With the recent powerful leg-up, btc managed to exit above the Kumo cloud on the 1D time frame. However, there are a few things to note:

• The cloud is red, meaning it is a resistance cloud thus less likely to act as support. Although the price passed through the SSB effortlessly, the SSB still acts as resistance unless the price action consolidates around it and turns it into support, which without strong continuation of bull momentum is quite unlikely.
• The Tenkan and Kijun are still far below, and the Tenkan will only start moving up in 3 days from now after it stops counting our lowest low at $34.5k (if we do not make a new higher high by then). The Kijun will only start moving down slightly in like a week from now. Those two lines act as strong magnets for the price action especially as a trend starts weakening. Since the Tenkan is not going to be moving in the next days, it leaves btc hanging up there with no notable support. Thus it is reasonable to expect the price to first fall to the 25D moving average (a reliable magnet and support as well) first, then meet the TS , and from then on the latter will either act as support, enabling btc to test $45k again (?) or fail and we will go down to find support on the Kijun around $40k.

Tell me what you think about that.