BlackRock Ethereum Pump Just Started (Staking ETF)

**DZ** (0:00)
This is Discover Crypto, and we have a major show for you today. We gotta talk about the latest BlackRock move. They are launching the ETH staking ETF today. And so we're gonna look at the ETH charts, we're gonna look at the Bitcoin charts, we're gonna look at the oil charts, and we're gonna look at maybe some Cardano news that's gonna blow you away. But first, we gotta get into the price action, because Drew, we predicted this. I'm about to show you something. We talked about a area of resistance for Bitcoin, and it's this chart right here. And we're just tracking the top. So I don't know if you remember, I was calling out the dates. Sorry, I'm a little out of breath. I was literally dancing with the song.

**Drew** (0:35)
Yeah, I see you doing that in the backstage. I'm just like, is this real?

**DZ** (0:39)
I called the Tom Cruise. I jumped on the couch, and I got a lot more winded than I was expecting. So if you see me gasping for breath, that is why, folks. But you can see Bitcoin hit a top here, hit some resistance, hit some resistance. And then yesterday, we drew the line out. We said, hey guys, this is just a potential area of resistance. It looks like Bitcoin's having difficulty passing this range, and if you draw this out, folks, look at that, everybody. So Bitcoin coming exactly to this range, exactly to this resistance. We're not in Nostradamus. It was just pretty obvious. If you zoom out a little bit, you can see Bitcoin clearly having some issues clearing this level. But Drew, right now, it is coming up to a symmetrical triangle. Bitcoin's going to make a move pretty soon. What do you got, Drew, up or down? Where are we heading?

**Drew** (1:22)
Oh, boy. I mean, from my TA section, I got some kind of scary stuff.

**DZ** (1:27)
Ooh.

**Drew** (1:28)
Yeah, I got some kind of scary stuff I'm looking at. And really, we have the Federal Reserve FOMC meeting for the US on the 18th, but also the Bank of Japan on the 18th. There's a lot of forex pressure coming up from what's happening with oil. We opened up oil markets today. We're back over 100 This is not good in terms of foreign exchange rates.

**DZ** (1:49)
Yeah, we're going to look at the oil options. We're going to look at the liquid natural gas options. We're going to look at the oil price. I found something pretty remarkable as well. This is August 8 We're going to draw this out and give you another potential top for oil. Keep an eye out on that. Let's look at the... Oh, everybody, if you could go ahead and smash the like button. Everybody hit the likes. Thank you, J-Miz. Saw a couple of people in here hitting the post there. Yeah, if you could hit the like button, that's going to be appreciated here. One House Productions, we definitely appreciate it. So good morning, Disco Fam on this wonderful Thursday. So let's get into the crypto news. Let's look at the rest of the market here. We're going to hit refresh, make sure we got that fresh data. Bitcoin is down 1%.
ETH is pretty flat. Expect some major moves with this BlackRock ETF. We're going to talk about that in a second. XRP is down 1%.
We have Dogecoin, a little bit of a pump there. Cardano down 1.4%. The whales have been reducing and hype continuing to do well. We're bull posting hype, talking about hype, and we're going to look at the hype chart and the Tau chart a little bit later. And give me your AI choices. What should we look at? I want to look at one more AI altcoin, maybe Pippin. Maybe there's something else. I don't know if you have any favorite AI coins, Drew.

**Drew** (3:01)
Yeah, I mean, Tau is definitely on the top of my list. And I just, you know, the more and more that this AI economy rolls out, the more we can conceptualize what AI agents actually mean in terms of, you know, what crypto is going to have a part in. I feel like we need to take the AI sector more and more seriously. There's a lot of, you know, kind of gone and, you know, gone forever AI projects that have come and gone. But I am starting to think a lot heavier about the AI agent sector and which product, because all we need is to hit a few of them that AI agents like, you know, two or three years from now to really make some stupid amount of money.