Would see us heading lower , taking out the LTF lows and then swing back up again to new aths, would be in line with what i think is going to happen for BTC. Fractal is from the last runup to ATH for dot. Alot of confluence IMO.
Not saying it will play out exactly like this, but IMO its worth keeping an eye at the idea.
Ideas are self explanatory
if we cant reclaim poc we're going lower, might see a wick above it and fail to hold it, like we did above 50k, which lead us to this dump.
Key level to watch is the highs of the channel we're in, and a potential SFP of the range & the bottom of the sell off.
Until we reclaim some major levels im bearish. 53k would be a good sign...