A high-conviction short trade on Bitcoin Cash (BCH) is active, with a recommended entry between $575 and $580 and a stop loss at $595. For Bitcoin (BTC), consider entering a long position if the price pulls back to the primary support zone between $112.6k and $111.4k. Patient investors can look for a stronger long entry on Ethereum (ETH) in the $4,040 to $3,980 price range. Consider building a long position in Sui (SUI) with a buy order near $2.52, or in Ethena (ENA) within the high-confidence support zone of $0.49 - $0.465. A potential hedge short opportunity exists for Immutable X (IMX) if it rallies to the major resistance level of $5.60.

Bitcoin (BTC)

• The host notes that BTC is currently floating around $115k and expects a potential pullback leading into the FOMC meeting this week.
• A CME gap is present at $111k. While these gaps are often filled, the host is skeptical it will happen soon because it's a very crowded trade that everyone on Twitter is calling for.
• Bearish divergence is visible on the 2-hour chart, suggesting a potential short-term drop, though Bitcoin is holding up better than many altcoins.

Takeaways

• Short-Term Entry Zones (Longs):
  • $114k: Described as a "DGEN bounce zone" for traders with a high-risk tolerance. This level aligns with the 50-day moving average.
  • $112.6k - $111.4k: This is the primary "local bull zone". It's a stronger support area that includes the VWAP (Volume Weighted Average Price), Fibonacci levels, and the bottom of the CME gap. This is presented as a more calculated entry point for a bounce.
• Resistance Zones (Shorts):
  • $116.5k: This is the current major resistance level where Bitcoin has recently been rejected.
  • $119.5k - $121k: This is the "next major short zone." The host believes that if Bitcoin pumps to this level before the FOMC meeting, it will be a significant opportunity to open a short position.

Ethereum (ETH)

• ETH recently bounced perfectly from $4,121, which was described as a "DGEN bounce zone" (a high-risk entry).
• The host warns that this bounce could simply be a "lower high" before the price continues to fall.
• Bearish divergence was spotted, which led to the initial price drop. Another pump could create even more bearish divergence, setting up a larger sell-off.

Takeaways

• Preferred Long Zone:
  • The host is personally waiting for a deeper pullback to the $4,040 - $3,980 range. This is considered the main "bull zone" and a much stronger area to look for long entries.
• Potential Short Zone:
  • If ETH continues to pump, the $4,290 level is a key resistance area to watch. A rejection here could be a good opportunity to short, especially if it forms further bearish divergence on the charts.

Solana (SOL)

• The host is currently holding a short position on SOL, anticipating a further price drop.
• The discussion mentions that while the price is slightly up, it's not a significant "rip" yet and could be forming a lower high.
• News of a potential SOL ETF with staking launching tomorrow is mentioned as a bullish catalyst to be aware of.

Takeaways

• Patient Long Zone:
  • The recommended area to look for long entries is the "bull zone" between $194 and $190. The host suggests being patient and waiting for the price to drop to this stronger support level.
• Next Resistance / Short Zone:
  • If the market rips higher, the zone between $211 and $216 is identified as the next major "danger zone" and a potential area to open a short position.

Bitcoin Cash (BCH)

• BCH was identified as a prime short candidate based on an RSI heat map, indicating it was overbought.
• The area around the entry is described as a very strong resistance zone with multiple technical indicators converging.

Takeaways

• Actionable Short Setup:
  • Entry Zone: A short trade was recommended with an entry between $575 and $580. The host set a limit order live on the show.
  • Stop Loss: A stop loss for this trade was set at $595.

Trump Token (TRUMP)

• The token was noted as being extremely volatile. It was initially considered for a short, but the price fell before a trade could be placed.
• Later in the show, TRUMP began pumping aggressively, possibly due to rumors of involvement from crypto personality Justin Sun.
• The host entered a small, speculative short position live on the show, emphasizing it was a very high-risk "DGEN" trade.

Takeaways

• High-Risk Short Zones:
  • The token is approaching several resistance zones where a rejection is possible.
  • Zone 1: $7.30 - $7.40
  • Zone 2: $7.80
• Risk Management:
  • This is a very high-risk trade. The host advises using a much smaller position size than normal.
  • Exit Plans (Stop Loss): Traders should have a clear exit plan. Options mentioned were to cut the trade if the price has a sustained close above $7.44, $8.08, or $8.44.

Investment Themes & Other Assets

Base Ecosystem Narrative

• A narrative around the Base blockchain has caused several related tokens to perform well.
• Aerodrome (AERO):
  • Takeaway: AERO is pushing into a major resistance and "high probability rejection zone" at $0.96. For those looking to buy a dip, a key support and potential long entry zone is at $0.865.
• Brett (BRETT):
  • Takeaway: The host is watching for a potential long entry in the zone between $0.0305 and $0.0297.

AI Agent Narrative (X402)

• A new narrative called X402 (related to the "402 Payment Required" HTTP code) is driving interest in AI-related tokens.
• Virtua (TVK):
  • Takeaway: TVK has been pumping hard on this narrative. It is currently in a resistance zone. A key danger zone and potential short area is at $1.70. For bulls, a potential long entry on a dip could be around the $1.35 support base, targeting a move towards $2.10.

Other Altcoin Setups

• Sui (SUI):
  • Takeaway: The host is bullish and building a long position. An initial order was filled, and a second limit order is waiting at $2.52 to buy a further dip.
• Injective (INJ) & Rune (RUNE):
  • Takeaway: Both tokens were presented as potential long trades as they bounced from a key technical level (38.2% Fibonacci). The host chose to enter a long on INJ live on the show.
• Immutable X (IMX):
  • Takeaway: Presented as a potential hedge (a trade to protect against downside). A pump into the $5.60 area could be a good short opportunity, as it's a major resistance level. A sustained close above $5.64 would invalidate the short idea and be bullish.
• Ethena (ENA):
  • Takeaway: The host is looking to add to a long position if the price drops to the $0.49 - $0.465 range, which is considered a high-confidence support zone.
• XRP:
  • Takeaway: XRP is pumping on news of its ETF gaining significant investment. The host is short and getting squeezed but is holding for now, looking for a potential bearish divergence to form. The exit plan is to cut the short if the price closes above $2.77.
• Gold:
  • Takeaway: The host closed a successful short trade on Gold. The plan is to wait for the price to drop further and the daily chart to look bottomed-out before considering a new long position, possibly as a rotation play.