We are in a new ascending channel formed at the beginning of January 17th. The main task of the bulls is to break the main resistance line at $ 38,500. In case of an unsuccessful breakout (this will be the third attempt), there is a very high probability of testing the main support line again, which will add the chances to go under it (and this will already be a signal for the beginning of a bearish trend). Therefore, you should carefully monitor the exit from this channel. If the breakout of the resistance is successful, then I expect a large upward impulse to the levels of $ 42,000