BTC didn't hold 64K and continues the dump to the lows. The long profited nicely yesterday, and todays dump is exactly the reason why I explained my conservative TP. Bitcoin left plenty of liquidity to the downside, and new lows are preferable to provide a sustainable move up. I was targeting the sweep of the 65.6K high for bigger shorts, but price decided to frontrun it by $20. Part of the game. For trades today, the expected move of the day is almost finished as we dumped to the downside in Asia. So the only setup for me would be an exhaustion trade long at the 62.4K lows. The whole box is legit, and liquidity-wise a wick below is also likely and the exhaustion long would even be higher probability. Exhaustion trades are short-lived for me as they're also counter-bias in this case. So if I'm executing, my approach is to capitalise on a short-term bounce. 65.6K is still a target, but price can leave liquidity for later moments so I'm not predicting to go there. OI increased during this dump showing lots of new shorts are entering + funding rates coming down. Good to keep that in mind. Had a nice week overall, so I'm fine with whatever happens from here.(Lennaert Snyder)