WEBVTT 00:07.930 --> 00:12.112 [SPEAKER_05]: All right, everybody, welcome back to another episode of the crypto rundown. 00:12.272 --> 00:17.035 [SPEAKER_05]: It is blood in the streets, Michael Sailor said, selling Bitcoin. 00:17.075 --> 00:24.478 [SPEAKER_05]: Jamie Diamonds coming after the Clarity Act, and there is no major blue chip green shoots in sight. 00:24.859 --> 00:26.259 [SPEAKER_05]: The market is dropping. 00:26.500 --> 00:27.560 [SPEAKER_05]: People are crying, Brendan. 00:27.580 --> 00:29.601 [SPEAKER_05]: They're flooding the streets saying, is Bitcoin dead? 00:29.641 --> 00:30.141 [SPEAKER_05]: Is it dead? 00:30.221 --> 00:30.822 [SPEAKER_05]: Is it over? 00:31.482 --> 00:33.022 [SPEAKER_05]: But we've seen this story before. 00:33.062 --> 00:35.683 [SPEAKER_05]: We've been here through the volatility over the years. 00:35.923 --> 00:39.984 [SPEAKER_05]: So if you're interested in knowing what is going on, we've come up with some reasons. 00:40.024 --> 00:44.506 [SPEAKER_05]: We've done the research to bring to you why we think Bitcoin, Ethereum, or dropping. 00:44.806 --> 00:48.067 [SPEAKER_05]: But not so fast, there are green shoots in this market. 00:48.087 --> 00:52.268 [SPEAKER_05]: And if you've been listening to Crypto101 podcasts on audio or YouTube, 00:52.588 --> 01:02.335 [SPEAKER_05]: you over the last couple weeks have gotten some of that insider information on what projects we think might be continuing to go to the upward trend, the counter trend. 01:02.596 --> 01:04.417 [SPEAKER_05]: And we've given you some winners on this show. 01:04.457 --> 01:08.860 [SPEAKER_05]: So we're going to circle back to those at the end of the show to show you how they're doing compared to the rest of the market. 01:09.060 --> 01:11.482 [SPEAKER_05]: But we have to start off with the A-block news. 01:11.542 --> 01:13.704 [SPEAKER_05]: Brendan Bitcoin is in a slump. 01:13.744 --> 01:14.825 [SPEAKER_05]: Ethereum is in a slump. 01:14.845 --> 01:15.565 [SPEAKER_05]: We have Coin Market 01:19.448 --> 01:31.958 [SPEAKER_05]: Bitcoin, Ethereum, even just the coin market cap 20, seven days and a slide of 10% and a lot of that move for Bitcoin's been in the last 24, 36 hours, a hefty decline. 01:32.018 --> 01:36.922 [SPEAKER_05]: So just let's go before we break down into the specifics of why we think this is going on. 01:37.342 --> 01:38.283 [SPEAKER_05]: What's your take? 01:38.383 --> 01:39.144 [SPEAKER_05]: How are you doing? 01:39.184 --> 01:40.465 [SPEAKER_05]: I know you're out in California. 01:40.485 --> 01:45.709 [SPEAKER_05]: We appreciate you taking the time to jump on, but how are you navigating the macro 01:50.093 --> 01:51.994 [SPEAKER_04]: Yeah, there's a lot of negativity right now. 01:52.174 --> 01:53.715 [SPEAKER_04]: You're feeling it, you're seeing it. 01:54.396 --> 02:01.680 [SPEAKER_04]: Bitcoin kind of breaking down through a big old level of 70,000, currently floating around $65,000 per token. 02:01.700 --> 02:06.983 [SPEAKER_04]: You have a theory I'm getting back to 1800 bucks, briefly kind of peeking, it's head around that territory. 02:07.324 --> 02:14.808 [SPEAKER_04]: Salon, I getting back under the mid 70s, which is where we've spent most of the time since that last like down back in the February. 02:15.449 --> 02:15.589 [SPEAKER_04]: And, 02:16.349 --> 02:24.577 [SPEAKER_04]: What you have here is you have a lot of large caps breaking through critical support levels and there are a couple of catalysts that are causing this but 02:25.696 --> 02:30.178 [SPEAKER_04]: There are a lot of like more traditional altcoins that are performing quite well here. 02:30.198 --> 02:33.859 [SPEAKER_04]: And we'll look at these probably, I think a little bit later on in the episode. 02:34.920 --> 02:37.461 [SPEAKER_04]: But just to kind of briefly mention a few. 02:37.481 --> 02:39.282 [SPEAKER_04]: I mean, you've had Z-Cash going or run. 02:39.582 --> 02:40.502 [SPEAKER_04]: You've had near. 02:40.542 --> 02:42.703 [SPEAKER_04]: You've had hyperlick with you've had Venice. 02:42.763 --> 02:45.404 [SPEAKER_04]: You've had, I think a gosh has been on a pretty good run. 02:45.544 --> 02:47.385 [SPEAKER_04]: Earlier in the year, you had Canton. 02:47.665 --> 02:51.647 [SPEAKER_04]: You had Tao, we're in full on popcorn season. 02:52.253 --> 02:57.998 [SPEAKER_04]: And it does feel like a lot of these AI-based cryptos or even hyper-liquid, which is in as much AI. 02:58.758 --> 03:03.262 [SPEAKER_04]: But it does feel like they're kind of sucking market share away from some of these large caps. 03:03.682 --> 03:09.167 [SPEAKER_04]: And it's kind of going from Bitcoin, from Ethereum, from Solana, from B&B, from XRP, 03:09.600 --> 03:15.443 [SPEAKER_04]: and into things like Venice and Near and Hyperliquid and a handful of these other ones as well. 03:16.203 --> 03:25.728 [SPEAKER_04]: So if there's anything to kind of watch right now, it is sector-specific runs and also just like individual altcoins that are running as popcorn season. 03:25.768 --> 03:29.230 [SPEAKER_04]: It's not the moment where the entire crypto market is moving up. 03:29.710 --> 03:35.873 [SPEAKER_04]: It's just these select individual names or these select kind of individual sectors 03:36.353 --> 03:40.136 [SPEAKER_04]: And that's what's running as opposed to the entire market kind of getting this rebound. 03:40.156 --> 03:44.379 [SPEAKER_04]: So pretty big break of support here for sure, from a technical perspective. 03:45.300 --> 03:46.741 [SPEAKER_04]: You really don't want to see much lower than this. 03:46.781 --> 03:54.286 [SPEAKER_04]: In fact, you know, even with this move down now, it does kind of raise some red flags and open the conversation back up of, can we go to new lows? 03:54.386 --> 03:57.809 [SPEAKER_04]: I wish I had my charts up for us to even when we'll probably talk about this. 03:58.269 --> 04:03.073 [SPEAKER_04]: Maybe on Friday when I'm back or maybe we can do an episode of Dan or maybe we can do one on Monday. 04:06.155 --> 04:11.817 [SPEAKER_04]: But what you had here in recent weeks was a rejection of a bunch of key levels on Bitcoin. 04:11.937 --> 04:14.338 [SPEAKER_04]: You had a rejection of the 200-day moving average. 04:14.358 --> 04:16.839 [SPEAKER_04]: You had a rejection of the anchor view up from the high. 04:17.199 --> 04:23.521 [SPEAKER_04]: You had a rejection of the prior consolidation, a rejection of this big or bear flag that Bitcoin's been in. 04:23.561 --> 04:26.482 [SPEAKER_04]: It hit all these critical levels, solve this with rejection, 04:27.242 --> 04:44.191 [SPEAKER_04]: And then following that, you've seen the subsequent breakdown and a lot of the market is following, but again, I think the key thing to kind of take note of here is that even though a lot of the market is following in this move down, you have a handful of coins that are defined this move and seeing substantial runs to the upside. 04:44.211 --> 04:51.715 [SPEAKER_04]: So we'll probably circle back to that a little bit later on, but I think it's worth noting for the general listener out there. 04:52.883 --> 05:13.713 [SPEAKER_05]: Yeah, it's a great point and yeah, we'll deep dive onto those projects that are popcorn to the upside later in the show because it's honestly it's a little repetitive because if you've been listening and this is a good call, if you're new here, give us a like, subscribe, you're in the right place and if you've been coming back to the shows, even though the market at a macro level has been trending downward, 05:14.033 --> 05:16.555 [SPEAKER_05]: We've been talking about all those ones that Brendan mentioned. 05:16.575 --> 05:28.602 [SPEAKER_05]: Your vennaces, your hyper liquids, um, years and inside the community again, you're getting that stuff weeks before, but even just on the podcast alone, we've been talking about this for six to eight weeks now. 05:28.702 --> 05:38.467 [SPEAKER_05]: So, uh, a lot of positive price action, if you know where to look, but it's, it's again, Bitcoin for a lot of us, and I know me and you included, we like to trade around the volatility sometimes. 05:38.547 --> 05:42.590 [SPEAKER_05]: And, you know, that stuff, as you've been saying, when you've come on the show and shown us the charts, 05:43.310 --> 06:11.191 [SPEAKER_05]: and Brian has been saying as well as like hey it looks kind of choppy here it doesn't look like it's a time to step in and go super long with leverage it didn't look great but at the same time we have a lot of our you know Bitcoin just kind of steady bags we're not trading around it it's something that we hold so everybody's feeling the pain with that type of trade but there's still winners out there but let's go let's jump over to the fear and greed index and then at the end of the show we'll circle back to coin market cap and go over those winners again one more time for the 06:12.248 --> 06:24.796 [SPEAKER_05]: So we brought this up a couple times I think in the last month we haven't talked about it much lately because we got out of that if we scroll down We're talking about a lockdown here when we were in extreme fear early in the year we came out of it 06:25.324 --> 06:28.306 [SPEAKER_05]: crawled our way back up, got into that neutral level. 06:29.046 --> 06:31.508 [SPEAKER_05]: Just a smidge agreed there at one point, not too much. 06:31.548 --> 06:36.691 [SPEAKER_05]: And we've been really in this neutral level Brendan since let's see, beginning of April. 06:37.192 --> 06:43.616 [SPEAKER_05]: Yeah, basically, beginning of April all the way to recently, the end of May and early June. 06:43.656 --> 06:44.897 [SPEAKER_05]: And now we're in the fear. 06:45.437 --> 06:47.618 [SPEAKER_05]: and we are creeping towards extreme fear. 06:47.658 --> 06:55.161 [SPEAKER_05]: A couple more points down for Bitcoin and Ethan will be there for sure, you know, in the coming days for the fear and greed index. 06:55.201 --> 06:59.662 [SPEAKER_05]: So again, nothing we say is financial advice. 06:59.682 --> 07:01.423 [SPEAKER_05]: We're just a couple of friends talking crypto. 07:02.363 --> 07:13.151 [SPEAKER_05]: The volatility here when you're in the fear again, like bring going back to this chart, historical times of extreme fear over the last, I mean, this is of all the way back to 23, right? 07:13.171 --> 07:23.259 [SPEAKER_05]: You got extreme fear here, you buy here, it goes up, you got extreme fear here, you know, long term, these are historically good times to step in, right? 07:23.339 --> 07:29.383 [SPEAKER_05]: But again, you have to kind of make your own research, do your own research, make your own decisions, anything for the 07:32.169 --> 07:41.072 [SPEAKER_04]: Yeah, well, I think it all goes back to the original Warren Buffett quote that we've probably heard a million times, which is be greedy when others are fearful and fearful when others are greedy. 07:41.913 --> 07:44.434 [SPEAKER_04]: And that's kind of what we're looking at right now. 07:44.454 --> 07:54.998 [SPEAKER_04]: You know, when you see the fear and greed index get down into the extreme fear territory, historically that is an area where you want to start saying, okay, well, where can I find opportunity at a zone like this? 07:55.578 --> 08:05.047 [SPEAKER_04]: Now, when you see the fear and greed index get under or around the 10 or below, that's usually when you look at a bottom point, or you get really, really close to a bottom point in the market. 08:05.087 --> 08:06.969 [SPEAKER_04]: Now, we haven't hit it frequently. 08:07.029 --> 08:09.792 [SPEAKER_04]: It's only been a handful of times during Bitcoin's history. 08:10.172 --> 08:14.456 [SPEAKER_04]: They see it get so oversold, so much of extreme fear that you get down to a 10. 08:15.217 --> 08:27.712 [SPEAKER_04]: I would say if we do get down or below a 10, that's where I would really start looking more closely for a market bottom, but I still think I would look anywhere in the extreme fear territory for some sort of by the dip leg opportunity. 08:29.254 --> 08:30.175 [SPEAKER_05]: Yeah, it's a great point. 08:30.316 --> 08:32.579 [SPEAKER_05]: And again, I think we're going to go. 08:33.059 --> 08:41.792 [SPEAKER_05]: We can jump over to kind of the Bitcoin specific things that are happening that really over the last 24 to 48 hours kind of caused a downswing. 08:42.152 --> 08:45.157 [SPEAKER_05]: But again, it's a macro instrument and so. 08:45.710 --> 08:48.652 [SPEAKER_05]: what what feels will let's jump into it and then we can broaden the discussions. 08:48.672 --> 08:49.493 [SPEAKER_05]: So let's go over. 08:50.114 --> 08:51.415 [SPEAKER_05]: Um, I like this tweet. 08:51.455 --> 09:00.202 [SPEAKER_05]: It's something that I've been trying to follow of, uh, you know, what caused this because again, Michael Sailor sold Bitcoin for the first time since what 2022. 09:02.163 --> 09:25.557 [SPEAKER_05]: Uh, and so everybody freaked out in the morning and, you know, again, we've kind of covered he, to his credit, he least kind of projected this strategy or this newer strategy of a, hey, we're going to sell Bitcoin to fund the dividend, we're buying some bonds to consistently fund the dividend, and then like, we'll buy more Bitcoin, we're going to buy more Bitcoin than we sell through his financial alchemy of the strategy and all the preferred stocks. 09:25.577 --> 09:30.180 [SPEAKER_05]: We kind of covered that over the last couple weeks of what they're trying to do in their strategy of 09:30.640 --> 09:31.680 [SPEAKER_05]: micro strategy. 09:32.060 --> 09:32.881 [SPEAKER_05]: So that was one thing. 09:32.901 --> 09:33.941 [SPEAKER_05]: They officially sold. 09:35.461 --> 09:43.043 [SPEAKER_05]: We talked about the strength at the beginning of the year up until this point the black rock I bit and all the Bitcoin ETS had a lot of relative strength. 09:43.323 --> 09:49.024 [SPEAKER_05]: There wasn't a lot of panic selling there seems to be a little bit of a tipping point here. 09:49.325 --> 09:54.906 [SPEAKER_05]: We've had nine sessions of outflow so again the trend is downward for the ETFs 09:55.326 --> 09:57.047 [SPEAKER_05]: we had a bunch of liquidations. 09:57.647 --> 10:03.891 [SPEAKER_05]: We were getting the tweets, you know, in the market flash crashes a little bit, you start to get those liquidations for people with leverage. 10:03.911 --> 10:11.715 [SPEAKER_05]: And this one I saw Mount Gox still flexing that it has some Bitcoin wallet, you know, moving a new wallet there on June 2nd. 10:12.075 --> 10:16.237 [SPEAKER_05]: It's the largest transfer in months ahead of an October 2026 repayment deadline. 10:26.259 --> 10:35.185 [SPEAKER_05]: I mean, I kind of like the counterargument of this is like it is starting to feel just like the AI trade, at least for me, is starting to feel frothy. 10:36.586 --> 10:43.490 [SPEAKER_05]: The Bitcoin negativity is definitely reaching a fever peak as long as along with eat as well. 10:44.011 --> 10:45.612 [SPEAKER_05]: Again, you go through these cycles. 10:46.032 --> 11:13.867 [SPEAKER_05]: these boom and bust cycles and again there's there's a lot of people in the street uh... sand you know hey bitcoins dead especially if he rams dead uh... and meanwhile you know i think i have it on the sheet here i'll pull it up uh... we have uh... sailor sailor and uh... or i said this as like sailor finally selling in the cycles like finding out your favorite super hero isn't real very sad uh... and it's like finding out the WWE was fake 11:14.642 --> 11:16.462 [SPEAKER_05]: Exactly, exactly. 11:16.923 --> 11:21.484 [SPEAKER_05]: So, Brendan, before I hand it off to you, there was one thing that we haven't talked about in a while. 11:21.604 --> 11:26.125 [SPEAKER_05]: And when Bitcoin was at all time highs, we were kind of tracking the sentiment. 11:26.185 --> 11:31.586 [SPEAKER_05]: One of the sentiments I like to see of a frothy, any market is when it leads the A-block A-block. 11:31.626 --> 11:34.146 [SPEAKER_05]: And Bitcoin was leading the A-block for a while at all time highs. 11:34.626 --> 11:36.047 [SPEAKER_05]: Obviously, it hasn't been there in a while. 11:36.127 --> 11:41.808 [SPEAKER_05]: Last night for the first time on CNBC N-Fox, I saw a Bitcoin A-block segment. 11:42.208 --> 11:47.611 [SPEAKER_05]: obviously sailor selling led that and they talked about Bitcoin's price action and how ports been recently. 11:48.091 --> 11:57.776 [SPEAKER_05]: So again, to me, sign like you're closer, that's a sign you're closer to the bottom than the top obviously. 11:57.876 --> 12:05.940 [SPEAKER_05]: So any thoughts on what you're seeing, sentiment wise, or breaking down any of the major catalysis that we went over. 12:06.635 --> 12:09.537 [SPEAKER_04]: Well, sentiment right now is pretty sour. 12:09.717 --> 12:12.158 [SPEAKER_04]: I think you don't have to be an expert to see that. 12:12.198 --> 12:13.879 [SPEAKER_04]: You go on a trip to Twitter, you see it. 12:14.319 --> 12:16.220 [SPEAKER_04]: You go and you talk to someone you see it. 12:16.800 --> 12:19.582 [SPEAKER_04]: Sailor selling is like a prime example of this. 12:19.942 --> 12:21.063 [SPEAKER_04]: People are frustrated. 12:21.103 --> 12:22.604 [SPEAKER_04]: You see a lot of frustration. 12:22.624 --> 12:25.425 [SPEAKER_04]: I think towards, again, the large caps here. 12:25.825 --> 12:29.607 [SPEAKER_04]: You see a frustration that Bitcoin has enacted as much as a hedge, right? 12:29.647 --> 12:32.029 [SPEAKER_04]: That's what Mark Cuban and some people have said before they sold. 12:32.049 --> 12:33.910 [SPEAKER_04]: I mean, it's not behaving as much 12:34.790 --> 12:36.291 [SPEAKER_04]: as much like a hedge as they wanted to. 12:36.331 --> 12:37.671 [SPEAKER_04]: So you see people selling Bitcoin. 12:38.091 --> 13:02.641 [SPEAKER_04]: You see people talking about Ethereum and saying, oh, it's lack of activity and it's like scalability and Vitalix skill is getting away from its original mission and some people are trying to say he's getting back to his original mission more, which is what Vitalix been trying to say, but this frustration there, this frustration with Solana too, where it's just not performing as well as people had expected and despite it seeing some levels of success from like on chain metrics, you see the token just 13:04.862 --> 13:07.265 [SPEAKER_04]: So you see frustrations from a lot of these different ends. 13:07.285 --> 13:15.516 [SPEAKER_04]: You go to the base ecosystem booming about a year or so ago, and then now as the market is declined, you see frustrations across the board and 13:17.966 --> 13:20.648 [SPEAKER_04]: I think that's what's throwing people for such a spin here. 13:21.308 --> 13:27.793 [SPEAKER_04]: So sentiment is definitely low, but I don't think it's as bad as people are making it out to be. 13:27.813 --> 13:35.018 [SPEAKER_04]: I think people's emotional reaction here is a lot worse than sentiment or the reality of the situation actually is. 13:35.638 --> 13:42.603 [SPEAKER_04]: So our things like picture perfect and jolly, not necessarily, but I also don't think it's this dehumistation area. 13:42.623 --> 13:43.724 [SPEAKER_04]: People are acting as if. 13:44.064 --> 13:57.119 [SPEAKER_04]: This space is falling apart and it's dead and there's no activity in this and that you go back and you measure a lot of what the performance metrics that we have seen To maybe a cycle ago or to when a lot of these assets were all time highs 13:58.608 --> 14:02.691 [SPEAKER_04]: we're doing fine from a couple of years ago, like we really, really are. 14:03.472 --> 14:08.455 [SPEAKER_04]: And I think people are easy to forget that kind of thing, right? 14:08.475 --> 14:16.241 [SPEAKER_04]: They always want something to be at all time high, they always want it to be growing, they always want the best nonstop forever. 14:17.021 --> 14:18.803 [SPEAKER_04]: that's just not the way that things work. 14:19.243 --> 14:21.045 [SPEAKER_04]: You can look at this from a million different ways, right? 14:21.065 --> 14:23.507 [SPEAKER_04]: You look at the metal's market people said that was dead. 14:23.907 --> 14:24.908 [SPEAKER_04]: It was never going to do anything. 14:24.948 --> 14:26.849 [SPEAKER_04]: And it didn't do anything for a long time. 14:27.150 --> 14:29.652 [SPEAKER_04]: Then it boomed and everyone's like, oh, forget, crypto's. 14:30.012 --> 14:30.833 [SPEAKER_04]: It's all metals. 14:30.933 --> 14:35.356 [SPEAKER_04]: And they forgot the what 15 years or the 10 years it went sideways. 14:35.777 --> 14:38.859 [SPEAKER_04]: And now all of a sudden everything had changed because it had this rally. 14:38.879 --> 14:40.581 [SPEAKER_04]: And then you go and you can look 14:41.241 --> 14:57.729 [SPEAKER_04]: at the software space right all software's dead AI is going to take it over this and that and like obviously that's not the case you could say the same thing with cyber security you solve it over on that front you solve the same thing like a year ago with Google right all Google's dead and um 14:59.080 --> 15:03.182 [SPEAKER_04]: It's, you know, it's not gonna be able to do anything now Google's hot and software is bad. 15:03.262 --> 15:06.283 [SPEAKER_04]: And then you have the chip makers are bad and it's all software. 15:06.303 --> 15:07.604 [SPEAKER_04]: And you go vice versa. 15:07.824 --> 15:15.467 [SPEAKER_04]: You have all these different things and the point that I'm trying to make here is that the way that this relates to crypto is that people are fickle. 15:15.868 --> 15:20.950 [SPEAKER_04]: People will forget as soon as the going is good for one, think it's bad for the other. 15:21.150 --> 15:27.833 [SPEAKER_04]: They switch sides and they're very, very easy to forget about what it was like and what happened. 15:28.273 --> 15:29.915 [SPEAKER_04]: And I think that's where we're at right now. 15:30.075 --> 15:33.959 [SPEAKER_04]: And again, you've seen this happen so frequently, not just in crypto, right? 15:33.979 --> 15:37.283 [SPEAKER_04]: Because we obviously seen it with market cycles and sectors doing good and bad. 15:37.703 --> 15:43.149 [SPEAKER_04]: But you've seen it in tradify so frequently as well. 15:44.370 --> 15:48.014 [SPEAKER_04]: So that's where I would just look at here is again, people sentiment is very. 15:49.296 --> 15:56.841 [SPEAKER_04]: very, very just much based on like whatever's happening at the moment and guess what people forget about this when the markets do move back higher. 15:57.242 --> 15:59.563 [SPEAKER_04]: I still think that there's a lot hanging on the Clarity Act. 15:59.583 --> 16:03.566 [SPEAKER_04]: I think there's a lot of importance there and there's a lot of fears. 16:03.886 --> 16:10.631 [SPEAKER_04]: I would say fears and frustrations and we're going to talk about this in just a little bit because there's some updates here and I think that's where some of this is coming from. 16:11.111 --> 16:17.340 [SPEAKER_04]: So I will kind of come back to this point, Tiva, once we start talking about the Clarity Act, because I think that has part of the reason. 16:17.360 --> 16:22.486 [SPEAKER_04]: I think Sailor Selling is just something that so many people were right or die for him. 16:22.867 --> 16:23.167 [SPEAKER_04]: For him. 16:24.042 --> 16:35.033 [SPEAKER_04]: I have so many friends that would listen to his talks, his presentations, they lived and died for the idea of he preached, never sells, going to appreciate all these things. 16:35.494 --> 16:38.457 [SPEAKER_04]: And then him selling was like gut wrenching for them. 16:38.757 --> 16:41.960 [SPEAKER_04]: They had been buying up MSTR, they believed in the mission, and they just 16:42.721 --> 16:52.843 [SPEAKER_04]: Even if it makes sense, and right now I think there's some justification for why he did this, even if it does, there was a lot of much more casual supporters of him who maybe aren't deep analysts. 16:52.863 --> 16:53.904 [SPEAKER_04]: This isn't their full-time job. 16:54.304 --> 16:58.045 [SPEAKER_04]: They're the ones who aren't going to go into the whole why behind everything. 16:58.325 --> 17:03.466 [SPEAKER_04]: They're just going to hear the basics of he said never sell now he sold, and that's just what goes into their head. 17:04.766 --> 17:07.167 [SPEAKER_04]: And they're hurt, I think they're hurt, and they're upset. 17:07.507 --> 17:12.871 [SPEAKER_04]: and they're hurt and upset because it's down 50% almost, Bitcoin's down almost 50% and now he's selling. 17:13.231 --> 17:16.233 [SPEAKER_04]: So to them, again, they don't look into the wise behind the situation. 17:16.513 --> 17:24.079 [SPEAKER_04]: They just see Bitcoin down, Bitcoin underperforming, Michael Sailer's selling at discount, and to them, they're just like, this is the worst thing ever. 17:24.519 --> 17:30.023 [SPEAKER_04]: Now again, I think there's some justification for why that's happening, but again, that just leads to frustration. 17:31.228 --> 17:32.289 [SPEAKER_05]: Yeah, it's a great point. 17:32.349 --> 17:41.233 [SPEAKER_05]: And Michael Sailer and Strategy have evolved over the years, especially the last year with all these preferred stocks and the financial alchemy that we've tried to cover that and our takes on it. 17:41.253 --> 17:50.078 [SPEAKER_05]: So it's like, it's an ever evolving process, but the facts of the facts, big coins down 50% you're selling at a discount here than a lot, you know, the all-time highs. 17:50.658 --> 18:01.422 [SPEAKER_05]: You know, look at these PNLs, you know, Michael Sailor back in the red down a 7.6 billion and Tom Lee down 8.9 billion Tom Lee continues to buy. 18:01.462 --> 18:07.805 [SPEAKER_05]: They bought last week, Michael Sailor bought some bonds last week, sold a smidge of Bitcoin this week. 18:08.545 --> 18:11.286 [SPEAKER_05]: So something to track just man. 18:11.566 --> 18:34.171 [SPEAKER_05]: the conviction of these guys as they march forward it's going to be interesting to you know see their comments but more than their comments especially for sailor now it's action i think um you know i think sailors of probably a borderline just in general very smart genius person just in this IQ uh and he's very well spoken and did a lot does a lot of press 18:34.711 --> 18:42.797 [SPEAKER_05]: But you know, changing your stance like if we're just going to call spade a spade, you know, we have plenty of clips and tweets of you saying one thing. 18:42.817 --> 18:44.958 [SPEAKER_05]: Now you're changing your tune and you credit to him. 18:45.259 --> 18:46.319 [SPEAKER_05]: He's projected this. 18:46.379 --> 18:47.320 [SPEAKER_05]: It's not out of the blue. 18:47.340 --> 18:53.084 [SPEAKER_05]: He's projected this and with the new, you know, preferred stocks and all that, but it's a different tune for sure. 18:53.204 --> 18:57.187 [SPEAKER_05]: So the market's digesting it and we'll continue to cover it. 18:57.287 --> 18:59.469 [SPEAKER_05]: As you said, we've got some clarity, act news. 19:00.209 --> 19:03.871 [SPEAKER_05]: Jamie crypto diamond and Brian Armstrong going at it. 19:03.891 --> 19:06.912 [SPEAKER_05]: Let's listen to this clip of Jamie that we're going to play it for about a minute. 19:07.472 --> 19:13.855 [SPEAKER_05]: And then we have Brian Armstrong's response, which was quite funny if you're into TV shows, current TV shows. 19:13.875 --> 19:18.677 [SPEAKER_05]: So let's break this down for Jamie diamond Brian Armstrong in the Clarity Act. 19:20.037 --> 19:21.738 [SPEAKER_03]: So, you know, this is complicated. 19:22.218 --> 19:26.420 [SPEAKER_03]: The government is doing thoughts like, if they don't do it thoughtfully, it will be because it'll be a huge problem. 19:30.082 --> 19:38.347 [SPEAKER_03]: No, because it allows them to effectively pay interest on deposits, tablecoins, or something like that, without the protection that they should have. 19:38.667 --> 19:42.189 [SPEAKER_03]: And it doesn't do anything very well BSA that it's almost no legal protections. 19:42.650 --> 19:44.991 [SPEAKER_03]: So now it's said, the banks are a lot accepted that way. 19:45.451 --> 19:49.334 [SPEAKER_03]: They want to end the ABA, the small banks, the credit unions, not just the big guys. 19:49.674 --> 19:56.238 [SPEAKER_03]: I'm not worried about tablecoins, but if it happened, I'm telling you, I would have nothing to do with it, and they would eventually blow up in his own. 19:56.638 --> 20:00.921 [SPEAKER_03]: Okay, but that's my personal thing, but I do understand the concern of all the other banks. 20:00.961 --> 20:02.382 [SPEAKER_02]: So, well, the markup is coming. 20:02.402 --> 20:03.443 [SPEAKER_02]: I mean, what are you going to do about it? 20:03.463 --> 20:04.284 [SPEAKER_03]: It is, we'll fight it. 20:04.384 --> 20:05.665 [SPEAKER_03]: If we lose we lose him, we'll live. 20:06.265 --> 20:06.505 [SPEAKER_03]: Okay. 20:06.525 --> 20:07.246 [SPEAKER_03]: But it will be five. 20:07.286 --> 20:11.769 [SPEAKER_03]: This will not be the knowing that no is going to bow down to this guy, okay, or that company. 20:12.250 --> 20:16.413 [SPEAKER_03]: And by the only one, and he's spending hundreds of these dollars and walking to this thing. 20:16.433 --> 20:16.773 [SPEAKER_02]: Woo! 20:17.501 --> 20:19.803 [SPEAKER_02]: He said he's representing the whole area. 20:19.963 --> 20:20.804 [SPEAKER_05]: Can't repeat that. 20:21.484 --> 20:26.088 [SPEAKER_04]: Now, and this is, I think, part of the reason that people got spooked, right? 20:27.048 --> 20:28.249 [SPEAKER_04]: People want the clarity act. 20:28.409 --> 20:30.331 [SPEAKER_04]: They thought it was going to happen sooner than it did. 20:30.771 --> 20:32.272 [SPEAKER_04]: And then now they see this. 20:32.332 --> 20:34.814 [SPEAKER_04]: And every time it feels like, hey, we're advancing a little bit. 20:34.834 --> 20:36.035 [SPEAKER_04]: We're getting a little bit closer. 20:36.055 --> 20:37.056 [SPEAKER_04]: We're making some progress. 20:37.076 --> 20:38.197 [SPEAKER_04]: Something like this comes out. 20:38.797 --> 20:46.343 [SPEAKER_04]: And you have seen an increasing amount of frustration towards the banking side and the way that they've been handling this. 20:46.703 --> 20:54.486 [SPEAKER_04]: Because this clip, if it shows us anything, what it basically shows us is it sounds like this is a hill that Jamie Diamond is willing to die on. 20:54.526 --> 21:01.109 [SPEAKER_04]: It sounds like for him these deposits and the yields and stablecoins like he's willing to die on this hill of not wanting it to happen. 21:01.129 --> 21:02.109 [SPEAKER_04]: He said, hey, we'll fight it. 21:02.129 --> 21:04.830 [SPEAKER_04]: We'll fight it if we lose we lose, but we're not accepting this. 21:05.551 --> 21:05.751 [SPEAKER_04]: And... 21:06.391 --> 21:07.372 [SPEAKER_04]: That spooked people. 21:07.412 --> 21:09.713 [SPEAKER_04]: They're like, oh man, he, we thought we were making this progress. 21:10.053 --> 21:11.234 [SPEAKER_04]: He's willing to die on this hill. 21:11.354 --> 21:12.094 [SPEAKER_04]: He doesn't want it. 21:12.455 --> 21:16.457 [SPEAKER_04]: He's not even leaving the negotiating table open. 21:16.857 --> 21:19.619 [SPEAKER_04]: He's saying this is just unacceptable from our end. 21:19.739 --> 21:26.703 [SPEAKER_04]: And if they'll take it to court and run it all the way or whatever, but if they lose their lose, but he's basically saying there's no room for negotiation in this for us. 21:27.003 --> 21:31.266 [SPEAKER_04]: It is a non-negotiable, Brian Armstrong taking obviously the opposite approach of this. 21:32.046 --> 21:33.187 [SPEAKER_04]: And that kind of conflict, 21:35.053 --> 21:44.582 [SPEAKER_04]: I think it's already passed the time that a lot of people expected this to go and there's been more back and forth and more conflict and more disagreement than I think the average person expected. 21:45.103 --> 21:53.091 [SPEAKER_04]: Now the fear is that if this gets pushed out too far, then you run the risk of like is this thing really going to be signed anytime soon. 21:53.491 --> 21:53.711 [SPEAKER_04]: Right? 21:53.731 --> 21:59.874 [SPEAKER_04]: Because the emphasis is, can we get this done before the midterms happen in the fall? 22:00.294 --> 22:05.957 [SPEAKER_04]: And that seems to be the big timeline of, can we get this done before midterms? 22:06.377 --> 22:13.600 [SPEAKER_04]: And if it doesn't, then maybe this really does get pushed out drastically farther than what we're currently expecting. 22:13.680 --> 22:14.881 [SPEAKER_04]: And that freaks people out. 22:15.321 --> 22:17.862 [SPEAKER_04]: So that's really what it goes back to here. 22:18.282 --> 22:21.283 [SPEAKER_04]: Is it goes back to this idea of can we get this done soon? 22:21.703 --> 22:23.204 [SPEAKER_04]: Can we see it actually move forward? 22:23.504 --> 22:30.886 [SPEAKER_04]: Can we decrease the amount of disagreement and conflict that's happening in terms of the dialogue around the clarity act? 22:31.446 --> 22:32.787 [SPEAKER_04]: Can we get this done before midterm? 22:32.887 --> 22:39.129 [SPEAKER_04]: Because if we don't, then the consensus is that, hey, it looks as if it could get pushed out. 22:39.489 --> 22:41.090 [SPEAKER_04]: Now, you see the current administration, 22:42.005 --> 22:44.706 [SPEAKER_04]: In terms of the US government, really pushing the get this done. 22:44.866 --> 22:56.790 [SPEAKER_04]: You've seen frustration on their end where at first, there were a little bit frustrated with Coinbase and crypto projects now it's flipped and you've seen a lot of frustration towards the banking side and saying they're holding this hostage. 22:57.130 --> 23:05.353 [SPEAKER_04]: You've seen like a lot of key of US officials, even the president talk about this and be frustrated and be like they're dragging their feet, they're holding it hostage. 23:06.233 --> 23:34.802 [SPEAKER_04]: It's tough because what we've said before is that the US banks are the people who have been around for the longest and they have drastically more money and influence than the crypto side and so they feel entitled as if they should get it their way because of that now the crypto people here are saying no it's our industry we built it we understand it they're coming on to our turf and trying to dictate what they think is best and so they're saying that doesn't make any sense I would agree with that I think that it it 23:35.722 --> 23:55.148 [SPEAKER_04]: The banks want to have more influence and they actually have here and they're trying to get it done their way or the highway because they're so big because they've been around so long they feel as if they can kind of just bully their way around the governments frustrated by it obviously the crypto side is frustrated by it but the banks aren't willing to budge so that's kind of creates the predicament that we're in right here. 23:56.566 --> 23:59.388 [SPEAKER_05]: It's great breakdown, and then I pull a clip from Senator Loomus. 23:59.428 --> 24:01.109 [SPEAKER_05]: Obviously one of the leads in the Clarity Act. 24:01.789 --> 24:03.530 [SPEAKER_05]: Trying to get this past before she retired. 24:03.590 --> 24:07.753 [SPEAKER_05]: So it means a lot to her and her response to Jamie Dime and then we'll jump to Brian Armstrong. 24:08.293 --> 24:13.517 [SPEAKER_00]: Really, just taste full remarks, especially towards Brian Armstrong of Coinbase. 24:14.477 --> 24:16.319 [SPEAKER_04]: I would say Jenny said he thought it was full of. 24:16.959 --> 24:18.840 [SPEAKER_00]: Yeah, exactly. 24:19.040 --> 24:21.042 [SPEAKER_00]: So here's what? 24:21.062 --> 24:22.542 [SPEAKER_00]: That was a bit. 24:24.888 --> 24:27.029 [SPEAKER_00]: Here's where Jamie Diamond is absolutely wrong. 24:27.469 --> 24:33.690 [SPEAKER_00]: He either hasn't read the bill, or he wants to mislead people. 24:34.210 --> 24:36.331 [SPEAKER_00]: And let's put the best construction on this. 24:36.611 --> 24:38.811 [SPEAKER_00]: He hasn't read the bill. 24:39.231 --> 24:51.374 [SPEAKER_00]: AML anti-money laundering provisions that apply banks and the Bank Secrecy Act provisions that apply to banks also apply into digital assets. 24:55.360 --> 24:58.281 [SPEAKER_00]: 16, 17 references in the bill. 24:58.301 --> 25:02.703 [SPEAKER_05]: Senator Luma saying Jamie Diamond either wants to mislead or hasn't read the bill. 25:03.464 --> 25:06.485 [SPEAKER_05]: I don't know, I'm not probably not that far off. 25:06.525 --> 25:09.946 [SPEAKER_05]: Honestly, Jamie, Jamie just likes his talking points. 25:10.747 --> 25:15.969 [SPEAKER_05]: Again, pro stable coin, pro crypto, anti-bick coin, pro crazy. 25:16.089 --> 25:21.511 [SPEAKER_05]: It's hard to, you know, Jamie's guy talked at both sides of his mouth of the last couple years about the industry. 25:21.571 --> 25:22.972 [SPEAKER_05]: So it's a fair take. 25:23.526 --> 25:46.439 [SPEAKER_05]: I mean, then when it comes to Brian Armstrong, I didn't get any audio from him, but boy, if you understand the reference quite a shot, he made this graphic that says, he did rivalry, Jamie vs. Brian on the ice for hockey, and for those who do follow some current TV shows, he did rivalry is quite the reference. 25:47.980 --> 26:07.101 [SPEAKER_05]: for those who don't know I guess it's just it is what it is he rivalry is a show on HBO about two professional hockey players who end up in a romantic relationship so Brian Armstrong making the poster about them you know I don't know a little 26:07.521 --> 26:20.746 [SPEAKER_05]: Well, uh, what would you call that, uh, play yard, play yard humor, uh, if you will, we won't, we won't dive too deep to it, but just prime time, uh, crypto Twitter, uh, type of graphic type of joke here. 26:21.167 --> 26:31.951 [SPEAKER_05]: Um, I thought it was funny, uh, and obviously Jamie Diamond probably didn't get the reference probably didn't see it, uh, but, uh, pretty funny here, uh, as these guys, you know, just kind of spat 26:34.612 --> 26:43.678 [SPEAKER_05]: But the Clarity Act I pulled up Polymarket as of today was, I had it up earlier, it was 62, 63% it just ticked up to 63. 26:44.278 --> 26:48.481 [SPEAKER_05]: So, you know, again, it kind of just, it does feel like a toss-up. 26:48.942 --> 27:01.690 [SPEAKER_05]: Like there's, there's a, you know, some bipartisan support for sure in the Senate for it, but will it get done when you have, you know, people fighting it like Jamie Diamond and JP Morgan, you know, one of the biggest banks in the world? 27:02.805 --> 27:05.289 [SPEAKER_04]: Yeah, I think it's funny, right? 27:05.510 --> 27:06.832 [SPEAKER_04]: The post itself is funny. 27:07.032 --> 27:10.719 [SPEAKER_04]: It adds a little bit of humor to the situation, but it's a serious one. 27:10.739 --> 27:11.921 [SPEAKER_04]: So we'll continue to track it. 27:12.081 --> 27:12.662 [SPEAKER_04]: We'll follow along. 27:12.682 --> 27:13.443 [SPEAKER_04]: Let's go on here. 27:13.503 --> 27:16.528 [SPEAKER_04]: But I think a lot of people really do care about getting this done. 27:17.095 --> 27:20.959 [SPEAKER_05]: Yeah, and as we transition into the final topic, what is working? 27:20.979 --> 27:27.905 [SPEAKER_05]: We kind of covered at the top of the show, near Hype, Venice, Z-Cash, things that we've talked about in the show that have been working. 27:27.925 --> 27:32.829 [SPEAKER_05]: I saw this tweet from Austin, Austin Barack, a true friend of the show, has been on many times. 27:33.530 --> 27:38.953 [SPEAKER_05]: and actually working with him to get him on with Bryce soon in the next couple weeks. 27:38.973 --> 27:39.874 [SPEAKER_05]: So we'll hear from him. 27:40.334 --> 27:45.697 [SPEAKER_05]: But he kind of posed the question, before we pull up kind of the price action, he asked the right question. 27:45.737 --> 27:51.420 [SPEAKER_05]: It's an interesting time, especially for people who actively manage your portfolio. 27:51.440 --> 27:57.763 [SPEAKER_05]: So for this discussion, keep in mind if you have a long-term holdings that you believe in long-term, this isn't the discussion for you. 27:57.803 --> 28:00.045 [SPEAKER_05]: But when it comes to actively manage portfolios, 28:00.565 --> 28:07.776 [SPEAKER_05]: you know, what's the bull case for Bitcoin right now to outperform quality all such as hype, then as e-cash, etc. 28:08.316 --> 28:13.103 [SPEAKER_05]: And I think he brings up a good point, so it would be awesome to have him on the podcast, make his case. 28:13.164 --> 28:15.046 [SPEAKER_05]: I know him and Bryce love an awesome discussion. 28:15.747 --> 28:30.683 [SPEAKER_05]: And then we'll pull up a coin market cap again if you look at this seven day as we scroll down You'll find the winners here hyper liquid twenty two Z cash ten stellar thirty six interesting one there Let's see anyone else we can find mean core. 28:30.703 --> 28:31.624 [SPEAKER_05]: We've talked about that. 28:31.684 --> 28:33.907 [SPEAKER_05]: That's kind of a no-one Let's see where's Venice 28:35.478 --> 28:39.903 [SPEAKER_04]: This is a little bit smaller in terms of market cap, but it has been ripping. 28:40.183 --> 28:50.575 [SPEAKER_04]: Let me tell you what, I'm hyperliquid hitting a new all-time high yesterday, and then Venice, VVV actually coming in and hitting a new all-time high as of this morning. 28:51.544 --> 28:55.406 [SPEAKER_05]: Yeah, VVV up 100%, 113% in the month. 28:55.526 --> 28:56.426 [SPEAKER_05]: That's fascinating. 28:57.127 --> 28:57.647 [SPEAKER_05]: What a move. 28:58.327 --> 29:02.930 [SPEAKER_05]: And again, I know every, I think most of our communities called that out newsletter. 29:03.190 --> 29:05.151 [SPEAKER_05]: I know Momentum Moneymakers was in on that. 29:05.231 --> 29:09.473 [SPEAKER_05]: So again, if you're, and we've talked about on the pod last couple weeks. 29:09.533 --> 29:14.855 [SPEAKER_05]: So even if you got in over the last, I mean, can't sit, let's go back to this. 29:15.716 --> 29:18.477 [SPEAKER_05]: The one month, you know, you've definitely caught part 29:20.238 --> 29:47.113 [SPEAKER_04]: uh... wild move for Venice it is so there's opportunity out there to you know it's a little bit more of a pickers and choosers market but there are a lot of them out there as well you know near hitting the highest point that it has seen since i think no member of last year as of this morning so big winners all around it's a pickers and choosers market definitely in popcorn season so i think you got to just kind of feed into that mentality while it's going 29:47.721 --> 29:50.422 [SPEAKER_05]: Yeah, definitely as you got to do your research. 29:50.762 --> 29:54.383 [SPEAKER_05]: Yeah, it depends what type of investor or trader you are. 29:54.403 --> 29:56.824 [SPEAKER_05]: Do you do a little bit of both, are you more longer term? 29:57.184 --> 30:02.905 [SPEAKER_05]: If you're longer term, maybe you're doing your research on stuff that's down, you're picking and choosing what you might want to hold for a longer market. 30:02.945 --> 30:15.829 [SPEAKER_05]: If you are a trader and you're somebody that enjoys kind of being more nimble, you know, this type of stuff is exciting because there are winners out there and it's a, you know, neck breaking speed, one, you know, one month, 100% that's pretty 30:16.769 --> 30:38.362 [SPEAKER_05]: I'm going to especially with with hyperlick with two obviously a bigger market cap in the top 10 now, but as we've covered on the show, one month 75, 76% but also with the momentum of those ETFs and you know, track by wanting a piece and it's not even operational in the US yet, so some more momentum possibly to come. 30:38.462 --> 30:39.642 [SPEAKER_05]: Does that reflect in the price? 30:39.683 --> 30:40.203 [SPEAKER_05]: We don't know. 30:41.057 --> 30:42.739 [SPEAKER_05]: Um, but Brendan, we'll wrap it up here. 30:42.759 --> 30:45.803 [SPEAKER_05]: I know you got to get back to the live event out in San Diego. 30:45.843 --> 30:46.964 [SPEAKER_05]: We appreciate you taking time. 30:47.065 --> 30:48.266 [SPEAKER_05]: Any final thoughts? 30:48.566 --> 30:54.714 [SPEAKER_05]: Leave the people with a final thought, a high level overview of, you know, what the markets look like to you. 30:55.555 --> 31:02.301 [SPEAKER_04]: Yeah, I think my final thought here is obviously you are having some serious fear here in the markets pretty gnarly moves down. 31:02.861 --> 31:07.425 [SPEAKER_04]: I would say just buckle up, you know, it's possible that this isn't necessarily over. 31:08.006 --> 31:09.527 [SPEAKER_04]: I'd still leave the idea of 31:12.197 --> 31:16.138 [SPEAKER_04]: You know, the larger cap scenes and we're downside and dragging most of the market with it. 31:16.978 --> 31:19.599 [SPEAKER_04]: I think that these ones that are winning, I want to play into strength here. 31:19.759 --> 31:20.759 [SPEAKER_04]: I want to look at what's winning. 31:21.379 --> 31:33.122 [SPEAKER_04]: And, you know, even if we do see new downside and even if we do see new lows here, new cycle lows for Bitcoin, ETH, salon, a lot of these, I think we get a tremendous amount of buying opportunity that comes out of that. 31:33.642 --> 31:35.883 [SPEAKER_04]: So, I do want to be looking at these and saying, hey, 31:36.323 --> 31:40.245 [SPEAKER_04]: I do think we kind of get in area to really accumulate some long-term value out of these. 31:40.585 --> 31:43.907 [SPEAKER_04]: Even if we do work our way in the new lows, I'd leave that on the table. 31:44.127 --> 31:50.471 [SPEAKER_04]: I think that right now things are sounding a lot worse than they actually are, and that's kind of the way that this typically works. 31:50.511 --> 31:50.691 [SPEAKER_04]: So, 31:51.553 --> 31:53.455 [SPEAKER_04]: That's how I'm positioned. 31:54.135 --> 31:56.818 [SPEAKER_04]: And yeah, really kind of focusing on risk management here. 31:57.238 --> 32:03.064 [SPEAKER_04]: Not wanting to be too hands on, really would rather wait for the bottom to be in as opposed to try to always catch the knife. 32:03.504 --> 32:08.288 [SPEAKER_04]: But I think that there's some plays to be made in the meantime, and that's where I would leave a sat. 32:08.349 --> 32:13.734 [SPEAKER_04]: So, I'll let it get to under your skin, but also don't try to catch the knife here and get yourself in trouble. 32:13.774 --> 32:17.017 [SPEAKER_04]: But I think that there's a lot of opportunity around, 32:18.448 --> 32:19.148 [SPEAKER_04]: That's what we're here for. 32:19.708 --> 32:27.730 [SPEAKER_05]: Yeah, the only thing all that is it's starting to feel like the same side of the boat which we talk about a lot on both sides of positive price action and negative. 32:27.750 --> 32:32.511 [SPEAKER_05]: So starting to feel that way to me as the fear and greed index starts to lean to the left. 32:33.211 --> 32:34.771 [SPEAKER_05]: Everybody else leans to the left, right? 32:35.271 --> 32:37.152 [SPEAKER_05]: So something that we're going to track. 32:37.212 --> 32:38.832 [SPEAKER_05]: We really appreciate everybody tuning in. 32:39.472 --> 32:40.152 [SPEAKER_05]: Yeah, we'll figure out. 32:40.172 --> 32:42.453 [SPEAKER_05]: I'm not sure if we can get people together on Friday. 32:42.473 --> 32:44.753 [SPEAKER_05]: We'll check with came in everybody's schedule, but 32:45.553 --> 32:46.614 [SPEAKER_05]: You know, that's all for today. 32:46.914 --> 32:52.460 [SPEAKER_05]: Any questions, comments, as always, reach out on YouTube or X anywhere. 32:52.960 --> 32:53.901 [SPEAKER_05]: We are open books. 32:53.941 --> 32:55.302 [SPEAKER_05]: We really appreciate everybody tuning in. 32:55.322 --> 32:56.764 [SPEAKER_05]: Give this video a like, subscribe. 32:57.184 --> 32:58.005 [SPEAKER_05]: Tune in for more. 32:58.626 --> 33:01.188 [SPEAKER_05]: We always appreciate everybody listening, but that's all for now. 33:01.328 --> 33:02.349 [SPEAKER_05]: We'll talk to everybody later. 33:02.509 --> 33:02.810 [SPEAKER_05]: Bye-bye.