First off we broke down again through the .618 support zone, in my historical bubble chart this is also a crucial level and dump further normally to deeper levels in sometimes a very short time-frame. The .382 is a great retracement level and I would definitely buy if we reach this, which is around 8200.
Breaking below .382 can cause a big panic spike to 0.236-0.295, these are excellent to buy and hold and such moves only last minutes.
For now the 8200-9000 level seems to be a great bottom and should definitely hold, I will be buying here long-term and hold it for +10400-12700 level.
All this vertical momentum will be translated slowly into horizontal momentum and consolidate before the complete bear trend is over.
Yellow is a get out level, Above is way too risky to hold, resistance will begin at red. Its where historical wicks are too so it can go there, but since it broke it has turned resistance and probably retests it before going down and people stills got fuds for 8k.
The triangle that broke after yellow only has one large down leg so it has to create atleast smaller down leg hitting the red zone.
12355, very likely to hit, safe profit taking.
12774, good chance to hit, above try to trade with only remaining 30-40% if you aim for higher tp.
13165, getting risky here for holding larger long.
13646, bull is strong, but also very likely to retrace here, ideal profit taking and spot to open a short.
Untill then, it's not brakeout.