Expect a bearish return!

The price hit the 38.2% Fibonacci retracement range compared to the previous big upward wave and therefore chooses the return path. Also, in this return, the role of diagonal resistance (blue line) should not be ignored. In this case, it is expected that the price will pull back to the crossed 23.6% Fibonacci range, and after that, the price range of $1,840 will be waiting to be touched. (This is a personal analysis and opinion and should not be the sole basis for a trading decision)