The minor distribution structure is confirmed.
We'll see how low it will go.
The bigger Wyckoff structure could be:
A) DISTRIBUTION on a larger scale - a serious correction of significant proportions:
1.Pi Cycle Top indicator calling the end of this bull run,
2. RSI in the downtrend range,
3. News are still ridiculously bullish)
B) Re-Accumulation structure with a big spring around 40k because of the confluence of:
1. lower boundary of the Wyckoff structure range
2. 21W EMA, the one line to watch!
3. 0,236 Fib RETRACEMENT
4. the momentum high on the RSI
I wish I knew what the market makers have planned for us this weekend, but all is not hopeless. The new COT comes out today.