The bad news always turn out to be not that bad. But together with huge sell-off, they make you feel fear and uncertain.
From the chart, we can see the situation is similar to what we had last time before the Feb. Crash. We are in the consolidation phase right now and later it will become a part of a giant . If history will repeat itself, we still have around one and a half days before the next crash.
Then it will crash to around 8k and have a dead cat bounce. And then a lower low, likely around 5k.
Now Fiat is the king.