The next 8 to 48 hours should be exciting since the market is finally showing some movement.
If $500/$507 (btc-e) holds, then an eventual Rally is coming.
If it breaks below $500 many people will expect $400 (or lower) so we might drop fast, then an Bigger Rally is coming ASAP.
Markets tend to "mess with you", so...
If it dips below $500 (ie. $498.98), and slowly starts to Rally, then just flip a coin and you will know exactly where the market is going.
No matter what happens:
An eventual Rally is coming.
- Will you be ready (after buying on the way down), or nervously hoping it goes back down to the bottom you missed?