So, finally, today we are seeing a crypto market rebound we're pulling out of the extreme fear which we've been sitting in within the overall past few weeks within the market and finally, seeing a little bit of a shift in sentiment in this video. We're gon na be going over what you should expect for the month of february whether or not this is a legitimate rebound. If the market is back to going on a rip. If we could see some new all-time highs later this year, or this could also be a complete fake out now, if you guys have been enjoying these updates and some of the consistent uploads that we've been putting out on this channel, if you guys drop a like Down below that helps out a ton and if you guys have not yet subscribe, make sure you guys do that already and with all that being said, let's hop into the computer and see what is going on in the market for today, all right.

So first things. First, the global crypto market is sitting at 1.75 trillion dollars or a 4.41 increase. Over the last day, since we've been recording these updates, we actually saw 10 billion dollars returning back into the market, with a little bit more volume coming in the last 24 hours. With about a 19 increase with all that being said, this is happening because bitcoin has now broken out of the 34 000 range sitting at 38, 000 approaching the first of february, which is amazing news, and with the result of that, we are now seeing all coins Magnifying that type of performance as well as you guys know all coins were going down in price because bitcoin was falling.

This is due to the fact that decoupling still hasn't taken into full effect, meaning anytime. We do see crypto go down in price, especially with bitcoin. Then that is amplified throughout the markets uh, but the opposite of that does happen. If we see bitcoin going up three percent, we can often see other cryptocurrencies other all coins on the market going up two three or even four x now.

This is why, as an investor, if you're trying to make the most amount of gains in this market, even though bitcoin naturally tends to be most people's first choice as an investment, you want to consider other all coins. Although the downside of you losing money and the floors being almost limitless, when bitcoin seems to be in a tumble uh, the upside is very strong with a lot of these all coins so going into the market. Let's just do a quick little brief sweep of what we've seen just happen overall in the last day, ethereum is now up 12. In the last seven days, back at 2600 uh the price target we were looking for for a good entry on ethereum, at least within the jungle within our discord group, was at least near the 2 000 support level.

Now that bitcoin seems to have been stabilizing over the last week, you'll notice, that ethereum is well above that, so if you did enter ethereum near two thousand dollars at any point, you would still be up on your investment now. That being said, i recently made a top crypto picks video make sure you guys watch that at the end of this video, if you guys are trying to get an idea of how i'm making moves in the market for this year, as you guys know, binance and Other crypto exchanges that have their all coins listed on the project like ftt, in addition to that, crypto.com are all different projects that i'm considering diversifying my portfolio even more with for this year. I mentioned the reason for that in that last upload, so make sure you guys watch it as well, but going back into some of the winners for today, you'll notice that tara luna is actually up a significant amount, they're actually up 17.56 today, and although even in The last week they are still down about the same percentage amount. It was because we did experience that bounce in the market and we did get a little bit of that flood clearing up.

So i do want to focus a little bit on luna, because luna was one of those cryptos that had an extremely hard rally before bitcoin uh start to come down at the beginning of the start of this year. So you'll notice that we had the rally going into the end of 2021 with luna hitting that all-time high of 99. On other exchanges, we were seeing luna hitting that price target very clearly and since then, we've been in a downward trend over the last few months. But it looks like this could be the bounce back up, so the reason why tara luna started to dump, especially over the past few weeks, almost entering the 40 support level right around here - was because tara luna went ahead and had a huge controversy.

So this article here explains the situation. The best a d5 protocol has announced it's shutting down after it emerged that a convict was serving as its treasury manager. Wonderland was plunged into chaos after twitter user unmasked, ox sifu, as michael patron. He had previously pleaded guilty to charges of credit card fraud, burglary, grand larceny and computer fraud.

Spending 18 months in u.s federal prison patron was also the co-founder of the doomed crypto exchange. Quadraga cx, which collapsed after it emerged, 190 million dollars in client funds was missing. However, patron was not accused of wrongdoing in this case because he had stepped down from the company a couple of years earlier. So what ended up happening was there was a result of a vote happening monday morning with users who had wonder land.

So this is the way crypto works instead, relying on any type of one central entity to determine whether or not decisions are made people are kicked out or what you should do, the entire community votes. This vote was rather close. It stated 55 of participants said that wonderland should not be wound down, and the remaining 45 percent of the project should be discontinued with treasury funds returned to their owners. Even before voting closed on sunday sestagali had tweeted, wonderland experiment is coming to an end.

It is clear from the vote that the community is divided, the core and heart of wonderland is still the community. If we cannot find agreement on whether to continue or not, it means that we failed going into the charts of wonderland, also known as time had a pretty strong rally going into the fourth quarter of 2021, where it even went up as high as 9 615. What's interesting about this is, if you go into their website, it's going to show that you can yield a current apy of 82 270 percent and that they have a treasury bounce of over 717 million dollars. Now i'll tell you this over the last three months.

They have not been doing well coming down from that all-time high of 9, 100 and tumbling down even more to a current price of 387 in the market. It's important to note whenever you're dealing with different projects in the crypto industry and they're not listed to be reputable or they don't have a strong presence behind their team and they keep things anonymous. You have to make sure that you're protecting yourself by doing your due diligence and knowing the team and making sure that situations like this don't happen in the future. It's really unfortunate that a project and community like this ended up getting divided overall.

I think this could have been way worse and for the current situation that had happened with this, for people to not have lost their entire life savings and for us to continue moving on throughout this year, i think, is a pretty good win-win situation. Now, with all that being said, all around the board, all these all coins seem to be up. Solana is doing extremely well today, breaking out of that 90 dollar price zone, we're in and sitting at 101 at the time filming this video, in addition to that, avax is back up to 69 today and we're also seeing a few metaverse tokens doing pretty decent as Well, scrolling down you'll notice, decentraland also known as mana up about 40 in the last seven days, and if you guys recall my last video upload, this is exactly the play that i was hoping to make metaverse tokens, including decentraland and sandbox, which i consider to be Two of the safest bets within the crypto markets, currently they're still averaging about a 37 return, just in the last week now, what's more impressive than that seems to be ftt, which is up about 23 sitting at 43 at the time of filming this video, a lot Of this bump came in earlier today, where, even at the beginning of the day, we're singing at forty dollars up about nine percent just today, and this is also coming from additional news that we got as well. So ftx went ahead and reported to hit a 32 billion valuation.

Despite the bear market fears in a new round of funding, they went ahead and raised another 400 million dollars now, according to the cnbc, article, ftx has now reportedly raised a combination of two billion dollars in venture funding to date, scrolling down the state, a large focus For ftx bankman freed said is acquiring licenses in several countries. Its u.s arm is now authorized to sell derivative products such as futures and options which allow investors to speculate on movements in the price of an asset. The company plans to use the fresh funds to continue developing new products ftx last year launched a marketplace for trading nft tokens. The crypto worlds answered the collectible items and is now starting to license its software to other businesses in the realms of fintech and gaming.

Now, obviously, ftx has been doing an amazing job, raising some money and we've been seeing a reflection of that going into the token price as well. Uh ftx also has been a good sponsor since the start of this year for this channel. If you guys want to check them out, don't forget to check out the link down below, in the description, very easy to use app very low fees and consistently they've been adding and investing more and more money to make sure that the user interface for you guys Is good security is good and you guys are consistently trading with low fees now, although things seem to be looking a lot better for today in the crypto markets, you have to realize that the moving averages are still well underneath, where we want to be so moving Averages are important because it helps clarify whether or not we are in an upward or downward trend if bitcoin is able to break that 20-day moving average and we're able to hold that it's gon na be very bullish for the crypto market. At the moment we do have a little bit more works to do, but if we are able to hold this type of pressure and the bulls are able to take control back, i do think february can be a pretty interesting month over here on twitter.

We got some pretty good on-chain analysis showing that we are getting a continuous week of both the whales and the small fish accumulating coins. Together, the red dots are to be the whales in small fish uh near that 30. A thousand dollar level right in between a 50 000 as well, buying up the dip and if we're able to get the big whales in on the action again, usually that's when we see a reversal back to the upside. In addition to that, we have another tweet here, referring to the weekly macd, fully reset just like last year at 30k, which resulted in a massive multi-month upswing, which could happen now going into the one-year charts of bitcoin.

It looks like we're, starting at a similar spot of where we were just one year ago today, which was at 35 000, but remember what happened after that. We had another bull run with bitcoin running up to 63 000, and not only that we had a second bowl run last year where bitcoin broke another new all-time high approaching 70 thousand dollars as well with all this money getting pent up over the last few weeks. With price considerations coming from central bank policy and what jerome powell plans to do with talks about regulating the federal interest rates and seeing some of the hikes that we got this year, we did get some additional reports from some of the more major banks talking about Their predictions for this year, we got jp morgan this year talking about having a potential five hike this year in march and may and three next year. We also have bank of america talking about seven this year or every meeting we have and then four next year as well, based on a quarter percentage points and then dutch bank five this year with morgan stanley stating we may have four this year, all of them Starting in march, in this article here too, they state cme's, fedwatch tool.

The market is now pricing. In a 100 probability, that rates will rise in march. The only outstanding question is by how much the market is expecting a 93 probability of a boost of 25 basis points with the remainder projecting a larger 50-point hike so pay attention here, because this quote is pretty important while we're on the cusp of the fed, beginning To raise interest rates, the more significant step of starting to run off the balance sheet is still to come, and the fed provided no additional details in their post-meeting statement. The combination of rate hikes and eventually shrinking their asset portfolio will complete the transition from going full throttle to putting brakes on the economy with inflation rising last year.

At the high space in 40 years, the fed is looking to dampen price increases, but not hit the brakes too hard. The resulting decline in stimulus has rolled a financial market in 2022. all right, so the major key points to take away from this video is that now that we're getting some all coin movement back into the market and a lot of people are wondering whether or not This is legit whether or not this could be a fake out, and could we get another buying opportunity uh to see another market pull back? I do really think a lot of this growth right now is pretty healthy. Just because a lot of the drama that we experienced last week took into effect of what we're seeing resulting in now, there wasn't any major news that is pushing up the price of crypto, but our theory here is that prices of crypto can be suppressed only for So long before things begin to break out, this goes back into the principle that, if anything stays oversold for an extended period of time.

Eventually, someone is going to buy up that dip, and that is where we create that new momentum to the upside. Now, only time will tell if this was actually a fake out. My weaness here is indicating and pulsing at a legitimate rise up in price, but anytime we do get strong movements in the crypto market. It is just natural for things in the market to pull back down too so now that we have that 100 probability of the federal government raising interest rates at the end of march.

My prediction, early on is that we could see market volatility. There could be a possibility of a recession and i hope that it doesn't happen, but this is going to be the time where you can position and have different hedges in the market, so you can prepare for any of that volatility. That could happen next so guys with the market bounce happening currently at this time. Let me know how you guys are feeling down below and let me know if you guys were buying up the dip over the past few weeks, if you guys do enjoy those green days.

Just like we do here. Let me know down below in the comments, and the secret word for today is going to be switzerland comment down below switzerland, if you guys made it all the way to the end of this video, don't forget to check out the links down below in the description And for the patreon, i've been getting a lot of messages. Brian, when are you opening up spots? When is it not gon na be sold out anymore, stay tuned for the first week of february, where we will be opening up some more additional spots for you guys to join us there as well? If you guys have not done so already, don't forget to follow me over on instagram and twitter link down below in the description as well have an amazing day and i'll talk to y'all soon, peace.