It does indicate to me that for the next few days bobbing along the bottom purple line shows an upward trend however, consider the winder impact of dates over the next 30.
Assuming the following is true a few beneficial arguments could be made.
People have a buy order at $10800 stopping such an immediate drop .
The fact that 3pm fed chief spoke and thousands of people got alerts on the phone causing mass panic.
If you fancy a fun search and need a reason to get up early. Daily 05:30 - 06:00 sees the bottom of the days expectations as China pushes the price.
YouTube channels are mostly USA produced and the times are showing 1,000’s people following advice given the 1am - 3pm random trading figures.
LTC halving is like prices in but fomo may take the price of Btc back up Naturally.
Next few days should be fun. All meant for fun, no advice just observations by a noob.