BTC tapped the 75.1K imbalance and bounced. Like I mentioned yesterday, I was waiting on Bitcoin to test the current range extremes for longs. It now tapped the 75.1K imbalance which is in the range low area, not the absolute extremes but a nice 4H candle so far. That wick and drop yesterday was nasty and doesn't look very nice. Also, we're still trading within the previous weekly candle, so the PWL and PWH are still valid targets. We lost the previous daily low, so the 78.1K PDH is not a target for today anymore for me. Scalp-longs are valid though, and my final target for those is the 76.9K daily imbalance. For shorts I'm looking at the sweep of internal range liquidity. Best case around 77.2K. If I get my trigger there I'll scale-in shorts. Still looking choppy, but definitely more clear than yesterday.(Lennaert Snyder)