Avenger Call – 11 Jun 24

00:14: Overview of recent market sentiment changes and analysis of Bitcoin chart showing rejection at $71k and falling trendline.
04:37: Important FOMC and CPI news coming the next day and potential increased volatility.
09:00: Altcoin charts showing bleed in altcoins compared to Bitcoin.
09:17: What RUNES protocol is for meme coin trading on Bitcoin and how it works.
13:44: Resurgence in GameStop and AMC stocks from famous investor buying back in and loading up.
20:11: The RPC for the base network has been added.
21:03: Bridging ETH from Ethereum to the base network is quick and easy.
21:11: The 7 day unlock period for bridging tokens back from the base network to Ethereum.
31:00: What the TARS protocol project aims to do based on its website information.
35:15: Unusual historical price action where the token stopped trading for 9 months in 2023 before resuming.
36:19: What happened to the token and tokenomics during the 9 month period it was not trading.
40:11: BTC trend line resistance and potential double top pattern forming with neckline at 63,000 price level.
43:02: Trend lines and fibonacci retracements on BTC daily chart, identifying potential support levels like 57,000.
44:00: Compression pattern breakdown on BTC and potential retest of highs around 62,000-64,000 price range.
46:00: BTC price action over last 9 months and noting current pullback still higher than previous periods.
48:30: Ongoing ETF approvals and interest from institutions as signals the bull market is still underway.
50:08: Analysing ETF inflows and outflows, noting continued net inflows suggesting the current day may still be green despite pullback.
56:54: Drawing and analysing descending channel on TAO daily chart and noting lower highs/lows since March.
58:04: Identifying potential support for TAO around 275-290 price range based on trend line and volume profile.
59:26: Re-entry opportunities on TAO bounce off potential support range.
01:01:29: Technical analysis of Kaspa comparing it to TAO and noting its strong performance in May.
01:03:26: Taking advantage of potential NEAR price movements by selling DOT rewards.
01:04:07: Areas of interest in buying PIF, Entangled, and others if prices retrace further.
01:06:01: BTC dominance cycles and strategy for switching between BTC and alts.
01:08:10: Whether to take profits on Chili prior to the Euros tournament.
01:10:16: Technical analysis of Ethereum discussing price range and support levels.
01:15:50: Current portfolio positioning and strategy around hodling versus selling and rebuying.