We said before that when the price falls, don't rush to sell. If you see signs of stabilization, you can consider buying to try to rebound. Looking back now, my suggestion is right.
The price has now reached the edge of the pressure zone that we have been paying attention to. Can we short it? Don't worry, we have to see a reversal signal first. If there is no reversal signal, we have reason to believe that this wave of gains starting from 5.3w will continue. Remember, shorting at the pressure level and shorting when seeing a reversal signal are two different things. The pressure level is the previous resistance, and the reversal signal is the current resistance. If there is a reversal signal, shorting will be stable.
But if this pressure level is really broken, it is estimated that it will go to the previous high point, and maybe there will be another rise of the same magnitude.