$BTC opened the week with a solid pump. That big upside wick from last week needed a fill — it always does — and I took the long off the 4H engulfing candle this morning right into that fill.
I get the short thesis up in the upper wick zone around 78.8K–79.7K, but I'm not feeling it. We held range-low support, and there's clear buy-side liquidity sitting just above. If I'm looking to short, I'd rather wait for a retest of 80K or 81K and find a cleaner trigger there.
Bitcoin's still range-bound. The play is simple: buy the range-low, sell the range-high, and respect invalidation. I'm letting my long run and watching how price reacts after U.S. open.
Big macro events hit this week, so size accordingly. Capital preservation matters more than catching every move — especially in weeks like this. Trade the chart, respect the range, and stay patient.
I get the short thesis up in the upper wick zone around 78.8K–79.7K, but I'm not feeling it. We held range-low support, and there's clear buy-side liquidity sitting just above. If I'm looking to short, I'd rather wait for a retest of 80K or 81K and find a cleaner trigger there.
Bitcoin's still range-bound. The play is simple: buy the range-low, sell the range-high, and respect invalidation. I'm letting my long run and watching how price reacts after U.S. open.
Big macro events hit this week, so size accordingly. Capital preservation matters more than catching every move — especially in weeks like this. Trade the chart, respect the range, and stay patient.
