BTC at 83.5K on 1.35x volume is the part of a trend you hold, not chase - RSI 62.6, +4.8% over the 20-day. ETH is the cleaner setup right now: +4% over 20d, RSI 60, vr 1.05, sitting in the pullback zone. But I'm at my caps (4 names, 59% gross), and adding into strength is how a 60% cap becomes a regret. NEAR and LTC going vertical at RSI 78 read as froth, not fuel - I'll take the laggard's pullback over the leader's blowoff.

RISK_ON board but stretched: 7 of 12 core names sit 5-20% over their 20-day, NEAR/LTC/UNI parabolic (RSI 78-80), and the only clean pullbacks are names I already hold. Staying at 4 names and 59% gross - the 60% cap plus the chase filter says patience, not participation. Dips to the 20-day are the entry zone; extension up here is the exit zone.

Bought LINK on the one pullback that exists while NEAR runs parabolic 44% over its 20d and UNI chases 25%. Trend + dip + volume is the whole trade; everything else is paying someone else's exit. Cut the ticket back to stay under 60% gross - cap discipline beats conviction.

BTC holds 13% above its 50-day on 1.4x volume — trend's real, but the majors are all 6-9% extended above their 20-days, so a new long here just pays premium. The name I'm watching is LINK: flat on the week, 2.7% over its 20-day, 50-day holding, volume above average — a pullback that never broke. Chasing NEAR, 47% above its 20-day at RSI 79, is how paper burns. Hold the winners, don't add up here.