Bitcoin Nvidia DOOMSDAY? (MAJOR Strategy WARNING)

**Drew** (0:00)
Welcome in to Discover Crypto, where we are all Stockholm Syndrome hostages of the cryptocurrency market. Then once again, the quant, the Chinese quant, set down today. It has been bleeding today, but thankfully, I got even more tether in my pocket. You better get in the Discord. We're gonna trade our way out of this one. Welcome one, welcome all to the show. I got my main man, my sidekick, my killer in Manila, Kelly Kellum. I am a great conjoined.

**Kelly Kellam** (0:38)
We gotta keep positive vibes today, man. You know?

**Drew** (0:41)
Yes.

**Kelly Kellam** (0:42)
I mean, everybody was feeling like this. Everybody was feeling like this at $120,000. But now it's feeling like this because they're feeling a little bit crazy, and you're looking at TA, and you feel like this because the market is like this, man. But there's some signs and signals.

**Drew** (1:00)
That's right.

**Kelly Kellam** (1:00)
I'd like to talk to you all about your car insurance.

**Drew** (1:04)
I love this, Chad. Positive vibes. Have you seen a clickbait? You're damn right. I have some of the finest clickbait this side of the Mississippi.

**Kelly Kellam** (1:12)
Now, hey, but Max Payne, I mean, we're looking at the fastest velocity downturn with the complete evaporation of sentiment. And if you see Max Fiery, like, can it get any worse? This market has proven to be beyond the rationale level that anybody could have expected. So we got a lot to dive in today.

**Drew** (1:31)
Yes, and I'm excited for it. I'm happy to be alive, enjoying the sunshine. Now, if you were in our Discord, oh, there's the pooch too, keeping us company here. If you're in the Discord, you caught the short signal from this zone down to here, made a good move on there. And then also, I put another short up in at 27.9, closed it right at about this RSI here. I did those over on Vdex and Blowfin, and I am gathering points for... I'm checking out this decentralized exchange, Vdex as well, gathering points, just clipping trades quickly. But the pain is across the industry, folks. We have lead and guts, but double zero on its way back. Very, very interesting. Bitcoin Cash up by 7%, Aster's up by 6%, Ethereum Coke Classic up by 1.1% or 1.4%, but there is blood and mayhem all over the place. We got Dash, Zcash, Hyperliquid, Neo Protocol, Optimism, Starknet, Aptos, Mantle. The list goes on. And you know what? The one that interests me in... Oh, there's two of them that interest me for deals. Morpho and Betensor. Morpho and Betensor. Now, Betensor, I'm a greedy entry point person. I want to get this thing as close to 200 bucks a piece as I can get. Another one I am tracking is Sui. Now, Sui has been on a violent, violent return back to home. And when I look at the TVL, things are looking a little grim, okay? But talking to Justin this morning, Justin had a really, really good piece of insight for me. And it was, we look at Sui right now the same way that we looked at Solana a while back. And if you look at Solana's overall timeframe, a lot of people gave up on Solana here, and psychos that believed in the protocol were picking it up at like 10, 20 bucks a piece. Now it's crashed down to $129.
Sui, I think, has more downside. I think TVL will go down here to the $500 million zone, but that would be a pretty damn good entry point for me. And what do you think about that comment? Not a single person IRL around me holds crypto right now.

**Kelly Kellam** (3:53)
It's a reminder of what's happening in the market, and we forget how small of a bubble we live in, especially like here in the Discover Crypto family, whether on X Spaces, if you're trouncing around, even if this is your first time on this channel, on crypto Twitter, there's bubbles, and we're definitely in a bubble. And we think, you know, we think about stuff by way of being involved with Bitcoin and any sort of crypto. I mean, I think everybody could agree that almost all of you weren't considering what was going on with the Fed interest, you know, FOMC, and oh my god, when's the first time you heard Japanese Yen carry trade? Was it before or after you got in crypto? When you're thinking about global liquidity, when you're thinking about business cycles, and then furthermore, all these things are stuff that are people that are focused on assets are considering, and we think the world is awake to this. And then you talk to, you know, 45-year family members, and maybe one of them is on the edge of getting in, maybe one has gotten in, but the majority of people, I mean, this is a very niche emerging asset class, which also means it's a lot easier to push around, and these swings in volatility from speculation can really do tech hold, and shake the core out of the tourists that are here.