For long-term investors, consider buying Bitcoin (BTC) in the high-conviction zone between $85,000 and $88,800, which could mark a significant bottom. A strong bounce trade is setting up for Solana (SOL) in the $125 - $130 support zone, which is considered a high-conviction setup. Ahead of its pivotal earnings report, look to buy NVIDIA (NVDA) on a dip into the $175 - $182 support region for a potential bounce. A similar bounce play is developing in MicroStrategy (MSTR), with a potential entry at current levels and a defined exit if the price closes below $170. Finally, consider entering a long position on Taowao (TAOWAO) by placing buy orders in the $300 - $305 range to catch a potential sharp dip.

Bitcoin (BTC)

• The speakers note that Bitcoin is breaking down and causing panic, but they advise against it, suggesting they have a guide for key levels.
• The current price action is described as "chop," where both bulls and bears are getting "rinsed" (liquidated).
• A key short-term level to watch on the one-hour chart is $92,900. A sweep below this low is considered a possibility.
• Another potential support level from a few months back is $91,600.
• The Fear and Greed Index is at 14, which is considered low and potentially a sign of a bottom forming. The speaker was hoping for single-digit figures.
• Historically, major pullbacks on BTC have been between 21% and 33%. The current drop is 26% so far.
• A 32% drop from the recent high would take Bitcoin to the $85,500 level, which aligns with a major Fibonacci retracement level (78.6%).
• The three-day chart oscillator is nearing a bottom, suggesting a reversal could be coming.
• A "monster region" and "high conviction long zone" is identified between $85,000 and $88,800. A capitulation into this zone could be a "serious local bottom."

Takeaways

• Short-term traders should watch the $92,900 and $91,600 levels for a potential bounce or long entry.
• Long-term investors or those looking for a major entry point should consider the $85,000 - $88,800 zone as a high-conviction area to buy, as this could mark a significant local bottom.
• The current market sentiment is extremely fearful, which historically can be a good time to look for buying opportunities.

NVIDIA (NVDA)

• NVIDIA is described as "holding up the global stock market."
• Earnings are coming on Wednesday, which is expected to be a major event for market sentiment.
• The average move for NVDA on earnings is 7%, either up or down.
• The stock is currently dropping into a support zone ahead of the earnings report.
• The speaker is looking for a long/bounce play on NVIDIA in the $175 - $182 region.

Takeaways

• NVIDIA's earnings on Wednesday will be a key catalyst. Expect a significant price move of around 7%.
• A potential trade idea is to look for a long entry (buy) in the support zone between $175 and $182 in anticipation of a bounce, essentially "playing the earnings casino."

Crypto-Related Stocks (MSTR, COIN, CRCL)

• With weakness in the crypto market, attention has shifted to crypto-related stocks like MicroStrategy, Coinbase, and Circle, which have "melted down."

• MicroStrategy (MSTR):

  • The speaker is currently building a position, looking for a bounce.
  • The stock is in a key Fibonacci retracement zone (78.6%).
  • A potential cut/exit zone is a close below $170.
  • The bounce could be short-term but might yield a 10-15% or even up to 37% gain.

• Coinbase (COIN):

  • Similar to MSTR, the speaker is looking for a bounce as it moves into a macro support zone.
  • The target bounce zone is between $240 and $257.

• Circle (CRCL):

  • The stock is described as "trending to zero," down 74% from its highs.
  • The speaker speculates that at some point, it will have a "revenge bounce" and could be something to look at buying. It is currently trading at $76.

Takeaways

• MicroStrategy (MSTR): Consider buying for a potential bounce. A stop-loss or exit strategy should be considered if the price closes below $170.
• Coinbase (COIN): Look for a potential bounce play if the price enters the $240 - $257 zone.
• Circle (CRCL): For higher-risk investors, this heavily sold-off stock could be a candidate for a "revenge bounce" play.

Ethereum (ETH)

• ETH is noted as holding its support level at $3,000 on the three-day chart, which is seen as a positive sign.
• This $3,000 level is considered a reasonable short-term bounce zone.
• If a bounce occurs, the target resistance levels are $3,400 to $3,500.
• If ETH closes below $3,000, it could signal more downside.
• Lower support levels to watch if Bitcoin dumps to the mid-$80k range are $2,750 and $2,150.

Takeaways

• ETH at $3,000 is a key support level. This could be an area to look for a long entry with a target of $3,400-$3,500.
• A close below $3,000 should be treated as a risk-off signal, with the next major support levels being $2,750 and $2,150.

Solana (SOL)

• The speaker took a stop-loss on a recent SOL trade, indicating current weakness.
• A "big zone" and "macro 78.6%" Fibonacci level for a potential high-conviction bounce is between $125 and $130.
• There are signs of bullish divergence on the daily and 12-hour charts, which can signal a potential reversal is forming.
• Even if you are bearish long-term, a bounce from these levels could be significant (20-35%) and worth trading.

Takeaways

• The primary zone to look for a strong bounce in SOL is $125 - $130. This is presented as a "banker" trade setup.
• The presence of bullish divergence suggests that downward momentum is slowing, adding confidence to a potential bounce from the target zone.

Taowao (TAOWAO)

• The coin has dropped 40% in a short period.
• Both speakers agree on a key support zone for a potential bounce.
• The zone is an order block that intersects with a trendline.
• The entry zone for a long trade is identified between $300 and $305. The idea is to catch a wick down into this area.
• Technical indicators like the MACD and RSI are bottoming out, supporting the case for a recovery bounce.
• A potential long-term target mentioned is $500+, though it "feels like a long way" off.

Takeaways

• A high-conviction long entry zone for TAOWAO is between $300 and $305.
• Traders could place limit orders in this zone to catch a potential capitulation wick before a bounce.
• The trade is supported by multiple technical indicators suggesting a reversal is near.

Other Altcoin Opportunities

• Zcash (ZEC): A short idea was mentioned with a possible short entry zone between $8.20 and $9.00.
• Hyperliquid (HYPE): A rumor that it will launch a native borrowing/lending market is considered bullish. The swing trade long zone is between $35 and $36.20, with a lower support at $32.
• Astar (ASTR): A whale was noted adding $1 million to their position.
  • A "local bull zone" for a bounce is $1.15 - $1.185.
  • A deeper "shit the bed" support level is at $1.06.
• Aerodrome Finance (AERO): The coin is dropping into a bounce zone defined by a 0.5 Fib level and an order block.
  • The speaker suggests laddering in (buying in increments) from the current price down to $0.72.
• Internet Computer (ICP): A long trade setup was presented.
  • The entry is based on a final dip to the 100-day moving average to create a double bottom.
  • The target long entry price is $4.66.
• Pump (PUMP): A head and shoulders pattern has played out, suggesting more short-term pain.
  • Key long zones to watch for a bounce are $27 and $23. A bounce from $27 could yield 20%.
• Virtual (VIRTUAL): Currently in a possible bounce zone at $1.08. However, a much higher-conviction long zone is lower at $0.89.
• Aave (AAVE): The speaker is attempting a long at the $172 support level.
  • The target for this bounce is $202.
  • If the $172 level is lost, the next major support is $149.
• Dusk (DUSK): Presented as a "shitcoin casino" short trade.
  • The entry zone for the short is between $0.074 and $0.076.
  • A stop-loss is crucial and should be placed above the order block. The target is a drop of around 10%.
• Brett (BRETT): The speaker simply said, "go long Brett."