BITCOIN & CRYPTO FLASH CRASH OVER: This Happens Next.

Jason Pizzino

Summary of the Video Transcript

Introduction

The speaker discusses the recent market activity, noting that the last 24 hours have seen significant records set for Bitcoin and cryptocurrencies. They mention that the market is on the verge of breaking into a new all-time high for the average true range of the bar, which typically indicates a strong upward movement.

Market Analysis

  • The speaker talks about the largest liquidations of shorts in history, which they believe is a sign of a reversal.
  • They discuss the fear and greed index, noting that while it has improved, it's not entirely over yet, similar to what was seen in 2021.
  • The search interest for Bitcoin and crypto has dropped off in the last 24 hours, but the speaker is waiting for it to bottom out and spike back up, which could indicate a market move.

Bitcoin Price Action

  • The speaker analyzes the Bitcoin price action, mentioning a flash crash and the subsequent recovery.
  • They note that the market structure and price action are looking healthy, with higher lows forming.

Trump's Announcements

  • The speaker discusses Trump's recent announcements, including the pause on Mexico-Canada tariffs and the establishment of a sovereign wealth fund.
  • They believe the market sees these as positive signs, potentially leading to higher prices.

Volatility

  • The speaker mentions that volatility is soaring, with the S&P 500 swinging $1 trillion per day.
  • They attribute this volatility to the 18.6-year cycle and the winners curse phase, which is known for high volatility.

Market Sentiment

  • The speaker talks about market sentiment, noting that it's dropped into fear but remains between fear and neutral.
  • They believe this sentiment is not necessarily bad, as it prevents the market from becoming too greedy or hyped up.

Altcoins

  • The speaker discusses various altcoins, including ETH, XRP, Solana, Sui, and Dogecoin, analyzing their price actions and potential for future moves.

Conclusion

  • The speaker concludes by emphasizing the importance of understanding market cycles and sentiment.
  • They encourage viewers to subscribe to their channel and follow them on other platforms for more market analysis and updates.