Market Selloff Incoming?

0:00 Let's get into the market today. We're going to be breaking down everything like Bitcoin, the AI trade. Is it time to do it? And we'll also take a look at some of the breaking news. We've got things coming in from XRP, from Circle, Ethereum. In general, I think what we're seeing in the market right now is maybe a little bit of a stall. The question is, does this perform well? By the end of the year, we'll break into all that good stuff with Evan Alda, who's going to be joining me here in a moment. Before we get started on that, I do want to, of course, thank our sponsor, and that is Robinhood. If you guys have not checked out Robinhood, I want you to do it right now. And that, of course, is just jump over.

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1:12 Let's go into it today. And I want to start off with Evan and look at the market in the sense of whether or not we are in the right trade or not. So I want to welcome in Mr.

1:21 Evan Aldo.

1:22 How are you, Evan?

1:23 Doing well. Doing well. Always great talking to you, Paul.

1:25 All right.

1:25 So the right trade is the question. You could look at many people saying, hey, listen, I'm always looking at diversifying or maybe people are looking at pure narrative trades. And if you've been in the AI narrative trade, if you look at the S & P 500, you can kind of see we have been nothing but up for the most part since March. So when you look at the AI narrative in general today, Evan, what's your current position right now? Are you still diversified into stocks and crypto and what else?

1:57 So I don't have too much exposure to AI right now. My view is that Bitcoin potentially would outperform or more very likely would outperform AI in general in the second half of this year and potentially over the next two years because Bitcoin has been so depressed against the video. It was down about 94%, I think. against NVIDIA as of June 31st. So that was my consensus. I am still pretty heavy Bitcoin. I have Ethereum. I took some partial profits on some of the riskier crypto plays because we've jumped up a lot and I was up 100%.

2:29 on certain proxies and certain things. And then I converted a lot of those over into XLE, which is the energy ETF and oil, which I thought that oil and energy would outperform Bitcoin and AI, potentially from October to the end of the year. That's why I made that trade. And so far, that's been doing well. Now I'm planning on converting that back over to crypto, you know, when the time may be right, that may be as soon as a few weeks up to a few months, depending on how the momentum plays out. So yeah.

2:56 You've got the U.S. issuing fresh Iranian-related sanctions. So this could be a scenario right now where we could see the energy stocks and oil in general continue to move. Are there other stocks that you've seen within the energy sector? I know this is the ETF side, but what about getting just direct exposure, something like a Bloom Energy or something of that nature?

3:18 Yeah, there's a few, definitely. I mean, you know, the big ones like ExxonMobil. There's the Occidental Petroleum one. I think that's done pretty well. That's the one Berkshire Hathaway owns. So there's definitely a few, yeah.

3:30 Okay, so let's take a quick look at Bitcoin on your chart. And first of all, give me an insight, because we saw this start to slide down. It looked like it was going to lose 80K. Were you at all worried.

3:42 That we could see a sub-80K Bitcoin?

3:46 Yeah, I think we probably will just based on seasonality and healthy corrections. But that's not like that, the worst thing in the world. Generally around this time, that midterm kind of correction thing, usually you see at least 10% to 20%. Usually it's somewhere between 10% and 20%. So 20%, which I would say probably your worst case scenario, should I have something crazy happening, is probably 69K. You could skate by with 74K mid-70s. In all likelihood, you probably do come lower. And I would say the thing that would, and again, I mean, I think Bitcoin's still at a pretty good price, 82K. I mean, I wouldn't sell my Bitcoin.

4:20 I'm not selling my Bitcoin here. But I think that you may get kind of some trigger waves or something on the two-day, similar to kind of what you saw back here. So you may come down a bit more into midterms. And then into maybe end of year 92K or quarter one next year. So something like this, kind of the healthy correction area is I think, you know, the kind of the most likely scenario. So some consolidation, nothing too, too bad. So, yeah.

4:46 Okay.

4:46 On that point with Bitcoin, you've got a customer or people out there right now that are considering maybe buying Bitcoin for the first time. Is this the place to buy it right now? Or do you feel like we could see something closer to this midterm election that could push Bitcoin lower to where it could create another entry point.

5:08 Yeah, I mean, I think if you're, you know, the type of people that don't have any Bitcoin right now, I think it's kind of foolish to try to wait. I would at least try to kind of DCA right now in all likelihood you will see you know something's a little bit lower than where we are right now but keep in mind you know if you're somebody who is you know waiting at 60k and didn't get in when you know we were at peak you know extreme fear and all those things and now you're waiting now like it's kind of like you know the 60k area was pretty obvious the low 60s was pretty obvious if you're looking at fear and greed in history now is still a good place so DCing from now until end of year makes a lot of sense, especially if quarter

5:49 four has more weakness as it typically does in these midterm election years.

5:54 Before we get into Ethereum, I want to take a look at this right here, because I think this might surprise people a little bit. And that is what's going on with Tom Lee, because this guy just will not stop. He is absolutely, I mean, come on, 5,000. He's still calling for 5,000 end of year.

6:14 On ETH.

6:16 Now chart ETH for me and tell me this makes sense to you, or does it?

6:21 Yeah, he makes Saylor sound very bearish here. I mean, yeah, you know, in all likelihood, you do your typical kind of correction. I mean, I guess there's a possibility we could skate by with a $ 2, 300 bottom, but I think somewhere between $ 2, 000 and $ 2, 100, you'd probably hit these areas. And then into the year, hopefully recovering back to where we are right now, maybe $ 3K, you know, something like that would be kind of more realistic i don't know where tom lee really comes up with these numbers didn't you say 50k the other week it feels like they change a.

6:50 Bit well no it's no he his long-term outlook is 50k on eath uh which i'm still trying to put my head around the other well part of it is within funstrap but i think his listen he's talking his book for many of you guys that are brand new to crypto and maybe watching our show for the first time just understand that bm and r is nearing in on 5% of the supply of Ethereum. When that occurs, and he's even gone on record saying that they're going to stop buying and they're going to continue to just earn performance, I think they're going to start to shifting into some other tokens, probably something like Solana and a handful of others. But Evan, I want to play this video for you real quick because this is essentially where

7:32 I think he is looking at the market in general, but you'll understand maybe his thesis behind this.

7:37 Here we go. Yes, good morning, Joe. That's right.

7:40 I think going into last week's jobs report, the market had been working with a maximum hawkish Fed, one that was going to raise three times, including a 75% chance of an October hike.

7:54 This jobs report has been softer.

7:56 We get an inflation report in two weeks for September.

8:00 It does, in our view, we.

8:04 Believe there's these one-offs rolling off, and so I think there's over the next six months, softer readings on inflation. And that allows not only the Fed to kind of walk back from its hawkishness, but I think it's going to allow bond yields to actually sort of.

8:18 I want to stop it right there, because he said softer inflation over the next six months. Are you in that camp of that we could see softer inflation in the next six months?

8:30 Yeah, probably, probably. I do think your yields are getting ready to start to finally head down a little bit. It would make sense. Look at the 30-year there, 5.6.

8:41 10-year holding at 5.283 and the five-year at 5.057. So, I mean, this would, I talked to Rebecca Walzer yesterday and she, you know, off camera, her and I were kind of going back and forth and she said a lot of investors are now looking at these bonds as an alternative. The problem, and she pulled this out in the episode we did yesterday that I think a lot of people miss, if you don't take that bond to maturity, you end up losing money on these deals rather than if you're out there trading in the market. So just be aware of that. If this is a rotation going into bonds versus maybe holding into other assets, including risk, Be very careful with that. Now, with him saying that is that inflation could get softer. You think it can.

9:32 Listen to the rest of this.

9:33 Here we go.

9:34 Normalize because the inflation sort of uncertainty starts to ease. And I think there's a lot of clues because I think tech stocks making new highs and crypto doing so well, these can't do well in the face of tightening monetary conditions. So I think that they're anticipating easier financial conditions ahead.

9:54 So you're reading a tea leaves in different markets for what's going on.

9:59 That would be significant, Tom.

10:00 So when you said yields will normalize, what do you think of normal yield?

10:04 All right.

10:05 So yields are going to normalize. He's basically saying this is going to be a little bit less pressure from the Fed. And it looks like right now there's going to be a no change coming this month in October. How much of an impact do you think that has on crypto broader markets?

10:20 So a lot of times when you see a change or a change from what they've been doing, it's the last one they obviously raised. If you see a no change, I think that's going to be bearish. I don't think it's going to be as bullish as people think. I think it could be bearish temporarily, like until after midterms, maybe a month based on seasonality. Nothing too bad. Like I said, I'm not that bearish. I mean, I think they're going to go to 69K, maybe retest the Weekly 200, which would be in the high 60s, low 70s by the time we hit that. Something like that. You likely would see TradFi cool off a little bit too. You could see a 5% to 10% correction for the S & P 500 between now and end of year. It would make sense with seasonality. And then I think once

10:58 you get to quarter four or the FOMC meeting after October's FOMC meeting, then you could start to recover and see more upside.

11:07 Well, you look at the general market. Charles Schwab just rolled out Bitcoin and ETH. for trading with 40 million clients. 40 million clients, guys, just think about that for a second. Their fees on crypto are going to be 0.75% per trade. That's fairly competitive. And here's the other thing. They've got plans to add Solana, Avalanche, Chainlink this year. So by end of year, you're going to be able to trade any one of those. Solana, Avalanche, Chainlink, Bitcoin, ETH. which is a pretty big deal because even if you compare that to other TradFi exchanges out there, something like a Fidelity, this has been very competitive, I think, in the sense of the market in general. Do you not think, Evan, that that is going to draw in more traditional finance

11:52 people into crypto and start to move the market?

11:55 Yeah, probably December and then quarter one, definitely. For the next couple of weeks, next month, probably not too much.

12:05 Okay, so let's chart ETH for a second because this is, and I want to go past year-end here. Here we are mid-October. You're basically 75 days out. When you look at Ethereum in general, where do you point this year-end and Q1 now?

12:24 So, yeah. Year end, I would say, well, I would say temporarily, like from now to midterms, a little bit lower. We could get away with this bottom. Year end, probably where we are right now, if we're lucky, maybe $ 3, 000. Now, here's where it gets interesting. Quarter one, quarter two, hopefully $ 4, 000.

12:42 I'm looking at some big, you know, kind of upside. $ 4, 000 could be our quarter one, February, March, if we're lucky. Then quarter two, I think 2027 is going to be a good year. Go ahead.

12:52 What's your thesis for that right now? Because you have Paul Tudor Jones calling for a really bad 2027. Now, granted, he's talking about TradFi markets. You have Tom Lee saying we're going to get the biggest, you know, face ripping, you know, bull run we've ever seen. What's your thesis on why ETH could see a new high in Q1?

13:13 So seasonality, number one, once you get through that correction, then the fundamentals are pretty good on ETH. You know, like you mentioned, swab and a lot of money potentially going into it. So those two things. Also, I mean, usually those are two different extremes. You know, Tom Lee, that's extreme bullish. Yeah. That's, you know, very big. Like, it's usually somewhere in the middle. Like, it's usually bullish, but not as crazy as, you know, people think. So that would be the main consensus, I would think. Yeah.

13:37 Let's do a round of potential tokens for people. One I want to take a look at has been Uniswap. This is a trade we've been in and out of. But Uniswap has pulled back here recently. You look at Uniswap holding at $ 740 right now. This thing was trading above $ 10, had spiked up to what was almost, what was it? Yeah, just a little, almost $ 11. Is this a trade you would make right now? Would you make a Uniswap trade today?

14:11 Potentially.

14:12 You know, I'm waiting probably, I'd probably give it a few more weeks. The thing that I'm waiting for is kind of this two-day right here. So see this trigger wave that formed? This is a momentum wave, you know, kind of. a momentum shift. And we saw right here, and that was a big jump up after this correction.

14:27 So we could have gotten away. You know, this is enough where we could have potentially hit a bottom. Best case scenario, 36%. That's cheaper. You know, for somebody who likes Uniswap, this makes sense. I would be a little bit more inclined to wait till this VWAP starts to come up, give it a few more weeks of momentum, potentially around the beginning of November, around midterms. So maybe you get one more little drop down or something, then you continue forward. But no, I think this is good.

14:51 Pretty good discount.

14:52 Yeah.

14:53 This is pretty good.

14:54 Okay.

14:55 We talked about the AI trade earlier near protocol hitting all time high or most recently now trading at about $ 5 and 25 cents. And it's been somewhat sideways here over the past few days. Is this something that you would continue to hold if you were holding near? Cause we hold near right now.

15:16 So this is more for me. Do you hold near right here?

15:19 Or do you look at an exit, take some profit and maybe move along? Where would you where would you play near right now?

15:27 Yeah, it's definitely a hold. And I think crypto in general is definitely a hold right now. You're still at a significant discount for anything that's got good fundamentals. I mean, let's look at this. I mean, you're still significantly below the all time high of $ 20. Yeah, almost nine bucks. Long time ago. Yeah. But, yeah, I mean, short term, it's likely you see some type of correction, maybe down to $ 4 or something of that nature. Probably nothing too, too bad, though. Just based on seasonality, a lot of these things, you are losing some momentum. So, I mean, I would be more inclined to look for maybe an entry down here. And that same thing, it's similar on a lot of these time frames. Once you get kind

16:05 of an anchor wave, once you lose momentum on the two-day, which you likely will over the next month or something, They get a trigger wave coming up like this. That's when things start to look a lot better, especially if you were to come down maybe high threes. And then that's your quarter for correction. And then you kind of recover at the end of the year, early next year. So, yeah.

16:27 Okay.

16:28 Well, with that being the case, you have two things that could happen. One, we could see a major AI reversal trade. that could impact some of the AI cryptos and we could see Bitcoin E Solana pop off in general. Did you hear Solana got their event canceled in China?

16:48 Did you see that?

16:49 Yeah, a little weird, but I don't know.

16:51 So when they launched and then they took over a building or I don't know how they did it, but brilliant marketing on Solana's part. But at the same time, the Chinese officials came in and shut it down. Which was not surprising. You know, CZ was even commenting on this.

17:08 I don't know.

17:09 I wonder if he, huh, that's interesting. Because he kind of called it out that he, BNB, Binance, was not able to get something like that done. And that he was surprised that Solana was able to. But you got Breakpoint coming up next month in November.

17:25 What about Solana? Let's take a look there.

17:27 Give me a year-end price for a Solana. Right now it is on the move, back up, reclaiming, I think, $ 105K.

17:34 Yeah, I mean, best case scenario here for your year-end price, probably 140 if things go really well. 140 to 150 if things go really well. This does look stronger than some other things because you have a similar situation here. You have that jump up. So if the same things happens, you're looking at 150. Now, based on what we normally see in these midterm election years, you know, there's a decent shot you could come down in 97 again, potentially coming down in 90. All that would do is probably delay the inevitable getting back up to 150. These areas, you know, instead of by end of year, it's probably quarter one or quarter two of next year, you know, more extended out if that does happen. So I think

18:10 one of these two scenarios is more likely based on seasonality and kind of what we're seeing, you know, probably correct a little bit more at least, and then you kind of recover. So, I mean, in the grand scheme of things, great buy here at $ 100, obviously heavily discounted. I mean, so yeah, it looks good overall.

18:28 What is your pick for this bull run? If you're looking, and I only want two altcoins. I know you're going to pick ETH and Bitcoin, so throw those out. Two altcoins, what's your picks for this bull run?

18:44 Solana could be one of them. And if you look at ETH, Solana versus ETH, that's what came to my mind. It's been outperforming Ethereum. So as long as you hold these lows here, I do think Solana can make, can be a huge, huge player here. In terms of another altcoin, oh man, I'm trying to think, trying to think here.

19:05 Maybe Chainlink.

19:06 Okay, Chainlink. All right. Maybe. That's one I've kept my eye on. As long as you can hold $ 11, I would. you know, be optimistic on this. So maybe, maybe.

19:19 My, I have two, I still think Uniswap and Jupiter are going to end up being major plays in this neck. Now those are, you know, considerably different, you know, market caps, you know, than what we're talking about in the top 10, but I'm still holding positions in both those tokens. And I like both of what they're doing, you know, from an ecosystem standpoint, but more importantly, What I like is the fact that we are seeing real advancement in both of the apps, which is going to increase adoption, I think. Uniswap, obviously, picking up on the ETH bandwidth, our ecosystem, and then, of course, Jupyter within Solana. Both those, I think, could be doing very well, for sure. Let's talk about this

20:04 right here, and that is the CrossRiver deal with Ripple. So Cross River Bank, and everybody remembers this, is one of the crypto-friendly banks out there, but they're now embedding Ripple, RLUSD, Ripple's USD stablecoin, on the XRP ledger into its core banking infrastructure, which is expanding faster payment. Now, I know many of you guys say, well, Paul, you just did a video that said our XRPL is not getting adopted.

20:37 And it To this point, it still is not. These deals that they're making are great for, I think, Ripple and maybe long-term, definitely as we start to see adoption happening. The real question is how long before that occurs when we actually start to see transactions coming in. Because when you look at the RLUSD stablecoin, we haven't seen a lot of growth in it. And that has been the concern I've had. I love to see these kind of things.

21:06 But what does that do to the XRP price right now? Remember, Ripple's still holding a ton of XRP and they divest a certain amount every so often. So you just have to look at the amount that they're starting to sell, obviously, to fund operations and acquisitions and partnerships like this right here. XRP, chart XRP right now and give me a point by end of year.

21:35 Yeah, I'd love to. So XRP looks better than a lot of things right now. You're making a higher low right here that looks pretty good. Your daily has some potential. Your daily has some potential. Even if you do... I mean, I don't think you're going to go back to that $ 1. 14 here. Even if you do go a little bit lower here, it's probably going to be some type of double bottom, and your two-day is going to save you. So, I mean, end of year, it's tough to say exactly. Maybe $ 1. 50, maybe $ 1. 60. I don't think you're going to break up to, you know, $ 2 by the end of the year. I think that's more of a quarter one, quarter two type thing.

22:09 But I think if all goes well, $ 1. 60 potentially.

22:13 So, okay, well, that'd be a pretty big reversal, you know, for XRP.

22:18 Granted.

22:19 If you were looking at XRP, you know, for the bull run, you know, and potential of playing it as one of your primary tokens, or let's say your top five, where would you say it's possible for XRP to go? Do you think it reclaims its all-time high here in the next six months into 2027?

22:40 So next, yeah, into 2027. Let's see how much that is. I mean, it's not impossible, no, because that's only... You know, a little over 160 percent. That's not impossible. So, you know, you would see an upward trajectory in 2027. You see a complete upward trajectory. You know, it's probably not going to be as crazy as over here. But, you know, like a situation like that, that's not surprising. And that would be, you know, from where we are right now.

23:09 that would be early 28. So something like that. I mean, probably not an all time high.

23:13 Yeah.

23:13 That's more of a quarter four thing, early 2028 type thing. It would probably take a little bit of time. Um, so yeah, but I think it could, you know, I would say two 40 is definitely a great goal for, you know, next year, almost a double next 12 months. I think that's a good goal. It all goes well. I mean, this thing does, this thing moves weirdly. This way, the thing was crazy at points. So it's, this one's a tough one to predict. I mean, I wouldn't put anything past XRP.

23:40 Well, think of it this way, too, because they launched support for institutions now on real-world asset perpetual swaps. If we see major institutions going in that direction, which I think we will in 2027, and especially now, because remember, I think it's October.

23:59 20th that the SEC.

24:02 Ends its era for basically open comment on many of the rules that it's citing right now. Once that occurs here in next week, I think you're going to see some big announcements coming from all sorts of blockchain projects out there, because I think at that point, everybody will understand, okay, these are the rules we're playing by, and they're going to start launching some projects. And you look at perpetual swaps on the institutional level, this could be, I think one was out there, it was called Virtu, which is trading on RWA swaps, that's in a position I think that could really get going. Because you're talking about ETFs, metals, energy, FX, this could be everything. So pretty crazy stuff. And that

24:47 could definitely affect, obviously, the future of XRP. Another thing that could affect the future of crypto in general is what's happening right now in the banking system. And When you look at the banking system, one of the things that I look at, look outside the U.S., okay? And I want to show you guys this news right here, which is Deutsche Bank. Deutsche is now preparing for crypto custody, and they're going after Asia. So when you look at Asia being the market here, you're in Asia. You know what's going on over there.

25:22 Yep.

25:25 Do you think Asia gets into a position where it becomes... mecca for crypto instead.

25:31 Of probably you know it's gonna it's gonna take time but because the population is so large in asia it's 60 of the world's population is in asia basically so because it's so high and they're getting there i mean a lot of these i know it's illegal in china but a lot of the main cities in china are completely cashless they're completely electronic payments so It's getting there.

25:55 And a lot of these other, even countries like Thailand, they're taking initiatives to pay electronically. So I think it will be within the next 20 years. That's just based on population and based on, obviously, the East is trending upward. Right. I hate to say it, the West is not... declining. East is trending upward in the last 20 years. Unless that trend changes significantly, Asia is going to be the mecca of crypto, yes.

26:17 It's going to be a major.

26:19 Well, that's why we're seeing so much activity in Japan, Hong Kong, this, of course, happening in Bangkok, which is absolutely on fire. Okay, so you're You've had a chance to talk to people in Asia and many countries. How many countries have you been to in Asia?

26:34 I've been to quite a few, at least five, six, seven. I don't know the exact. Yeah, I've been to quite a few.

26:39 What is the street level narrative on crypto right now or their temperature? Is it very positive? Would you call it neutral? They look at it.

26:48 As this is the future. Where do you think they stand?

26:51 They're positive on it, man. Definitely positive. You see the BYD electric cars all over. Sometimes you'll have a taxi driver that's looking at a damn chart on his BYD car, on your $ 3 Uber, your $ 3 GrabRide. So yes, I think overall they're on board. They're on board, I think, man. Obviously, a lot of people don't have the means to be buying crypto, unfortunately, in a lot of the developing countries.

27:17 But I think the people that do have the means, they're on board.

27:21 Well, that has always been my question, is what is the affluency level? When you look at the number of millionaires that are being printed in the United States every day, that is millionaires that are going into the market. And those are instrumental, I think, in terms of adoption and growth. We don't see those kinds of numbers coming out of Asia, the Middle East, even Europe.

27:43 To a certain extent.

27:45 The United States leads in terms of printing millionaires. So- I guess the key there is it's just going to be pure population is what you're saying.

27:53 I think it's population. I think a lot of the millionaires in the U.S. are mainly because the stock market's done so well. It's a lot of middle-aged people. And I think the younger generations, because if you look at younger generations in the U.S., they overall did not have the opportunities that their parents had. It's a complete opposite in China, Vietnam, really everywhere in Asia. The younger generations had much more opportunity and a much better life overall than their parents' generation. So I think those younger generations, I think Asia is really going to develop a lot.

28:25 And I think those younger generations are going to put money into crypto and those things.

28:30 Evan, let's take a look at Circle. Circle is now pushing into, speaking of new.

28:35 Markets, 40 new markets.

28:38 This is a big deal because it starts to pretty much translate to USDC becoming a global currency in essence and pushing U.S. Treasuries, which would support the dollar. If you look at Circle, it's been doing great on the charts, but is this a stock you would go into right now? Would this be the one for you?

29:00 Circle is interesting let's take a look at circle here because circle is one that i held i took some profits on it i still had a small position in it it looks good man yeah i mean i like the two day here i mean it could be a little bit premature but if i had a guess here you know it makes sense yeah circle makes sense um you're making me want to buy more circle right now i mean yeah you're making me because this is some good momentum here three days to confirm on that you know yeah This looks good. This looks like one of the best things we've looked at. You just got to be careful because you're on some thin ice. These things, you know, sometimes they do crash down farther. But no, this looks pretty good. This looks pretty good overall.

29:38 Yeah we called that uh that purchase for circle um back at what let's see let me see where my chart is yeah right at um yeah around 69 was our call last call um on circle obviously had that big day yesterday spiking. But definitely coming into a zone right now, I think the question is, is does it get back to its all-time high anytime soon? Do you like an all-time high in 2026 or 2027?

30:12 This year, no. Not this year. But it's going to take time, man. I mean, you know, it's probably going to be a gradual incline. I mean, usually if you just draw, you know, this is kind of the healthy trajectory.

30:23 Oh, wow.

30:24 Yeah, no, it could. Look at that.

30:25 Look at that chart. Yeah.

30:27 Yeah, it could. If you were to I mean, maybe next year, you know, middle of next year at the earliest, probably, I would say. Yeah, mid to late next year. Why not?

30:36 This is one of the bigger plays that we are in and have been in for some time. And we're going to continue to ride this one for sure. Which reminds me, if you guys have not joined in on our free newsletter, make sure and visit Paul Barron Network.

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31:40 Absolutely easy to do.

31:43 There's our levels, which is Ruby and Forge, which is all of our research for everything that we're doing. Evan, the market right now, In terms of, are you bullish for the rest of the year, or are you in a holding pattern?

31:56 I'm more crabbish for the rest of the year. I do, it's hard to say. I do think we consolidate overall from now until the end of the year, the quarter one's going to be. The summer could be good, though. It's hard to say. It really is hard to say. I think it's very foolish to try to sell a big one right now, significantly below an all-time high. I think this is still a buy DCA area. Seasonality and midterm elections and all that type of stuff would probably tell you we will go at least a little bit lower, but There's nothing considerably major that concerns me right now.

32:25 Market still looks very good in the macro.

32:27 I am very bullish through the end of the year. I think we may have a post-midterm run. So look for mid-November into December, like you're kind of leading to. But I think we may actually have a very healthy run because I anticipate that there could be some major changes on the front in the Middle East. And I also anticipate there will be some major changes with the Fed's narrative going forward, especially on the outlook for the December FOMC. So be on the lookout for that December FOMC.

32:59 That's when I think you'll see the term starting to set up. And then also just in general, the bullish nature of what's going on with the SEC and the CFTC make me much more bullish into the end of the year. If you guys want to visit Evan Aldo's YouTube channel, you can do that. Just search Evan Aldo.

33:16 He does Bitcoin trading, macro allocation strategies, all that good stuff. What are you offering right now besides trading tactics? Do you do anything else within your platform?

33:30 It's a lot of macro allocation. Yeah. A lot of trading. It's mainly, you know, longer term swing, momentum swing trading.

33:37 OK.

33:37 In addition, for people who aren't really traders, it's macro allocation where you're only doing, you know, one trade every few months. Yeah. Following kind of, yeah, the base of the momentum, essentially building portfolios. So, yeah.

33:50 I love it. I love it.

33:52 All right, guys, we're going to catch you next week. I'll be back in studio. We've got a lot of new guests coming on next week. So make sure and subscribe to the channel if you haven't done that already. And we'll catch you guys later. If you like this video, hit like and subscribe, drop a comment down below and also join our free private member group.

34:15 The link is in the description.