Bitcoin hourly chart looks vulnerable

I posted earlier on the slip for BTC/USD, posting a zoomed-in chart to demonstrate the drop.

Zooming out though, on an hourly chart, it looks vulnerable to further falls.

I've noted 'support' lines on the chart, ar are they? Looks precarious to me really.

Technical analysts, what say you?

As for news, the only snippet I've seen fresh is that the CEO of Coinbase says he's heard chatter about the place that the US SEC would like to ban cryptocurrency staking. Says he hopes that's not the case as it would be a terrible path for the US if it happens.

bitcoin Bitcoin Bitcoin is the largest and world’s first digital currency launched back in 2009 by the entity, Satoshi Nakamoto. Being a digital currency, a defining feature of Bitcoin is that it functions without a central bank or single administrator. Rather, Bitcoin instead can be sent by peer-to-peer (P2P) networking, which is itself absent of any intermediaries.Instead of being a physical currency, Bitcoins represent pieces of digital code that can be sent and received across a kind of distributed ledger n Bitcoin is the largest and world’s first digital currency launched back in 2009 by the entity, Satoshi Nakamoto. Being a digital currency, a defining feature of Bitcoin is that it functions without a central bank or single administrator. Rather, Bitcoin instead can be sent by peer-to-peer (P2P) networking, which is itself absent of any intermediaries.Instead of being a physical currency, Bitcoins represent pieces of digital code that can be sent and received across a kind of distributed ledger n Read this Term