And here we are. You'll notice that we are hitting this area of interest on CRV at the same time that BTC has hit the local demand zone that I pointed out in my last update (here: https://x.com/CredibleCrypto/status/1905818324426252481) so whether this zone holds or not is likely dependent on whether BTC holds it's own local zone here or not. In situations like this we don't know the outcome (unless you can see the future- I can't) but we know that we have reached a logical bounce zone on both BTC and CRV which COULD mark a local bottom. This is where I would personally be buying a tranche (scaling in) of spot CRV if I was looking to build a larger spot position. That way if we do bounce and this IS a local bottom, we've managed to grow our stack a little larger before the next rally. And if it's not, well then we deploy our second tranche of buys at the next area of interest on the downside (.36-ish).