Skeptical That “The Lows” Are In, but Risk/Reward Has Improved, Deploying Some Dry Powder (Portfolio Rebalance)

Important Notice: I will be out of the office through Friday and will publish selectively if warranted by market conditions.

Portfolios

NOTE: See the end of this note for additional details on the latest rebalance.

Stops Get Hunted

The crypto selloff accelerated throughout the weekend, with BTC falling to ~$74k, ETH to ~$2,150, and SOL to ~$96.

24-hour liquidations across perpetual futures markets reached roughly $2.5 ...

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