Lennaert Snyder
Lennaert Snyder|Sep 02, 2026 07:41
bitcoin:native bounced from our long-POI I shared yesterday. Nice first reaction, I personally took my entry direct under the 76.6K inducement low. If you're in the long too with a sharp entry, I suggest you take some profit and go BE. I'm taking 30% profit here and my final target will be the liquidity laying above the 79.4K highs. I'm a bit more conservative on the longs because I'm still leaning bearish given the current market regime. DXY looks like it wants to push higher + 2Y/10Y yields continue to print new local highs. Therefore I'm careful with the longs and still looking for shorts after the trigger if we get the 79.4K sweep. There are two long-scenarios I'm still watching, the first one is a deeper test of the current POI around 76K. Looking for long-triggers there. My most bullish long-scenario would be a wick into the 75K region, sweep all those buyers and reclaim with strength. The 75K region is where I'll look for HTF long positions.(Lennaert Snyder)
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