more test of 36k expected before any move to maybe 48k

I still expect a retracement to the 48k area before pursuing it's move downward and a break upside the 40k41k zone on a SOS would give me signs that 48k is in fact a zone to considerate. But looking at how it weakened demand in the past, and that even when price would reach 42k some demand absorption happened a month ago touching it, I would look for a signs of weakness around there and to hold a sell position for around 2000 pips down. More test of the 36k area is highly more likely to happens, before it goes straight up to the 48k zone.

Already started seeing weakening of the demand on the 13th June at the touch of 39 500k