It could take years to digest that bubble burst... I won't be re-interested in the issue for another 5 years or so. Markets don't just burst and retest highs right away, it takes years to digest. 8800, then the smart money sells or re-shorts in my opinion. But what do I know.
I'd ask the exchanges this question - you know the place where 95% of trading volume is faked and manipulated? https://www.wsj.com/articles/most-b...nges-study-finds-11553259600?mod=hp_lead_pos7
Uptrend weak formed before the run up, that obviously got someone interested, which sparked a rally and a nice move. Do I think we'll go back to 2017 madness ?? No, I think the interest is lost and run into too many sellers and no 1 is going to bid it to 20K again ever. So I expect this is just a dead cat bounce and it'll resume sell off and go to lower lows, likely bounce a few times, sucker in some retail. Fun to watch, no mates in it currently was advising when to exit and jump in last year, but got to slow.