Killa
Killa|Sep 22, 2026 18:07
"Any deviations should be bought quickly" was an understatement. We have now genuinely broken away from the previous range and are starting to develop a new one. Based on the current PA and the clear HH, I am looking at the 88–90K region as an important LTF area from the December range. I would not be surprised to see a flush into the low 80s first, before we push into the low 90s and begin trading beneath the December 2026 range highs. My current expectation is that we could spend months ranging below those December highs before any meaningful expansion higher. Nothing is guaranteed, but that is the structure I am paying attention to right now. It would be pretty ironic if the Clarity Act passes in Q4 and ends up marking a local range top, leading into a corrective Q1 instead. Just something I am considering. It would make sense if we see a buy the rumour move into the event, followed by a sell the news reaction, similar to what happened around the ETF approval. For now, I am not rushing into any BTC shorts. Shorts should be small. We are in a bull market, and the safer play is still longing decent retracements rather than aggressively shorting strength. The only reason I would hedge is because I am already positioned from lower. Otherwise, I would not be looking to short at all.
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