Bitcoin (BTC)

• The speaker believes the entire crypto market's short-term direction is dependent on Bitcoin.
• A potential drop in Bitcoin's price is seen as the catalyst for buying opportunities in other large-cap cryptocurrencies.
• The speaker mentions a specific technical level for Bitcoin: the 50-week Simple Moving Average (SMA), which they place at $95,000. A drop to this level is the scenario that would trigger the entry points for other assets discussed.

Takeaways

• The investment strategy discussed is contingent on a market-wide price correction led by Bitcoin.
• Investors looking to follow this strategy should monitor Bitcoin's price closely, specifically in relation to the $95,000 level, as this is the trigger for the other opportunities mentioned.

Ethereum (ETH)

• The speaker is waiting for a price drop in Ethereum that would be caused by a broader market downturn led by Bitcoin.
• Using a Fibonacci retracement technical tool, the speaker identifies a key level at $2,100.
• The desired entry target has been around the $2,000 level for the past three weeks, and the speaker is patiently waiting for the price to reach this point.

Takeaways

• A potential buying opportunity for Ethereum is identified at approximately $2,000.
• This is presented as a personal entry target the speaker is waiting to act on, suggesting a bullish view if the price reaches that level.

Solana (SOL)

• Similar to Ethereum, the speaker is waiting for a price drop in Solana.
• The analysis is based on a Fibonacci retracement level and a classic technical pattern where previous price resistance from March and April is expected to become a new support level.
• The specific entry target mentioned is around $140.

Takeaways

• A potential entry point for Solana is identified at the $140 level.
• The speaker explicitly states they would consider opening a long position (a trade that profits if the price goes up) if SOL reaches $140, indicating strong confidence in that price level as a bottom or a bounce zone.

XRP

• The analysis for XRP is based on its performance relative to Bitcoin, using the XRP/BTC ratio chart.
• The speaker is looking for a 23% drawdown on this ratio chart, corresponding to a 382 Fibonacci retracement level.
• This analysis is based on the assumption that Bitcoin holds a price of around $100,000.
• Under these conditions, the target entry price for XRP is approximately $1.80.

Takeaways

• A potential buying opportunity for XRP is identified at $1.80.
• This entry target is conditional on two factors: a specific move in the XRP/BTC price ratio and Bitcoin's price remaining stable around $100,000. This makes the target more complex than the others mentioned.