The current situation looks similar to October 2019

After the mini bull market ended in July, we consolidated deep inside demand for a while, a concerning warning sign. One last exit pump / short squeeze (the Me pump) then bear market continuation.

snapshot

However, we've already tested support 5 times - buyers are exhausted and Rule of 5/6 applies. If we return for another test, it's unlikely to hold. This pump needs to follow through, otherwise we could easily go to 24k or 20k without any chances to exit.
snapshot
Chart Patterns

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