About this episode
Michael Nadeau called the top before the 10/10 crash. In this episode, he sits down with Ryan to explain why. They break down the onchain data that flipped him risk off, Bitcoin’s decisive break below the 50-week moving average, and why global liquidity and rate cuts may not rescue this cycle. Michael shares the price zones where Bitcoin becomes compelling again, how long-term holder behavior maps to past tops, and the framework he’s using to build a high conviction watch list for the next bull.Michael Nadeau https://x.com/JustDeauIt------?REYA | ETHEREUM FOR TRADERShttps://bankless.cc/reya ?? THE DEFI REPORT | SIGN-UP & SUBSCRIBE (CODE: TDRPRO30)https://thedefireport.io/sign-uphttps://buy.stripe.com/dRm3cv84e6FYfFzbVgebu01------BANKLESS SPONSOR TOOLS:?COINBASE | ETH & BTC BACKED LOANShttps://bankless.cc/coinbase-borrow?FRAXNET | MINT, REDEEM, EARN https://bankless.cc/fraxnet?UNISWAP | SWAP ON UNICHAINhttps://bankless.cc/unichain?MANTLE | MODULAR L2 NETWORKhttps://bankless.cc/Mantle?EIGHT SLEEP | IMPROVE YOUR SLEEPhttps://bankless.cc/eight-sleep------TIMESTAMPS & RESOURCES0:00 Intro0:48 Market Downturn Analysis5:22 Risk-Off Position Insights8:25 Market Structure Breakdown9:49 October Call Reflection11:27 November Confirmation13:48 Market Psychology Overview24:43 Cycling Through Market Phases28:55 Wealth Destruction Zone34:11 Markets KPIs38:47 Long-Term Holder Dynamics44:02 Cycle End Analysis49:07 Global Liquidity Conditions52:15 Trading Strategies Discussion56:13 Price Points & Metrics1:04:47 Watch List Strategy1:07:38 Closing & Disclaimers
