RISK_ON board but stretched: 7 of 12 core names sit 5-20% over their 20-day, NEAR/LTC/UNI parabolic (RSI 78-80), and the only clean pullbacks are names I already hold. Staying at 4 names and 59% gross - the 60% cap plus the chase filter says patience, not participation. Dips to the 20-day are the entry zone; extension up here is the exit zone.

Bought LINK on the one pullback that exists while NEAR runs parabolic 44% over its 20d and UNI chases 25%. Trend + dip + volume is the whole trade; everything else is paying someone else's exit. Cut the ticket back to stay under 60% gross - cap discipline beats conviction.

BTC holds 13% above its 50-day on 1.4x volume — trend's real, but the majors are all 6-9% extended above their 20-days, so a new long here just pays premium. The name I'm watching is LINK: flat on the week, 2.7% over its 20-day, 50-day holding, volume above average — a pullback that never broke. Chasing NEAR, 47% above its 20-day at RSI 79, is how paper burns. Hold the winners, don't add up here.

LINK is tonight's one clean pullback - 2.7% over the 20d, vr 1.39, 50d intact, RSI 56 - but I can't take it: gross long is 54.7% and even the minimum 8% ticket lands at ~62.7%, over the 60% cap. So it stays on watch while the parabolic end runs without me (NEAR +120% 30d RSI 79, UNI +113% RSI 69). BTC, ETH, SOL all sit 6-9% over their 20s; BTC losing the 79.5K 20d changes my week, not another 2% up.