comment: Guess what. Anyone looking at this chart who tells you to buy for anything higher than 66000 is a permabull in denial. The last time a daily bull bar closed above its midpoint was almost 3 weeks ago. The bull trend line from 2024-02 is clearly broken. Market touched the weekly 20ema and bounced some but bulls could not get any follow through, what so ever. Bears are not that strong either tbh, just grinding this down. At some point one side will give up for a huge drop/bounce. Until bulls can make higher highs above 66500 again, you should not be looking to buy this imo. So what’s next? I expect more sideways to up movement until we reach the upper bear channel and/or the daily ema gain, where I will look for shorts again. Targets below are 61000 and if that does not hold, 56000-58000 is next.