China isn't moving because the Chinese are asleep.
China is down -5.7% over 3 days.
Also the arbitrage is closed, which means that west will have to raise the price to $1,000 by themselves.
We are also more than 2x ahead of the long-term trend, which is a very extended position.
Bid/ask charts are quite tilted towards the latter. Especially noteworthy is the lack of bids $700+
Volume is low.
Ch00000000000000........EDIT: the last one is pronounced: "irrational exuberance is running rampant in the forum, expecting price to rise based on previous rise"