Postaus

$BTC longs 📈 Nice move back toward my entry, so I’ve de-risked half the position around $63.7K. This level is significant and may take some time to break cleanly. Strong candle off the lows today, but there’s an interesting shift happening in open interest (OI). OI built up throughout the day and is now starting to unwind. At the same time, some fresh longs are entering near the highs, keeping OI elevated. $63.6K is an important intraday level, so I wouldn’t be surprised to see some rejection or even a move back toward the lows before a genuine breakout develops. So what’s my approach? I’m not closing the entire trade and trying to re-enter, and I’m definitely not opening a short against my long just to hedge a few candles. Instead: ➡️ De-risk half near resistance ➡️ Keep the remaining position ➡️ Look to add back near the lows if the setup returns This allows me to gradually improve my entry while maintaining conviction—and without taking unnecessary risk. Simple, disciplined, and based on what the market is showing right now. 🫡 $BTC #SandiskDealsInFocus #BTCVolumeDriesUp