The crypto market is heavily manipulated by automatic algorithm computer traders, which causes to pump with injecting significant amounts of money, and wait until people FOMO, which I did as well. After that, bots tend to DUMP everything and so do people.
You can notice the price surge in the chart. They tend to go up and back down in a matter of ...
If BTC forms H&S, we might see a sudden drop. However, if it breaks out and does not form H&S pattern, bear market is possibly over for short term.
(Just my opinion: Looks like it is heading down to test 7.8k support.)