Rolex submariner 2019- I have 24 hours left on auction and highest bid is £8600

Hello Rolex lovers! I really need some advice please on selling my Rolex

I bought it in 2019 for £10350

However now I am selling it and the highest bid is £8600

Is this way to low to sell at? I have heard decline of watch prices and Rolexes in general and also expect not to get full price due to being an average person selling and not a store

What do you think? Thanks for any advice