$BTC bounced off 67.6K after yesterday's short turned into a clean runner — profits locked for the week after a slow grind. If you caught that move, solid execution.
Now we're seeing a small bounce into the first 1H inefficiency around 69.5K. After a drop like this, I'm not rushing into new positions. Let price re-accumulate and show its hand.
On the 4H, we barely filled the wick, so I'm looking for a deeper fill and ideally a lower low. The 65.1K–67.5K region is a key HTF support zone where I'll hunt for long triggers and potential reversals.
To the upside on the 1H, we've left plenty of bearish inefficiencies. Those could offer scalp-short setups, but they're late entries — I'll only take them if we don't get that deeper fill first.
Best case: we fill the current 1H imbalance, then get a clean short trigger in NY after the PPI release. The quality short POI on the 4H is the rebalancing of the 72.7K low, but I don't see that playing out today.
Ideal scenario for me: rejection at one of the lower two imbalances, a push lower, then long triggers for a nice relief bounce. No edge, no trade — let the chart come to you.
Now we're seeing a small bounce into the first 1H inefficiency around 69.5K. After a drop like this, I'm not rushing into new positions. Let price re-accumulate and show its hand.
On the 4H, we barely filled the wick, so I'm looking for a deeper fill and ideally a lower low. The 65.1K–67.5K region is a key HTF support zone where I'll hunt for long triggers and potential reversals.
To the upside on the 1H, we've left plenty of bearish inefficiencies. Those could offer scalp-short setups, but they're late entries — I'll only take them if we don't get that deeper fill first.
Best case: we fill the current 1H imbalance, then get a clean short trigger in NY after the PPI release. The quality short POI on the 4H is the rebalancing of the 72.7K low, but I don't see that playing out today.
Ideal scenario for me: rejection at one of the lower two imbalances, a push lower, then long triggers for a nice relief bounce. No edge, no trade — let the chart come to you.
