Just looking at price, what do you notice? That it's a type pattern. It's sloping down as price converges on this 9.5k level. Once this breaks, we'll move to the next of 8k where we should get a bounce. From there I would imagine will go sideways or resume down. It's highly doubtful that after we bounce that we'll resume upward. While possible, I think we need to see some more development in the charts for that to happen.
All in all, expect more downside in the near term.
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