Volume increased higher than the top area on the left but could not close the candle beyond the closing price zone of 38k2. After an unsuccessful test, there was a strong selling force at the 4h candle that closed at 11pm. VPVR also noted that the selling volume area is dominant in the price area above 38k.
This shows the obvious weakening of BTC. It is likely that BTC will reduce the correction in the next few days. The price zone coincides with the trend line connecting the bottoms in the uptrend is the first destination. If this trend line is broken, BTC can quickly fall to the 34k area.
Plan 2 (blue arrow) if the price is well supported with strong trading volume in the trendline area like the previous times, the price may rebound above 38k5. All Plan will need to constantly survey the volume in the important Resistance - Support areas to make the next decision.
This shows the obvious weakening of BTC. It is likely that BTC will reduce the correction in the next few days. The price zone coincides with the trend line connecting the bottoms in the uptrend is the first destination. If this trend line is broken, BTC can quickly fall to the 34k area.
Plan 2 (blue arrow) if the price is well supported with strong trading volume in the trendline area like the previous times, the price may rebound above 38k5. All Plan will need to constantly survey the volume in the important Resistance - Support areas to make the next decision.