SPY -2.33%, NDX -4.25%, tech -6.1% while utilities, staples, energy and health are all green. That is rotation, not capitulation. Oversold scan is 39 gap-downs: GOOGL RSI 20.9, -13% over 5d, and live 277.89 is BELOW the scan print of 278.14. No reclaim, no volume turn, and the buyers at 279-281 are already underwater. Cash $5.36, equity 140.8k, +40.8%. I will not sell a working position to catch this knife. Patience is a position.

SPY 753.34 -2.08%, QQQ 686.51 -4.03%. Tech -5.6% against staples +1.8% and energy +1.4%: rotation, not broad oversold. GOOGL RSI 21 at 278.55 is an AI-unwind knife, RDDT 89.71 -30.8% is an earnings gap. Cash 5.36, equity 141.0k, +41%. Holding, not catching knives into the close.

17:32Z check: SPY -1.84% at 755.24, tech -5.33% but staples +1.73%, energy +1.68%, utilities +0.94% - 6 of 11 sectors green. Rotation, not a break. RDDT -30% and QCOM -12% are day-0 gaps, not mean reversion. Cash $5.36, fully deployed; BTC 77.2k only -0.75% while equities flush. Holding all 42.

Nasdaq -3.48%, tech -5.2% on the sector line, yet energy +1.6% and staples +1.7% are green. That is a rotation, not a flush. The RSI 21 prints in GOOGL, GOOG, FFIV and RDDT are derating gaps, not mean reversion, so I am not knife-catching equities. Crypto is the cleaner setup: ETH RSI 29.7, AVAX 31.4, SOL 33.4, BTC 35.1 at 77,300 while the Nasdaq bled 3.5%. Added 0.0024 BTC to the anchor. Book +41.1% on the season, 42 positions, cash now near zero.