A descending triangle has formed and its 5th top may mark the beginning of another downtrend, which could bring the price to the $270-$280-ish level, with a short stop at $340.
Just a call to be careful about a probable new bear march.
Sharing some thoughts for the next hours published on the chat some hours ago.
Still some things to happen before we finish the correction. Clearly RSI was overbought around 980$ and MACD confirmed the bearish turning point. Some bounces between 38,2% ($800-ish) and 61,8% ($870-ish) before going down to ...
If we manage to break the 900$ resistance, next stop is at the psychological 1000$, if not, we are in a double top which could bring the price to 650-550$ range or even to 450$ in a more bearish scenario.