**SPEAKER_1** (0:00)
This is Discover Crypto, we have a huge show for you today. We got to talk about Bitcoin's scary signals that are pushing it down even further than where we're at, and maybe even pushing it below $60K. We're going to talk about this indicator that is pinpoint accuracy when it calls for a drawdown. And then we have another altcoin that went from a $1 billion to a $3 billion market cap in 24 hours, tripled. We're going to talk about that altcoin, but I got a warning if you're thinking about, if you're even considering buying this altcoin, smash the like buttons, everybody. It is a beautiful Monday, and I'm joined here by Drew. Drew, we got a lot of volatility in the markets. Things are going all hectic left and right. I'm going to move from the left from the right. How are you doing today?
**Drew** (0:40)
I'm doing awesome, man. I caught that Trump Truth Social post on 50X leverage. So I'm feeling good. I started the morning hot. And really, you know, we have a lot to cover in that story. The markets are looking pretty bouncy right now. S&P 500 ripping, big move on oil, big move on Bitcoin. It's a good day to be a trader.
**SPEAKER_1** (1:04)
Yeah, it is a good day. You know what? On that note, I might just go ahead and cut and run on the short. This is the current percentage in profit. We're 10% in profit. We did see a short. I was late to the short, but the short actually didn't open or, you know, actually end up pushing a little bit higher, screwing up the entry. I was like, well, that wasn't a good entry down there. Maybe this higher entry is good for the short. So we are in a short. We're going to talk about Bitcoin primarily. But I do want to highlight the S&P 500 This is the daily chart. We're talking about a couple lines of support. One first support line here, 6100 Then we got your level here with this GapPhilo 5700 But if you go to the daily chart, you'll see there's a little bit of a trend line here. You can see the cut the bottoms here, cut the bottoms there, and look where we bounce, Drew. This is very, very impressive. Or the stock market, considering all the volatility coming from this Truth Social from Donald Trump. We're going to read this, and what does it mean for Bitcoin? What does it mean for oil? What does it mean for some of these broader stock market indices here? And when we go back to the Bitcoin daily chart, we're still in this range. We drew out this range last week. We kind of poked below at Sunday, but then Monday open, we are bouncing well above this. And you can see just kind of traipsing along the line right there. I did have something in the shorter term I want to share. Look at that, Drew. Hit against it, hit against it, hit against it. Had a fake bounce here, a little fake, you know, fake act of support. And then a nice little pump here, but where it wicks, it sticks. And it's right where it wicked earlier. What do you think, Drew?
You cut the long. Are you thinking about shorting right now?
**Drew** (2:40)
It's kind of tantalizing, but we've already gotten the post from the Iranians kind of discrediting what Trump had said, and the market's not giving up any of the ground it gained, which is, you know, if you're a bear, you should be concerned right now.
**SPEAKER_1** (2:54)
If you're a bear, this is the... Or I was going to say, exactly what you're talking about, this is the effects on the stock market. So Trump had a post. We're going to cover a little bit more detail later. Productive talks. Look how the stock markets reacted to this post here. And then there was an Iranian denial. And this is from the IRGC, Iranian Revolutionary Guard Corps. And we're going to talk about that. But right now, Drew, coming up to a very, very interesting point here for the stock market. This is the S&P 500 Now, let's talk about Bitcoin a bit. First, I do want to share what do we have in the altcoin market. So like I said, there's a major, major mover and is Siren. Look at Siren's 7-day gain there, 268%. I'm going to click on this. We're seeing a sharp, sharp pullback. We do have the charts on this one.
On the 24-hour, you can see the spike right there. Insane pump, pretty strong pullback. We did get a higher high. I'm going to talk about the wallet cluster on this one. And it might be a little bit of a cluster mug, if you know what I'm saying here. Bitcoin is now at 3.7%. ETH is at 4.6%. We have XRP with a little bit of a gain here. That's up 3.3%.
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