Lennaert Snyder
Lennaert Snyder|6月 29, 2026 18:24
BTC orderflow is looking strong in the 58K region. Spot is bidding the 58K region, and today at the 59K retest spot demand is showing up. Open interest in flatlining while the spot CVD and volume is showing greenery at these lows. That's actually nice and supports the conclusion that the upward moves are more sustainable. The biggest bid was at 58K, and the heat map shows lots of liquidity sub 58K. Funding rates are positive and top whale traders on all the major exchanges are positioned net long. This is time to pay attention, the long at 59K was nice, not my setup but it looks good. This could be the start of a bigger correction to the upside, so longs are in play for me when the setup is there. All I know is that IF we get another sweep sub 58K, I'm looking for bigger long positions to potentially catch a bigger bounce.(Lennaert Snyder)
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