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Everyone’s Panicking — That’s the Opportunity

Lark Davis · · 19:01 · Watch on YouTube

As of . Updated hourly as new videos are read.

BTC near publication: $76,6614-hour candle close · 2 Feb 2026, 08:00 UTC · BTC/USDT

ETH near publication: $2,2294-hour candle close · 2 Feb 2026, 08:00 UTC · ETH/USDT

On Bitcoin

Changed since their last video: days moved waiting to down; weeks flipped down to up; months moved waiting to up; cycle flipped up to down.

Views

  • Next days (next 1–7 days): Leans down (timeframe is our reading): So, I could definitely see some volatility on US market open uh to the downside here for some of these assets. ▶ 08:42 The call was right: 76.7k when said, 70.4k on 9 Feb 2026 (−8.1%).
  • Next weeks (next 2–6 weeks): Leans up (timeframe is our reading): So a similar rally from 74 might take us up to like the 90K zone which is around the uh 50day EMA currently. ▶ 12:59 Said again while their call of 8 Jan 2026 was open, so it counts once; that call was wrong: 90.5k when said, 68.1k on 7 Feb 2026 (−24.8%).
  • Next months (next 2–6 months): Leans up: Perhaps that WOFF pattern plays out and we really get a reversal coming over the next couple months that could prove all the bears wrong. ▶ 12:09 Said again while their call of 6 Oct 2025 was open, so it counts once; that call was wrong: 123.4k when said, 78.8k on 3 Feb 2026 (−36.1%).
  • This cycle (next 6–18 months): Expects down (timeframe is our reading): So obviously we're in a downtrend. We are in a bare market and rallies are relief rallies until otherwise proven. ▶ 12:03 Said again while their call of 16 Dec 2025 was open, so it counts once; that call was open until 16 Dec 2026, against 87.3k when said.

If this, then that

  • If Price loses the 200 week EMA line, then 55k (next weeks): losing that line becomes of course a very problematic situation because the next big line people be watch out for is the 200 week simple moving average around $55,000 currently ▶ 14:25
  • If US ETF holders don't dump their bags, or they step in and buy, then no target given (next days): In that case, of course, we can see these assets move up a bit higher. ▶ 09:12

Levels named

  • 90k: Target (relief bounce from oversold RSI up to the 50 day EMA): So a similar rally from 74 might take us up to like the 90K zone which is around the uh 50day EMA currently. ▶ 12:59
  • 74k: Support (April tariff low and prior resistance from March and June 2024, being retested): Now the April terror flows were at 74,000 and some change. ▶ 13:17
  • 68k: Support (200 week EMA, possible bounce with an oversold weekly RSI): the 200W week moving average, 200E EMA, purple line on the chart here. It's a $68,000 right now. ▶ 13:59
  • 55k: Support (200 week simple moving average, next big line if the EMA is lost): losing that line becomes of course a very problematic situation because the next big line people be watch out for is the 200 week simple moving average around $55,000 currently ▶ 14:25

Their own position: Holding. Currently, I am long on Bitcoin and on Salana. Running relatively tight stops here

On Ethereum

Changed since their last video: days flipped up to down.

Views

  • Next days (next 1–7 days): Leans down (timeframe is our reading): So, I could definitely see some volatility on US market open uh to the downside here for some of these assets. ▶ 08:42 The call was right: 2.23k when said, 2.07k on 9 Feb 2026 (−7.3%).

If this, then that

  • If US ETF holders don't dump their bags, or they step in and buy, then no target given (next days): In that case, of course, we can see these assets move up a bit higher. ▶ 09:12

Their own position: Not said.

Dates named

  • ISM manufacturing PMI release on 2 Feb 2026: manufacturing finally breaking out above 50. Fingers crossed. Anyway, let's see. That'd be a really good indicator, I think, for markets moving forward.