I have to update the Wyckoff Structure now that it developed more.
This distribution has a target that lands exactly at the 0.382 Fib Retracement level (perfect for a typical Elliott’s wave 4 correction - Yellow dotted line).
It also, so far, mimics precisely the same type of sloped distribution seen in Aug-Sep 2020 (wave 2).
I’m not sure if it can reach its target, but seeing the Pi top Cycle indicator cross (lookintobitcoin.com) is validating an even deeper drop.