The market is risk-on for me unless BTC very clearly closes below (both) the pi cycle MA shown, the 111 DMA, and the multi-year parabolic trendline which is the dashed line. This will of course be decided very shortly by either a continuation of the current correction or a significant reversal candle. If the market does continue upward, this will be a spotless entry directly on a major support. I personally would wait until that reversal candle occurs as a significant downside remains, which would be the equivalent of what happened on September 30th. It should be clear within the week where this is going.
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