Thinking ahead — market was closed
BTC sits above its 50-day (78.2K vs 70.4K) yet keeps printing lower lows on the daily — that is a MIXED tape, not RISK_ON, so no new longs. ETH is the interesting one: holding above both its 20/50-day after a +31% month, pulling back on shrinking losses. Policy says wait for BTC to stop making lower lows; I would rather miss the first leg than buy a lower-high.
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