Consider buying Ethereum (ETH) on a pullback to the $3,900 support level, which is seen as a prime entry for a potential move towards $5,000. For equities, Palantir (PLTR) presents a bullish opportunity with a strong entry zone between $170 and $174, targeting a potential 30% upside to the $222 region. Investors with a longer-term view on Bitcoin (BTC) should watch for a drop to the $106,750 level, identified as a high-conviction buying opportunity. A bullish trade setup was identified in Asta (ASTA) with a potential long entry around $1.338, targeting $1.48 with a stop loss below $1.29. Conversely, traders could look for a short-term bearish trade on Solana (SOL) if it reaches the $201 - $206 resistance zone.

Bitcoin (BTC)

• The host is currently short-term bearish on Bitcoin and is holding a short position.
• The discussion highlights two potential scenarios:
  • The "Asshole Move": A pump up to key resistance zones to trap bullish traders before a move down.
  • The "Terrifying Move": A drop to major support levels, which would cause market panic but would be seen as a prime buying opportunity.
• Resistance / Short Zones:
  • $116,600 - $117,000: This is described as the primary rejection band to add to short positions.
  • $120,000: A secondary, more extreme short zone.
• Support / Long Zones:
  • $110,270: The first major support level to watch for a potential long entry.
  • $106,750: Described as the "max bearish" and "high conviction long zone." A drop to this level is expected to cause extreme fear, which the host views as a strong signal to buy.
• It was noted that on the Coinbase chart, the large wick from the weekend crash was already filled, which could suggest that the worst of the selling is over and the market could move higher from here.

Takeaways

• Traders could consider looking for short-term short opportunities if Bitcoin pumps into the $117,000 resistance area.
• Investors with a longer-term bullish view might see a drop to $110,270 or especially $106,750 as a significant buying opportunity for a long-term position.
• The fact that the weekend crash wick was filled on some charts could be a bullish sign, potentially invalidating the need for another deep drop.

Ethereum (ETH)

• The overall sentiment is bullish on pullbacks, meaning the host is looking to buy ETH if its price dips to specific support levels.
• A price target of $5,300 from analyst Ben Cowan was mentioned as a level to keep in mind.
• Like Bitcoin, it was noted that the weekend price wick on ETH was filled about halfway, which could be a sign that a bottom is in.
• Resistance: The primary resistance level to watch is $4,225.
• Support / Long Zones:
  • $4,000: The first key support zone, identified as a good area to look for long entries.
  • $3,900: Described as an "absolute cracker" of an entry zone. The host believes a bounce from this level could be the move that eventually takes ETH to $5,000.

Takeaways

• Investors could look to enter long positions or add to existing ones if ETH pulls back to the $4,000 or $3,900 support levels.
• The $3,900 level is considered a particularly strong buying opportunity for a potential major move upwards.

Palantir (PLTR)

• The sentiment is bullish, with a specific trade setup discussed.
• The analysis suggests PLTR is at a strong support confluence, including an ascending channel, the 50-day moving average, and the previous week's low.
• Entry Zone: $173.43. Another host mentioned having a personal limit order set at $170.
• Price Target: The top of the ascending channel, around the $222 region.
• This trade was presented as having a potential 30% upside.

Takeaways

• Investors interested in Palantir could consider the $170 - $174 area as a strong potential entry point for a new position.
• The trade has a clear target around $222, offering a defined risk-to-reward setup.

Gold (XAU)

• The sentiment is bearish, with the host actively shorting Gold during the show.
• Entry Zone: A short position was initiated around $4,112.
• The trade was taken with 60x leverage and is based on a technical rejection from a Fibonacci level.

Takeaways

• The host is betting on the price of Gold to go down from its current level.
• This is a high-risk, leveraged trade. Investors should be aware that shorting assets, especially with leverage, carries significant risk.

Solana (SOL)

• The host was personally liquidated on a leveraged long during the weekend crash but notes that the key support level held on major spot exchanges.
• Support: The main support level is $170, which held on the Binance spot chart.
• Resistance / Short Zones:
  • $201 - $206: The first area to look for a potential short trade.
  • $217 - $218: The next major resistance zone if the price breaks higher.

Takeaways

• While the $170 level has proven to be strong support, the current strategy discussed is to look for short-term bearish trades at the $201-$206 resistance zone.
• A break above $206 could see the price move towards the $217 area.

Other Altcoin Opportunities

Kawa (KAWA)

• Sentiment: Bearish. The coin is considered "super overcooked" after a 226% bounce and is showing signs of exhaustion (triple bearish divergence).
• Short Entry Zone: $4.29 - $4.30.
• Short Target: Around $3.55.
• Takeaway: After a massive run-up, KAWA may be due for a significant pullback. Shorting in the $4.30 area could be a potential play for bearish traders.

Synthetix (SNX)

• Sentiment: Bearish. The coin is described as "super overcooked" and the host is attempting to short it.
• Risk: The host warns that shorting is very risky as the coin could continue to squeeze higher towards $2.60 or even $3.00.
• Takeaway: This is a high-risk counter-trend trade. While a pullback is expected eventually, traders should use very small position sizes and be prepared for more upside volatility.

Asta (ASTA)

• Sentiment: Bullish. The host entered a long position live on the show.
• Entry Zone: $1.338.
• Stop Loss: A hard stop loss was recommended around $1.29.
• Target: $1.48.
• Takeaway: ASTA is seen as a good buy-the-dip opportunity at its current levels, with a clear invalidation point if the price drops below $1.29.

Cake (CAKE)

• Sentiment: Bearish. A short trade setup was presented.
• Short Entry Zone: $3.58 - $3.59.
• Short Target: Around $2.60.
• Takeaway: The trade is based on a rejection from a long-term resistance channel. Bearish traders could look to enter shorts near $3.58.

Hype (HYPE)

• Sentiment: Bullish. A long trade setup was presented based on a trendline bounce.
• Entry Zone: $39.20.
• Stop Loss: Around $38.00.
• Takeaway: HYPE offers a straightforward technical trade. A long entry at $39.20 with a tight stop loss below $38.00 is the proposed strategy.

Sui (SUI)

• Sentiment: Bullish on pullbacks, but approaching key resistance.
• Resistance Zones: $3.05 - $3.10 and a larger zone at $3.30.
• Support / Long Zone: $2.58.
• Takeaway: Investors could look for a long entry if SUI pulls back to $2.58. Alternatively, traders could watch for a rejection at the $3.10 or $3.30 resistance areas to take profits or enter short positions.

Avalanche (AVAX)

• Sentiment: Cautiously Bullish. AVAX is in a "squeezy setup" but is currently under major resistance.
• Key Level: $23, which is the 200-day moving average.
• Strategy: The key is for AVAX to break above $23 and then successfully retest it as support. If this happens, it could open up targets at $25.50 and $27.90.
• Takeaway: This is a trade to watch rather than act on immediately. A confirmed break and hold above $23 would be the bullish signal to enter a long position.