We are just below the range and are waiting to see if it breaks to the upside or not. But the expectation is not that the price will rise again, but rather that it will fall. Within this range, we can identify the optimal extension zone (OTE) of the last impulse, which is located in the middle part. If we manage to break out to the upside, we will also find that trend line that could act as resistance.

On the other hand, if the price continues to fall, I will keep an eye on 25k to see if there is a good bounce. This situation could favor a good rise in altcoins in the coming weeks.

If 25k is not enough to support the market, we may see a drop towards 23-19k, which could create excellent opportunities.