The price broke the $28,450 support down, this is a bearish factor.
What is important — the price is dumping not because of huge sales but because of the absense of purchases
We may see a rollback up to the $29,500 but more likely there will be a rejection from this level. The only real support level for now is $27,100.
The only case where we break the $31,000 resistance upwards is a relatively long consolidation, pressing resistance and only after — breakout.
Overall, I'm not bullish right now
