BTC $64,832.00 ▲ 0.37% ETH $1,912.56 ▲ 0.51% USDT $0.9993 ▲ 0.03% BNB $590.30 ▼ 0.58% XRP $1.04 ▼ 1.04% SOL $73.52 ▲ 0.28% DOGE $0.0695 ▲ 0.70% SHIB $0.00000463 ▼ 2.36% PEPE $0.00000282 ▲ 1.09% BTC $64,832.00 ▲ 0.37% ETH $1,912.56 ▲ 0.51% USDT $0.9993 ▲ 0.03% BNB $590.30 ▼ 0.58% XRP $1.04 ▼ 1.04% SOL $73.52 ▲ 0.28% DOGE $0.0695 ▲ 0.70% SHIB $0.00000463 ▼ 2.36% PEPE $0.00000282 ▲ 1.09%
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Piyasa Stablecoin

The Elephant Jungle 8/7/26 Page 4

The Elephant Jungle 8/7/26 Page 4

BTCUSDT Perpetual Contract BYBIT:BTCUSDT.P

So Red, what’s the play today?
Well, as you know, I am watching the 90m Order Block for another short if price can make it back up there.
We just formed a Wyckoff Model 1 Accumulation, but the spring has been pretty weak and is not giving me the push I was hoping for. Maybe that is just because we are still in the London session, and New York will come in with the momentum.
However, if price breaks the Inside Range 2 Low before reaching the range high, then this Wyckoff is dead to me.
If that happens, I will be watching the 15m Order Block, with the Daily Level as confluence, for a nice little scalp long that could possibly turn into a swing long.
But, the 6H Order Block is still the long setup I like the most.
That is my game plan for today.
Now I would love to hear your thoughts on the market, so drop them in the comments.
And, like always, trade safe, use good risk management, and wait for your levels and confirmations.
Until next time.

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