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Sell In May and Go Away

Lark Davis · · 23:25 · Watch on YouTube

As of . Updated hourly as new videos are read.

BTC near publication: $79,6824-hour candle close · 8 May 2026, 08:00 UTC · BTC/USDT

ETH near publication: $2,2814-hour candle close · 8 May 2026, 08:00 UTC · ETH/USDT

On Bitcoin

Changed since their last video: weeks moved waiting to sideways.

Views

  • Next weeks (next 2–6 weeks): Sideways: Certainly, I can see consolidation coming in for the rest of May, especially with how hard everything's been running. ▶ 01:57 The call was wrong: 79.7k when said, 62.4k on 7 Jun 2026 (−21.7%).

Levels named

  • 89k: Target (target of the speaker's open long trade): Bitcoin same story still gunning for 89K on BTC here. ▶ 08:19
  • 83k: Resistance (200-day EMA sits just above price; a weekly close above would be a good sign): It'd be really nice to get a weekly close up above about $83,000. ▶ 02:38

Their own position: Holding. Solana long up unrealized profits still gunning for higher prices. Bitcoin same story still gunning for 89K on BTC here.

On Ethereum

No change since their last video.

No view on any horizon.

If this, then that

  • If ETH breaks out above the 2,400 resistance area, then no target given (next weeks): around 2,400 bucks has been absolutely brutal for ETH. It's been really struggling to go over that. When it does break out over that at some point in the future, it's probably going to rally pretty far pretty hard ▶ 22:44

Levels named

  • 2.4k: Resistance (area ETH has repeatedly struggled to get over): This area of resistance around 2,400 bucks has been absolutely brutal for ETH. ▶ 22:41

Their own position: Holding. I am long on ETH based on one simple premise.