Let's take a closer look at the 4-hour timeframe; the trading volume at Binance Exchange confirms the support of $40,000. Currently, this negative trend has stopped, and you can enter the stage of entering the spot and long-term, but in the short term, there is still no positive signal.
By breaking the $40,000 (I mean closing the candles and stabilizing the price below it), Bitcoin will continue to fall to the $ 37,000 range.
Given the current situation, starting an uptrend in Bitcoin would require the price to cross $41,000 or fall to $37,000.
If you are a trader, pay close attention to your stop-losses.