Transcript
There's a new clarity act, right?
I will apologize him officially.
And the best thing for the market is to not have clarity.
I'll say it again.
This is a speculative market that thrives on ambiguity.
It drives on having room for the what ifs,
the could of what is should of us, the maybe's.
That's what makes a market volatile.
Makes it have these massive moves up and down
is the ability for people to say,
dude, can you imagine if this and this and that,
like that's what gets people excited.
Once you have clarity, it's boring.
Like it's, people aren't gonna speculate,
think about prediction markets.
You're predicting on, you're predicting,
what are you predicting?
You're predicting shit that could potentially maybe happen.
Once it's happened, it's no longer fun.
You can't play spets on it anymore.
So it's like, where's my car would be?
No fun if they knew where the car was.
Exactly.
What would be the point?
Boy, somebody showed up on, suddenly somebody showed up on time.
I can't imagine what he wants to say.
I can only take one guess who you're talking about.
Yeah, yep.
Steve's pissed because he missed his entry.
That's why he's here.
He's gonna catch that short though once we turn it around here.
Just a little bit.
But, you know, but my group knows we loaded a hundred percent spot
at 75.
That's my biggest purchase since 2022.
So it's a good day.
Oh, really?
Good day.
Yeah, yeah.
Yeah, I got a fully, fully bagload of XRP at 129.
75 Bitcoin, I got 41, no 42, 80 on gold.
So anyways, those are my three.
But honestly, like I was saying yesterday, I wanted it to be
a long.
I'd rather have used leverage because I wanted to get a sniper
entry on it.
And I didn't manage to get it.
Right?
We wanted that extra leg lower.
Yeah.
So I'm basically treating my spot as if it is a long, right?
Basically treating it like some type of short term since I'm not in any short term place.
So I'll sell some of the data or exactly.
Yeah, made some money on the short term, but the goal is the long term trade.
But dude, I will say though, right?
We're going into, we're what, 12 days till the end of the month roughly.
The risk here, man, I mean, this is a very real risk is where the clock is taken.
You're running out of time.
If Bitcoin puts in a move above the high of last month, which is currently what is that
82 and change 82 like 300 or something like that?
82?
Yeah, 82 to a two.
Yeah.
Yeah, I mean, if it goes above there in the next week, but it closes below.
It's not going to be a good look, right?
So this is the very real risk.
It's the scenario I've been talking about on the wolf streams and the videos that I've
been chopping up and everything like this is, this is that move potentially playing out
here.
I will say if I was in a long position, if I did grab that long, I would have trimmed
about 20 minutes ago easily.
Range highs, right?
Yeah.
We've tapped his resistance level about five times now by 80,800.
And both our resistance is the same thing as being bearish at support, right?
If you were short at 75K, it's the same thing as longing 81K.
You're playing on opposite ends of this.
And I've been in the same ballpark as some of us.
So, yeah, if you were in a long, I'd definitely would have trimmed.
I mean, I would hope that some of the community that listens to the spaces and jumps on my
streams or watches the clips that I make of the stream.
Like we talk about this stuff every single week.
I've been like a broken record down at 75 saying that it made more sense we were going
to go higher versus parts.
I just, I don't know.
Sometimes I'm like, I'm creating this stuff.
And I'm just sitting there just thinking like, man, are people actually like, is this
actually valuable or are people actually taking any of this in?
You know, and we say you're also like everyone gives takes here.
Like Steve that just said like, hey, you know, you're our resistance at the top of the
range.
Do people even listen or are they just doing what they want?
Right?
Like that's what's interesting.
Again, you shouldn't be copy trading us.
I'm just, these are all life experiences.
It's a lot of this is common sense, right?
By low so high.
I don't think there's anything that would classify as financial advice is that it's fucking
just common sense.
But, yeah, I don't know.
People sometimes are, I know it's hard to break habits.
I really know it's hard to break habits, but you know, it is what it is.
It took me two years to break my habits.
It took me a few years as well.
There's some bad habits that creep in every now and then, right?
How do you respect?
You gotta keep them in check.
It's constantly keeping them in check.
Also there's probably a lot of, they talk about this for me, I think that anyone's been
making content or been in the game for a while understands like there's usually like an
overwhelming amount of like silent supporters.
If people don't even engage with the tweets, they're just always there.
You know what I mean?
And the only people who bother commenting are typically either super excited.
They literally fall into the trade or they're super mad because they fall into the trade.
Yeah, that's true.
No, we do have a great community.
We've got a lot of people and they do show up in the comments.
They show up on the show, they repost and stuff like that.
So, I just hope that we're being helpful and that some people are positively impacted
by the time that we contribute to these spaces, to streams, to all the things that we do, right?
Yeah, it sounds like, guys, it sounds like bits needs a little bit of love from Ryan, like
that type of love, you know what I mean?
Yeah, I'm not a fan of that.
You can jump on bits and skycounts, give him some love.
It's only one person in this world, don't talk to a George.
And that's bits like he earned that title.
Oh, or he earned it.
Oh, no.
All right, never mind, guys, only hate comments.
Just hate comments.
I love bits.
I heard you say, I'm so out of here.
I hope so.
I heard some of the streams.
Yeah.
No, no, no, look, I'm not asking for that.
I guess I'm more so saying, like I sometimes, because it's easy to just say like, ah, you
know, people keep doing stupid stuff and to laugh at people making the same mistakes.
But, you know, I think a lot of us here are making a very real effort to be as helpful as
we can be and provide hopefully some level of guidance.
Like, I had so many people that poured into me when I was learning and figuring this stuff
out and people that still pour into me.
And I don't take any of that for granted.
I also recognize that if it wasn't for the fact that some of these people were like a
broken record just every time telling me like, dude, you know, don't, don't short support,
don't long resist.
And it's like simple things like that, they were just like over and over and over and just
get hammered with them until I finally, until it clicked, you know, until I finally
decided to stop, stop tripping over the same stick over and over and over, you know.
Do you imagine like Ben Cohen, I mean, the hate that dude has gotten the cycle, I guess
it's probably every cycle he's probably used to.
But he does have a big strong support too, but it's pretty like there's an overwhelming
amount when you just kind of say the exact same thing over and over again, you don't
budge.
And it's like, no, this is my thesis six months ago for a reason.
And still my thesis because nothing changed.
Yep.
And people hate that.
Man, I can't wait to retic that 83K so I can finally start talking about the next step.
I mean, I've been talking about 83K since June.
It's like, I'm ready to talk about something else.
They just changed it up.
They just switched it up.
Because this is the plan.
Come on.
This is the plan.
This is the only way to get it right now.
Just switch it up.
And I think if Eath takes out that that Wic, well, I'm mine.
I've got 2665.
Like watch out, man.
Yeah.
It'll probably run the high again.
It'll probably run that the 2660.
Yeah.
Yeah.
Eathman with those two Wigs holding it down.
We jumped to 2350.
That was beautiful.
Back retest support.
Not about that.
That was too nice.
High time frame is like, you got what you kind of needed to see going into FOMC dumping
into 75.
Yep.
It's the same.
Look, it's the same thing when we saw 81, right?
When you got the entire timeline giving targets of 60K, right when we hit 75 and they weren't
saying an inch of that at 81K.
No one was even talking about bearish takes when we hit 81 last time around three weeks
ago or two weeks ago.
And now you've done for the entire timeline.
It's coming for 60K new lows.
Now you pump up to resistance.
I was going for it.
Or in the same back and forth fake marketing for the last month.
It's ranges are wild.
It's crazy.
There's been so much right on making these ranges, but people just want that 20K swing,
that 15K plus swing, whether it's the downside or upside.
They're just getting either liquidator around tripping for the last four weeks straight.
It's been so much money to make, but people don't realize that we're in a low time frame
range.
And you're shorting support and you're long in resistance every time.
So I don't know.
Did any of you guys take the Litecoin at 5050?
No, did you catch it?
No, not yet.
What's the price?
50, but like $50 and 50 cents.
Oh, this is not it.
Right at the meat of the move, right?
Down at the pico bottom meat of the move.
50, 50, 70, 70.
What was the position for you, Ryan?
Were you?
No, I took a long leverage.
Leverage long.
Oh, leverage long.
This guy's pretty good at picking those bottoms.
I got to say it went 50, 20.
He got in at 50, 50.
I mean, that, that, that, I take some balls right there.
I wouldn't have been buying that.
Are you, are you sniping these Ryan?
Like, Manila, are you, are you waiting by the computer for these?
Are you said, um, yeah, I'm a lot of these.
I'm doing them all on the phone.
Oh, wow.
This is, yeah.
What?
Oh, no, no, no.
That's savage.
I mean, I didn't go full position, right?
Yeah, I built it at, you know, a third, a third, a third, right?
Yep.
Very nice.
Very nice.
Yeah.
Is anybody else thinking about it this morning?
Nobody's making money.
Everyone's saying that.
Yeah, when it's not a liquid, did you guys test that move?
Man.
Oh.
I'm trading right now.
Yeah, that's why I'm a little quiet.
Yeah, I wasn't.
Let's see, why is Metsy sat over there?
Why is Metsy crying?
Oh, I think he had a sword.
Oh, man.
Oh, man.
Please dam bearers, man.
I tell you.
All on Metsy, I, I got to talk to you.
And it's why you love Metsy.
You come right on time.
I'm lying to you.
Right?
Right.
Let me talk to Metsy for a minute.
Let me have.
Metsy, it's going to be okay.
The bear naked ladies are never going to sing.
Oh, Canada again.
That was awful.
It was one of the worst of OK.
It has ever heard my entire life.
It's going to be OK.
You don't need to cry.
I'm going to tell you what you're going to do.
I'm going to tell you what you're going to do.
I'm going to tell you what you're going to do.
Tell us about how you got blown out of a short present.
Your volume levels a little low, Metsy, by the way.
Sorry.
No, it's actually it's all the way up at the top.
He's just very sad.
Can you hear me better now?
No.
It's a little quiet.
Really quiet.
Really quiet.
Really quiet.
Let me come back in.
Let me come back in.
When you come back in, please sing OK.
And a much better than what I heard yesterday.
That was atrocious.
It's all Steve's fault.
I think I'd have jumped in, but he chose not to.
I don't know why.
So I could join in on that national.
We need a backup singer.
I got you, Metsy.
Hey, Dan text down there somewhere.
I think.
Bring him up.
There's probably down there.
I mean, you would just as drop anybody here, American or Canadian could have
sang.
Oh, Canada better than the bear naked ladies yesterday.
I've got rocks in my backyard that could have done a better job.
I have.
I think.
Marty party could have done a better job of singing.
Oh, Canada.
We love.
I just picture.
I just picture like standing up, saluting like doofy or what was that dude's name from the movie?
Oh.
Oh.
No, no, don't do it.
Oh, way better.
Way better.
Let's go.
Yeah, I said my shirt's off.
I'm passing out the lips.
Let me have it.
Sky drove down to the US border to get better signal.
He's like, he's like not on stage.
Looks like he must have.
No, he is on stage.
That's up your way to here.
Yeah, we can hear.
You can hear Metsy right out.
Okay.
We can hear Metsy.
Oh, shoot.
I'm about to the space about to rock.
Give me a second.
Oh, no.
It's.
It's rugged at resistance.
Yeah, we could see Steve singing.
Oh, Canada better than the bear naked ladies.
You got this on the back of singer Metsy's lead role lead singer.
Let's do it.
There's nothing worse than a bear naked ladies like not one not one.
Band that I will actually turn off the the car stereo.
If I hear it on satellite radio.
I was just kicked off because I was like I am not lit.
You know, what's going on.
What's going on in the area.
Is that it's,
that this is atrocious.
This is a the service to my Canadian friends.
What is happening here.
Then immediately be shown up.
I'm at the ticker and Moana.
I'm going to hear.
I'm trying to get rid of up here but it's.
Come in there.
No, hey, wait.
Let me defend these shorts for a second here.
Go home. Go.
You know, I got.
I still got a little.
You know, I got some my go room here.
You know,
right now we're still putting in a lower low on the weekly.
So just until I know we got those,
we do have that pocket up in 84 or five,
you know, that 86 area.
I do like that zone too.
I really do like that possibility.
So it's something I'm watching.
I had a Bitcoin, ETH and Arbitrume short.
I got holed on the Bitcoin, obviously,
holed on the Ethereum and Arbitrume actually I'm in up 25% on that.
So I'll just manage that for the rest of the day.
No more trades for me.
Hey, Kate, real quick hold on, Mitty.
I just got one of those connection issue things.
I don't know if you're still working on it or not.
Okay, okay, cool.
All right, sorry about that, Mitty.
Yeah.
And two as well.
Like if we zoom out
and we look at the like the daily,
we're at the top of the daily range.