$BTC flushed from 85K during Asia — clean sweep of leveraged longs, exactly as anticipated. If you shorted that pin, well done; the move played out fully.
The pump into 85K stacked up long OI, so this flush is textbook price action. Looks scary, but with that fuel cleared, longs become interesting here.
Those 85K highs look messy and weak — wouldn't be surprised to see another test up there. For now, eyeing 81.6K as the long entry zone after a trigger forms. If we sweep lower first, I'll wait for fresh triggers there too.
Big Asia dump means London might be quiet — possible rotation or further sweep into NY session. U.S. unemployment claims drop at 08:30 NY, so no positions until after the print.
This is the game: wait for structure, let price show its hand, then size the setup that fits the long-term plan. No edge before the news, no trade.
The pump into 85K stacked up long OI, so this flush is textbook price action. Looks scary, but with that fuel cleared, longs become interesting here.
Those 85K highs look messy and weak — wouldn't be surprised to see another test up there. For now, eyeing 81.6K as the long entry zone after a trigger forms. If we sweep lower first, I'll wait for fresh triggers there too.
Big Asia dump means London might be quiet — possible rotation or further sweep into NY session. U.S. unemployment claims drop at 08:30 NY, so no positions until after the print.
This is the game: wait for structure, let price show its hand, then size the setup that fits the long-term plan. No edge before the news, no trade.