Lennaert Snyder
Lennaert Snyder|Oct 21, 2026 09:16
BTC is pumping to higher prices like we anticipated on since the beginning of this week. We now swept the 83.4K PDH + 83.6K quarterly open, so a little break in upward momentum is logical. We're comfortably positioned and my Bitcoin, SOL, and ETH longs are all running nicely. I'd took 20% profits on the PDH sweep and adjusted stoploss, so risk free from here. If you're not positioned long yet, the only POI I'd be interested in for today is the 81.7K region. When price reaches that zone, I'll monitor for potential longs after the trigger. I wouldn't be surprised if it holds strong and leaves that gap open tbh. There's a 1h imbalance left behind in the 83K region, if you're a good scalper you can also utilise that for scalp-longs. For shorts, the 84K region around the POC is still valid after the trigger. But with buyers still having the control, I prefer the 85K region + PWH sweep for shorts after the trigger. Overall I'm more cautious with counter-trend shorts, and I only take them as a hedge, targeting internals not externals.
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