New Fed Chair- ALL IN On Crypto

**SPEAKER_1** (0:00)
This is Discover Crypto. We have a huge show for you today. We're going to expose the Fed official's portfolio. I'm talking about Kevin Warsh. This is the replacement for Jerome Powell. He just posted his holdings, an extensive list of holdings last night, and not everybody's catching all the altcoins on this list. You really got to dig, and we did the digging. I was pouring through the disclosure this morning, and I'm joined here with Drew.
And Drew, we're going to have someone from the Bitcoin Conference coming on towards the end of the show. That's going to be fun. We're going to throw him some fastballs.

**Drew** (0:29)
He's a pretty cool guy. I'm very excited. Bitcoin Vegas is right around the corner. It's coming at us at 100 miles an hour, so I'm getting ready for it. But Bitcoin's been acting a little feisty the last few days here, Deez. I'm wondering if the pump can continue.

**SPEAKER_1** (0:43)
All right, well, let's look at Bitcoin now. We talked about this level right here. We called a little bit of resistance. It did take us a few days to get past this range. One, two, on the third day, we passed by it. And on the two hour chart, you can see the bears tried to push it back down into this level, but the bulls are holding strong. And you can see, interestingly enough, we held support right here at the local peak. And this is right at 73,700. Right now trading around 74,400. And if you're looking at, you know, the top of the range, we got a nice little bounce, potentially. Another 5%. We fall to the bottom of the range, could fall about 10%.
Still, Bitcoin is still just trading within this range. But Drew, let's look at the rest of the market. Let's just hit refresh here. Bitcoin now down. ETH is down. XRP is down. How about that? How about that? Look at that. Crypto Crank said, the best altcoin in the majors, BNB.
BNB doing pretty well right here. Tron also doing pretty well. We have Dogecoin down 2.6%.
Hyperliquid is up 0.7%.
Cardano is down. Chainlink is down. And DEX, D-E-X-E, that one is up 21%. Siren's up 18%. I mean, Aave, Aave starting to pump here. Still far away from where I would consider taking some profit. Aave likes trading around these $100 psychological levels. You can see here, that was 350 Little breakdown right here at 300 Nice little breakdown at 200 And then now finding support right around 100 And this used to be a lot higher, folks. This was trading around 600 You can see the nice Trump pump effect, but maybe we'll get a Clarity Act pump as well on Aave. Let's look at the big losers, Drew. What do we have here? Rave Dow.
God, that seven day is still nuts, Drew.

**Drew** (2:27)
Yeah. Where's the rave? Oh my God. 4,500%.
And 90% on the 24 hour. That's but a scratch. There's much more pain to come. You know, rave Dow being up that much. I would be very cautious about, you know, trying to chase any of those super low market cap projects that are moving like that. Usually it ends up poorly. Interesting to see WorldCoin up on the week as well. Absolutely nuts.

**SPEAKER_1** (2:54)
Yeah, we do have some Clarity Act updates. We're going to talk about that. What is the next resistant point for Lido Dow? Thank you very much. Well, let's go into the ETH chart. Then we'll go into the Lido Dow chart here. A very similar project, Lido Dow, a DeFi project on Ethereum. Covered these levels, we bounced off support, potential bull flag breakout played out beautifully. All these predictions came true. I'm going to go ahead and delete it. Let's get it out of the way. But now we're coming up into some pretty stiff resistance. I found this in the charts looking this morning, folks. And so I'm going to show you this green rectangle and this red rectangle. And we got to go all the way back to the summer of 16 No, we got to go back to 2021, though. This is one of the first major resistance zones for Ethereum in the 2021 run up. And you'll see a nice little bit of a bounce here, nice little bit of a bounce. Then we also have this area. This also acted as support. This is January 22
And so after we crashed, we had a nice dead cap bounce. The dead cap bounced. Used this area as a springboard. Found a little support, found a little support, got that dead cap bounce, and then we ended up crashing. Played around in this range, and then this area became resistance. This area acted as resistance again. Keep going, acted as resistance again. Acted as resistance again.