I think it was a bad translation. My basic takeaway: Low $3000s (down to $3000) is buy support. Below this level (and below the weekly 20MA) would be a major overlap. As an aside, such an overlap would be bearish from the perspective of Elliott Wave Theory. If $3000 holds, the bullish picture remains ($40,000+ by 2019), and this would just be considered another healthy correction.

Unfortunately, this sets up a "darkest before dawn" scenario. Testing the weekly 20MA is healthy. Overlapping is not. In this case, both scenarios are a stone's throw away from one another. It's an extremely binary scenario. One sets off the run to $6000s, the other sets off a prolonged bear market.