I have a feeling that someone knows something and that is why we are dumping.
And I think that some traders are selling just because they're gamblers and they feel like it's the way to go after the negative news about the ETF delay this week and the rest thinks like you that they must know something that we don't
What you can see on the charts now is a good example of how leveraged this market is and how the price doesn't mean anything because the market lacks liquidity in open orders.
OP's 27k is still in play as support because we haven't seen a daily close below it, although this leverage liquidation may scare people into selling and prolong the correction.