With price dropping today from $30K to around $29K, are you worried there will be a deeper correction, or return to bear market, or is this just the short-term correction before re-testing $30K?
I will not be affected by this correction, so I will only consider it as short-term correction that will likely recover in the near future. The 1 Day and 4 Hour TF looks bearish, but we are still in an uptrend if we look at it from the 1 Month TF. So I personally wouldn't worry about this correction, it's just going to be very close to recovering and getting back to testing $30k.
Strong support now expected at $29k, but if this correction is followed by panic traders then I don't think $29k will be able to withstand the selling pressure. I hope there is no deeper correction, this should be resolved in the short term.