Update: $BTC, 2D So, price has now reached a confluence support zone formed by POC, OS VWAP, monthly S3 and VAL, however so far we still haven’t seen any meaningful buyer reaction from this area. It’s also worth noting that a previously formed bullish 2D OB runs through this zone as well and is currently acting as support. In addition, I’d like to point out that the nature of the current decline looks quite vertical and somewhat resembles the move from 90K down to 60K. This is also reflected by L2KDJ, which has similarly deviated deep into oversold territory. The main difference for now is the volume spikes.