My first figure was .015 to 017.
Then the volume sells from last couple days made me see it possibly dropping a bit lower.
How low it goes depends on the hype group, and whether some of them are staying long, or if they are still getting out.
It will all play out.
By tomorrow it stabilizes, and then as you say for 2-3 days we go sideways with stable price.
Next week people can possibly expect some green days.
Generally, the mentality of traders is to hit the bid, while investors hit the ask once.
On the flip side tho, on a down trend, almost
nobody is selling at ask, so they sell just under market or at bid.
Money makes people emotional and they will rally for position if they have made poor choices.
The 1s base were not filled fully on the last run.
We are coming back to fill it in before it goes up again.