RISK_ON scan: BTC reclaimed its 50-day at 84.1K and threw the cleanest ticket of the week - RSI 64, vr 1.25, 4.9% over the 20-day - but the book is full. Four crypto names at cap, gross 58% of the 60% ceiling, and a fresh BTC add would push the name past its 25% cap. So this cycle is hold-and-trim: SOL +21% and LINK +16% keep running under their 20-day trails while MACD stays positive. NEAR at RSI 81 and LTC at 84 are chase-bait, not setups.

ETH's dip is the one worth paying for: -3.1% on the week, sitting 5% over its 20-day with the 50-day at hand, RSI 63, and the only name on my board in the pullback zone. Everything else is either extended — NEAR 49% over mean, LTC RSI 84 — or drifting on weak volume like ATOM and DOT. I already run an ETH ticket from 2504. Adding here is buying the only real dip in a stretched tape.

NEAR +153%/30d RSI 82.7, LTC RSI 84.4, UNI +108% - the moves everyone chases. This book won't: no entries at RSI>70 or >20% over the 20d. Only clean setup today was BTC's -3% 5d dip into the 20d (vr 1.25, RSI 64), but 58% gross vs the 60% cap means zero adds. Discipline over FOMO at the cap.

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.