The Wolf Of All Streets - Altcoins Pump Hard - Will Trump Make Crypto History This Week? | Mark Yusko

Episode Date: July 17, 2025

Altcoins are ripping and "Crypto Week" is officially back on after the House broke a 10-hour standoff to advance the biggest crypto bills in years. The GENIUS Act heads to a floor vote today, and momentum is surging across the market. Ethereum ETFs just posted record inflows, Bitcoin hit a new all-time high, and Trump memecoins are unlocking with a $100M windfall. I’m joined at 9 am EST by Mark Yusko and Edan Yago to break down what this means for regulation, markets, and the next crypto supercycle. Mark Yusko: https://x.com/MarkYusko Edan Yago: https://x.com/EdanYago In the second part of the show, Dan from The Chart Guys will share his market analysis and some trades. The Chart Guys: https://www.youtube.com/@ChartGuys ►► JOIN THE WOLF PACK - FREE Telegram group where I share daily updates on everything I'm watching and chat directly with all of you. 👉https://t.me/WolfOfAllStreet_bot ►► JOIN THE FREE WOLF DEN NEWSLETTER, DELIVERED EVERY WEEKDAY! 👉https://thewolfden.substack.com/ ►► Arch Public Unleash algorithmic trading. Discover how algorithms used by hedge-funds are now accessible to traders looking for unparalleled insights and opportunities! 👉https://archpublic.com/ ►►TRADING ALPHA READY TO TRADE LIKE THE PROS? THE BEST TRADERS IN CRYPTO ARE RELYING ON THESE INDICATORS TO MAKE TRADES. Use code '10OFF' for a 10% discount. 👉https://tradingalpha.io/?via=scottmelker Follow Scott Melker: Twitter: https://x.com/scottmelker Web: https://www.thewolfofallstreets.io/ Spotify: https://spoti.fi/30N5FDe Apple podcast: https://apple.co/3FASB2c #Bitcoin #Crypto #Investments The views and opinions expressed here are solely my own and should in no way be interpreted as financial advice. This video was created for entertainment. Every investment and trading move involves risk. You should conduct your own research when making a decision. I am not a financial advisor. Nothing contained in this video constitutes or shall be construed as an offering of financial instruments or as investment advice or recommendations of an investment strategy or whether or not to "Buy," "Sell," or "Hold" an investment.

Bitcoin price has stalled around 118,000, but that has not stopped some dinosaur altcoins from making serious moves. They are pumping hard. Ethereum is up 9% in the last 24 hours. XRP is up 10% in the last 24 hours. Over the last seven days, Ethereum at 23%, XRP at 33%, leading many to wonder

what could possibly be causing all of this upside price action on altcoins. Of course, a lot of that could be related to crypto week on Capitol Hill and the fact that we're likely going to get the genius act on to Trump's desk by tomorrow and signed. We've got a lot to talk about. Luckily, I've got Iago and the legend Mark Yusko here with Shark Guys on the back half. Let's go. Anytime the markets up, it's great to have a happy conversation with friends about why that could possibly be happening. So we're just going to go ahead and do that right after you like and subscribe or do whatever

you do on YouTube. I don't know. I'm a boomer. No idea what you guys do when you come here. I don't know that I've ever watched an entire YouTube video myself can be honest, the worst YouTuber in the world. Yago Mark, good morning. How are you sirs? Good morning. Good morning. And apologize for the strange

background strange tire little vacay day down here in in North Carolina. So it could be worse. I wish I was on a little vacay day down in North Carolina myself. Hey, Mark, so like, you know, Bitcoin, obviously, we're at 118 ish rounding error from the all time high. But are you wearing XRP socks? Because XRP is up like 10, you know, the XRP army. So actually, I'm not wearing any socks today, because I'm at the beach, but I do have Bitcoin orange bathing suit.

So everything's still all about Bitcoin. I've got the Bitcoin beard. I mean, it's beautiful. But look, I got in trouble with the army because I might've said that XRP is a scam. It's right here. You got me in trouble with the army too, thank you. Yeah, I know. So I might've said that.

And I actually kind of stand by it. And the fact that an asset increases in price doesn't mean that the functionality got better. It just means that there's more buyers than sellers, so the price rises. Look, I think the reality is, you said it's all politics right now. Politics and the idea that the government, and most notably the small sliver of the administration that's pushing this, really could say, I'm going to king make, I'm going to say this is the ledger we might use for this function or we're going to put some of this in our strategic reserve. Despite the fact that there's

no evidence of that, the rumors are great because Brad snapped a picture of himself at Mar-a-Lago, but I guess someone else snapped the picture he was in it with with the Donald. Yeah, we don't need to deeply dig further into that because I know your opinion and it's amazing. But obviously, I think we can talk about what the catalyst for this might be. So in previous cycles, you know that if Bitcoin goes up, and then it stalls a bit and makes a nice new high confidence in the market and all coins tend to follow. That hasn't really happened this cycle, Iago, right? But maybe now it is. I mean, we have a lot of things here happening for ETH. Obviously, the treasury companies, I think, are driving that narrative to a large degree. We have crazy inflows right now for the ETFs.

726 million in daily net inflows for Ethereum. Those are like big day for Bitcoin numbers, right? And here you go, largest corporate Ethereum holder SharpLink Gaming ads ETH worth 68 million. We know that Peter Thiel has now been added to the roster on Bitmine with Thomas Lee. I think Ethereum is pretty obvious, right? I mean, why this is happening? I mean, again, I think absolutely you're right, Scott. It is a... The problem for Ethereum over the last couple of years has been this stall in the ascent of developer activity, new product activity, because Solana and other competitors came in that were arguably better

and faster. I still have problems personally with Solana crashing on occasion. That's a bad trait in a blockchain. But I might as well piss off everybody this morning, all the armies. What are you going to say about Chainlink? I actually have nothing bad to say about Chainlink other than my absence of saying something good, they get mad at me too. So, everybody gets mad at me. But the thing that I think is so striking about ETH is, Joe Lubin is involved in the foundation, obviously, as one of the big early proponents. And he has this SharpLink Gaming Treasury Company, conversion, it now owns more ETH than the foundation. And it's never shocking when Peter Thiel shows up

given that the founder of Ethereum is a Thiel Fellow. In fact, did I ever tell you my story about the back door? All right. When I first got exposed to Bitcoin back in 2013, I did what every good normal American, who is Satoshi Nakamoto? Google it. And what pops up if you Google that is intelligence central, because Satoshi means intelligence and Nakamoto is the surname of the families in the central

provinces of Japan. That's kind of close to CIA. So I'm googling this and googling this, which is probably bad because now I'm probably on every watch list in the world. and Googling this, which is probably bad because now I'm probably on every watch list in the world. I wasn't already. And so I'm like, okay, whatever. What if the CIA created it because they knew the dollar was dead and that they were gonna have to deflate it,

devalue it to infinity to get out of debt. Because once you have debt, you can either pay it back. Can't do that. You can restructure it, can't do that because someone's got to take the other side. You can default on it. Well, you can't do that because then you get kicked out of office or you can devalue it. That's what all empires have done. They've devalued. So what if they created this new thing to get all the dollars to convert in that and then they had a back door and they just steal it all. And so Scott Stornetta, who's in the white paper, he's three of the eight footnotes, is a venture partner. And so I ran this by Scott one day and I get to the end of the story and he's like, no. Like Scott, you didn't

even think about it. How can you say no? He's like, well, it's an interesting theory and I wouldn't put it past him and it could be the case. But the way you're thinking about a back door is impossible with Bitcoin because of the air gap. But then instantaneous is both a theorem, they could definitely do that. So Joseph Levin is a Stoichin-Akamado. Is that the moral of the story? I'm just kidding. a Stoich Nakamoto set the moral of the story. I'm just kidding. No, no more that more that there could be some weird back hand, but those the CIA story about all that, that stuff. So anyway, um, it's possible. So Yaga, what do you think right now of the sort of fact that

obviously, we're seeing more interest again, and all coins, and do you think that that's aligned with the fact that obviously we're seeing more interest again in all coins and do you think that that's aligned with the fact that crypto is on the docket on Capitol Hill right now, but generally that we're seeing more progress there? I think it's definitely, I mean, when the US government announces that it's crypto week across both houses and the presidency,

you'd be a little bit surprised if it didn't have some impact. There's also a huge push and I think Lee has done a phenomenal job of sort of creating a new narrative for Ethereum in that stablecoins are extremely important. Genius Act obviously is going to make them more important and a substantial amount of them are on Ethereum. One interesting aspect of that is if that is true, then what we should be seeing very soon is a surge in Tron as well. One of the things that people don't realize is that Tron validators, right, make almost as much money as Ethereum validators.

In other words, the two chains are almost equivalent in revenue. Last year, 2024, Ethereum did 2.4 billion in chain revenue, right? So that's transaction fee revenue, run to 2.2 billion. So I think, you know, there are lots of ways to look at this, but one of the interesting aspects here is so much, yeah, Uli Wertheimer put out a really interesting post, I think it was yesterday. And he said, what we've just seen now is something that I've been talking about as well. We've seen this massive rotation of long term Bitcoin holders, either selling or seemingly rotating

into Bitcoin treasury companies. That's selling. Which is effectively selling, exactly. Right. Without having to say it. Yeah. Exactly. And so you've got a very interesting thing that's happened to Bitcoin, which is a reset. People have pressed the reset button on who are the hodlers. And when you get that, you basically build a new base of support in a much more significant way, right? That all of the people who could potentially sell out for 20,000 X gains are not all of them, but those who were planning on selling out have sold out over the last six months. It creates a very, very significant floor. And the amount of new buyers, right, which is effectively Wall Street,

corporates and governments that has entered the market. So you've got this massive new wave of demand, a floor under supply. It looks like Bitcoin is going to go hyperbolic. And one of the key points that he made was that there is no other asset in all of crypto that has the same setup. No other asset even has two out of those three elements, this massive new demand, this new floor, and the regulatory structure that has been built out for it.

So Ethereum can do well, XRP can do well, will do well. We're definitely going to see an out season, but Bitcoin is set up to be in a way that maybe it hasn't been for the last 10 years, the fastest host in the crypto space. Yeah. You know, Jakob brings up a number of great points. The revenue issue The the revenue issue around stable coins. Obviously is a monster monster issue and in the genius act is. It's it's it's like the cherry on top of the sunday sunday has already been built in terms of the support for stable coins and the use case for stable coins and even the biggest haters, the big banks are saying, geez, I guess we got to get in on this.

Circle was a great example. Circle since the IPO, even with a little downdraft since its all-time high, is up 600%. percent. And my favorite stat though was tether makes in four days what Circle made last year. So you're like, whoa, whoa, whoa, whoa, whoa. So if, you know, Circle's a 50 odd billion or 45 billion dollar market cap, how much does that make Tether worth? A lot, a lot. And it's interesting that Lutnick's firm bought 5% of Tether right before he became Commerce Secretary.

I think one of the things that I think also plays in Diago's point is, and I don't know if the exclusion on capital gains tax is included in the Genius Act or if that's in part of the other bills. But one of the things that many people in the Trump family have said over and over is, we're going to get rid of capital gains on crypto. And they keep using crypto, that word, very specifically. Yeah, they don't mean just crypto.

You think the coiners all want them to say Bitcoin, but no, no, no, no. They're equal opportunity payola, right? If you pay them enough in terms of buying Trump coin or making contributions to the political cart, they will include your coin in their list of things to be exempt from capital gains. So if they do that, think about how many people will make that trade, you know, go out of a unlevered asset into a levered asset, because you don't have to pay any capital gains, you research your basis. I think there's an explosion ready to happen. That's what the treasury company guys are basically doing right now. You take your

billion dollars worth of Bitcoin, you send it in kind to the treasury company. It's not a taxable sale. You get stock back in exchange, which is worth six to seven times your Bitcoin, which you can then borrow against for the rest of time and get more cash than you would have by selling your Bitcoin and never take a taxable anything. You get to buy a yacht, you don't have to tell your maxi friends that you're a sellout. It's literally magic right now. One of the very interesting things,

if we're on the topic of treasury companies, the last two weeks have seen a significant compression in the premiums these these companies are able to come out. I can tell you there's not nearly as much demand beyond the Adam back move, which has been planned for a while his three to 4 billion to 21 to counter Fitzgerald, the rest that are trying to do large raises are just the demand's gone. Everyone

who's going to do it has done it. I don't know if the demand's gone. I think it's saturated, right? So I think the demand might still be there. But it's just spread out over too many entities. Yeah. Yeah, there's a lot. There's a lot more places. And that's clearly happening with ETH.

I mean, Sol, you know, UPEX see and others, saw strategies that they're there. And a Treasury company that exists for any token right now is people who hold too much of that token to sell finding a way to make money on that token and to exit it. That is 1000% what's happening. This isn't conspiracy theory. You're going to see hyper liquid Treasury company. I mean, come on, hyper liquid whales send their hyper liquid to a different wallet liquid treasury company. I mean, come on, hyper liquid whales send their hyper liquid to a different wallet.

Voila, I'm a publicly traded stock now. Yeah. The only pushback I say is in Bitcoin is look, I'm a board member of MetaPlanet, you know, gonna be a board member of Nakamoto and potentially one other. And so there are Bitcoin treasury companies that are built a little different. I mean, MetaPlanet in particular has now, you know, over 100,000 shareholders. Most of the holders are and look, it is

a form of magic if you can issue new shares at a premium to your nav and buy more Bitcoin. I mean, Michael Saylor has been on CNBC talking about that. It's like, look, if you give me $2 based on a dollar of collateral, that's arbitrage. And it's a beautiful thing. And if you can issue debt at 0% interest, what know, what's interesting is there was a period like this. I hope it doesn't end the same way. I don't think it will, but you know,

there was the period where Amazon issued the no-nos, right? No interest rate, no maturity. Like that's equity, that's not a bond. But you know, people gave them money with no maturity and no dividend in a bond structure at the peak of evaluation. It took them a long time to get back to that valuation. There's... Look, your show is a perfect example of this evolution in the sense that you've been here since the beginning and you've been educating people since the beginning and the number of people who have come, watched, listened, learned, acted is immeasurable, right?

It's huge. And so that's happening all over the place as people, and I thought that the great meme the other day was a woman saying, I wish I were a Bitcoin podcast because then my husband would listen to me, ha ha ha. And it's that adoption, I mean, we're at 11-ish percent, That adoption, I mean we're at 11-ish percent, same as the internet in 1999. I mean we are going to 98, 99, right? There's still a few people in the world that don't use the internet.

Still a few people like my dad who don't have an ATM card. Like you know it's Bitcoin but he doesn't have an ATM card. I don't get it, but whatever. Mark, one quick question. As a board member on MetaPlanet, would you say that MetaPlanet has a unique advantage and maybe is undervalued as a result in that? Yes, Michael Saylor can issue 0% interest, but that always as converts, whereas, yes, let's say I'm not mistaken, can just take pure loans at 0.5% sort of prime interest.

It's a huge event. I mean, being located in Japan has two very significant advantage, Yago, that you're exactly right. One is this direct access to the debt markets at essentially zero. But the second, and that's a really important one. And then there's a second structural advantage, which is at least still right now, if you hold Bitcoin directly, you pay 52% capital gains tax. If you hold MetaPlan planet, you pay 20. Yeah.

That's a massive, massive And there's no other institutional access to Bitcoin in Japan. Right. As you know, like you're going to be obviously on the board of Nakamoto. So I think a lot of these should be very clear differentiated and that magic I'm talking about. I'm not criticizing. That's the same kind of magic that wealthy

people use to make tax efficient decisions and in all markets. It's a brilliant model. MicroStrategy was your proxy outside of GBTC for buying Bitcoin in the United States when there was no ETF. Go do that everywhere. And there's a thing, and again, brilliant point, and also there's a natural evolution. The law of small numbers applies. One of the challenges The law of small numbers applies, you know, one of the challenges for, you know, canter equity partners, even a little bit, you know, pumps amazing, right? I mean, he's been my partner since, you know, he was a kid and I was young to this, this business. And, you know, he went out and raised $750 million and that's a lot of money. The problem is when you start at 750, getting a double is a lot harder than when you start

at 20 million or 30 million and that and Cantor is even bigger. So it's going to be tougher and there's actually, I think it's called at micro strategist. I think it's at micro strategist. So he's a micro strategy guy first, but then he became a Bitcoin treasury guy. And he does these analyses and he's got this great chart. And there's a linear relationship between the MNav and the market cap, which makes sense, right? When you're small, between the MNAV and the market cap, which makes sense, right? When you're small, your ability to have Bitcoin yield that's high, meaning you can issue shares at this premium and buy a lot of Bitcoin as a percentage of your holdings, it's pretty easy.

But as you get to micro strategies, I mean, I love it. Whether it's MetaPlanet or one of these other smarter web company or whatever, announces these Bitcoin buys. We bought 158 Bitcoin or MetaPlanet. We bought 2000 Bitcoin. And MicroStrategy wakes up on Monday and buys 7,000 Bitcoin. But the price doesn't move very much because it's such a small percentage of their whole holdings. But the thing that, and back to your point, Scott, the evolution of capital markets,

you know, MicroStrategy started with the Bitcoin Treasury Company. Then they did the prefs, and then they did the converts. And if you think about that, if you can buy a bond in traditional markets secured by a fleet of pickup trucks, the problem is you don't really know if the company is lending those pickup trucks to their people on the evenings to go. You show up to collect the pickup trucks and you've got twice as many miles, so your bond is not worth as much. If your bond is secured by pristine collateral Bitcoin, that's better. And so as you start with Bitcoin Treasury Company in Turkey, and then you go to converts,

and then you go to prefs, and then you say, would I want to own Turkish bonds denominated in Lira? hell to the no what I want to own Venezuelan bonds denominated in boulevard is hell to the no what I want to own a Venezuelan company with my bonds backed by bitcoin yeah that sounds good to me so listen yaga I need your opinion on something. I know we kind of killed time here and didn't even talk about crypto week deeply, but there's something else we have to talk about. So this is from a Freedom of Information Act.

David Bailey, the CEO of Nakamoto and Bitcoin magazine, of course, he put out a tweet that said, this is in March, anyone who can tell me how much Bitcoin the US government gets 10,000 bucks, a reporter did a Freedom of Information Act figured it out, he sent him 10,000 bucks yesterday. US Marshall Service

holds just 28,988 Bitcoin bar less than expected fo i request reveals. We thought the US government had 200,000 Bitcoin probably a I'm not sure if US Marshall service holdings are the entirety of the United States government. So that's a question. But this, A, our strategic Bitcoin reserve is now a rounding error and it's 10th probably of what China has. But B, this would mean that they sold off Bitfinex's Bitcoin that was like Bitfinex's Bitcoin. Well, I mean, and you'll be making fun in Germany, right? It sold at 55K. So now we got to make fun of ourselves, too.

And what was amazing is you guys probably remember this. Remember that it was when Trump had just done Nashville and was becoming the Bitcoiner candidate. And the Democrats were like scrambling to try to sell Bitcoin. Like thinking that would get them votes. I'm like, on what plan? I guess there were probably were a few old people,

get off my yard types that said, okay, I'll vote Democratic cause they're selling Bitcoin and I hate Bitcoin, but crazy, crazy. I mean y'all go what do you think I I honestly have no idea I don't know if the US Marshal held all the Bitcoin if it does it's time for the US government to panic start buying panic by yeah no no and that's that's the right word because the game theory, the nation state game theory of the core reserves. Is is is real, right? You know, I hate to say El Salvador is is

setting the standard here because it's such a small number, but. Think about if you have a choice in your reserves, you can own gold, you can own dollars or yen or euros or what else you're gonna own, you're not gonna own the loony in Canada, you're not gonna own, you know, very much else. And someone starts to nibble at this asset that like gold tends to increase in price as nation states issue more fiat. You have to play, right?

It's the antithesis of war games, right? The only intelligent option is not to play. The only intelligent option is not to play. The only intelligent option here is to play. Everyone owns gold. Everyone. Every nation state reserve owns gold. Why? Because gold is the asset.

Now, why wasn't it platinum? Why wasn't it copper? Why wasn't it bronze? I don't know. But it is gold. And there's a little bit of silver too, but not really. And so if now you have the digital form and everyone's tired of hearing this, but it is absolutely, I agree with you, it's panic time. But I never underestimate the stupidity of lawmakers.

Because the only thing they care about is selfish. I wish we had time to talk about that. I got to let you guys go and bring Dan on, but for the stupidity of lawmakers, they did get it right. But we had basically a train wreck on Capitol Hill this week where 12 Republicans that were expected to vote for all these bills did not. Trump had to get them in the White House

and sit them in the corner and put them in timeout for a while. But then it still took them 12 hours yesterday until like 11 o'clock last night to actually vote on these and pass them. But it does look like we will get the genius act through by Friday and market clarity maybe next week. And nobody wants to talk about CPDCs for now. So that's the that's the summation guys. Thank you so much. Next time we're doing an hour. All right. All right. Scooter. Good to see you. Thank you guys so much. Time to howl.

That's how we do. There we go. Howl. We need y'all to howl. Did you hear? It's a good one. And y'all go he told you, I don't know if he caught him saying you have a Bitcoin beard that matches his Bitcoin shorts, but it was pretty awesome. I didn't catch that. All right, I'm gonna get an orange beard. See you guys later. All right, see you guys.

All right, Dan, man, how are we looking at the actual market right now? Obviously, I think the conversation to be had is that you and I have been talking about Ethereum for years now. We finally got the signal. Finally got it. We got some signal.

So do we have the signal or is it kind of like yet another massive disappointment? It's enough to give it a go for sure. Shipped in focus from Bitcoin to ETH over the last week plus, and we're seeing Bitcoin trade sideways and all coins do their thing which is exactly what bulls want to see in a profit rotation kind of environment. And so just real quick, what I'm watching on Bitcoin is just this 12 hour tightening range all time high. We found support at 115.7, struggled at 120 a good bit the last two days, but anticipating

that this could tighten up into tomorrow or into the weekend but as long as the dominance chart is just free falling uh that's fine because that means other things are running up and we know eth has had a great few days here testing a key resistance zone i'm looking back at january to start the year and we topped out a bunch uh 34 39 to 35, 27. So right around that 35 level. But again, once we top out, I just use my EMA 12 runner as a guide. Your strongest breakouts, we'll be holding them on a lot of timeframes,

but look at the hourly here. It just holds, holds, holds, and now we're testing it. And so I use that number one to make entries and add to winners, and number two, to let me know when something's shifting. So when we lose this hourly EMA 12, I'm going to anticipate that the probabilities of daily consolidation will increase pretty significantly. And so that's what I'm watching the next 12 hours or so. And then we'll look for daily consolidation. What's the response to first hourly oversold conditions? How aggressively are bulls buying that dip?

But what's standing out to me as well is you know these ETFs ETHA Yesterday you go back a week and a half the highest volume ever was 36 million yesterday We doubled that so we're seeing a lot of interest here And again, it just you know, everything that I do is an individual retail trader I just magnify and think there's tens of thousands of people doing this. And so, you know, a week ago, we have our crypto chat room, our stock chat room, and I was recommending to stock people for the first time ever. Hey, look at Ethereum.

It's getting ready. And this is how you play it. ETH, ETHU. And so, you know, I would say just in the last week, we have the highest concentration of chart guys, stock traders ever having any kind of exposure to ETH. And so that's, you know, fascinating to watch that capital flow around those ETFs as well. But ETH VTC broke the weekly uptrend for the first time, confirmed a weekly uptrend for the first time in years.

And so that means we zoom out, go to the monthly. And again, you know, monthly, I talk about the EMA 12 rider, we're riding monthly EMA 12 down. So that's been resistance for years. That's the next thing that I'm keeping an eye on. How do we respond to that? Can we keep this move going?

As we know, you know, bulls won't be happy until ETH is over 4,000 and then add a new all time high. And that's definitely the end goal. But as always, it's one day at a time. And one more note, as I'm going rapid fire here, as we know, XRP is approaching all-time highs. Any coin that's near all-time highs deserves extra attention. But I just want to highlight something here, CRV. We had a very clear resistance of 86. This is how you know it's a very bullish market environment. We were up 75% to test that resistance level. And when it broke, we ended up going straight up 9% in 30 minutes or whatever on that resistance break after being up 75%. So those who remember 2017 crypto,

you could just market by resistance breaks and get an instant 5%. And I was doing that with my entire account, you know, Bitcoin all time high, market buy all in, sell half pretty quickly, break even stop, let it run. And bulls love when that is the market environment. And so nice to see that happen here on a name like CRV. Yeah, I mean, we're seeing the most altcoin strength that we've seen in a very long time. I mean, that dominance chart is so telling,

obviously a lot of that is being led by ETH, right? Because it's such a big percentage of that. But man, to actually see ETH give a signal where it's finally broken a resistance for I don't know how long. I mean, it's above the 200 MA now on the ETH Bitcoin chart on the daily. I mean, it's never, it hasn't sustained any price action

in literally like three years above the 200 MA. It'll tap above. So if that continues to happen, I mean, it looks really, really good. And one more note of the dominance chart. What I want to see, this was the weekly dump back in 2021. And then we chopped around and we confirmed a weekly bear flag.

So I want to see a weekly downtrend confirm if we're going to get the real go time signal. Again, this is enough to pay attention to be acting, but if we're going to get the big stamp of approval for all season, you need that dominance weekly downtrend to confirm with some follow through. Yeah. It's gotta go a lot, lot lower to see like, all coins really pump across the board and for it not just to be kind of an ETH based or you know, layer one based type of thing. Dan, thank you so much. I appreciate you coming in with the quick hits today as we're a little bit late, but

guys give chart guys a follow YouTube X everywhere else and we'll see you next week, man. All right. Have a good one. Thank you so much. See you soon.