bitstamp first with hash ribbons indicator?

as with the BLX chart on the 1d TimeFrame, the recent drop from 9k to 3.7k is the first time that price action has gone below a major low confirmed by the blue circles in the hash ribbon indicator.

the blue circle that flashed in jan. 2020 confirmed the major low of 6.3k in dec 2019. that price was around USD 6.3k.

now that the price action has fallen to 3.7k a couple weeks ago, is it in fact the first time this has happened? from what i can tell, it is. but smarter / better / more experienced traders than me have told me i'm mistaken.

i'd love to know what i'm not seeing. if you spot something i missed, would you please comment below? Thanks!

Comment:

here's a hopefully clearer version of it:
www.tradingview.com/chart/Bdi9g9oE/

Comment:

or here: