There is panic over the current state of the market although the overall picture is still good. But from this stage it can back down and turn bullish. So we have to wait this week to judge the next market movement. But the current range $27k is certainly a good position. Hope fully it will be positive.
So who panicked and why panicked? I think the bitcoin price movement since the beginning of the year has been pretty good and the positive trend has been going on for a long time. although currently the bitcoin price is stuck below $30k and has difficulty breaking through $30k but in my opinion this is not a serious problem because I believe in the near future the bitcoin price will be able to penetrate $30k and continue the positive trend.