Lennaert Snyder|Jul 28, 2026 07:32
BTC gives us the dump as we anticipated.
The liquidity above 65.8K is still business for later, but Bitcoin chose to erase the weekend pump as discussed.
With this dump, we took out the PWL, so holding the 67K PWH has a high probability for this week.
We're currently trading in the scalp-long POI as I posted yesterday, I'm personally not taking it because it's counter bias for me.
If I were to take it, I'd approach it as a short-lived trade, functioning as a little pullback within the current dump.
I'm letting my shorts from last week run, and if we get a nice retest/sweep around 65K, I might scale-in another short after the trigger.
My short targets are 60K and 59K, which also function as long-POI's.
If we test those area's, I'm looking to long the reaction towards a bigger retracement.
There's lots of liquidity on both sides of the range, so leaving a runner in either direction is key imo.
Remember, FOMC tomorrow.(Lennaert Snyder)
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