1. Looking at the daily chart, BTC has experienced two periods of almost identical rises, the same top divergence, and the same pullback followed by a pin to stop the decline.

2. There is no reason not to make a big surge in 5 waves, but soon you will find that this is a bull trap.

3. The rebound target is around 28,000 (plus or minus $300). After all the bulls are wiped out, the decline will be unimpeded.