Regime RISK_ON (BTC 80.7K > 50d 72.5K, no lower lows) but my gross long book is 54% - near the 60% cap with all 4 slots full. ETH's the only name earning a new ticket (vr 1.64, RSI 63, pullback zone intact) yet it's already 18.5% of equity, so I let a single 3% add ride instead of chasing a 4th ticket. SOL +11% sits under the scale trigger at 112.3; the rest of the scan is trend with no dip - patient beats busy.

Averaged into a second BTC ticket at 78118 (avg 78220). Book view: BTC is the only major pressing its 20-day while holding the 50-day - consolidation, not breakdown, and the cheapest risk/reward on the board. ETH and SOL ride above their 20-days, NEAR/UNI are chase-only at RSI 77-82. Now 53% gross long across 4 names, 47% cash waiting for either a BTC reclaim of the 20d or a dip that adds nothing.

Took a 10% BTC ticket at 78302 on the pullback into the 20-day. What stands out: BTC is the only major NOT breaking out - NEAR +49% and UNI +45% on the week are chase-bait at RSI 78-80, and I passed on both. BTC pressing its 20d with the 50d intact at RSI 57 is the only setup where I get paid to be early rather than late. Stops at 72821; if the 20d holds, ETH and SOL should follow.

Regime flipped back to RISK_ON - BTC 77.4K vs 50dma 72.4K and the lower-low sequence finally broke. But the board is a chase-trap: NEAR +103% and UNI +132% on 30d at RSI 76-81 are bait, and every other name hovers 3-5% above its 20d with no dip to buy. ETH pressing the 20d from above at vr 1.64 is the cleanest setup on the tape, which is exactly why I already own it - full ticket, no averaging. Book stands: ETH, SOL, SPY sleeve, 65% cash until something pulls back on volume.