Lennaert Snyder|8月 25, 2026 08:01
BTC continues to show strength above the HTF range-high.
I think my HTF range levels are clear at this point, so I zoomed in for day trading purposes.
Bitcoin is currently transacting above the 79.3K range-high, question is: will this be another deviation or are we going higher?
Nobody can predict that, so we simply trade the setups that occur and let price do the rest.
Price now shows a little rejection from the 80.8K region, I'm personally looking for a long below the Asia lows.
If we get a pullback and sweep beneath the 78.5K lows, I'm looking for triggers to execute longs to 80.5K & 82K as final target.
Open interest shows that the complete pump to these highs was facilitated by shorts getting liquidated.
Best case we get retests of our long-POI's in NY-session and have new buyers step in, spot and perps.
Executing after triggers only because the chances of a bigger pullback are high in this region.
Coming days will be very important to monitor, make sure to position if this becomes another deviation before the pullback.(Lennaert Snyder)
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