Right now we are consolidating around the 7000 range and holding the line so far. We have somewhat of a channel from the last weeks low up until this point. RSI has held support since the low as well in this trend. Right now volume is declining and I am not sure this is the rally that everyone is looking for. If we hold the 7000 and have another leg up I can not see us going beyond 7300. 7200-7300 is a very strong resistance and also would have us still on our RSI trend but in the very much overbought area. RSI can be overbought and oversold to no end, it does not guarantee anything. However, with the declining volume and truncated movements as we reached 7100 I do think we are looking for a short term reversal if we do. For this to remain bullish I would need to see support found at around 6900 after a 7200-7300 top. Anything lower might find support at 6600-6400. Two kew FIB zones. Overall I am still bearish biased. Until we cross 7800 with substantial volume we will have no new trend made. Breaking 7800 would break the high pattern we have made following previous rallies where we topped at .618. I do think that with the kneejerk response crypto seems to have that if we even begin to reverse/correct, that everyone will begin to fear another test of the bottom. This seems to be the cycle, and will continue to the the cycle until new money enters the market. Right now I am paying more attention to the overall market cap graph more than anything else.