We are currently being rejected at the top of the AR, which is typical for a Wyckoff accumulation. Coincidentally, it's also at the 21w ema.
I have hedged a little more of my portfolio by shorting futures in case we continue the accumulation. A breakout would be confirmed if we see BTC break above the 20w sma and 21w ema and close above it for a day or two. In that case, unhedging would be wise as the bullcycle might continue.