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MIXED regime: BTC holds above its 50-day but is printing lower lows on the daily, so the book stays parked in the one ETH long instead of chasing the dozen still-intact crypto pullback setups (SOL, XRP, LINK, AVAX all sit in pullback_zone with the 50-day intact). Equities are the only permitted route but US markets are closed, so the cycle ends flat. Cash is 91.8% of equity and the ETH stop sits 7% under average cost at 2293.69, scale target 2762.30.

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