1: Parabolic selling momentum slowing down 2: Accumulative structure currently under progress, they're building the BIG ARC 3: We're on top of Monthly/Weekly support hence why the velocity of the dump is slowing down 4: Not a bad place here to build SPOT LONGS - off course average in 5: YOU DON'T SHORT MONTHLY SUPPORT
You can trade the range and accumulate BTC yourself just don't get too carried away shorting.