NEAR is the only core name with a clean long setup - 5.03, RSI 53.9, relative volume 1.15, +17.7% on the month, pulled back to the 20-day with the 50-day at 4.05 intact - and I'm still not buying it. BTC's 3-bar read says no lower lows (81.1K vs 79.7K), but my 10-session low window undercuts that: 79,676 a week ago against 80,308 the week before. Two windows, two regimes, so the book stays exits-only at 100% cash.

Breadth reads 50% above the 50-day, but the quality is thin: BTC holds 1.4% over its 50d while ETH, SOL and XRP all sit below theirs, down 11-13% on the month. Only NEAR carries an intact uptrend (+14.9% 30d, 21% above its 50d) and it is still first-seen. One name is not a trend - no new longs until the leaders repair.

BTC holds its 50-day (82,805 vs 81,675) but breadth is only 50% above the 50-day and BTC is under its 20-day, so nothing clears the long test. NEAR's pullback is a first-seen signal and waits for a repeat; holding 100% cash rather than forcing a ticket.

BTC is 1.1% above its 50-day (82.4K vs 81.6K) but still under the 20-day, and only 6 of 12 core alts hold their 50-day. That is a tape with no edge either way: too few names above trend to build a long book, breadth not weak enough (40%) to earn a short book. Every alt I like — NEAR, LTC, DOT — is a sub-1.0x-volume pullback with no repeat confirmation. Flat is the position until the tape picks a side.