The Bitcoin Surge We've Been Waiting For — And We're Positioned to Ride it.

Walking through our Bitcoin trade, handling choppy markets & more!

Key takeaway: Do not worry if a setup looks ‘too obvious’. Swing the bat, manage risk, and let it play out.

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Bitcoin is rocking—and we’re right where we want to be.

Crypto is running riot, and we’re sitting comfortably with strong cushion in our BTC, COIN, and HOOD positions (+103%!).

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A major rotation was in play again today, with big tech getting sold hard as money flowed aggressively into small caps and crypto.

Bitcoin’s breakout continues to look textbook, and our solid crypto exposure paid off in a big way.

While some high-flying tech names came under heavy pressure, others thrived—and that divergence is opening up some exciting new opportunities.

That said, the risks of getting too aggressive in an extended market were on full display today.

• I’ll break down what to watch, how I’m positioning, and why discipline remains key in this kind of environment.

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In the Trading Room, we stuck to the plan of letting our names work.

So many names experienced ugly volatility today, including RBRK, CRWV, ALAB, ZS and many more— we’re happily avoiding that.

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Tonight, I’ll look at:

• Why the Bitcoin trade was a fat pitch, why you trust your eyes!

• New trade ideas for tomorrow

• Current situational awareness update

• Sector rotation, what’s looking good for a pullback buy

• A few red flags today, cybersecurity hit hard

• Market breadth/internals

• Index analysis with levels

• Portfolio review / Mindset / Psychology

• Video Analysis

Let’s dive in!

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QQQ

The QQQ had another day of shaking out under the five SMA, yet it was able to recover and close well, printing a hammer candle.

This just goes to highlight the underlying strength in this market and why you do not want to be fading any asset that's riding this moving average.

We continue letting our open positions work while the index grinds higher, avoiding fresh risk but letting our current holdings do their thing.

This will likely be the playbook until the market experiences a meaningful pullback.

SPY

Another day, and another SPY all-time high.

Just note the incredible strength here, as we saw it break out of a very short three-day flag—all above a rising five SMA.

The index continues to remain extended, which means buying has to be done with great care, but I am certainly getting more and more excited about the opportunities a pullback in this market will present.

We can use leveraged ETFs for the index, not to mention the many stocks that will likely be setting up. I believe it will really pay off.

IWM

An exceptional day in the IWM as we see more rotation occur in this market.

The good news with this is that there are new sectors evolving, sure to provide the possibility of setups down the road.

The index is charging towards the 230 level, where one could expect it to possibly meet some resistance.

Nothing to do but let this one work and patiently wait for a pullback. Pure underlying strength as it continues to ride the moving averages higher.

ARKK

ARKK saw some excellent follow-through as it looks to push away from the 71.50 pivot point.

If we look at the weekly chart, it is quite extended here, so adding this here is a little tricky, yet any pullback to the 10 or 21 EMA will certainly be buyable in my opinion.

Gold

Gold continues to chop under the moving averages.

Today it attempted to make a move but was smacked down at the 10 and 21 EMA area. Simply observing from the sidelines here.

A breakout back above the moving averages would be something that could potentially get me interested.

Bitcoin (long)

Some phenomenal action here in Bitcoin as the breakout starts to follow through.

We were able to clear yesterday's high and break into new ground, and the move is looking incredible

Now that we have some established cushion, we can comfortably sit back and let this one play out. As per usual, I'll be using the 10 & 21 EMA to manage this position.

Long from 106,618

USD

The dollar continues to push up against the 21 EMA and is threatening a breakout above it.

For now, it is holding at resistance, and let's see if it is breached in the coming sessions.

TNX

The 10-year yield is sitting back on the moving averages. After trying to break out earlier in the week, we'll see if this is simply a retest or not.

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