Today BTC was up 10% before the market opened. Once it opens, the move will be digested, followed by range trading. During the day, it’s basically just junk time. If you want to re-enter, you need to wait until after the close—see what price the low is filled at and where it gets received; then look for an opportunity to enter during the day.

At the moment, the low only got closed at 71,300. Re-entering to go long is more appropriate starting with a main position between 75,350 and 74,666.