On the current situation We're currently seeing a local rise and trading around 79k, from where we should resume the correction
But! I want to note that if we break above with a close above at least on the 4H, then another move up to test the $81k resistance will be confirmed. I don't put much emphasis on this scenario, but it has a right to exist, since the market sometimes likes to surprise us
I think that even if we break the $79k level, it would only confirm a local move higher, nothing more because the market is so overheated right now that either from current levels, or after one more slightly higher push, we should predominantly continue the decline. It's not in the market's interest to go against its own liquidity for so long, which is currently sitting below
