Currently the price is going down and breaching through all the supports or Fibonacci levels.
1- Price is currently under a death cross (8 EMA above 21 EMA). 2- Pink trend line was broken. 3- Then, price is going down through a downwards parallel channel. 4- There is liquidity still to be met in that green rectangle. 5- 78.6% Fibonacci is coincident with the white trend line that is the ultimate support since January 2023. 6- If the white line is broken down, then price will go to lower levels and may be the start of a bear market. 7- If price rebounds at 78.6% Fibonacci, then it can go for the liquidity in the red rectangles.
In summary, 17,923 is the target #1, then we should wait for price action to determine what's the next target.