If you want my honest opinion, on the daily chart, it still looks bullish. The fall stopped at the trend line (overlay on EMA 50 close), so there's a good chance it will recover. However, what comes next? Liquidity has reached nearly $1 billion, and a dump is normal as whales can only extract funds when there's liquidity. On this dump, liquidations of $400 million were recorded due to numerous longs over the past two months. I wouldn't be surprised if there's another dump to around 40-38 to trigger additional $500 million liquidations before another rise. Be cautious; I still suggest not entering any trades until mid-January. If you decide to trade, do it at your own risk. Stay relaxed and observe, then we'll resume our activities. Stay safe.