There's a lot to unpack here and honestly things can still go either way. Despite the big green candle that got cryptomanics on hard this is BTC we're talking about and BTC can giveth and taketh away with a blink of an eye. That being said I wouldn't go opening a 100x leverage short expecting things to dump into the netherrealms. Patience is key let price do its thing.
Beyond Technical AnalysisSupply and DemandSupport and Resistance

Penafian