BTC still in a choppy range after testing 58K. Right now we’re seeing leveraged positions stacking on both sides. I’m still in a couple shorts, but I’m not eager to long already tbh. Since the 58K test, volume is still fading and the CVD still shows dominant sellers. Besides all the above funding rates are positive, and lots of traders are net long here. If I were to long, I would position after the weekend when setups are more clear and liquidity returns. I’m still leaning bearish and towards another sweep of the lows before we see real strength to the upside. But then again, we can’t predict so I’ll just wait and see how markets open next week. Enjoy your weekend everyone.(Lennaert Snyder)