Market Talk- crypto and stocks PUMPING!! is the bull run back!!?

Recorded: April 14, 2025 Duration: 1:04:00
Space Recording

Short Summary

In a recent discussion, crypto enthusiasts expressed optimism about market trends, highlighting the resilience of tokens like Farcoin and the potential for Ethereum's recovery. Key upcoming events, such as the FOMC meeting, are anticipated to influence market dynamics, while the community's engagement remains crucial for sustained growth.

Full Transcription

Thank you. Thank you. Thank you. Thank you. Thank you.車椅子の音 so
I'm sorry.
I'm sorry.
I'm sorry.
I'm sorry.
I'm sorry.
I'm sorry.
I'm sorry.
I'm sorry.
I'm sorry.
I'm sorry.
I'm sorry.
I'm sorry.
I'm sorry. I'm just driving. I'm going to go to the next one. Music Okay. so
I I'm going to get to see you back. Yo, what's up, y'all?
Donnie, I sent you a co-host invite.
As always, I think I have to send chill and
invite as well yeah I just send it to him also well hopefully you guys can hear me welcome back
welcome back guys I'm actually still feeling optimistic here I really am we didn't end up
nuking on Sunday typically crypto over the last two months, really.
A lot of the volatility to the downside has been happening on a Sunday.
With the exception of ETH, of course, as usual.
I think ETH made that new low last week during the weekday.
It hit like $1,300 and some change.
BTC kind of swept the low also.
But volatility-wise, percentage-wise,
you really see these moves occur on Sunday.
And for the first time, that hasn't happened.
That didn't happen yesterday.
So with that being said, right,
taking a look at the equity markets,
a pretty solid close.
And I think the next thing that we have to watch out for would have to be that FOMC meeting that we have here in a couple of weeks.
And it truly does seem like Trump has lost his grip when it comes to influencing markets, when it comes to trade war tariffs and all that kind of stuff.
And, you know, we've been mentioning here on these spaces for a little over a week now.
I think it was not the Friday that just passed, but the Friday before.
We were saying on these spaces that the tariff mindshare is essentially BTC at $100,000. if your intention was to short you're essentially saying that longing btc at 100 000 would be an
incredible rr for for upside for an upside trade and as we saw btc didn't even budge above 110 000
right then that's where i kind of think we're at right now with the short trade, at least in the near short term, right? As I don't want to really talk on my own bias, but I truly just think that like,
we're just repeating what we did from March of last year to August. And despite us making lower
lows, we're probably going to find a region where we consolidate in ping pong, which at this point
truly does seem to be that value range for BTC from $80,000 to $85,000, which is really reminiscent
of that range that we were at between $61,000 to $65,000 with some deviations below 60K and above 70K, right?
I think we hit above 70K once in May, once in June, and one final time,
which was a few days after Trump was nearly killed, right?
Kind of insane to talk about, right?
Like, you don't really even see that stuff on the news anymore.
They're kind of just pretending as if that didn't happen, right?
But nonetheless, during that time period of March of last year to August,
we did see some nice trades on chain occur, right?
We saw Smoking Chickenfish, Retardio, Moo Moo, Giga, Lock-In, Sigma,
all that sort of stuff.
And the market is trying to find those same winners, right?
And the market is trying to find those same winners, right?
We have RFC, Retard Finder Coin, hitting 150 mil, surpassing Kida, which hit 90 mil not too long ago.
And we're starting to see those nine-figure runners, but only this time most people are actually missing it.
Everyone is so focused on Farcoin, in which they should, right?
If you see a leader in this market, a high-cap leader that has honestly led most alts on
chain off its floors in mid-March, then you kind of want to be bidding the alpha, right?
We can only chase beta for so long, and the consequences of people chasing beta have been really reflective on how this cycle has played out.
We've seen ETH not even get close to retesting its all-time high.
For its first all-time high of the 21 cycle, which was at 4,400, we barely even got close to that.
And the consequences were because people were just bidding beta constantly
same thing with soul right soul barely went into price discovery and anytime it surpassed 250 which
was its november of 21 high it would barely be above that for like a couple of days and it would
get smacked right back down to 230, 240.
Because people were wasting their soul on pumped fund and just getting drained left and right.
So there are consequences when the market, the broader market, just wants to bid beta and not these high cap O1 tokens that set the ceiling for all these beta plays, right?
And you really have to think to yourself, right?
If Sol actually went to like 400 bucks, where would have WIF topped out, right?
Probably at 15 bucks.
Where would have Pepe topped out?
Probably at 20 bill, 30 bill at least right but that's a conversation that can be discussed at
a broader time here guys um you know these these equity macro guys right like they're talking about
the s&p hitting 4 000 3 800 3 500 for a massive double bottom. With equities, we really, really, really
don't know what the hell is going to hit us because anything can happen when it comes to
the equity markets, right? We're only one invasion away, one war here, one war there, right? They're
called black swans for a reason. And all we can do as far as, you know, the equity markets is take it day by day, right?
We've been talking about $4,800 for some time now.
I remember when I went on market check, I was talking about $4,800 to $5,100 for, like, the absolute max paying short term.
We bounced beautifully off of $4,800 last monday here we are at almost 5 500
and i mean unless some crazy stuff happens i really just don't see us making any any more
severe lower lows right truly on the macro side of things that we do have to touch upon that it's pretty much just trump's trump's truth social post against xi jinping
retaliating right and giving a higher number right like what are they going to do next a million
percent on tariffs right um again this is this is peak tariff this is peak peak tariff. It's kind of like Doge in May of 21, right?
When everyone is talking about a narrative in markets, whether it's the upside or the
downside, that narrative is usually exhausted and typically something else follows suit
if the trend continues, right?
If the trend continues.
And we've bounced perfectly off of some pretty solid levels. BTC bounced just above its March 2024 high. The SPX ES bounced very nicely off of 4800, which was the previous cycle all-time high.
previous cycle all-time high and we have some room we have some room now i'm not you know saying
go ahead and long to all-time highs but at the very least a counter trend rally to the march
highs which would take btc to about 94k sold to 180 and farcoin probably gets near all-time highs
and i mean we've seen what happens when Farcoin leads, right?
Multiple things rally.
Multiple things rally.
We discussed Ray here on the show when it retested its low at 5 mil.
It's now up 10x off of its low.
You have other AI tokens like ALCH, not that far of its previous all-time high and these are nine figure
runners these aren't you know your fucking micro caps that go from 400k to 8 million market cap
you know um and honestly man like when you have people that were preaching meme coin super cycle for months and months and
months all the way fucking down just bull posting relentlessly as prices melted
down and when two digits soul hits when $1,300 ETH hits when SPX is below 5,000
now is when these people that are clickbaiters want to get
bearish and tell their large audiences that this is the time to be careful. And I think sentiment
wise, we're still in a very great place and they're going to get their asses ripped out,
honestly. Hot air rises, right? That seems to be the narrative around here. And Farcoin is up
well over 300%. It bottomed that 20 cents. We're almost at a dollar. It's honestly insane,
especially after the events that occurred over the weekend we had a multi-billion dollar token
rug over 90 percent in less than an hour i'm sure you guys know the ticker the tickers om
mantra dow right a ticket that's been in the crypto space for about five years and with these altcoin with these altcoins guys they typically undergo multiple
multiple events such as this and it's not the first time that we've seen a multi-billion dollar
token rug over 90 right just study luna right and? And a few others from the 2022 bear market. But it did its
job. It changed the world for a couple of weeks. If people bought it at a couple of cents, and it
went to a couple of bucks, it did its job. With a lot of these altcoins, they're meant to be looked at as trades not necessarily lifelong investments right like
if you're in crypto your job should be to increase your bitcoin denominated net worth over a long
period of time which is difficult it is very very difficult. Just ask anybody from, you know, 2017 cycle when they played alt season.
Many people from that cycle are probably never going to achieve their Bitcoin denominated net worth probably for a really, really, really long time or even ever or even ever.
or even ever or even ever man that alt season was absolutely ridiculous but nonetheless usually from
what we've seen over the last few months is not only on sundays have we retraced a lot of the
gains that were made but we usually make lower lows right and we haven't really seen that for
some time most of the damage has already been done since the week after that total lunar eclipse thing so i think for bitcoin at the very least
right um and even solana at this point solana hit two digits for pete's sake probably just
gonna range and chop some people up make them go crazy make them go absolutely crazy while opportunities are on
chain but we do have that fomc event and i honestly think it would be a crime if powell
doesn't address the recent market volatility because america is basically dictated on a few of the process of a few things, right?
Dow Jones Industrial, NASDAQ, and the S&P Company, right?
That is America.
The American dream is freedom via capital gains.
Capital gains are given through these free markets, right?
That's kind of my opening shtick, guys. chill and matt up here it's going to be a great show before we officially get started guys i want
to thank you all for tuning in and showing up whether you're tuning in live right now or you're
listening to the recording guys i want to welcome you all back to market talk brought to you by
because bitcoin i'm your host king wabi and for the next hour
we're going to go ahead and ransom banter but all things crypto markets narratives and dubious
speculation but i think first and foremost we can all uh be grateful that it's passover week
this is the week that we uh honor our lord and Savior, Jesus Christ, for giving us a chance with him in heaven.
And I want to thank him for allowing me another day of health to talk about markets with you all.
And if you guys can go ahead and show some appreciation to the space, show some love to the space, only takes a few moments. Doesn't take that much effort.
The best way that you guys can show some love and appreciation to the space is by clicking
the spaces tab down below.
And once you do that, guys, you'll see right above our profile pictures, right above our
avatars, you'll see a little box.
Some people call it the nest.
Some people call it the jumbotron.
You'll see a little link that says
x.com slash i slash spaces yes and go ahead and smash up the like button and retweet repost the
space as it does a number of things it helps out with the algorithm which of course helps bring
more eyes and ears to the show to the brand and who knows maybe you get one of your favorite
content creators on x here
in the audience and i can invite them up to speak and we can get their thoughts on the market and
we can discuss uh really everything that has a ticker on it right maybe we can have another trad
fi bro up here and we can get their thoughts on far coin but i also want to be grateful that this mantra DAO situation didn't
filter into the rest of the market. Usually, as we've seen over the last few years, whenever
there's a multi-billion dollar token that has some sort of exploit, it does trickle down to the
broader altcoin space as it does induce fear. But the market doesn't really seem to care as much and
from the looks of it it just seems as if a centralized exchange entity just sold other
tokens in one clip and as we've seen this cycle usually when a token gets mass listed everywhere
it's usually the top for some time.
But I want to welcome you all.
Spaces are recorded as always.
We got Donnie.
We got Chill up here.
We got Matt up here.
It's going to be a great discussion.
I want to pass it on over to Donnie first.
Donnie, what's going on, brother?
BTC looks pretty good here, man.
Seoul looks hella good solana is up 40 plus percent off of its 90
low who could have foreseen that you know your favorite bull poster got bearish on soul
and that would be the bottom not to not to like single anybody out but i just want to you know make it clear to
the audience that many people that only get only get engagement because they bull post
wanting to get bearish soul at 90 bucks which soul has led the entire market off of the FTX low. And here we are.
Truly, that was capitulation, in my opinion, at least for short term, man.
But Donnie, how are you feeling now that it's been the weekend?
Prices remain elevated.
A lot of these alts have been holding on to their gains.
And we're off to a great week, right?
S&P near 5,500.
Majors holding up some on-chain altcoins.
Continue to make higher highs, specifically Farcoin, man.
Hot air rises.
What are your thoughts, man?
Welcome back on the show.
And how was your weekend, man?
Thanks for joining me up once again, brother.
Thanks for having me back on.
Yeah, weekend was good.
Just basically waiting for Monday Open to see how we react if we get anything like sharp on either end, but doesn't either we pump in the next like day or two this week and we
start chipping away, getting to like 96.5 K and see if we can get above that.
Or we kind of just stay below.
Because if you remember on the last spaces that we did, I was kind of putting some
emphasis on 84, 700 as like a key level to get above and get acceptance
above there and start building this uptrend you know because we've been waiting for all of these
leading indicators to essentially appear into the actual price action of btc right with you know
their three month delay or however much it may be so if we don't start uptrending now, I'm just assuming that
we're probably going to have to wait until FOMC or some other potential catalyst, you know,
to get us out of these lows, right? But that could mean that we just chop around
below 86k and somewhere above the low that we had at 74 400 you've got some levels at 80k and 78k
which you can go back to retest for like kind of a three tap accumulation that we've got around
these lows but nonetheless the direction is up from here the way that i can see it and you know
just again i think we've been talking about dxy and global m2 for about
four or five months now and it's still the main talking point until we get the direction uh
confirmation on the bitcoin chart so yeah i just shared up in the nest the dxy and global m2
and um you know there's some quoted posts there which you guys can check out later, kind of going back to all the prior updates that we had with these two charts.
So we've basically been waiting for this trend to continue to basically tell us that this next rally on BTC isn't going to be a rollover at the highs.
And we're essentially, you know, getting that confirmation right now.
essentially, you know, getting that confirmation right now. You had the two-year retest on Global
M2, the two-year retest level, which, you know, if this chart had bounced from that low, came back
up to the highs, and then rolled back over, then you could make a really good argument for
a ranging environment on BTC, right? You go back to the highs, you roll back over, and then, you
know, Global M2 is kind of leading that price action by a few months and you can see if
it's going to turn into some sort of range, right? So we've had a very clean break of that high and
a very clean break of the DXY range low after this PO3 played out. So we're waiting, well,
the market's kind of waiting for more clarity from, you know, Fed policy and things
like that, kind of their view of the market and what their sort of intervention is going
And, you know, if that's dovish, which it should be, whether it's, you know, the May,
June or July FOMC, we're kind of headed on the right path to just, you know, go into
price discovery here. So it's just nice to see.
You can have your technical setups,
your views of the overall macro picture and everything,
but until the charts actually play out, it's not certain.
And with this current development on DXY and M2,
you're making a pretty strong case here
that we're about to go to new highs on BTC.
Even if, because the main concern that I've been seeing
or other people's concern with the market
is like how much worse things will get
in between now and like a Fed intervention.
Well, you know, with the local BTC setup,
you're already accumulating at these lows.
It's been like 40 days.
You've got your leading indicators giving you a directional change that's now confirmed
to flip bullish.
Even if you're bearish, your bearish case is a very small percentage chance of playing
So if you're playing a game of probabilities,
it's not really a good bet to take to bet on lower.
From a probability perspective,
you would be looking at longing BTC from these lows
rather than being sidelined
and trying to build your confidence
as the price chart goes up.
Because you're essentially
just FOMOing in at higher prices, right? The overall data is not going to change
for your thesis to change. If price goes up to 100k, the data was already there for the price
to go to 100k. You're just buying higher for no reason. So I just like the developments that we've seen um you know we've had max capitulation
at those lows when btc you know went to 74 400 and then came back for like a local double bottom
retest like i told you guys my dms were literally getting spammed is it over is it over people's
interest for shorts just going up like things like that it was just from
a sentiment perspective i've personally never had um you know a bearish sentiment check like that
ever before so i don't know all the all the stars are aligning for a pretty strong rally here
and yeah it's just a matter of is it going to happen within the next few days and we start
breaking out of this accumulation range at the lows?
Or do we have to wait for a further catalyst,
potentially that FOMC?
So I think it's one of the two,
but it's not that far out now.
It's only three weeks away from that FOMC.
So if we get that, just expect minor pullbacks
to 80K and 78K.
And at the worst case scenario,
if they really want to do one more like sentiment dagger,
you could go to 73, 600, I think.
Those are kind of like the three main outcomes.
But yeah, everything's looking good.
You can see on chains heating up in a pretty big way.
And that's typically a good sign.
I'm literally seeing, you know, Wabi,
how we were talking about rugged charts coming back.
I'm literally seeing charts that were 200k market cap,
already like 3-4 mil.
And like, you know, you can see hype being built up.
So that's a good sign as well.
You know, if there's life on charts,
it means that risk appetite is coming back.
And it's just going to incrementally increase
as BTC starts to play out with this rally. So we'll see. There's also a case to be made that
even if stocks enter some sort of ranging environment and they don't actually end up
breaking to new highs, it still doesn't change the outcome for BTC here. I still think it should be
headed for price discovery. And if we
get further continuation on DXY
and M2, then it could really be like a
monstrous rally
over these summer months and stuff.
I hope it plays out sooner, like within
the next few
days, just so we can
get started. I don't have to
wait till FOMC, but
we'll see how it plays out i'm liking how
everything's looking donnie man let me ask you a question man when trotify bros see farcoin i kind
of see farcoin is like the hulk right it's like you know that grim reaper
meme right and it's just opening some doors and chopping them up you know getting in some targets
right i kind of view far coin is like this crazy anomaly to go against uh to go against
the machine right the machine that controls all markets and i kind
of think anytime far coin makes a uh makes a higher high i kind of think of a far coin as a
lifter right and it's just loading up a bunch of a bunch of plates right it loads up 135 it's time for bears to run and hide
loads up 225 open up the farts nice and wide loads up 315 time to get lean and mean
loads up 405 you know where i'm getting with this right loads up 405 time to bring out the
bacon and chicken thighs loads up 495 right and it just keeps on
going higher and higher and higher and the bar just keeps getting loaded man um and did you ever
think farcoin would like be this strong and kind of make a this is i i i might have gotten a call from the powers that be i ended up uh
getting a call from scam likely right scam likely but either way man i kind of think of far coin is
like that analogy right like the higher it goes it just loads up more plates uh on the bar right so i think the
most weight that you can put on a standard barbell with plates not calibrated kilo plates
um is roughly like nine plates which is like 855 pounds,
which is just below 400 kilos.
And I think Farcoin right now is loading up the fifth plate, right?
495, time to bring out the bacon and chicken thigh, right?
Yeah, I think there was a lot of hate on the fart coin chart when it was
you know nuking from the highs all the way to 200 mil and you know a lot of uh satisfied people who
actually missed the entire rally you know being happy with its downfall so that was kind of giving
like a clue of potentially this thing could uh reverse pretty quickly if the chart stays solid at that high time frame support
and you know it did and as soon as it started to reverse you know everybody just started jumping
back in on it because it was just such a powerhouse when the whole market was going down essentially
from December 16th at that hawkish FOMC when the market flipped a little bit bearish this thing
just kept putting in higher highs and higher highs.
So it was a super hated rally because everybody's bags were melting unless you were in Fartcoin.
And yeah, that kind of gave away the bottom signal of like these people were just way
too satisfied with a coin that had previously done so well that they missed.
So I just had that feeling if it does get like a 50 to 100%
candle off the lows, it's just going to be
renewed optimism pretty quickly.
Because it was one of the biggest
yielding tokens
out of anything in the market
over that period. It was crazy.
Like flipping goat and all of that.
It was something spectacular.
So yeah, likely...
Donny, not to cut you off, man,
but we were also really concerned about GOAT's weakness.
Why was GOAT topping out the week after the election
whereas everything else was going bazookas?
And, yeah, dude, most people are just happy um whenever they miss out
on a trade they're just happy that shit goes down even if they're not making any money on it
and i think it just goes to show that like in this market it truly brings out um human nature
right like if you want to get to know somebody, I think the best way
to get to see what they're made out of
is see how they react in markets, man.
It brings out the best
and the worst in people.
Talking about your sentiment speech
with people being happy
because tickers are going down,
which is quite quite odd especially
if we're talking about crypto here you know yeah yeah exactly um i forgot what i was going to say
about farcoin just then dude farcoin is that one lifter uh that says don't try and get by
or you'll get dealt with and trapped
and pecked at.
And then it's going to
get you in a
quadriceptious, fartious
It's like the
Ric Flair figure four leg lock
except its ass is in your face and it's farting in your face.
Hot air rises, brother.
Yeah, it's an absolute monster.
And yeah, that's what I was going to say.
Basically, like if you find right when you're at key pivot points in the market, let's just say like where we're at right now.
You know, you're waiting for this global liquidity expansion to actually enter the market.
You're waiting for a Fed pivot back to dovish and you have a coin that's
essentially trading vertically against btc right just stair stepping higher and higher with every
little bitcoin like green candle that's that trend is likely to you know last for this first wave of
the market until that trend shifts.
So it's likely that if the market explodes, I think it's going to,
Fartcoin is probably going to smash through that all-time high.
And it's going to become that super speculative narrative once again,
just because of the path that it's already on.
If you look at 99.9% of the market all trading in a downtrend against BTC so you know
if you're waiting for this big pop in the market a very big wave up then and it's already trading
like you know positively against Bitcoin it's just going to be more likely than not a super wild
rally to new highs as you know renewed optimism FOMomo and euphoria starts to enter back into the
market again but for now like i think what we spoke about last time was when you have you know
one coin sticking out over the others people do still have that rotationary sort of mindset we're
like oh let me just skim some a little bit off this one and throw it somewhere else see if i can
you know get a little bit more gains here but that liquidity tends to come back as they realize like oh shit
like i sold too early this thing's going higher and that's kind of what fuels the coins that are
trading vertically against btc to just continue trading vertically against btc so yeah what a
strong chart man like pair it against anything, and it's just...
You got to look at it against the Sol pair, bro.
That's the real alpha, brother.
I literally put up a fractal of, like, you know,
it was Firecoin on base, but essentially they have, you know,
one-to-one price action, so it doesn't really matter.
It's the same for Firecoin on Sol.
It's literally playing out the Sol 2021 fractal against BTC,
like Sol BTC in 2021.
Literally, like, BTC in 2021.
Literally like exactly the same.
It's pretty nuts.
And so when BTC went into price discovery in 2021,
that's when like the sole BTC pair just went nuts because you had Bitcoin dominance
finally giving liquidity to the rest of the market.
And those first leaders off the lows
with their Bitcoin pair just you know
went vertical essentially so expecting something similar yeah him him him got you right whatever his
last name is he's been talking about far coin brother and you know when him gets bullish brother it's time to to to rev it up brother man
and the legend that was uh quite some time cents into dollars baby hopefully it happens this summer
man i'm trying to i'm trying to pray about it brother i. I think it's going to be farts into dollars, bro.
I hope so, dude.
I hope so.
I'm going to Disney next month
farts turn into dollars,
then I'll be a happy man,
dude. I'm looking to have a Disney moment.
You know what I'm saying but uh man let's
get some thoughts from chill chill how are you feeling man ai is doing tremendous and ray is
just fucking melting upwards it's good to see uh some winners potentially on the cusp of actually making higher highs, man.
But, Chil, what are your thoughts, man?
You know, we're seeing some new on-chain runners hit nine figures in market cap after on-chain is or has been in limbo for quite some time.
But what are your thoughts on the market, Chil?
Welcome back, brother.
I appreciate you guys inviting me back again, man.
Look, markets have been good. Me and Donnie pretty much have a very similar outlook.
Whether we range a little bit from here on Bitcoin or we go straight up, either way,
trenches are cooking, right? I always say this when I come on the show, but anytime I take information in, I'm optimizing for, okay, what is this going to do for on-chain?
Like, what does this do for volume?
What does this do for some of these high mindshare tickers?
And, you know, basically, the way I'm looking at it is pretty much no matter what we do
on Bitcoin from this point forward, the trenches on change should be good. Volume should be
sustainable. And any pullbacks on Bitcoin would pretty much just provide entries on a lot of these runners. I think the time to start bidding was a few weeks back when
prices were down. We don't really know how much lower that they can go, but there's such deep
value prices. It's almost like, why wouldn't you buy at this price point? right? And now, you know, tickers like Ray are, you know, up,
I don't even know, like 8x off the lows, 10x off the lows, something like that.
And so, you know, if there is a point where something, you know, something like a pullback
on Bitcoin happens, you know, perhaps we see a good entry that we can take advantage of. But
either way, man, you know, I like the way things are
shaping up. I see Besant talking about replacing Powell as Fed chair in the fall, even though he
has still much longer to go in his term. So I'm just looking at these little things that the
Trump administration is doing, and it's all coming to a head,
and it's all going to be very bullish for markets. And one thing that I did take note of as well,
I tweeted about this, I think it was last week. But I said, I said that the, the, the confusion around the uncertainty around tariffs have peaked, in my opinion. And I mean, it's, I think that's true. It's, that's proven to be true so far. You know, Trump is saying this and that, this and that, and the markets just continue to rally. Why?
Because I'm assuming the market is thinking, we can't take this guy at his word. He flip-flops
every single day. He's even dicing up statements on the weekend. So at this point, I do think the
uncertainty around tariffs have peaked. And so that's good for on-chain volume. The Bitcoin
price action is good for on-chain volume. The last piece of the puzzle that I'm waiting on is Ethereum. I'm getting really interested in ETH at these levels. I want to see if we can reclaim $1,800, if we can stay above around that level.
I forget the exact price point.
But if we can stay above about $1,800, that's where I'm going to start looking for long setups on ETH.
I think that's going to be a pretty easy trade when things actually get going.
But yeah, I mean, Solana AI tickers have been popping off lately.
I really love being in trades that aren't that popular. One of those trades was Fartcoin. People are DMing me, asking me if I'm okay, asking me what would happen. mindshare for, I don't even know how long, but it's been number one mindshare on cookie.fun
for, you know, the last, let's call it five, six months or so, even with the downturn.
And that tells me that there's still a lot of interest in AI. There's still a lot of interest
on going out on the risk curve with some of these tickers.
So that means, you know, there's going to be an appetite for AI memes.
There's going to be appetite for even AI utility.
You know, a lot of people are, they came at me because I trade pump fund utility AI tokens.
A lot of people, unfortunately, don't think that anything launched on PumpFun is a rug.
Most of it is.
Most of them are rugs and scams, but that's why you do research.
And when you do, you tend to find some of these great tickers.
And one of them, PBS PBS is going crazy right now. It's up, you know, somewhere around five to actually knows 10 mil.
So about 10 X off the lows.
And you find that some of these, some of these tickers, man, they're actually worth a second look.
They're actually worth a buy.
And, you know, I just like being in those trades, those trades that no one really sees clearly.
That was a good call, by the way. I saw your your Pico bottom tweet on PBS, man. I just like being in those trades, those trades that no one really sees clearly.
That was a good call, by the way.
I saw your Pico Bottom tweet on PBS, man.
Appreciate it, man.
It's just, Solana is such a great place to trade. And I know a lot of people are like, what are you talking about?
But it really is, if you know what to trade.
For me, I love utility.
I love verifiable growth, revenue generating
products, something that brings something innovative to the market. And there's a lot of
kind of the there are a lot of gaps in the in the AI sector that a lot of projects are coming in,
especially around agents, infrastructure, GPU, rendering and stuff like that. So there's a lot
of opportunity out there and the volatility
that we'll experience in Bitcoin, you know, moving forward, whether we, you know, go for an
accumulation range or whether we go straight up, it will provide a ton of on-chain opportunities.
And you don't have to find the next 100x, right? The next 50x. You don't need, if you size appropriately, you can still, because someone
will buy one sole worth of some, you know, meme coin, let's say, and then let's say it like 50Xs,
right? But if you size bigger on something that's more established, something that gives you
confidence that there's less risk, there's less stress, you can sleep on that, no problem. And
then before long, something like PVS, you'd be up 10x off the lows. And perhaps you bid much more than one soul, so you might end up getting much more than 50 soul in profit. And again, less stress, less risk, less time management.
And so a lot of these trenchers, a lot of people are getting it wrong.
But everyone trades their own way.
I trade mine.
And I'm loving how everything is looking on Solana right now.
Max opportunity here.
And I'm hoping that – not hoping, but I'm confident that the volume will be sustainable over these next few months.
that the volume will be sustainable over these next few months.
And anyone looking to really run it up over these next couple of months,
this is your time.
Man, AI, brother.
It's been quite the story, really.
It's probably like one of the narratives that are still probably going to be here during the next presidential election, man, in 2028.
It'll probably still be around.
It seems like memes and AI is just like, it's sort of like the tech bubble from the late 90s.
like the tech bubble from the late 90s um i'm kind of wondering like what kind of low cap stocks
there is to bid to benefit off of ai because some of these stocks can move um like meme coins
honestly uh we saw what nvidia did throughout the last number of years and with the way ai is
progressing you'll probably see a lot of opportunities in the stock market.
I'm just trying to figure out what those names are going to be.
I think outside of NVIDIA, another stock to look at would be AMD.
There's another ticker as well, but I can't really remember it off the top of my head. I have a list somewhere on my Mac,
but outside of NVIDIA, all I really know off the top of my head
would be AMD, and Long China still seems like a good trade here, right?
But I don't really have much else to say for today's stream, guys.
It is Passover week, so I'm not really going to be looking at markets as much.
I think it's pretty smart to allow yourself throughout the year, maybe once per quarter.
Give yourself a week where you kind of just tune out of markets, especially
after you have such a large event back to back.
This month, we've had World Liberation Day, which caused a McNuggenstein across markets.
And then last week, we had a peak tariff escalation with SPX having a four handle
on it and the VIX going to 60. And anytime we've seen volatility up up those elevated levels over
the last few decades, it does tend to mark the top, at least for bearish momentum, right?
And usually from what we've seen, for example, in August of last year,
markets usually try to find their footing over the next month or two
before massive trend continuation.
But, you know, this week I'm just going to take a step back,
not really go too hard on the paint or be deep in tickers or any of that stuff i
think it's just as simple guys as as uh you needing to see strength on far coin um as we did see right
like anytime you have leading tickers stalling out of momentum, the broader market tends to suffer.
And we saw that with hype. Of course, we saw that with hype in late December of last year and early January of this year. want to keep uh you know the shows a bit more a bit shorter but also putting in as much alpha
uh to be respectful of people's times and to also respect the market right like i can come in and
just yap about the same thing over and over and over again but if it doesn't really offer anything
new i just don't think there's really worth anything talking about.
But, you know, covering this this journey of flatulence has certainly been entertaining. specific altcoin the ceiling is always how viral can it get or how viral can the narrative get
outside of ct right with memes we saw mooting uh become a pretty viral meme across all the
internet i think mooting hit like just under a bill or something like that. We saw Peanut the Squirrel.
Like people want to say like the meme coin super cycle didn't happen,
but it did, right?
But it did.
Peanut the Squirrel hit like five bill market cap.
SPXC 900 hit just below two bill.
Same thing with Mog.
Pepe hit 13 bill.
And, you know, those valuations of billions,
literal billions were reflexive of how viral apps like Moonshot got, right? If you were bullish on
memes, Moonshot activity would be your indicator of interest. NVIDvidia going up and other tech related stocks going up
and that narrative going viral that would be reflexive on some of these crypto ai prices
right ai 16z hitting almost three bill market cap and other things of that nature right and those
narratives they probably will come back but it's's taking its time to bring in some fresh liquidity.
There's a lot of those people that bought into these projects are probably never coming back after they took their bag.
But if a narrative is strong enough, as we've discussed on these spaces, charts that don't necessarily look good at bottoms probably never look bearish at tops.
And there's only one right way which is the market price is the ultimate arbiter of truth everything else is
a psyop i want to thank every one of you that's here in the audience right now thank you all so
much for tuning in if you guys are new here if this is your first time tuning in, we are BecauseBitcoin.
We're an online financial media company that loves to produce online live streamed content.
And we have shows for anybody and everybody.
And also times that, you know, adjust depending on where you are in the world right we understand that we have
an audience in America Europe even Asia right so our first show of the day is over on our YouTube
channel that show is called market check if you guys are into all things charts technical analysis
of graphs and all that stuff feel free to check that show out the show's
typically hosted by a few of us team members here from bb where we just interact with the live
audience go through charts all that kind of stuff live banter and all that sort of stuff
then our second show of the day is called market, and that show is hosted by me, Wabi.
Show is usually hosted at 4.20 through 4.40 p.m. ESC start time.
Market Check is usually hosted start time from 11 a.m. ESC to 11.15 a.m. ESC.
Both shows are typically about an hour, hour and a half, depending on the day, sometimes two to three hours, right? And for Market Talk, you can usually expect sort of an audio version of Market Check, right?
We have a few entertaining moments, a few funny moments,
but overall, it's just myself and a set panel talking about all things markets,
whether it's equities, whether it's macro, whether it's crypto-specific things.
We like to talk about it all.
So if you guys enjoyed today's stream, I want to keep up with what we've got going on.
You think to yourself, man, you know, I really like how entertaining these guys are.
I really like what they've been talking about.
Feel free to give us a follow and feel free to turn on bell notifications if you guys are also interested in keeping up with an all access page that covers all crypto news market news.
We tweet about some memes and stuff. Feel free to turn on bell notice.
We are one of the fastest news reporting pages in all of CT, in all of X, in all of Twitter, whatever you want to call it.
T in all of X in all of Twitter, whatever you want to call it.
So if you guys want to keep up with some pretty cool live, entertaining,
unbiased live stream content, feel free to give us a follow.
Feel free to turn on bell notifications and also feel free to follow Donnie and
also chill. They come up here pretty much on a regular basis.
Chill has been coming up on these spaces for almost two years now.
And Donnie has been a part of these shows for almost six months,
and it's been pretty awesome having them on pretty consistently.
And you always want to follow people that are always consistent on their views on the market
and talk their book.
That's always important, especially in an industry that's only going to grow even more and more and
And so you never really want to follow like a thousand plus people because
then your signal just gets diluted.
But nonetheless,
I want to thank you chill and Donnie for coming up here on the show.
Spaces are recorded as always before i
before i uh close out the spaces donnie chill is there anything else that uh that you want to bring
up before i uh wrap up here guys just move to the beat of your own drum. Make your own framework. Create your own thesis on the whole market.
And follow what your research tells you.
That would be my biggest kind of way to just kind of close up the show.
You know, you never want to come to CT looking for a thesis.
You want to already have a thesis and really just comparing what you find
and what you think about the markets to what's being said online. You always want to do your
own research. You always want to follow, like Wabi said, follow voices that are consistent,
accounts that aren't just focused on extracting value,
but really are adding value to the space.
So yeah, definitely love being here,
coming on these shows for a while.
Appreciate you guys always having me up, Wabi,
and definitely looking forward to continuing
to provide as much value as I can.
All right, guys, with that being said,
I'll see you all on the next one see you guys uh bright and
early for market check tomorrow at uh 11 a.m est we had a pretty good turnout today man we had like
uh almost 400 people live throughout the stream so what should i put uh for the uh
So what should I put for the closing song, man?
I'm wondering.
All right.
I'm trying to find a song I'm going to close out the stream to, man.
I'm just going to put Aladdin, bro.
That's been working.
Well I remember that damn 40 thieves, sherry's out of hand, thousand tails.
Master you won't even look, cause up your sleeves, you got a bank that you never fail.
You got some power in your coin now, heavy ammunition in your game.
You got some proof to the sack, you got government do is love that name. I said, Mr. Alexa, what will be your blessing?
Let me get your up there, hug it down.
You ain't never look good like me.
Life is your restaurant.
Come on, whisper what it is.
You ain't never look good like me.
We've had ourselves on the service.
You're the boss.
The king's shot.
Say what you wish.
It's yours too.
A little more barbecue.
That's all my college man.
Tell all of college man.
I'm living with every kid.
You ain't never had a win like me.
What the fuck is it?
No money. No money.
Be your friends, too, thanks.
Be your friends, you dance.
Be your friends, too, this.
Be your little high.
And now let's go.
And you're here. Be your friends, you're African-American. The Lillie High! And now, let's go! POO! PURSING IT HERE!
You know, friends, you're a fabricada,
a lot of rap, and then make a sucker disappear.
I thought you'd hit your back door,
and I heard the answer was gonna be dead play!
You got to go down, pretty ass, 35,
you got to change it for the time to pass.
I got a power wire to help you out!
Come up, you rich, I really wanna know! You got this damn three miles long out no doubt
well you got it You ain't never had a friend You ain't never had a friend You ain't never had a friend like me
You ain't never had a friend like me