Consider scaling into Bitcoin (BTC) long positions within the key support zone of $117,000 to $119,500. Meta (META) presents a favorable risk/reward long trade near its 200-day moving average, targeting $902 with a suggested stop-loss around $664. As it breaks out from a major chart pattern, Coinbase (COIN) is seen as a long-term bullish investment with potential price targets of $514 and $656. NVIDIA (NVDA) is also breaking out, with analysis suggesting a potential price acceleration up to a target of $211. For alternative strategies, a key opportunity exists in airdrop farming on the Gravity platform, where early trading activity may qualify users for a future token airdrop.

Gold

• The price of gold is described as being in a parabolic move, meaning it has been rising very quickly.
• The speaker warns that if there is a significant pullback, it could be very aggressive.
• A potential target for a pullback is the 50% retracement level from the recent move up.
• The speaker advises against shorting gold (betting on the price going down) while it's in "price discovery mode" (making new all-time highs), calling it a "very dangerous environment."

Takeaways

• For current holders: Be aware that while the trend is strong, any reversal could be sharp and fast.
• For potential buyers: A deep pullback to the 50% level could present a buying opportunity, but wait for the price to stabilize before entering.
• For traders: Shorting is considered extremely high-risk. The suggested strategy for shorting would be to wait for a confirmed breakdown, a bounce (complacency bounce), and then short the resulting lower high.

Silver

• Silver has officially broken out to new all-time highs.
• The speaker is extra cautious at these levels, watching for a potential "swing failure pattern," where the price briefly breaks a high and then quickly reverses.
• This potential reversal could form the "handle" part of a massive, multi-decade cup and handle chart formation, which is a long-term bullish pattern.
• A deep pullback could target the $43,804 level.

Takeaways

• The speaker believes longing (buying) silver at its current all-time high is "crazy" and too risky.
• For the bullish case to remain intact, silver needs to consolidate sideways and form a stable price range at these high levels.
• Be cautious of a sharp reversal after making new highs, as this could signal the start of a significant correction before the next major move up.

Stock Market & Key Stocks

S&P 500

• The index is consolidating near its all-time highs.
• The sentiment is bullish ("long and strong") as long as the index stays above the 6,615 level.

Nasdaq

• The index is continuing to "melt up" and has moved up 52% from its lows.
• A potential next target is 648, which corresponds to a 1.618 Fibonacci extension level.

Apple (AAPL)

• The chart is forming a bull flag, which is a bullish continuation pattern.
• The expectation is that the price will continue to go higher.

NVIDIA (NVDA)

• The speaker is in a long trade on NVDA as it is breaking out.
• The expectation is for an "acceleration up to $211."

Tesla (TSLA)

• Any pullback or consolidation that holds above the $410 level is viewed as a potential opportunity to open a long position.

Meta (META)

• The stock has pulled back to its 200-day moving average, which is seen as a key support area.
• This area offers a good risk/reward setup for a long trade.
  • A stop loss could be placed around $664.
  • The price target is the 1.618 Fibonacci extension at $902.

Coinbase (COIN)

• The stock is breaking out from a large cup and handle formation, which is a very bullish long-term pattern.
• This suggests much higher price targets are possible, specifically mentioning $514 and then $656.

Robinhood (HOOD)

• The stock is described as "trading like an altcoin" and is considered super bullish.
• A key support level to watch is $140; a stop loss could be placed just below this level.

MicroStrategy (MSTR)

• The speaker views MSTR as a potential leading indicator or "omen" for Bitcoin.
• A comparison was made to 2021, where MSTR showed weakness (a lower high) while Bitcoin made a new all-time high, signaling that the market was late in the cycle.
• The key level to watch is $300. A break below this level is considered a "highly risky" signal for the broader crypto market.

Bitcoin (BTC)

• BTC has recently hit a key weekly support level around $119,000.
• The speaker believes there is still a possibility of "one more leg down" for the broader crypto market, especially altcoins.
• A major "buy the dip" opportunity for Bitcoin is identified in the zone between $119,500 down to $117,000.
  • This area is significant because it contains a daily "fair value gap" and the key 50% retracement level of the prior move up.
• Strategy: The speaker suggests not going "all in" at once, but rather scaling in with smaller buys near the top of this zone and larger buys closer to the bottom ($117,000).
• Risk Factor: If today's daily candle closes red, it would mark three consecutive down days, which often signifies the start of a short-term corrective trend. Even in this scenario, a bounce from the buy zone is expected, which would still allow a trader to take some profit or move their stop loss to break-even.

Takeaways

• The primary buy zone for Bitcoin is between $117,000 and $119,500. This is where traders might look to enter long positions.
• The overall bias is still bullish, with the expectation that this pullback will form a "higher low" before prices move up again.
• The performance of Bitcoin is expected to be stronger than altcoins in the short term, as indicated by the rising Bitcoin Dominance chart.

Ethereum (ETH)

• The ETH/BTC trading pair is expected to drop further to a key support level at 0.03188.
• A bounce from this level on the ETH/BTC chart would present a "very good buying opportunity" to accumulate Ethereum.
• This potential bounce in ETH could coincide with a peak in Bitcoin Dominance, potentially kicking off an "ETH season" where Ethereum and related coins outperform.
• A good USD price range to look for buying opportunities in ETH is between $3,500 and $3,800.

Takeaways

• ETH may underperform Bitcoin in the immediate short term.
• A key level to watch is 0.03188 on the ETH/BTC chart. A reversal there could be a strong signal to buy ETH.
• If ETH performs well, it could trigger a rally in Layer 2 tokens built on Ethereum.

Investment Opportunities & Themes

Airdrop Farming on Gravity (ZK Sync)

• A major opportunity highlighted is participating in airdrop farming on a platform called Gravity.
• Gravity is a trading platform built on ZK Sync, a Layer 2 scaling solution for Ethereum that focuses on privacy.
• The Strategy: By trading on the platform, users can earn points that will likely qualify them for a future airdrop of the platform's token. This is presented as a lower-risk way to gain exposure to a new project.
• Key Insight: The speaker emphasizes that getting in early is crucial, as early users often receive a "multiplier" on their points, leading to a larger airdrop. This is compared to previous successful airdrop farms like Aster and Hyperliquid.

Privacy Narrative

• The "privacy" theme is mentioned as a current market narrative.
• The strong performance of Zcash (ZEC) is cited as evidence of this narrative gaining traction.
• The opportunity on Gravity/ZK Sync also ties into this theme.

Altcoins

Aster (ASTR)

• The price is down significantly, described as being "absolutely pummeled."
• The speaker notes that new coins often pull back 60% to 70% from their all-time highs.
• Potential buy zones to watch for a bounce:
  • $1.00 (a ~60% pullback)
  • $0.72 (a ~70% pullback)
• Takeaway: Do not blindly buy at these levels. Wait for the price to show signs of strength and stabilization before considering an entry.

Sonic

• The price has broken down through a key support level and now looks "rejective."
• The next potential support level and area of interest is the "range quartile" at $0.24.
• Takeaway: The chart looks "ugly," and the speaker is waiting for strength to develop before considering any trades.

ENA

• The chart looks bearish as it is losing its mid-range support level.
• The next likely target and potential bounce zone is at $0.38.

Useless

• This was a successful trade mentioned on the show, having run 119% from the entry point.
• The speaker believes the current price is a good profit-taking zone.
• A pullback is expected, with a potential re-accumulation (buy-back) zone between $0.24 and $0.28.

Toshi

• Another successful trade that has performed very well.
• The speaker is looking for a pullback into the $0.0007448 level as a potential area of interest to re-enter.

Avalanche (AVAX)

• The sentiment is bearish.
• The speaker believes a major long-term trendline that many traders are watching is likely to break.
• The next downside target is $22.

Solana (SOL)

• The speaker does not like the chart for a long trade, calling it "sloppy."
• Similar to AVAX, there is a risk of a key trendline breaking, which could send the price down to $175.

BNB

• BNB has been very strong and is in a clear uptrend.
• It is currently at a critical level. If it fails to break above the $1,314 resistance area, it could see a sharp correction.
• Takeaway: Shorting a strong trend is risky. However, a rejection from the $1,300 - $1,314 area on the 4-hour chart could present a shorting opportunity. For now, the trend is up.