 Welcome to the last set news. My name is Robin. Today, just like the thumbnail title suggests, we have to take a look at what is going on with the market and how can we avoid a potential bull trap. So let's take a look and just dive right in. The first thing, of course, I don't usually take a look at the prices and what's going on with crypto because it's been very flat for quite some time, but I think today is quite appropriate. So today we're looking at it is January 14th. It's from 1 o'clock PM, Puerto Rico time, and this is the price act with that, which is quite surprising, actually. I think you all know the prices. I don't need to tell you, probably looked at it. I'm going to guess more than once, and we can see that over the last seven days. I mean, in all honesty, we're crushing it. Bitcoin's up 22%, Ethereum 20%, Binance Coin 2014 for XRP. Congratulations. Let's see, 20% for Doge, Polygon 23, Solana, the big winner, pretty much for right now, 65% in a week, 35% in 24 hours. Poked out 30%, and Avalanche also on the heels of its big partnership with Amazon. So we take a look at this, we're like, okay, great, off the moon, here we go. It's going to be fantastic. And it could be, and it could be sustainable, but generally no. So first we have to take a look at what the heck is going on behind the scenes. First things first is, this is from Kiyong Jun, and he is the CEO of CryptoQuant. He says, look, after the past three hours, this was yesterday, someone just bought $4 billion worth of Bitcoin futures in the market orders, and 87 million short positions were liquidated across all exchanges. Now this was yesterday, and we've had a lot of views on this. Everybody's excited because that pushes the price up, right? Shorts get liquidated, and we take a look even further. This is on coinglass.com. We can just see how brutal it was for those shorts getting liquidated. You can just see here, and over, continuing over quite a bit of time, October or December, like in three months, four months or so, three months, you can see that the shorts really didn't get too bothered. Longs were getting crushed. In the 7th of November, when the Bitcoin price, we were looking just before 21,000, it just dropped at the face of the planet. And of course, you had some massive liquidation in the longs of $549 million. Now, inversely, same thing over here, and it's funny because everybody thinks that the price is going to go one way, and it just always seems to happen like that. It goes the opposite way. Is it going to sustain though? That's the big question. We can see here that shorts just got obliterated, $434 million, almost an inversion over here. So, are we undervalued or overvalued at this point as we skyrocket back up? Well, not really. If we take a look at the MVRBZZC score, which is the market value versus the realized value, then the Zscore, which is this red part here, which just shows you, takes out all the noise, we're still undervalued. I mean, after all this little 21, 23% pump, we're still undervalued in the green area. So, I think there's a little bit more to go on this one, but who knows? And the question then is, well, what is happening? Is it just a bunch of accumulation? Well, we take a look at this was used to be called Wallet number three, then it transferred over to another wall, and now I think it's like Wallet number four. But this is a whale that's been accumulating for quite some time over years, and we kind of just followed this person, individual or individuals, to kind of show us what was happening for, I mean, somebody will call it smart money. I don't believe that's true. I think it's just big money. And we're going to see that in December, it was not about a sell-off, almost 3,000 Bitcoin, December 19, 3,000 here, and there really hasn't been much of an accumulation as before when this wallet was accumulating massively. And then as of today, as of just this month, January 11, no action whatsoever. However, there's still accumulation going on the background. This is from a sentiment, and it states here that there are 416 more addresses holding 100 to 1,000 Bitcoin, which is a 3% increase in just the past eight weeks. Again, big money is accumulating Bitcoin. So that's good news, right? That means that we're off of the races and we're going to be fine, fantastic. Hold on, because the reason why big money is big money is because I like to dump on people like you and me. So just remember that, even though they're accumulating the background, it doesn't mean that these guys and gals and groups of people are going to hold on forever. There's a site, it's called Look into Bitcoin, links in the description, always link in the description, but look into Bitcoin. It's a free website you can use, and it's got high quality charts to take a look at. This one's called Whale Shadows, and I want you to remember this every time you think that no one's going to sell and they're going to diamond hands to death. Now, there are people that will do that. I personally will hold a lot of my crypto, but I will sell, and I'll get to that in a second. But we're going to see here, I'm just going to turn on the four to five years for people, individuals of wallets who did nothing but hold for five years, then all of a sudden moved. Now, I'm not saying that they sold, but if I put my Bitcoin into a wallet for five years and then just for funsies, when there was all time highs, then all of a sudden I start to move things around, a little odd, a little peculiar. Usually when I move things, it's I'm moving to exchange so I can cash out. That's just the four to five year mark. Take a look at the five to seven years, well, they wouldn't do that to me, would they? Yeah, they would. They'll dump money too. And same thing over here, but what about the seven to nine year plays? I mean, those are people that would, shoot, here they go again. So yeah, they're going to sell and they're going to accumulate in these downward phases and they're going to sell and dump on you and the other ones. But what about the 10 year plus? Oh, geez, son of a gun, they do the same thing. So look, I understand your enthusiasm. I get it because I have the same thing, but we have to be adults and we have to think to ourselves, okay, what is the bigger play here? And if we're going to get excited over a pump, which this is the pump for Bitcoin, of course, crypto, there's this other one that we just talked about looks pretty good. Let's zoom out just a little bit. What are we excited about? Okay, well, and this was our all time highs 63, excuse me, November 67. We're excited about this. This is what we're excited. Boy, when things are taken away, when they are stained from something, abstained from different items, we start to really just look for anything. And I'm not saying this isn't a great thing. It is welcome by far, but don't get too far ahead of yourself. I don't know if this is going to be sustainable or if this is as they call a bull trap. So for me, what I do, I'm not smart enough to time the markets perfectly. I'm not smart enough to figure it all out exactly. So what I do, I do the same thing. And I get a lot of flak for it, which is one, I dollar cost average, even during these turbulent times as things go down, because you know, people would say, Hey, it's going down to 10 or 12 K and actually believe them. I think Bitcoin is going to go down to 10 or 12 K. I think it's going to go down further than this. So people like Rob, why you dollar cost everything and just wait until it goes down your hypothesis of 12 K. That's just it. I don't know. I've been wrong before news flash, not perfect. So what do I do? I dollar cost average. And then during little times, I sell a little bit to get some dry powder on the sidelines. And the reason why I do this is because when the big bull market hits, and I still think it's going to be 25, doesn't 25, doesn't 26, somewhere around there, when that big top hits, I don't want to be paralyzed by just buying, buying, buying, buying, buying, buying and buying, then buying some more. I want to have that muscle memory, what it feels like to sell. And even though it's not that much, I will still sell, especially when there's profits of 20, 30 and 40% in a 48 hour period, or a seven day period. And that's just how I am now. You're welcome to do whatever you want to do. I'm not your dad. This is not investment advice. So if you want to diamond hands it forever, and then pass on your grandkids, fantastic. If you want to sell everything, fantastic. I'm not here to persuade you of any way shape or form. I'm just trying to give you the options that are out there, and not to get ahead of yourself too much. That's just a big thing. However, to late to end this all off was a little some, some bullish undertones. Maybe there's something to be said for a big bull market coming. So we just saw that the CPI numbers came in last week. Inflation rate, which is what everybody's what are concerned with macro events myself, inflation rate fell again in December at 6.5% according to CPI. That's down from 7.1 in November. And a 9.1% peak in June, I thought it was a little bit higher, but whatever. Take a look at true inflation. Monthly CPI declined 0.1%. And to break it all down for December. Here's this is where everybody gets that that mean for eggs, which is which is the flex now if you can afford eggs. But it says here's some of the core categories plus other items with notable year over year price changes. So yeah, inflation's still there, but it's coming down. And that's as predicted, which is pretty crazy as we've moved forward because let's be honest, the Fed hasn't been the greatest of predicting things. But this is what things are right in line with what they thought would happen. So maybe there's going to be a 25 basis points hike, maybe just a pause. And if there's a pause, you can see that this bull market or these bullish undertones will continue on top of the fact that I've always said there's two things that are going to hinder us. One is the macro events. And the other one is legislation and what they can do as far as regulation. And I think we took a step in the right direction, which is this US House Republicans set up crypto committee to oversee a shaky industry. Now, before you scream at the screen, just remember they're talking about taking a look at the crypto industry and the dirty players and the centralized exchanges, what they're really trying to take a look at also give us clarity for what's a security? What's a commodity? What is a currency? And of course, what is a digital asset? I still think they should have four. If they can just give us some clarity about this is what it is is what it is. No problem. That doesn't affect the code of Bitcoin. That doesn't affect us using that for transaction. That doesn't affect DeFi. That affects nothing except for the larger players who could now get into the industry and go, oh, I'm not going to be pulled forth by the SEC for selling unregistered security now because I know it is a digital asset or a commodity or whatever else. So this is what happened. He was House Republicans plan to set up a committee and move the signals that he wants to make crypto a priority. This is going to be chaired by Representative French Hill, Republican of Arkansas. The vice was the vice chair of the SEC committee will be Representative Warren Davidson, who has also been active on crypto issues. And both of these gentlemen know exactly what crypto is and not just clueless, like most of the different representatives that are in there. The panel will be responsible for providing clear rules for federal regular regulators like Gary Gensler so he can just stop enforcing through regulation. And now he gets clear guidelines about what it is instead of them just going, well, I've interpreted this way. We've got to respond for oversight and policy making on a new asset class that sentence last there on a new asset class. I think tells you everything you know. And that is it. So look, that is it for today. I just want to give you a quick update on what's going on. Like today's video, give it a thumbs up, consider subscribing. We do these things every single day, just spend a little bit of haywire with things that are going on. We'll try to get into more of a concise schedule moving forward. That's it for. So thanks so much. I appreciate you stopping by and I'll see you on the next one.