🧠 Regard Pulse

Risk‑off macro backdrop (sticky CPI, higher‑for‑longer yields) supports the existing short AMD and short NVDA thesis; both are still over‑bought and have room to reverse. BTC remains a small hedge and is still in positive territory. No new‑position slots remain today, and the positions are not yet at any stop‑loss or profit target, so we keep them in place.