Transcript
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The speaker introduces the current state of the cryptocurrency market, noting bitcoin's strength and the broad altcoin rebound. He explains that the move looks like a recovery after a long bear market rather than a full bull run.
Speaker A
Foreign.
Hey, what's going on everybody?This is the blockchain backer bringing you the latest cryptocurrency news and analysis.Today we'll be talking about the total market cap of the cryptocurrency market.As bitcoin sits above $84,000, just on top of that 50 week moving average is there at about 78,000.The altcoin market continues ripping.Over here you have others, which is the entire altcoin market excluding the top 10, way above that 50 week moving average.While you also have total 3 or the altcoin market excluding Ethereum and Bitcoin and total 2, which does include ethereum in there, also sitting above that 50 week moving average.These last several days we've seen several coins catch nice bids.There was a lot of green yesterday on various altcoins, even though bitcoin has remained relatively tame in this range all week.But likely just a product of this market repricing itself after going through a nearly two year long bear market ever since the excitement of January of 2025.
And then of course hitting all those on chain losses that we've seen from historical bear markets with Bitcoin hitting 10.8 million coins in a loss, XRP hitting 42.6 billion coins in a loss.And then everybody kind of corralled around the idea that we would see 40 to 50,000, which like in 2022 everyone was corralled around 10 to 12,000.And back in 2018 and 19, everybody corralled around 1300 to.But given enough time, greed always returns to the market.This is one of those things I was saying down there.I was like, you know, after we went through that liquidation there in June, I was like, my bet is it'll take probably about 60 days and then we'll see greed return.It took about 70 to 75 for it to kind of start reemerging.But we're definitely back on the move with the crypto market.You know, whenever we start to see greed return, whenever we start to see green return, I try my absolute best to not get like YOLO excited.
Of course it's relieving.It feels good.It's nice to see the port rising.But I do try to treat my YouTube channel and the content that I put out there more analytical, more data backed, rather than being kind of the hype man that most content creation is the cheerleader on X, things like that.So people will joke that sometimes I'm like a wet blanket.You know, obviously throughout all of this we were all very Bullish, accumulating the market and you know, we're rising back up nicely.
So there'll be some things that I talk about in here that, you know, they're exciting at the same time, you know, so I have to be really, you know, cognizant of just kind of where we're at and how historically ranges do tend to get built.I've brought this up in past videos that it's very common for us to come back and hit the underside of where the market capitulated from and then we'll have one more liquidation.We see this quite often where we'll go through these massive style corrections.We'll return back to the capitulation level and then liquidate one more time.But then prices will start to push up higher again.
But it's very common that we're gonna eventually try to range out this area for some time before we actually try to go for a true expansion.You can see back in here, back in 2014, 15 and 16, right, this is where we capitulate from.Here's the backtest with the liquidation.It escapes from that range.But then notice it does have to work out that area where the capitulation took from and range out before it escapes not so much.Over here in 20, 18, 19 and 20, we had much more of a crash retrace, reaccumulation style.But then over in here in 2022 through 2024, right, there still was some stalling out that happened in here, albeit it did it relatively quickly.It still took from November until February before this range area could be left.And then of course we were even met with one more larger six month range build that happened prior to that.
I've brought it up that I could build the case that this market will recover a lot faster than what back in 2022, because we had significant breadth issues back in 2022 and 2023 where macro markets were not being expansionary.Even though we were seeing like the NASDAQ and the Dow and the S and P be able to go into this recovery, it was extreme consolidation into large gaps and that was not spread throughout markets in general.And so obviously we have this massive divergence that has taken place here between crypto and between broader markets that gives like this more optimistic outlook that we would have to remain so suppressed for so long.But there still is that challenge there of the market being able to do anything significant until that capitulation level and range can get exceeded.And we tend to find some struggling that happens in there based on Past market cycles, corrections and recoveries that that capitulation level poses some type of ranging.
And of course, our modeling that we've been using for the last year and a half also it shows that same thing on a much smaller correction.Right.This one only lasts about two to three months.Same concept.You capitulate from this level, backtest it, liquidate one more time, and then there's gotta be ranging that builds throughout here.So, you know, the big challenge will be what will all of this look like in here before we can get something more meaningful, to be able to push it all the way out.My thoughts have been we're gonna do that in conjunction with likely the tech software sector of the United States stock market.And we're just going to have to kind of wait for that to kind of play itself out.And then I'm not seeing anything here showing that it's like into expansion.Because of course, when we see some green candle show up in crypto, what's the very first thing we start seeing?
We start seeing irrationally exuberant price targets for crypto.You better hurry up and be ready.Right?But there's no real signs here yet that we're actually in some type of alt season or that things are rocketing more, so that we're just kind of rebouncing or ricocheting off of the floor of the market.That really the market is finally waking up to the idea that hey, that was the bottom, right?And so a lot of offsides capital that was looking for 40 to 50k is probably reentering.
Doesn't necessarily mean we're in expansion because we don't see that in some type of dominance collapse or in an expansion in stocks or that everything is moving together.XRP is usually a really good gauge of seeing that.Cause we've seen it in every single alt season that that's also when XRP is ripping.There has to be the macro condition in broader markets, then there's the conditions happening within the crypto market and then it's usually ripping.And so you could almost kind of use this as an alt season gauge.And what we could see is we're still kind of ranging throughout here.There's probably gonna be more ranges that get built.But overall, you know, this is what we look for.And I know this doesn't sound exciting cause people are like, oh no, I wanted to go to the moon.But we have to go through a whole process to work our way back up.
We don't just go from the bottom straight to all Time highs typically, right?
This section focuses on market structure, historical range-building, and why the current move likely needs more consolidation before true expansion. The speaker emphasizes that liquidations and pullbacks are normal in bull markets and that the current setup still looks like a repricing rather than alt season.
Speaker A
We ricochet off the floor, we bring in some excitement, we bring back greed, and then we'll find a new range and then work out a new range for a little while.And then after that range has been worked, we try to push to the next one.And you know, that's the one where things could get really nutty, right?And so my whole thought process when I'm looking at the market right now, I think of it in a context of being like, hey, look.Okay, cool, we got it right?That was the bottom.We're ricocheting.The altcoins are realizing it.Are we showing signs that this is like some full blown bull run or is this more of just kind of a recovery and repricing of extreme fear?It looks much more like a recovery and repricing of extreme fear.And so based on that, where are we at?
We're probably at the phase where we're just really ricocheting off the floor.Money's flowing back in.It's probably going to get irrationally exuberant in this range.
Too much money will get offsides at the top.There's likely going to be ranging and a little liquidation that happens to the longs.Don't be scared by that.That's going to happen many times on the way up.We are going to see many long liquidations.
I promise.We are going to see headlines multiple times of $1 billion liquidated from the market, $2 billion liquidated from the market as bitcoin crashes, right, or crypto crashes.And it's like, you know, 5, 10% pullback that happens in a straight line down because there's too much leverage built up in the system.We will see that many times because that's what always happens in every bull run.So I'm not telling you something to scare you.I'm telling you, hey, if that happens, it's probably best to not be caught emotionally offsides by that occurring because it.And historically, when you have every signal that you're in a bull run, when those liquidations eventually come, especially when we're beyond the 50 week moving average, even if we did below it.But once we've done this, when those liquidations eventually come, that's usually where fear hits max again.
People get worried again.I know it's hard to believe that in this type of environment that one day people won't trust this rally again.
I promise, I've seen it too many times.Everybody's pouring back in now.But then eventually, you know, when we get a pullback and there's like a liquidation that eventually comes.Those are usually the best opportunities historically, right?Like this was a liquidation that ended this range.This was a liquidation that ended this range.Right?Liquidation.We're always going to get them in the move up.But the best I can do is try to emotionally prepare you for that.
In a moment where things are getting a little bit exciting to say if that comes, that's usually a great opportunity.So big context, things are looking good.But we do know we're just gonna probably have to chill out throughout here.But it still leaves room for these altcoins to just kind of continue doing what they're doing.But to remember at the same time, we're not seeing something happening in here that's insinuating this is like a full blown alt season.And really alt season typically means we are breaking into a new all time high for bitcoin.So if the data changed, right, if we started seeing the bitcoin dominance break down or something like that, we could go ahead and say, hey, wait a minute, this looks like something different.This looks pretty exciting.If we saw IGV starting to push to the highs, you know, having some confluence with macro markets at the exact same time, we could say that.
We could say, wait a minute, maybe it is alt season.
I'm all for it, I'm ready to do it.But I just want to show you the data, like from a realistic standpoint to say, you know, this just looks like a ricochet.This looks like a repricing of the market.Definitely doesn't mean we can't keep going up on some of these things.Some of them have been pulled down very far.
Retracing is a significant percentage move for them and I think that's very, very realistic.But I think we all care about all time highs, right?Like I know I do.I'm not here to like day trade or do any range trading in here.I'm here to wait for things to get extremely exciting and then do the same thing all over again.Put some money in my pocket and, you know, enjoy life again.But I do think we're going to see a more exciting market this time around than we have in past markets.I've talked about that in newsletters, I've talked about that in live streams, I've talked about that in videos.Due to these elements that we have over here in macro and certainly due to this element over here in macro as well.With that Russell and that massive deviation that we have to catch up to.
And it's not, it's not just that, it's not just, hey look, there's this big catch up trade that has to happen here between these two or they have to somehow come back and meet each other.It's that we don't have this element like we had last time.And that's what was so confusing for people at the peak of the market was seeing, hey look, we haven't even gotten into a new all time high on the total altcoin market cap.How could we possibly think, you know, we're going to end up topping here and that's going to be the end of the bull run.It was because macro was really weird for the last few years when we were in that bull run which we highlighted non stop.
But that those are different this time.Right.We have a much better kind of setup and it's still not the same type of setup that you're used to if you're here and you know, or you've just studied 2013, 2017 and 2021.I do think this is more of a rotational equity top market.But that still doesn't mean it's not going to be ridiculously exciting for crypto because it's not a collapsing breadth style market which is what we had last time.So I think we could recover much faster than what we've seen.But like I showed even there on Monday, like even like a really fast recovery if you moved at this speed and okay, I got to rephrase this every time because people hang their hats on time predictions so much because time is the most valuable asset that we have.I can't predict time, I'm going to get it wrong every time.
So I'm just showing you data.Okay, like if you continued moving at the velocity that this correction has, has moved at, right?And you just kind of continued going at that speed throughout here like, like you do in here, like I showed on Monday, even that would take you to like April or May could get that style speed.That would still be the fastest recovery in crypto we've ever seen.To go from a bottom to a new all time high in, you know, nine or ten months never seen.And I think that's reasonable based on these elements over here in macro that we could see the much, you know, a really fast recovery in the market.But you know, when people hear really fast recovery, they think today, they think tomorrow, next week, next month.It's usually not that fast.I'll take it by all means, but I just don't think it'll be that quick.
So I always want to like set expectations on the words that are coming out of my mouth that we are talk a fast recovery.But in context of that, you know, moments like this to getting to the high usually take a year and a half or like in here taking just shy of two years or in here, you know, to even touch that all time high, that's a year and a half to actually get expansion, it's two years.Right.So when we talk nine, 10 months, you can see what I'm saying.Like it's a lot faster than what we're typically used to.And I truly have no clue if that's how long it's going to take.But if you moved at these speeds, that's what you would be looking at.Right.So we'll obviously continue, continue watching it as it continues to progress.So main point of all of it is, is that we still look very good over here in the cryptocurrency market.
We look good for bitcoin.We're looking just like what a recovery should look like.It's exciting.
It feels good.Markets in the morning we had, you know, some more positive sentiment in markets in the morning than we typically do.I wouldn't call it euphoric, but I do think it's more of like the sigh of relief or the weight of the world off your shoulders.I've talked about that in past markets before.I've shown what my emotional logs are, that for some reason this type of level in here, there's still weight on people's shoulders, but once you can get through that level, that weight starts to disappear.
We talked about that a lot in here as well back in 2022, that once we would exceed, you know, $32,000, a lot of that weight would start to fall off.That overhanging, impending doom style feeling starts to kind of wear off once you can get through there.That same thing was true back here back in 2018 and 2019, that we had to kind of get through that to get rid of some of those feelings of like this market.It feels so bad.And I've gone through my emotional logs of going through this because I documented that whole period in there and then well into here as well.And I just emotionally know what it feels like for people and then especially to exceed that moment and that we're seeing those emotions start to become better here in the market.And I don't think it's anything of irrational exuberance or extreme risk taking or unnecessary excitement.
Right.Because we watch out for those things.We watch for if people are too excited or not, it's just absolutely natural to get through that area and people start to feel a little bit better.
The discussion shifts to altcoin fundamentals, token value accrual, and why certain sectors like Litecoin and Ethereum are showing strong accumulation structures. The speaker compares current charts to past Wyckoff-style setups and argues that the broader market is confirming a bottom.
Speaker A
So, you know, the thing, of course, you know, I've spent for the last several months has been like looking at altcoins, trying to figure things out when it comes to percentage drawdowns.Developer activity utility, you know, whether or not a blockchain necessarily even needs the token to be successful.You can have a blockchain that is incredibly busy, has a lot of activity on it, but does any of that activity actually drive into token demand or into value accrual for a token, right?Does it cause it to burn more of the tokens or is it forced buybacks of the token?Right.And then when I wrote my recent newsletter, we went back and kind of looked at, you know, how have those different sectors been performing?How has developer activity performed?How is utility percentage drawdowns, token value accrual, Right?And things kind of fall into different buckets when it comes to token value accrual.
Because obviously bitcoin doesn't have any type of token value accrual or any type of burning mechanism outside of, you know, there is a transaction fee that gets paid to miners, but we don't have like anything that's like necessarily like some type of activity on the bitcoin blockchain that drives more demand for the token.
Like with Hyper Liquid, it forces buybacks of the token or ethereum, it burns the token, right?But, you know, then you have one other sector of the crypto market in that bitcoin bucket outside of things that are just like token demand, you know, equates to value accrual.But then you have this other sector, right?You have like the monetary pass stuff.You know, you've got your bitcoin, you got your bitcoin cash, you got your litecoin, you got your zcash, right?These are all just monetary passes, right?They're not busy blockchains by the means of, you know, NFTs or meme coin trading or.And that sector has been interesting because it's been performing well as well.And I brought it up in the video or excuse me, I brought it up in the live stream on Wednesday, right?How some of these look so fascinating.I even tweeted about it over there with litecoin.
And I want to be really clear here.This is not going to become a litecoin channel.And if people are asking me about litecoin and markets in the morning, do you
Speaker B
still like litecoin?
Speaker A
I Won't answer you.I'm beaten down by you guys when it comes to altcoins.But we can just see it in here, just on these massive ranges that have happened here in the market.And then these accumulation structures that have happened in here for these.And it just looks so awfully similar to what we've seen before.And the behavior is so similar.And it would make perfect sense for this type of behavior to happen in here.Why?Because we have the elements that are different in this market for us to be able to do something significant like that.But at the same time, all the structures there for it.And so we just have this massive range with all of the same style behavior.We capitulate in here for our selling climax.And there goes Wyckoff accumulation with the automatic rally, secondary test, secondary test in phase B resistance and spring.
Just like XRP did back there from 2014 to 2017 with, you know, the rally retrace, then you capitulate into your selling climax, automatic rally, secondary test, secondary test, and phase B and spring.We talked about something very similar to this back in 2022 when Binance Coin was doing this, right?Here's your capitulation level, breaks on down.There's your selling climax.And then off and away we go with Wyckoff accumulation still having to be stuck underneath here as it accumulates with our automatic rally.Our secondary test.Our secondary test in phase B followed by spring.And it's that typical stuff we talk about with liquidations in there where we liquidate, but then we have one new low.Just like all these discussions that we've had in here for bitcoin, that these are not unusual behaviors to happen in here for a market, and that the crashing structure is probably the most fascinating thing in the world because you can really find it everywhere and pretty much nail bottoms on it.
That will liquidate.And then there's the new low, right?You'll liquidate, and then there's the new low.
And then often to recover, you go that that's what was happening here on this Wyckoff accumulation after this selling climax built underneath this capitulation resistance, right?There's your liquidation, there's your new low, and then there goes a recovery, right?Then when we talk about this on these things, that's exactly what was going on here on these accumulations as well.And you know, what we have happening here on litecoin more clearly right now, and it's not that litecoin is the best coin in the market.It's just one that's really clean to read, right?And there's our liquidation, there's our new low, and then there's our recovery, right?It's highly unlikely that litecoin can do anything in an isolated chamber, because it never does.The whole market never does.It's always in conjunction together.And so people want to stare at altcoins all the time, analyze this, analyze that, and frankly, it's just a macro trade, right?
It's a big broader context move, but it's probably the most exciting one because it's telling us a different story in here from what we've seen in, or at least what we saw in the last market cycle, that we have this potential, that we've built, these monstrous ranges.Some of them are more pretty than others.That you could argue the same thing here, but it's just stronger in here for Ethereum that the Wyckoff is here, right?This is your selling climax with your automatic rally, your secondary test.Then here comes your secondary test in phase B, right?Here's your spring with your liquidation.There's your new low, there's your bottom, and then now recovering, right?This is just one big giant Wyckoff happening throughout here.And that, you know, we're probably seeing these same things happen, not just in litecoin or like over in here, like on chainlink with all the same stuff in here, you know, that we've got it all the crashing structures to complete, you know, Wyckoff accumulation with our spring down here.
But we've got them over here on the big boys too, like Ethereum.And then of course, at the same time, really just standard stuff in here, standard corrective stuff happening here for XRP to be able to turn its way back up.So, you know, I'm not here to be a litecoin maxi.I don't have that much passion about it by any means.It just has a very clean chart in here from things we've seen.And then when you really kind of apply that to the rest of the market, we can see that elsewhere, too.
Some charts don't look very good.Like, some coins have been demolished throughout the market.Coin's done very well.Litecoin is also in one of the percentage drawdown categories, being in the top 20 shallowest drawdowns from the top 100 by market cap.So it's held up very well, and I think you can see why.I think it's likely a Wyckoff accumulation.And it's been a meme too.Like, I remember it being here in 2017.I remember Litecoin being 50 to $55.And I remember being here, oh my gosh, it's been 50 to $55 for forever.Who would have thought we'd see it again and again and again and again again.So it's nine years, right?And of course, it's just looked at at this point and kind of given up on by the crowd, similar to how zcash was, right?Like, people hated it.Like, nobody cares about litecoin anymore.
But you know what happens, right?The crowd doesn't care until the price is way higher.Similarly to zcash, it was the.I got clowned on on that coin more than any coin I've been clowned on in the history of my life.And then now look at it like everybody and their grandma owns zcash.So I just wouldn't be surprised to see the same kind of thing over here with litecoin, which is very similar when it comes privacy stuff.And I'm not here to pitch litecoin to you because I just don't care.I'm not some like Litecoin maxi that it's going to change the world or anything.And it doesn't represent a huge part of my portfolio.It's 2.5% of my portfolio.I have a lot of, a lot of altcoins.As crazy as it may sound, altcoins still do make up 80% of my cryptocurrency portfolio.
Bitcoin's 20%.But I thought these were fascinating things to show you because this is likely not a product of litecoin, but a product of what the whole market has been doing for years now.And that things like near are recovering very well.Right.Like here's October 10th back in here.Right.And here's Uniswap.Right?Like here's October 10th right back here, right?Recoveries are happening.This is a change of market dynamic happening in here.And I get it.I'm showing the rock stars in here.You have plenty of stuff that has not come close to October 10th.I mean, you got Adam right here.Avax is still well below that October 10th.Hedera hashgraph well below Polkadot, there's October 10th.Right.So I'm not trying to paint a picture that this whole market is rampaging and going back above October 10th.But what is very obvious is that some coins are doing very well and a dynamic is shifting in here, right.
Of accumulation bouncing off of a floor.We had to tough it out during the tough times, but we were very data oriented and, you know, studied the unchained studied the technicals, everything that said, here's what you're betting against if you don't think it's the bottom.Here's all the stuff you're betting against if you don't think it's the bottom.And now we're just kind of reaping the rewards.We're seeing the market start to recover and confirm all the confir we've already seen.Right.To see some of these altcoins really ricocheting back up, exceeding October 10th or producing these accumulation schematics that look like springs and trying to work on a sign of strength phase in the market.It's all very exciting, it's all great.
And it's still just a reiteration of showing breadth and how we can study how the whole market is behaving together and that it's not some isolated chamber of one coin does this, another coin does that.We see it throughout the whole market.We showed the this back in August.Hey look, the breadth has finally arrived.It's finally woken up.That's what symbolizes the bottom is happening in here.And so it's no surprise to see these types of things happening in a market.When we went through this just prolonged period of no breadth.And then finally when it arrives, that has marked the bottom is in.Right.And like these, you know, this is obviously bitcoin, this is from back in 2015.Just the same stuff selling climax, secondary test, secondary test and phase B spring and then recover.
The speaker wraps up by reinforcing that the market looks healthy but still needs time to build a range and potentially set up a larger move. He closes with sentiment on relief, long-term holding, and a newsletter promotion.
Speaker A
And these are these types of things that we see here in this market as well.Right.Let's kind of give you an example in there of what a spring looks like with the secondary low.Right.The crashing structure.That's what you have throughout all this stuff too.So market looks good.It's just likely going to take some time to work its way out.We're seeing some stuff recover much faster than others.That's very typical.I want to make sure that I'm setting the stage and the picture in here of that again, it's still just confirming the bottom is behind us.This we're seeing the market rampage.We're likely going to have a nice range build at some point.
Sentiment will deteriorate at that point.And I'm not calling for that sentiment deterioration to start today or even next week, but to set like those time expectations on being like, hey, usually this is like, you know, this takes several months to play out in here.Don't get too caught up into debt into today or next week.That's not the Way I look at it and that's not the way I'm presenting things or thinking about the market I'm in long term holds, I'm not day trading any of this stuff.I'm just, just holding on for dear life.And that's my strategy.You do whatever you want.But when I present stuff, you know, I'm presenting it from the idea that I'm going to be holding for a while and I'm fully prepared to have to hold through a range before it can finally break out.Even if it's a multi month range.
Right.We don't have any elements in here saying we're like rampaging in an alt season, yet we're still just rainbow where we have on the bitcoin dominance.For me, like I'm looking for a massive move and that's where I'm going to be.Like that's it, I'm pulling the plot and it's probably a long process to get there.And what we can just see in here is this is not symbolic of an actual alt season happening.This is symbolic of a repricing happening for the whole market because there's no deviation between the altcoin market and between bitcoin.
So that's our context, a ricochet off the low, a repricing of the entire market, not an expansionary alt season.We still have to work to get to that.It's likely going to take that phase for us to be able to get there.Not this phase in here that we're likely going to have to get up here before an old season kicks off.And likely here also on the IGV with a major catch up happening between macro markets.But I don't want to put a wet blanket on it and say it's not exciting to see the market recover.It's exciting, it feels good, it should feel good for everybody.We're just going to have a long process to get there.But I'm very happy that we get to have at least some positive price action for now and a lot of relief because I even talked about it when we were down in here saying it was difficult for me to be able to relate with a lot of the depression in the market at that time because we handled the bear market so well here.
But I had enough experience in the market to know that every single metric on chain and technical matches of what we were like after FTX and everything matches on chain and technicals of what it was like down here in 2018 after we capitulated and into early 2019.And I had my own emotional log of what it was like to be down in there.And so while I couldn't relate in this moment here because, you know, we finally played one so incredibly well, I had to acknowledge it and say there's probably a lot of people who feel like that right now.And so I do know also that that relief should be there for everybody here.And so hopefully that is you, or at least for somebody who was feeling kind of downs in the dumps and had to kind of trust the process of going through all of this stuff.
Hopefully you're feeling a little bit better right now.And I do think, think in the coming months and year we'll all be holding hands, singing Kumbaya and we'll get there.So as we close out yet another positive week, which we wanted to see, right.We didn't just wanna see the 50 week moving average get broken and then fall right back through it right away.We see a continuation happening after we've gotten through that 50 week.That's great.
In the coming weeks, it'll be about where is this range top gonna start trying to build itself out at?It's gonna be difficult to try to pinpoint that until something very clear shows up, if it does.Otherwise this is all just part of the normal process of climbing its way back up looking fantastic.So I hope that you guys have a fantastic weekend.We'll check in on everything again next week as we always do.
And in the meantime, hopefully you're just feeling a sigh of relief and this weekend will feel a lot less heavy, you know, for a lot, for a lot of people who watch this channel, I'm hoping that we, we navigated that bear market so well and got that bottom so well that you didn't really get that, that really heavy feeling put on you.But if you did have that, hopefully that's starting to subside.And of course, people who, you know, played the thing.Right.Right.And bought the bottom, I'm sure you're feeling on cloud nine.So.All right, that's going to be it for this one.You guys have a fantastic weekend.Throughout the weekend, of course, check out my newsletter over [email protected] I put out two of these every month and then when I'm done putting them together, I do audio record all of them.
This one has a 48 minute audio recording where I read it to you and I go through some of the charts.This is available over [email protected] and this most recent one is the shift is already happening.This of course is us prior to breaking the 50 week moving average talking about the altcoin leaders that are emerging meme coin signaling risk appetite and the market weights on bitcoin.And history shows what starts in alt season, right?So that's why we keep kind of talking about hey, is this alt season?Is it not alt season?Is this a repricing going into the details of those types of things as well?You also get access to all the past newsletters as well if you sign up here, which I've been writing this newsletter for almost four years.So what is that 48 months about times two?You know, we're getting pretty close to almost 100.
A little bit over 90 it sounds like.But you know, the most recent ones, we really dove into a lot of those altcoin analytics if you want to see that over the last couple of months.So that's available [email protected] there's a link down here in the description of this video to the [email protected] or you can just go directly within your browser.Otherwise guys, that's going to be it for this one.Thank you so much for watching.
If you could please like this video and give it a thumbs up up.If you're new to the channel, please subscribe and hit the notification bell so you can be notified of when I create new content and when I go live.As always, this is not investment advice and I am not a financial advisor, but if you ever need a pick me up or a little bit of reassurance, just remember that the blockchain backers got your back.Have a good one.