At the cusp of violent volatility. Price Action broke out of an ascending triangle previously discussed. The measured move of this ascending triangle is 77.4k.
However a rising wedge has been painted. If price action break up from this rising wedge this will result in a blow off top reaching 110k.
Otherwise, if price respects the rising wedge then it will be a start of a sustained trend down to close the cme gaps like in March 2020.