They’re Done Pretending (crypto holders it’s happening)
Lark Davis · · Watch on YouTube
As of . Updated hourly as new videos are read.
BTC near publication: $65,5554-hour candle close · 23 Jul 2026, 12:00 UTC · BTC/USDT
ETH near publication: $1,9264-hour candle close · 23 Jul 2026, 12:00 UTC · ETH/USDT
On Bitcoin
No change since their last video.
No view on any horizon.
Levels named
- 73k: Resistance (200 day moving average overhead, still some work to do):
200 day up here at 73. We got some work to do still, but small uptrend currently in play.
▶ 05:20 - 68.5k: Resistance (200 week moving average is the level to beat; bears stay in control until price gets over it):
200 week sits above us here at $68,500. It's still the level to beat until we get over that.
▶ 05:00 - 64.5k: Support (losing the 20-day also loses the localized uptrend):
As long as we maintain about the 20-day around 64,500, probably overall pretty good because you lose the 20-day and you also lose this localized uptrend
▶ 05:26
Their own position: Sold. Currently not long or short on BTC. Closed by Bitcoin, long out at 65K with some happy profits.
On Ethereum
Changed since their last video: weeks went from expecting up to leaning up.
Views
- Next weeks (next 2–6 weeks): Leans up (timeframe is our reading):
But the double bottom pattern still remains valid, although it's kind of slowly grinding versus exponentially moving higher.
▶ 11:07 Said again while their call of 3 Jul 2026 was open, so it counts once; that call was right: 1.74k when said, 1.85k on 2 Aug 2026 (+6.3%).
Levels named
- 2.18k: Resistance (200 day EMA and upper band):
hitting the 200 day EMA. Maybe that's going to be around 2180 or something like that.
▶ 11:23 - 2.1k: Target (technical breakout target of the double bottom pattern; take-profit order):
ideally like to see a little more excitement coming to the asset here, pushing up to $2,100 to hit my take-profit order.
▶ 10:59 - 1.85k: Support (a pullback would hit the 20 and 50-day EMAs, seen as normal):
If you pull back here to about 1850, that would hit the 20 and 50-day EMAs.
▶ 10:48 - 1.8k: Their view is wrong past this (going back to 1,800 weakens the double bottom breakout thesis):
if we go back down to 1,800, it really weakens the case for this being a double bottom breakout
▶ 06:20
Their own position: Holding. ETH trade still in some nice unrealized profits here. I've moved my stop loss up to entry on this one.
Dates named
- Clarity Act, undated:
But we also have the Clarity Act. And the Clarity Act and coins pumping more broadly is a very interesting time because if you're counting on 2022 to replay