Long thesis

LongDayLossOpened Jul 23, 2026 · 23:00 UTCResolved Jul 24, 2026 · 00:05 UTC

The call

DirectionLong

Entry$65,100.0

T1 · 20%$65,271.1

Target$65,557.5

STOP (original)$64,900.0

Outcome

ResultLoss · Stopped out

Return on margin-1.54%

P&L-$153.61

P&L (BTC)-0.00237 BTC

Exit$64,900.0

Price moved-0.31%

Deepest adverse$64,871.2 (-0.35%)

Sized under

Account$10,000

Leverage5×

Notional$50,000

Liquidation$54,477.0

Price chart

Bybit · BTC/USD Inverse Perpetual

Reasoning

Tier-one pwVAH at $65,096 was swept and reclaimed by the CLOSED 2026-07-23 22:45 UTC 15-minute candle (O $65,126.9, L $65,049.0, C $65,115.5), providing a sweep-reclaim trigger; current price is retesting that level. The long is corroborated by 4h CVD confirming up and negative 5m taker delta while price holds the reclaim, consistent with sell absorption, while flat OI is neutral and positive funding is modest rather than prohibitive. Entry is on the pwVAH retest, with the stop given room below the $65,049 sweep wick; quick T1 is daily VWAP at $65,271.1 and T2 is developing daily POC at $65,557.5, giving approximately 2.29:1 reward-to-risk to T2.

Committed on the market snapshot from Jul 23, 2026 · 23:00 UTC