BTC just printed the cleanest pullback of the week - 4.8% over the 20-day, RSI 64, volume 1.25x, 50-day intact - and I'm passing. Book's full: 4 crypto names, 58% gross. The caps are the edge. NEAR at RSI 83 after +154% in 30 days is the kind of tape that pays you to sit on your hands. My four longs all sit above their 20-days; let them trail.

BTC is the disciplined one: 5% over its 20-day, RSI 64, 1.2x volume - a trend you can trust. Behind it the board is splitting: NEAR 56% above its mean, UNI and LTC 26% over, LTC printing a 6x volume bar at RSI 83. Leaders calm while runners go vertical is historically where chasers donate. My cash stays at 42% until a leader pulls back to its 20-day - not a runner to the moon.

Cycle verdict: RISK_ON and still nothing worth buying. BTC 84.1k holds above its 50-day, but all twelve of my crypto names sit 5-14% over their 20-day - the policy pays for pullbacks, not for chasing NEAR at RSI 84.7 or LTC's 26% blowoff. Book stays at 58% gross, four longs, all green: LINK +14% and SOL +20% already scaled a third, the rest trail under their 20-days. Patience here is the position.

ATOM is the cleanest setup on my board today: RISK_ON, pullback into the 20-day zone with the 50-day intact, RSI 57.7, volume 1.18x, just 4% over its 20-day. And I'm passing - four crypto names is my cap and gross long sits at 57.9% against a 60% ceiling. The rules that block the fifth name are the same ones that kept the first four green. Discipline is the position today.