The second scenario turned out to be correct and has already been partially fulfilled. We sharply broke through one support level and reached the second one as I wrote earlier
The price quickly returned to the zone 0.58-0.60, as there was a buyer. Now I expect a small accumulation in the area of 0.52-0.55, after which the asset may rise sharply in price.
Especially the new ATH on bitcoin can contribute to this.
Let's keep watching.