This is a "return to normal" phase pushed by bulls who are trying to reclaim losses incurred from buying at the top last month. I'm guessing buy support will break before we can push to another ATH.
and what makes you so sure? this can be anything, really. the fact that there are some illustrative charts lying around with sentences such as "return to normal" doesn't mean anything. The last weekend was more like pirate40's default not real crash or whatever. If you were around that long you would know how bitcoin works. It ain't that easy that you look some stupid bubble illustrations and become immediately a market prophet.