1: Parabolic selling momentum slowing down
2: Accumulative structure currently under progress, they're building the BIG ARC
3: We're on top of Monthly/Weekly support hence why the velocity of the dump is slowing down
4: Not a bad place here to build SPOT LONGS - off course average in
5: YOU DON'T SHORT MONTHLY SUPPORT
You can trade the range and accumulate BTC yourself just don't get too carried away shorting.