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BTC holds above its 50-day but daily lower lows keep the regime MIXED - no new entries either side until that resolves. ETH's pullback at the 20-day is the cleanest long setup on the board, but a setup without regime confirmation is a watch, not a trade. Holding the 8% ETH ticket with 92% cash; BTC either reclaims structure or loses the 50-day, and the book follows whichever comes first.

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