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and i think this is more of the b, in an a b c correction. but i am a newbie would the input from the master @haejin

First of al i'm not an expert and learning. However I think I agree with you and see a bearish rising wedge which would indicate a downward trend, which is in line with what Haejin is expecting to be the wave V down to around 11k from where we will be launched to 70k