Ethereum ETF Countdown🚀Altcoin Technical Analysis w/ @investingbroz

Summary

In this episode, Paul Barron discusses token analysis, focusing on Bitcoin and Ethereum, and their market trends. Tim Warren from Investing Bros joins to talk about the potential bull market timelines, the impact of institutional investors, and the political landscape on crypto. They also delve into the Ethereum vs. Solana debate, exploring the investment potential of both. The episode also touches on AI investments, particularly Nvidia, and blockchain projects like Avalanche and Polygon. They conclude with insights into stablecoins and market strategies for retail investors.

Takeaways

• 📈 The discussion suggests a potential top of the bull market for Bitcoin and Ethereum between 12 to 18 months out, aligning with the traditional four-year cycle in the crypto market.
• 🗓️ Tim Warren from Investing Bros anticipates a lot of tops to play out between August to October, indicating a possible peak in the market during that period.
• 🔄 There's a possibility of a super cycle where the traditional four-year cycle might be disrupted, and the market could continue to climb without a significant pullback.
• 💡 The political landscape could significantly influence the crypto market, with changes in administration potentially spurring innovation and affecting crypto regulations.
• 📊 Retail investors are becoming more significant in the market, with many choosing to stay invested due to experiences from previous market fluctuations and rewards for continued investment.
• 🏦 Institutional investors are increasingly participating in the crypto market, which could lead to less volatility and potentially milder bear markets compared to previous cycles.
• 🚀 Ethereum is considered to have significant growth potential, with some predicting it could outperform Bitcoin in terms of returns in the upcoming bull market.
• 🤔 The conversation ponders whether Ethereum is currently outperforming Bitcoin, suggesting that historical patterns may indicate a trend where Ethereum takes the lead.
• 💰 There is a bullish outlook for Ethereum, with potential price targets set significantly higher than the current market value, suggesting substantial growth is expected.
• 📉 Despite the overall optimism, there's an acknowledgment that Ethereum could experience a pullback to around $32, which would represent a significant but manageable correction.
• 🔮 The script also touches on other cryptocurrencies like Solana and Render, discussing their potential in the context of the growing interest in AI and cloud computing technologies.

Q & A

What is the main topic of discussion in the video script?

The main topic of the video script is token analysis, focusing on Bitcoin, Ethereum, and other cryptocurrencies, their market performance, potential future trends, and the impact of institutional investors.

What does Tim Warren from Investing Bros suggest about the timeline for Bitcoin's market top?

Tim Warren suggests that the timeline for Bitcoin's market top could be between 12 to 18 months out, aligning with the four-year cycle of the cryptocurrency market.

What factors might cause a deviation from the typical four-year cycle for Bitcoin's market top?

Factors such as changes in the political landscape, new frameworks for crypto regulations, and the potential for innovation to kick up could cause a deviation from the typical four-year cycle.

How does the script describe the current state of retail investors in the cryptocurrency market?

The script describes retail investors as being more cautious and informed than in the past, having learned from previous market cycles and being more inclined to stay invested despite market volatility.

What is the potential impact of a political shift on the cryptocurrency market according to the discussion?

A political shift could lead to a new framework for how crypto is viewed, potentially spurring innovation and affecting the market positively, which might lead to a super cycle for cryptocurrencies.

What are the thoughts on Ethereum's potential to outperform Bitcoin in the future?

The script suggests that Ethereum might have the potential to outperform Bitcoin, especially considering its current market cap and the possibility of institutional adoption, but it also acknowledges that Bitcoin remains a safer long-term investment.

Outlines

00:00

📈 Crypto Market Analysis and Predictions

In this segment, Paul Bar and Tim Warren from Investing Bros discuss the current state of the crypto market, focusing on Bitcoin and Ethereum. They analyze the counterbalancing dynamics between the two and consider factors such as Google Trend searches indicating low public interest in crypto, suggesting a potential market peak could be 12 to 18 months away, aligning with the four-year cycle theory. They also touch on the possibility of a super cycle and the impact of political changes on crypto innovation. The conversation shifts to retail investors' growing interest and influence in the market, hinting at a potential shift in market dynamics for the upcoming cycle.

05:01

🤔 Evaluating Ethereum's Potential Over Bitcoin

The speakers explore the diverging paths of long-term holders on Ethereum compared to Bitcoin, noting a similar situation in 2017 that led to Ethereum outperforming Bitcoin. They debate whether Ethereum is currently positioned to outperform Bitcoin, with Tim suggesting Ethereum could offer higher returns based on market cap growth. The discussion includes an analysis of Ethereum's historical performance, its potential to reach new highs, and the impact of institutional adoption on market volatility. Tim forecasts significant gains for Ethereum in the next bull market, even considering potential pullbacks.

10:04

💼 Institutional Impact on Cryptocurrency Volatility

This paragraph delves into the influence of institutional investors on the crypto market, suggesting that their involvement could lead to less volatility and more moderate market pullbacks compared to historical trends. The conversation highlights the potential for Ethereum to see less dramatic downturns, possibly only pulling back 50% in a bear market, which would be a significant change from previous cycles. The focus is on the maturing of the market and the adoption of cryptocurrencies by institutions, which could lead to a more stable investment landscape.

15:05

🔄 Market Dynamics of Bitcoin and Ethereum

The discussion continues with an analysis of the current market dynamics between Bitcoin and Ethereum. The speakers consider whether Ethereum is leading the market or if it's still following Bitcoin's trends. They examine various charts and indicators to determine potential support levels and future price movements for both assets. The conversation also considers the impact of stablecoins and regulatory changes in the EU on the crypto market, suggesting that these factors could lead to significant shifts in the coming months.

20:06

🚀 Exploring Solana and Other Crypto Investments

The speakers compare Ethereum with Solana as investment opportunities, discussing the potential for Solana to offer significant returns despite current market conditions. They analyze Solana's chart, identifying strong support levels and the potential for a bullish reversal. The conversation also touches on the broader implications of institutional capital flows, the potential impact of ETFs, and the role of meme coins in the market. The speakers express optimism for Solana's future, despite short-term challenges.

25:07

💡 AI and Blockchain Innovations in the Market

In this segment, the focus shifts to the potential of AI and blockchain technologies, particularly the rise of Nvidia as a major player in the AI space. The speakers discuss the historical performance of Nvidia and its potential for future growth, driven by advancements in AI. They also touch on other blockchain projects like Render, which has a strong relationship with Nvidia, and the potential impact of these technologies on the crypto market. The conversation highlights the importance of innovation and the right timing for these projects to succeed.

🔗 Partnerships and Developments in Blockchain

The final paragraph covers various developments in the blockchain space, including Avalanche's expansion and partnerships, the growth of USD on the TON blockchain, and the delisting of certain tokens on exchanges like Uphold in favor of USDC and other stablecoins. The speakers also mention upcoming interviews and events, suggesting that there is a lot to look forward to in the crypto and blockchain industry. They encourage viewers to stay informed and engaged with the market, highlighting the importance of being part of the community.

Keywords

💡Token Analysis

Token analysis refers to the examination and evaluation of different cryptocurrency tokens to understand their performance, potential, and market dynamics. In the video, token analysis is the central theme, with the hosts discussing various tokens' performance in the market, their potential for growth, and factors that could influence their value. For example, they analyze Bitcoin and Ethereum, discussing how they are counterbalancing each other in the market.

💡Bitcoin

Bitcoin is the first and most well-known cryptocurrency, often serving as a benchmark for the performance of other digital assets. In the script, Bitcoin is frequently mentioned as a point of comparison for other tokens. The discussion includes its market behavior, its potential peak in the bull market cycle, and how it interacts with other cryptocurrencies like Ethereum.

💡Ethereum

Ethereum is a decentralized platform that runs smart contracts and has its own cryptocurrency, Ether. It is second only to Bitcoin in terms of market capitalization. The video script discusses Ethereum's potential to outperform Bitcoin, its market trends, and the possibility of institutional investors influencing its growth.

💡Bull Market

A bull market is a period of time in which financial markets are characterized by rising prices, typically associated with positive sentiment and investor confidence. The script refers to the bull market cycle, discussing the potential timeline for the peak of this cycle and how it might affect various cryptocurrencies.

💡Retail Investors

Retail investors are individual investors who buy and sell securities for their personal accounts, as opposed to institutional investors. The script mentions the changing role of retail investors, who are now more engaged and cautious in the market, potentially influencing the market dynamics and the adoption of cryptocurrencies.

💡Institution Investors

Institutional investors are organizations such as pension funds, mutual funds, banks, or insurance companies that have a significant impact on the market due to the size of their investments. The video discusses the growing involvement of institutional investors in the cryptocurrency market and how their long-term perspective could affect market volatility and token prices.

💡Market Cap

Market capitalization is the total market value of a company's outstanding shares or, in the context of cryptocurrencies, the total value of a token or coin in circulation. The script uses market cap as a metric to compare the potential growth and value of different cryptocurrencies, particularly Ethereum and Bitcoin.

💡ETFs (Exchange-Traded Funds)

ETFs are investment funds that are traded on stock exchanges, similar to individual stocks. In the script, the mention of potential ETFs for cryptocurrencies like Ethereum suggests a growing mainstream acceptance and the potential for increased investment and stability in the crypto market.

💡Stablecoins

Stablecoins are cryptocurrencies designed to minimize price volatility by being pegged to a stable asset, such as the U.S. dollar. The script discusses the regulatory changes around stablecoins in the EU and their potential impact on the market, indicating a growing interest and investment in this area of cryptocurrency.

💡Solana

Solana is a high-performance blockchain platform that supports decentralized applications and cryptocurrencies. In the video, Solana is compared with Ethereum in terms of investment potential and market performance, highlighting its rapid growth and the possibility of it becoming a preferred platform for new projects.

💡Render

Render, in the context of the video, refers to a blockchain project focused on cloud computing and AI. The script discusses Render's potential as an investment, its relationship with Nvidia, and how it might benefit from the growing interest in AI and cloud computing technologies.

Highlights

Token analysis with a trader discussing various cryptocurrencies.

Discussion on Bitcoin and Ethereum's market behavior and their counterbalancing effects.

Tim Warren from Investing Bros joins the conversation to share insights on the crypto market.

Potential timeline for the top of the bull market in Bitcoin, estimated between 12 to 18 months out.

Analysis of the political landscape's impact on crypto innovation and market dynamics.

Retail investors' changing role and behavior in the current crypto market.

Institutions' growing involvement in the crypto market and its effects on market volatility.

Ethereum's potential to outperform Bitcoin in the long term, based on market cap growth.

Technical analysis of Ethereum's trading chart, indicating a possible position for outperforming Bitcoin.

Stablecoins and the impact of their legal framework in the EU on the crypto market.

The possibility of an Ethereum ETF and its potential influence on the crypto market.

Comparison between Ethereum and Solana as investment options in the current market.

Solana's market position and potential for significant growth despite recent fluctuations.

The importance of institutional adoption for the future of Ethereum and its market cap.

Nvidia's potential as an investment in the context of AI and technology stocks.

Render token's position in the cloud compute and AI market, and its relationship with Nvidia.

Avalanche's strategic moves in partnerships and subnet development.

Binance's growth metrics and the addition of USD on the platform.

The shift in stablecoin preferences towards USDC and the Euro stablecoin in the EU.

Upcoming interviews and events in the crypto space to watch for.

Transcripts

[Music]

all right so let today let's dive into

some token analysis we'll take a look at

a whole slew of these with one of our

Traders I think you guys are going to

love it my name is Paul bar welcome back

in the tech path let's get into a couple

of topics today I want to first kind of

lead off with Bitcoin some things that

have been happening in the market a lot

of people looking at Bitcoin and

ethereum the way they're kind of

counterbalancing each other and how are

they playing out so I wanted to bring in

of course Mr Tim Warren coming in from

investing Bros great to have you Tim

great to be here thanks for having me

Paul hey let's let's take a look at a

couple of things uh Jason Pano he's

coming in saying hey consolidation phase

now before we might see a top here he's

also kind of extending this out first he

he bases this off a little bit on Google

Trend search we we showed this a little

bit uh earlier this week very low for

crypto right now but we are see starting

to see some times he's thinking that

this still could be anywhere between 12

to 18 months out maybe what are your

thoughts in terms of timeline here on

bitcoin right

now 12 to 18 months in terms of before

the top of the bull market or yeah top

of the bull market yep yeah I I I agree

100% that that stays intact with the

four-year cycle I I've been preparing

the investing Bros audience for more

than likely a lot of tops to come into

play between August to October area you

kind of have a window of two two and a

half months that could be that top so I

think at the moment that puts us what

the 14 to 15 months um right there in

the middle of that 12 Day 18 um but

again I I also know there's a lot of

scenarios that could play out I'm sure

you know this too Paul have the same

opinion uh there are things that could

play out that could cause a super cycle

where we don't have the fouryear cycle

price continues to climb up after but

there's so many ifs and thens in that

statement for now it's the most likely

outcome is the fouryear cycle stays

intact and get some form of a top and

then a more dramatic pullback Sometime

Late summer early fall yeah I think the

the one area that we're watching the

most is obviously the political

landscape because if we do see a shift

in administration and there's a whole

new framework of how maybe crypto is

being looked at we could see Innovation

start to really kick up which obviously

would uh address it especially with two

ETFs potentially going to be on the

ground by that time with an eth ETF and

so on I want to go to a clip real quick

because this was an interesting clip

around retail investors because retail

has notoriously been late to the party

may not necessarily be the case now let

me play this clip for you have you

sensed a difference from where the

retail investor is sort of respected now

absolutely and I think a lot of that has

to do with time right our bare markets

are shorter our bull markets are pretty

aggressive they've seen the stock market

Fall during the pandemic and then climb

right back when the FED florid interest

rates a lot of these people went through

that in 2008 2009 they're used to that

sort of moral lack of moral hazard being

there so they want to stay invested and

they've been rewarded for doing it they

worry about concentration they worry

about inflation they worry about all

these things the walls of worry are very

high but if you just kept worrying and

didn't invest you've missed one of the

greatest bull markets in generation so I

don't think they want to miss out and

they've seen this before a few times so

even if they're a little bit trepid and

a little bit worried about things that

could happen they don't want to be not

invested so the point being right there

is that uh maybe this cycle the retail

investor very optimistic going into

especially this back half and if we do

get you know a political play that could

be positive for crypto could this be

enough to move the markets back to your

point into a super cycle what are your

thoughts yeah I I think something to

keep in mind is everything up until this

bull market has been mostly retail

investors and then smart individuals who

saw the vision long term and said you

know what we're going to be a part of it

but in the in the bull market 2021 I

actually made a video yesterday talking

about this that was institutions were in

crypto people act like this is the first

time they in they were in crypto they

were suppressing it they were fuding it

they were trying to drive people away

from it but this cycle they're the ones

adding to it and so where the fouryear

cycle came into play based off of smart

individuals and Retail investors knowing

the best times to get in and out or the

retail invest is really not knowing the

best times now institutions coming in it

it changes the ball game because they

are looking for those long-term

pullbacks I I've told people while I

still believe we will see bare markets

and bull markets I think the days of

Bitcoin dropping 70 to 90% are done I I

would actually not be surprised if the

severity of the bare market for Bitcoin

only pulls back 50% and that's still GNA

be pretty big for a lot of institutional

investors who are used to stocks and the

S&P 500 and so on and so forth but uh

the more mature we get and the more

adoption that institution get gets in

the less volatility which means both

less explosive moves to the upside but

also less dramatic pullbacks as well

yeah that's a big statement because if

you think and and believe that a lot

which a lot of people were kind of

pointing to whether you think about Tom

Lee or you look at some other analysts

right now pointing to like 150 to 200

potentially as a high I mean still if

you saw a 50% pullback that would still

almost be 2x from where we are today

trading at around 62 63 so uh a lot of

factors playing into that I want to jump

to eth because eth is one that we've

been watching quite a bit here and uh

when you look at this trading view chart

here this is the diverging Paths of

long-term holders on ethereum and the

last time that we really saw this occur

which is what we're seeing occur right

now let me kind of maybe zoom in on this

a little bit for you guys you can kind

of see this long-term hold this is the

eth in the light blue dark blue there uh

Bitcoin but the last time we really saw

this was all the way back here in 2017

where eth started outperforming Bitcoin

so our question in our research team has

been I want to get your opinion is

ethereum maybe in a position right now

you know from a position of

outperforming an asset is it now in a

position where it's outperforming

Bitcoin what are your

thoughts oh good question is it

outperforming Bitcoin I mean what's the

definition of outperforming Bitcoin if

we're just talking about full-blown

market cap uh growing talk

I put $100,000 or $10,000 or 1,000

what's going to give me a better G yeah

ethereum and I I don't even think it's

close I I think let's say let's say

investors were to decide right now they

have $100,000 to choose one of them

$100,000 into Bitcoin to the top of the

bull market in 2025 we're probably

talking about a 100 turning into

somewhere between 200 to 300,000 would

be my best guess versus ethereum I think

low case 500,000 better case somewhere

closer to 600 to 800 I think there's a I

think there's a five to eight potential

X left for ethereum so more than double

the gains that you'd get in Bitcoin when

you look at that if you look at the

chart if you would bring your eth chart

up uh Tim and you and let's say go to

the monthly and I want to kind of look

at the performance of eth over time does

it look like it is in a position where

it essentially has if you kind of

compare this to bitcoin does that not

look like a high performance chart I

mean even with the the draw down even

though the draw down was considerably

less than what we saw in almost

everything is eth maybe the long-term

asset play

here yeah I I think in terms of if you

want to make more money long term I

think ethereum at least at least for the

next 10 to 15 years I would not be

surprised to see ethereum constantly

have better bull markets than Bitcoin

but we got to remember it's still

dramatically behind in terms of market

cap so if anyone's wondering about the

flipping the grand flipping we're never

going to see ethereum token one token be

more valuable than one Bitcoin token

just the simple tokenomics of it all but

market cap I I think there will be a day

and age where we might flirt with the

concept of ethereum flipping the Bitcoin

market cap but long term I think Bitcoin

is the grander play but again for

investment purposes uh this is a very

very bullish chart one of the things I I

I've said earlier I think that I think

ethereum probably is getting between 18

to 20 K from its current position right

now I think there's a chance right now

at 3500 there's a chance ethereum drops

to 32 before the Bulls come back in full

force but we're talking about still big

big gains just for this bull market and

this is I hope people understand this is

the beginning stages of institution

institutional adoption it will get get

even more grandiose by the next five

years we talk about 2030 don't be

surprised if we are discussing

potentially a 50 60 I think 70 is a

little out of the equation but maybe

$770,000 ethereum uh and we're talking

about trillions and trillions of dollars

coming in the market cap again for for

investing purposes long term do I want

to am I gonna make more money in Bitcoin

or ethereum easy ethereum uh I still

believe in divers diversification but I

I don't think there's much a debate to

be had about who's gonna make more money

ethereum holders Bitcoin holders all

right so I'm going to I'm going to kind

of back that up just so we can kind of

get you know some additional analyst to

look at if you look at Matt Hogan he

comes in and hits on it very similar to

what you're saying there eth Tail wins

uh significant new demand this obviously

with the ETF constrain Supply limit to

zero net insuance uh improve regulatory

Clarity that will be the case radically

improve throughput obviously we know and

we've seen significant improved on uh ux

thank you I I agree base institutional

adoption cycle timing macro conditions

Fed rate Cuts election possibly huge

catalyst so all these are things very

very bullish uh for a good setup for eth

even even if eth does pull back down to

32 my question is do you think eth can

pull back to in a bearish case under 3K

or are you right now holding that 32

line it it can uh I'll go back and I'll

I'll take a look show you guys what I'm

seeing on the charts for now 32 is my

level of saying hey this is a very

reasonable and well- explained pullback

if you start to pull up different

indicators uh here actually not even

going to find it on on my Lux AO

indicator uh we have some strong support

here on 3300 there is a level down here

a very key order Block in play at 2900

uh but one of my big factors let's see

here maybe it was the weekly chart and

there's a different chart as well yeah

we have a stop loss here at 3200 we also

if we go to High block capital and I go

to ethereum instead of Bitcoin here this

is a liquidation chart meaning uh for

anyone who's trading and looking to try

to get rid of a lot of big positions

they're going to be looking at this

chart and see a lot of liquidity sitting

right here at 3000 uh you never see if I

were to go back over the charts and

let's just kind of put a line right here

at 3,000 you never see the price go

right to that exact level of high

liquidity right you you would always see

it Go below uh there was more I think

the other one is if I go to the daily

chart I think the 32 is coming from the

daily chart of Li liquidations unless

things updated there we go great fat

amount of liquidity down here at 32 so

that's a very easy easy pick them to get

there but you can see Heavy liquidity

down here as well um My Philosophy right

now and again everything still follows

Bitcoin but I still have Bitcoin

potentially dropping here on the daily

chart I still have Bitcoin with a very

strong level of support right in the

range of

61,000 613 there's a lot of things there

there's a pullback still from current

price action of roughly three to four%

so kind of using that same mindset

ethereum could have a little bit larger

of a pullback that's where I'm kind of

getting getting more of this range of

saying 32 since there is liquidity at

that level uh that's still an 8%

pullback from current prices but it's

manageable coming down all the way to 29

we're talking about a 16% pullback on

ethereum that happens in my opinion if

Bitcoin does not hold 61 and all of a

sudden we're talking about 55,000 if

Bitcoin pulls back upwards of 12% then

ethereum easily could do 16 but I don't

foresee that happening that's not what

I'm predicting at this point I'm looking

for more more purchasing power for

ethereum around 3200 for Bitcoin around

613 615 area uh and so until things

change and give me a different reason uh

to think differently that is kind of my

assumption for both of those assets at

this point okay with that being the case

uh especially around Bitcoin and

ethereum trading on on say a Bitcoin eth

chart would you say that Bitcoin is

still leading the market leading eth out

into the market or do you feel like eth

maybe is now in its own range of growth

yeah yeah I mean so traditionally it's

not yet time for the full-blown uh eth

cycle if I if I do show you uh the eth

over Bitcoin chart in the last week

ethereum is leading but from a zoomed

out perspective here let me get rid of a

couple of these things it's been a

minute since I looked at this chart um

okay come on now chart get with the

program there we go we're still not in a

bullish Trend here right so we might be

bullish from this bottom back here on

May 18th and we might even be bullish in

the last seven days but you zoom back

out to September of 2022 we're still

setting lower highs and lower lows I

think in reality what we're going to

want to see is ethereum over Bitcoin

probably get above this 061 level then

we can have a discussion about ethereum

leading the charge I don't think that

that happens however until closer to

August or September we could even keep

going bullish and you can make the

statement hey guys ethereum is doing

better than Bitcoin even right now but

to kind of have a very good conference

and feel strongly that we're no longer

in the Bitcoin part of the cycle but

we're in the ethereum leading cycle I

would say let's get this pairing above

06 and let's set a higher high rather

than still being in a lower high Trend

so essentially you've got the two assets

trading very closely in terms of

likelihood in terms of performance um

going into that all right well I can you

know I can accept that in looking at it

I'm in agreement I think with eth on a

long-term play and definitely in terms

of Market corrections as we start to see

that I'm a little interested in to see

how much of Market correction we will

see on bitcoin as the market starts to

explore eth and all the things that we

kind of mentioned there with Hogan's

tweet uh so a lot a lot happening uh

another thing coming in of course stable

coins and MAA getting ready to uh jump

loose here in the EU let me zoom in on

that uh everybody's getting ready to

start seeing stable coins in action in a

legal way which means we could see an

explosion around usdc obviously that

would change change things quite a bit

cuz that's an erc20 uh token so there's

an opportunity there I think again just

for more uh position on that that

rolling into also salana because this is

kind of the the question I have next is

now let's play eth versus salana because

we've looked at kind of the scenario

you've got uh salana now potentially

getting an ETF coming in and of course

coinbase would be this is coming in from

the 3 IQ Corp but the point being is

that we could see something happen like

this with salana is salana in a position

right now if you were trying to go that

same investment strategy with an eth

versus salana on that same 100K 10K or

1K what route would you take right now

based on Solana's chart yeah so so

here's what I will say before I go to

the Chart I feel confident uh in saying

that ethereum will be a better

investment than Bitcoin when it comes to

will salana be a better investment in

ethereum while I am still confident I'm

less confident in that statement than I

am in ethereum beating out Bitcoin just

because I I see Bitcoin ethereum as your

safest least valuable but safest choices

for investing Solana's got such a great

upside but there are scenarios that

could play out in the next again 14 15

months that for some reason it its

bullishness gets kind of crushed but I

don't perceive that happening in fact

what I'm looking at right now it's it's

another one of these I'm on the weekly

chart right now so when you see each

candle we're representing seven days uh

for for the last month and some change

Solana has been falling compared to

ethereum but there's some major support

happening right now most of this is

actually uh due to a lot of the mean

coins that kind of boosted salana so

heavily during this time period they're

cooling off so Salon is cooling off a

little bit but we're getting very close

to a level on the weekly chart a very

strong support in both this smart Trail

and a large order block on the daily

chart the sell orders that we were under

have hit their most aggressive

takeprofit and when you start to look at

oscillators uh I'm not saying we're

about to reverse today in fact we could

keep in this level for maybe the next

couple of weeks but a lot of signs of

oversold Solana over ethereum and and I

I've said this before I was actually

having a conversation with somebody the

other day uh about Solana's future and

they were saying oh yeah the meme

season's over Solana's done I'm like is

that where we got to where we thought

Solana was only about meme coins yeah

because that's not how I've perceived it

that was one added benefit of Solana

yeah but you can have a lot of problems

there's still Solana I would still say

at this point is the easiest fastest and

most admissible blockchain to build

something on so a lot of Institutions uh

maybe not the high microsofts and apples

and those but a lot of companies and

businesses worldwide will choose Solana

I still see Solana jumping over ,ll

potentially going up towards 1600 so

we're talking about more like instead of

ethereum's 5 to 7x I think there's a

good chance at closer to a 10 to 12x 12

to 15x left in salana if things play out

correctly well that's a big uh that's a

big one of course salana been very

bullish up to this point you know

obviously we'll see things start to play

out this summer and as they go into you

know their their conference season that

starts to reveal a lot of new projects

especially if we get some regulation uh

Clarity couple other things that are

happening I wanted to kind of play this

in and this is just showing ETFs and you

know their uh their outflows but but

also the potential of these outflows

maybe going somewhere if you think about

where could an outflow from Bitcoin be

going if if you think about

institutional capital I want to play a

clip because maybe just maybe things are

flowing into things like Nvidia take a

look at this got it and they want to put

it in the the the riskiest so when you

when you read risky for this group is

that Nvidia or is that someplace else

well we asked them you know uh what

areas of the stock market you think in

bubbles right now and AI stocks and tech

stocks they think are in bubbles so I

would consider that a little bit risky

when you look at valuations you can't

ignore the fact that they're pretty high

it's a little bit risky these are not

necessarily GameStop buyers and AMC

buyers these buy these uh investors buy

big stocks they've held on to them to a

long for a long time Nvidia Apple

Microsoft we ask them the stocks you

would buy and hold for the next decade

Nvidia Apple Microsoft MH all right so

that being the case maybe is the reason

that we haven't seen Bitcoin really is

starting to move up with this

institutional Capital saying Hey listen

we're going to pull some off the table

we're going to revert into something

like an Nvidia move which is an AI play

do you think there's any potential for

nvidia's chart to continue to look so

positive going

forward yeah I mean Nvidia chart sitting

at an all-time high currently is g to

give that's why when people talk about

uh bubbles uh I'll go and pull that up

when people talk about bubbles yeah

anytime you get into price discovery

mode and you're see a level you've never

seen before there's always going to be

the naysayers that say Hey this time to

correct but uh we've seen in video I

mean Nvidia was supposed to correct for

a long long time in fact even right in

here around 2021 you know 67% that's

really not even as bad as the majority

of crypto that was actually a less

pullback than even Bitcoin I I I

actually have a target for NVIDIA still

climbing higher potentially ranging up

here closer to 353 to 663 why cuz AI has

always been something that the world's

been interested in everyone probably

grew up watching movies about robots

taking over the world but for the first

time in really all of history the last

I'd say three to five years AI is taking

a form that we we only dreamed in the

past of actually being possible right so

you can try to fade you can try to to

try to sell against it but the AI we're

not even close to scratching the surface

of what AI is actually capable of doing

we're just getting started and nid is

one I'm I'm just not in anywhere close

to a situation of get betting against

until I see a much weaker economy and

maybe saying hey yeah even I it's one of

the Paul like even when the economy goes

weak guess what people and businesses

are going to look for because it's too

expensive to hire people how can I get

AI to keep doing this so yeah I'm not

saying there'll be no pullbacks

whatsoever but don't be surprised if we

don't see a prolonged bare market for

NVIDIA and AI stocks for a long time

which means that I would agree with that

to a certain extent obviously we've seen

you know Cycles like this happen with

the birth of the internet and obviously

the growth that we saw within that and

all the the Technologies they got a

chance to stack on top of that mobile

social and even blockchain let's move

over to blockchain and I want to hit

this last uh token with you and that is

render because that's going to be the

equivalent uh in term whether you think

near protocol or you like render you

know from a standpoint of cloud compute

possibly AIG GPU plays on this render

what is your position on render because

it's been a little bit wobbly in terms

of current price where do you like this

one yeah it's it's not been performing

well here more recently uh anyone who's

looking at the chart like this is

probably getting a little tired of

render they probably are tired of people

promoting it talking about how great

it's going to be I I feel it I see it

every single day but I I always tell

people before you judge something too

harshly zoom out just look at how things

have performed in history and this is a

very exposive chart and then you look at

things where we did set a lower high

right here but we've set a lot of

support if I zoom back in here a lot of

support the Bulls in a Zone uh between

the prices of roughly

696 down here I would say even to about

647 very strong level of support of

course right now I think that render

could come back down into this area as

well but this is this is what we would

call in ta we're creating a nice strong

shelf and right now as long as there's

not a bullish Catalyst to send prices

higher whales and long-term holders are

using every excuse in the book to

accumulate as much as they can right

here at $6.7 area because they know the

long-term value don't be surprised like

the rest of the market if we have a

couple more days of bearish pressure

maybe a week or a little bit longer than

that but to say that the bull market is

over you're you're not taking into

account all of the momentum that has

already come into the space despite the

fact that we're not even close to really

seeing what render's truly poent what

true potential is and and the reason I'm

big on render over some others I still

like near I still like what ASI about to

be but render has a special relationship

with Nvidia Nvidia has a relationship

with a lot of different coins but it

seems like Nvidia talks about render

quite frequently so render is not just

going to be a great AI play for crypto

holders but institutional investors or

you know traditional stockholders who

are looking to dabble in AI are going to

constantly hear render render render

render render and that's a big reason to

stay long-term bullish on it even if the

price in the last couple of months has

been

frustrating well and I think the the

thing that you you have to consider here

is if you are a believer in Cloud

compute and the potential here for AI

then and even if you're looking at

diversification whether you like near

protocol or you do want to jump on

render I think the key here is is that

this is just the beginning we're going

to see so much in terms of innovation

and both these projects are in the right

spot at the right time so all that being

very good hey Tim if anybody wants to

catch Tim of course catch him in over at

investing Bros on his YouTube channel

we'll make sure to leave a link down uh

in the description but thanks again for

stopping in today we appreciate it

awesome thank you for having me Paul you

bet all right so guys we'll get into a

couple other uh tokens one other thing I

wanted to hit on and we did a video on

this with Avalanche

yesterday and one of the things is this

uh topic right here kabi is now building

uh a blockchain so Avalanche starting to

take uh

I think some very interesting steps in

terms of Partnerships and where these

subnets are going and John Woo there was

a video uh clip that we put into that

video if you had a chance to go back and

watch it go check it out but there's a a

clip towards the end of John wo talking

about you know this um subnet season

there's a lot of opportunity I think in

terms of timing with Avalanche so be on

the lookout for Avalanche a little bit

uh closer to the fall that's going to be

what we're going to we are going to try

to get John wo to talk about this a

little bit in the next few weeks so be

on the lookout for that uh interview

because it is coming other uh news out

there of course is polygon and Ronin

Rona Network now jumping in uh on

polygon which this could be interesting

on how this partnership might line up

and and also two powerhouses from the

previous Bull Run so this also could

play into some very interesting things

others that we're watching right now

here of course is binance adding USD on

ton and ton of course is the big one

that uh we've talked a little bit about

here on the show actually I think we did

an analysis last week with Tim but this

of course gets into some pretty

interesting uh chain metrics now pretty

much showing a ridiculous growth but the

transaction volume has gone from 5 to 10

billion so older account also climbing

from like 2.9 Million to 32 million in a

year so 10x that's a pretty big

statement uh without that and then of

course you've got some other things

happening out there in the EU and that

of course is you know exchanges like

uphold guess what what they're doing

they're delisting some of those uh

tokens or some of the stable coins and

moving into guess what usdc the Euro

stable coin and then even PayPal's uh

stable coin PUSD so be on the lookout

for that those are some things that

we'll continue to uh track on uh you

guys if for in terms of uh additional

videos we've got some big uh interviews

coming up next week and the following so

be on the lookout for those if you're

not in the diamond circle make sure and

get in right now all you have to do is

click the link down below it'll get you

into the diamond Circle we got a lot of

things happening over there including uh

some really cool airdrops available to

our members so check that out just click

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it's just at Paul Baron we'll catch you

next time right here on Tech paath

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