BTC finally broke down from the rising wedge with huge volume. Currently, we are seeing bulls try to bounce from daily 26/55EMAs. Like I mentioned in previous posts, I was looking for btc to set a lower high on the weekly timeframe and then pull back to find a higher low. I have exited my short positions because I feel the price action has dropped too much in a short amount of time. 4hr rsi was almost oversold at the lowest point, and 1hr rsi was in the teens. I will reenter short positions in alts when we see a btc have a short-term bounce to set a lower high on the 4hr timeframe. We are still technically in a daily uptrend until 6802 breaks, but I am not confident that it will hold because of this sharp dump with heavy volume from the bears after days of slow grinding upwards with a lack of impulsive action by the bulls.