bitcoin:native is pushing against 79.3K resistance. If you took the riskier short after the PDH rejection I shared yesterday, you probably got 1 TP and stopped BE like me. As of now, I see a few possible scenario's I'm willing to trade if they occur. We're ranging locally, so I'm treating my approach for trades accordingly here. We're building liquidity at the highs here, so the best case for a short is a sweep into the 79.6K region and short after the trigger. If we reject the 79.2K PDH from here, I might take another scalp-short towards the 77.4K PDL. Keep in mind that the scalp is quite risky due to the fact we're clearly building liquidity above the highs here. For quality longs, the first good POI is beneath the 76.6K PWL. We're building liquidity beneath those lows + lots of orderbook-pressure in that region. When we sweep those lows and retest the 76K region I'm definitely looking for long-triggers. Bitcoin dropped almost 4% after the hawkish repricing, but it's buying back quite well, this is a strong sign imo.(Lennaert Snyder)