IS THE BULL MARKET OVER  MY HONEST OPINION... - video Dailymotion

cryptrex

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Transcript

00:00is the bull market over this is one of the most common questions that i'm getting right now as

00:05we're seeing the crypto market is having huge pullbacks today guys i will be talking about

00:10exactly that do i think that the bull market is over what do i see happening moving forward and

00:15also what is the reason why we're seeing these drops across the board even for traditional markets

00:20we're seeing huge red candles guys so make sure to stick around from the beginning until the end

00:25i will talk more about my trades i will give you updates on everything you need to know welcome

00:30back everybody my name is chris bringing you cryptocurrency videos every day if you're new

00:34to the channel then make sure to subscribe and activate the bell right now so let's get straight

00:38into it guys so what we can see for bitcoin is that we have been having a retreat retracement

00:44and you can see we've been taking out the gains that we had from essentially the move up from 112k

00:51up to 123 so we're seeing a little bit of a pullback how much have we gone down we've gone

00:58down by about well to the bottom here it was almost nine percent which is not too bad considering if you

01:05look at this entire move here we went up by 66 so a nine percent pullback and you can see that we are

01:13now approaching key resistance we have my orange line at 112k so this is a level in which you

01:21know that we're gonna see big support most likely not financial advice but you can see that we came

01:26very close to it but the bull stepped in even before we came to this point and we saw a move

01:32towards the opposite like we saw a little bit of a bounce here so this is a very key level to keep

01:37track of right now and by the way guys if i sound a bit strange it's because i'm actually having a bit

01:42of a fever fever right now but i wanted to give you an update video since the market is going absolutely

01:47crazy but just bear with me um so that is for bitcoin like i don't see like for bitcoin in

01:52particular we're having a pullback but as you know we're going to have volatility in between now and

01:58the peak and the peak i've always been saying is going to be at the in 2026 or at the end of 2025

02:06so that is very important to keep note of and in the meantime we are going to use this volatility

02:11where i am going to use this volatility with my trading strategies here and making more and more

02:16gains here with this volatility so i don't mind us actually i want us to have these pullbacks

02:21and then i want us to go back up here so this is how i'm making money with my trades so if you look

02:26at ethereum ethereum also big pullback we lost this support level at 3620 however for ethereum really we

02:34can go down as low as 3k and i will still say that ethereum remains bullish so even if we come down to

02:40this point and we're not there yet i'm not saying that we are going to go there but just keep that in

02:44mind that i think that ethereum is still looking good like ethereum is still in a bull market in my

02:49opinion and uh yeah we're gonna have this pullback let's see where this is gonna stop but the next

02:54logical point is 3261 big support and then 3k is also big support if you look at solana also you can see

03:03that solana we went down and we had a bounce of this 157 level we came very close to it but bull stepped

03:09in we have this bounce doge for doge i'm a little bit more concerned because every single time we have

03:15broken this orange line at 21.8 cents we have come down and retested the 14.5 uh cent level here for doge

03:24so keep that in mind as well and doge is looking not super good right here but i think that also

03:32you look at this big swing guys once we went down here we had a big run towards top side so

03:37yes we're seeing a pullback across the board but i still believe we're in a bull market so i'm not

03:42going to try to time the bottom i'm not going to try to time the top i'm just averaging in with my

03:47trades as you know guys and i'm averaging in with my trading strategies and i think that that is going

03:52to turn out to be very very profitable um if you look at xrp we have support at 2.78 if you look at

03:59cardano we have also lost this uh level right here at 80 cents next level of support is 61 cents

04:06for pepe you can see that we are right now resting right on my orange line and in fact for pepe

04:11you know that i have a pepe trade if you've been watching my trading channel you know that i have

04:15a pepe trade here i actually got a small position filled yesterday so you can see where is it is it

04:22this one yeah so you can see 20k worth of pepe was filled right at my right at the orange line here

04:29so let's see if we can see a bounce from this point right now it looks like it wants to go lower

04:34but the orange line might be able to hold up the price here so we will see about that if we continue

04:40we'll look at the bitcoin dominance you can see the bitcoin dominance is seeing a big bounce as well

04:44so uh yeah support at 60.5 percent and then 64.7 percent we also have a resistance level so keep

04:55that in mind very important levels to keep track of if you look at the traditional markets big red

05:01candle for traditional markets yesterday so yeah everything is going down right now what is the

05:05reason for us going down we'll talk more about that in a little bit first an update on my trading

05:09strategies and you know a few days ago i added more than 10 million worth of exposure to my trading

05:15strategies and some people are going to say well that was very bad timing well i already knew that

05:20there was a chance that we would see a pullback and in fact with the pullback what we're doing right

05:24now is that my trading strategies are buying on the way down so even if bitcoin goes down here i am

05:30buying all the way down to 58k and imagine being able to buy on the way down here and get an average

05:36price around i don't know 70k or 75k that is not too bad that is something that a lot of people would

05:43be very grateful for right now as the prices are still pretty high at 113k so i'm not worried about

05:50that for altcoins my theory strategy is also still profitable my solana one is down my doge is down

05:56and then you have the xrp one it's also up and my cardona is up then you have my second ethereum

06:03strategy second bitcoin strategy uh second solana and second doge so they are all up as well so even if

06:10we do go down this is why i'm using the trading strategies guys because they will be buying the

06:14dip i don't have to time the bottom i don't have to time the top not financial advice but for me this

06:18has been working out pretty pretty damn good and as always guys i'm keeping everything transparent and

06:23showing everything to you now for my individual trades also i do have the buy orders locked in here

06:30i know exactly you can see them all right here for different assets three for xrp one more for pepe

06:36already executed one and then two for suey so these are the levels i will be uh allocating more

06:42or building a bigger position here but yes it's looking a little bit bad right now because like

06:46look at this minus 35k but nonetheless i think that these ones are going to do pretty well once

06:53things starts to turn around i just need to be able to get in at very important levels big support

06:59levels and then play the balance so as always guys i will keep everything transparent with you and

07:03mainly on the trading channel i will show you how i'm going to deal with these ones but yes

07:07if you want to get into my trading strategies or do individual trades go down to the description of

07:12this video right now you have my by the way you have my trading channel right here where i post

07:17all about my trades and then you have the strategy tutorial here to understand it all but then sign

07:23up to pionics using this link my favorite exchange all my strategies using this link so it's

07:28going to take you here here you can copy whichever strategy you want and then you can also use vx and

07:35tap it which are also two of my favorite exchanges if you want to do individual trades so that is all

07:41good and you are now able to get in even at a lower price than i got into myself so 1.1 trillion

07:48dollars was wiped out from the u.s stock market yesterday so this is huge and the reason is because the

07:55economy is not doing as good as it was anticipating to do so in july you can see that the amount of jobs

08:02was revised didn't hit expectations and also june and may was revised down so this was a huge deal and

08:10now actually we are having a higher probability of the fed actually cutting interest rates here as

08:17the economy started to do really really bad here in the us so maybe we're going to see a few rate cuts

08:23this year due to this we will see guys but yeah like i said i'm just keeping my strategies open

08:28whatever happens they are going to make gains over time so i'm completely fine with that not financial

08:35advice just my opinion um and if you look at this is actually pretty interesting you are seeing massive

08:40amounts of outflows from the bitcoin etf so this was the second largest outflow yesterday the largest

08:45outflow for bitcoin was on the 25th of february 2025 and if you look at the 25th of february you can see

08:53it right 25th of february you can see it was during this pullback right here so boom here you had massive

09:00amounts of outflows but look at what happened after that you immediately more or less immediately saw a

09:05huge bounce we went from 82 or call it even a 78 if you want to take it from this week and then we went

09:12up to 95 so i think that a big bounce is looking pretty likely if we continue to go down so let's

09:19see but things are looking pretty decent still in my opinion i still believe that we are in a bull

09:25market and here you can see that we have an outflow of 800 million so most of liquidations that

09:33happened yesterday came from ethereum so be careful with leverage guys make sure to add enough margin to

09:38not get liquidated this is very important if you're using also the training strategies here

09:42i am adding more margin to make sure that i'm not going to get wrecked so very important stuff to

09:48make sure to monitor these ones very closely if you are using them guys that is what i got for you

09:54thank you so much for watching this video and i will see you in the next one

IS THE BULL MARKET OVER MY HONEST OPINION...

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