Consider placing buy orders for Solana (SOL) at the $130 support level, which is identified as a prime entry point in case of a market capitulation. For those looking for short opportunities, a high-conviction setup for Ripple (XRP) exists in the $2.38 - $2.45 resistance zone. Be cautious with the Zcash (ZEC) rally as it approaches the $500 macro danger zone, a key area to consider taking profits. If you are long Hyperliquid (HYPE), the primary exit zone to secure gains is between $44.40 and $44.50. For a larger market downturn, a key dip-buying zone for Bitcoin (BTC) is at $94,300, where you could place limit orders.

Bitcoin (BTC)

• The market is experiencing a choppy day with significant pressure on BTC. The speaker is looking for a potential relief rally before another move lower.
• The $98k - $100k zone was identified as a very strong support area, which has held for now.
• The speaker has "stink bids" (limit orders placed well below the current price) ready at $94,300 in case of a capitulation event.
• A lower, "darker" support level is on the table at the $87k - $88k region if the market continues to fall hard.

Takeaways

• Short-Term Long Opportunities:
  • Look for potential bounce entries around $100,200 and $99,000.
  • A dip to $98,500 could also present a long opportunity.
• Major Dip-Buying Zone:
  • For a larger market collapse, a key area to place buy orders is at $94,300.
• Resistance / Take-Profit Zones:
  • Be cautious and consider taking profits if BTC rallies to the $102,900 - $103,500 range.
  • Higher resistance levels to watch are $105,000 and $105,900. The speaker advises being "super cautious" if the price pushes past $106,000.

Ethereum (ETH)

• ETH has been "really abused" and has taken a lot of pain, finding major support at $3,170.
• The speaker is cautious about any rallies, suggesting a push towards $3,800 could be a setup for a larger rejection and a move to the downside.
• A potential future downside target, if the market breaks down, is $2,750.

Takeaways

• Key Support: The current major support level to watch is $3,170.
• Cautious on Rallies: Any strength pushing ETH into the $3,600 - $3,800 range should be viewed as a potential opportunity to take profits, as it could be a rejection point before another leg down.
• Downside Risk: If support at $3,170 fails, the next major level to watch is $2,750.

Solana (SOL)

• The price dropped below the $161.8 level and hit $145.
• The speaker has limit orders ready to buy SOL at $130, calling it an "absolute banger" of a level if the current support fails.

Takeaways

• Short Opportunities:
  • The $168.50 and $175.00 levels are identified as potential shorting zones.
  • A stronger resistance and shorting area is noted between $175 and $178.
• Dip-Buying Zone:
  • If the market capitulates, $130 is highlighted as a very strong support level and a prime area to look for a long entry.

Zcash (ZEC)

• ZEC has been a strong outperformer due to the "privacy narrative."
• The speaker is becoming cautious, stating the rally is getting "a little bit overcooked" and that "all good things come to an end."
• $500 is identified as a "macro danger zone" and a major resistance area. The price has already rejected from this zone once but is attempting to break it again.
• The speaker has a small, low-risk short position but is cautious as momentum indicators are not yet confirming a reversal.

Takeaways

• Profit-Taking / Short Zone: The $500 level is a major resistance. This is an area to be extremely cautious and consider taking profits. A wick up to $520 is possible before a reversal.
• Higher Resistance: If $500 breaks, the next major resistance level to watch is $630.
• Sentiment: The bullish narrative may be nearing its end. Caution is advised against chasing the pump.

ZK (Ticker not specified)

• This asset has shown relative strength, holding up well during the market sell-off.
• Support is coming from the 200-day moving average.

Takeaways

• Support / Long Zones:
  • The first level to watch for a bounce is $5.66.
  • A stronger support area is slightly lower at $5.38. These are potential areas to look for a long entry.
• Resistance: A major resistance zone is noted higher up. A breakout and successful retest of that zone would be needed to confirm a larger move to the upside.

Tau (TAO)

• The speaker describes trading TAO as frustrating and choppy, despite it showing initial strength.
• The price is currently holding at support from the 50-day and 200-day moving averages.
• A bullish divergence is forming on the chart, which is often a preliminary sign of a potential bounce.

Takeaways

• Risk Management: A daily close below $364 could be used as a signal to exit a long position to cut losses.
• Take Profits Quickly: Given the choppy conditions, if the market gives you a 10% bounce, it's wise to "take it with both hands."

Virtua (TVK)

• Like TAO, this asset has been very choppy, with sharp bounces followed by relentless selling.
• The speaker is still holding a position and is watching key levels for a final bounce attempt.

Takeaways

• Final Support Zone: The last line of defense and a potential area for a bounce is the zone between $1.17 and $1.20.
• Resistance / Short Zones:
  • If the price rallies, $1.42 and $1.50 are key rejection zones.
  • These levels could be opportunities to take profit on a long or to look for a new short entry.

Internet Computer (ICP)

• ICP had a "monster sell-off" of about 26% after hitting a key resistance zone.
• The speaker advises against trying to short it now that it's on support.

Takeaways

• Support / Bounce Zones: After the large drop, look for a potential bounce (long trade) at the support levels of $4.70 and $4.25.

Hyperliquid (HYPE)

• This asset "pulled me out of the grave" with a strong rally. The speaker is long but has also opened a hedge short position.
• The oscillator is a "little bit overcooked," suggesting the rally might be getting tired.

Takeaways

• Support / Long Zone: A good area to look for a dip-buy or a new long entry is between $38.00 and $38.80.
• Resistance / Take-Profit Zones:
  • $41.00 is a "big big danger zone."
  • The primary exit zone for longs is $44.40 - $44.50. If the price pumps into this zone, the speaker plans to be "done" and "out of this thing."

Pump (PUMP)

• PUMP had a massive recovery after dropping into a key support zone.

Takeaways

• Support / Long Zone: The first logical area to look for a long entry on a dip is $3.62.
• Resistance / Danger Zone: The area between $3.95 and $4.12 is a "very big danger zone." Be super careful and consider taking profits in this region.

Ripple (XRP)

• XRP has made a "monster recovery" and is currently pushing higher.
• The speaker is bearish and looking for short opportunities.

Takeaways

• Short Opportunity: An "absolute cracker" of a short setup is identified in the $2.38 - $2.45 resistance zone. This is highlighted as a prime area for bears to look for an entry.