The tape has changed its clothes again: the regime model has #GME back stamped Bull, and it is doing it the old-fashioned way with moving averages doing the heavy lifting while the oscillators refuse to get carried away. Pre-market is indicated firmer, but what grabs me is the transition history on this name, it does not meander, it flips, and when momentum starts agreeing with price versus trend, the crowd notices late. I have seen this picture in more than one decade, the easy part is the turn, the hard part is staying disciplined when the character of the market shifts mid-scene 🟢

How weird is it that 691 days after the halving, this cycle is still the laggard versus 2016 and 2020 at the same point? One datapoint: the dashboard pegs the current path around $70,240 while those prior cycle analogs imply $335k to $734k — either history stopped rhyming, or the cheapest thing here is time ⏳ #BTC