Weekly chart looks weak. Support zone got hit by a big red candle ā now acting as liquidity, not real support.
Daily: Old support flipped to resistance = more sell pressure.
Next target: *$54k-$58k* zone.
Long term: Watching 2024-2025 support for a buy. No DCA yet until we see strength + bounce confirmation.
*TL;DR: Sellers in control for now. $54k-$58k is the key level to watch* šÆ
