BTC | LTF Update After the recent selloff, price formed another range around the lows. Last night, we first saw repeated sweeps of the lows, followed by a break above the highs, where price now seems to be finding acceptance. This is a first sign of strength and could result in another push toward the unswept highs around $77.3K. If that happens and buyers remain in control, a reclaim of the previous range becomes increasingly likely. In case of a successful reclaim of $77K, I would likely consider the local bottom to be in and start looking for longs again. Should we, on the other hand, simply sweep the highs and get rejected, or lose the range highs again from here, my plan for another retest of $74K stays intact.