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Crypto - WTF Do We Even Do Now?

Lark Davis · · 52:09 · Watch on YouTube

As of . Updated hourly as new videos are read.

BTC near publication: $87,8574-hour candle close · 23 Dec 2025, 12:00 UTC · BTC/USDT

ETH near publication: $2,9744-hour candle close · 23 Dec 2025, 12:00 UTC · ETH/USDT

On Bitcoin

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

Views

  • Next months (next 2–6 months): Leans up: at the very least Q1 giving us a relief rally up to 100K for BTC and a lot of altcoins will go up like 100% or ▶ 49:54 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): Leans down: And we don't see a bottom for Bitcoin until like October or November of 2026. ▶ 34:05 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 Bitcoin loses the bear flag support / breaks down out of the tight range, then 75k (next weeks): But probably if we lose this, market will start positioning short down to the 75K level. ▶ 10:14
  • If Bitcoin breaks out of the tight triangle range, then 100k (next weeks): Uh if we break out here, market starts positioning for the 100K retest. ▶ 10:21

Levels named

  • 100k: Target (global liquidity, end of year selling and options expiry clearing point to a Q1 relief rally): at the very least Q1 giving us a relief rally up to 100K for BTC ▶ 49:54
  • 75k: Target (lower range of the April price action, lines up with 2024 resistance): But probably if we lose this, market will start positioning short down to the 75K level. ▶ 10:14
  • 68k: Support (200 week EMA; wouldn't want to see price lower than that): Maybe get back down to the 200E EMA, which is around $68,000 right now. ▶ 11:00

Their own position: Bought. still buying a little bit of Salana every week, a little bit of Bitcoin, you know, just small purchases.

On Ethereum

No change since their last video.

Views

  • Next months (next 2–6 months): Leans up: Perhaps we are finding a bottoming moment here for these coins in the short term with a potential rally into Q1 at least ▶ 15:59 Said again while their call of 6 Oct 2025 was open, so it counts once; that call was wrong: 4.53k when said, 2.32k on 3 Feb 2026 (−48.8%).

Their own position: Holding. I've basically reduced all exposure to layer 1 trade except for Ethereum and Salana.

Dates named

  • Large crypto options expiry at end of week on 26 Dec 2025: we have a huge amount of options expiring at the end of the week for crypto.