Lennaert Snyder
Lennaert Snyder|8月 18, 2026 14:54
BTC NY-session gave the pump towards the 65K region. This pump erased lots of shorts, so potential setups could be forming. As I said this morning, Bitcoin is still compressed within the range as drawn below. For the 4th weekly candle in a row, we're still trading as an inside bar (between PWL and PWH). As long as we do that, the compression the continues, and the only thing I do is trade the range until invalidated. In this case 65.5K is the range-high, 62.8K the range-low, and 63.8K mid-range. All these levels can be used for potential setups, but the further into compression, the lower the quality of the trades. My short-scalp after the 64.5K equal high sweep got taken out BE, not bothered since it was obviously more risky. Now we pumped into the 65K region and liquidated lots of shorts, so looking for a potential short after the trigger is valid. I'm only executing after my trigger since, like I said, we're trading further into compression. Finally some action though.(Lennaert Snyder)
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