Is this the beginning of the second round?

I think it is too early to make a decision and I will only express my observations
We saw a sharp drop in prices
Then we saw the price correction to the 618-Fib and a little higher than that.
Can be expected to drop to 1.236 or 1.382 Fib Extension.
The reverse cup & handle pattern is evident.
sma-50 and sma-200 are moving towards each other (as if they are meeting)
It is currently testing ema-20
A CME-GAP is filled and the other remains
possible Targets have been identified on the chart