Consider taking profits on Gold (XAU) as it is viewed as an overcrowded trade; the host is actively shorting the asset. For those holding Bittensor (TAO), taking profits is advised as it approaches a massive resistance zone between $481 and $500. A high-conviction short opportunity may present itself for Enzyme (MLN) if the price reaches the $16.56 level. Sui (SUI) is entering a danger zone around $2.65, presenting a chance to short the asset before a potential pullback to the $2.47 - $2.51 support zone. Be cautious with Bitcoin (BTC) and Ethereum (ETH) as they push into resistance, with a key short zone for ETH between $4,060 and $4,120.

Bitcoin (BTC)

• The host notes that Bitcoin is pushing into resistance on a Sunday, a pattern that has often been a "fake out" leading to a Monday price drop.
• A poll in the chat showed that 59% of viewers expect a pullback, while 41% are bullish.
• A tweet from John Bollinger (creator of Bollinger Bands) was highlighted, stating it's "time to pay attention." The host notes that the last time he tweeted this, BTC doubled in price, which is a historically bullish signal.
• The 2-hour chart oscillator is described as "overcooked," suggesting a short-term pullback is likely. However, the 8-hour and 12-hour charts look okay.

Takeaways

• Short-Term Bearish / Cautious: The current price action is running into several layers of resistance. These are considered danger zones or potential areas to take profit on long positions or open short positions.
  • Danger Zone 1: $109,700
  • Danger Zone 2: $111,000 (described as a "final gift" before a potential rejection)
  • Danger Zone 3: $114,000 (described as a major rejection zone)
• Potential Long Entries: If the price pulls back, these are the key support levels to watch for potential bounces or long entries.
  • Scalp Long Zone: $107,500 (short-term support)
  • Primary Long Zone: $106,000
  • Major Bounce Zone (if a larger drop occurs): $98,000 to $100,000

Gold (XAU)

• The sentiment is strongly bearish. The host believes it's time to rotate profits from Gold into other assets like crypto.
• The reasoning is that Gold is hitting all-time highs and receiving significant positive media attention, with banks calling for prices like $5,000. This is often a sign that large, institutional players are selling their positions to retail investors.
• It is described as the "most overcrowded trade right now."
• The host has personally opened a short position on Gold.

Takeaways

• Action: Consider taking profits on Gold positions. The host is actively shorting Gold.
• Key Level to Watch: $4,380. A sustained price move above this level could invalidate the bearish thesis.
• Premium Short Zone: If the price pushes higher, the area just under $4,500 is seen as another premium opportunity to enter a short position.

Ethereum (ETH)

• Similar to Bitcoin, ETH is pumping into resistance, and the host is cautious.
• While there is a potential "double bottom" pattern forming, the host warns not to rely solely on this bullish signal.
• The 2-hour chart is showing signs of being overbought, suggesting a short-term pullback is possible.

Takeaways

• Profit-Taking / Short Zones: These are key resistance areas where traders might consider taking profits on longs or initiating shorts.
  • Short Zone 1: $4,060 to $4,120
  • Short Zone 2: $4,220 to $4,300
• Potential Long Entry: If ETH pulls back, the primary area to look for a bounce or a new long entry is between $3,800 and $3,850.
• Key Support: The extreme low to watch is $3,680.

Solana (SOL)

• The 2-hour chart is looking "tired" and showing reversal signs, suggesting a pullback is imminent.
• The price has already been rejected from the $192.50 - $193 resistance zone mentioned in a previous show.

Takeaways

• Resistance: The next major rejection zone to watch on the upside is $197.
• Support: If the price pulls back, the $185 level is a potential area for a bounce. The weekend low of $183 is a critical support level; a break below this would be bearish.
• Strategy: The host anticipates a possible scenario of a shallow dip, followed by one more push to a new high (potentially near $197) to form bearish divergence, before a more significant correction.

Sui (SUI)

• The host is currently in a profitable long position on SUI but has opened a hedge short because the price is entering a "big danger zone."
• This is a strategy to lock in profits from the long position while also profiting if the expected pullback occurs.

Takeaways

• Short Zones: The host is looking at two potential areas to short SUI.
  • Current Zone: Around $2.65
  • Higher Zone: $2.73. A push to this level would likely create bearish divergence, making it a strong short setup.
• Long Zone: For those looking to buy a dip, the target "bull bounce zone" is between $2.47 and $2.51.

Bittensor (TAO)

• The host had a very successful long trade on TAO and has just closed 50% of the position to take profits.
• The reason for taking profit is that TAO is approaching a "massive, massive danger zone" of resistance.

Takeaways

• Major Resistance: The area between $481 and $500 is a significant resistance band. The host warns to be extremely careful if the price pushes into this zone.
• Potential Long Entry: If TAO pulls back, the most probable area to look for a new long entry is between $400 and $414.

Privacy Coins (ZEC & XMR)

• The host has opened small, speculative long positions on both Zcash (ZEC) and Monero (XMR).
• The rationale is based on a strengthening "privacy narrative," potentially linked to the rollout of digital IDs, which is driving interest in sovereign, uncontrollable currencies.
• These are described as risky trades, essentially "longing the top" in the hopes of one more squeeze higher.

Takeaways

• Zcash (ZEC):
  • Support Zone: $221 to $224. A dip into this zone could be a buying opportunity for this trade.
  • Resistance/Target: $240 to $242.
• Monero (XMR):
  • Support Zone: $312 to $314.
• Overall: These are high-risk, momentum-based trades. The host is using small position sizes.

Other Mentioned Assets

• Enzyme (MLN): The host is looking to open a short position if the price squeezes up to the $16.56 level, which he calls an "epic short" zone. He advises using very low leverage for this trade.
• Pump.fun (PUMP): The host is out of his previous successful long trade. He is now waiting for a pullback to the $365 level to potentially open a new long position.
• Ripple (XRP): The host is in a short position that is currently at a loss. He is waiting for a potential final push up to the $2.47 level, where he plans to add to his short.
• Major Stocks (GOOG, AMZN, MSFT, NVDA, PLTR): The host mentioned that if the S&P 500 index shows weakness, it would present a "gift" of an opportunity to buy these stocks at better prices. No specific price levels were provided.