a wombo combo involves teammates using a sequence of powerful attacks to burst down the enemy team before they have a chance to react, a maneuver.

it’s we the people vs. the algos.

what’s their next plan?

if i had to make an educated guess,
i’d have to say we see a “breakdown” below the trendline that 99% of the market is eyeing.
when everyone and their uncle sees something,
it almost always becomes meaningless.

remember these words;
the majority of the market is always wrong.

—

that being said, i think we see a bit more downside in the days ahead.
(maybe the current bounce goes a tad bit higher, but overall, i bet it comes down one last time to about 34.9k)