So we can see BTC has closely reached the previous Fib at 1.618 25.7k and make a reversal on it.

With considering the End of the Terra and “Done” Kwon, we shall see a slightly recovery on BTC and alts. so I may target the 34.3K range would be a resistance area that BTC may drop back, if it breakthrough, We may consider the Yearly low was formed in 2022.

Position: Long at 29K to 30K (beware on 1Hr chart to see any Higher low was formed)
CL: 28.8k
TP:
1. 34.3K
2. Bull Market is back

IMO, I would say it should be a short term recovery since we havent seen a crash like previous massive drop yet. so it maybe a short squeeze.