Further dumpage is unsustainable without coming up for air IMO.
We have yet to hit a level to show a strong reaction. This may happen at $33-34k. A random pump around this current level is likely a fake out. On the sidelines waiting for an impulse and will enter a long to touch around $38-40k
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33k it is, looking for air, setting targets around $38, $39, $40. Expecting sharp correction downwards favoring bears.
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If you took profits at 38k, wtg. This could still play out upwards of 41k. Nasdaq already recovering following FED meeting. Price is continuing on trajectory after panic sell.
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