Bears showed up for the largest hourly bear volume bar in about three weeks. Hourly is now looking oversold, so we'll see a little bounce maybe, but I do think we're into the start of a longer bear pullback.
The current support at $3,337 is going to be tested (almost already was), and then we'll see what the test results will be.
Stay safe at the current though, I don't think there's much more bears can do. We lost shorter term support already. There wasn't a follow through, but it shows that a lot of people are still skeptical with stop losses set and triggering, plus more shorts entering positions.
A huge slide and relative dump like this coming out of a longer consolidation is bad news. Stay safe.