Good news is getting more and more coming and I'm sure the Bitcoin support level has been reached at the end of 2022 which reached $ 16k,
and now the bitcoin price is still above $ 20k I don't think this year has touched a new support level anymore but we in 2023 can reach this level resistance,
moreover Good news from China can be a booster for the crypto market.
And it's good to see that somewhat the bloodshed has stop, we are still very much in the $26k range. We've recovered some after the start of this week when the price drop <$25k.
I'm not really sure what good news you are waiting from China, but I highly doubt it. And I will take everything with a grain of salt coming from them. The best thing to do is just remain calm, and wait for a true bull run, not artificial boost in the price or some form of manipulation. But remember though that we are still in the bear market so the price could drop anytime but hopefully there's no more lowest lows for us.