$BTC I’m assuming we’re seeing a reversal Head and Shoulders forming on BTC, with a potential retest of 106k. In that case, there’s a strong chance of seeing a new all-time high. I opened a few scout positions and still believe the bulls are in control. A retest of the local low (around the 80k zone) is possible, but I’m staying in long positions for now. The price action from here will be telling: if we can move up right away, the probability of a new high increases sharply.

Stepping away from the hourly charts — now we wait.