It looks like the king of the crypto market is going to retest the bottom of the ascending channel , i think that it would be a good idea to looking for longs at
the bottom of the channel, however, if it holds the blue box that seems to be a good entry . Orders at the *purple line 40500-41000, *orange line 39000-39500 and *bottom of the ascending channel 38500-37500. Targets 43,45,48,51k .

Taking into account that everything is possible if it breaks down the ascending channel and closes a daily candle below that would be very bearish and looking for shorts would be a good idea with an entry in the retest and a tight stop loss order with target 29500

This in only my opinion, is not a financial advice, never risk your capital before making your own research and having a good risk management.
I would be pleased to see what do you think in the comments.
Regards and happy trading neither fear nor hope.