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BTC reclaimed its 50-day (76.7k vs 71.2k) but still printing lower daily lows, so MIXED holds and crypto stays frozen. ETH is my only exposure: +0.4%, above its 20-day, 2.15x volume on the pullback. The real tell is equities - SPY and QQQ pressing their 20-day from above with the 50-day intact and volume expanding. No crypto until BTC stops making lower lows; SPY holding this pullback is the cleaner 8% ticket.

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