BTC - TPO update

Looking at the price action since we came into 100k area, we can see a big range value area between 92k and 100k, with a short deviation above that created some new value between 103k and 106k.

Compressing a bit at the lower end of that higher value now, which makes it easy to define bias for intraday plays:
- lose todays VAL, fill imbalance to lower range VAH and orderlock
- lose weekly lows, we look at npoc at 97k for a reaction
- lose that, then imo we best wait for 92k npoc which also fills the imbalance of that initial move and taps big range VAL
- move up form todays VA, then next npoc is 105k which also fills the remaining imbalance to the upside
- 107k to 108k is the biggest resistance area until proven otherwise. Given recent price action, I would only short on breakdown, definitely not as long as slow grind price action is ongoing.