
bitcoin:native Still inside the range, but between the main POIs. Watching range high supply for potential shorts, a sweep of EL for a potential extended M2A, or a deeper sweep for an M1A or PO3 setup. Price is currently around the range POC, so not a high probability location for new trades. For intraday opportunities, I’m watching whether London forms a weak pivot as the daily high. That would give us a strong Asia low and a weak London high, adding confluence to a potential long idea. Orderflow shows price cleared Tuesday’s NDPOC with OI increasing, which could indicate shorts getting aggressive into the lows. If price moves back above their entries, those shorts could provide fuel for a squeeze. There are also single prints above that could act as magnets. Overall, location calls for patience, but on the lower timeframes I’m leaning more bullish than bearish for a potential short squeeze. The statistics would support that idea if the strong Asia low and weak London high sequence develops. Still need clean price-action confirmation before getting involved.
