Downtrend still intact until Bitcoin price breaks above 9.5kish and most importantly 10.5k to create a higher high compared to previous high (10.5k in October 2019 and February 2020).
Higher lows, lower highs. It's a contracting range, not so much a downtrend. I could see something like this playing out:
Buying right now at 9.2k is gambling.
I would definitely agree with that. There was good risk/reward in the $7,000s but here? Not so much. I closed my longs and I'm on the sidelines waiting for a good setup.