The analysis begins by stating Bitcoin is holding a major support level at $109,000 and the macro structure remains intact. Bitcoin dropped a little over 3% but roughly $1 billion in liquidations were seen. Zooming out is better than leverage trading. As long as Bitcoin holds above $109,000, the bullish structure remains intact, and as long as it holds the 50-week moving average, the bull market continues. Scenarios include Bitcoin bouncing off support to new highs. Another scenario is bouncing off support but only making a lower high before testing the 50-week moving average, or a full reset scenario. A 10% cash position, a 37.9% Bitcoin position, a 21% Ethereum position, and a 10.8% Solana position is considered an optimal portfolio, with some profits recently rotated from Ethereum into Bitcoin. 60% of the portfolio allocated to crypto, with Solana over Ethereum. For Bitcoin, support is expected to be held because of the previous swing high and 20-week moving average. It may be possible to retest the 50-week around 100k. Altcoin season may hinge on launch of crypto ETFs. The Global Liquidity Index is highlighted. Solana has three catalysts: the uptick in onchain activity, demand for buy-side leverage, and the crypto ETF decision. Solana/BTC is clearing resistance, and reclaims 0.024275 . Diminishing returns may mean that bull market peak indicators will cause investors to wreck the cycle.