🔹 Broad Market Outlook: We are getting the consolidation on $BTC that we were looking for last week. This was a powerful 30% move, so a cool-off or consolidation at these levels is reasonable. A wick/move below $92K isn't off the table imo. If we stay above $86-88K, I am still bullish. The base case is that we consolidate/dip here before we continue to push higher. (See white arrow below. ⏬ ) 🔹 On-chain/Trenches Outlook: Crystalized some profits from some riskier trades just in case $BTC pulls back/wicks down. Used profits to grab more of my conviction plays on Solana (i.e. $VIRAL, $PVS, & $MAIAR). Ton of volume for memes right now, but not for utility. Not a market where I have the most edge. Better R/R on utility on ETH/SOL/Base. 🔹 Takeaways: Selectively playing memes with small size but not putting much time, attention, or energy into those trades. For now, sitting on a good stack of free capital, buying conviction plays at low prices, and waiting for the market to show its hand. Should see some good entries and R/R setups soon. For now, just sitting and waiting.