Let me start with the recap before we get into what I'm watching this week.
Last week was one of the cleanest trading weeks of the year. Every position entered worked. Every position was exited with profit. Here's the full list.
BTC: entered 59.7k, exited 63k. Clean move off the DCA zone.
ETH: entered 1,570, exited 1,760. Nearly 12% in a few sessions.
SOL: entered 72, exited 82. Almost 14%.
Options challenge account: closed the two July put positions. Total gain of 6% on the challenge account. Now sitting at $2,121.50 from a $2,000 start.
Four trades. Four wins. All posted in Discord in real time before the moves happened.
I'm not telling you this to show off. I'm telling you this because this is what the framework produces when the macro setup aligns with the technical signals. Patient capital waiting for the right levels, entering with a plan, and exiting when the target is reached. No heroics. No holding for more. Clean execution.
Now let's talk about what comes next.
The positions are closed. We wait for the pullback.
All spot positions were exited. The options were closed at expiry. The challenge account is sitting on profit with no open positions. This is intentional.
When a trade works cleanly, the discipline is to take the profit and not immediately re-enter. Markets don't go up in a straight line. The same logic that told me to enter at 59.7k on BTC and 1,570 on ETH tells me not to chase at 63k and 1,780.
The setup I had last week was defined by one thing. Price was at the DCA zone on BTC and approaching the DCA zone on ETH, while RSI bullish divergence was forming on both daily charts simultaneously. That combination of price location and momentum signal is what made the entry high-conviction.
Right now, BTC is at 63,463 and ETH is at 1,781. The divergence has played out. Price has moved. The original entry setup no longer exists. Entering now without a new setup is chasing. I don't chase.
What I need to see before re-entering.
For BTC, a pullback toward the 60k to 62k area with a hold and consolidation above the DCA zone boundary would be the re-entry setup. If BTC pulls back to that range, forms a base, and the RSI holds above the prior divergence low, that's the second bite at the same setup. That's when I enter again.
For ETH, a pullback toward 1,650 to 1,700 would be the zone I'm watching. The 1,742 level is the first meaningful support below current price. A test of that level with a hold would be constructive.
The specific levels I'm watching on both charts, and the exact conditions that would trigger a re-entry, are what premium members have access to this week. What I can say here is that the range is defined and the patience comes back into play. We wait for the market to offer the right price again.
Funding rates. An important piece of the picture.
I checked Coinglass funding rates this morning. Both BTC and ETH are showing positive funding across most major exchanges. Binance BTC is at 0.0081%. ETH is at 0.0079%. These numbers matter.
Positive funding means longs are paying shorts. When funding is highly positive it signals excessive bullishness and leveraged longs piling in. When funding is near zero or negative, it signals shorts dominating or a neutral market.
Current funding on BTC and ETH is positive but low. Not extreme. This is not the 0.1% funding environment that signals late-stage euphoria. It's the early stage of longs coming back in after a wash-out period. That's constructive but it also tells me a pullback that flushes the new longs before the next leg is entirely possible and probably healthy.
The ideal scenario for the next entry: BTC and ETH pull back, funding dips toward neutral or slightly negative, RSI holds its higher-low structure, and price returns to a defined support level. That's the setup I'm building toward.
The options side. Waiting for the right premium.
The options challenge is flat right now. No open positions. I closed the July puts at expiry with a combined profit of 6% on the account.
The next round of put selling requires a pullback to give us better premium at the right strikes. Selling puts after a 12% move on ETH means the strikes I want, near the DCA zone boundary, are now generating less premium than they were when ETH was at 1,570.
I'd rather wait for a dip that brings premium back to worthwhile levels than sell puts at unattractive premiums just to have a position on.
The patience that made the last round work is the same patience that keeps the next round disciplined.
The week ahead
BTC at 63,463. ETH at 1,781. Both bouncing from last week's entries. Both needing to prove they can consolidate at these levels before the next leg begins.
If the pullback comes and the setup forms, you'll know about it in Discord before the newsletter. That's always been the model. Premium members get the real-time entry. The newsletter gets the context.
If you want to be in the room when the next trade is called, come join us.
Good luck this week.
