In my opinion the whole financial solutions we are seeing right now are just deflationary and will be the reason why we will see tanking prices in all kind of assets.
This is just a rough plan but it will play out within the upcoming months.
there is also a massive overextended W formation on the weekly, I think we are overextended on btcusd as well, and in need of a retracement, I will just wait for the structure on the daily to start breaking, then definitely we can start looking for shorting opportunities :)