Can Crypto Bounce? | 1000x

Bullish

• $BTC— Anticipating genuine flows in September and the potential impact of Kamala's presidential run being unsuccessful.

  • “I do think there are genuine flows that are gonna come in in September. I think an additional point that I didn't consider back when I first saw this because I didn't know Joe Biden was gonna step down is that Kamala has decided to step up and try to run for president, and Kamala's having her deSantis moment.”

    Avi·0:00Hear it

  • “I do think that as Trump odds go up, as we pass Jackson Hole, as we get closer to September, you start to get you you start to get inflows into into into BTC. Now BTC has actually been lagging equities. Equities have retraced the entire sell off. BTC, not at all. And so you have to ask yourself why, and it's because there are no, like, real allocations right now. And also, if you look at open interest, if you look at funding, it's all come off. It's all neutralized. People are starting to short, and everyone that I talk to is sidelined. People have raised cash. And so the moment this thing starts to go up and get away from them, I think all the shorts cover. I think all of the cash comes in from the sidelines, and we're back at 70 k quickly.”

    Avi·0:00Hear it
• $BNB— Anticipating increased interest in BNB due to CZ's release from jail.

  • “CZ is getting released from jail in 40 days, and I guarantee you, like, 2 weeks before he gets released, everyone is gonna be talking about BNB and BNB probably goes on top. And so I'm long BNB BTC, because the chart looks good because of that.”

    Avi·0:00Hear it
• $WULF— Positive outlook on Wulf due to their expansion plans and low electricity costs.

  • “Wulf is a Bitcoin miner. They're also signing contracts to build AI data centers. They basically have a plan to expand that is a very good plan, and they have a very low cost of electricity. And they're moving into the providing HPC compute for people that need it.”

    Avi·0:00Hear it
• $HNT— Bullish on Helium Mobile due to impressive subscriber growth.

  • “Year to date, Helium Mobile has added almost 80,000 new subscribers, which is crazy. AT&T and Verizon have added about 550,000 new subscribers. So Helium is already is is onboarding, you know, a little bit little bit more than 10%, you know, 13% of all the subscribers”

    Avi·0:00Hear it
• $CRYPTOAI— Expecting a resurgence in AI-related crypto tokens due to NVIDIA's performance.

  • “I mean, regardless regardless of how this specific thing plays out, I'm fairly confident that over the next 3 weeks, you're gonna see a resurgence in people betting on AI just because of how well NVIDIA did, and the fact that people have haven't really caught on to that, in the crypto markets.”

    Avi·0:00Hear it
• $TRX— Short-term bullish on TRON due to high fees and involvement in memecoins.

  • “TRON has been talked about a lot. I didn't realize that it generates, you know, the most fees out of any L1 blockchain over the last 90 days. They're starting to lean into the memecoin game. This is probably gonna last another 6 days, and then everybody's getting out. But it's a good trade for the time being.”

    Avi·0:00Hear it
• $MEME— Bullish on established meme coins like PEPE,POPCAT, and WIF as a way to get leverage on BTC.

  • “There's a lot of asymmetry there, where something like a WIF or a POPCAT or whatever on the initial move out of the bottom if you're try if you're trying to bottom pick, they basically can go up 40, 50%. And as was just pointed out, there you you can't get liquidated on the position if you don't actually use leverage. Right? So if you have a $100, you buy it, you're getting asymmetric leverage on BTC, which is why people buy it. And that's why I think you, you know, if if you if you haven't been doing that, you should at least look at it.”

    Avi·0:00Hear it

  • “Once it gets to mega cap world, like a PEPE or a WIF, the way that I think about trading these is that I buy them as leverage during periods where I think Bitcoin can outperform. And one thing that I think the most instructive thing that you can do with a WIF or a PEPE or any of these coins is look at the 4 hour chart going back, you know, or even the 1 hour chart going back 3 or 4 days. And if it started to bottom out on the BTC pair and you're bullish on Bitcoin too, you can actually short BTC by these coins, and that's generally you know, I I I think that makes more sense if you're trying to trade these things. They instead of becoming an instrument of, okay, maybe it'll 10X, 100X, whatever, they become a very good levered beta play on BTC.”

    Avi·0:00Hear it
• $PUNKS— Positive outlook on CryptoPunks NFTs due to their history and provenance.

  • “I like I like NFTs. NFTs are great, but only only the ones that have real history and real provenance, like your CryptoPunk”

    Avi·0:00Hear it

Bearish

• $LAYERTWO— Bearish on L2 tokens due to their potential to cannibalize ETH activity.

  • “L2ss can take off. L2ss can get interesting activity, but they're gonna cannibalize you... Everybody that was invested in L2ss kind of ignored us. But the reality is that L2ss cannibalize activity on ETH, and they don't provide enough, they they don't provide enough fees to ETH to make it worthwhile.”

    Avi·0:00Hear it
• $ETH— Bearish on Ethereum in the long term, questioning its value proposition.

  • “My personal my personal view is that there's no reason to hold the theory of anything... I'm very bearish on Ethereum. This has been my this has been a very clear sense of mine from the beginning is that, yes, it can do well because of flows over a 6 month time frame. But over a 5 year time frame, I see no reason to hold this thing, personally.”

    Avi·0:00Hear it
• $LAYERONE— Bearish on Ethereum in the long term, questioning its value proposition.

  • “I don't like any L1 other than BTC, ETH, and Solana for, like, a time horizon of longer than 3 months. I could see how you could have views for on Tron for a few days, but, like, to me, Telegram, like, TON is the most interesting kind of, like, mega cap coin, and it hasn't budged since March. It's, like, unchanged. And so if that thing isn't rallying, I'm, like, struggling to understand how any of these other all l ones will rally. Telegram actually has things, like, actual applications being built on it that have product market fit. ”

    Jonah·0:00Hear it

Not investment advice.