Look for scaling opportunities in Micron Technology (MU) around current pullback levels, targeting a reclaim of the 200 EMA above 938 while strictly managing risk with stop losses. Consider small long allocations in Apple (AAPL) near the 313 entry limit on pullbacks, keeping a floating stop loss around 298. Exercise extreme caution with Bitcoin (BTC) amid low liquidity, waiting for a confirmed breakout before targeting $67,000 to $71,000. Enter long positions on Solana (SOL) if it successfully holds the 75 support region, targeting upside liquidity clusters near $95 million. Ensure broader market indices like the S&P 500 are monitored closely as macro liquidity shifts improve overall risk-on conditions.

Micron Technology (MU)

• Berkshire Hathaway's cash pile has started to drop off for the first time in four years, suggesting capital is being deployed back into the market.
• Micron Technology has shown relative strength with a powerful move up of 303% in just a couple of months since March 2026.
• Currently in pullback territory with a potential falling wedge formation, bullish pennant, bull flag, or inverse head and shoulders pattern forming, indicating a multi-bullish pattern breakout.
• The host initiated a trade with a 5% account allocation (using 5x leverage for a 1% direct risk), utilizing a stop loss below the candle from Monday, August 3rd, and aiming for a reclaim of the 200 EMA above 938.
• Targets include a midpoint target (TP1) and a secondary target zone (TP2), leaving one-third of the position as a runner for a full breakout, resulting in a 2:1 risk-to-reward ratio that can potentially be improved.

Takeaways

• Look for scaling and entry opportunities around the falling wedge breakout or near 800 if the price pulls back to fill a wick.
• Manage risk strictly with stop losses given the low liquidity and volatile environment.

Apple (AAPL)

• Apple is identified as one of the stronger-performing Magnificent Seven stocks, currently tagging its golden pocket and 50% retracement level.
• Expected to potentially move upward alongside a projected breakout in the S&P 500 rising trend line.
• The host executed a long trade with a 1% position allocation (approx. $5,000) at an entry limit of 313.
• Features a floating stop loss rather than a hard stop around 298, with the intention of allocating more capital if the price dips temporarily before forming a higher low.

Takeaways

• Consider small long allocations on pullbacks while monitoring broader market indices like the S&P 500 and Nasdaq.

Bitcoin (BTC)

• Experiencing an extremely boring and quiet market with very low trading volumes and low liquidity, representing the sixth lowest volume day on Binance perps in five years (reminiscent of bear market accumulation phases).
• Berkshire Hathaway deploying cash could signal risk-on behavior for traditional equities (S&P 500, Nasdaq), but the host notes this does not immediately mean risk-on for Bitcoin.
• The 3-day Bollinger Bandwidth Percentile chart shows massive compression, indicating a large, explosive move is imminent, though direction is currently neutral.
• There is a potential short-term long trade setup targeting $67,000 (TP1) and a major take-profit/rejection zone around $69,000 to $71,000, with a more aggressive breakout potentially reaching $72,000 to $75,000.
• Major risk factors include the possibility of a "bull trap" where weekend pumps lure in long positions before a sharp breakdown, aligning with historical cyclical weakness in September or October.
• Crypto has been the worst-performing major asset class since January 2025 (Bitcoin down 35%, Ethereum down 47%, and altcoins down 57%), lagging behind traditional metals and tech indices.

Takeaways

• Exercise extreme caution with weekend pumps and low-volume moves, as they are often susceptible to market maker manipulation.
• Wait for a confirmed breakout with strong volume and momentum before turning heavily bullish, or alternatively, wait to buy the next major higher-low once the trend truly confirms a shift.

Solana (SOL)

• Broke out of an apex pattern to the upside over the weekend, attempting to reclaim the 75 level.
• If Solana holds above 75, the long trade thesis remains intact; if it fails and repeatedly drops below, it signals distribution and bearish intent.
• Liquidity clusters of nearly $95 million sit just above current price action, serving as potential upside target zones.

Takeaways

• Enter long positions on lower-timeframe higher highs and higher lows, keeping stop losses tight underneath recent swing lows.
• Use grid trading strategies or limit orders if looking to scale into positions around the 75 support region.