The thesis of a crypto turnaround didn’t play out, so I’m selling my position in Circle for now.

The timing just isn’t working.

The original idea was that crypto momentum would improve and Circle could benefit from a broader comeback in the sector. That has not happened. Bitcoin continues to trade poorly, crypto sentiment remains weak, and there is no real reason to force the position right now.

This is simply about discipline.

I want to own stocks where the thesis is playing out, the chart is improving, and the sector has support. Right now, Circle does not have that.

Instead, I’ve started a position in Solstice $SOLS which I discussed here. It’s setting up again after breaking above a key level, then pulling back and successfully retesting that breakout area.

And I’m starting a starter position in Infleqtion $INFQ. As mentioned this is not a long-term holding but an interesting short-term opportunity.