Lennaert Snyder
Lennaert Snyder|Oct 24, 2026 15:28
BTC just lost the 79.8K PWL. This means the PWH purge and revert to the PWL as mentioned last Thursday is now confirmed. Just let the shorts do the heavy lifting for now and don’t fomo into positions. We know that weekend moves almost always get erased in the next week, think of the Sunday pump. Bitcoin chose to dump during the weekend this time, so that could lead to a relief bounce going into next week. Key is to not chase price and wait patiently for your setup/model at the right time. After a dump like this, the logical play is obviously to catch a relief bounce after LTF shifts. For short continuations I need to see retests of POI’s within the premium areas of the range. This is good, we’re taking lots of SSL + triggering liquidations. Usually the beginning of good setups.
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