Reason: Coin/miner divergence — coins washed (BTC RSI 30) while miners RIOT/MARA/CLSK hold golden-cross strength.

Notes

Tape-read: a sharp coin-vs-miner divergence. The coins and coin-proxies are washed out in collapse regimes (BTC RSI ~30, MSTR -46% in 30d), while several miners are holding golden-cross uptrends — the equipment is diverging bullishly from the commodity. Coins are knives; the miners are the cleaner trend.

• RIOT — CONFIRMED-BREAKOUT · RSI 59.1, uptrend, +98% 3m, +53% vs SMA200, only -8.4% off high; golden cross, strongest miner.
• CLSK — OVERSOLD-QUALITY · RSI 48.6, strong-up, +71% 3m, golden cross, -32.6% off high; pullback within uptrend.
• MARA — OVERSOLD-QUALITY · RSI 51.2, strong-up, +61% 3m, golden cross, -41% off high.
• MSTR — BROKEN-AVOID · RSI 24.6, collapse, -46% 30d, -81% off high, death cross; classic falling knife.
• COIN — BROKEN-AVOID · RSI 34, collapse, -67.4% off high, death cross.
• IBIT — BROKEN-AVOID · RSI 31.7, collapse (tracks BTC RSI 29.9), -53% off high, death cross.

Lead pick: RIOT — only miner in a confirmed uptrend with a golden cross and near its high (-8.4%), diverging from washed-out BTC. Trigger: add on a flag holding SMA20; do NOT buy MSTR/COIN/IBIT into the collapse — wait for BTC to base and golden-cross first.