the bullish side for the first while. Um, we talked about like when it didn't manage to get out of um or like back into the old range. I was like this is a really terrible close. That actually turned out to be like really nice of like a of commentary at least. I didn't short it, so I'm not going to take credit for for having nailed this, but um it did close at resistance. We talked about it. It it nuked. Um, uh support didn't hold. And then just went down. So yeah, I think that bullish setup you would kind of want to wait at least the next two days. Um, at the risk of being like having the thing run away from you. Just because if we close down here, I mean, you can just buy it now and be like, "Okay, I'll risk it." Uh and that is fine given if you close down there, you can just close and that's just like the the the cost of doing early business. Um, but just like the confirmation actually only comes in in 2 days um that the support is holding. And even if the support is holding, there's a chance that we retest like 66k. Where do you think this counter trend really takes us? 90k? I think if it's still bearish like 80k is the highest it will go, 82. Um, and if it's bullish, I mean then it can go wherever. Um, my target's technically been here, right? Like I was like I I'm targeting 69k on the downside. Uh, it went to 69, went to 60, came back up. It's still around 69k. So, that was my original target when we're trading in this range. Um, off. That's where I think it's going to go. Now it's gone there. I don't necessarily think it's going to go to 44k. I just like it a lot if it does. Um, so now now I'm kind of like while the setup is better, um, I I have no strong feelings of where it's going to go. So, yeah, that's Bitcoin. Uh, on the ETH front, I mean we basically to me like we talked about this um that we had like the the the range that got undercut and then we had a false breakout to the upside and then it makes sense to go back to to the low. We did that and then some. Went back into this old support. I generally think we can probably remove this range low now. It's been kind of like chopped through. This is kind of the range. Um, so yeah. It's not a pretty chart to me. Um, it's not the worst, but that's like it's it's relying a little bit too much on this this prior support structure, like relying on it too much. Uh, I don't like that. Um, it does I actually I actually kind of like that line. I'll I'll keep it. Um that'd be that'd be a nice kind of resistance for bounce. So actually, I mean if we close above that, then it starts looking good again. I actually like this quite a bit. Um So if we're talking I don't know I can do this better but there we go. So on the front high time frame uh I actually kind of like this as in not as not bullish but just like the chart wise. Um you would want like if it's if it's bullish, you would want this candle to fully turn into wick and actually close green um or at least hold like 2.3k. Um I think 2.3k would be a little bit too low for me. Like it would have to close somewhere in the middle but that's just personal preference. Um I do kind of like when you have like a support and then you have a support below and you have a nuke. Like then this is something I can show you on the Bitcoin chart as well and something that I've done over the years. One of my my better um methods of catching like bottoms um is and this is something that I will show you like an example on on Bitcoin. Um And that is like you have a really obvious really nice support level and you basically trade into it and then you roll over and there's another quite good support level below it. Uh you reverse and you actually close back up above this uh level. So, basically, what I tend to do when I have like two really nice support levels in the market is giga nuking, I tend to ignore the first one, um buy the second one, um and then when it reverses, I wait for it to close above the the first one. Uh and if it does so, that's confirmed for me to be bullish, and then I I tend to hold the trade. And if it doesn't, I I try to to get out. Uh and it this is kind of the the example for it. So, like the actual example. I can put this real quick on the monthly, right? So, you go on the monthly time frame. You have the weekly support here. Uh it's quite an obvious weekly support on like if you go on the weekly, obviously, you can't see it on monthly. Um so, you ran through that weekly support. Uh you dip into the monthly support. That might not be as obvious to other people. That's the one that you buy, and then um and I mean, obviously, this is now hindsight, but I've talked about this on on stream a bunch before. Um and then you kind of bet on it reversing above the first level of interest before the candle closes, which it right now does, and then you would go to just kind of like you have it here now, you close above, you're like, "Okay, I like that trade. I'm going to keep it." Um And usually, like if I catch knives, this is the only way I do it. Don't the wicks usually get refilled, though, eventually, if it's a big dump? Well, it depends. I mean, there's like a lot like look. Like you have a wick here uh on the COVID dump, never got refilled. Um You don't have to. Or sometimes, it's much later, like remember this in 2018, like you had a huge nuke and then people like, "Oh, the wick has to be refilled." And then it goes from 6K all the way to 12K, doubled, and then it retested. Could do that, like, you know, like, obviously not the same magnitude, but then at that point you probably would have bought at some point during the rally already if you're interested. So, just because you have a wick there doesn't mean it have to be has to be refilled. Um but that's kind of like a nice way to get like a decent uh knife catch entry. It's the like you don't want to be buying the first support. You want to be like when everything is melting down, you want to be buying the one in value. Don, honestly, what brings you back to these streams to keep your foot in the game? I mean, it's just nice to talk about like whenever I talk about it, it's clearer in my head than otherwise. Just helps me organize my thoughts. And then sometimes like every now and then someone asks a question that makes me reevaluate things. And also just kind of enjoy it. So, lots lots of things at the same time. Um I mean, I streamed for streamed for I don't know, like, 2 years before we ever got sponsored um just for the love of the game on Twitch for the the OGs that still remember. That was good times. And then at some point we got sponsored, so I mean, it's obviously also nice to be paid for it. Um but that was never really the never really the goal. It's just fun. And it's like I said, it helps me organize my thoughts a little bit. So, once the support is like 46K, weekly is 44K, do you usually just buy the monthly and try not to get too greedy? Um yeah, for like the longer term buys, I like if I'm if I'm not actively like knife catching something, I tend to um just uh I tend to focus on the one that is less greedy. Like if I really want to have something, so for example right now I I really don't want to like and I mean this could be very poor financial planning on my part, but I really don't want to have too much exposure, right? I think the risk is is decently high. I had a like I had got a really nice exit um above 100k, right? Like this is a nice recovery. Um got a really nice exit above 100k, so I don't really care too much. Um so I would in in that instance, like when I don't care too much, uh I would buy the the the more greedy one. And if I want to have it, I would buy it uh the the less greedy one. Makes a lot of sense, no? Like you you just like, "Hey, I want to really want to own this." Then why be greedy? Um if I'm like I I actually don't really want to own it, and that's kind of the the way I am right now. I'm like, "I don't really like I don't really care." Um daily if I get a really good deal on it, I'm like, "Oh yeah, I'll take it." Same with it. Like if your neighbor comes to you and then then offers you like offers you like something that you've always wanted, and you're like, "Yeah, I'll I'll buy that." Um um and then it doesn't really matter what kind of price he gives you. Or like versus your neighbor comes comes across like and and offers you something that you don't really care about, but could use. Um like he's giving you your old his old old lawnmower, and you're like, "Don't really need it, could use it." But then you want to then you want to have a good price, right? Like if you're like, "Uh whatever, don't really care about it." Same with with trading, I think. Like if you really want to have it, you need to look at it different from when you actually don't care about it too much. But yeah, so for me personally, like I I don't care. Um I I want a deep discount, or I want all of this overhead um to to disappear, either or. Otherwise, I'm just like I just not too interested. Your streams are super useful for me. Really appreciate it. Appreciate you, my friend. But yeah, it's not bad. Like I'm not saying that like this is the best setup we've had in a while. So, don't take this as me bad holding. It's just like I'm I'm personally just like whatever. Whatever. Seen better. But yeah, that's Bitcoin. Like I said, if you want to see a close above above 2.4 preferably above 2.5. Um And that'll be the same kind of setup that you've had on that I just shown showed on on Bitcoin. Um just a little bit more shitty. I I generally generally ETH has been kind of garbage um for a while now. We talked about this monthly support slash resistance. Um Didn't hold. Going back down. Trend is clearly bearish. Um So, it's still a little bit away from the area where it could make a higher low on ETH/BTC. And then you have like relatively uninteresting ETH/USD chart. I like the the Bitcoin chart better just because it's so much more clear. Like that monthly weekly setup was quite a nice one, whereas this one I don't know. Could chop a bunch. ETH/BTC is also like not so clear. You have a bunch of things like Zcash. And when you look at that, do you guys remember when I talked about like this this looking like a like a complacency shoulder? I think that was on like one of the first streams that I did since coming back. And that's kind of played out a little bit. Uh it's run all the way to support, but yeah. Don't really don't really care for it too much. Don, this is unrelated to crypto. You mentioned one of your earlier streams that you know wake up with allergies. May I suggest replacing your pillows? Uh oh yeah, that was like last stream or the one before. I I actually just got like literally had new pillows like delivered like a week before that stream. So, it's not the pillows. Or it's the new pillows that I got. Um but no, it's just it's just uh something flowering here that's killing me, I think. Um you got liquidated in that section a seek a short? Yeah, I mean on the you're talking about the the competition where we're trading like with 100x leverage and everything. Um didn't get liquidated, I think. Just stopped out. Um but yeah. I mean I in in real life with real money, I never traded this. Um I wanted to. I was thinking about taking like an actual like an actual short here. But never did. It It's funny because it looks like it's really close, right? Like from here, you're like, "Oh, I barely made any money shorting from here to here." But it's like it's down like 70%. Like even now it's 67%. Can you feed us the next XRP, please? Right now, I don't see any. Um but I will once I do. If I do. Don, has having kids make you less likely to risk more in crypto markets? Yes. I mean I've gone much less degen. Like back in the day, I'd be like, "Hey, this is such an obvious trade. Like I I'm just going to risk everything in taking it. Um or like most of everything. Uh nowadays I would never do that anymore, yeah. Don't still like you, Monad? Uh so Monad is um I mean, I like it above 0.025. It's not above 0.025. But um I mean, so like above there it's and we talked about this on stream. It's basically like the the value line. It is interesting to me um that it's been kind of outperforming Bitcoin on this entire dump. Like it's up a bunch versus like I mean, you you compare that to like EFBTC down. Litecoin Bitcoin downish sideways. Uh XRP Bitcoin been down. Soul been down. So like it's outperformed on that in that regard. It's been holding quite nicely, but um it's still trading below 0.025. So I think just generally like I mean, I like Mona. Um I have an early investment in it, so I do have exposure to it. Um but I think from like a just trading perspective, um you would really want to have it trade above 0.025. And now you can obviously argue like, "Hey, I can have it cheaper." And fair enough, you do whatever you want. Um but yeah, you want it to trade above the ICO price. Um gets less and less significant the more time is spent. Um but still a nice line in the sand. Few years ago, you would have long leveraged long yesterday. I mean, yeah. Not only even like a few years ago, like whenever I'm like super active trading like that was like that was a nice spot in the monthly support, always, you know. It's one of my favorite setups. Like I said, um this this you You a a support below. An obvious support. Um Uh Then again, there's a chance like that if if old me would be active, I would have probably bought like 69. I might have bought more at monthly support, but I probably would have bought 69 in the first place. And then I'd be like this stuff wouldn't have shaken me out necessarily, but I would have had to sweat a bunch. Um and now like technically you could do the same thing. Like you could just buy now and would have avoided the drawdown um in between, but I could have seen myself like bought like buy 69 and then um probably buy monthly support again, double down on it. Um So, I would have still come out okay, but yeah. You are Brit? No. Do I sound like one? No. Like everyone Everyone's like you sound the most German of all Germans. No, that's not true, but uh it's quite obvious to people that I'm from Germany usually. Um MSTR is the bottom end. I mean, I hate that thing with a passion. Uh it is a nice bounce. Bounce from support. It's kind of cleaner. Like I had these lines for months and months on end. And it uh hit one and reversed. I still don't think um this is a good buy generally. Like if you like Bitcoin, just buy Bitcoin. Don't get this extra risk. And if you want to if you want to lever your Bitcoin and you want to take extra risk, I'd rather honestly I'd rather lever lever Bitcoin. Like like I'd rather do like a 2x long on Bitcoin than than uh than than buy MicroStrategy. Like I don't understand why anyone buys this thing. Michael Saylor is like proper crackhead to me. Like makes no sense. Um but yeah, I I mean, it hit support and it's bouncing from support and that's nice, but I like I you could not like you would not get me to buy this thing. I bought monthly support and now I'm up 12% watching Duck for years pays off. Love to hear it, man. I missed yesterday's nuke with your strat because I had the monthly at 58k more to the left instead of 61. How do you decide? I mean, to me Let me see. I mean, I I I posted my monthly support. Yeah, I mean, it's more recent. And it's also much more relevant. Nah, I mean, to me this is this is the one. Obviously, I I get what you're saying, right? So, basically you you wanted to buy this one and you missed it by like a tiny bit. But one that is very greedy. Uh, I mean, I get it. I get where you're coming from, but also like when you when you choose like this one, right? And it immediately disregards it. Like I would just never take that one. I would always take that one. Just so much cleaner. It is fine afterwards, right? Like it's it's acted as nice support, but still like this this would just act me out. Like that you had like that. Complete disregard. Um, I would always take this one. But yeah, that's just that's just shitty luck. You missed by a tiny tiny bit. So, but it's greedy. It's greedy. Um, if you have two levels, um, if you have this one and then you're like yeah, I'm going to wait for this one while you're trading in this um, a little bit bigger zone. I think that's quite greedy, but also like just round number 60k. Um, like if if you want to buy, right? Like this something that's just to me it seems quite obvious. Like let's say you want to buy and you you're looking at 50 59k, right? Because that is the box here. And you're like, I want to buy that support. Do you want to buy like do you really want to be putting orders at 59? Or do you want to be putting orders at 60. something? Because there's going to be a bunch of bids at 60k you're already knife catching, right? So why be greedy for the last one grand? Where you know everyone is going to have their orders. If you can just not be like what's the what's the payoff, right? Like if you're if you're bidding 59k instead of 60. You I mean that's 1% right? Like 1.5% um 1.6 whatever doesn't matter. Um I think that's just quite bad. You're either like I like you either want to be be be kind of looking at 57 56. Like far enough from 60 that it's actually worth it that the chance that you miss out on on the trade. Um or you want to be above 60 or close to 60k. I in my opinion that's kind of how I look at it. Um in in these instances. But like I said, I mean you tried you tried to buy I was just like not even doing that. So you were in the arena, I was not. So it's just also it's just a little bit bad. Like like I'm not giving you for it. I think that's reasonable-ish. Don't like the level selection, but I think I mean you can also just be greedy when the market is this Um so it's just also sometimes just bad luck. Sometimes that happens and the front runs you and then it's just like So yeah. Um And then with everything else like like I said Monero is like that needs a little bit. Um Litecoin Um is a tragedy that broke down and we kind of like abandoned that idea a while ago. And um you can argue range now if you really want to. It's a little bit ugly though. So. And then XRP also broke down. So like all the the high time frame setups are breaking down. We have one XRP BTC that's still holding. Um so maybe that's something but uh to me uh yeah, that's not great. So like there's been damage done and I think just generally like when you look at it uh this needs to be repaired. And you can either be like I think on the altcoins and stuff like when I look at this this is a quite a re- like a quite quite a risky place to do business. I'm you're basically betting on you're betting on this on this uh support uh to be reclaimed and I think it's a little bit risky. Cuz it is a breakdown and you can just take that trade. Like it's a high time frame trade, right? Like the Solana trade for example like you have that range from 100 to 200 and we broke it down. We're bouncing now. But um do you really want to like we did for like the $10 between 88 and 100 or like the $20 between 110? Uh I don't know. Like me, I wouldn't want to touch this for example. For me this is a breakdown. Um you could argue like hey, this was the washout um but I wouldn't I would rather take the trade at 130 than at 88. Um but that just be might just be because I'm a boomer. The I mean there's technically like a a breakdown setup more so than a a reclaim setup in play for for Solana. Like you you get a second chance to sell the sell the breakdown. Now, I would probably also not want to be shorting this. Um especially given the last month closed in support still. Um but yeah. How do you only go and be very risky as in risking more than 20% of your net worth on a trade? I mean, I risked 100% of my net worth for like quite a while when I started out. Um So, yeah. I mean, when I started out the I it was basically like 100% for the longest time on on a bunch of things. And 20% is like I've I've risked more than 20% even even recently. I mean, recently in the sense Wow, I was like even recently like COVID crash was more than I was like this already so long ago, man. Um but yeah, I've risked more than that. I think generally like these rules like you can only risk like 5% every trade is a little bit silly. Um it really depends on the setup, right? So, for example, this monthly weekly setup, you take that like you get that every like every every other other year. No, not really, but like every 6 months or so you get set up like this. Like the current one that we have. And if you bought this, like there's a very very small chance um that it just teleports towards 40K immediately, right? So, that setup I would be willing to risk like like people say like, "Oh, you can only risk like 2% of your portfolio on a trade. Like that's the that that trade setup that I'd be more than willing to risk like five 5% on just because it's so good um or like even more than that if I think that like everything else fits for a bottom, which I don't right now. Um but even even without having like conviction that this is the bottom, this is something that I would have risked quite a bit on. Um because it's so what I would extend that because you know like there's a very small chance um that you get completely run over uh because of that. Uh and then on times where I'm like I have a really good setup and I actually think the macro bottom is in, I will risk more than than than 5% more than 10%. 20% is quite a bit um but yeah. Where do you see potential bottom? I I have no idea. I generally think like if we go to 46 44 40 40 like any anything in that range, like I think that's probably like macro bottom if we if we get there. Um which I don't think we have to, but that'd be interesting for me. Um otherwise I don't know. We'll see where like I Could I have guessed last last cycle that 16K was the bottom or like was going to be the bottom before we were at 16K? 0% chance. I would have uh you could have asked me at any point uh between 70K and 20K um where I thought the bottom was and I don't think I would have ever mentioned 16K. Um and then we traded at 16K and I was like this is the bottom. Um just very clearly is the bottom and then it was the bottom and it's going to be the same uh this cycle around. I mean I I'm not saying I'm guaranteed to catch the bottom or see the bottom, but um before it happens, but like in advance, to me that seems very, very hard to judge. People always People always do this kind of stuff. And then they because they want to look like like gods. Um me, I don't really work like that. I don't really think that's very sensible. >> >> But yeah, I'm I'm just sitting on my hands. Just going to see see what happens. Think it's still quite risky given given all the turbulences in the world. You like Hypedon? Uh yes. Um as like a I like hype. Not necessarily price or whatever. I just like Hyperliquid. Um I've traded there. It is to me, I think people overselling how nice of a trading experience it is. Um Like I'm not hating or anything. It's a like the the decentralized exchanges of my time when I started out um was something completely some completely different. Um So like it's it's infinite um advancement away from what I used to do. Um but I still think it's significantly worse than a decentralized exchange experience. Um Now obviously I like it better just because like I like it better from like an idealistic point of view. But um I don't know. I I personally uh don't think the the trading experience necessarily rivals the one that you will find on on centralized exchanges. Now, should you be trading on a centralized exchange is a different question. But like just from like a very obvious like okay, trading experience-wise, to me it's not as as good. But it's getting there, which is really cool. That's why You said you buy 12K. Yeah, last cycle I said I 12K is going to be the bottom and then um it got to 16K and I was like, "Okay, it's clearly 16K." So, if I say 40K this time and we get to we get to 54 and we're like clearly bullish, then I will be like, "Actually, it's 54." What do you think of hype >> >> that's called PERP that trades on Nasdaq? Uh I don't like that. I think they're all I wish they did not exist. It's a nice Ponzi, though. Nice Ponzis. Um but yeah, that's that. Um there's like we can look at hype because I opened it and then I didn't talk about it because someone someone someone um got me um distracted. Someone in the chat. I don't I don't remember who it was, but someone in the chat. Shame on you. I mean, that's at least a good chart, right? Like this like I I pointed at Monero against Bitcoin earlier. That's going to be better. Yeah. I mean, that's nice. That's what you want to be seeing when you're talking about an altcoin. That's the kind of altcoin chart that you want to see. Now, I like it. I I I like anything that is outperforming Bitcoin right now and has been uh this clearly has been and I mean, it's basically making new highs against Bitcoin, which is very impressive. Doesn't have to mean hype USD is going to go up, but it's just like you know where you want to be looking and I think hype is one of the ones that you want to be looking at. Uh Uh, yeah, that's a shitty one. Well, let's just go back to KuCoin then. Doesn't really matter. I wanted a different one. Doesn't really It's whatever. Um level-wise, nothing interesting. Like quite clearly nothing interesting. Um So, like if you like the market, uh so how I look at this whenever whenever I have something like this where it's just like the chart is just kind of like a little bit of a piece of Um I don't really like it. It's very choppy. I look at it, nothing springs out at me. Uh I look at the the Bitcoin chart, right? Like I showed you earlier. Um and then I'm like, "Oh, it's outperforming Bitcoin. It's strong. I like the kind of momentum it has. I like everything about this." And then I'm like, "Okay, I will just make a judgment call based on the Bitcoin setup." So, I look at Bitcoin. I'm like, "I like I like how like the level that Bitcoin has hit. I like how Hype is trading against Bitcoin. I'm just going to take a trade on Hype." Um that's how I would trade that. Um rather than just go off of uh Hype uh support resistances at all. Like I would probably just ignore that um when the chart is so choppy. >> >> Only issue is if Bitcoin keeps going lower. I mean, that's the issue for literally everything in the crypto market. Good morning, Don. Do you think it's worth waiting for 55K? It depends on your stance. You really like Bitcoin, you really like crypto, you got like a nice sell, and you're just like, "I I'm just dying to get back in." Probably not worth waiting for 55K. You're like, "I'm a little bit scared. I don't like I don't like how everything is shaping up. I think um I'm going to panic." Um then probably not. Like then then it's probably worth waiting for 55K. Like it all depends on kind of your Like, for example, I'm saying like, "Hey, I'm I'm ready to just wait for a discount or for everything to blow over, right?" Like, that's that's my head space. So, I am more than willing to wait for 55K or for 40K or for what whatever happens, right? Because I like I'm in that head space. Um if you are feeling FOMO and you're afraid that you're going to miss the bottom, um then the difference between 55 or like whatever you think the bottom is going to be and now is probably not going to be large enough um to make it worth to wait. I I just generally look at look at look at the the market like that. Because at the end of the day, like you're going to make all the decisions, right? And um you have to kind of figure out like what you're going to Like, let's say you buy now and you're going to freak out and sell at 50, then you should probably not be buying now, right? Because there's a chance that like there's a very real possibility that we go to 55, 60K again. Um so, you kind of have to judge it all based on your personality and how you're going to act. Um and you kind of like to be able to actively invest at least or trade there's something that you have to be able to do. Like, I know that like for example with this monthly, I know that if I bought this, I would have been fine and not been panicking even if it went to 50K um just because I would like I it's just how I am. Um I'm fine with taking that trade and then um just sitting it out for a little bit, whereas other people are not. Like, they buy it they're underwater they're like, "Okay, I'm going to close this thing." Um but given I am fine with sitting through it, I also need to know that if I'm buying too early, there's a chance that I buy it like 95 and then I'm like, "I'll I'll just sit through it." And then it's trading at 60 and I'm really not happy, right? So, I have to adjust my trading and my investing and whatever according to to that, obviously. Um So, it depends. Like some people some people take uh profits easier. Some some take losses. Some take some don't. Some like So, it all all depends on who you are as a person. Um That's why all like that you have you have to do this and that to get rich kind of advice is really because um it's not tailored to you. And if it's not tailored to you, um it it will get you wrecked. It's just how it is. Like people are different and act different and think different. And you have to account for that, um especially in something that is so emotionally driven as markets are. The back of the internet is the best financial portfolio allocation advisor out there. I don't know about that one. I've I've just been around for a while. But yeah, that's that. I don't think there's much like you see a bunch of meme coins um bouncing again. Um but they're mostly in line with just a Bitcoin bounce. So, like Bitcoin's up 12%. These up 14, 12, whatever. Uh so, that's fine. Uh but I really think you don't want to be seeing these scorp immediately. Um so, like be good if they if they held low for a while. Um but yeah, Bitcoin Cash again outperforming. But had had like a little bit of a little bit of of a dip. But yeah, man, Bitcoin Cash been the one of the old coins that's been looking the best for a long time now. But yeah, I don't really find much interesting. Like I said, I I I like the outperformance of hype. I like the outperformance of uh Monero. But like I said, that's not close. Like that's still trading below ICO price. So, it's a little bit on on the edge. I really like the Bitcoin cash chart, which I hate to say. Um on on the Bitcoin pair, just generally. And there's a few others, but nothing really too interesting. So. Um yeah. Uh you either trade the the weekly setup here, but like I said, you have to wait 2 days. And one thing if we close anywhere below 715, right? Because I'm probably not going to make a stream anytime soon again. Um if anything, like I'm on Wednesday. Um but if we close anywhere below 7.71.45, whatever. Um especially if we close at 67, I think there's a chance that we just do this. Um So, I've got to be careful there. So, basically um depending on the close in 2 days, I think if it's at 71.5, I think we have a little bit more upside before we revisit it, like 67, and maybe make a higher low there. That'd be interesting. We close towards 67, maybe you get a little bit bounce towards 71, but then probably further downside. Um and we close below 67, I think it's just uh like uh you're probably just going to see more downside, generally speaking. So, that's kind of how I look at the close there. Um one thing also, like whenever I do this um with like the wick into support, uh this is a monthly level, right? And um the monthly level on Bitcoin um attracts the close, right? So, even if you get a nice bounce from this, um one thing to watch out for is that in my opinion, how I look at the market and just generally how this trades is that there's a good chance that we're going to see um the the close being as in like in 22 days that the the the 60k level is going to attract price to it. It's just something that happens quite a bunch. Um or even if we close like this, then my next close can come down there. Um so, you need to be a little bit careful. There's good chance that we chop a bunch. Um so, I think on both sides, like I I want the shorts of taking um that they have to take some profits because they they're kind of like late, but you don't want to be late on the long side though. So, you have like a little bit of time. Uh we did come from the monthly support. That's momentum, but if the momentum disappears, uh the monthly level might attract price. So, be careful about that. Um but yeah, it's a nice nice little weekly support at least for now that we have. And then, we'll see how it goes in the future. Much love. Thanks for coming by. Um I'm going to go maybe do some gardening um cuz it's nice out. Love you guys. Bye-bye.