Good to see another higher low and bounce at the trendline. Still no real relief rally happened and measure move down to 45k is certainly possible but holding above 55k support/resistance is good. No real help on oscillators on any timescale but a lot of altcoins (LTC, BCH, BNB) are showing bullish bias so the market as a whole didn't give up yet.
Comment:
Broke down but not violently. Now headed back up for a backtest of the triangle around 55k. If this gets rejected it might be time to go short but then holding 53k was actually quite good so I'm not totally bearish yet.