Trading the Markets: June 25, 2025 | Kris Bullock ft Bijan Maleki

0:05Happy Wednesday, everyone, and welcome back to another episode of Trading the markets. I'm Bijan Malecki, and of course, I'm joined by Chris Bullock. Guys, before we get into our trade ideas of the week and, you know, breaking down the cycle and looking at some charts, I want to remind you all that we have just about a week, just under a week left of our trade ideas competition. So if you haven't entered yet, you still have some time. I would say now is the moment that you should be swinging for the fences. So enter some trades. winners will are the winner top prize gets a one-on-one with Rao.

0:44So that's a great prize to have sit with the man himself and pick his brain and talk to him one-on-one. And we're giving away some merch as well as some other prizes for people that, uh, that place on the leaderboard. And, uh, after you check out our episode today, definitely head over to our website. If you are an RV pro member and check out our newest, uh, edition of Macro Meets Micro, where Andreas breaks down his portfolio and how his trades are doing. Another fantastic episode. And then also want to remind you all, we talk about this all day, every day in our Discord. So if you're not in our Discord, go and join us now and you can take part in the conversations live and just, you know, pick the brain of the hive mind and see what fits your portfolio strategy.

1:34And of course, if you have any questions that you want Chris to discuss live on air, any charts you want us to look at, any coins you're interested in playing into, just drop your questions either on the platform or on X and we will take as many as we can. Chris, happy Wednesday. How are you doing? It's a different vibe from our Monday show. We We were discussing that off air. But how are you doing today? Doing much better than Monday, actually. Things are great now. Yeah, before we get into that, though, I wanted to kind of piggyback on what you said about the Discord. I've been in, I don't even know how many dozens of Discords over the years in crypto.

2:18And I got to say, 99 % of them are, I don't want to say garbage. Some are better than others. But like most of them, there's just no depth to them. You know, it's just a bunch of randos kind of posting memes and posting silly stuff. And there's not really any quality engagement. Half the time, there's idiots, you know, saying nasty comments to people. People are just generally not very nice to each other. And when I, you know, stumbled on the Real Vision Discord, it was like night and day better. It was like a whole different world. It's far and away, you know, the best crypto community I've ever been in anywhere by far.

2:52I mean, everybody is super nice, super helpful, very respectful towards each other. There's quality discourse. I mean, it's like you're a family and you feel like it instantly and everybody's super welcoming there. And so I know when it's easy to say, oh, they have a discord. Oh, that's cool. Who cares? You know, but really it is like it's far and away better than anything else. So I encourage you to, you know, join and get in there and start engaging. If you're looking for like a community, if you're navigating this crypto journey on your own or you don't have a lot of friends to talk about this with, you really need a support system.

3:24And unlike a lot of other Discords, you can get that support system in the Real Vision Discord. It really is that. It really is amazing. And you will be so much better for it. And you will make so much better decisions. You just need somebody to have a, you need to have a sounding board, you know, to bounce your ideas off of and to make sure you're kind of doing the right thing and to have that sort of check and balance. And you get that from this Discord. You really do. And so, yeah, I just I really wanted to kind of hammer that point home because it is different. It really is different. Yeah, very well said.

3:54You know, just a prime example that really is a very recent one. We had someone just join our discord from the pro from pro pro member just joined our discord and she was asking about her portfolio. You know, she gave the breakdown of what her portfolio held, was asking for some advice on what they should do and, you know, kind of went into depth in some different scenarios of what they were thinking. and the amount of responses she got was just fantastic. She even responded back that she was like almost brought to tears essentially with how like supportive and how many great responses she got from that.

4:27So like, that's the kind of stuff we're doing, right? We're helping you take control of that financial future. Yeah, you'll get that in the content, but our members are, you know, watching that content as well, getting their own ideas from it, having those discussions. And it's just, honestly, it's just great to see. I posted that Michael Scott meme of like him proud crying when I saw that. So just absolutely love it. Keep it up, everyone. We love to see it. And if you're new, don't be afraid to ask anything, even if you think it's a dumb question. I've been there. Listen, nobody asks dumber questions than me.

4:59So just go ahead and just type them in and you'll be just you'll be surprised at the type of responses you're going to get and how helpful they actually are. So, yeah. Yeah. I mean, join us, guys. We're here for you. So yeah, let's dive into it, though. And let's dive into some of the content that we have for you today. We got some charts to look at. So Chris, why don't you tell us what's on your mind as we hit this midweek? So yeah, a couple things. I wanted to kind of take a fairly zoomed out approach because we've had a lot of volatility over the last couple of weeks with all of the quote news driven events that have been going on.

5:37And it's shaken a number of people out. And so So usually when that happens, I think it's really important to kind of just take a zoomed out approach, look at everything on the weekly time frame and get a sense of just actually how healthy is this market overall and what's really doing well and what isn't. Because if it's doing well on the weekly time frame, then it's doing well. It's doing well overall. I mean, anything can have a few good days or a week or so here and there. But if you're in a solid uptrend on the weekly time frame, then that's all that matters. Then you're winning. And so really, I kind of wanted to start off with Bitcoin, looking at it, because we've had a bit of a significant shift here that I think is worth pointing out.

6:16And that is really, this red line is basically drawn at, well, it's not quite the 100 ,000 level. It's technically almost 1 ,000 or 100 ,000, 101 ,000 rather. But the point is, earlier in the year and coming into last year, you can see we basically had trouble getting over this hump. You know, we would come up to the 100 ,000 level, basically get rejected. We'd have like a false break where it would close one week and then immediately drop back down below it the next week. And then again, it happened. We had another false break here in January where it managed to close above it, but then immediately again, blew right back down below it and just kind of went down from there and was down only.

6:53And so now that we've come out of the April lows, you can see that we've actually, you know, achieved, basically, we've blown through the$100 ,000 level. And now we're on, what is this week? I want to say eight. We've eight weeks now we've held this level. And you can see we've come down and tested it a number of times. We have a wick here, a wick here, you know, a wick, a close right at it, and then a little bit wick below it again. And for eight weeks in a row now, we've held this level. We've officially flipped the$100 ,000 level from resistance back here to now support here. You know, we successfully retested it a number of times and have bounced off of it.

7:32Now, granted, we haven't gone on to set new all-time highs. Well, we did kind of briefly, you know, at the end of May or in the middle of May, but nothing really substantial. We've not like broken out yet, but you could argue that, you know, 100 ,000 or 101 ,000 is now kind of the floor that we're looking at. It's now sort of cemented itself as the floor, which I think is a really strong sign. And then if you kind of zoom out a little bit more, you can see here, I've drawn this long-term trend line going all the way back to like basically November of 2022 or really the start of this current four-year-long Bitcoin cycle that we're in.

8:06And, you know, we're holding this trend line very well. I mean, yeah, we deviated a little bit here. We came down, we touched it here. We came down, we touched it again in April. But, you know, we've since bounced off of it again. And we're continuing this just nice, steady, gradual grind upwards with Bitcoin. And nothing is broken here. You know, I've seen a lot of people say, oh, well, we're doing this double top thing, kind of like we did back here in 2021. I don't see that at all, frankly. I don't think that that's a likely... Sure, it's a scenario, but to me, it's by far not the most likely scenario.

8:40And I think, yeah, I mean, I think that everything looks great. Another thing we have here is this thing called the bull market support band, which is these two levels here. You've probably heard me talk about it before. It's these two moving averages with this cloud in between. And what these are are basically two weekly moving averages. So the red line on the bottom, in this case here, is the 20-week simple moving average. And then the green line on the top is the 21-week exponential moving average. And this indicator stays fixed on the weekly timeframe all the time, no matter what actual timeframe your chart is on.

9:13So if you change this daily or hourly or whatever, these two lines will still show up as weekly intervals on whatever chart. And one of the things I use to gauge the overall health of any chart is if one, if price is above this bull market support band. And then two, if the band itself, if both of the moving averages that make up the band are pointed in an upward direction. If you have that scenario where you check those three boxes, then you're jamming, you're rocking. And there's actually not very many assets right now that can make this claim where their price is above it and both moving averages are pointed up and to the right.

9:49And so I wanted to get into this because we had a member in our Real Vision community in the Discord. I was talking about this over the weekend in the Discord, and one of the community members took it upon themselves to create this really amazing website called Bullmark. It's just bullmarketsupportband.com. You can go to it right now. It's live. Anybody can use it. It's free. You don't have to sign up or anything. You just pull it up and it's there. And what this is, is basically the top 100 cryptos by market cap and any of the assets that that meet those three boxes, you know, that prices above it and both moving averages are pointed up and to the right, it shows a green next to it.

10:29And if it doesn't, it's got a red. And so you can see out of the top 100, only 20 right now are actually in a weekly uptrend, basically. And so the cool thing about this website too, is it auto refreshes. You don't have to, you don't have to do anything to update it. You can actually search for something. Like if you don't want to sit here and stare at this list for, you know, a few minutes to try and find yours, you just start typing and it'll quickly filter it out and it'll pull it right up like that. The other cool thing is if you mouse over any of these, it actually pulls up the actual trading view chart and it shows you the two bands.

11:07They're not colored and shaded like on the actual trading view chart, but you can see the two moving averages there. You can see that they're pointing up in this case. It also gives you a quick little summary. The 20 weeks rising, the 21 is rising, you know, prices above the band, everything's healthy in this case. And so I love this because this is like, it's just such an easy, quick snapshot to gauge how well the market's doing for one. And then two, to gauge, you know, if the assets that if you're holding the right assets, for one, like you want to be holding stuff that is in the green, obviously.

11:40And if you're holding stuff that's in the red, you need to seriously assess why, you know, you're continuing to hold it. And yeah, again, it just makes it super easy to know, hey, I'm in the right stuff. This is the stuff that's doing well and or not, you know, and I love this. It really can be this simple, like participating in crypto can be this simple. You want to hold the stuff that's in the green and you don't want to hold the stuff that's in the red and kind of simple as that, because anything that's in a weekly uptrend is showing kind of outsized strength over a longer period of time. And it's, you know, that's, that's what you want to, those are the horses you want to bet on is, is that.

12:17And so, um, yeah, this is amazing resource and this is the kind of stuff we get from the, the real vision community. You know, I brought this up on Friday. I was like, man, I, I kind of made like a, like a manual Excel table of the same thing and posted it in the discord. and I actually had made that Excel sheet manually. I literally went and physically observed every single chart. Is it, you know, are both moving averages pointing up? Okay, yeah, cool, it's green. And I posted that in the Discord and somebody just took this and ran with it and was like, here you go, by Sunday night, here's an active live working website of everything that updates dynamically, you know?

12:51And I was like, this is the coolest community ever. And so, yeah, I just wanted to shout this out and a great resource and I'm going to continue to use it. This will be something that, this will be a tab that I'm just going to have up pretty much forever, you know, at this point. And it'll be a quick, easy way to know if the stuff that I'm holding is doing well or not. And yeah, it's great. So, so yeah. Yeah, shout out to our community member. I mean, it's, we have the Atreides indicator from math that kind of shows you when Bitcoin is flipping. You know, we have people like Altcoin Screener that were posting things of how Altcoins were doing compared to Bitcoin and when good entries were.

13:31We have people like Lance that's using AI to kind of break down content and give you like indicators and trade ideas. Like there's a lot of different things going on. So yeah, we got to give a shout out to everyone doing all that great stuff. Yeah. Yeah. It's awesome. It's awesome. So Chris, you know what? We actually got an early question that I think I want to take because it kind of leads me into another coin that's been just on an absolute tear. This one comes from Alex Crypto. He wants us to take a look at the Coinbase chart and see how it's doing. And the one that I have on my mind with that was Arrow as well.

14:13That one really popped up on the last couple weeks of our live TA session. Have you ever wanted to trade Bitcoin but haven't dared try? With Plus500 Futures, you can trade crypto without the hassle of opening a wallet. With just a few clicks, you can register and start practicing with their free and unlimited demo. See a trading opportunity? You'll be able to trade it in just two clicks. Feel ready? You can move to real money with as little as$100 once your account is approved. And the great thing is that in addition to crypto, Plus500 gives you access to a wide range of instruments. S &P 500, NASDAQ, gas, and much more.

14:50Explore equity indices, energy, metals, Forex, and beyond. With a simple and intuitive platform, you could trade anytime, anywhere. Experience the fast, accessible futures trading you've been waiting for with Plus500. With over 20 years of experience, Plus500 is your gateway to the markets. Visit us.plus500.com to learn more. Trading in futures involves the risk of loss and is not suitable for everyone. Not all applicants will qualify. Plus500, it's trading with a plus.

15:20and just been on a tear. Yeah, yeah. So Coinbase looks really good. And you have to remember, Coinbase is going to benefit from Circle doing well because they're very linked. The two of them are very linked to one another. There's profit sharing going on between. So as Circle does, so too does Coinbase. And so we know Circle has been really, really hot out of the gate since it launched. And you can see Coinbase has benefited from that. They've been on a big uptrend, particularly over the last two weeks. This is a weekly chart here. And so, yeah, worth pointing out, you know, it wasn't a big uptrend for a long time after, you know, since the start of January 23.

16:02It did kind of break that trend when everything sort of tanked, you know, at the beginning of the year, it sort of followed crypto like it does. But unlike a number of cryptos, it's actually right back up into the upper, you know, it's right now coming up back to the upper trend. it's pushing all-time highs basically it's right near its initial IPO launch not not quite there but it's you know it's well on its way and very very close to basically entering into what we call price discovery where you know it's going to break on to new all-time highs and and just sort of you know uh we'll be in price discovery so yeah i think coin looks really good and i think you know uh as long as as long as uh circle continues to do well which i think it will because crypto is doing well.

16:46So if Bitcoin is doing well, if Circle is doing well, you can assume Coinbase is going to do well. And we're seeing that. And so, yeah, absolutely. I think that this is a good chart. And like I said, yes, it's a little bit overheated right now. It's had two big weeks to the upside. It's a little bit overbought, but I think it's going to trade a bit like a crypto asset in that sometimes things can be pretty overbought for sometimes weeks on end, you know, and that could very well be the case here with this, especially if it breaks out into new all time highs. So definitely on my radar, definitely one to watch.

17:22And I think a really strong looking chart that I think will continue to do well. Yeah, thank you for the question, Alex. Actually, you know what, while we're still on this, I have a question because, you know, you kind of touched on this and, you know, we hear this a lot that, you know, it's basically just a good asset to have a Coinbase is a good one to hold if you want to kind of make a bet on the overall success of crypto. What do you think about holding Coinbase over something like Solana or, you know, a SWE or Bitcoin? What are your thoughts? It's a beta play kind of just like anything else.

17:57I would argue that it'll probably be even a little bit less volatile than Solana or SWE. To me, it's almost more like a beta play on Bitcoin directly. and I think it's a good avenue for people who maybe don't have direct access to Bitcoin. Maybe they want access or sort of exposure to the crypto ecosystem, but they want to get it through like their 401k or their retirement plan at work or some kind of pension type deal and they can't go and buy Bitcoin directly through that. You know, CoinStock is a great way to achieve that. You know, you can buy CoinStock, you can buy, well, you can buy Bitcoin ETFs also.

18:35Also, you can buy MicroStrategy. um but yeah coin coin is great circle is great too you know um having excuse me having exposure to the stable coin sort of space i think is a really going to be a really valuable stock too going forward because it's just so profitable you know staple coins make so much money and uh or stable coin companies rather make so much money because they they are legally right now at least in the U.S., they are legally obliged to keep all of the interest, all of the yield that they make, because how stablecoins work is people buy the stablecoins, stablecoin issuers take that money and they go and just buy treasuries with it, you know, T-bills and bonds and stuff like that.

19:17And so they're earning yield on all of these billions of dollars that make up the stablecoin market cap, you know, to the tune of hundreds of millions of dollars in profit and that they're forced to keep basically because they can't legally sort of give any of that back to the holders yet. You know, that's still going through the regulatory, you know, situation right now. So yeah, they make a ton of money. It's like guaranteed profit basically. And we know it's only going to get bigger. We know the market is only going to get bigger. And so their profits only going to grow. So in terms of like it being a great stock, yeah, all day long, you know, that's all you want is just like super, super profitable, easy, easy money.

19:56You know, it doesn't It doesn't take a huge staff to generate this profit. You know, it's relatively low overhead. So yeah, I mean, Circle's great. And again, Coinbase is going to directly benefit because Coinbase shares in that profit with Circle. Those two companies are sort of intrinsically linked to each other. And so as one does, so does the other, like I said. So both of these are really, really good bets. Yeah, very, very nice touch there. And, you know, Coinbase is working on trading and with doing trades with tokenized stocks, right? So, I mean, as the company itself, they are also expanding their offerings, which is just bullish for the whole space in general.

20:36But speaking of Circle and Coinbase, they're not the only ones that are doing very well right now. I know you wanted to touch on something coming from out of Maple Finance. So why don't we take a look at that? So, yeah, first off, I wanted to, where is it on here? I noticed it has been doing well.

21:01Let's see.

21:06Oh, now it's frozen. Okay, anyway, whatever.

21:13Everything's frozen. Are you there? Are you back? Okay, my computer froze for a sec. Sorry, bear with me. All right, so let's just look at Circle. so, or syrup rather, excuse me. Okay, yeah, it's been crushing it. And I'm gonna go out to the daily because it's a relatively new chart since they've rebranded. But yeah, it's been outpacing everything. It's one of the handful of things that's on the green today. And you can see here's the bull market support band like I talked about earlier. And it was showing up green on that website that I just had up. But here's both the moving averages pointed up and to the right.

21:51Again, you can't say that about very many. Well, you know, 20, as I mentioned, but this one's continuing to rip. And at first I was like, what's going on here? Is this just sort of speculative hype that is causing this to go up as high as it is? And yes, it is to some degree, but it's also got a lot of fundamental, you know, good developments going on. Their TVL has blown up basically over the last few months. It's gone or six months. It's gone from like 300 million to like 1.6 billion. You know, its network activity has blown up. They also released a yield-bearing stablecoin, which is super cool.

22:31And not many people have been able to do that. So that's really cool. They're, you know, working with a lot of TradFi companies. They've secured a Bitcoin-backed institutional loan. They've just got some cool stuff going on. They're unique. And so that's why fundamentally people are gravitating towards it. and yes, I think it's maybe a little bit overcooked in the moment, but I do think it still has quite a bit of room to go. Its market cap is relatively low too. I think it's only like, I want to say around 600 million, which is nice because that gives it plenty of upside to go. It's further down in the market cap ranking.

23:04And so I think this could easily double from here. I don't know that I see it doing like a 10X or anything, but I do think that this is a really solid play and And it's definitely caught my eye. And they've got kind of the fundamentals to back it up right now, too. So, again, it's a little overhyped, but it's something I think to keep an eye on. And I do think it's something that has legs that I think will continue to move its way up the rankings and continue to be a solid bet going forward. Yeah, volume. I'm looking at the volume chart on the bottom there. It looks like we had a huge spike in between May and June.