Why Layer 2s Are Bearish (And Ethereum Eats Them) | Ep 46📈🤑 episode artwork

EPISODE · Jun 30, 2026 · 1H 2M

Why Layer 2s Are Bearish (And Ethereum Eats Them) | Ep 46📈🤑

from The Rise Up Morning Show · host Rise Up Media

Good now revolutionaries— Will + Doug on Market Watch in a weird four-day trading week (Canada off Wednesday, US off Friday, end-of-month + start-of-quarter overlap). The market read: Solana looking the cleanest of any major crypto by far, Bitcoin barely hanging on a diagonal $59K support that's been tested 5+ times, and gold weakening fast. Doug's macro thesis: gold has been a leading indicator before crypto + stock moves for the past several weeks. If gold cracks below $3,970, expect everything else to follow.Solana sets up cleanest of the bunch: bullish wedge breakout above $73.70, target zone $80–$87 if the market stays green. Watch the $71.50–$72.50 EMA cluster for support; below that, the long invalidates and Solana joins the broader rollover. Will closed a 21% short on Solana mid-show after sweeping the morning's highs. The rebound is real but constrained.Circle (CRCL) thesis still alive — two bullish daily candles, weekly Stoch RSI oversold, wedge breakout target ~$202–$212 by late Q3 if the Clarity Act passes. Will's plan: scale in tomorrow at market, ladder bids down to $62–$65, expects another sweep of the IPO-gap lows at $63. Hyperliquid printed a clean bullish daily — long invalidation $60, dream entry on retest $40–$50. Pengu showed first signs of life with a daily close above 6+ weeks of trendline resistance. Velvet manipulated; stay away. Casper/Silo/Arb/ICP all dead. Layer-2 thesis broadly bearish — Ethereum getting cheaper and faster eats into the L2 reason-to-exist.Doug's robotics deep-dive: he's tracking 100 robotics stocks broken out by component (eyes/perception, brain/edge compute, muscle/motion, body/embodied, autonomy). ETFs leading the way — Robo ETF, China Large Cap, 3D Printing, Biotech, GLP-1 (OZEM). Airline corner: Southwest (LUV) is the most attractive chart, JetBlue setting up as a lagger, Delta + American both broken. McKesson is the boomer TIE-fighter pattern of the day. Plus Pacifica vs Jupiter for perps (Will switched after a White Whale tutorial — Pacifica plays against a real order book and supports 100 laddered scale-in orders) and JTX beta launching soon.RUMS Purple WalletWant the safest way to store your crypto? The Arculus cold storage wallet keeps your assets completely offline, away from exchanges, away from hackers, and fully in your control. Get your exclusive RUMS x Arculus cold storage wallet today!Crypto Payment · Card PaymentPowered by Arculus Wallet — getarculus.com, promo code ARCURUMS10.Powered by Jito — stake your SOL at https://www.jito.network/staking/.Support the show— Want to hang out with us after the show, get live answers to your questions, or join future giveaways? Join our free community where the show lives 24/7: community.rumshq.com—☕ THE RISE UP MORNING SHOW☀️LIVE Monday - Thursday @ 7a centralHelpful web3 news, commentary, & answers to your crypto questions.🍻RISE UP AFTER DARK🌗 LIVE Wednesdays @ 7p centralDYOR and BYOB for casual Q&A, fun with expert guests, and altcoin research.📈RISE UP MARKET WATCH🤑LIVE Mondays @ 7p centralTechnical analysis, real macro insight, and practical takeaways to help you invest smarter in every market.⚖️ TRUST ISSUES 🧐 LIVE Tuesdays @ 6:30p centralBreaking down U.S. crypto policy, regulation, and legislation—what they mean for the industry and what comes next.—WANT MORE?👉Connect w/us on your favorite social: https://rumshq.com👉Become a guest or sponsor: [email protected]👉Join our free community: https://community.rumshq.comFOLLOW OUR HOSTS:☮️ Evan Mann: https://beacons.ai/conversationswithevan🤬 Alex Popovic: https://alexpopovic.info🐬 Will Watson: https://c...

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Good now revolutionaries— Will + Doug on Market Watch in a weird four-day trading week (Canada off Wednesday, US off Friday, end-of-month + start-of-quarter overlap). The market read: Solana looking the cleanest of any major crypto by far, Bitcoin barely hanging on a diagonal $59K support that's been tested 5+ times, and gold weakening fast. Doug's macro thesis: gold has been a leading indicator before crypto + stock moves for the past several weeks. If gold cracks below $3,970, expect everyt...

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Why Layer 2s Are Bearish (And Ethereum Eats Them) | Ep 46📈🤑

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