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Is It Safe To Start Buying Crypto Again? [The Truth]
Recorded: March 26, 2025 Duration: 0:35:31Space Recording
Short Summary
The crypto market is experiencing a mix of decline and potential growth, with Ethereum facing significant downturns while expectations for green quarters remain. Trends include the impact of token unlocks, increasing cybercrime, and rising interest in crypto events. Innovations such as VoltiSig's multi-chain wallet and upcoming token launches like the Volt token are noteworthy developments.
Full Transcription
discuss is there real momentum behind them at are they able to sustain this move and push it
through the above resistance levels most notably ninety two thousand dollars so let's get
straight into the show content smash a like button hit the bell notification and subscribe
to the channel if you're not already subscribe you can also vote over here what comes first in
your opinion ninety four thousand dollars or seventy two thousand dollars make sure that you vote
in the poll which is
in the comment section, which you'll find by the description below.
So let's get straight into it.
You can see on the hourly, some of the coins are starting to move again.
Daily, you had some really big movers.
Look at that.
Move up 26%, curve up 11%.
But at the end of the day, when you actually open up some of these charts,
especially something like curve, and you have a look at the chart history,
what's been nothing but down, right?
These are simply relief rallies, right?
Deadcat bounces.
into underside resistance over here.
And this is something you need to be careful of.
So remember, you can come on to banter bubbles
and you can just easily look over here.
If you want a quick overview of the overall trend,
this has been nothing but down, right?
Nothing but pain over here.
Let's have a look at some of the others.
Let's have a look at Bonk quickly.
And then we'll get into the show content.
There's a lot that I'm looking at as well as the stock market, right,
which is also coming into key zones today.
So here you can see, Bunk, it's been straight down.
You're getting a little bit of an upside move,
but this is expected.
After prolonged periods of downward price pressure, there will be some form of relief at some point, right?
But is there real momentum backing these moves?
Or are they simply just being driven by leverage traders by open interest rising, by futures traders, by futures traders opening positions?
That's what I want to discuss in today's show, right?
Well,
We spoke about one of the potential catalysts that could bring new momentum into the crypto markets.
And we had been studying this chart for a very, very, very long time all the way back here when price on the DXY was rising.
And we said, pay attention over here.
Watch for a potential deviation back into the trend.
This would create what we call in trading a power of three where you go through a long-term accumulation or re-accumulation.
Then you go through a manipulative phase.
And then you go through...
expansion in that opposite direction.
Now, if we do get this expansion on the DXY,
this could bring some much needed relief
into the crypto markets.
Remember, as per yesterday's show,
our bias has slightly shifted into that
of looking for a major buy the dip opportunity
following the hash ribbons buy indicator,
which has an 85% profitability.
which I have posted about in the Whale Room Discord, if you want, the extensive view of how we're going to do this.
Please jump into the Whelroom Discord, right?
Now, we need to look at the DXY, which drives the stock market as well and does affect crypto indirectly.
And therefore, we said as the DXY comes down into this midrange, at some point we're going to expect a little bit of a bounce off of this.
And that bounce could create the next leg down in the stock market as well as crypto.
And therefore...
that could provide us with the opportunity to establish those positions, right?
So having a look at this, it did say it takes some time.
The DXY hung around this region over here,
but if you notice these big candles over here,
these are large inefficient candles, right?
Remember what we spoke about yesterday.
The market doesn't like these inefficiencies,
and consequently it finds a way to come back into that to rebalance things.
So if you watch the DXY,
spiking up over here and then finding its next lower high into this inefficiency. That's where you
kind of want to time it with the stock market. You want to have a look at what is the stock market doing?
Is the stock market coming down finding a major low or higher low? And then what is crypto doing
simultaneously? And that's where your opportunity comes into play. Ultimately, you probably want
your positions established wherever this next lower high is created because the next leg down we expect
is going to be...
very impulsive and aggressive towards the downside and that could bring all the liquidity and
momentum that's needed right now that liquidity and momentum is definitely not there right
low volumes across the board i'll show you in today's um show as well video uh
what it's looking like in terms of the volumes right you can see there is still the bearish
divergence which is present on both the daily and the weekly time frame for the stock market
and the stock market has broken trend with a lower low breaking structure and now it's busy rallying up
and therefore if this is the beginning of a new trend you do have to be careful of any sort of a
low high so the areas of interest that i'm watching over here is um you can see this
rejection constantly on the daily from the RSI.
So if the RSI does trend up and meet this trend line,
which is downtrending over here,
and it finds resistance,
and simultaneously, price is pushing up over here
into the $5,900 region,
which is gonna be your golden pocket,
the 618 and 65 level,
that's where I'm gonna be looking for weakness, right?
So either way, even if this is gonna turn out bullish
in the coming weeks, I'll still be looking for weakness
whether it be at the 0.5 level,
which we currently add,
it looks to me like today,
you're probably going to go through that level.
Therefore, this becomes the next major area of interest
where you do have a bearish order block
that did lead to the move down.
And then if it gets really, really heated,
you know, possibly you can come into this daily fair value gap.
But even theoretically, if the stock market does...
what many would call a v-shape recovery push up into 6,100, it's still bearish, right?
That is still a bearish zone until such time as you can reclaim back above these highs.
Therefore, we need to pay attention to this.
And if you do come into these areas anywhere around here, we're looking for rejection.
And then we can reevaluate off of that rejection.
Does that rejection lead into a higher low?
and continuation, or does it simply just lead
into continuation towards the downside
into the lower region that we've identified over here?
Right, only time will tell.
So we'll pay attention to these devils.
This is gonna be absolutely critical.
It has been a brutal couple of months for crypto as a whole,
especially for Ethereum.
If you have a look at the Bitcoin quarterly returns,
6.69% down, definitely the market lead.
And I think a lot of that's got to do
with the institutional adoption,
which I also wanna talk about today, right?
And then if you look at Ethereum, Ethereum down 38.37%.
That's been pretty brutal, it's been absolutely smashed over there.
So the question is, will we see some green, right?
It's very, very rare.
I think at this point in a crypto cycle,
when I say this point,
I mean post-election year,
post-crypto-harving year,
which is usually where you get
your parabolic advancements
and your blow-of-tops
within the crypto market.
It's very, very rare
that you're going to see
back-to-back quarterly reds.
And therefore, that's why I say,
Given the Bitcoin Hashrim and bind indicator,
which flashed off yesterday, and we did discuss it at length,
that's probably reason enough to expect that you're probably
going to see some green quarters in the rest of this year.
Therefore, there's going to be some opportunities, right?
but if you look at analysts like maltum very very very smart woman over here uh you know she's
having a look at mercenaries versus missionaries right mercenaries obviously out there to kill
missionaries out there to spread the word um and help the cause right and if you have a look at this
it's been a rough quarter for the q1 etf flows and it's kind of been divided between you know the
missionaries on the left-hand side that have got the little ticks next to that, you know,
Vanguard, BlackRock, Tuttle, UBS, Morgan Stanley, and then the missionaries, right,
or the mercenaries on the left-hand side.
If you look at the Ibit section over here, well, they've got the most amount of mercenaries.
And...
Basically, it puts us in a tough position
because a lot of the stocks are now below
their 200 day moving averages.
And we've seen apathy and complacency
within the crypto markets,
as well as now spreading into the low volumes
that you're seeing within the stock market as well.
And we can see it, right?
We can literally see it on the chart.
If you look over here, ever since those highs,
have a look at the aggregate funding rate,
which rose on the daily timeframe.
Look at the open interest,
which was also rising on the daily timeframe.
compared to all the prior times where we found those local tops.
And then you spend months going through apathy, very, very similar to what we're seeing right now, right?
A drop in the open interest.
Look at the funding rates.
Nobody wants to bid in either direction.
Not only that, but you have the apathy because we can see the daily exchange volume.
The seven-day moving average continues to move towards the downside.
Although most recently you got a little bit of an uptick, right?
You went from 33.31 billion yesterday up to 34.5 billion.
So there's...
very, very, very small amounts of movement.
Overall, if you look at the
last couple of months since those November-December highs,
it's been nothing but down.
There is apathy over here in the market.
So what is the outlook, right?
What is the outlook?
Well, if you do go through to, again, this post over here from Maltaim,
essentially what she's saying over here, you know,
it looks like we're probably going to be going sideways for a bit, right?
She thinks there's still a lot of pain left in the cycle,
and basically there's too many token unlocks.
And the tokens don't care about you, as she suggests over here, right?
They don't have any feelings.
The tokens, if they're going to be unlocked, will be dumped into the market by those,
at least VCs and early investors, which is, again, why you really need to look at these
trends, right?
Look for the coins that have these massive token unlocks.
and then go through to their charts, right?
And you'll see a lot of the charts are strong downtrends, right?
These are powerful downtrends when those tokens unlocked.
Those little bit of deadcat bounces are oftentimes engineered liquidity
where the market makers, who ultimately also hold a lot of those tokens that are going to be unlocked,
are engineering the liquidity.
How do they engineer the liquidity that open up leverage positions towards the app side?
And that sparks retail interest, drawing retail in to chase the pump, right?
And you can actually see this on a chart, right?
You can see this on a chart.
You can go through to things like this, right?
Firstly, let's just highlight this, right?
If you look over the last 24 hours, this shows the apathy in the market,
24-hour liquidations under 200 million.
This is one of the first times that we've seen that in a long time,
155.82 million worth of liquidations.
That's very, very low, right?
Remember, it wasn't too long ago that we were seeing billion dollar liquidations every single
day.
So mass, mass, mass liquidation.
We said, what's going to happen when all the money is wiped?
It's going to be apathy, right?
And then the market is going to move into extreme complacency.
But what I would say is never short a dull market, right?
That's an important thing to remember.
Now we're starting to move into that dull market territory, which means one big player can come in
create a small market by much smaller one-tenth of the money is required to create an equal size move as what was required
to be in the market to create that same size move over the november december period right which is why you don't want to short a dull market
but going back to how they can engineer liquidity
It's like this, right?
If we have a look over here at the,
and let's quickly throw this on the chart over here,
you can have a look at the price, right?
Over here, price obviously rising.
What happened with the CVD spot?
The cumulative volume deltas, the spot traders, down, right?
Spot price.
selling right these are the guys that you want to trust is the orange line over here they don't
engineer liquidity these are the guys that are buying to hold for the long term but price is going up
how's price going up well they're using leverage right perpetuals which you can see in the aggregate
cvd futures contracts
The futures contracts are rising, showing you that it's leverage traders that are playing the market and not spot traders.
For sustainable moves, you need two things to occur.
One, you need a rise in volume.
And number two, you need these spot traders to join the party.
Now, the engineered liquidity can sometimes work like a snowball effect or an avalanche where it starts as a small little spiral down the hill that builds up into a massive snowball.
But for that to happen...
you would need to break structure towards the upside.
And breaking structure towards the upside
means that Bitcoin needs to clear some of these higher levels.
Most notably, at least the first area of interest
is gonna be around that $92,000 level.
But if we really wanna get technical about it,
you need to get above $94,000, right?
$94,000 would be the level to clear
to break back above this.
Otherwise, any test into that order block
The order block is always the area where it led to the breakdown.
Those order blocks, you're oftentimes see price reverts all the way back into the order block
with multiple weeks in a row of green price section, only to later be slammed back down.
And this is where you need to be careful, right?
So as per the title of the show, which today says, what does it say today?
Let's go to it.
Is it safe to start buying crypto again?
The truth, right?
The truth of the matter is that you probably want to wait for the next pullback.
So you don't want to be part of their engineered liquidity.
You want to wait for the next pullback, whether that's going to lead into a lower low
because ultimately this is the very, very start of a downtrain.
Or alternatively, you would wait to buy the next opportunity.
higher low, which means they would have to actually first break structure and then come down to create the high low.
And then you would say that's the low.
That's the high low.
And then you become a buyer.
Remember, our bias has slightly shifted because of, of course, the hash ribbons buy indicator, which has a very, very high success rate, 85% success rate in the past.
It's very, very rare that it fails.
Remember, price can go below those lows, and it can still be valid.
It just shouldn't close below the recent lows, right?
So...
Here's our price chart over here.
You can see we've been respecting this parallel channel
towards the upside.
Now you're coming directly into that underside resistance,
which again is why getting back above those order blocks
that led to the breakdowns are so vitally important, right?
So your underside resistance coming in between
about that $92,000 to $93,000 region,
but your order block coming in at $94,000,
that's really the level to clear
and you're coming into resistance right now
as we currently speak.
Now I don't expect in one day that it would roll over in the same way.
I don't expect in one day that you're going to V shape out of here.
So there is time, right?
Volume continues to diminish all in alignment with everything that we've looked at over here.
There are no false signals.
Everything over here is telling you that there is apathy and complacency within the market, right?
Flat.
over here on the funding rates when you look on a high time frame like the daily open interest
has dropped uh the seven day exchange volume has dropped 24 hour liquidation levels have gone to one
of the lowest levels ever in fact we can even tell in the youtube views right that's another way
that we can see
because people don't come to watch when it's actually the most important time to watch
because this is where you get the ultimate entries into your trade.
So look, people come back when there's high volatility and not apathy.
And that's why again, never shorter dull market.
So volume dropping, there's some high levels that we need to get back above.
We need to see the spot come back into the market.
Let's have a look at this chart, right?
So if we have a look at this chart, remember on Friday or Saturday,
we are going to be printing the next bare moon,
which would also likely lead to that next move down.
Remember your job in the next two weeks.
Right.
is going to be very very important right so from saturday you have about a two week period before
then you print the next boom even if you do spike up over here you're looking to a either by the
next high low which is going to be there well you don't have to do this but this is at least what
i'm going to be doing a i'm looking to either buy the next high low that comes into play or b
i'm looking to buy into key support and attempt to catch the bottom
That's what I'm going to be doing.
Typically, I don't do that in no man's land, right?
That's why I didn't buy this over here.
I only do this when it comes into key support.
Why is this key support?
Well, I wanted to spend a bit of time as well on this chart,
and you can see why this would be key support.
Let's maybe just throw in a couple of these...
over here if you have a look at this i'm i'm basically viewing this as a key range level right
so if we view this one over here you can view that ultimately as your range low and then you can
view the top side over here as your range high so there it is and then somewhere in between
you're looking at your midrange remember you can always use your fib tool to measure this out
to see um your accuracy right so if we measure from the high
down to the low, where does that put our 50% level
and does it look sticky enough and agreeable?
Well, let's quickly click on this
and remove the range quarterly levels
and just look at the 50% level,
which is marked off in yellow.
And the answer is absolutely it's agreeable
and therefore this is a sensible range.
So this is what I'm viewing,
potentially to play out in up to play out in the coming day so to highlight this a little bit better for you
you know i'm looking at that to hopefully become the high time frame range low which is where
i'd want to buy at that range low i'm viewing this as the high time frame range high over here
and then i'm viewing the area in the middle of course as your mid range area over here and you can
see the stickiness of these zones in terms of support and resistance right
So firstly, this is your little order block that led to the big move up.
This is where kind of the market becomes in or the market gets into absolutely massive trouble.
If you break below this key level at 66,783, this over here is your resistance.
You came down.
You ran back up.
You had one test of that and price rally.
So it's your range low.
This is your mid range because look at how many touch points you had.
One, two, three, four, five, six, seven, hold eight.
nine tested as resistance over there so we had eight as support you came in one is resistance
two is resistance possibly three as resistance and then again lining up with that bear moon this is at
least what i'm looking for even if you spike above right even if you get into 93 94k and then roll over i'm hoping in the next
two weeks i'm able to buy within this one so that's a high time frame plan we have low time frame
plans as well um make sure to be in the well room wailroom discord if you do want that information
but that's what we're looking at over there you are holding those moving averages at the end of the
day you have theoretically no you've actually saved it you haven't had the cross yet
between the 200 m a crossing below the 200 m a which is the light blue crossing below the dark
blue that has not taken place you are crossing back up
with your 9 and 18 exponential, which governs some of those low time frame trends, right?
Okay, so moving on, is the trend up or down?
Remember, you can use the supergupy indicator to really help you to understand this.
Bitcoin is red, Ethereum is red, Solana is red.
Of course, if it's red, it's dead, right?
It's not a long trending trade that you can take.
Sui...
is down, right? So all of these are in downtrends.
Hype is down. Zeta attempting to reclaim,
but still theoretically down. Not enough chart history on that.
Nia is down. Cardano is down.
is down, right? All of these are down.
Aptos is down. You can go through the list. Do it on your own if you want. Atom is down. Avax is down. A0 is down.
All of these are down. Phantom, which is done really, really well recently is still down, but it's squeezing in and attempting to change that overall trend. Injective is down.
Casper is down, say is down.
All of these are bearish, right?
These are still bearish and this helps to keep you out of trouble.
If you're not that clued up on how the markets work,
you can use something very, very simple and easy like that.
Remember, I do cover this as well in Well School, right?
Guys, sign up to Well School. If you're not already signed up,
You don't need to give your credit card.
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One of the best exchanges to trade on is Albank
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And we're going to be building a $10,000 dollar
crypto portfolio for the next leg up, right?
Given that we've had the hash ribbons by indicator, which is fired off,
are we going to be looking for good opportunities?
That's only for the Wales School live workshop, right?
Let's continue.
So Bitcoin dominance riding up this trend line, right?
I've looked for the line of best fit.
In my opinion, this is the line of best fit
because you have multiple touch points over here
without breaking the candle body, right?
When you're drawing these trend lines,
you don't want to break the candle body.
Like if you drew it like that, right?
You're breaking the candle bodies.
That is not...
accurate. If you want to go extremely, extremely, extremely conservative, then I mean you're going to go
week to week and then you can say this trend hasn't broken. But to me, the line of best foot is going to look
like this, right? The line of best foot is week to week to week.
holding those bodies, those weeks breach, but hold,
and then let's just quickly tighten that up a bit
so we don't break that body.
So there is, that's showing that this is starting to break, right?
The Bitcoin dominance is starting to break.
It's interesting because if you look at the total
crypto-countercounter cap, which I can quickly bring up over here,
you can see,
It is somewhat holding up, right?
Let's quickly go into this.
There we go.
So total cryptocurrency market cap, look at lost.
This is a big cup and handle formation.
It did lose the neckline over there, but in terms of overall structure, it has maintained
those major high lows, right?
So you got your rounded bottom.
You got your major low.
This could be the next major high low.
Bitcoin.
still is showing signs that it could come a little bit lower.
And we spoke about this.
We said it's very, very interesting
because a lot of the alt coins are showing signs
that they've come into their fair value gaps, right?
Here's your fair value gap.
You've theoretically tagged perfectly into that area.
Look at that, absolutely perfectly into that fair value gap,
holding it over there.
So how is it that total two can go up
while bitcoin still suggests that it can go down well the only way that would happen is if you
did actually get a breakdown in the bitcoin dominance over here so um
To me, it's too preemptive.
It's too soon to actually call it.
I can only call it now if it breaks below this zone over here,
where I said confirmations that I should outperform
if you break below 60.2%.
But it's getting exciting.
It's getting interesting.
Something has got to give very, very, very soon, right?
So we'll be paying attention to some of these trade opportunities.
The only trade opportunities that I'm really looking for this week,
which is what I dropped in the Whelroom Discord.
Yes, there's all of the Monday range trades, right?
If you look at the Monday range trades, you can just simply throw in.
Let's just quickly do a refresh on this,
and I'll bring all of these up to showcase to you guys.
But there we go.
Let's have a look over here.
I'm simply just looking at the Monday high, Monday low,
and whatever area gets swept first.
That's the opportunity to trade it in that direction, right?
So...
I mean, you haven't really broken this trend line properly yet.
But if you start to break this, it's probably going to start to accelerate towards the downside.
Some are providing long opportunities.
Some are providing short opportunities.
He has hype right here with a long opportunity because you've now swept the Monday low.
This is a trade that you could theoretically take right here, now live on the show.
it would look something like this, right?
If you can get a couple of those weeks down,
you're looking at your hard stop now,
below that week that occurred at price point of $15.47.
I'd have my stop hanging somewhere just below there,
and I'd be looking to trade this
all the way back to the Monday high.
That is a very, very favorable risk to reward trade.
This is providing you with a 10.36% move.
So there are both long and short trades on the table, right?
Look at the Monday range.
Look at which level gets swept first.
And then the reclaim of that level opens up the trade opportunity.
So if hype does something like this and you can get...
one or two little wicks down into this region over here,
you can start to build the long trade,
and you can look for the move towards the upside.
You can also add some additional confluence.
It's gone to the 30 minute time frame over here,
and you can say, you know,
having a look at these trend lines over here,
if you start to break some of this,
the momentum should increase towards the upside.
So if you get about this, you know,
then you know that your final TP is probably gonna hit.
Otherwise, you probably wanna take half of your profits
at the mid-range level,
which is gonna be over here at about 1643.
So I'll drop the rest of those
in the Wellroom Discord for the rest of you guys,
but this is just a trade idea
for those of you on the live show right now.
If you do want to take that for the trading competition,
guys, remember you can win $3,500.
It's only for you guys, right?
So you're not competing against a massive amount of people.
It's only for the Cryptobanter community
specifically on the show.
Another thing that I wanted to talk about is
VoltiSig, right?
Voltaicig with at least their Volt token
is going to be listing very, very soon.
They've pushed it to the 16th of April
because they have a major announcement
which is coming out.
They got a big exchange listing.
I don't know who it is.
You have to wait later on today,
but I can only speculate.
It's going to be a big exchange,
you know, probably like a buy bit,
an OKX, a Binance, something like that.
What is Voltisig?
There is a link in the description below
if you want to read...
a bit more about it. They have some of the top partners in the world and they are essentially the
world's first multi-chain wallet, right? So it's the best wallet that's out there. I've used it.
You can utilize it across all the various different chains, right? So cross-chain swapping,
it seamlessly operates connecting everything together. We'll talk about this more in the future.
Also, token 2049, for any of you that do want to go,
there is also a link in the description below.
You can see that the ticket prices go up and up
and up closer to the event.
If you are wanting to go, there is the happy bird,
the early birds already finished.
I think those were $500.
That was the ticket that I bought.
If you are coming to this, you can use the link
in the description below because they'll give you
a 10% discount with that link.
I don't get anything out of it just so you guys know. It's literally just to help you. You'll get 10% off as opposed to paying the $719.
Take 10% off. Use the link in the description below. That is in Dubai in I believe it's in April, right?
We sometime in April we're going to be having that event. All right, let me know in the comments.
If there's anything else that you guys want to have a look at, what can we bring up?
for you today. Let's have a look at some of the other coins. Let's quickly see how's Ethering
in terms of its Monday range? Where's that situated? Okay, so Monday range, nowhere near the range,
low over there. Another one that I was looking at that I found interesting because just had such a
massive uptrend was a lithium. This would be more for a...
a short trade, where is that a lithium chart?
Let's quickly bring it up over here.
So here it is.
This trade has not activated, it hasn't played out yet,
but this is one that I've highlighted looking for the deviation.
If you do get the deviation, you can see over here,
this has been an insane trend, right?
When this trend breaks, this is going to lead to a pretty sizable move towards the downside.
So you haven't got confirmation yet.
You're simply waiting for the deviation.
You need to see a break of structure.
So to time something like this,
Wait for the break of structure.
Wait for the break under the Monday high.
That would look something like this, right?
Hypothetically, if it were to play out from here right now, you know you're looking for the big spike down because you're dropping a lot of liquidity.
This creates something like a 30% move towards the upside, which means you're going to get a strong move towards the downside when it does break.
So you're looking for a sharp move down.
a big spike up, and then you want to see that lower high form, right?
That's your break of structure.
This sharp move down will be your break of structure.
The lower high is your entry into the trade,
and then you can start to build that long position or short position.
Then it would look something like this.
Hypothetically, if it occurred from here, you'd be looking at something like that, right?
So keep that one on your watch list.
What else do we have?
Phantom, Phantom or Sonic.
Sonic has been very, very, very strong.
It is deviating this level, but let's go to the Sonic one, right?
Because you are looking at the low time frame, so it's fine.
It is deviating this level, but I must say, I don't think that this is one that I actually want to short.
I think that Sonic is more something I'm interested in buying for the long term
Since we have the hash ribbons buy indicator it has broken this sometimes when you do break these things. You'll see it grind up
We've taken this trade multiple times before
I don't want to short it because they're coming out with their algorithmically back stable coin in about five days and I still think this could be priced in towards the upside
I think you could still see higher prices on Sonic rebranded from Phantom to Sonic I think you could see
price appreciate into that as a maybe sell the news event as the algorithmic back stable coin comes
out and then we'll see maybe there's a few hiccups and problems with it and then that leads to the
next big dip and that should line up as well with the next two weeks with the bare moon coming up all right
Let's see, what else?
What else have we got over here?
Let's see, how's Trondon doing in terms of its Monday range?
Okay, so this one's Monday range is coming in at 23.
This one's in the middle of.
Just go through your list and have a look for coins
that are about to drop below or they below the Monday.
Remember this has been a big washing machine.
There is no new money coming in, right?
Don't be fooled.
If there was new money coming in,
you would see the seven day exchange volume spiking massively
and we'd see much more liquidations.
This is a player versus player game right now
with those of you who have been in the space
for a very, very long period of time.
And that's why you have a market in the short term
where you can theoretically take those trades
in both directions, right?
You can be in a short trade on one coin
and then a long trade on a long trade on another coin
at the same point in time because
it's a washing machine they're just rotating money they're just shifting hands right so they
could be shifting let's say for example we just looked at at hype and then let's say phantom
right they could be moving out of phantom or sonic um out dropping the monday range uh the
Monday range high and exiting that position into hype.
It's all just a big shift.
All right.
The other thing that I wanted to mention, guys,
is that the cyber crime is on the rise, right?
The cybercrimes on the rise.
A lot of people are getting scammed.
Please be very, very careful out there.
The first thing I want to say is the easiest way not to be scammed is don't give
your money to anyone.
The second thing is don't click on strange links that you can't identify.
Somebody actually tried to get me just the other day.
True story.
So my Nort VPN did pop up.
I really highly can recommend that all of you pay the very small fee of $3.85 per month,
less than the price of a coffee, to get a VPN.
I received a strange email, and they made it look like it was an OTC IDO deal that I'd invested in.
They call them SAFTS.
and I had to claim tokens, right?
So I went to the email and I thought, okay,
you know, you never really read who the email is from.
That's pretty easy to mask where they can create the initial part of the email looking legit.
And then they put a string of code behind the end of it.
to, which you're never going to read,
because you don't click here, like expand all.
And basically I clicked on it,
and the whole Nord VPN came on saying,
looks like a malware attack, be careful,
and it put a big red page across my screen and said,
warning.
So I just deleted the email,
and that was the end of it, right?
So protect yourself.
Have a NordVPN.
If you don't want NordVPN for some reason,
use any form of VPN protection,
mask your IP address.
Be careful out there.
You know, it does give you threat protection,
anti-mullware,
and also removes ads, right?
Which is a great thing.
So...
there is a link in the description below.
They're giving you, I think if you use this link,
you're getting 67% off, right?
So there it is, NordVPN, click that link,
get your 67% off.
And also guys jump into Wales school.
All right, let's do a couple more.
Let's do a couple more requests over here.
What else?
Let's have a look maybe on some of the things
on the high time frame.
Let's have a look at Suey actually on the low time frame
and then on the high time frame.
Where is our Suey chart?
So Sui, Sui, Sui, Sui, Sui.
Okay, guys, my eyes are getting, are losing these things over here.
Let's just find it.
Sui, there we have it.
Okay, Suey, okay, that's why it's gone all the way to the bottom now.
Sui, breaking out, so, you know, you don't, this is why I never blindly short the Monday range trade strategy or long as well, need that confirmation.
if you look at suio being good it's broken this trend line right we spoke about this days ago
where we said you're coming into the momentum oscillator blue dot buy signals over there while simultaneously
having perfectly tagged the support level this is the equivalent of bitcoin coming down to 72,000
by the way so some of the coins have already done that they've done that test now safe traders
would still not be too late just by the way right safe traders would be waiting for
a proper high high to form price to then come down and form a macro high low and that would become
the safest entry but if you were trying to be a snipe enter like enter as a sniper then you'd be looking
for the exact test into that zone which is exactly what you got right we're looking for anywhere
uh over here between 198 and down to about 191 as the key area of support for support to be found
and then price to bounce out of there um
So there are some good things happening, right?
Let's quickly have a look at hype.
Remember, we did give the long trade over here as well.
This was live.
We put the stop loss into break, even over there.
So this trade has mostly played out,
given that today's Monday range trade opens up a long opportunity on hype once again.
You might actually get the full move.
up to about 18, 90, but that does become a bearish underside retest
where you probably want to take your profits.
Remember the order block is the area where you're going to struggle, right?
The order block is the zone where the breakdown took place.
And this is your order block, right?
Highlighted in pink over there.
That's your order block on the daily.
The little consolidation that happens over there that leads to the breakdown.
That becomes massive, massive resistance, right?
If you can even get through 19, then you're going to really struggle at 20.
So a lot of work needs to still be done for these coins
for swing trades.
These are all mostly short term trade opportunities
on the hourly that we're looking at.
Long term trades, swing trades, not yet, not yet.
All right, yes, guys, jump into
