$BTC swept the 81.9K prior week high — all last week's sellers are out. That's textbook liquidity engineering. When you clear the PWH, holding the 74.9K prior week low becomes statistically favored. Higher-timeframe bias stays bullish.
Last week handed out clean entries. If you took them, you're set. Now we're grinding HTF resistance after taking buy-side liquidity. Lots of induced buyers up here. My system says this is not the spot for aggressive intraday longs.
Two setups I'm watching:
1. Counter-trend short (hedge play, higher risk): Wait for a sweep above 82.5K–83K, take out external liquidity, then look for bearish triggers. It's a fade, so size accordingly.
2. Long off pullback: If we hold momentum and don't retest the local range low, I want to see a dip into 79.3K–79.6K — that's the 50% daily gap fill plus the value area low. Clean long-trigger zone. Lose that and we're likely back to range lows.
If you're a sharp scalper, you can try longing into upper liquidity targets, but that's the riskier path.
NY open will tell us which script we're running. Trade the chart, not the hope. This is how you fund the long game.
Last week handed out clean entries. If you took them, you're set. Now we're grinding HTF resistance after taking buy-side liquidity. Lots of induced buyers up here. My system says this is not the spot for aggressive intraday longs.
Two setups I'm watching:
1. Counter-trend short (hedge play, higher risk): Wait for a sweep above 82.5K–83K, take out external liquidity, then look for bearish triggers. It's a fade, so size accordingly.
2. Long off pullback: If we hold momentum and don't retest the local range low, I want to see a dip into 79.3K–79.6K — that's the 50% daily gap fill plus the value area low. Clean long-trigger zone. Lose that and we're likely back to range lows.
If you're a sharp scalper, you can try longing into upper liquidity targets, but that's the riskier path.
NY open will tell us which script we're running. Trade the chart, not the hope. This is how you fund the long game.
