Yes, there was some FUD today that increased selling 20x and pushed us down. Look for support around $9,500 low 2/25, with opportunity to buy in at $8,200, then $7,350 if it does break below the projected wave 1.
Currently, overall pattern has not been invalidated, though I have been referencing a larger correction once wave 5 completes. My count did not have that happen yet, but there is a count that supports that where we are undergoing a 3-3-5 correction.
For now, I'm HODL'ing for my current wave count, and to see the jump that usually follows a sell off. MACD is stretched to the max on the one hour chart, and RSI has us as way oversold, which has resulted in a jump each time:
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