In short
Crypto market recap focused on whether Bitcoin’s bottom is in, driven first by Binance derivatives liquidation “short squeeze” mechanics, then supported (or not) by spot/ETF/retail demand and multiple technical “bottoming/confluence” indicators. They also review broader altcoin strength and answer live questions on specific tokens.
Guests
Bijan Maleki (host) and Chris Bullock, aka “Blastoplast.” Chris is a technical/quant-focused market analyst using on-chain, ETF flow, and indicator-based chart frameworks (e.g., realized price, DMARC, megatrend/Bressert-style cycle tools). No other guest credentials are stated.
Key claims
- A record-scale 3-day Binance perp short squeeze caused the sharp upside.
- ETF inflows turned meaningfully positive by week’s end; cumulative ETF holdings reversed upward vs treasury holdings.
- Coinbase premium index is trending back toward zero (retail US demand improving, not yet fully green).
- Bitcoin short-term holder realized price flipped upward and is becoming support.
- Multiple cycle indicators suggest momentum reversal is near, with confirmation needed via higher highs (around 82–83).
Notable examples
Hyperliquid (new ATHs; strong consolidation), Solana and Ethereum (sideways strength; DMARC setups). Weak relative strength called out for SWE and NEAR; meme/alt leaders include Pump.fun, SPX, Aave, Uniswap, Jupiter, Link, Monero, and Pengu.
Written by AI. May contain mistakes. Listen to the episode to check what was said.
Chapters
Tap a time to open that second in VORecap of Last Week's Crypto Events
0:46 to 1:42
Discussion on last week's market movements and overall sentiment in crypto.
“Yeah, we'll talk about price action, but we're going to dive into the why and the how of it as well.”
Understanding Short Liquidations and Market Impact
1:43 to 6:10
Explaining how liquidations can drive market prices up and the implications of recent short squeeze events.
“Several of you did say, do the white charts, they look better.”
ETF Inflows: A Positive Sign for Bitcoin?
6:11 to 8:06
Discussion on the significance of recent ETF inflows and what they indicate for Bitcoin's market direction.
“Like cumulatively, it still wasn't much, but we're starting to see more net inflows on the day and less net outflows on the day.”
Retail Buyer Sentiment and Market Dynamics
8:07 to 10:05
Analyzing how retail buyer behavior is changing and its impact on the cryptocurrency market.
“suddenly carries a lot of weight for me.”
Bottoming Signals and Market Structure Changes
10:06 to 14:01
Exploration of bottoming signals in Bitcoin pricing and potential shifts in market structure.
“It's kind of, you know, the crypto market breadth has actually ticked up quite a bit across the board.”
Bitcoin's Breakout and Support Levels
14:01 to 21:20
Learn about Bitcoin's recent price movements and the significance of breaking key resistance levels.
“drastically rose up through it and is now flipping it and the line itself has changed.”
ETF Trends and Market Influences
21:20 to 22:30
Explore the impact of ETF buying patterns and macroeconomic conditions on Bitcoin.
“I want to give a shout out to my personal quant, all of our quants, really, Jamie Coots, because he noted that ETF buying last month, actually.”
Analysis of Bull Market Signals
22:30 to 28:01
Understand the indicators and signals suggesting the potential onset of a bull market.
“I mean, I think just from a technical standpoint, we like to have confirmation, you know, and so that's kind of what I'm looking for.”
Analyzing Hyperliquid's Performance
28:01 to 31:29
Learn about Hyperliquid's recent all-time highs and market strength.
“Well, I think for me, the big takeaway is that not only did we set a new all-time high, but we actually closed the week at an all-time.”
Evaluating Major Cryptos: Solana, Ethereum, and Bitcoin
31:32 to 39:05
Discuss the current performance and outlook for Solana, Ethereum, and Bitcoin.
“And let me see if, Now, let me go back to this.”
Show all 19 chapters
Assessing SWE and Near
39:06 to 42:00
Explore the performance of SWE and Near in contrast to other major assets.
“The fact that they did not outperform that.”
Investment Strategies for Recovery
42:00 to 43:00
Learn how to make responsible investment decisions after losses.
“uh move some into some of these other ones that are moving and try and make up some of those gains Now, don't try to make it all back at once.”
Analyzing Altcoins: SPX and Pengu
43:00 to 44:10
Discover insights on SPX and the altcoin Pengu's performance.
“So that's all you need to know about SPX.”
Evaluating Recent Market Movements
44:10 to 45:50
Understand the significance of recent price movements in Pengu.
“Yeah, I mean, now, granted, it's rolled over a little bit, but it also ripped quite a bit, too.”
The Potential of Rekt and NFT Projects
45:50 to 48:20
Explore the recent success of Rekt and its NFT project on Robinhood.
“Sold out really fast, which is not something we can say for NFTs in a very long time.”
Market Sentiment and Ponds Analysis
48:20 to 50:00
Analyze the market sentiment around Ponds and its potential.
“I think it's cool what they're doing and I'm rooting for those guys.”
Doge and Meme Coin Dynamics
50:00 to 52:20
Learn about Doge's performance compared to other meme coins.
“As long as Robinhood is doing well, I feel like Ponds is going to do well also.”
Finding Investment Opportunities
52:20 to 56:00
Identify strategies for selecting promising altcoins in the market.
“I have a feeling you're going to reference that altcoin chart that we looked at for some great bangs for your bucks.”
Finding Investment Opportunities
56:20 to 56:43
Identify strategies for selecting promising altcoins in the market.
“And go check out some of the new dashboards on the platform.”
Transcript
Automatic transcript. May contain errors.0:06Kris Bullock:Happy Wednesday, everyone, and welcome back to another edition of Trading the Markets. This is the show where we go over the charts, we look at what's happening in the market, and of course, we take your questions live on air. So if you have any questions, just drop them into the live chat and we will get to as many as we can. I'm Bijan Maleki, And of course, we're joined by Chris Bullock, a.k.a. Blastoplast. Today, we've got a great show for you guys today. I'm sure if you've looked at your bags, you're probably feeling, I guess, somewhat optimistic. But we're going to go through a recap of exactly what happened last week in crypto.
0:46Kris Bullock:Yeah, we'll talk about price action, but we're going to dive into the why and the how of it as well. So we can kind of, you know, learn a little bit something here today. and we're also going to look at maybe potentially a few bottoming signals that may or may not have flagged on Chris's radar. Chris, happy Wednesday. How's it going?
1:07Bijan Maleki:Doing well, doing well. I'm looking forward to this. There's so much to talk about. Last week was crazy and we touched on it on Monday a little bit, but yeah, last week was crazy. There's all kinds of things to get through. Before we jump into it though, obviously you can see I have a black chart up and not a white chart. So I wanted to address that first. I was surprised at how even the votes came out. It did lean more towards the black side, obviously, as I have a black chart. But I honestly expected it to be almost exclusively white, like white charts all the way. So I was surprised to see that it was even as close as it was.
1:45Bijan Maleki:Obviously, I don't know what to do. Several of you did say, do the white charts, they look better. More of you said the black charts look better so i'm going with the majority but i i i feel you i hear you with the white charts uh continue to just leave comments uh on both sides going forward and i'll try to you know i mean i can't please everybody so i'll try to i'll try to do what i can do but um
2:07Kris Bullock:yeah anyway maybe like pushing up each week you know make you know one subset happy in the next or guys vote in the comments each week and it can it can change it could be a daily battle So there you go. There you go. The dark background versus the light background.
2:23Bijan Maleki:So anyway, Chris, as you are. Maybe I will change it up, but we'll see. OK, so what we're looking at here is Binance liquidations, perp liquidations on Binance. And this is what primarily drove the price action. Now, we know we had catalysts outside of that. We had Besson come on. We had the Treasury come on, you know, talking about increased bond buybacks and all this stuff. So that was kind of the thing that shifted people's thinking. And a lot of people were short Bitcoin when that announcement came out. And so when Bitcoin started moving up to the upside, when people started buying Bitcoin off the back of that announcement, suddenly all those short positions started to get liquidated.
3:01Bijan Maleki:And when short positions get liquidated, that creates like a mechanical forced buying. When a short position is liquidated, a liquidation engine kicks in and automatically buys the position back up. And so it just goes up the order book and does market order buys and just keeps buying until it exhausts the position. And that creates sort of forced mechanical buying to the upside. That's why the price rips to the north in that situation. Same thing happens to the downside when we have liquidation cascades when long people get liquidated. And those aren't nearly as fun, though, because we're watching price, you know, go through the floor.
3:40Bijan Maleki:So when we have short squeezes, it's a it's a fun day because it means price is rocketing to the upside. But not only did we have a short squeeze, we had like an epic short squeeze, you know, of record proportions. And not only was it just one day, but it was actually three days. And so what we're looking at here, here's on the daily time frame. And I want to kind of zoom out. This goes all the way back to like the end of 2021, sort of in October. And so we can see on the, you know, this line goes way down. So I don't have data prior to that, but just based on the size of the crypto market now and the size of the derivatives market, it's probably safe to assume that this was one of, if not the biggest short squeeze potentially in the history of Bitcoin.
4:27Bijan Maleki:but not only that not only that like normally when you see a short squeeze if you go back and look some of these these are big but they're all only like one day or maybe a couple days whereas here on this big one it was three days and not only that on day three the day three liquidations were bigger than most of these other ones like the day three liquidations were still like the third or fourth biggest liquidation day potentially in history So this was like a three-day epic, epic short squeeze. And so when we look at it like on the weekly timeframe, this is what it looks like. This is the scale of which we're talking about in terms of a short squeeze.
5:09Bijan Maleki:So that's why we saw big, big upside price action. But in addition to this, like initially I was like, oh, this is cool. This is great. But we need more meat on the bones. We actually need spot buying. We need real, real buyers to step in and actually continue this way, because this right here was just like mechanical. This wasn't actually sentiment changing or retail coming in or people coming in and buying spot Bitcoin. This was just like people getting liquidated in the derivatives markets. So you can't really put as much weight on something like that as you could on organic people saying, hey, I want to go buy Bitcoin with my hard earned money and bring the price up that way.
5:48Bijan Maleki:So I didn't put as much weight into the price action as I otherwise would have had it been more organic. But when I went, we had to wait until we kind of had to wait until the end of the week to see what the ETF inflows looked like. And they ended up actually pretty good. So I was looking at it on the daily here as they were coming in. And I'm like, well, this is this is a step in the right direction. Like cumulatively, it still wasn't much, but we're starting to see more net inflows on the day and less net outflows on the day. And then finally, at the end of the week, when the weekly numbers came in, that's when that's when it started to turn real for me.
6:27Bijan Maleki:That's when I was like, oh, OK, this is actually big. This is actually the biggest inflow week year to date that we've had. And so and then if I kind of zoom out a little bit more and look at in the past year, suddenly this is the biggest inflow we've had in in a year or more. And bigger than like when the market peaked, you know, kind of back here or where? No. Where was it? October? January. These are October, I think. Yeah. So the market peak when the market peaked in October of last year, this is even bigger than that. So suddenly we're looking at the biggest weekly inflows in over a year, the biggest weekly inflows since before the market peaked last year.
7:06Bijan Maleki:And suddenly that's like, oh, OK, that's actually meaningful. That's that's like that's a very strong step in the right direction. But what does that look like from like a cumulative standpoint? And so then I go to this chart here. And if you remember, this green line is the sort of aggregate cumulative ETF holdings across all institutions. And we remember, if you remember, it actually dipped down. It was in an ugly downtrend. It dipped down even below the aggregate of treasury holdings. And it kind of bottomed out. But since then, it's rebounded up. I mean, it's actually meaningfully, I don't have a way to kind of zoom in better than this, but it's meaningfully poked back up above.
7:47Bijan Maleki:It's now back above the treasury holdings. I would say it's reversed that downtrend. It's reversed that bottoming pattern and it's resuming back to the upside. Now it still has a little ways to go to kind of, you know, set some higher highs and some higher lows, but this is now like a noticeable trend reversal in terms of ETF holding. So that suddenly carries a lot of weight for me. That's like ETFs have meaningfully stepped in. And then if we look at retail buyers, that was the other key contingent of people that I was like, we need to see ETF step in. We need to see retail come back. And for that, I've looked at the Coinbase premium index.
8:23Bijan Maleki:And so to recap what this is, the Coinbase premium is US retail buyers. Like it's if the price of Bitcoin on Coinbase is higher than the global average price. And if it's higher than the global average price, that means that retail, US retail buyers are bidding higher, are willing to pay higher than what the rest of the global average is. And it's been in the negatives for records setting, you know, length of time right now. Now it hasn't gone green yet, but oops, but it's, you can see it's, it's starting to heavily trend back to zero. It's, it's moving well out of the depths of this and right back to, to near zero basically.
9:02Bijan Maleki:So that tells us that at least now we haven't got a meaningfully flip positive. We're not in this green territory yet. We need to see it fully green like this to know that it's going to sustain like a longer term uptrend rally. But this is very much a step in the right direction. This is telling us there is some retail sentiment change. There is some retail buyers stepping in. And if we look at it, like you can see it just kind of in real time, as I've shown, if you go look on a watch list and if you just add a watch list and put like the Coinbase price of Bitcoin right below or right above the Binance price of Bitcoin, they're like neck and neck.
9:38Bijan Maleki:They're almost exactly even. In fact, at any given moment, the Coinbase price is slightly higher than the Binance price. So in real time, right now in this moment, it's at break even basically, if not even incrementally higher in the moment. So that's positive. That's telling us that retail has woken up in the US, They're looking at Bitcoin. They've taken notice. They've sat up and taken notice. And they're starting to buy. So we've got ETF flows coming in. We've got retail coming in. And it's not just Bitcoin. It's kind of, you know, the crypto market breadth has actually ticked up quite a bit across the board.
10:17Bijan Maleki:It's up to 77. Well, let me, well, let's just actually refresh this and see what it is right now in this moment. Hopefully it's higher. 78. 78.5. Over the last 30 days, we've got 157 of the top 200 advancing, basically, in an uptrend. And you can see, looking at this graph here, it's higher than it's been. I mean, going all the way back to, you know, way back to May, basically. It's higher than it's been since then. So it's moving. And we've got lots of stuff moving. It's interesting, though. Like, if we look at the, let's go over here and look at the, where is it? the alt season index. So lots of stuff has flipped in the green, but because Bitcoin itself is also ripping to the actual altcoin season index has gone down a little bit, but there's lots of stuff in the green.
11:06Bijan Maleki:I'll come back to that in a second. The other thing I wanted to show was this bull market support band website. This has been hovering in like the low 20s for months now. And just out of nowhere last week, it ripped up to 52. So this is telling us that out of the top 100, 52 of them are now above their bull market support band. 52 of them are now in weekly uptrends just out of nowhere last week. So big, big trend shift in across all of the markets. And if we look at this, or actually before we get into that, I want to go back to this. This is a bottom signal, a bottoming signal that I've talked about quite a bit lately.
11:49Bijan Maleki:And I want to dig into this for a second and recap what this means. So this is the short term, the Bitcoin short term holder realized price. And so if you're new here, or if you haven't seen this before, I want to talk about what this means because it's important. So what this is, the yellow line or the gold line, whatever, this is actually the Bitcoin price. And then this green shaded area is, it's the average on-chain cost basis of Bitcoin held by short-term holders. And short-term holders are within the last 150 odd days. So it's like people that are actively trading, actively buying and selling Bitcoin in the last 150 days, this is the average cost basis of them.
12:31Bijan Maleki:And so think of it like what price did the active marginal BTC investor roughly pay for their coins? And so when Bitcoin is above this average realized price, that means the average recent buyer is sitting in profit. They're sitting in unrealized gains. So that's always a good thing. When it's below realized price, it means the average recent buyer is underwater. And so why this works well is because long-term holders generally aren't the marginal buyers and sellers driving shorter-term market direction. It's really the short-term holders. And people who bought recently are no longer when... Sorry, let me back up.
13:08Bijan Maleki:When selling pressure trends to decline, people who bought recently are no longer trapped underwater. That removes a large source of sell the rally to get my money back behavior. The cost basis then becomes support. Like during healthy bull markets, you'll often see Bitcoin pull back towards the short term holder realized price, and then buyers will step in. Recent holders defend the profitable positions rather than capitually. And so a rising Bitcoin price brings recent buyers into profit, sentiment improves, new capital comes in, the realized price itself begins rising as coins change hands at progressively higher prices.
13:42Bijan Maleki:And so what we're seeing is like normally in a down market, price will come back up to the realized holder price, people will sell, and then it'll drive back down. But if we zoom in closely here, we can see that the line itself has started to flip back up. This is a big signal. And not only that, but the Bitcoin price, drastically rose up through it and is now flipping it and the line itself has changed. So if we kind of go back through and compare this to previous cycles, this is what I mean by this is a big thing because I wish this box would disappear. But in a bear market, it acts as resistance the whole way down.
14:21Bijan Maleki:And then what happens is usually we get a big breakout like we did here in 2019, like we did here in 2022. It's no longer acting as resistance. And then the line itself flips back up. So we had this as resistance. We had it back here. We had it back here and it rolled over. Now we've had this big breakout. Finally, this big breakout that we've been waiting for where it's well above the line and the line itself has shifted back up. Usually when that happens, that line flips to support and it stays that way for like some months. And so this is supportive of a new regime, a new structural regime, regime where this becomes support and no longer acts as resistance.
15:03Bijan Maleki:This is big. Now, the number is low still. The number is way down at like 66, 65 ,000. So, I mean, who cares if like 65 ,000 is support? We need it. We need this to inch up more. But like this is still a meaningful change. This is a meaningful change because the line itself has reversed to the upside. So now people that are holding Bitcoin that are in profit, they're going to want to keep those profits and they're going to keep driving that price higher. So I think this is a big deal. This is a noticeable big deal. Another noticeable big deal that I've talked about is the monthly megatrend. Remember how I said kind of way back here, back in April, May, June, how like we're not going to do anything.
15:44Bijan Maleki:Nothing means anything until we start to butt up against the bottom side of this monthly megatrend line. And that's probably not going to happen until September or October. Well, here we are at the end of August and we're butting up against the bottom of the monthly megatrend line. Now, it's still it's going to take a solid month or two close above it to actually flip that line green. But we're coming right into the timing band for this bear market to end in terms of a cycle low. And the trajectories are starting to look very favorable. Suddenly we're right at the line. And if you look kind of at the previous bear market lows, that's exactly what happened.
16:18Bijan Maleki:We started to eke out of the bear market. We got a big thrust up into the line and then, you know, it started to flip. And here, same thing. We got a big thrust up into the line. Now, it was a little bit different in each of these cycles because like this first one, it broke up through it. But then the very next month, it was just basically flat. It was called a doji candle where it didn't really it didn't hardly do anything. It wicked up a little bit, it wicked down a little bit, closed flat on the month. So when that happens, you're not going to need you're not going to get a monthly megatrend flip.
16:46Bijan Maleki:You need to actually have subsequent momentum in these candles. So we didn't actually get the flip until like the second monthly close when it ripped up here. Whereas this one over here, it ripped right away. And so it flipped right away, basically. And I'm kind of hoping we get something similar to that this time where we get the run up to it. We got the run up to it here. And if we can get another month in September like we had in this month of August, we're going to flip that green. And if you look and see, the monthly doesn't flip often at all. Once it flips green, it stays green for like years, you know?
17:21Bijan Maleki:So if we can get this monthly flip green next month or even the month after, I'll take it. It's fine. Then we're looking at essentially a new bull market, you know, a bull market structure, a long-term cyclical bull market structure. We're not there yet, but we're right on the cusp of it. And then also if we look at this Bressert indicator, which I use this a lot looking on, oops, I use this, you've probably seen this on shorter timeframes when I look at like Bitcoin 60 day cycles like this chart up here. But on this one, it's nice to look at from a monthly standpoint, it works really well on all these timeframes.
17:54Bijan Maleki:And we can see it's right on the cusp of flipping too. Like, let me zoom in on it. normally we get on these sort of big yearly cyclical changes. We'll start to get a pivot upwards on the blue line as it looks like it's about to cross up over the red line. And that's generally the bear market bottom. We got it here. We got it here. And you can see we're getting, we're getting that pivot up. We're getting that sharp pivot up on this monthly timeframe, just like we got in these previous two. And so if we look here, you know, it, it's not a bottom signal. Don't look at this as a bottom signal. It's more like confirmation.
18:29Bijan Maleki:It's more like a confluence signal that momentum is in the process of reversing strongly to the upside to support a bull market structure. And so we got it here kind of coming into the tail end. It happened actually after the lows, finally. It didn't actually reverse until April of that year, whereas the low was actually in December. Same thing here. The low happened in November of 2022. We didn't actually get the confirmation flip until again, until that first big green candle in January. Kind of same thing here. Like here was the low back in June. And we're starting to get that crossover. We're right on the cusp here.
19:07Bijan Maleki:And like I said, maybe by the end of this month or if we have another good solid month next month, we'll get that crossover. And we're starting to see signs that, you know, I've been talking about signs that we're in a we're in a bottoming pattern. Now I'm starting to see signs that we're starting to reverse up out of that bottoming pattern and into a new longer term cyclical bull structure. And so we're starting, lots of things are lining up. I'm not going to get too deep into the macro this time, but like the macro conditions are lining up. We're talking about, you know, the Fed and the Treasury and, you know, Besant facilitating conditions that are supportive for crypto and gold.
19:46Bijan Maleki:And that's lining up. So we've got macro tailwinds that are supportive of it. We've got ETF inflows that are supportive of it. We're starting to see major momentum shifts that are all indicating that we might be coming out of this bear market bottoming pattern and into a new structural uptrend. We're not there yet, but we're right on the cusp. So as long as this stuff continues and we start to see trends in the right direction or continue to see trends in the right direction, then I think we're there or thereabouts. If we look at Bitcoin real quick, just on a month or on a weekly timeframe, structural timeframe, what I'm really looking for in terms of a price level is a new higher high that's higher than that previous peak we got back in May on that other big countertrend rally.
20:34Bijan Maleki:If we can exceed that high and kind of flip that to support and meaningfully start trending and closing above it, that's when we're there. So that's when I'll be like, OK, that's structurally we are now in a bull trend. We're not there yet. But again, we're right on the cusp or we're butting up against it. We got close to it last week. We've got even closer to it this week. And it's it's still holding as resistance. But once that flips the support, I think it's I think the bull market's on. I think it's off to the races. So that's the big level I'm looking for. Call it 82, call it 83. I just want to see meaningful closes above this level here.
21:13And bam, we're on. So things are good.
21:19Bijan Maleki:Things are looking good right now.
21:20Kris Bullock:I want to give a shout out to my personal quant, all of our quants, really, Jamie Coots, because he noted that ETF buying last month, actually. So go back and read Jamie's note from July 31st. He noted the flow data and that ETF buying was covering new ETH supply for the first time since May. And then obviously he went in deep into that note. He uses trend chameleon indicator to show some signals as well. So definitely check that note out. It has some great insight. Now, Chris, just to kind of touch real quickly on the macro though, because I know you were mentioning that obviously things are aligning, right?
22:02Kris Bullock:What do you make of kind of the idea that the bull market is already started or starting right now because the treasury announced that they're buying back bonds and debasing the dollar? What is that? Are we like off to the races now? And it's just a matter of like, yeah, this is what happens sometimes in bull markets. Obviously there are corrections still in bull markets? What do you make of that?
22:29Bijan Maleki:I think you're right. I could make that argument for sure. I mean, I think just from a technical standpoint, we like to have confirmation, you know, and so that's kind of what I'm looking for. A lot of times when you start a new bull market, like we're looking at here, the bottom was actually back here at the end of June. And then we had the big breakout above the big moving average clusters, the 20 week and the 200 day. But like this technically could be the, you know, the bottom was here and we're now in the new bull market, but we have to confirm it as the thing. So if you, yes, like the answer is yes, probably, but like we'll know once we start meaningfully closing above these new levels.
23:10Bijan Maleki:So, but yes, I agree. I think we've got the things in place. Let me kind of, I can real quickly show, like I look at all the stuff, like the financial conditions has dropped heavily into neutral territory and is staying there. This means that like, you know, real yields are in a good favorable place. Credit spreads are good. The dollar index is good. You know, the Dixie and equity volatility is low. Real rates are trending in the right direction. You know, the Dixie is like back down in here, which I want to see. It's out of this very constrictive tight range here. we're seeing global M2 continue to move up.
Read the full transcript
23:45Bijan Maleki:So bond yields, I want to touch on. So it's funny when, so is this weekly or daily? So here's last Wednesday. Last Wednesday was when Besant came out and made that speech and bond yields dropped right out of the gate when he did that. But then the next day they were right back where they were. And so everybody was like, this is telling us that like the market doesn't really buy what Besant's saying. And so they're going to kind of go right back to where they were. And that's why the debasement sort of thesis kicked in was because it was think of it like we don't buy what the government's trying to do.
24:15Bijan Maleki:We don't think they're going to do a good job at controlling the situation. So we're just going to buy Bitcoin and gold because that's sort of independent of what the government can do. You know, that's why it's sort of, you know, the debasement trade. But then since then, bond yields have rolled back over and they're back down at or below, you know, that same level from when Besant spoke that day. And so because Besant has come back out and said, well, we'll put maybe more money. We'll continue. We'll keep chipping at this until we get it right kind of thing. And so people were like, oh, well, maybe, okay.
24:47Bijan Maleki:Sure. So that still is helpful for the debasement trade, but it means they're going to continue to put more money into the system. Now it's not QE, it's not them printing more money. It's just them moving liquidity into channels that sort of can directly impact gold and Bitcoin and more to the point forces money further out the risk curve, like by making real yields less favorable and people wanting to keep their money out of safe haven accounts like money markets. And in fact, real quick, looking at money markets. So this chart here is money market flows. And we can see that it sort of hit a peak back in April.
25:27Bijan Maleki:And what I mean by that is if you look at this right here, you can see in April is when we had that big rally in Bitcoin and the price of Bitcoin. That was money market flows leaving money markets and going out the risk curve and it directly had a nice impact on the price of Bitcoin that went up since then. But since then, it's been contracting and going back into money markets up until up until this week. That trend has reversed like it was each of the last week since then back back into money market accounts. And then last week, boom, way back out again. So now it's not a huge, a huge change yet, but it's a sign that this is actually measuring money coming back out the risk curve and out of those safe haven money market accounts.
26:08Bijan Maleki:And so it's all showing that money is moving in the right direction, that the Fed is doing things, the government rather, through multiple channels, are doing things that make it more favorable for Bitcoin and gold and things like that. So that's only going to be a tailwind. That's only going to help crypto going forward. So, yes, I agree that the big shift has changed from the government standpoint, and it's already being reflected in Bitcoin. Now, I don't think we're going to get a major, major short squeeze like this that's going to rip these big 20 plus percent candles in Bitcoin every week, but it's enough to sort of help sustain a longer term monthly uptrend, weekly uptrend.
26:48Bijan Maleki:And so that's what we needed to see. And if the sentiment can continue to improve, I think we're there or thereabouts. So yes, the major shift has happened. And all we need is kind of final confirmation that, yeah, it has cemented and it's likely to continue.
27:06Kris Bullock:Lovely. If you guys want a deeper read on that, check out the MIT just dropped yesterday. Goes into all of it. So if you want a deeper read, go to do that. And play around with the dashboards too. We just added a new MIT dashboard as well called the Movers and Shakers. So go have fun, play around with that. Now, Chris, we saw an all-time high in, and if you've been watching this show, you know it's my favorite asset of 2026. We saw an all-time high in hype. I think a lot of that had to do with kind of the statement made by Trump about their working to get hyperliquid into the US. I think obviously that was the kind of the fuel to the rocket of it.
27:56Kris Bullock:But, you know, look at that candle there on the hype chart that Chris just pulled up. We broke$80. What's going on here?
28:05Bijan Maleki:Well, I think for me, the big takeaway is that not only did we set a new all-time high, but we actually closed the week at an all-time. We closed the week higher than any previous high wick ever in Hyperliquid's history. So that was really solid to me. And it's, you know, kicking off in a new uptrend, new DMARC setup counts to the upside on the weekly. And not only that, like, I really like the strength of the retest, which I want to get into because a lot of the we saw off the back of last week, we're going to start to see stuff retest. Stuff broke out huge to the upside. And so naturally, things are going to have to kind of come back down a little bit, consolidate a little bit and bounce off some support levels before they keep going.
28:45Bijan Maleki:So what I look for, and we'll go through a lot of these, is this week I'm looking for the strength out of the retest, out of the peaks. Like which ones are holding steady, which ones are continuing to push higher highs versus which ones are rolling over and coming back down to their moving averages. And we can see that Hyperliquid, I mean, even did it set another all-time high just today? Like I know it's down now, but let me see. High 83 ,730. It did. So just today, it actually set yet another all-time high. It's back off that high in the moment, but it's continuing to set higher highs and higher lows.
29:23Bijan Maleki:Even after that short squeeze is over and all the kind of dust has started to settle, we're still seeing Hyperliquid setting new all-time highs kind of multiple days in a row here. So yeah, I mean, Hyperliquid looks very, very strong. Not only that, I like that it set a DMARC9, it completed a DMARC9 setup count all the way back here on on that day that Wednesday that everything ripped it completed the d mark nine there and basically has continued to just like fade it like it never even happened it's just continuing to grind higher and I like that the setup I mean the the sequential and the combo counts are still really really low so this is telling me there's lots of room to run here still let me look at um and I like to so it was way outside the Bollinger Bands but it's come in a little bit.
30:09Bijan Maleki:So I like that it's just kind of grinding sideways a little bit. It's not rolling over. It's not retracing the move. It's just consolidating the move. And this is ideal price action you want to see out of a big rip like this is just grind sideways for a few days, wait for that moving average to kind of catch up to it, and then just kind of keep ripping. And so this is textbook, like really good price action, basically for me, you know, come in out of the top of the bands, grind sideways, wait for the moving average to hit it and just bounce higher. So HyperLogic looks as strong as anything out there at the moment from a technical standpoint.
30:47Bijan Maleki:Like it's, it's ticking all of the boxes that we want to see. And as a textbook, perfect consolidation instead of a retrace.
30:57Kris Bullock:Love to hear and see that. Let's check on Solana as well. And then we should probably check on each too, because those, I think those three are like some of, obviously amongst the majors, top 10 really moved. So a quick break in your regular programming. If you're serious about your future, grab my free report called Prepare for 2030. I think you've got five years to make as much money as possible. And this guide will help you navigate what's coming. The link is in the description. Download it now.
31:28Bijan Maleki:Yeah, agree. Those are, in fact, all three of those look really good. Let's look at Solana. And let me see if, Now, let me go back to this. Okay. So looking at Solana, Solana also is at a D, lots of them are at D Mark 9s right now or there or thereabouts within a candle or two of a D Mark 9. So we're seeing a lot of exhaustion. We're going to see a bit of a consolidation here. Now, again, what we want to look for, and Solana is also right in that same mix in terms of it's continuing to grind sideways. It's not rolling over. It's just, you know, continuing to set higher highs and higher lows, doing what it needs to do.
32:04Bijan Maleki:Solana looks really, really good. Another thing I'm kind of looking for as a good measuring stick is on the weekly timeframe is, is it higher this week than last week's weekly close? And not a lot of them are. If it can say that, if it can make that claim, then we know that it's doing well and it's in kind of the top echelon of chart structure. And Solana can make that claim. Solana is in fact higher right now today than its weekly close. Well, let me see. Is Hyperliquid? Let me just go back to Hyperliquid real quick. Not quite, but it's close. I mean, it's there or thereabouts, but it's technically in the red.
32:44Bijan Maleki:So Solana actually is looking a little bit better, a little bit better in terms of that metric, at least, in that it's higher today than it was on the weekly close. And then let's look at Ethereum too. Ethereum's, well, it's even. It's exactly where it was at its weekly close. So that's really good, too. Yeah, so Ethereum looks very, very strong. Also, just very, very sideways price action. All three of these are going to be the measuring stick in terms of that structure. I like that, again, that it came up well outside the bands and it just plotted sideways and is just sitting there waiting for the moving average to catch up.
33:22Bijan Maleki:Also noteworthy, it's got a DMARC1 setup here, which means it's continuing an uptrend. It's not rolling over and starting a new account to the downside yet or anything like that. So that also is a really strong sign of strength, I think. And so, again, Ethereum looks good. Solana looks good. Bitcoin looks very good. What is Bitcoin doing? Yeah, I mean, Bitcoin hasn't started a new account. It just completed a count yesterday, but it's kind of in the middle. No man's land there. So all of those look amazing right now. Um, yeah.
33:54Kris Bullock:Lovely.
33:55Bijan Maleki:Oh, sorry, go ahead. Real quick, real quick, before we, we'll look at these, but real quick, I want to just quickly jam through this, go back to this alt season index real quick. And just, I'm going to just shout out a handful of names. These are the ones that are killing it, basically. The ones that are outpacing the entire crypto market that are kind of leading everything. Pump.fun, SPX. I love to see SPX here at number three. That's awesome. um aave is a big one curve is a big one zcash has been making huge waves uniswap hyperliquid is there in the mix um jupiter link aerodrome monero ethereum this one makes me nuts bitcoin bsv that's satoshi's vision why is why is people why are people buying this what's happening here who's doing this don't anyway um but yeah morfo pengu pengu's there uh venice pepe so you get the idea.
34:52Bijan Maleki:So these are some names that really wildly outperformed over the last, well, the last 90 days, but out of the last week, those are the ones that kind of made the biggest jump. So anyway, getting back to the charts. Sorry, let's go. What do we got?
35:05Kris Bullock:Aiden, which also notably was not mentioned from that all coin list that you just showed with the assets that are wildly outperforming, But he wants to take a look at SWE near. Are you confident with them? Or are there better assets in your opinion? So SWE just made news. They just bought 500 ,000 SWE. They did a buyback of 500 ,000 SWE that they got from stablecoin yields, which is very interesting. Let's see if that's reflected in the chart. It literally just came across this morning. Well, unfortunately not.
35:43Bijan Maleki:so yeah as much as i would like to say the opposite um this is this is frankly an example of what we don't want to see it's it's not holding that high it's not higher than it was at the weekly close um and it's not grinding sideways or consolidating in fact it is fully retraced not fully but it's way back down below even its 10-day moving average and it actually wicked down even to its 20-day moving average. So this is not, I mean, objectively, this is the opposite of what we look for. And I can't say this is good. I mean, as much as, again, as much as I wish I could, this is objectively the opposite of what we want to see.
36:21Bijan Maleki:So SWE does not look, SWE is not tracking with the rest of the market in this context. And also, I don't like the fact that here's its big 200-day moving average cloud. All of those other big ones blew up through these big moving averages and closed above them and are still holding some in some cases well above them whereas sweet is still down below them got rejected on the underside of them and has forcibly come back down to its daily moving average so on many levels sweet has very very poor relative strength compared to its its you know cohorts its solana's its its ethereum's and such. So fundamentally, it's maybe doing good.
37:07Bijan Maleki:From a technical standpoint, it's just not. It's not. Near, unfortunately, I think is in a very similar boat. At the very least, it's above the big moving average cloud, but it too is much more rolling over than grinding sideways. Not as bad as SWE, but it just doesn't look really good. Let me look at Near on this framework here. I was looking at it earlier. It's also just very meh. It's kind of just neutral. Like it's got a red mega trend on the weekly. It kind of tried to poke up and break out of this trend. Like it had a green dot here. It broke above its track line, but it's right back to it.
37:47Bijan Maleki:It kind of just fizzled out a little bit. And so, yeah, it's just, it's not showing nearly the strength that a lot of the other ones had. It's just, again, very, very neutral. I also don't like, let me kind of clean this up a little bit. Another thing I want to point out with here that I'm noticing, I had drawn this trend line because near looked good. Like in February, it bottomed out and kind of reversed and was looking better than most. It had gone on this big trend line. It had flipped above the big moving average clouds well before a lot of other assets did off the back of some good fundamental news, but it's kind of just a double peak tier and it's been bleeding out since then.
38:28Bijan Maleki:And if you can see, it actually lost that trend line. Like if I turn these off, it lost that trend line and has flipped it to resistance now and came back up and got rejected off of it. So not a great look from just a general technical standpoint. It's more fighting against resistance than it is support. And it's got some work to do. So I wish both of these looked better than they do. Both of them are good fundamental projects. I think Nier is definitely a good tie-in with the AI side of things, the agentic AI side of things, but it's not catching the same bid as some of these other assets are, just purely objectively.
39:10So that's what we got.
39:11Kris Bullock:And in the case of SWE and Nier, right, and also just kind of referencing that altcoin chart that you showed us, seeing so many altcoins outperform, Would you say this is a bad omen for the future prospects of Sui and Near? The fact that they did not outperform that. Their charts are actually even kind of down compared to all the other major alts in the space. What do you think about that? I mean, sure.
39:40Bijan Maleki:It could be construed as such, I could say. Who knows? I mean, with crypto, anything can happen. and literally one headline can rocket something a 2x overnight, you know. So I don't want to say that it's doomed, either one of them in that case. But sure, the fact that at least right now in the moment, if you're looking for stuff to pick to kind of ride a wave, you definitely want to be buying the stuff that the market is behind because that's what's generally going to carry the most. And so sticking with the stuff that is fading behind, yeah, is generally not a winning strategy. So yes, I think that's better.
40:20Kris Bullock:With that in mind, let me just take RSCH's question before we get to some of the other questions. Actually, RSCH, you had a few that we're going to get to in a second, but this is particularly relevant. So should idiots like me, don't worry, I'm in the idiot camp with you, so don't even worry about it, that are down 80 % on SWE and still holding some switch now to Solana hype or ETH? or should we like wait and sell on a green day in the future? Basically, what is your kind of strategy or like idea behind that? If you're down on an asset and now we're seeing assets recovering, right? Do you keep holding that asset that's going down or do you try and rotate it into an asset that actually is recovering that you can then make back some of those gains?
41:08Bijan Maleki:I mean, I hear you. I've definitely walked in those shoes myself. I've written plenty of things down over the years. And there's, it's like, in some ways, there's never a right answer, because half the time I'm like, forget this thing, I'm going to sell it, I'm out and I'll sell it. And then the next day it two X's, you know, and then I kick myself. And so but as a rule of thumb, I've typically done better by moving it by by holding the stuff that's moving because that's crypto is still all hype and buzz. And generally, the stuff that has the buzz is the stuff that moves and so you know i mean kind of do with that what you will i i typically have done better getting out of the stuff that's that's going down and buying the stuff that's moving um and it's like the sooner you can do that the better uh i don't know it's like keep some sweet if you want to if you have some attachment to it i think it's going to go up uh move some into some of these other ones that are moving and try and make up some of those gains Now, don't try to make it all back at once.
42:09Bijan Maleki:Don't think you have to do an equally as risky play to the upside to try and make up for those losses. I think that's the important thing to do is just be responsible. Put that money into stuff that's going to move to the upside. You may or may not recoup those losses. That shouldn't be the deciding factor. The deciding factor is just to like not ride something down continually and continue to lose money. So put that money into something that's moving well. Hopefully it does better. Hopefully you recoup some. if not all of that money. And just kind of learn from that mistake and move on. I mean, the lesson here is you probably should have sold it way back when it lost the big trend, way back whenever that was, you know?
42:49Bijan Maleki:And that's the lesson you take from this going forward is next time I'm not going to do that. I'm going to sell when the big trend tells me to sell as opposed to buying onto a narrative and writing it down much, much longer than I should have.
43:01Kris Bullock:Yeah. Yeah. Great. Great point. um rsch you should also ask yourself too like because if you got into sui based on a thesis that you you held and if you still have conviction in that thesis i would say yeah definitely still hold some of it but there's no shame in shedding shedding um a few sui if you will and putting it into something like a hype or solana or eat like you had mentioned there um that way you're at least not totally like exposed to it and you have some other stuff but um great question uh and let's get to some of your other questions rch so he wants us to take a look at uh we'll skip spx because you know no chart there uh pengu you had mentioned pengu on that altcoin list so yeah why don't we
43:48Bijan Maleki:why don't we take a look at it uh yeah just real quick regarding spx just know that based on that altcoin list I showed. SPX was number three on that list. Oh, shit. Do without what you will. That's pretty good, yeah. Yeah, here we go. Here's SPX right here, number three. So that's all you need to know about SPX. Looking at Pengu. Pengu actually looks really good, too. Yeah, I mean, now, granted, it's rolled over a little bit, but it also ripped quite a bit, too. And it's also on that big list, that big altcoin list. So let's kind of zoom out to the weekly real quick and see what it did. Oops.
44:28Dang it.
44:31Bijan Maleki:So yeah, big, big week last week. I mean, massive, 67 % last week. So huge, huge candle last week. Also, I like the fact that it was, it never really like rolled over. Like it bottomed, it held this bottoming pattern really since all the way back in February. I mean, yes, it was very much flirting with it, with the line, even closing below it occasionally on some of these weeks, but never really materially lost it. You know, never lost the trend, just bottomed and held it. So that was cool. That told me that the holders were there. The holders were holding strong. They weren't capitulating at the lows.
45:10Bijan Maleki:There's conviction in this project. That's what I see from this right, this big, really solid holder base right here. That's what that tells me. Now, big green candle, 67%, big reversal of the big moving averages, which I like. And now it broke out. So of course, something that goes up 67 % in a week, I'm not surprised to see it come back down to earth a little bit. I'm okay with that. I'm okay with it, not just consolidating sideways, because that was just a massive move. And so it's going to make sense that it gives a little bit of that back, but it's still well above its 10 day moving average.
45:44Bijan Maleki:And it's holding steady. I mean, it's still, you know, generally holding the structure. It's at a DMARC eight. Now it might come back down a little bit i would even be okay if it came back down to its 10-day moving average which is uh a little bit further down from here not a ton but um pengu looks pengu looks awesome the fact that it ripped 67 percent in a week like yeah sign me up um what were some of these other ones uh wrecked yeah yeah yeah let's go wrecked real quickly though wrecked recently just launched
46:11Kris Bullock:an NFT project on Robinhood chain called Rekt Trader. Sold out really fast, which is not something we can say for NFTs in a very long time. So good to see that. Shout out to the Rekt guys. And they're a great guy. So definitely support them if you can. But yeah, let's check out Rekt.
46:31Bijan Maleki:Yeah, so Rekt also, now it wasn't quite the same really good bottoming pattern that we just saw with Pengu. I mean, it did lose it, but it's back up into the range. It also had a really big week last week, 35%, which is respectable. Also, it's back up into, let's see, where are we at as far as the big moving average? So it got rejected a little bit on the bottom side of the cloud, which is, I mean, objectively less, weaker in terms of relative strength. It's kind of a similar pattern to SWE, I would say. But I like the fact that it still bounced as much as it did over the past week. So I'll take that.
47:09Bijan Maleki:um it you know it's it's back in the range it's back in this structure i'm looking at this sort of 12 cents range around here as kind of the big the level i'd like to see it hold and kind of establish as support and bounce from because it was this was the same level back here it lost that it tried to reclaim it here lost it again we're back up here again i'd like to see it hold this level if it can hold this level and start to form a solid base here and and rip then then i'm happy with that. I do like, of course, the volume has picked up measurably, though. The volume moving average has picked up measurably.
47:44Bijan Maleki:And we've had above average trading volume for the last several days in a row. So RECT is in the conversation. It's moving. It's good. Keep in mind, this is still a micro cap. So it's going to be a lot more volatile than a lot of other things. But it's doing well. And we know from a fundamental standpoint, it's a good project that's got a real world basis with the drinks. We know the drinks are doing well. The NFT project is doing well. I like what Rekt is doing. So I still have a little tiny bit of Rekt somewhere, somewhere in my stack. I've got a little, little bag of Rekt and I'm going to keep holding it because I think it's, I think it's fun.
48:22Bijan Maleki:I think it's cool what they're doing and I'm rooting for those guys. And so, yeah.
48:27Kris Bullock:I will add though, that the OG Rekt guy collection, NFT collection needs to be doing better than what it currently is. And I say that somewhat selfishly, just as a disclaimer. Anyway, moving on, Pawns. Let's look at, I haven't looked at Pawns in a while. So I guess I've been missing out
48:54Bijan Maleki:because yeah. Oh my God, where have we been? I don't know if this is the entire chart. um let me see if is there just like a crypto
49:06yeah i don't know there's not much to go on here um i'm this is likely likely the whole chart but
49:13Bijan Maleki:yeah i mean ponds looks good obviously this is objectively a a very good looking chart um there's not a lot of price history to go on here though at least on this chart i don't know if there's more so it's hard to gauge like overall general market sentiment but at the very least you can construe from this that um it is it is tracking with the rest of the market it's it's moving in a favorable direction it's you know setting higher highs and higher lows on the daily so i mean ride this wave if you're in it keep keep holding it and um you know it looks good
49:44Kris Bullock:so yeah and there was the other one doge pons is a launch pad for um robin hood so i would imagine as Robinhood keeps moving. Oh, right. He's seen in the news because obviously they just launched Robinhood chain. They announced a Gentic trading. Vlad is like all over the timeline. As long as Robinhood is doing well, I feel like Ponds is going to do well also. Yeah. Agreed.
50:14Bijan Maleki:So here's Doge finally on that list. Doge is similar to SWE, similar to some of these other ones in that it's kind of come up, bounced off the bottom side of the moving average and has rolled back over and has backed down around the 10 days. So not a great look for Doge. Um, to me, Doge is not really a good rec, uh, representative of like the meme coin space. I feel like, cause meme coins in general, I think it's done really well. And Doge is lagging behind a lot of those. In fact, let me just see real quick. I'm curious. Meme dot C.
50:51Bijan Maleki:um here's doge against let me look at this in the week here's doge against the larger meme coin sector uh going back to whatever may of this year um so it's not outpacing anything it's kind of even with the meme coin sector you can see so it's it's not really whereas i can show you this so here's spx relative to the rest of the meme coin sector um i mean this is what you want to see. So yeah, Doge, I think, isn't a good sort of mimetic capture of what's going on in that sector right now.
51:27Kris Bullock:Anyway. And just a note, Doge market cap right now sitting at 13.2 billion. Hyperliquid's market cap, 17.9 billion. They're both ranked 10, Hyperliquid 10 on market cap and 11 on market cap for doge so i mean that close of an asset when they're that close together on the market cap i feel like there's an obvious choice uh to make on that front um
51:57Bijan Maleki:okay i'd love to see go into spx that would be phenomenal that's where it should go
52:06Kris Bullock:selfishly so we say keep in mind but yeah um Chris, I want to end on this last question here from Saz. He wants to know, like, what are you thinking? What do you think are like the best bang for your bucks this week? I have a feeling you're going to reference that altcoin chart that we looked at for some great bangs for your bucks. But what do you have to say to Saz here?
52:30Bijan Maleki:So, yeah, good call. What I'll do, I'll do a couple of things. Yes, go look at the altcoin season index on CoinMarketCap. Now, keep in mind, don't just look at these numbers and go, okay, these are the ones I need to buy. Like you need to actually look at these charts specifically and make sure it's not just some fluky like pump, which is kind of hard because of course the whole entire last week, everything was a fluky pump based off of that massive short squeeze. So you need to factor that in. But at the very least, use this as a starting point. If you're going to do research on which ones you should buy, use these as a starting point to then start digging into the charts and figure out which ones.
53:15Bijan Maleki:Obviously, you probably want to buy the ones that are ahead of Bitcoin, too. There's some below it that are still in the green. But buy the ones that are actually well outpacing Bitcoin, too. I mean, that's the whole idea behind this. So start with that. Go look at the charts for any of them. and go back to first what I talked about, about how, where is it this week compared to last week? Is it at or above where it closed last week? That's a really strong signal too. If it's there or thereabouts within, you know, whatever, a few percent, that's also a really strong signal that the market is sticking with this asset, that the momentum is continuing, that the people aren't taking profits and just, you know, abandoning the rip.
53:56Bijan Maleki:Like if short-term, this is telling you that like spot buyers are coming in and buying these levels as opposed to short-term traders buying the rip and turning around and taking profits and moving on to something else like anything that is there or thereabouts where it was last week where it closed tells me that this is still something that people believe is going to continue as opposed to something that people were just taking advantage of so that's kind of what i'm going to look for too. And there's a few, I mean, obviously Bitcoin, ETH, Solana, I think Hyperliquid is again there. Pump.fun is another one.
54:32Bijan Maleki:Now it's obviously correcting a bit more, but that's because it had an insane week last week. 96%. Are you kidding me? Like this one maybe needs to come back down to earth a little bit. I don't know that I would go after that one quite yet. But like, I don't know some of these other ones maybe venice venice is at venice is actually above where it closed last week so that's really good um and you can you can look at some of the smaller ones too i mean like look at you know look at maybe pengu um or hold on let me look at what were some of these other ones what about curve no curves down i don't know um no i don't know like yeah i don't know, start with that, start with that notion and just look at sort of what is still showing a lot of relative strength compared to where it closed last week and stuff that's like, look at it on the daily timeframe and look for things that are, that are not doing this, that are still well above their 10 day moving average that haven't kind of come back down and touched it.
55:32Bijan Maleki:Like this is a, this is something that people don't care about and that they came up and they took profits and they're cutting bait and moving on to the next thing. Whereas again, if you look at Ethereum, nobody's cutting bait on Ethereum and taking profits. They're like consolidating and they're buying more, you know. And so this is the key structure you want to see is sideways consolidation out of last week and not a rollover. And so use that list that I showed the altcoin index to find the ones from there and then look for this kind of chart pattern. And that's going to tell you where the market thinks the leaders are in this current moment.
56:08Kris Bullock:Lovely. All right, everyone. That has been another edition of Trading the Markets. We will be back next Wednesday, same time, same place. Until then, don't fuck this up. And go check out some of the new dashboards on the platform. We have the GMI dashboard, Jamie Cooch's Trend Chameleon, Steno's Nowcasting dashboard. Check them out. Play around with them. Let us know what you think because we're always iterating and trying to make it great for you guys. So see you guys next week. You obviously enjoyed the episode because you're here with me at the end. But listen, don't forget to go to realvision.com forward slash join and grab a free membership.
56:49Kris Bullock:It's an incredible community packed with alpha, great investment ideas, and the research that you need to help you unfuck your future. So get started now. Go to realvision.com forward slash join.
From the publisher
Bijan Maleki and Kris Bullock are back to break down a potentially important shift in the macro setup for crypto. With the U.S. Treasury stepping up long-dated bond buybacks, long-end yields are falling and the dollar is weakening, conditions that could become increasingly supportive for bitcoin, gold, and other risk assets.
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Timestamps:
00:00 - Crypto Market Recap: What Drove the Massive Rally?
02:25 - Bitcoin’s Historic Three-Day Short Squeeze Explained
05:48 - Bitcoin ETF Inflows Surge to a One-Year High
08:08 - U.S. Retail Investors Are Buying Bitcoin Again
10:23 - Altcoins Rally as Crypto Market Breadth Surges
11:30 - Bitcoin Bottom Signal: Is the Bear Market Ending?
15:27 - Bitcoin’s Monthly Trend Nears a Major Bullish Flip
19:14 - Is a New Bitcoin Bull Market Starting?
23:10 - Liquidity, Bond Yields & the Bitcoin Debasement Trade
27:35 - Hyperliquid Hits a New All-Time High
31:28 - Solana & Ethereum Show Major Relative Strength
34:18 - The Altcoins Outperforming Bitcoin Right Now
35:06 - Sui & NEAR Lag the Crypto Market Rally
40:21 - Should You Rotate From Weak Altcoins Into Market Leaders?
44:00 - PENGU, ESP & the Strongest Altcoin Setups
46:08 - REKT, Robinhood Chain & Emerging Crypto Plays
50:12 - Dogecoin vs Hyperliquid: Which Has More Upside?
52:04 - Best Crypto Trades: What to Buy After the Rally?
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