Crypto Market Analysis - Are we entering the bear season? Important levels to see right now!

Hello everyone,
How are you all? I hope everyone is fine and doing great in their life.

A lot of people are in panic because of the current market situation and I created a blog two days back itself where I shared my analysis of the market with respect to bitcoin. You can go and check that blog as well but today I have created a more detailed chart for short term movement predictions.

In the screenshot of the bitcoin chart at 1D timeframe below there are four trendlines and for now we are trading above the very top yellow trendline which is currently the support that must be holded in order to avoid any further crash in the market overall.

Now there are only two possibilities here, we either reject or break that support line and let us understand the negative side where we break down that support line. What can we expect in that scenario for the bitcoin and rest of the market.
What are the levels we will be testing after that support gets broken?

If we break that support line we are going to see the first white trendline as the major support and if the breakout is not a fake out we can eventually test that support line as the max pain in for bitcoin in my opinion. This is a 1D timeframe and if we start analysing the 4h timeframe we will find different levels.

What we are looking at right now are really strong levels for bitcoin and testing and breaking those will really decide the further movement of the market and that is why we are looking them and not the 4h timeframe chart.

We have created another trendline here this time on a shorter timeframe. The green line you see is the level at 99.1k and if the market situation remains healthy that is we do not hear any bad news or war news, the max pain should be at that green trendline. we were trading below this green trendline for more than three months.

But for now the good thing is that we are above the yellow line and that is why we are bullish for the entire crypto market in long run. I still believe that the bear market will only be market when we hit the support where the last white line can be seen in the first screenshot shared by me.

Keep an eye at those levels and avoid leverage trading.

Thank You