BTC starts the week with a fresh dump. Nice reaction from our sell zone, but too bad the move happened during Asia session, so I didn't position there. My longs are closed BE and for today I'm looking for a potential short after the retest. Around 63.6K is where I'm interested to short after the reaction, my target will be taking out the 61.3K previous weekly low. Orderflow also confirms spot and perps are selling and funding rates are still quite high, so some downward pressure would be healthy. The longs at 60.3K and 59.1K are still valid, they are approached as bounces within the downtrend so only executing after a good reaction. New lows sub 57.8K still is the most healthy scenario imo. Let's see what Bitcoin has in store for us this week.(Lennaert Snyder)