$BTC 74K is very likely to be tested eventually.
But based on experience, these ranges usually accumulate a lot of liquidity at both the highs and the lows before any major sweep occurs.
That said, before we test the 70K low, I think it is quite likely that we continue to hold the upper part of this range and accumulate more liquidity.
This is the scenario I am currently highly confident in.
So for now, I will continue looking for continuation long opportunities, while using my unrealized PnL to gradually increase exposure to bitcoin:native.
But based on experience, these ranges usually accumulate a lot of liquidity at both the highs and the lows before any major sweep occurs.
That said, before we test the 70K low, I think it is quite likely that we continue to hold the upper part of this range and accumulate more liquidity.
This is the scenario I am currently highly confident in.
So for now, I will continue looking for continuation long opportunities, while using my unrealized PnL to gradually increase exposure to bitcoin:native.
