Welcome to this month’s portfolio overview. In this edition, Joe walks through his current market read, the thinking behind this month’s allocation adjustments, and the key levels and signals he’s watching as Bitcoin retests support.

You’ll find updated allocation snapshots across all three risk profiles (Low, Medium, and High), along with the reasoning behind each. The focus this month is simple but important: how a confirmation trader approaches a market that’s pulling back into value, why support is where positions get built, and why patience and dry powder matter more than reacting to every red candle.

Let’s get into it.

Confirmation Over Speculation

Acting only when the market confirms a move, such as a full weekly close, rather than reacting to a single red candle or speculative trend lines. The focus stays on horizontal support and volume zones, not guesswork.

Positioning by Risk Profile

There is no single right allocation. A steady holder can stay largely invested through the retest, a balanced investor manages around the levels, and an active trader keeps dry powder ready to deploy. The right approach depends on your profile, not on emotion.

Bitcoin and the Key Levels

Watching a weekly close below the 74K region as the marker to manage downside, with the 200-week moving average as the deeper line. Positions are built into support on the way down rather than chasing strength on the way up.

Pullbacks Are Normal, Not a Top

Treating the pullback after a strong move as a retest into value, not a reason to panic. The disciplined response is to average in strategically through the region rather than swing the whole portfolio on a single move.

Altcoins: Take Profit, Stay Disciplined

Trading only select altcoins, with strict exits and profits taken the moment strength fades rather than held in hope. Joe has rotated fully out of last month’s alt positions and currently holds none.

Let the Data Lead

Letting supply and demand guide the read: institutional and treasury accumulation, ETF flows, and long-term versus short-term holder behaviour, alongside macro signals such as volatility, yields and oil, rather than headlines or sentiment.

Patience over panic. Confirmation over guesswork. Value over chasing strength. When the levels are set in advance, the decisions become simple.