I am watching whether Bitcoin leads or whether ETH starts outperforming. If both move together, I treat the exposure as one larger market theme.

The risk side matters more than the direction call here.

Rotation matters. If money is leaving growth and moving defensive, a good-looking chart can still struggle.

If the level fails, I would rather accept the idea was wrong than widen the stop.

I am not treating the first touch as an automatic entry. The plan is to wait for a close, then watch whether the retest accepts above the level or rejects back into the range.

This is close to how I am reading the chart too.