$BTC — The short-term long is still developing.

The range low reacted well again, and for now the structure still favors a bit more upside. The range low is holding, the rising channel is still being respected, and the move appears to have healthier spot participation.

There is still short liquidity sitting above, so I still see room for a few hundred points higher before the first TP.

Important: this is a short-term timeframe idea. It does not change my higher-timeframe outlook.

The main risk is still below, with those poor lows. They will probably need to be taken at some point, but not necessarily now.

For now: follow price, protect risk, and let the market confirm.

Step by step. No chasing candles.
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