Ivan on Tech analyzes Bitcoin and altcoin bull trend signals in a live stream
Ivan on Tech presents a solo live stream covering Bitcoin's proximity to a weekly bull trend flip, multiple altcoins that have already flipped bullish, macro context around Scott Bessant and bond markets, and trading strategy principles.
Summary
Ivan on Tech hosts a live stream analyzing the current state of Bitcoin and altcoin markets, arguing that a major trend shift is underway. He identifies that Bitcoin remains in a bear trend on the weekly timeframe but is within a few percent of flipping bullish, while multiple major altcoins — including Ethereum, Solana, BNB, Zcash, and Pump.fun — have already flipped to bull trends on the weekly for the first time since Q4. He attributes the recent market pump significantly to Scott Bessent's statements about unlimited bond market liquidity and the expandability of the national debt, and notes that Bessent has a scheduled speech about an economic offensive against Iran that could introduce volatility. He also warns Phantom wallet users who hold Sui to migrate immediately, as Phantom is shutting down Sui support. Throughout, he emphasizes mechanical trend-following strategy over emotional or fundamental-based trading, and warns against chasing newly minted memecoins or all-time low assets in the current environment.
Key Takeaways
FULL TRANSCRIPT
Bitcoin's Current Position and the Weekly Bull Trend Threshold
Ivan on Tech: Bitcoin is still in a bear trend, but what a pump we had. The money line is still rejecting Bitcoin slightly on the weekly timeframe, but we are literally a few percent away from going bullish on the weekly timeframe for Bitcoin.
We have big news for other assets. ETH is now in a bull trend for the first time since Q4 — for the first time since we risked it, ETH is now back in a bull trend. Obviously it's a mega big signal. The same thing is with Solana. Solana, for the first time since — with the risk here above $200 — is now back to bull trend at $93, and again it's the first time since October that it is in a bull trend. Very, very important.
Then of course you have Hyperliquid just pumping and pumping higher. This thing flipped bullish already back in March and since then it's been up and up and up and up, which is insane to see because this is one of the strongest assets in the bear. And sometimes when you have a bull flip, you need to understand that bull flips normally are the start of a fantastic risk-adjusted entry — just like Hyperliquid turned bullish back in March and since then it's been up only. So it's all about entering an asset that is now going from a mega bear to a mega bull. Hyperliquid is a good example of how this can play out.
Another one which just flipped bullish a few weeks ago, back at the start of August, is Pump.fun. Pump.fun is up 81% since just about two weeks ago, since the start of August when it flipped bullish. So it's very important to respect the bull trend. In a bear trend you're bearish. In a bull trend you're bullish. Now the sun is shining. Now you can start scaling in. Does it mean going all in? Of course not. You have a plan. You have a strategy for how to deploy capital in bull mania.
It's interesting that so many people actually feel worse when things start to pump than when they're all dumping. You understand that when you have this uncomfortable feeling — that assets are pumping and you feel left behind — you know subconsciously that you're not playing at your best level. That uncomfortable feeling when things start to pump and you feel a bit not in the game is because you subconsciously know that you're not prepared. You don't have a plan. You're taking suboptimal actions.
Multiple Altcoins Flipping Bullish for the First Time Since Q4
Now it's so important to speak about this. Currently we have many things going bull for the first time since Q4. Another example is Pi, which actually made a bull trend — barely, but it is a bull trend. Pudgy Penguins now bullish. Hyperliquid keeps being bullish. Let's check others like Sui. Sui is still not bullish. So there you still have a fantastic thing to look forward to once it goes bullish.
And you know, in this market, even if you just have Bitcoin — you just buy Bitcoin, you don't worry too much — you're going to make some kind of profit. It's a bull market. In a bull market, most people make some kind of money. The question really is: is it going to be a 2x where you then lose it anyway, or is it going to be a 30x?
I thought about this analogy a few days ago. A bull market is like a big fat buffet. Everyone comes to the buffet — do you come with chopsticks trying to pick up the food one piece at a time, or do you come with a machine tractor and just take all of the buffet? That is the difference between having a strategy, knowing what trend you're in, knowing how to deploy, and not knowing anything.
Now, things are shifting now. It's now that they go bull for the first time since Q4, and missing one cycle is insane. So guys, welcome everyone. We have a lot to discuss. We're going to go through the different flips, discuss the strategies, and give you as much as possible here on this free stream.
Look here — Morpho up 19%, Pudgy Penguins up 19% today, Lighter up 16%, AA up 14%. On the 7-day, ENA up 92%. Official Trump — even Trumpcoin is pumping. This thing topped out around $40 and some people held it in bear trend, but now it is coming back. Let's actually see the Trump chart. This may be one of those surprises that most people have forgotten. This is also now bullish — officially bullish. Official Trump is now officially bullish for the smaller altcoin speculation. It is open now, before Bitcoin goes bullish.
Bitcoin is still bearish. Remember, many altcoins now go bull while Bitcoin is still bearish. So what do we make of it? You have to manage risk. You need to put in a nice stop-loss. You need to ensure that if Bitcoin actually gets rejected by the money line — which we don't know yet; I think it's very unlikely, I think we're going to go bull trend, but we don't know — you're okay. When your altcoin is bull but Bitcoin is still bear, the risk is slightly elevated. When Bitcoin is bull and your altcoin is bull, that is the best situation. That's when you can scale in hard. When Bitcoin is bearish and your coin is bullish, you can still participate in the bull trend in your coin, but you want to ensure that you have good risk management and a stop-loss in case Bitcoin gets rejected.
BNB, Zcash, and the Run-It-Back Season
Let's check BNB. BNB now also has a new bull trend — very important. The last time BNB went to bull trend it went 91% higher. Very important. Avax — no bull trend yet. Keep an eye on it. And by the way, we just looked at it — new bull trend also. Let's see if we can run it back at least to these highs, which would be around 440%, or to these highs which would be around 700%. As you can see, some of these coins, if they just return to any kind of all-time high, it's fantastic. It is a run-it-back season. They're going to be running very, very fast.
Also for Zcash — Zcash new bull trend, new all-time high, price discovery. Fantastic to see. Hyperliquid already mentioned. Doge — where is Doge? Doge did not go into bull trend but very, very close. Sui — no one cares about Sui yet. When it goes bull trend, we're going to be caring a lot. TRX — strong, still bear trend. Super strong chart, but still bear trend. And Pump.fun — holy crap. Fantastic. Went bull trend here a few weeks ago and since then up 80%. Very, very, very nice.
Ada — no bull trend, stay out. Dot — no bull trend, stay out for now. Pengu — let's see. This is a very good lesson: double-check different charts because you want most charts to agree when it's available. For example, on Coinbase, Pengu is bull. But on Binance USDT, it's not bull. So what do you do in these cases? You want the large exchanges to agree. Binance is a big exchange. Ideally you want it to also be bullish. All of the top exchanges should agree. When you have flips with only one exchange confirming, double-check a few exchanges. Ideally wait one more week to confirm that all exchanges are bull.
Reflecting on the Bear Market Call and the Shift to Bullish
So that's that, guys. I think more or less we've made it when it comes to this bear market. More or less we've made it. I received many messages. This guy Washington Price wrote the other day on YouTube: "You need to get more credit. You're the only person in crypto who is able to give information correctly. Other people were also bullish." Yeah, there are many perma bulls that wrecked their followers in the bear, but you kept bearish right until it was time to flip bullish — and not too late. Exactly. Why? Because we're humble. We have an easy system with the trends, with the mechanical rules.
Now it's time to apply it. Really time to apply it. In the bear it's good to have a system also, but especially in the bull you really need it. Why? Because this is where lives are changing. Wasting a bull cycle is like wasting eight years of your life. You have to wait for the next one. So it's very, very key.
When we started to become bearish in October, people went ballistic. They said Ivan is spreading FUD, Ivan wants clickbait. And it was fully correct. Now throughout the last two months, we said time to become bull. Time to become bull. And yeah, fantastic.
Michael Saylor's Bitcoin Advertising Campaign
Sailor has so many ads. I love the ads. Now we're bullish on Saylor because everything is now coming back. It's good to be bull. Although I'm not touching MicroStrategy or MSTR because it's better to just trade with leverage yourself. If you want Bitcoin leverage, which is my strategy, you can trade yourself. But anyway, let's see what he has with more and more AI slope ads.
Michael Saylor (in ad): "I feel the need for Bitcoin. If you want to ride the rocket, you've got to be prepared to pull the G's."
My favorite one among the latest ones is this one with the capybara. This is so genius now that Bitcoin is going up. It was ridiculous in the bear, but in the bull it's genius because it's all about the price. It's not about the fundamentals — it's about the pumpamentals. Now that the pumpamentals are here, everyone loves this. This capybara. Bitcoin is Bitcoin. Amore. Amore. Let's get some amore. Let's spread Bitcoin with amore, man.
So basically, the guy who's doing all of this content — he's some kind of employee at Strategy because he's pushing them every day. There's something every day. Here's another burger one.
Saylor ad: "Promise me that every time you eat a burger, you will buy some Bitcoin."
He knows the target audience. He knows that we're simple people. Two brain cells — bull, bear. It's time to be bull. Simple messaging. That's it. Now in the bull, we share everything.
Scott Bessant, Bond Markets, and the Macro Trigger
So we're bullish on things that are in bull trend. Many altcoins now go to bull trend. Bitcoin is almost bull trend. We need Bitcoin to go bull trend for us to go mega retardedly bullish, because that's when you have Bitcoin bullish and your coin bullish — the best situation to be in.
This week will be a bit shaky. Let's see what's going to happen on Monday with Scott Bessant. He's going to speak about his Iran plan. He's going to unleash what he's calling the D-Day on Iran — the biggest economic offensive in US history against a foreign nation. We need to look at the bond market always. He has been trying to get the bond yields down by buying bonds with government money. It hasn't really been working out too well. The yields are back. He will have to deploy even more money. The Fed will have to also start buying the treasuries. And today he's going to have some kind of speech about Iran. Something's going to happen. Let's see.
Be prepared for some volatility. The best case scenario for us is more intervention by the US government. If they start buying more, if they say that they will support the bonds, it's going to be crazy. And if you think about it, Scott Bessant kind of started this whole pump. He's the person that really got the QE back on the agenda. Scott Bessant started the Bitcoin bull market by promising unlimited liquidity to the bond market and by stating that the $40 trillion national debt is not a magic number and could go way, way higher. So Scott Bessant is the person to really thank for the recent pumps, and I think it's only the beginning. But we need to stay disciplined. We need Bitcoin to go bull on the weekly. That's the last missing piece. We could literally do it today, tomorrow, in the coming days. We need to pump like 4% and close the week there — and close the week across the top exchanges, so the top five to ten exchanges all agree.
Phantom Wallet Dropping Sui Support
There is one piece of news which is important: if you use Sui and you use Phantom, you need to move. Phantom is shutting down Sui support. They somehow collectively agreed with Sui to shut down — I guess they had some kind of deal, they got sponsored to add Sui by the Sui Foundation, and now that the support has ended and they don't want to pay more, they're removing it. It's very bad.
Lately I don't like Phantom. In the beginning it was great, and I guess for Solana-only users it's still great, but lately they've been removing all kinds of stuff. For example, they removed Monad. Okay, Monad is a small thing. But removing Sui — I mean, I'm not even bullish Sui, but I know many people that use Sui. We use Sui for payments, for all kinds of stuff. And now you have to offboard yourself into another wallet. Is it a serious app or some kind of toy app?
People hate MetaMask, but MetaMask — if it works, it works. You get MetaMask to work and it's going to work tomorrow, it's going to work in one week, it's going to work in one year. It's going to be ugly as heck. The UI and UX is going to be bad. But you know that it freaking works and that whatever you do, you will be able to continue doing it. These guys at Phantom think it's some kind of website where you hot-update, hot-fix, add a network, remove a network. But to export your keys from Phantom to another wallet — for security, it's not good. For you to export the seed to another wallet is not a good thing.
So basically with Phantom, don't use it for anything that's not Solana. With Solana they're not going to remove it. But if you use it for anything else, you just don't know whether it's going to work. They make such a big deal when they add a chain, but they can remove it instantly.
Of course, you should never even be using something like Phantom for big money. But for trading stuff, for short-term trades, for payments, hot wallets like Phantom are very much adopted. And to have to move now — very bad, very, very bad.
I think what Phantom is optimizing for is just trading. I understand that as a business decision. It's like a trading shitcoin casino app. Maybe they're also going to remove Polymarket at some point if it stops making them money. So basically they do whatever makes them the most money, which is fair — it's business. But as a client you need to understand where you sit. If this is how they run it and your money is always at risk of having to be exported and moved, make your own conclusions.
That's why I'm saying: if you are on Solana, people are always going to trade on Solana, Solana is going to be big anyway, then okay, you can use Phantom. Anything else — whatever deal they make, whatever blockchain pays them — don't adopt it. Because I'm sure that this cycle we're going to have new chains and they're going to pay Phantom to add them, and then you become comfortable there, you start using it, they stop paying Phantom, they remove it. This is probably what happened here.
As a business, I get it. People don't trade on Sui too much. There is not too much trading revenue. But the wallet in my mind is a bit more than that. Paying respect to the OGs in MetaMask — whatever I used in MetaMask, it never stopped working. Whatever chain, it never stopped working. Yes, it's crap UI. Yes, it's a million L2s. Yes, they don't innovate. But if it works, it works.
Q&A: Should I Buy Solana Now?
Should I buy Solana now? When it is in bull trend, we're bullish. This discussion of whether it's good to buy — it's like you know, look at Hyperliquid. It went bull here, you see the performance. Pump.fun went bull here, you see the performance. Nothing is guaranteed obviously, but you want to buy bull trend. A new bull trend is kind of like with Bitcoin back here — it goes bull, you're bullish.
But see, this is the curse of the uneducated pleb. When things go bull, what does the uneducated pleb think? "Oh man, I could have bought a bit lower." That's the curse of the uneducated pleb. They don't understand that it's about the trend. "Oh no, it was cheaper last week, so let me buy something that's at an all-time low." Then they buy the super weak chart which is in a mega bear trend. Yeah, you bought the all-time low — it goes to another all-time low. That's the problem.
The curse of the player who doesn't have a strategy and doesn't have mechanical rules is that you have no way of executing. You're afraid to buy because it's not the bottom. At the bottom, you're afraid to buy because it can go lower. Then it pumps from the bottom and you're like, "Oh man, I missed the bottom." Personally, my goal is not to buy the bottom. I want to buy bull trend. When we deploy, we get fast return. Buying the bottom — the risk-reward is not good. You have to be lucky to pick the bottom. What's good is that you pick a new green bull trend.
The pleb who doesn't have a strategy realizes the big problem: at the bottom they're afraid, and when it is a new bull trend, they think they missed the bottom. So they buy some crap which is at an all-time low, which is dead, which is unlikely to come back — but it feels good to buy at an all-time low. And that crap never recovers. Then the pleb gets angry because the things that are strong in a bull trend keep pumping. Not a guarantee — nothing is guaranteed in the market. It's not a free money machine. It's always a risk. Even bull trends sometimes can go down. That's why you have risk management.
Anything that is a new bull trend, especially after a very long bear trend, is good risk-reward. Very, very good risk-reward.
So now we're bullish Solana. We're looking at a recovery here towards at least these highs — 240 to 250 would be nice in the coming quarters. But most importantly, it's actually not Solana itself — it's all of the projects that will be born on Solana and that will be growing on Solana. Because okay, if Solana goes to those levels, maybe you get a 1.5x or a 3x. That's good, it's not bad. But it's again the difference between a 3x and a 30x. If you just get into the big asset, maybe you get a 3x. Is it life-changing for most people? Not really. So that's why it's important to see what's flipping in real time, new assets, new opportunities in real time.
Yes, Solana is fantastic. It's going to do well. I'm bullish Solana. But the big fat opportunities are going to be in the altcoin season as we get deeper into the bull, as we have Bitcoin flip bullish, as we have all of this energy come back and the small coins do wonders. Just like we found Polygon MATIC at a few cents and it went to $2 or even above. Just like IOTA in 2017 — it was crazy times.
If something flips bullish, it doesn't mean it will be bullish for the next four years. There are no guarantees in the market. You need risk management with everything. It's probabilistic. Even the best traders in the world have like a 70% or 60% hit rate, but still over time they make massive profit. The only magic money machine is the Fed printer.
Pudgy Penguins Chart Analysis
Can you show the Pengu weekly bull flip? We discussed this about ten minutes ago. It flipped on Coinbase but not on Binance. Like we discussed, we need the top exchanges to agree before going mega bull on Pengu. I would wait a bit until they're all bull. On Binance, you need to close the week at around 0.0101 or a bit higher. Just look at the top exchanges where most of the volume is for Pengu — Binance, Coinbase, a few others — and ensure they're all agreeing. When you have a flip with only a small margin, just check the other charts and ensure they're on the same page when it comes to the trend.
ADA, SPX6900, and Murad's Memecoins
Is ADA dead? Let's check. Not super close yet. It tried to go to bull trend but let's see once it goes bull trend — fantastic. Then it's also going to be the first bull trend since October. It can easily come back to those October levels. In that move alone you have around 100% pump. If it goes to these highs you have a 400% pump. Currently it's bare. Don't worry about it too much, but once it flips bull, fantastic.
Can you show SPX6900? Let's see. Okay, so this one is also getting close but not yet. Should it go bull, also significant — why? Because this would actually be the first bull trend since August 2025. So maybe Murad is going to be redeemed. Everyone who held Murad coins, I feel very sorry for you. You are wrecked beyond any reasonable belief. But let me see his list. How are the Murad memecoins?
Also, he cut his hair and I felt that he had more power in his words when he had the hair. Somehow he looked more credible. Now that he cut the hair, he just looks like another normal dude. There's something with his hair. I think it convinced more people. Now he cut it. To me it doesn't hit the same. He just looks like another Yugoslav. He looks like he wants to sell me watermelon. Something with the old hair, man. When he had it, he had more alpha. If you listened to him back in October, I feel sorry for you. But if SPX6900 recovers, Murad will have his time in the sunshine again.
Pengu News and Bull Mania AI
Penguin analysis — what to analyze? It needs to flip bullish on Binance. Other than that, not too much to analyze. Let me check with AI. Let's see what's the latest on Pudgy Penguins.
This is why we have Bull Mania AI, which everyone in Bulmania gets for free. Whatever happens on the chart, you also see it in the news. For example, here you have all these coins going bull in the last day, and you can see explanations — ultra bullish flip. Also blade DeFi here. You can read more. Huge weekly engulfing candle on Solana. What people are saying — very, very nice. Micro proxy. XRP is ripping as macro people latch on to the treasury buyback story. Very good. BNB approaching critical resistance zone. Zcash new highs. Very, very good. Chain Link — Chain Link in CFS are on a six-day net inflow streak. A long-term deflation thesis is playing out and you can read more. The integration between the money line flips and what people are saying is amazing.
For Pengu specifically — it's still bearish as we saw. Three threads dominate the conversation: price plus NFT ecosystem lift, real-world IP, and something cooking. There's always something cooking. Other than that, not too much. It just needs to pump. Fundamental-wise good, but it now just needs to go bull trend. Don't worry too much about anything else. It just needs to go bull trend.
Warning Against Newly Minted Tokens
Don't ask me about some new shitcoin that minted like ten days ago. I will tell you when to worry about it. When Bitcoin goes bull and your core coins go bull, then we can worry about some crap minted somewhere. Now it is not the time. Most people going into newly minted stuff are going to be dumped on by the insiders. Currently it's way better to speculate on, for example, Pump.fun — the casino. The market is not big enough for most people to win currently in the meme trench. It's still heavily PVP. Be super careful.
There will be a time when we make a lot of money in the trench — newly minted stuff. The market is just too small currently for it to be a win-win situation. When Dog With Hat minted, it was more or less win-win. Yes, it was still extraction. Most people still lost money in the trenches in one way or another. But for a period of time it was easy mode. Now it's too early. And also with Robinhood, if you compare a few weeks ago to now, it's way smaller. So you have that also working against you — attention going into other places.
There will be a time and a place. Currently it's not yet. But there will be a big fat time. As soon as we see the signals that the market is mature enough for us to have a good risk-reward to make an absolutely killing from the trenches, we're going to let you know. Now, if you buy it, you're going to be surprised how quickly things go down very, very fast. And instead, you could have been in new bull trends in the core coins that just flipped bullish. You literally have Solana, ETH, all of the no-brainer core coins now being bullish. For you to go into the dirt right now is not the time. There will be a time though. Not yet.
Chain GPT and the "Pumpamentals" Principle
How about Chain GPT? It's from the last cycle. One thing with last-cycle coins — they may or may not come back. That's the problem. When you ask, I get a bit worried in case you've been holding it all the way down. If we look at it, it's still in bear trend. These things may or may not come back. If the team is still working, fantastic. But not only on fundamentals — because anyone can do fundamentals. Anyone can do some tech development, write a bit on Twitter. But if they work on pumpamentals to get it up, that's real work. Fundamentals is not real work. Anyone can code now with Claude Code. A monkey can code. Don't get fooled if you see projects saying, "Oh, we're doing fundamentals, we're coding." A monkey can code now. Anyone can ship some new website. Anyone can code.
The real work is to make the thing go up. There needs to be a road map from the geek clicking buttons to money-making. And if you have a coin, money-making is the chart pumping. If the geeks click buttons and it doesn't lead to money in one way or another, it's very bad. Then they shouldn't have been clicking. Don't click. Touch grass.
Potentially there is a double bottom here on Chain GPT. But we need to go bull trend. If it goes bull trend, I think there's a good chance we can see a recovery at least back to these levels — that's around 100%. So once these things go bull trend, fantastic. But overall, it is about the charts in a bull market. Look at the chart. Look at the chart. Look at the chart. And the team needs to be participating in it. In crypto, very few coins organically decide to pump. In most cases the team is heavily involved — whether with exchanges, whether with market makers. For example, in the bear market, if the team has been buying their own coin back from the market and they control a lot of the supply, the coin probably is going to have a good cycle. If they have not, it's going to be tough. There's no way for us to know that. We just need to look at the chart.
Watches as an Asset Class
Someone said about the Daytona. Yes — the Tiffany blue turquoise Daytona. Very, very nice. I actually have a video on it. I will do a follow-up video. It works in the stream. It works with the suit. It is the best. It's gold but also sporty. I love it.
With watches, you could make money on them also. It's not guaranteed, but through time normally watches pump through time. It depends obviously on when you buy. If you bought the COVID hype, you bought some Patek at the COVID hype, you're likely down. So it's not guaranteed, but you have a good chance. It's better than buying something that is depreciating. If you buy a car, you are guaranteed to go to zero with a car. With a watch, you have a good chance of keeping price or going up. So it's not even an expense. You understand? It's not even an expense.
Isak says, "I love your timepiece." Thank you very much. Timepiece — I love that saying. Not a watch, but a timepiece. A piece of art. Very, very nice.
Kaspa, Litecoin, and Range-Bound Charts
How is Kaspa? Let's see. They had their time in the sun back in 2023 and 2024. Now it's back to the lows. No one cares about it yet. But if it goes bull trend, fantastic. We're going to be all about Kaspa if it goes bull trend.
Where there is a seller, there has to be a buyer. Think about when you got wrecked. Someone sold it to you. You bought it. No stop-loss. You thought you didn't need it because you were too smart. You went big because of FOMO. The guy that sold it to you probably had a system, probably followed some kind of mechanical rules. That's a big difference. Crypto is P2P. When the bull market ends and the bear market comes, it's a game of musical chairs. If you're there thinking, "Man, my team has fundamentals, I invest in real technology," and the chart goes down and you don't notice — maybe you're on vacation, maybe you have three kids and a full-time job — the guy that sold it to you had a plan, executed, found the buyer, and you said goodbye to your money.
All the times you got wrecked, you saved someone else from being wrecked. They followed a strategy, they found the buyer, and you were the buyer. So you are a philanthropist. Maybe you did not mean to be a philanthropist, but you are a forced philanthropist — forced into giving away your money by the market because you don't have a strategy.
Can you look at Litecoin? Let's check. Litecoin — the only thing I don't like is that it flips back and forth so much. It doesn't really move. You have a bit of pump and dump. Let's see on the two-week chart. It's kind of dead. Technically if it goes bull here it's bullish, so you can try riding it. If it goes bull here you have maybe 150% upside if it goes back to its highs. But as you can see it's more or less just sideways. When an asset is like this, personally it's not really my preference because there are other assets that trend and have violent moves. This thing is stuck in some kind of range. It's been in this range since 2022 — four years wasted.
You want to be able to see which chart is easy and which one is hard. You want easy mode in the charts. This is a chart which is not the easiest because it's been sideways for so long and it needs to go out of the range. But okay, now it's at the bottom of the range. So you can speculate that it's going to go up to the top of the range. It's not a bad speculation actually. It was at the top of the range, now it's at the bottom. If it goes bull trend, you can speculate that it maybe goes to the top of the range. You're probably still going to make money there.
When you know someone is professional in the market, they know it's probability. Everything is probabilistic. Even the best traders in the world have like a 70% or 60% hit rate, but still over time they make massive profit.
SNKE Chart Analysis
Someone mentioned SNKE. They shill it so much. On the weekly — bear as hell. On the daily — maybe bull trend, and also going above the 200-day moving average. On the daily it's not too bad. But see how consistently wrecked it's been. Someone is dumping. The chart doesn't go down by itself. Either you are the dumper or you are the wrecked pleb who's been holding on hoping for a recovery. Since the bear flip on the daily it's down 85%.
Someone has been dumping this relentlessly. Look at Tron — Tron held pretty much sideways in the bear. So it's not just the bear market. Someone was dumping SNKE and there was no fake-out in the daily trend. The money line is the best when there is no fake-out — it's just down and down and down. Normally daily trends break because the market moves in waves. But this one just went straight down. Someone was just dumping it relentlessly.
Now maybe it's going to be similar on the way up. On Kraken it's right at the border of a bull flip — one tick up, one tick down. On another chart it's confirming bull. So on the daily you have a bull trend, but on the weekly it's still bare. You could speculate short-term and that's it. But if you've held it all the way down, I feel sorry for you. Maybe it's going to return, but maybe there's going to be another altcoin on Cardano. Maybe there's another one on Cardano approaching.
Final Thoughts: Don't Miss This Opportunity
Guys, this is a crazy opportunity in the market right now. Don't mess this up. Don't mess this up. Very important.
How to not mess this up practically: number one, subscribe so that YouTube recommends you the videos. Number two, go to the first link in description and join the newsletter, so in case YouTube does not recommend you the videos for some reason, your money cannot be at the whim of YouTube. Your performance cannot be at the whim of YouTube. And then the third thing — join the wait list for Bulmania. When there are spots open, they end very fast. You book a call with our team. We check that you're serious and that we think our tools are going to help you. Most people trade very badly — that's not the issue. It's more that we want to check that you're serious and want to work with us.
Just the call itself, some people say it's been like therapy, because we go through your mistakes. You need to be fully open with us, otherwise we cannot help. It's like a free therapy session. We go through what you messed up and how you can make it better. Even that free strategy session is very impactful for many people.
Guys, thank you very much. Enjoy your Monday, new week, new crazy week ahead.