They may pull down even further 🔻

We were waiting for a reversal at $101K, but due to current circumstances and increased sales volumes, there is a high likelihood of breaking the current support. If this happens, the pullback could extend all the way to the next significant support, which is located at ~$97,000.

However, keep in mind that as long as the current support is not broken, the reversal scenario from these levels is still relevant. Only in the case of its break can we expect a stronger plunge.