BTC has already completed the weekly ERL objective. Now, price is likely to rebalance back toward the weekly IRL.
There is also a weekly BISI / imbalance area and multiple daily FVGs that are still pending to be filled, so the higher-timeframe draw on liquidity appears to be on the downside first.
Currently, price is trading in the 4H premium zone. Also, 15M swing-low liquidity is still pending below 62,700. Because of this, I am expecting price to first move below 62,700 to take liquidity before looking for any long setup.
My ideal long area is around 61,000–61,500, but I will not buy blindly there. I will wait for price to sweep sell-side liquidity, tap into the higher-timeframe POI / discount area, and then show bullish confirmation on 15M or 5M through MSS, displacement, or a clean bullish FVG/OB retest.
In simple terms: weekly ERL is done, so price may now move toward weekly IRL. Since price is in 4H premium and 15M sell-side liquidity is pending, I expect a move below 62,700 first. After that, I will look for longs only if price reacts from 61,000–61,500 with bullish confirmation.