This is the fifth test of the 107k support level. Each bounce has been weaker. While we could easily continue testing it, I definitely don't want to bet on such a repeatedly tested support level. Doing so would be unwise, risky, and dangerous. I'll remain on the sidelines and stay away from the market for now. I know which cryptocurrencies I want to buy, and I don't believe "it's all over," it's just that the current risk-reward ratio isn't ideal. Especially given the inherently high risk of cryptocurrencies, there's no need to add insult to injury.