We confused here with this trend and must wait for some confirmations, adyor
It is melting down, if hold support area we may see a good bullish momentum to 58k midterm..
What a big dilemma has been appeared here just pray for it!
As you see i did a fibonacci extention at weekly time frame and there is strong support at 32400 and strong resistance 61300, directing to both side is possible but about bull targets you can see fib 2.272 at 204k and fib 2.618 at 380k. Not a financial advice..