Consider buying Bitcoin (BTC) on a potential dip to the $111,000 - $111,500 support zone for a short-term bounce. For Ethereum (ETH), a more attractive long-term entry is expected much lower, within the $3,400 - $3,600 support range. Injective (INJ) has entered a strong support zone between $11.70 and $12.00, presenting a potential entry for a relief rally. If Chainlink (LINK) continues to fall, a prime buying opportunity is identified between $18.90 and $19.50. Be extremely cautious with Asta (ASTA) due to upcoming token unlocks, as a safer entry would be near the $1.26 support level.

Bitcoin (BTC)

• The speaker notes that after a $1.7 billion liquidation event, the market saw a massive wipeout, which could be healthy for a reset.
• On a short-term basis, oscillators are at "extreme lows," making a bounce to the upside look likely.
• A potential "wick fill" to the downside is not off the table, with a major long zone identified between $111,000 and $111,500.
• If the market pushes up, key resistance levels (danger zones) to watch for rejection are $114,000 and $114,800.
• On a higher time frame (3-day chart), there is a concern that BTC might need to make a "fresh low" to the $105,000 region to form a bullish divergence before a more sustainable move up.
• The liquidation heatmap shows that a lot of downside liquidity has been cleared, with the next "juicy" target for a move up being the $117,900 to $119,000 range.

Takeaways

• Short-Term Cautious Bullishness: A relief bounce is expected due to oversold conditions, but traders should be cautious of strong resistance at $114,000 and $114,800.
• Potential Entry Zone: A dip to the $111,000 - $111,500 area could present a significant buying opportunity for a bounce.
• Long-Term Risk: Investors should be aware that a deeper correction to the $105,000 level is a possibility before a true bottom is confirmed.

Ethereum (ETH)

• The speaker notes that ETH has been a "laggard" recently and saw the most liquidations in the recent crash.
• It is currently holding a key macro support level at $4,100, which could support a short-term bounce.
• However, the speaker is not expecting fresh highs and sees a potential scenario of a bounce followed by a move to lower levels.
• Key downside support zones for a more sustainable long entry are identified at $3,600 - $3,400, and more specifically around the $3,500 region.
• Short-term resistance levels (danger zones) where a rally could be rejected are $4,300 - $4,350 and $4,440 - $4,500.

Takeaways

• Key Support: $4,100 is the critical level to watch. As long as it holds, a short-term bounce is possible.
• Potential Profit-Taking/Short Zones: Any rally towards the $4,300 - $4,500 range is seen as a high-risk area and a potential zone to take profits or look for shorts.
• Better Buying Opportunity: A more attractive area to look for long-term positions is the $3,400 - $3,600 support zone.

Solana (SOL)

• SOL had a "perfect bounce" from its support zone between $210 and $214.
• If the market sees another dump, a potential target would be a wick down to the 50-day moving average around $203.
• The major, long-term support level is identified at $190.
• On any short-term bounce, investors should not get "euphoric." Key resistance levels (danger zones) are at $228 and $233.

Takeaways

• Current Support: The $210 - $214 zone has proven to be strong support.
• Watch for Retest: A retest of the lows around $203 could be a buying opportunity. The ultimate support to watch for is $190.
• Upside Resistance: Any rally will likely face significant selling pressure at $228 and $233. These are potential areas to take profit.

Sui (SUI)

• The speaker has an active position in SUI.
• It bounced from a key Fibonacci level, just above its 200-day moving average.
• The primary support level to watch for long entries is $3.27. If that fails, the next support zone is at $3.00.
• Upside resistance levels (danger zones) where euphoria is "not allowed" are $3.40, $3.50, and $3.60.
• The 12-hour chart suggests more downside could be coming, so the bottom may not be in yet.

Takeaways

• Key Entry Zones: Investors could look for long entries at the $3.27 support level, with a secondary, stronger support at $3.00.
• Take-Profit Zones: The $3.40 - $3.60 range is identified as a key area to take profits, as a rejection is expected there.
• Caution Advised: The trend may still be downwards, so it might be premature to assume the absolute bottom has been reached.

Asta (ASTA)

• This token has been on an "up only" trend recently, seemingly linked to Binance and BNB.
• Major Risk Factor: The speaker highlights a significant warning: $190 million in monthly token unlocks are coming, which could create major selling pressure in the future.
• The token may be getting "overcooked" after its massive run.
• The safest, deepest support zone to consider for a long position is around $1.26.

Takeaways

• High Risk: While momentum is strong, upcoming token unlocks present a major risk of a price drop. Chasing the pump here is very risky.
• Be Patient: A much better and safer entry point would be at the deep support level of $1.26, should a correction occur.

Aventus (AVNT)

• Described as another "hype type" token that has been pumping significantly.
• The speaker questions if there is more upside left or if the move is exhausted.
• A potential support box to watch for long entries is between $1.86 and $1.985.
• If that support area fails, the next major zone to watch is much lower, between $1.44 and $1.57.
• Warning: This is a highly volatile token, and the speaker advises using small position sizes and giving it a wide stop loss.

Takeaways

• Volatile Play: This is a high-risk, high-reward asset. Only trade with small positions you are willing to lose.
• Potential Entry Zones: The first area to watch for a bounce is $1.86 - $1.985. A failure here could lead to a steep drop to the next support around $1.44 - $1.57.

Other Altcoins & Investment Themes

Hype (HYPE)

• The speaker likes to buy HYPE after a market sell-off and has entered a position.
• Support Levels: Key zones to look for long entries are $47.50 and $44.80.
• Resistance Level: A massive danger zone on the upside is at $52.80, where a rejection is expected.

Pump.fun (PUMP)

• The speaker sees PUMP as a good "recovery play" and has entered a position.
• Support Level: The key support to watch is $56.00.
• Resistance Levels: Trouble zones where a rally could stall are at $68.00 and $76.00.

Avalanche (AVAX)

• AVAX is testing key support levels at $30 and $28.
• The speaker is not expecting new highs and sees this as being in a downtrend.
• Resistance Levels: Danger zones for a rally are at $32.00 and $33.40.
• Support Levels: Key bounce zones are $30, $28, and $26.40.

Injective (INJ)

• INJ has dropped into a "monster" support zone between $11.70 and $12.00, which includes the 200-day moving average.
• The speaker expects this zone to hold for at least a short-term bounce.
• However, the daily chart is still bearish, so a scenario of a bounce followed by a retest of these lows is possible.

Chainlink (LINK)

• LINK is in a clear downtrend.
• Support Level: The current area down to $20.25 is the immediate bounce zone to watch.
• "Banger" Support: If the $20.25 level fails, an "absolute banger" of a buying opportunity is identified between $18.90 and $19.50.
• Resistance Levels: Clear rejection zones are at $22.30 and $23.60.

Pepe (PEPE)

• PEPE is at a big support level of $0.0000092.
• The chart is showing signs of a "snapback reversal," meaning the odds are starting to favor bulls. The speaker advises that shorting at this level is very risky.
• Resistance Levels: Upside danger zones to watch are $0.00001015 and $0.0000106.

Brett (BRETT)

• A potential long entry zone is between $0.39 and $0.40.
• If the market gets worse, a "monster bounce zone" is identified between $0.33 and $0.34.
• Resistance Levels: Rejection zones on the upside are at $0.475 and $0.52.

Other Mentions

• Gold: The speaker closed his short position on Gold after it broke to new all-time highs, indicating a shift away from a bearish stance.
• MicroStrategy (MSTR): The speaker is holding a position but will consider exiting if it loses the $337 support level.
• Wif (WIF): A big support level was identified in the $0.77 - $0.79 region.
• Tawawa (TAWAWA): The speaker is looking for an eventual drop to support at $2.90 or the $2.34 - $2.36 zone. Resistance is expected around $3.28 - $3.45.