Ethereum & Cardano Pumping (Altcoin Accumulation Zone)

**TJ** (0:00)
All right, welcome in to a happy Friday in the Cryptoverse. TJ here, we're going to have a really good show today. I'm joined with Drew. We've got inflows, massive reversal money flowing back into crypto altcoins looking healthy or at least looking alive for the first time in a long time.
I don't want to jinx it, but Ethereum actually put a smile on my face today. It should be a really fun day. We also have schools launching. Yeah, here you go. Here's the guy. Old season is back guys. No, not necessarily, but we're saying they're showing signs of life. You know, if it's a Twitch, if it's a dead body on the ground, I just saw the foot Twitch on Ethereum for the first time in a long time. But welcome in. I got Drew here with me. I messed up the cameras again.

**Drew** (0:42)
Wild man.

**TJ** (0:43)
You're there. We go. There we go. We're both in here. I got Drew and it's still probably not work right. But yeah, I I I hit the top pumpers of the day. I see it's already it's already let me down. Ethereum was up here. But Tom Lee is actually smiling and happy.
We've got school launching next week, officially launching but soft launching already talking to some people in there. And that's really, really exciting opportunity. I'm going to still have to figure out how to get this work.

**Drew** (1:12)
All right. Yeah, it's I found myself staying up till basically like 3 a.m. in the morning or I think it was like 2 30 or something like that. But I was able to kind of get some deep analysis that people are asking in that community, how do you actually find when a coin is bottomed out? And this is where all my obsessive research, all that action is going to be going into. Yes, I'm obsessive and I'm a little crazy. We have a I feel like we have a few months timeframe right now to really build up strong coin portfolios and identify which ones aren't actually dead. They're just beaten down with the rest of the market is where stupid money has been made. So I know, you know, I come from the basement mostly, and I was a head researcher here for years and writing all content, doing a lot of the research for the main channel.
But this is where the time frame to actually make stupid amounts of money off of even dead, what they call dead projects right now, is over the course of the next few months. You will find me a little bit hyper obsessive in that school, and I'll be answering basically every single question that comes about in there. And now, seeing this market where it's at right now, I mean, we are bumping our head against $62,000 in Bitcoin. Ethereum is actually showing a little bit of a heavier pace on this rebound, and the Ethereum to Bitcoin chart is absolutely looking insane right now, which I will be covering on the show.
BNB, mechanical protection, around that $500 per token level, that's showing itself once again. XRP, showing a very low activity level on a few different key metrics. So a rebound usually has happened when I see this on XRP. And hyperliquid, back up to the $70 mark there. The markets are looking really good. The real things that I want to focus in on in terms of, you know, rebuilding altcoin portfolios, because obviously I tethered up pretty heavily, right? Out of the bear market, when we started sliding downhill, I just tethered up. And now seeing the Ethereum and Solana price action and the metrics underlying, that's kind of where I build that out. And then, you know, kind of expand that. Maybe my mic, I mean, I got to get a little closer, but...

**TJ** (3:34)
No, it's something...
I don't know if it's the cable. Yeah, there's some popping going on there. So I don't know if you've unplugged or re-plugged it recently, but maybe you could try that.

**Drew** (3:44)
Okay, yeah. I'll try to unplug real quick to see if I get it to fit here. I don't know if I can reach...

**SPEAKER_3** (3:49)
Let me see here.

**TJ** (3:53)
Well, I would just... Yeah. Try that.

**Drew** (3:57)
How's that? Did it work?

**TJ** (3:59)
Actually, yeah, I think it sounds better so far.

**Drew** (4:02)
All right, perfect.

**TJ** (4:03)
Well, anyway, we'll figure it out later.

**Drew** (4:07)
All right. Well, I'm just going to grind through this because I'm excited about the news.
Spot Bitcoin ETFs return to net inflows on Thursday, snapping that 10-day losing streak. A weak jobs report on softer signals from the Fed are easing pressure on risk assets, and the inflow ended a stretch that drained about 2.7 billion from the funds and closed out a miserable June. Miserable June, with the worst month on record for US spot Bitcoin ETFs, which bled around $4.5 billion, and Bitcoin fell to that 21-month low below $58,000. And I said it right after that happened, the $57,000 dip.