So over this past weekend, the crypto markets faced a series of liquidations that result in over 200 million dollars getting wiped out once bitcoin dropped down below the 39 000 support level. Once again, with another breach of support. Some investors are now questioning whether we're in a bull market or bear market once again, and now that we're also seeing some top all coins going in free fall, it's left a lot of people wondering what may happen next. Let's talk about why bitcoin's been dropping? Why we had a little bit of recovery in the market? What's gon na happen next and whether or not krypto is actually finished afterwards.

We'll also cover some major headlines on important news that you need to know about right now. Now before we get started, don't forget to drop a like down below happy easter and also just a friendly reminder. The tax deadline is due today, so make sure you guys file your taxes or at least file that extension as well with all that being said, let's hop into the computer and see what is happening in the market for today. So, at the time of filming this video, the global crypto market cap is sitting at 1.88 trillion dollars with bitcoin currently sitting at forty thousand seven hundred fifteen dollars.

Now the crypto markets sure are fascinating in the one day, charts you'll notice that bitcoin is sitting at forty thousand dollars this morning, sliding under thirty nine thousand dollars and then all of a sudden, we had this six percent move to the upside, with bitcoin, going up Towards forty thousand eight hundred thirty nine dollars seeing this type of volatility in the market, where we were experiencing a lot of sideways action towards the end of last week and then finally getting the sell-off today, a lot of investors, myself included, is wondering what the heck Is going on, let me tell you: this is completely normal within the crypto markets and it's definitely to be expected with now bitcoin having a slight rise in the market. What we're gon na notice is other all coins coming up as well all across the board, especially with our top 20 all coins listed on the market. Aside from those stable coins, we had a lot of those all coins going down in price and going for a free fall. Now, with all that being said, i do need to make the reiteration of the correlation that we're seeing with bitcoin the nasdaq or even the s - p 500..

Based on this graph that you see on your screen, you can also get an indicator that right now, the correlation between the bitcoin price movement and nasdaq has also increased. I believe we're still at a point in history where the crypto markets aren't developed enough, where we see that decoupling, where crypto is moving entirely independent, regardless of other equities, to break that down into just really easy terms. Stocks go down, cryptos go down. Stock goes up, crypto goes up in order to gauge what the stock market then is going to do.

Next, we look at those macro economic factors and influencing decisions that we really covered last week, but we'll also talk about a bit more in today's video as well before we do that. Let's talk about the crypto fear and greed index, which is currently sitting at the extremely fearful area at a 24 on the scale compared to the last week, and even yesterday, and the last month we're seeing all around extreme fear in the market. I'm definitely seeing this within the current sentiment from our viewers and other crypto youtubers, and influencers where, when bitcoin starts, make a small movement, everyone goes bullish. Everyone wants to then put money into the market, but then, as soon as things turn red, this is where everyone starts panicking and saying we're in a bear market.

We're not gon na get any all-time high. Suns at all. I do wan na say this. If anyone's trying to make a prediction at this point in the market right now, i don't know if that's the smartest thing to do, crypto is so volatile.

No one knows what's gon na happen, and i don't even think people in the short term volatility of today would have expected for bitcoin to have its jump, that it did. Bitcoin can move up or down it doesn't matter what you're doing as long as you stay. True to the fundamentals as an investor - and these are some of the things that we preach on this channel, which include dollar cost averaging buying when the markets are fearful and not fo, mowing up those dips, most importantly, always make sure you're taking profits, no matter how Well, the markets are doing. It is always okay to take those profits, and i do know how bad fomo stings.

I know a lot of investors are feeling it right now, especially with the recent craze of something called moon birds that we're also going to cover later. This week on, why it's blowing up and how i was able to almost 2-3 x my money overnight, but make sure you guys subscribe because it's gon na be too much in this video we're gon na cover it later this week. Okay, aside from that bitcoin finally, today went ahead and breached the five day moving average pulling it in it's green with its current price point of 40 665. If we take a look at the 20 day, the 50 day, the 100 day or the 200 day or even the year to date, moving average, though you'll notice, that bitcoin is still alongside the red moving average indicators are so important for us to get a gauge On the overall sentiment and where we might be headed next with the momentum behind this asset, when we see crypto below its 20-day or 50-day moving average, it is not a good site to see, but this never necessarily means we're locked in for a entirely red period Of time whenever we see moving averages going down the red, it's just giving us an indicator on what is happening within the market now using past data.

Obviously, you can use that to better gauge or predict future data, but at the same time, when we're able to get influencers celebrities even think about elon musk and his play into the markets, things can change very quick. It could often take just one individual, whether it's the president of the united states, talking about regulation or jerome powell, announcing how much more money he wants to pump back into the economy or even just you know, like a billionaire talking about how he wants to buy Up a certain project or an asset or how bullish you may feel those things all spike, green candles, green candles start. The momentum and the momentum carry us towards a higher market where we were able to even see bitcoin break its previous all-time high before over. On the market, we're gon na get what i call the christmas effect we're getting red green red green, and that is because of bitcoin's recent move to the upside like we just mentioned, but i do also want to make note of one cryptocurrency that has been doing Fairly well today and that's going to be tara luna.

So in the last one day you can see tara luna was at its bottom near 76, or even 75.99, showing on coin market cap. But since this morning we had an upside rip going past six to ten percent gains, even just today, right now, they're sitting at an eight percent increase since the 80 mark - and we pulled this back to the last seven days - you'll notice that tara luna was descending Back in price oftentimes correlated to a market correction for this asset before having the recovery that we're seeing here, pulling it to the one month. Clearly, you can see anyone who's able to time. The bottom here you'd be enjoying some of those gains and having a solid entry.

Even if bitcoin continues to go sideways, there is so much opportunity right now where you can make money. This could happen from investing into the top 10 all coins. As an example, tara luna, you would have made 10 back on your investment today or even taking a look into the nft market, where overnight, individuals are finding themselves off a whim, raffle mint, making hundreds of thousands of dollars. This is life-changing money here.

This is crypto, and this is not too late for anyone to get started today. I also do need to mention you: don't need hundreds of thousands of dollars to make these crazy gains. You don't need millions of dollars invested as well. You can start out with zero dollars.

That's the beauty of the times. We live in right now start with zero dollars, and there are so many strategies where you can enter white lists. You can get into community positions where you get awarded different mint opportunities and if you are bullish on that project and it does take off you'll, be making free money just for your efforts right there. I know we're also in a time where many people are not enjoying their nine to five job.

Whatever it may be, you may be working as a cook, a chef you may be in a completely different department, with the opportunities at hand. Right now, you could essentially go full time with crypto yeah. You might grow about 10 different pieces of white hair and you're going to age a little bit faster than your peers. But yes, if you are trying to work for yourself, the market advantages for you to do this currently still exists.

All it takes is for you to do a little bit of the work. Do that research and be consistent in it, and i know a lot of you guys - can make life-changing money as well now going into our top all coin winners. You'll notice that even right here we have step in or gmt we're gon na make a full video on this, so make sure you guys subscribe to this channel as well. This is a cryptocurrency app very similar to a project called sweatcoin.

If you guys ever remember that, where you literally download an app and you'll get paid to walk, just imagine that on steroids. Imagine that on the web 3 version so lucky enough, i was able to get full access to step in on my phone over this past weekend and i'll show you guys exactly how i was able to use this app to make money right now in order to Sign up, you need a private invite access code, i'm going to be giving those away. If i do get additional amounts to our discord. Members first 7 is pretty crazy.

Um we're seeing this all over crypto twitter right now. People are able to take 10 20 minute walks and make 50 a day just by walking uh. There are some individuals who have made up to 500 dollars per day by walking running skipping, just being able to use this app and move anytime. I hear about projects like this.

I immediately think ponzi scheme pyramid scheme and a scam. That's why i'm gon na download it i'm putting ten thousand dollars worth of solana of my own money into this app. I'm gon na buy some of these sneakers. I'm gon na walk around i'm gon na film the whole process.

I think it's gon na be a very interesting video, so if you guys are ready to see something like that or if you guys would like to see that, let me know by dropping a like down below on this video and just comment down below yeah brian. I want to see you step a little i do want to mention. Obviously the hype is here uh. Currently today it's up 12 in the last one year.

The price of this was sitting at 15 cents. It started blowing up me even nearing almost three dollars today. So anyone who even invested into the token rather than using their app they would be up significant amount on their investment. Now, although we are still seeing some green winners in the market pulling it to the red, there are still some losers.

The ftx token is down about seven percent. Helium is down, six percent, kusama is down six percent. This is good, though i do want to say whenever we see a mix of red and green. What does that mean? There is opportunity for the arbitrage there's an opportunity for you to buy a certain asset, sell one, that's up high and still make even more money on your investment.

I know it's really times like this, where bitcoin's not doing much. People get bored of the market, but i haven't had this much fun in a while i'm having almost even more fun now than when the market was going entirely. Bold and everyone was making money. If you're able to do just a little bit of research.

If you're able to tune into these updates and get a little bit of that alpha every single day, you have the best chance possible of doing better, making more money than someone who has no idea what's going on in the market, and they don't stay informed. On current circumstances, now going into some of the major headlines for today, metamask went ahead and issued a warning that a new apple, icloud, phishing scam, was existing, so crypto scams happen. Quite often, we mention it time and time again on our channel just because the same scammers tend to impersonate me all across different social media platforms and even the comment section of these videos. The scams can range anywhere from someone falling for an impersonation or even people.

Thinking they're able to get access to an early mint or them thinking that their apple icloud service uh was reset, and then this holding your metamask account as its backup getting access, then by the hackers and then liquidated into another account. So if i go into twitter right here, i can show you exactly an example of another popular scam just to give you guys all a psa, because on this brian jung channel, we try to give you the best. We can i'll go into. My notifications on my twitter and you'll notice right away.

There's a verified moon birds account right here, which tagged hundreds of accounts. This scam seems to be happening a lot. If you guys have twitter, please be careful about this uh going down. There's other ones where i'm getting tagged.

Another moon birds account another one right here. These are actually all scams, um and i know a lot of people fall for and that's why i want to really talk about it. If i click on this individual's account, she'll pin a tweet right here. Very sorry, my account got hacked by clown.

Please ignore the bull. Now i will say this morning. I was very busy playing basketball and making myself some breakfast. So i was not available to hack her account, but going through these twitter notifications.

What you'll notice here is that these are all fake accounts, this right here. If i click on this and then i connect my wallet, it will drain my wallet. So what a lot of these scammers are doing is they're going ahead and hacking verified accounts. This is one called marty gut blog marty, guptill marty guptill, they just pretty much rebranded the photo, the banner icon and then said moon birds and, with the blue check, mark everyone's going to assume it's legit and then, when it has 400 000 followers.

People are gon na think it's really legit. This is all fake. These are all fake, uh accounts that are just tagging other people and then, when you click on it, you get drained with metamask. Here it's very similar they're going after your nft or any crypto.

That is on your metamask, which is your hot wallet listed. Metamask came out this tweet just yesterday, saying if you have enabled icloud backup for app data. This will include your password encrypted metamask vault. If your password isn't strong enough and someone fishes your icloud credentials, this can mean stolen funds.

You can disable icloud backups from metamask, specifically by turning off the toggle here settings profile, icloud manage storage, backups, and then you can also avoid icloud surprising you with unrequested backups. In the future, by turning off and disabling it within the settings of your phone, now you might be wondering brian. This can't really be happening. Are people really falling for it? The answer is yes: we have one individual with a mutant ape yacht club profile picture, stating hey y'all.

Let's just see how this amazing community can be. My entire wallet was just stolen. He lost three mutant. Eight yacht clubs um right now, they're about 28 eth at floor, so this individual lost a 243 000 in his mutant apes and he lost some additional nfts as well.

It's terribly terribly upsetting for me to even hear that individuals are getting scammed uh by this, but as viewers of this channel, please make sure that you take those precautions. Do not have your most expensive nfts just listed on your metamask, where you don't have it backed up? What i like to use is this thing right here: it's called a ledger with the ledger. This is a cold storage wallet where, in order for someone to transfer your assets out, they would need to physically push the buttons and sign for it. You can sign on it when you do press these two buttons and it's connected to your computer, and this prevents a lot of the hacks that are going on right now.

If you don't have a cold storage wallet, yet please make sure you do. I have a link for them down below in the description as well with ledger. I've used ledger for the entirety of my crypto uh investment career and i've loved it. I've had no issues with it.

It's software is great, and this one even has bluetooth and an app, so i could just connect it on my phone now. Aside from that, we also did get another hack within the market, and this is from the d5 stablecoin platform called beanstalk and they suffered a 80 million dollar hack. Now, if i actually go on another article, it's going to state an even larger amount, they're going to see it 182 million dollars here. So it looks like the range is varying just a bit, so the flashlight attack that we're hearing about here has become the second nine figure d5 exploit in a month.

The other hacking incident that we had most recently was regarding axi infinity and the ronin bridge. Now because the stablecoin went ahead and got hacked, they also collapsed in price, so normally they should be staying at a one dollar peg. It went down about 86 according to coin gekko. Now, what's fascinating about all of this is that the person who went ahead and made the hack happen donated a lot of the funds actually 250 000 worth of it to the ukraine crypto donation.

Now i am not in favor for any type of ethical, criminal or a hacker or a scammer who you know already went ahead and stole this type of money. But it is really interesting to hear that they went ahead and actually donated it to a cause that i'm in support of too, which is the current ukraine issue that we're seeing right now with the invasion of russia. Let me know how you guys feel about this. Now, anyways to wrap this video up, you guys did enjoy this, don't forget to check out the links down below in the description you can sign up for ftx, where you can trade at crypto with up to 85 lower fees than their top competitors.

There's also no fixed minimum fees, no ach transaction fees and you can set up reoccurring, buys directly within the app. If you guys go ahead and use code, jung link down below in the description, you can find yourself earning a free 100 with them. Now ftx went ahead and approved this specific offer for about three different youtubers and we're lucky enough to be one of them. On top of that, if you do trade any crypto on their platform for any trade that is worth over ten dollars, you can also find yourself earning some free additional crypto as well.

Now, last but not least, don't forget to check out the links down below in the description where you can also find my twitter and my instagram and if you do follow me, watch out for those same impersonators and scammers that i mentioned earlier in this video. On top of that, by joining my discord, you can also get access to my entire crypto portfolio, and you also get access to our technical analysts that provide you additional swing, trade inspiration. So you know what move to make next, if you guys want to have access to an amazing community that i built out check out the patreon link down below, for that as well. Don't forget to make sure that you have the best security for yourself and that is going to be using a vpn.

Then, if you don't know what they are just think about like a condom for the internet, that's the analogy that i saw on reddit and i think it explains it pretty well. Surf shark gave me an 83 off in three months, free link in the description down below. Like always, we usually do a secret code. Word comment down below undertaker.

If you guys are watching this all the way till the end. Thank you all so much again for watching today's video have an amazing day and i'll talk to y'all soon, peace.