BTC rejected the previous weekly low and left equals. Currently price is rejecting the 64K level, which is an important momentum level for this week. Now we rejected the 62.3K PWL, in terms of direction the market is indecisive. We engineered lots of liquidity at those lows obviously, and the grinding highs above are also stacked with liquidity. What do I do in certain conditions? I simply wait. I'm still in my shorts, and those 62.3K equals are still a target, but we all know price can leave liquidity for later. The 64K momentum line is important for me, and there is one short-scenario I'm eyeing. If we sweep internal liquidity around 64.5K and get a strong bearish rejection, I'm shorting it again. The short is still interesting because open interest shows that this pump is mainly driven by shorts closing. If price pushes above 64K and consolidates + new buy/longs stepping in, I'm sitting on my hands. Those who follow me know that 68.1K is a HTF target on Bitcoin for me, and strength above 64K could result in more momentum into the highs. For longs I simply cannot execute here per my system.(Lennaert Snyder)