Long time no see,
The market is still bearish (short term) and a further drop is shown in most indicators.
The market is most likely going to follow the dynamic trendline represented in green.
The drop is also expected not to be as abrupt as the last ones.
I will start buying around $7.600 where a reversal would be normal and healthy and I will keep in mind the last drops came just after a considerable and fast spike in price.