It's above the waterfalls, which is getting less steep. But it's unable to stay above it for more than a few days and still a lower high. If it breaks and stays above the 0.618 Fib for more than several days, then the next strong resistance is the VPVR of around $47K. This is also where the 200 MA is heading. The longer the horizontal bars of the VPVR, the stronger the resistance. The red line is the POC = $39K or the price with the most volume , which is a strong support.