Will it retest the $3100s december low? Will it crash down under $3000?
I'm short term bullish, looking for a squeeze above $4,200. That'll be a good selling opportunity.
However I'm still leaning towards one of these bearish options longer term. I just don't see the kind of recovery, volume, or buying pressure to give me any confidence that we've already hit the bottom. Buyers obviously don't have confidence; there is no FOMO here. It'll be months and months of sideways sloshing if we have bottomed so there's no rush to buy back right now.