$BTC We're bouncing from the VAL and reclaiming back above the Weekly Open (63.7k). For continuation to the upside, We need to keep holding this zone.

The EQH's at 65.5k remain my target. From the way price is behaving, We keep front running the liquidity resting below the range. That can mean one of two things:

1) We're accumulating beneath the range, trapping late longs through the chop while consistently sweeping the highs to keep shorts out of the move.

2) There's enough buying momentum from the MM's that they no longer need to hunt the lows for liquidity. Instead, They're front running retail because demand is already there.

We're also ranging inside a Rising Wedge, Which looks very similar to the advancing phase that usually follows after the accumulation at the lows. That's why I believe we have a higher probability of breaking to the upside but until that happens, It's still just a range.

The best approach here is to trade the range level-to-level and wait for a confirmed breakout in either direction. As long as we're rejecting the highs and bouncing from the lows, There's no reason to force a directional bias inside the range.