Volatile moves all across the market due Russia - Nato conflict so its really hard to make a sense of price movements in the short term. But long term charts don't give a f... about short term noise.
Btc must keep the channel for a potential upside move.
The bearish scenario if we loose the channel would be a real bloodbath and probably a long bear market for all crypto holders till 2024.
IMO its 65% chance for the pump rather than 35% to dump.
We are in a critical situation but in 7-8 years this short term movement will be another one in the dust.