Lennaert Snyder
Lennaert Snyder|Sep 30, 2026 08:02
BTC is squeezing further into this compressed range. The short from yesterday was a nice play, and we milked this small local range enough. It's obvious Bitcoin is building liquidity on both sides of the range, so trades within are low-probability for me. The plan is pretty straight forward, waiting until one side gets taken and monitor the reaction. Best case we sweep the lows first and test the 82K region for longs towards 86K/87K. Imo you should be positioned short already, I'm not that interested in shorts locally. Maybe if we leave the lows of this range intact and sweep the highs first, then I might look for bearish triggers. But if we test the 82K region first and pump back to the highs, then I'm only looking for shorts in the extremes around 86K/87K. Alerts are set and sitting on hands until one is triggered.
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